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HDFC Ergo General Insurance Senior Executive salaries in Mumbai (Updated 2025)

Annual salary range
0 - 10 years exp.
₹2.2 Lakhs - ₹5.6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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23% less than the average Senior Executive Salary in Insurance Companies for 0 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Senior Executive Salary
0 - 10 years exp. (34 salaries)
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₹2.3 L/yr - ₹5.6 L/yr

BFSI, Investments & Trading
Senior Executive Salary
1 - 10 years exp. (28 salaries)
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₹2.8 L/yr - ₹5 L/yr

Sales & Business Development
Senior Executive Salary
1 - 8 years exp. (9 salaries)
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₹2.6 L/yr - ₹5.6 L/yr

Finance & Accounting
Senior Executive Salary
4 - 10 years exp. (7 salaries)
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₹2.2 L/yr - ₹4.5 L/yr

Marketing & Communication
Senior Executive Salary
4 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹4.7 L/yr

Last Updated: 14 Mar 2025

Companies similar to HDFC Ergo General Insurance for Senior Executive in Mumbai

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HDFC Ergo General Insurance Senior Executive Salary

0 - 10 years exp. (99 salaries)

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₹2.2 L/yr - ₹5.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Tata AIA Life Insurance Senior Executive Salary

3 - 11 years exp. (82 salaries)

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₹4 L/yr - ₹12 L/yr

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HDFC Life Senior Executive Salary

0 - 10 years exp. (40 salaries)

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₹2.1 L/yr - ₹4.9 L/yr

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₹2.7 L/yr - ₹6.6 L/yr

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₹3.5 L/yr - ₹5.7 L/yr

arrow icon 14% more
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₹2 L/yr - ₹4.1 L/yr

arrow icon 18% less
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₹2 L/yr - ₹4.2 L/yr

arrow icon 24% less
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₹3 L/yr - ₹5.3 L/yr

arrow icon 2% less
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₹2 L/yr - ₹4.5 L/yr

arrow icon 21% less
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₹3.1 L/yr - ₹4.6 L/yr

arrow icon 6% less
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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 15% more
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₹3.6 L/yr - ₹5.4 L/yr

arrow icon 8% less
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₹3 L/yr - ₹3.5 L/yr

arrow icon 23% less
Senior Executive salary at HDFC Ergo General Insurance ranges between ₹2.2 Lakhs to ₹5.6 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 99 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Senior Executive in Mumbai

3w ago
₹5 Lakhs
4 years exp.
1mo ago
₹4.2 Lakhs
4 years exp.
1mo ago
₹4 Lakhs
10 years exp.
1mo ago
₹4.5 Lakhs
9 years exp.
1mo ago
₹5 Lakhs
4 years exp.
1mo ago
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8 years exp.
2mo ago
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3 years exp.
2mo ago
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3 years exp.
3mo ago
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5 years exp.
3mo ago
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1 year exp.

Experience wise HDFC Ergo General Insurance Senior Executive salaries in Mumbai

Last Updated: 14 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
1 year  (12 salaries)

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₹2.6 L/yr - ₹5 L/yr
2 years  (3 salaries)

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₹2.3 L/yr - ₹4.2 L/yr
3 years  (11 salaries)

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₹2.9 L/yr - ₹5.6 L/yr
4 years  (16 salaries)

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₹2.2 L/yr - ₹5 L/yr
View all
HDFC Ergo General Insurance Senior Executive Salary and Career Growth

From

To

Senior Executive

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0 - 10 years exp.

Area Sales Manager

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7 - 17 years exp.

Senior Executive

0 - 10 years exp.
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Assistant Manager

1 - 13 years exp.
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arrow icon 18% hike

Deputy Manager

0 - 13 years exp.
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arrow icon 20% hike

From

To

Senior Executive

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0 - 10 years exp.

Deputy Vice President

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14 - 22 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary
(260 salaries)
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₹3 L/yr - ₹10.25 L/yr
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₹3 L/yr - ₹5 L/yr
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₹2.6 L/yr - ₹3.4 L/yr

Top skills at HDFC Ergo General Insurance for Senior Executive

Bancassurance Sales Insurance Sales Field Sales Salesforce

Salary related reviews for HDFC Ergo General Insurance

3.8

Rated by 20 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 15 Oct 2024

3.0
 for  Salary and Benefits

Likes

The work culture is really good at HDFC ERGO. They take care of their employees and understand the critical situations. There is no pressure on employees and hence they can easily enjoy their personal lives along with the work.

read more
  • Job security - Good
  • +2 more

Dislikes

The perks and salary could be better. Also they need to upgrade some tech stack.

read more

Full Time

 · 

Quality Assurance Department

3.0
  •  posted on 08 Aug 2022

3.0
 for  Salary and Benefits

Likes

Work environment is good

  • Job security - Excellent
  • +1 more

Dislikes

Very less appraisal and promotion, they will hire new employee with better salary and position but won't promot their old employees who definitely have better knowledge in their role.

read more
  • Promotions - Bad

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.

read more
  • Skill development - Poor
  • +1 more

Full Time

 · 

Human Resources Department

1.0
  •  posted on 01 Apr 2025

1.0
 for  Salary and Benefits

Likes

Company colleague

Dislikes

There is no job security, the salary is low, and employees are hired and fired without any reason and there is high work pressure. They hand out fancy Deputy Manager/ senior manager titles but force employees to do field sales like any other worker.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 10 Mar 2025

2.0
 for  Salary and Benefits

Likes

Nothing even HOD sitting at Mumbai not eager to pay travelling allowance. Great joke you need to provide upi payment detail for bus fare if you have travelled by private bus.

read more

Dislikes

Seniors don't have humanity, you need to attend concall even though you are in icu.

  • Salary - Poor
  • +6 more
see more salary related reviews

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HDFC Ergo General Insurance Senior Executive Salary FAQs

What is the salary of Senior Executive at HDFC Ergo General Insurance in Mumbai?
The average salary of a Senior Executive at HDFC Ergo General Insurance in Mumbai typically ranges from ₹2.2 Lakhs to ₹5.6 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Senior Executive in Mumbai at HDFC Ergo General Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Senior 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 90+ HDFC Ergo General Insurance employees in India.
What is the estimated take home salary of a Senior Executive at HDFC Ergo General Insurance in Mumbai?
The estimated take-home salary of a Senior Executive at HDFC Ergo General Insurance in Mumbai typically ranges from ₹31,335 to ₹32,629 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from Fresher to 10 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 90+ salaries received from various employees of HDFC Ergo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Senior Executive at HDFC Ergo General Insurance in Mumbai?
To be a Senior Executive at HDFC Ergo General Insurance in Mumbai, the key skills required include:

  • - Bancassurance
  • - Sales
  • - Insurance Sales
  • - Field Sales
  • - Salesforce

These skills are highly valued at HDFC Ergo General Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HDFC Ergo General Insurance for Senior Executive in India?
Tata AIA Life Insurance ₹4.0 Lakhs to ₹12.0 Lakhs per year
Bajaj Allianz Life Insurance ₹3.5 Lakhs to ₹5.5 Lakhs per year
SBI Life Insurance Company ₹3.5 Lakhs to ₹5.7 Lakhs per year
ICICI Lombard General Insurance Company ₹2.7 Lakhs to ₹6.6 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 Senior Executive in companies similar to HDFC Ergo General Insurance in Mumbai?
The salary of a Senior Executive 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:

ICICI Prudential Life Insurance ₹3.0 Lakhs to ₹5.3 Lakhs per year
Star Health & Allied Insurance ₹3.1 Lakhs to ₹4.6 Lakhs per year
Kotak Mahindara Life Insurance ₹3.6 Lakhs to ₹5.4 Lakhs per year
HDFC Life ₹2.1 Lakhs to ₹4.9 Lakhs per year
Aditya Birla Sun Life Insurance ₹2.0 Lakhs to ₹4.1 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 Senior Executive at HDFC Ergo General Insurance in Mumbai?
The salary growth for a Senior Executive at HDFC Ergo General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Executive in Mumbai can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience Average Salary Range
Fresher ₹3.4 Lakhs to ₹4.3 Lakhs per year
1 year ₹2.6 Lakhs to ₹5.0 Lakhs per year
2 years ₹2.3 Lakhs to ₹4.2 Lakhs per year
3 years ₹2.9 Lakhs to ₹5.6 Lakhs per year
and so on.

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HDFC Ergo General Insurance Senior Executive salary in Mumbai ranges between ₹2.2 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 99 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.