HDFC Ergo General Insurance Mumbai Sales Associate Salaries by 4 Employees

0 - 4 years exp.

₹3 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

19% more than the average Sales Associate Salary in Insurance Companies for 0 - 4 years of experience

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Last Updated: 19 Oct 2024

Companies similar to HDFC Ergo General Insurance for Sales Associate in Mumbai

HDFC Ergo General Insurance Sales Associate Salary

0 - 4 years exp. (4 salaries)

₹3 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Sales Associate Salary 4 - 12 years exp. (5 salaries)	₹1.8 L/yr - ₹2.1 L/yr 48% less
ICICI Lombard General Insurance Company Sales Associate Salary 2 - 4 years exp. (3 salaries)	₹1.5 L/yr - ₹3.9 L/yr 33% less
Login to view exact salary
Amazon Sales Associate Salary 2 - 9 years exp. (45 salaries)	₹5.7 L/yr - ₹9.5 L/yr 104% more	11 job openings
Lenskart Sales Associate Salary 0 - 6 years exp. (39 salaries)	₹2 L/yr - ₹4 L/yr 27% less	10 job openings
Reliance Retail Sales Associate Salary 1 - 6 years exp. (31 salaries)	₹1 L/yr - ₹4 L/yr 39% less	3 job openings

Sales Associate salary at HDFC Ergo General Insurance ranges between ₹3 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Sales Associate salaries in Mumbai

Last Updated: 19 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Sales Executive Salary

(55 salaries)

₹1.45 L/yr - ₹4.35 L/yr

Sales Manager Salary

(26 salaries)

₹3 L/yr - ₹6.5 L/yr

Team Lead Salary

(19 salaries)

₹2.9 L/yr - ₹5 L/yr

Area Sales Manager Salary

(14 salaries)

₹7 L/yr - ₹16.36 L/yr

Sales Officer Salary

(4 salaries)

₹2.9 L/yr - ₹3.9 L/yr

Salesman Salary

(3 salaries)

₹2.1 L/yr - ₹3.9 L/yr

Salary related reviews for HDFC Ergo General Insurance

Rated by 1 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.

Job security - Excellent

+2 more

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.

Skill development - Poor

+1 more

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.

Salary - Excellent

+6 more

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

Salary - Excellent

+6 more

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.

Territory Sales Manager in Bhubaneswar

BFSI, Investments & Trading Department

4.0

• posted on 16 Oct 2020

4.0

for Salary and Benefits

Likes

... company to work with. All employees are supportive from FLS level to top level. Salary, incentive and promotion structure is good which plays a supportive role to encourage the employees.

Salary - Good

+6 more

Dislikes

Employees favouritism is there so no one should expect appraisal on the basis of performance.

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

Skill development - Excellent

+4 more

Dislikes

Nil

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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HDFC Ergo General Insurance Sales Associate Salary FAQs

What is the salary of Sales Associate at HDFC Ergo General Insurance in Mumbai?

The average salary of a Sales Associate at HDFC Ergo General Insurance in Mumbai typically ranges from ₹3.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Sales Associate in Mumbai at HDFC Ergo General Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Sales Associate Salaries at HDFC Ergo General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 HDFC Ergo General Insurance employees in India.

What is the estimated take home salary of a Sales Associate at HDFC Ergo General Insurance in Mumbai?

The estimated take-home salary of a Sales Associate at HDFC Ergo General Insurance in Mumbai typically ranges from ₹28,280 to ₹29,669 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of HDFC Ergo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDFC Ergo General Insurance for Sales Associate in India?

Amazon

₹5.7 Lakhs to ₹9.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Ergo General Insurance, depending on the role and experience level.

What is the salary of a Sales Associate in companies similar to HDFC Ergo General Insurance in Mumbai?

The salary of a Sales Associate at companies similar to HDFC Ergo General Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Lenskart	₹2.0 Lakhs to ₹4.0 Lakhs per year
ICICI Lombard General Insurance Company	₹1.5 Lakhs to ₹3.9 Lakhs per year
Reliance Retail	₹1.0 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindara Life Insurance	₹1.8 Lakhs to ₹2.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Sales Associate at HDFC Ergo General Insurance in Mumbai?

The salary growth for a Sales Associate at HDFC Ergo General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Sales Associate in Mumbai can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience	Average Salary Range
Fresher	₹3.6 Lakhs to ₹4.6 Lakhs per year
1 year	₹3.6 Lakhs to ₹4.6 Lakhs per year
2 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
3 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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HDFC Ergo General Insurance Sales Associate Salaries in Mumbai

HDFC Ergo General Insurance Sales Associate salary in Mumbai ranges between ₹3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.