HDFC Ergo General Insurance Senior Insurance Executive Salaries by 4 Employees

3 - 10 years exp.

₹2.1 Lakhs - ₹5.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

12% more than the average Senior Insurance Executive Salary in Insurance Companies for 3 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Insurance Executive Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.3 L/yr
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Customer Success, Service & Operations Senior Insurance Executive Salary 3 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹4.8 L/yr

Last Updated: 11 Aug 2023

Companies similar to HDFC Ergo General Insurance for Senior Insurance Executive

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Senior Insurance Executive Salary 0 - 8 years exp. (3 salaries)	₹3 L/yr - ₹5.5 L/yr 1% less
HDFC Life Senior Insurance Executive Salary 4 - 9 years exp. (3 salaries)	₹2.5 L/yr - ₹3.7 L/yr 23% less
Login to view exact salary
Star Health & Allied Insurance Senior Insurance Executive Salary 6 - 9 years exp. (3 salaries)	₹3.1 L/yr - ₹5 L/yr 7% less
Capita Senior Insurance Executive Salary 3 - 9 years exp. (117 salaries)	₹1.9 L/yr - ₹5.1 L/yr 17% less
TCS Senior Insurance Executive Salary 3 - 9 years exp. (61 salaries)	₹2.3 L/yr - ₹6 L/yr 13% more

Senior Insurance Executive salary at HDFC Ergo General Insurance ranges between ₹2.1 Lakhs to ₹5.3 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Senior Insurance Executive salaries

Last Updated: 11 Aug 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr

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Salary related reviews for HDFC Ergo General Insurance

2.7

Rated by 2 employees for salary & benefits

Operations Manager in Noida

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 10 Dec 2024

3.0

for Salary and Benefits

Likes

Salaries are on time

Dislikes

They need low package employees No scope of growth They don't know how to utilise the employees skills and what ever the skills you have learnt in past every thing will vanished due to non utilisation. If you have good reference you will get good post and salaries The new CEO is very poor in cost optimization Very soon this hdfc ergo will be in loss. There compititior will grow by taking some advantages. There policies are not employee and customer friendly

Skill development - Bad

+4 more

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

Customer Support Executive in Chennai

Full Time

CEM Department

4.0

• posted on 29 Oct 2018

3.0

for Salary and Benefits

Likes

1.Work environment was friendly & approach towards hierarchial level was easier. 2.Work-life balance was smooth. 3.Learning opportunity was awesome.

Promotions - Good

+1 more

Dislikes

1.Compensation is up to the experience & growth 2.Lot of politics 3.Managers take advantage with the strengths like if a person is work-aholic they ask to work more than working hours n burden with loads of work but doesn't appreciate or recognize the efforts 4.Focus on OJT is poor & the seniors had to guide the fresher's about the look & corner of the work process, due to politics the seniors effort go unnoticed.

Back Office Executive in Noida

Customer Success, Service & Operations Department

5.0

• posted on 17 Apr 2019

1.0

for Salary and Benefits

Likes

... empty is unhappy there is no time limit to work and very pressed our employee.. Company will paida salary in 8 hrs. But we are working in 9 to 10 hrs.

Skill development - Excellent

Dislikes

Same here

Salary - Bad

+5 more

Back Office Executive in Mumbai

BFSI, Investments & Trading Department

5.0

• posted on 09 Dec 2019

5.0

for Salary and Benefits

Likes

...h HDFC ERGO GIC LTD. All things is very excellent in HDFC Ergo GIC LTD. LIke.. Work culture, career growth, salary, incentive, new learning, training ect. This is no political environment. It's very helpful staff. We are done work hard with all happiness enjoyable movements. We are celebrating all festival in HDFC ERGO GIC LTD. It's really lovely journey in my life. Thanks to gave me chance for worked with HDFC ERGO GIC LTD.

Salary - Excellent

+6 more

Dislikes

Not any things

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Senior Insurance Executive Salary FAQs

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

The average salary of a Senior Insurance Executive at HDFC Ergo General Insurance in India typically ranges from ₹2.1 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Senior Insurance Executive at HDFC Ergo General Insurance earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. Senior Insurance 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 4 HDFC Ergo General Insurance employees in India.

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

The estimated take-home salary of a Senior Insurance Executive at HDFC Ergo General Insurance in India typically ranges from ₹31,840 to ₹33,127 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 3 years 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 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 Senior Insurance Executive in India?

TCS	₹2.3 Lakhs to ₹6.0 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 Insurance Executive in companies similar to HDFC Ergo General Insurance in India?

The salary of a Senior Insurance 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:

SBI Life Insurance Company	₹3.0 Lakhs to ₹5.5 Lakhs per year
Star Health & Allied Insurance	₹3.1 Lakhs to ₹5.0 Lakhs per year
Capita	₹1.9 Lakhs to ₹5.1 Lakhs per year
HDFC Life	₹2.5 Lakhs to ₹3.7 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 Insurance Executive at HDFC Ergo General Insurance in India?

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

Experience	Average Salary Range
3 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
9 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
10 years	₹4.8 Lakhs to ₹6.1 Lakhs per year

and so on.

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HDFC Ergo General Insurance Senior Insurance Executive Salaries

HDFC Ergo General Insurance Senior Insurance Executive salary in India ranges between ₹2.1 Lakhs to ₹5.3 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.