HDFC Ergo General Insurance Senior Manager Procurement Salaries by 4 Employees (Updated 2024)

11 - 14 years exp.

₹13 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

30% less than the average Senior Manager Procurement Salary in Insurance Companies for 11 - 14 years of experience

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Last Updated: 25 Nov 2024

Companies similar to HDFC Ergo General Insurance for Senior Manager Procurement

Company name	Avg Annual Salary	Open Jobs
PNB MetLife Senior Manager Procurement Salary 13 - 16 years exp. (5 salaries)	₹14.5 L/yr - ₹21.9 L/yr 15% more
Reliance Industries Senior Manager Procurement Salary 8 - 17 years exp. (94 salaries)	₹9.8 L/yr - ₹30 L/yr 13% more
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Tata Steel Senior Manager Procurement Salary 7 - 15 years exp. (48 salaries)	₹13 L/yr - ₹36 L/yr 41% more
Tata Motors Senior Manager Procurement Salary 7 - 16 years exp. (25 salaries)	₹7 L/yr - ₹20.7 L/yr 8% less
Schneider Electric Senior Manager Procurement Salary 6 - 20 years exp. (25 salaries)	₹12 L/yr - ₹32.4 L/yr 40% more	2 job openings

Senior Manager Procurement salary at HDFC Ergo General Insurance ranges between ₹13 Lakhs to ₹20 Lakhs per year for employees with experience between 11 years to 14 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 Manager Procurement salaries

Last Updated: 25 Nov 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
12 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
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13 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
14 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Senior Executive Procurement Salary

(4 salaries)

₹4.1 L/yr - ₹5.2 L/yr

Assistant Manager Procurement Salary

(4 salaries)

₹4.1 L/yr - ₹9 L/yr

Procurement Manager Salary

(4 salaries)

₹3.5 L/yr - ₹14.45 L/yr

Procurement Executive Salary

(3 salaries)

₹3 L/yr - ₹4.3 L/yr

Counsellor Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Assistant Manager Strategic Sourcing Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Manager Vendor Development Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Senior Manager Purchase Salary

(AmbitionBox Estimate)

₹13 L/yr - ₹16.6 L/yr

Deputy Manager Commercial Salary

(AmbitionBox Estimate)

₹5.5 L/yr - ₹7 L/yr

Sourcing Manager Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for HDFC Ergo General Insurance

3.0

Rated by 1 employees for salary & benefits

Senior Executive in Mumbai

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.

Dislikes

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

Executive in Mumbai

Full Time

Human Resources Department

3.0

• posted on 09 Aug 2024

2.0

for Salary and Benefits

Likes

Office timing, work life balance

Dislikes

...t this is at its worst. Promotions/ increments are given only to the reference. No salary or personal growth.

Development Manager in New Delhi

Full Time

Data Science & Analytics Department

5.0

• posted on 23 Feb 2024

5.0

for Salary and Benefits

Likes

Engaging and challenging work can be stimulating and rewarding. Employees at HDFC ERGO may appreciate the opportunity to work on diverse projects and solve complex problems in the insurance industry. Employee Benefits: Companies often offer competitive benefits packages, including health insurance, retirement plans, and other perks. HDFC ERGO may provide attractive benefits to its employees

Dislikes

Compensation and 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.

Assistant Manager in Tinsukia

Full Time

Other Department

4.0

• posted on 15 Jul 2023

3.0

for Salary and Benefits

Likes

Dislikes

Salary structure need to be check ( destination wise salary is not upto the market level ) & also the annual bonus is to low special for the sale team. At least should get more incentive than operation.

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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 Senior Manager Procurement Salary FAQs

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

Senior Manager Procurement salary at HDFC Ergo General Insurance in India ranges between ₹13.0 Lakhs to ₹20.0 Lakhs for experience between 11 years to 14 years. According to our estimates it is 30% less than the average Senior Manager Procurement Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Ergo General Insurance India.

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

The average salary of a Senior Manager Procurement at HDFC Ergo General Insurance is 30% less than the average salary of a Senior Manager Procurement in India. To know exact salary insights, login to view.

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

Tata Steel Senior Manager Procurement Salary - ₹13.0 Lakhs to ₹36.0 Lakhs per year
Schneider Electric Senior Manager Procurement Salary - ₹12.0 Lakhs to ₹32.4 Lakhs per year
PNB MetLife Senior Manager Procurement Salary - ₹14.5 Lakhs to ₹21.9 Lakhs per year
Reliance Industries Senior Manager Procurement Salary - ₹9.8 Lakhs to ₹30.0 Lakhs per year

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

Tata Motors Senior Manager Procurement Salary - ₹7.0 Lakhs to ₹20.7 Lakhs per year

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

The estimated take-home salary of a Senior Manager Procurement at HDFC Ergo General Insurance ranges between ₹1,07,924 per month to ₹1,10,901 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Senior Manager Procurement salary in India which ranges between ₹13.0 Lakhs to ₹20.0 Lakhs per year for employees with experience between 11 years to 14 years. Check how did we calculate take home salary?

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HDFC Ergo General Insurance Senior Manager Procurement Salaries

HDFC Ergo General Insurance Senior Manager Procurement salary in India ranges between ₹13 Lakhs to ₹20 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.

HDFC Ergo General Insurance Senior Manager Procurement salaries in India

Companies similar to HDFC Ergo General Insurance for Senior Manager Procurement

Latest annual salaries shared by HDFC Ergo General Insurance Senior Manager Procurement

Experience wise HDFC Ergo General Insurance Senior Manager Procurement salaries

Similar Designation salaries in HDFC Ergo General Insurance

Salary related reviews for HDFC Ergo General Insurance

Senior Executive in Mumbai

Executive in Mumbai

Development Manager in New Delhi

Agency Manager in Bhopal

Assistant Manager in Tinsukia

HDFC Ergo General Insurance Senior Manager Procurement Salary FAQs

Tell us how to improve this page.