HDFC Ergo General Insurance Retention Manager Salaries by 40+ Employees (Updated 2025)

0 - 8 years exp.

₹2.3 Lakhs - ₹4.4 Lakhs

Salary of majority employees

38% less than the average Retention Manager Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Retention Manager Salary 1 - 8 years exp. (13 salaries)	₹2.3 L/yr - ₹4.3 L/yr
Sales & Business Development Retention Manager Salary 0 - 6 years exp. (11 salaries)	₹2.8 L/yr - ₹4.4 L/yr
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Finance & Accounting Retention Manager Salary 3 - 5 years exp. (5 salaries)	₹2.6 L/yr - ₹3.5 L/yr
Customer Success, Service & Operations Retention Manager Salary 1 - 4 years exp. (4 salaries)	₹2.6 L/yr - ₹3.4 L/yr
Marketing & Communication Retention Manager Salary 2 - 7 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr

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Last Updated: 1 Oct 2024

Companies similar to HDFC Ergo General Insurance for Retention Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Retention Manager Salary 0 - 9 years exp. (14 salaries)	₹1.8 L/yr - ₹5.1 L/yr 2% less
Bajaj Allianz General Insurance Retention Manager Salary 6 - 11 years exp. (3 salaries)	₹3.8 L/yr - ₹5.1 L/yr 38% more
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Tata AIG Retention Manager Salary 8 - 12 years exp. (3 salaries)	₹3.5 L/yr - ₹4.8 L/yr 33% more
Bajaj Allianz Life Insurance Retention Manager Salary 3 - 15 years exp. (3 salaries)	₹3.6 L/yr - ₹12 L/yr 113% more
Care Health Insurance Retention Manager Salary 2 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr 15% less

Retention Manager salary at HDFC Ergo General Insurance ranges between ₹2.3 Lakhs to ₹4.4 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 43 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Retention Manager salaries

Last Updated: 1 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
1 year (6 salaries)	₹2.3 L/yr - ₹5.7 L/yr
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2 years (4 salaries)	₹2.6 L/yr - ₹4 L/yr
3 years (11 salaries)	₹2.8 L/yr - ₹4.2 L/yr
4 years (9 salaries)	₹2.6 L/yr - ₹4.2 L/yr
5 years (4 salaries)	₹2.6 L/yr - ₹3.5 L/yr
6 years (5 salaries)	₹2.9 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.1 L/yr
8 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.3 L/yr

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Similar Designation salaries in HDFC Ergo General Insurance

Relationship Manager Salary

(96 salaries)

₹1.85 L/yr - ₹6 L/yr

Deputy Manager Salary

(839 salaries)

₹3.2 L/yr - ₹10.25 L/yr

Branch Manager Salary

(199 salaries)

₹4.7 L/yr - ₹12.9 L/yr

Area Manager Salary

(40 salaries)

₹6 L/yr - ₹12.5 L/yr

Sales Manager Salary

(287 salaries)

₹2.2 L/yr - ₹7.7 L/yr

Area Sales Manager Salary

(153 salaries)

₹5.58 L/yr - ₹18.64 L/yr

Senior Sales Manager Salary

(20 salaries)

₹2.7 L/yr - ₹9.5 L/yr

Assistant Sales Manager Salary

(24 salaries)

₹2.6 L/yr - ₹5.25 L/yr

Relationship Officer Salary

(4 salaries)

₹2.1 L/yr - ₹3.6 L/yr

Client Relationship Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Top skills at HDFC Ergo General Insurance for Retention Manager

Renewals Salesforce Telesales

Salary related reviews for HDFC Ergo General Insurance

3.6

Rated by 8 employees for salary & benefits

Deputy Manager in Surat

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 26 Nov 2024

3.0

for Salary and Benefits

Likes

Employee can manage his/her work life balance at this organization.

Dislikes

...the cost cutting which effects Employee's conveyance, variable, appraisals etc.. This means Ergo has to improve the adequate pay scale as per Employee's skills and performance.

Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 27 Nov 2022

1.0

for Salary and Benefits

Likes

Claims

Dislikes

...what to do and how.. just business without planning. Lack of vision n mission. Comparatively Very low salary and incentives . Software n system upto 1980s. Focus on employee tracking instead of supporting.

Sales Executive in Noida

Full Time

Other Department

5.0

• posted on 14 Jul 2020

5.0

for Salary and Benefits

Likes

Manager are more cooperative , i am happy with management and also they will give salary on time in this pandemic situation.

Dislikes

Everything is fine but i am not happy with my salary. Salary is too low as compared my work. I am too dedicated to my work .

Sales Officer in Noida

Customer Success, Service & Operations Department

5.0

• posted on 10 Jun 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Sales Executive in Hubli

BFSI, Investments & Trading Department

5.0

• posted on 05 Sep 2020

3.0

for Salary and Benefits

Likes

...e well..every 3months they will arrange trips.hdfc ergo we were like a family..they will provide on time salary and good bonus.. as a part of HDFC ERGO I personally enjoyed a lot

Dislikes

Nil

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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HDFC Ergo General Insurance Retention Manager Salary FAQs

What is the salary of Retention Manager at HDFC Ergo General Insurance?

Retention Manager salary at HDFC Ergo General Insurance in India ranges between ₹2.3 Lakhs to ₹4.4 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 38% less than the average Retention Manager Salary in India. Salary estimates are based on 43 latest salaries received from various employees of HDFC Ergo General Insurance India.

How does the salary of a Retention Manager at HDFC Ergo General Insurance India compare with the average salary range for this job?

The average salary of a Retention Manager at HDFC Ergo General Insurance is 38% less than the average salary of a Retention Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Retention Manager at HDFC Ergo General Insurance?

Renewals, Salesforce and Telesales are some of the popular skills required to work as a Retention Manager at HDFC Ergo General Insurance India.

Which similar companies are paying more than HDFC Ergo General Insurance to a Retention Manager in India?

Bajaj Allianz Life Insurance Retention Manager Salary - ₹3.6 Lakhs to ₹12.0 Lakhs per year
Bajaj Allianz General Insurance Retention Manager Salary - ₹3.8 Lakhs to ₹5.1 Lakhs per year
Tata AIG Retention Manager Salary - ₹3.5 Lakhs to ₹4.8 Lakhs per year

What is the salary of a Retention Manager in companies similar to HDFC Ergo General Insurance in India?

ICICI Lombard General Insurance Company Retention Manager Salary - ₹1.8 Lakhs to ₹5.1 Lakhs per year
Care Health Insurance Retention Manager Salary - ₹2.4 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Retention Manager at HDFC Ergo General Insurance in India?

The estimated take-home salary of a Retention Manager at HDFC Ergo General Insurance ranges between ₹23,863 per month to ₹25,319 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Retention Manager salary in India which ranges between ₹2.3 Lakhs to ₹4.4 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for Retention Manager at HDFC Ergo General Insurance?

According to AmbitionBox, 60% of the HDFC Ergo General Insurance Retention Managers reported a notice period of 3 Months, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 25 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Retention Manager Salaries

HDFC Ergo General Insurance Retention Manager salary in India ranges between ₹2.3 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 43 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.

HDFC Ergo General Insurance Retention Manager salaries in India

Companies similar to HDFC Ergo General Insurance for Retention Manager

Latest annual salaries shared by HDFC Ergo General Insurance Retention Manager

Experience wise HDFC Ergo General Insurance Retention Manager salaries

Similar Designation salaries in HDFC Ergo General Insurance

Top skills at HDFC Ergo General Insurance for Retention Manager

Salary related reviews for HDFC Ergo General Insurance

Deputy Manager in Surat

Branch Manager in Mumbai

Sales Executive in Noida

Sales Officer in Noida

Sales Executive in Hubli

HDFC Ergo General Insurance Retention Manager Salary FAQs

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HDFC Ergo General Insurance Retention Manager Salaries by Location