HDFC Ergo General Insurance Senior Vice President Salaries by 5 Employees (Updated 2025)

17 - 23 years exp.

₹39.2 Lakhs - ₹51 Lakhs

Low Confidence

Salary of majority employees

33% less than the average Senior Vice President Salary in Insurance Companies for 17 - 23 years of experience

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Salaries in different departments

Strategic & Top Management Senior Vice President Salary 19 - 23 years exp. (3 salaries)	₹39.2 L/yr - ₹51 L/yr
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BFSI, Investments & Trading Senior Vice President Salary 17 - 19 years exp. (AmbitionBox Estimate)	₹39 L/yr - ₹40 L/yr

Last Updated: 8 Sep 2024

Companies similar to HDFC Ergo General Insurance for Senior Vice President

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Senior Vice President Salary 11 - 26 years exp. (14 salaries)	₹34 L/yr - ₹95 L/yr 43% more
Tata AIG Senior Vice President Salary 18 - 21 years exp. (7 salaries)	₹40 L/yr - ₹1 Cr/yr 87% more
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Kotak Mahindara Life Insurance Senior Vice President Salary 13 - 24 years exp. (33 salaries)	₹29.7 L/yr - ₹51 L/yr 4% less
HDFC Life Senior Vice President Salary 17 - 25 years exp. (12 salaries)	₹26 L/yr - ₹1 Cr/yr 52% more
Swiss Re Senior Vice President Salary 15 - 18 years exp. (8 salaries)	₹64 L/yr - ₹1.3 Cr/yr 140% more
ICICI Prudential Life Insurance Senior Vice President Salary 17 - 20 years exp. (6 salaries)	₹50 L/yr - ₹99 L/yr 91% more
Bajaj Allianz Life Insurance Senior Vice President Salary 20 - 25 years exp. (6 salaries)	₹63.1 L/yr - ₹1 Cr/yr 67% more
Axis Max Life Insurance Senior Vice President Salary 19 - 22 years exp. (5 salaries)	₹36 L/yr - ₹1 Cr/yr 95% more
Future Generali India Life Insurance Senior Vice President Salary 20 - 26 years exp. (5 salaries)	₹26 L/yr - ₹80 L/yr 29% more
SBI Life Insurance Company Senior Vice President Salary 15 - 24 years exp. (5 salaries)	₹45 L/yr - ₹1.1 Cr/yr 128% more
Tata AIA Life Insurance Senior Vice President Salary 19 - 28 years exp. (4 salaries)	₹44 L/yr - ₹1 Cr/yr 84% more
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Niva Bupa Health Insurance Company Senior Vice President Salary 10 - 21 years exp. (4 salaries)	₹40 L/yr - ₹98 L/yr 89% more

Senior Vice President salary at HDFC Ergo General Insurance ranges between ₹39.2 Lakhs to ₹51 Lakhs per year for employees with experience between 17 years to 23 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Senior Vice President salaries

Last Updated: 8 Sep 2024

Experience	Avg Annual Salary
15+ years (5 salaries)	₹39.2 L/yr - ₹51 L/yr
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Similar Designation salaries in HDFC Ergo General Insurance

Associate Vice President Salary

(33 salaries)

₹12 L/yr - ₹29.5 L/yr

Assistant Vice President Salary

(214 salaries)

₹9.55 L/yr - ₹35 L/yr

Head Operations Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Senior Operations Manager Salary

(7 salaries)

₹8.5 L/yr - ₹18 L/yr

General Manager Salary

(3 salaries)

₹3.3 L/yr - ₹4.5 L/yr

Branch Head Salary

(8 salaries)

₹6.3 L/yr - ₹11.8 L/yr

Associate Director Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Project Manager Salary

(16 salaries)

₹10 L/yr - ₹17.55 L/yr

Branch Manager Salary

(194 salaries)

₹4.7 L/yr - ₹14.5 L/yr

Salary related reviews for HDFC Ergo General Insurance

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

Branch Manager in Mumbai

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.

Salary - Bad

+6 more

Operations Executive in Mumbai

Operations Department

4.0

• posted on 11 Oct 2020

4.0

for Salary and Benefits

Likes

This is my first corporate job in HDFC, and I'm still working, everything is good.

Salary - Good

+5 more

Dislikes

I'm working in this company from last 4 years, still I'm struggling to get on payroll, in pemdamic employees who are on company payroll get their bonus on time (April) and we still don't know anything about ours. at the end we come to know that company is in loss so third party payroll employees can't get bonus as well as increment this year. which is something I did not expected. Payroll employees got their bonus but at our time it's in loss, that's Sad.

Senior Manager Information Technology in Mumbai

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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HDFC Ergo General Insurance Senior Vice President Salary FAQs

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

Senior Vice President salary at HDFC Ergo General Insurance in India ranges between ₹39.2 Lakhs to ₹51.0 Lakhs for experience between 17 years to 23 years. According to our estimates it is 33% less than the average Senior Vice President Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDFC Ergo General Insurance India.

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

The average salary of a Senior Vice President at HDFC Ergo General Insurance is 33% less than the average salary of a Senior Vice President in India. To know exact salary insights, login to view.

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

Swiss Re Senior Vice President Salary - ₹64.0 Lakhs to ₹130.0 Lakhs per year
SBI Life Insurance Company Senior Vice President Salary - ₹45.0 Lakhs to ₹112.0 Lakhs per year
Axis Max Life Insurance Senior Vice President Salary - ₹36.0 Lakhs to ₹102.0 Lakhs per year
ICICI Prudential Life Insurance Senior Vice President Salary - ₹50.0 Lakhs to ₹99.0 Lakhs per year
Niva Bupa Health Insurance Company Senior Vice President Salary - ₹40.0 Lakhs to ₹98.0 Lakhs per year

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

Tata AIG Senior Vice President Salary - ₹40.0 Lakhs to ₹100.0 Lakhs per year
Tata AIA Life Insurance Senior Vice President Salary - ₹44.0 Lakhs to ₹101.0 Lakhs per year
Bajaj Allianz Life Insurance Senior Vice President Salary - ₹63.1 Lakhs to ₹101.0 Lakhs per year
HDFC Life Senior Vice President Salary - ₹26.0 Lakhs to ₹102.0 Lakhs per year
ICICI Lombard General Insurance Company Senior Vice President Salary - ₹34.0 Lakhs to ₹95.0 Lakhs per year

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

The estimated take-home salary of a Senior Vice President at HDFC Ergo General Insurance ranges between ₹2,46,468 per month to ₹2,56,475 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Senior Vice President salary in India which ranges between ₹39.2 Lakhs to ₹51.0 Lakhs per year for employees with experience between 17 years to 23 years. Check how did we calculate take home salary?

What is the notice period for Senior Vice President at HDFC Ergo General Insurance?

According to AmbitionBox, 50% of the HDFC Ergo General Insurance Senior Vice Presidents reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Senior Vice President Salaries

HDFC Ergo General Insurance Senior Vice President salary in India ranges between ₹39.2 Lakhs to ₹51 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.