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4.0

based on 3.1k Reviews

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HDFC Ergo General Insurance Senior Vice President salaries in Mumbai

Annual salary range
17 - 23 years exp.
₹38 Lakhs - ₹51 Lakhs
Salary of majority employees
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23% 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)
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₹39.2 L/yr - ₹51 L/yr

BFSI, Investments & Trading
Senior Vice President Salary
17 - 19 years exp. (AmbitionBox Estimate)
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₹40 L/yr - ₹43.9 L/yr

Last Updated: 8 Sep 2024

Companies similar to HDFC Ergo General Insurance for Senior Vice President in Mumbai

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HDFC Ergo General Insurance Senior Vice President Salary

17 - 23 years exp. (6 salaries)

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₹38 L/yr - ₹51 L/yr

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₹34 L/yr - ₹95 L/yr

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Tata AIG Senior Vice President Salary

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Max Life Insurance Senior Vice President Salary

20 - 25 years exp. (3 salaries)

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₹98 L/yr - ₹1 Cr/yr

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₹44 L/yr - ₹1 Cr/yr

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HDFC Life Senior Vice President Salary

20 - 24 years exp. (3 salaries)

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₹63.3 L/yr - ₹70.7 L/yr

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Senior Vice President salary at HDFC Ergo General Insurance ranges between ₹38 Lakhs to ₹51 Lakhs per year for employees with experience between 17 years to 23 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Senior Vice President in Mumbai

4mo ago
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23 years exp.
1y ago
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17 years exp.
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19 years exp.
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22 years exp.
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19 years exp.
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18 years exp.

Experience wise HDFC Ergo General Insurance Senior Vice President salaries in Mumbai

Last Updated: 8 Sep 2024

Experience Avg Annual Salary
15+ years  (6 salaries)

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₹38 L/yr - ₹51 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

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₹11.7 L/yr - ₹35 L/yr
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₹12.95 L/yr - ₹29.5 L/yr
Project Manager Salary
(12 salaries)
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₹10 L/yr - ₹17.55 L/yr
Branch Manager Salary
(9 salaries)
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₹6 L/yr - ₹10.5 L/yr
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₹11.37 L/yr - ₹18 L/yr
Branch Head Salary
(4 salaries)
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₹8.6 L/yr - ₹11.8 L/yr

Salary related reviews for HDFC Ergo General Insurance

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

read more
  • Skill development - 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.

read more
  • 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

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.

read 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
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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 Mumbai?
Senior Vice President salary at HDFC Ergo General Insurance in Mumbai ranges between ₹38.0 Lakhs to ₹51.0 Lakhs for experience between 17 years to 23 years. According to our estimates it is 23% less than the average Senior Vice President Salary in India. Salary estimates are based on 6 latest salaries received from various employees of HDFC Ergo General Insurance Mumbai.
How does the salary of a Senior Vice President at HDFC Ergo General Insurance Mumbai compare with the average salary range for this job?
The average salary of a Senior Vice President at HDFC Ergo General Insurance is 23% less than the average salary of a Senior Vice President in Mumbai. 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 Mumbai?
  • Max Life Insurance Senior Vice President Salary - ₹98.0 Lakhs to ₹101.0 Lakhs per year
  • SBI Life Insurance Company Senior Vice President Salary - ₹45.0 Lakhs to ₹112.0 Lakhs per year
  • Tata AIA Life Insurance Senior Vice President Salary - ₹44.0 Lakhs to ₹101.0 Lakhs per year
  • HDFC Life Senior Vice President Salary - ₹63.3 Lakhs to ₹70.7 Lakhs per year
  • Tata AIG Senior Vice President Salary - ₹40.0 Lakhs to ₹100.0 Lakhs per year
What is the salary of a Senior Vice President in companies similar to HDFC Ergo General Insurance in Mumbai?
  • ICICI Lombard General Insurance Company Senior Vice President Salary - ₹34.0 Lakhs to ₹95.0 Lakhs per year
  • Kotak Mahindara Life Insurance Senior Vice President Salary - ₹30.0 Lakhs to ₹50.0 Lakhs per year
What is the estimated take home salary of a Senior Vice President at HDFC Ergo General Insurance in Mumbai?
The estimated take-home salary of a Senior Vice President at HDFC Ergo General Insurance ranges between ₹2,64,621 per month to ₹2,75,448 per month in Mumbai. The take-home salary calculation is based on the average HDFC Ergo General Insurance Senior Vice President salary in India which ranges between ₹38.0 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 in Mumbai?
According to AmbitionBox, 50% of the HDFC Ergo General Insurance Senior Vice Presidents in Mumbai 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 salary in Mumbai ranges between ₹38 Lakhs to ₹51 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.