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

Annual salary range
2 - 11 years exp.
₹11.5 Lakhs - ₹23 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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42% less than the average Senior Product Manager Salary in Insurance Companies for 2 - 11 years of experience

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Salaries in different departments

Product Management
Senior Product Manager Salary
2 - 10 years exp. (4 salaries)
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₹11.5 L/yr - ₹23 L/yr

BFSI, Investments & Trading
Senior Product Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹19.9 L/yr - ₹22.5 L/yr

Data Science & Analytics
Senior Product Manager Salary
10 - 11 years exp. (AmbitionBox Estimate)
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₹18 L/yr - ₹20.9 L/yr

Last Updated: 22 Mar 2025

Companies similar to HDFC Ergo General Insurance for Senior Product Manager

Company name Avg Annual Salary Open Jobs
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₹6 L/yr - ₹31.8 L/yr

arrow icon 7% less
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HDFC Life Senior Product Manager Salary

4 - 10 years exp. (40 salaries)

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₹13 L/yr - ₹33 L/yr

arrow icon 8% more
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₹15 L/yr - ₹32 L/yr

arrow icon 24% more
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₹14.5 L/yr - ₹31 L/yr

arrow icon 4% less
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₹30 L/yr - ₹32.5 L/yr

arrow icon 57% more
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₹23 L/yr - ₹46.5 L/yr

arrow icon 90% more
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₹5 L/yr - ₹22.9 L/yr

arrow icon 24% less
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₹11.9 L/yr - ₹15 L/yr

arrow icon 35% less
Senior Product Manager salary at HDFC Ergo General Insurance ranges between ₹11.5 Lakhs to ₹23 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 8 latest salaries received from various employees of HDFC Ergo General Insurance.

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

2d ago
₹18.2 Lakhs
2 years exp.
2mo ago
₹18 Lakhs
11 years exp.
1y ago
₹23 Lakhs
3 years exp.
1y ago
₹18 Lakhs
10 years exp.

Experience wise HDFC Ergo General Insurance Senior Product Manager salaries

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹18.2 L/yr - ₹23 L/yr
3 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹23 L/yr
4 years (AmbitionBox Estimate)

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₹19 L/yr - ₹24.2 L/yr
5 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹22.5 L/yr
6 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹22.5 L/yr
View all

Similar Designation salaries in HDFC Ergo General Insurance

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₹16 L/yr - ₹35 L/yr
Senior Product Owner Salary
(AmbitionBox Estimate)
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₹11.2 L/yr - ₹14.3 L/yr
Technical Product Manager Salary
(AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr
Product Manager Salary
(20 salaries)
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₹13 L/yr - ₹19 L/yr
Associate Product Manager Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr
Assistant Product Manager Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr
Project Manager Salary
(16 salaries)
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₹10 L/yr - ₹17.55 L/yr
Production Manager Salary
(AmbitionBox Estimate)
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₹13 L/yr - ₹16.6 L/yr
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₹11.4 L/yr - ₹38 L/yr
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₹7 L/yr - ₹35 L/yr

Salary related reviews for HDFC Ergo General Insurance

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

Full Time

 · 

Healthcare & Life Sciences Department

1.0
  •  posted on 31 Jan 2025

2.0
 for  Salary and Benefits

Likes

Salary on time only benifits.

Dislikes

- Creat problem when you switch, create relieving issues . - CTC not as per discussion. - 3 month Notice period ,if not done no compensation AND RECOVERY. THANK TWICE BEFORE JOINING. - 5 days on paper but 6 days off record work. BOTHERATION BY MANAGER FOR TARGET TO REJECT CLAIMS.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

IT & Information Security Department

5.0
  •  posted on 25 Dec 2024

5.0
 for  Salary and Benefits

Likes

...appy to be part of HDFC Ergo where I can upskill myself along with he work life. Company encourage us to take time off for personal life Management is good Salary and work environment is also good Multiple events helps to avoid boring work life

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing so far... See if they can help to improve the appraisal thing 😜 Because whatever good we get as an employee but good increament will always have higher stake in that happiness and shows worthiness to the efforts

read more
see more salary related reviews

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HDFC Ergo General Insurance Senior Product Manager Salary FAQs

What is the salary of Senior Product Manager at HDFC Ergo General Insurance ?
The average salary of a Senior Product Manager at HDFC Ergo General Insurance in India typically ranges from ₹11.5 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Senior Product Manager at HDFC Ergo General Insurance earn more than ₹23.0 Lakhs per year, and the top 1% earn over ₹23.0 Lakhs per year. Senior Product 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 8 HDFC Ergo General Insurance employees in India.
What is the estimated take home salary of a Senior Product Manager at HDFC Ergo General Insurance in India?
The estimated take-home salary of a Senior Product Manager at HDFC Ergo General Insurance in India typically ranges from ₹1,32,737 to ₹1,37,602 per month. This is based on the average salary range of ₹11.5 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 2 years to 11 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 8 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 Product Manager in India?
Star Health & Allied Insurance ₹23.0 Lakhs to ₹46.5 Lakhs per year
Tata AIA Life Insurance ₹30.0 Lakhs to ₹32.5 Lakhs per year
Axis Max Life Insurance ₹15.0 Lakhs to ₹32.0 Lakhs per year
HDFC Life ₹13.0 Lakhs to ₹33.0 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 Product Manager in companies similar to HDFC Ergo General Insurance in India?
The salary of a Senior Product 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:

ICICI Prudential Life Insurance ₹14.5 Lakhs to ₹31.0 Lakhs per year
ICICI Lombard General Insurance Company ₹6.0 Lakhs to ₹31.8 Lakhs per year
Aditya Birla Sun Life Insurance ₹5.0 Lakhs to ₹22.9 Lakhs per year
Kotak Mahindra General Insurance ₹11.9 Lakhs to ₹15.0 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 Product Manager at HDFC Ergo General Insurance in India?
The salary growth for a Senior Product Manager at HDFC Ergo General Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Product Manager can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience Average Salary Range
2 years ₹18.2 Lakhs to ₹23.0 Lakhs per year
3 years ₹8.6 Lakhs to ₹23.0 Lakhs per year
4 years ₹19.0 Lakhs to ₹24.2 Lakhs per year
5 years ₹8.3 Lakhs to ₹22.5 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Ergo General Insurance Senior Product Manager salary in India ranges between ₹11.5 Lakhs to ₹23 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.