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HDFC Ergo General Insurance Senior Manager salaries in India (Updated 2025)

Annual salary range
5 - 19 years exp.
₹7 Lakhs - ₹24 Lakhs
Salary of majority employees
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31% less than the average Senior Manager Salary in Insurance Companies for 5 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Manager Salary
5 - 19 years exp. (87 salaries)
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₹7.5 L/yr - ₹22.6 L/yr

Sales & Business Development
Senior Manager Salary
5 - 19 years exp. (47 salaries)
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₹8.6 L/yr - ₹20 L/yr

Customer Success, Service & Operations
Senior Manager Salary
8 - 18 years exp. (32 salaries)
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₹8 L/yr - ₹21.7 L/yr

Finance & Accounting
Senior Manager Salary
7 - 15 years exp. (14 salaries)
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₹10.1 L/yr - ₹24 L/yr

Marketing & Communication
Senior Manager Salary
6 - 15 years exp. (14 salaries)
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₹7.8 L/yr - ₹18 L/yr

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Last Updated: 23 Mar 2025

Companies similar to HDFC Ergo General Insurance for Senior Manager

Company name Avg Annual Salary Open Jobs
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₹4.9 L/yr - ₹14 L/yr

arrow icon 35% less
1 job opening
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₹3.3 L/yr - ₹10.5 L/yr

arrow icon 54% less
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HDFC Life Senior Manager Salary

2 - 20 years exp. (588 salaries)

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₹9 L/yr - ₹25 L/yr

arrow icon 7% less
3 job openings
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₹11 L/yr - ₹26.9 L/yr

arrow icon 18% more
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Axis Max Life Insurance Senior Manager Salary

3 - 17 years exp. (320 salaries)

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₹8.8 L/yr - ₹30.4 L/yr

arrow icon 23% more
3 job openings
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Tata AIA Life Insurance Senior Manager Salary

8 - 19 years exp. (229 salaries)

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₹10.8 L/yr - ₹42 L/yr

arrow icon 65% more
4 job openings
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₹6.6 L/yr - ₹13.8 L/yr

arrow icon 44% less
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₹9.2 L/yr - ₹24 L/yr

arrow icon 9% less
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₹4 L/yr - ₹17 L/yr

arrow icon 36% less
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₹4 L/yr - ₹14 L/yr

arrow icon 45% less
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Senior Manager salary at HDFC Ergo General Insurance ranges between ₹7 Lakhs to ₹24 Lakhs per year for employees with experience between 5 years to 19 years. Salary estimates are based on 319 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Senior Manager

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14 years exp.
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17 years exp.
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10 years exp.
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8 years exp.
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7 years exp.
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18 years exp.
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Experience wise HDFC Ergo General Insurance Senior Manager salaries

Last Updated: 23 Mar 2025

Experience Avg Annual Salary
5 years  (7 salaries)

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₹12.7 L/yr - ₹20 L/yr
6 years  (11 salaries)

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₹10.5 L/yr - ₹21.2 L/yr
7 years  (16 salaries)

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₹8 L/yr - ₹21.5 L/yr
8 years  (28 salaries)

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₹7.5 L/yr - ₹18 L/yr
9 years  (21 salaries)

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₹9.4 L/yr - ₹22.6 L/yr
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HDFC Ergo General Insurance Senior Manager Salary and Career Growth

From

To

Senior Manager

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5 - 19 years exp.

Deputy Vice President

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14 - 22 years exp.

Senior Manager 5 - 19 years exp.
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Assistant Vice President 10 - 20 years exp.
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arrow icon 43% hike
    Deputy Vice President 14 - 22 years exp.
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    arrow icon 37% hike
    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

    Store Manager Salary
    (AmbitionBox Estimate)
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    ₹27 L/yr - ₹34.5 L/yr
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    ₹8 L/yr - ₹23.87 L/yr
    Deputy Manager Salary
    (956 salaries)
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    ₹3.5 L/yr - ₹10.25 L/yr
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    ₹4 L/yr - ₹10 L/yr
    Sales Manager Salary
    (285 salaries)
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    ₹2.4 L/yr - ₹7.7 L/yr
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    ₹3.6 L/yr - ₹9.5 L/yr
    Branch Manager Salary
    (195 salaries)
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    ₹4.7 L/yr - ₹14.5 L/yr
    Area Manager Salary
    (40 salaries)
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    ₹6 L/yr - ₹12.5 L/yr
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    ₹5.95 L/yr - ₹15.5 L/yr
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    ₹3.9 L/yr - ₹15 L/yr

    Top skills at HDFC Ergo General Insurance for Senior Manager

    WCF Cross Selling Javascript General Insurance C#

    Salary related reviews for HDFC Ergo General Insurance

    3.7

    Rated by 54 employees for salary & benefits

    Sales & Business Development Department

    3.0
      •  posted on 06 Aug 2021

    2.0
     for  Salary and Benefits

    Likes

    HR Activities, Health Check Up Camps. Flexible Approach, No Salary Deduction In Covid Times Full WFH

    read more

    Dislikes

    Too Much Internal Politics From Senior Management No Recognition For Hard Work And Target Achievement Saturdays Used To Be Weekly Off But Upper Management Would Stress Working On Saturdays No Proper On Job Training Appraisals And Increment Are Not At Par Industry Standard

    read more
    • Salary - Poor
    • +3 more

    Strategic Alliance Department

    3.0
      •  posted on 18 Jul 2020

    1.0
     for  Salary and Benefits

    Likes

    ...ing enviroment and culture. Non supportive team mates.Company policies is worst. Not providing appraisals even not giving hike on salary, no bonus

    read more

    Dislikes

    No Company culture, no benefit and compensation, Job Securities, career Growth an opportunities in this zero, No work satisfation, support of Reporting manager and above is zero.

    read more
    • Salary - Bad
    • +4 more

    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.

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    • Skill development - Poor
    • +1 more

    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.

    read more
    • Salary - Bad
    • +6 more

    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.

    read more
    • 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 .

    read more
    see more salary related reviews

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    HDFC Ergo General Insurance Senior Manager Salary FAQs

    What is the salary of Senior Manager at HDFC Ergo General Insurance ?
    The average salary of a Senior Manager at HDFC Ergo General Insurance in India typically ranges from ₹7.0 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 5 years to 19 years).

    The top 10% of Senior Manager at HDFC Ergo General Insurance earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹22.7 Lakhs per year. Senior Manager 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 300+ HDFC Ergo General Insurance employees in India.
    What is the estimated take home salary of a Senior Manager at HDFC Ergo General Insurance in India?
    The estimated take-home salary of a Senior Manager at HDFC Ergo General Insurance in India typically ranges from ₹1,03,531 to ₹1,06,367 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 5 years to 19 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 300+ 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 Manager at HDFC Ergo General Insurance ?
    To be a Senior Manager at HDFC Ergo General Insurance in india, the key skills required include:

    • - WCF
    • - Cross Selling
    • - Javascript
    • - General Insurance
    • - C#

    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 Manager in India?
    AIG ₹18.5 Lakhs to ₹35.1 Lakhs per year
    Empower ₹18.0 Lakhs to ₹38.0 Lakhs per year
    Swiss Re ₹10.3 Lakhs to ₹45.0 Lakhs per year
    Tata AIA Life Insurance ₹10.8 Lakhs to ₹42.0 Lakhs per year
    XL Catlin ₹24.0 Lakhs to ₹26.0 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 Manager in companies similar to HDFC Ergo General Insurance in India?
    The salary of a Senior Manager 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:

    Maruti Suzuki Insurance Broking ₹18.0 Lakhs to ₹33.0 Lakhs per year
    AXA ₹20.0 Lakhs to ₹26.5 Lakhs per year
    Axis Max Life Insurance ₹8.8 Lakhs to ₹30.4 Lakhs per year
    ICICI Prudential Life Insurance ₹11.0 Lakhs to ₹26.9 Lakhs per year
    Gallagher ₹8.6 Lakhs to ₹27.0 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 Manager at HDFC Ergo General Insurance in India?
    The salary growth for a Senior Manager at HDFC Ergo General Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Manager can expect the following growth trajectory at HDFC Ergo General Insurance:

    Experience Average Salary Range
    5 years ₹12.7 Lakhs to ₹20.0 Lakhs per year
    6 years ₹10.5 Lakhs to ₹21.2 Lakhs per year
    7 years ₹8.0 Lakhs to ₹21.5 Lakhs per year
    8 years ₹7.5 Lakhs to ₹18.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    HDFC Ergo General Insurance Senior Manager salary in India ranges between ₹7 Lakhs to ₹24 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 319 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.