HDFC Ergo General Insurance Sales Manager Bancassurance Salaries by 10+ Employees (Updated 2024)

2 - 12 years exp.

₹3.1 Lakhs - ₹5.3 Lakhs

Salary of majority employees

10% less than the average Sales Manager Bancassurance Salary in Insurance Companies for 2 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Manager Bancassurance Salary 3 - 8 years exp. (8 salaries)	₹3.1 L/yr - ₹5.3 L/yr
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Sales & Business Development Sales Manager Bancassurance Salary 4 - 12 years exp. (5 salaries)	₹3.5 L/yr - ₹4.1 L/yr

Last Updated: 18 Jul 2024

Companies similar to HDFC Ergo General Insurance for Sales Manager Bancassurance

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Sales Manager Bancassurance Salary 1 - 13 years exp. (14 salaries)	₹3 L/yr - ₹10.6 L/yr 54% more
Bajaj Allianz General Insurance Sales Manager Bancassurance Salary 0 - 13 years exp. (26 salaries)	₹1.7 L/yr - ₹6 L/yr 5% more	27 job openings
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Reliance General Insurance Sales Manager Bancassurance Salary 3 - 11 years exp. (12 salaries)	₹2.8 L/yr - ₹7.8 L/yr 24% more
Tata AIG Sales Manager Bancassurance Salary 6 - 16 years exp. (11 salaries)	₹5.5 L/yr - ₹11 L/yr 105% more
Future Generali India Life Insurance Sales Manager Bancassurance Salary 1 - 4 years exp. (3 salaries)	₹1.5 L/yr - ₹2.9 L/yr 31% less
HDFC Life Sales Manager Bancassurance Salary 0 - 9 years exp. (20 salaries)	₹1.8 L/yr - ₹7 L/yr 22% less
ICICI Prudential Life Insurance Sales Manager Bancassurance Salary 1 - 10 years exp. (16 salaries)	₹5 L/yr - ₹10 L/yr 69% more
Bajaj Allianz Life Insurance Sales Manager Bancassurance Salary 3 - 7 years exp. (11 salaries)	₹2.3 L/yr - ₹4.2 L/yr 8% less
Kotak Mahindara Life Insurance Sales Manager Bancassurance Salary 2 - 15 years exp. (9 salaries)	₹3.5 L/yr - ₹5.5 L/yr 12% more
Max Life Insurance Sales Manager Bancassurance Salary 2 - 7 years exp. (6 salaries)	₹3.2 L/yr - ₹4.7 L/yr 13% less	2 job openings
PNB MetLife Sales Manager Bancassurance Salary 0 - 4 years exp. (6 salaries)	₹1.8 L/yr - ₹3.2 L/yr 42% less
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Tata AIA Life Insurance Sales Manager Bancassurance Salary 3 - 5 years exp. (5 salaries)	₹2.3 L/yr - ₹4 L/yr 14% less	1 job opening
Reliance Nippon Life Insurance Sales Manager Bancassurance Salary 2 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹3.9 L/yr 23% less
Aditya Birla Sun Life Insurance Sales Manager Bancassurance Salary 0 - 8 years exp. (4 salaries)	₹2.2 L/yr - ₹3.6 L/yr 28% less
Care Health Insurance Sales Manager Bancassurance Salary 0 - 4 years exp. (4 salaries)	₹2.8 L/yr - ₹3 L/yr 28% less

Sales Manager Bancassurance salary at HDFC Ergo General Insurance ranges between ₹3.1 Lakhs to ₹5.3 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 18 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Sales Manager Bancassurance salaries

Last Updated: 18 Jul 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹7 L/yr
3 years (3 salaries)	₹3.1 L/yr - ₹7.1 L/yr
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4 years (3 salaries)	₹3.5 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.1 L/yr
6 years (3 salaries)	₹3.5 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹7.2 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.2 L/yr
9 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.2 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.3 L/yr
11 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
12 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.3 L/yr

View all

Similar Designation salaries in HDFC Ergo General Insurance

Agency Development Manager Salary

(232 salaries)

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Branch Manager Salary

(207 salaries)

₹4.7 L/yr - ₹13.67 L/yr

Agency Manager Salary

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₹2.4 L/yr - ₹5.5 L/yr

Assistant Agency Manager Salary

(162 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Deputy Vice President Salary

(142 salaries)

₹18 L/yr - ₹48 L/yr

Channel Sales Officer Salary

(108 salaries)

₹2.2 L/yr - ₹3.75 L/yr

Relationship Manager Salary

(95 salaries)

₹1.85 L/yr - ₹6 L/yr

Senior Agency Manager Salary

(54 salaries)

₹3.1 L/yr - ₹5.5 L/yr

Cluster Head Salary

(43 salaries)

₹7 L/yr - ₹14 L/yr

Claims Manager Salary

(37 salaries)

₹5.5 L/yr - ₹12.5 L/yr

Top skills at HDFC Ergo General Insurance for Sales Manager Bancassurance

Relationship Management B2B Sales Bancassurance Insurance Sales Corporate Sales Direct Sales Sales banca

Salary related reviews for HDFC Ergo General Insurance

4.2

Rated by 8 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.

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.

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.

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

Virtual Relationship Manager in Noida

Agency Channel Department

3.0

• posted on 09 Sep 2021

2.0

for Salary and Benefits

Likes

It's just brand name in market. You will get salaries on time

Dislikes

no work life balance ,they can cancel ur holidays at any time, all last Sunday working in every month end for no use. Pathetic leadership, Poor HR policies.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Ergo General Insurance Sales Manager Bancassurance Salary FAQs

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

Sales Manager Bancassurance salary at HDFC Ergo General Insurance in India ranges between ₹3.1 Lakhs to ₹5.3 Lakhs for experience between 2 years to 12 years. According to our estimates it is 10% less than the average Sales Manager Bancassurance Salary in India. Salary estimates are based on 18 latest salaries received from various employees of HDFC Ergo General Insurance India.

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

The average salary of a Sales Manager Bancassurance at HDFC Ergo General Insurance is 10% less than the average salary of a Sales Manager Bancassurance in India. To know exact salary insights, login to view.

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

Relationship Management, B2B Sales, Bancassurance, Insurance Sales and Corporate Sales are some of the popular skills required to work as a Sales Manager Bancassurance at HDFC Ergo General Insurance India.

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

Tata AIG Sales Manager Bancassurance Salary - ₹5.5 Lakhs to ₹11.0 Lakhs per year
ICICI Prudential Life Insurance Sales Manager Bancassurance Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year
ICICI Lombard General Insurance Company Sales Manager Bancassurance Salary - ₹3.0 Lakhs to ₹10.6 Lakhs per year
Reliance General Insurance Sales Manager Bancassurance Salary - ₹2.8 Lakhs to ₹7.8 Lakhs per year
Kotak Mahindara Life Insurance Sales Manager Bancassurance Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year

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

Bajaj Allianz General Insurance Sales Manager Bancassurance Salary - ₹1.7 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz Life Insurance Sales Manager Bancassurance Salary - ₹2.3 Lakhs to ₹4.2 Lakhs per year
Max Life Insurance Sales Manager Bancassurance Salary - ₹3.2 Lakhs to ₹4.7 Lakhs per year
Tata AIA Life Insurance Sales Manager Bancassurance Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year
HDFC Life Sales Manager Bancassurance Salary - ₹1.8 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Sales Manager Bancassurance at HDFC Ergo General Insurance ranges between ₹29,568 per month to ₹30,889 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Sales Manager Bancassurance salary in India which ranges between ₹3.1 Lakhs to ₹5.3 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the HDFC Ergo General Insurance Sales Manager Bancassurances reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Sales Manager Bancassurance Salaries

HDFC Ergo General Insurance Sales Manager Bancassurance salary in India ranges between ₹3.1 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.

HDFC Ergo General Insurance Sales Manager Bancassurance salaries in India

Companies similar to HDFC Ergo General Insurance for Sales Manager Bancassurance

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

Experience wise HDFC Ergo General Insurance Sales Manager Bancassurance salaries

Similar Designation salaries in HDFC Ergo General Insurance

Top skills at HDFC Ergo General Insurance for Sales Manager Bancassurance

Salary related reviews for HDFC Ergo General Insurance

Agency Manager in Bhopal

Branch Manager in Mumbai

Insurance Sales Officer in Trichy

Cluster Head in Agra

Virtual Relationship Manager in Noida

HDFC Ergo General Insurance Sales Manager Bancassurance Salary FAQs

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HDFC Ergo General Insurance Sales Manager Bancassurance Salaries by Location