HDFC Ergo General Insurance Team Manager Salaries by 7 Employees (Updated 2025)

3 - 10 years exp.

₹5.8 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

51% less than the average Team Manager Salary in Insurance Companies for 3 - 10 years of experience

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Last Updated: 21 Dec 2024

Companies similar to HDFC Ergo General Insurance for Team Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Team Manager Salary 2 - 15 years exp. (27 salaries)	₹4.1 L/yr - ₹15.3 L/yr 24% more
Bajaj Allianz General Insurance Team Manager Salary 2 - 13 years exp. (10 salaries)	₹2.8 L/yr - ₹12 L/yr 10% less
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Reliance General Insurance Team Manager Salary 0 - 15 years exp. (4 salaries)	₹5.3 L/yr - ₹9.8 L/yr 14% more
Tata AIG Team Manager Salary 0 - 10 years exp. (17 salaries)	₹4 L/yr - ₹12 L/yr 6% less
SBI General Insurance Team Manager Salary 0 - 7 years exp. (7 salaries)	₹3.2 L/yr - ₹11.6 L/yr 11% less
Future Generali India Life Insurance Team Manager Salary 0 - 15 years exp. (7 salaries)	₹3.9 L/yr - ₹10 L/yr 14% less
Gallagher Team Manager Salary 7 - 14 years exp. (197 salaries)	₹4.3 L/yr - ₹15 L/yr 13% more	3 job openings
Care Health Insurance Team Manager Salary 4 - 10 years exp. (44 salaries)	₹3.4 L/yr - ₹6.5 L/yr 32% less
First American Corporation Team Manager Salary 9 - 18 years exp. (29 salaries)	₹6.5 L/yr - ₹12.3 L/yr 25% more
Niva Bupa Health Insurance Company Team Manager Salary 3 - 10 years exp. (27 salaries)	₹3.5 L/yr - ₹7.5 L/yr 23% less
HDFC Life Team Manager Salary 1 - 10 years exp. (24 salaries)	₹3.5 L/yr - ₹6.9 L/yr 13% less
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ICICI Prudential Life Insurance Team Manager Salary 0 - 10 years exp. (17 salaries)	₹3.8 L/yr - ₹10.5 L/yr At par
Max Life Insurance Team Manager Salary 4 - 13 years exp. (16 salaries)	₹5.8 L/yr - ₹20.3 L/yr 59% more
Star Health & Allied Insurance Team Manager Salary 1 - 8 years exp. (15 salaries)	₹3 L/yr - ₹7.8 L/yr 41% less
Allstate Team Manager Salary 9 - 17 years exp. (13 salaries)	₹6.1 L/yr - ₹22.6 L/yr 75% more
Bajaj Allianz Life Insurance Team Manager Salary 0 - 10 years exp. (13 salaries)	₹2.2 L/yr - ₹9.8 L/yr 10% less
Kotak Mahindara Life Insurance Team Manager Salary 0 - 9 years exp. (13 salaries)	₹1.2 L/yr - ₹8.7 L/yr 30% less
PNB MetLife Team Manager Salary 2 - 11 years exp. (10 salaries)	₹4.1 L/yr - ₹17.3 L/yr 30% more	1 job opening
Tata AIA Life Insurance Team Manager Salary 0 - 15 years exp. (8 salaries)	₹3.8 L/yr - ₹10.3 L/yr 2% more
SBI Life Insurance Company Team Manager Salary 3 - 12 years exp. (8 salaries)	₹7.5 L/yr - ₹17.4 L/yr 40% more

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Team Manager salary at HDFC Ergo General Insurance ranges between ₹5.8 Lakhs to ₹12 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Team Manager salaries

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹9.9 L/yr
4 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹13.6 L/yr
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5 years (AmbitionBox Estimate)	₹7 L/yr - ₹13.6 L/yr
6 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
7 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹13.6 L/yr
8 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹12 L/yr
10 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.3 L/yr

View all

Similar Designation salaries in HDFC Ergo General Insurance

Area Manager Salary

(40 salaries)

₹6 L/yr - ₹12.5 L/yr

Program Manager Salary

(5 salaries)

₹11.4 L/yr - ₹38 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Branch Manager Salary

(199 salaries)

₹4.7 L/yr - ₹12.9 L/yr

Deputy Manager Salary

(839 salaries)

₹3.2 L/yr - ₹10.25 L/yr

Team Lead Salary

(45 salaries)

₹2.5 L/yr - ₹5.43 L/yr

Project Manager Salary

(16 salaries)

₹10 L/yr - ₹17.55 L/yr

Department Manager Salary

(4 salaries)

₹7 L/yr - ₹14.8 L/yr

Cluster Manager Salary

(21 salaries)

₹4.1 L/yr - ₹13.5 L/yr

Operations Manager Salary

(25 salaries)

₹2.25 L/yr - ₹9.55 L/yr

Salary related reviews for HDFC Ergo General Insurance

3.3

Rated by 6 employees for salary & benefits

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

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.

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.

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.

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.

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.

Relationship Manager in Patna

Bancainsurance Department

2.0

• posted on 28 Jun 2018

2.0

for Salary and Benefits

Likes

I don't like anything about working in Apollo Munich, except few people.

Dislikes

There id nothing to like, There is no transparency in salary cut And they won't give Allowances if you will not Achieve your target. There is no management support. Full stressful life, Senior don't know how to work. They will simply put pressure on you.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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HDFC Ergo General Insurance Team Manager Salary FAQs

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

Team Manager salary at HDFC Ergo General Insurance in India ranges between ₹5.8 Lakhs to ₹12.0 Lakhs for experience between 3 years to 10 years. According to our estimates it is 51% less than the average Team Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of HDFC Ergo General Insurance India.

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

The average salary of a Team Manager at HDFC Ergo General Insurance is 51% less than the average salary of a Team Manager in India. To know exact salary insights, login to view.

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

Swiss Re Team Manager Salary - ₹18.0 Lakhs to ₹40.0 Lakhs per year
AXA Team Manager Salary - ₹25.0 Lakhs to ₹30.0 Lakhs per year
AIG Team Manager Salary - ₹11.5 Lakhs to ₹30.0 Lakhs per year
Allstate Team Manager Salary - ₹6.1 Lakhs to ₹22.6 Lakhs per year
Max Life Insurance Team Manager Salary - ₹5.8 Lakhs to ₹20.3 Lakhs per year

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

SBI Life Insurance Company Team Manager Salary - ₹7.5 Lakhs to ₹17.4 Lakhs per year
PNB MetLife Team Manager Salary - ₹4.1 Lakhs to ₹17.3 Lakhs per year
First American Corporation Team Manager Salary - ₹6.5 Lakhs to ₹12.3 Lakhs per year
ICICI Lombard General Insurance Company Team Manager Salary - ₹4.1 Lakhs to ₹15.3 Lakhs per year
Reliance General Insurance Team Manager Salary - ₹5.3 Lakhs to ₹9.8 Lakhs per year

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

The estimated take-home salary of a Team Manager at HDFC Ergo General Insurance ranges between ₹56,076 per month to ₹57,482 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Team Manager salary in India which ranges between ₹5.8 Lakhs to ₹12.0 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Team Manager at HDFC Ergo General Insurance?

According to AmbitionBox, 67% of the HDFC Ergo General Insurance Team Managers reported a notice period of 3 Months, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Team Manager Salaries

HDFC Ergo General Insurance Team Manager salary in India ranges between ₹5.8 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.