HDFC Ergo General Insurance Seles Executive Salaries by 7 Employees

2 - 6 years exp.

₹2.4 Lakhs - ₹5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% less than the average Seles Executive Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

Sales & Business Development Seles Executive Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.5 L/yr
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BFSI, Investments & Trading Seles Executive Salary 4 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.2 L/yr

Last Updated: 14 Nov 2023

Companies similar to HDFC Ergo General Insurance for Seles Executive

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Seles Executive Salary 2 - 8 years exp. (6 salaries)	₹2 L/yr - ₹3.3 L/yr 15% less
Tata AIA Life Insurance Seles Executive Salary 1 - 11 years exp. (5 salaries)	₹4 L/yr - ₹4.8 L/yr 43% more
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ICICI Lombard General Insurance Company Seles Executive Salary 1 - 3 years exp. (5 salaries)	₹1.3 L/yr - ₹2.8 L/yr 50% less
SBI Life Insurance Company Seles Executive Salary 2 - 3 years exp. (5 salaries)	₹1.5 L/yr - ₹5.5 L/yr 13% more
ICICI Prudential Life Insurance Seles Executive Salary 2 - 4 years exp. (4 salaries)	₹1.7 L/yr - ₹2.5 L/yr 29% less
Axis Max Life Insurance Seles Executive Salary 1 - 6 years exp. (4 salaries)	₹1.2 L/yr - ₹5.3 L/yr 19% less
Shriram Life Insurance Seles Executive Salary 0 - 7 years exp. (4 salaries)	₹2.7 L/yr - ₹4.5 L/yr 10% more
Star Health & Allied Insurance Seles Executive Salary 0 - 6 years exp. (4 salaries)	₹1 L/yr - ₹1.3 L/yr 65% less
Aditya Birla Sun Life Insurance Seles Executive Salary 1 - 5 years exp. (3 salaries)	₹3 L/yr - ₹8.8 L/yr 64% more

Seles Executive salary at HDFC Ergo General Insurance ranges between ₹2.4 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Seles Executive salaries

Last Updated: 14 Nov 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr

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Salary related reviews for HDFC Ergo General Insurance

3.9

Rated by 5 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

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HDFC Ergo General Insurance Seles Executive Salary FAQs

What is the salary of Seles Executive at HDFC Ergo General Insurance ?

The average salary of a Seles Executive at HDFC Ergo General Insurance in India typically ranges from ₹2.4 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Seles Executive at HDFC Ergo General Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Seles Executive 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 7 HDFC Ergo General Insurance employees in India.

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

The estimated take-home salary of a Seles Executive at HDFC Ergo General Insurance in India typically ranges from ₹22,312 to ₹23,790 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 2 years to 6 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 7 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 Seles Executive in India?

Aditya Birla Sun Life Insurance	₹3.0 Lakhs to ₹8.8 Lakhs per year
Tata AIA Life Insurance	₹4.0 Lakhs to ₹4.8 Lakhs per year
SBI Life Insurance Company	₹1.5 Lakhs to ₹5.5 Lakhs per year
Shriram Life Insurance	₹2.7 Lakhs to ₹4.5 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 Seles Executive in companies similar to HDFC Ergo General Insurance in India?

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

Bajaj Allianz Life Insurance	₹2.0 Lakhs to ₹3.3 Lakhs per year
Axis Max Life Insurance	₹1.2 Lakhs to ₹5.3 Lakhs per year
ICICI Prudential Life Insurance	₹1.7 Lakhs to ₹2.5 Lakhs per year
ICICI Lombard General Insurance Company	₹1.3 Lakhs to ₹2.8 Lakhs per year
Star Health & Allied Insurance	₹1.0 Lakhs to ₹1.3 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 Seles Executive at HDFC Ergo General Insurance in India?

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

Experience	Average Salary Range
2 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
5 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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HDFC Ergo General Insurance Seles Executive Salaries

HDFC Ergo General Insurance Seles Executive salary in India ranges between ₹2.4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.