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This company page is being actively managed by HDFC Ergo General Insurance Team. If you also belong to the team, you can get access from here

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4.0

based on 3.1k Reviews

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HDFC Ergo General Insurance Sales Development Manager salaries in India

Annual salary range
3 - 4 years exp.
₹2.2 Lakhs - ₹2.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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44% less than the average Sales Development Manager Salary in Insurance Companies for 3 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Sales Development Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.9 L/yr

Customer Success, Service & Operations
Sales Development Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.9 L/yr

Last Updated: 13 Mar 2023

Companies similar to HDFC Ergo General Insurance for Sales Development Manager

Company name Avg Annual Salary Open Jobs
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ICICI Lombard General Insurance Company Sales Development Manager Salary

2 - 14 years exp. (3 salaries)
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₹3.3 L/yr - ₹6 L/yr

arrow icon 73% more
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Reliance General Insurance Sales Development Manager Salary

3 - 7 years exp. (4 salaries)
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₹2.2 L/yr - ₹2.5 L/yr

arrow icon 7% less
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HDFC Life Sales Development Manager Salary

0 - 8 years exp. (933 salaries)
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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 25% more
 7 job openings
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SBI Life Insurance Company Sales Development Manager Salary

0 - 8 years exp. (15 salaries)
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₹2.5 L/yr - ₹4 L/yr

arrow icon 18% more
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Shriram Life Insurance Sales Development Manager Salary

1 - 3 years exp. (7 salaries)
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₹1.8 L/yr - ₹2.4 L/yr

arrow icon 19% less
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Tata AIA Life Insurance Sales Development Manager Salary

2 - 5 years exp. (5 salaries)
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₹2.5 L/yr - ₹4.8 L/yr

arrow icon 41% more
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ICICI Prudential Life Insurance Sales Development Manager Salary

1 - 8 years exp. (4 salaries)
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₹2.5 L/yr - ₹5.2 L/yr

arrow icon 54% more
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Max Life Insurance Sales Development Manager Salary

3 - 5 years exp. (4 salaries)
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₹1.8 L/yr - ₹3 L/yr

arrow icon 3% more
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Bajaj Allianz Life Insurance Sales Development Manager Salary

3 - 9 years exp. (4 salaries)
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₹1.8 L/yr - ₹8.5 L/yr

arrow icon 89% more
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Reliance Nippon Life Insurance Sales Development Manager Salary

0 - 3 years exp. (3 salaries)
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₹2.6 L/yr - ₹3 L/yr

arrow icon 12% more
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Kotak Mahindara Life Insurance Sales Development Manager Salary

0 - 4 years exp. (3 salaries)
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₹3.6 L/yr - ₹6.5 L/yr

arrow icon 77% more
Sales Development Manager salary at HDFC Ergo General Insurance ranges between ₹2.2 Lakhs to ₹2.7 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Sales Development Manager

1y ago
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4 years exp.
1y ago
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3 years exp.

Experience wise HDFC Ergo General Insurance Sales Development Manager salaries

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
3 years  (3 salaries)

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₹2.2 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Agency Manager Salary
(202 salaries)
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₹2.4 L/yr - ₹5.85 L/yr
Branch Manager Salary
(199 salaries)
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₹4.7 L/yr - ₹12.9 L/yr
Assistant Agency Manager Salary
(143 salaries)
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₹2.3 L/yr - ₹4.35 L/yr
Deputy Vice President Salary
(140 salaries)
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₹18 L/yr - ₹44.92 L/yr
Relationship Manager Salary
(96 salaries)
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₹1.85 L/yr - ₹6 L/yr
Channel Sales Officer Salary
(90 salaries)
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₹2.2 L/yr - ₹3.6 L/yr
Agency Development Manager Salary
(56 salaries)
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₹2.2 L/yr - ₹4.5 L/yr
Senior Agency Manager Salary
(53 salaries)
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₹3.6 L/yr - ₹6 L/yr
Cluster Head Salary
(43 salaries)
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₹7 L/yr - ₹14 L/yr
Claims Manager Salary
(37 salaries)
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₹3.5 L/yr - ₹12.5 L/yr

Salary related reviews for HDFC Ergo General Insurance

2.6

Rated by 2 employees for salary & benefits

Agency Manager in Bhopal

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 17 Oct 2023
3.0
 for  Salary and Benefits

Likes

The company thinks very highly of its customers

Dislikes

company is providing new employees with higher compensation packages than existing employees, without offering any increment to the latter. This can create dissatisfaction among the older employees.

read more

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.

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Associate Agency Development Manager in Nagpur

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 13 Oct 2020
3.0
 for  Salary and Benefits

Likes

Nothing good only Hard work and low salary and not showing terms and condition to employee very bad experience don't joint and if you get promotion but salary not increase and no allowance, no bonus. And fraud company please don't joint

read more

Dislikes

Don't joint fraud company very bad experience.

Insurance Sales Officer in Trichy

BFSI, Investments & Trading Department

5.0
  •  posted on 29 Jun 2022
3.0
 for  Salary and Benefits

Likes

Its a branded company and like to work

Dislikes

...a good company but low level (Exicutive) employees salary and bonus is very low.he is a field work but final year bonus is only for variable pay in percentage only is not satisfied for working.higher authorities CTC is high so easily get a anual bonus is high.kindly analysis this structure.

read more

Cluster Head in Agra

BFSI, Investments & Trading Department

5.0
  •  posted on 26 May 2022
5.0
 for  Salary and Benefits

Likes

It's Good place to work. In this company lot of opportunity to increase your career. and support of seniors is too good

Dislikes

Salary growth and career growth is very slow but lot of learing I have got from there do I am happy with HDFC ERGO

read more
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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 Sales Development Manager Salary FAQs

What is the salary of Sales Development Manager at HDFC Ergo General Insurance?
Sales Development Manager salary at HDFC Ergo General Insurance in India ranges between ₹2.2 Lakhs to ₹2.7 Lakhs for experience between 3 years to 4 years. According to our estimates it is 44% less than the average Sales Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance India.
How does the salary of a Sales Development Manager at HDFC Ergo General Insurance India compare with the average salary range for this job?
The average salary of a Sales Development Manager at HDFC Ergo General Insurance is 44% less than the average salary of a Sales Development Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than HDFC Ergo General Insurance to a Sales Development Manager in India?
  • Bajaj Allianz Life Insurance Sales Development Manager Salary - ₹1.8 Lakhs to ₹8.5 Lakhs per year
  • Kotak Mahindara Life Insurance Sales Development Manager Salary - ₹3.6 Lakhs to ₹6.5 Lakhs per year
  • ICICI Lombard General Insurance Company Sales Development Manager Salary - ₹3.3 Lakhs to ₹6.0 Lakhs per year
  • ICICI Prudential Life Insurance Sales Development Manager Salary - ₹2.5 Lakhs to ₹5.2 Lakhs per year
  • Tata AIA Life Insurance Sales Development Manager Salary - ₹2.5 Lakhs to ₹4.8 Lakhs per year
What is the salary of a Sales Development Manager in companies similar to HDFC Ergo General Insurance in India?
  • HDFC Life Sales Development Manager Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
  • SBI Life Insurance Company Sales Development Manager Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
  • Reliance Nippon Life Insurance Sales Development Manager Salary - ₹2.6 Lakhs to ₹3.0 Lakhs per year
  • Max Life Insurance Sales Development Manager Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
  • Reliance General Insurance Sales Development Manager Salary - ₹2.2 Lakhs to ₹2.5 Lakhs per year
What is the estimated take home salary of a Sales Development Manager at HDFC Ergo General Insurance in India?
The estimated take-home salary of a Sales Development Manager at HDFC Ergo General Insurance ranges between ₹17,883 per month to ₹19,578 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Sales Development Manager salary in India which ranges between ₹2.2 Lakhs to ₹2.7 Lakhs per year for employees with experience between 3 years to 4 years. Check how did we calculate take home salary?

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HDFC Ergo General Insurance Sales Development Manager Salaries by Location

HDFC Ergo General Insurance Sales Development Manager salary in India ranges between ₹2.2 Lakhs to ₹2.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.