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HDFC Ergo General Insurance Team Lead salaries in Mumbai (Updated 2025)

Annual salary range
2 - 11 years exp.
₹2.9 Lakhs - ₹5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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54% less than the average Team Lead Salary in Insurance Companies for 2 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Team Lead Salary
2 - 11 years exp. (10 salaries)
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₹3.1 L/yr - ₹5 L/yr

Sales & Business Development
Team Lead Salary
3 - 10 years exp. (4 salaries)
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₹2.9 L/yr - ₹4.7 L/yr

BFSI, Investments & Trading
Team Lead Salary
5 - 6 years exp. (3 salaries)
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₹3.9 L/yr - ₹4.2 L/yr

Last Updated: 6 Apr 2025

Companies similar to HDFC Ergo General Insurance for Team Lead in Mumbai

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HDFC Ergo General Insurance Team Lead Salary

2 - 11 years exp. (19 salaries)

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₹2.9 L/yr - ₹5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1.1 L/yr - ₹8.2 L/yr

arrow icon 2% less
1 job opening
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₹2.5 L/yr - ₹4.6 L/yr

arrow icon 20% less
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₹2.2 L/yr - ₹6 L/yr

arrow icon 4% more
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SBI Life Insurance Company Team Lead Salary

4 - 9 years exp. (5 salaries)

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₹3.6 L/yr - ₹4.8 L/yr

arrow icon 14% less
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HDFC Life Team Lead Salary

5 - 8 years exp. (5 salaries)

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₹3.3 L/yr - ₹7 L/yr

arrow icon 1% more
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₹4.2 L/yr - ₹6.1 L/yr

arrow icon 25% more
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₹3.4 L/yr - ₹4.5 L/yr

arrow icon 1% more
1 job opening
Team Lead salary at HDFC Ergo General Insurance ranges between ₹2.9 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 19 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Team Lead in Mumbai

5d ago
₹3.1 Lakhs
4 years exp.
1mo ago
₹3.2 Lakhs
6 years exp.
9mo ago
₹4 Lakhs
10 years exp.
9mo ago
₹5 Lakhs
11 years exp.
10mo ago
₹4.9 Lakhs
7 years exp.
10mo ago
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2 years exp.
1y ago
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10 years exp.
1y ago
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5 years exp.
1y ago
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4 years exp.

Experience wise HDFC Ergo General Insurance Team Lead salaries in Mumbai

Last Updated: 6 Apr 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
3 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
4 years  (3 salaries)

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₹3.1 L/yr - ₹7.5 L/yr
5 years  (6 salaries)

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₹2.9 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
View all

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary
(260 salaries)
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₹3 L/yr - ₹10.25 L/yr
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₹2.52 L/yr - ₹5 L/yr
Branch Manager Salary
(9 salaries)
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₹6 L/yr - ₹10.5 L/yr
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₹2.3 L/yr - ₹7.8 L/yr

Salary related reviews for HDFC Ergo General Insurance

3.5

Rated by 3 employees for salary & benefits

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.

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Full Time

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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.

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Dislikes

Seniors don't have humanity, you need to attend concall even though you are in icu.

  • Salary - Poor
  • +6 more
see more salary related reviews

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HDFC Ergo General Insurance Team Lead Salary FAQs

What is the salary of Team Lead at HDFC Ergo General Insurance in Mumbai?
The average salary of a Team Lead at HDFC Ergo General Insurance in Mumbai typically ranges from ₹2.9 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Team Lead in Mumbai at HDFC Ergo General Insurance earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Team Lead 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 10+ HDFC Ergo General Insurance employees in India.
What is the estimated take home salary of a Team Lead at HDFC Ergo General Insurance in Mumbai?
The estimated take-home salary of a Team Lead at HDFC Ergo General Insurance in Mumbai typically ranges from ₹31,216 to ₹32,513 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹5.0 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 10+ 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 Team Lead in India?
Kotak Mahindra General Insurance ₹4.2 Lakhs to ₹6.1 Lakhs per year
Kotak Mahindara Life Insurance ₹2.2 Lakhs to ₹6.0 Lakhs per year
HDFC Life ₹3.3 Lakhs to ₹7.0 Lakhs per year
Star Health & Allied Insurance ₹3.4 Lakhs to ₹4.5 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 Team Lead in companies similar to HDFC Ergo General Insurance in Mumbai?
The salary of a Team Lead at companies similar to HDFC Ergo General Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company ₹1.1 Lakhs to ₹8.2 Lakhs per year
SBI Life Insurance Company ₹3.6 Lakhs to ₹4.8 Lakhs per year
Reliance Nippon Life Insurance ₹2.5 Lakhs to ₹4.6 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 Team Lead at HDFC Ergo General Insurance in Mumbai?
The salary growth for a Team Lead at HDFC Ergo General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Team Lead in Mumbai can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience Average Salary Range
2 years ₹3.7 Lakhs to ₹4.7 Lakhs per year
3 years ₹3.7 Lakhs to ₹4.7 Lakhs per year
4 years ₹3.1 Lakhs to ₹7.5 Lakhs per year
5 years ₹2.9 Lakhs to ₹4.8 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Ergo General Insurance Team Lead salary in Mumbai ranges between ₹2.9 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 19 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.