HDFC Ergo General Insurance Team Manager Salaries by 10+ Employees (Updated 2024)

3 - 10 years exp.

₹5.8 Lakhs - ₹14.9 Lakhs

Salary of majority employees

41% less than the average Team Manager Salary in Insurance Companies for 3 - 10 years of experience

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Last Updated: 23 Nov 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 3% less
Bajaj Allianz General Insurance Team Manager Salary 2 - 13 years exp. (12 salaries)	₹2.8 L/yr - ₹13.4 L/yr 23% less
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Reliance General Insurance Team Manager Salary 1 - 15 years exp. (4 salaries)	₹5.3 L/yr - ₹9 L/yr 15% less
Tata AIG Team Manager Salary 0 - 10 years exp. (17 salaries)	₹4 L/yr - ₹12 L/yr 27% less
SBI General Insurance Team Manager Salary 0 - 17 years exp. (10 salaries)	₹4.2 L/yr - ₹15 L/yr 14% less
Future Generali India Life Insurance Team Manager Salary 0 - 15 years exp. (7 salaries)	₹3.9 L/yr - ₹10 L/yr 33% less
Gallagher Team Manager Salary 7 - 14 years exp. (204 salaries)	₹4.3 L/yr - ₹15 L/yr 12% less	2 job openings
Care Health Insurance Team Manager Salary 4 - 10 years exp. (42 salaries)	₹3.4 L/yr - ₹6 L/yr 49% less
HDFC Life Team Manager Salary 2 - 10 years exp. (30 salaries)	₹4.8 L/yr - ₹7.6 L/yr 28% less
First American Corporation Team Manager Salary 9 - 18 years exp. (29 salaries)	₹6.5 L/yr - ₹12.3 L/yr 2% less
Niva Bupa Health Insurance Company Team Manager Salary 4 - 10 years exp. (30 salaries)	₹3.5 L/yr - ₹10 L/yr 35% 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 22% less
Allstate Team Manager Salary 9 - 18 years exp. (18 salaries)	₹7.3 L/yr - ₹28.5 L/yr 68% more
Bajaj Allianz Life Insurance Team Manager Salary 0 - 12 years exp. (18 salaries)	₹3.9 L/yr - ₹14.7 L/yr 15% less
Kotak Mahindara Life Insurance Team Manager Salary 0 - 9 years exp. (17 salaries)	₹1.2 L/yr - ₹8.7 L/yr 46% less
Max Life Insurance Team Manager Salary 4 - 13 years exp. (16 salaries)	₹5.8 L/yr - ₹20.3 L/yr 24% more
Star Health & Allied Insurance Team Manager Salary 1 - 8 years exp. (16 salaries)	₹3 L/yr - ₹7.8 L/yr 55% less
Tata AIA Life Insurance Team Manager Salary 4 - 14 years exp. (13 salaries)	₹4 L/yr - ₹16 L/yr 6% less
PNB MetLife Team Manager Salary 2 - 11 years exp. (10 salaries)	₹4.1 L/yr - ₹17.3 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 9% more

View all

Team Manager salary at HDFC Ergo General Insurance ranges between ₹5.8 Lakhs to ₹14.9 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 17 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Team Manager salaries

Last Updated: 23 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹11 L/yr
4 years (4 salaries)	₹5.8 L/yr - ₹14.6 L/yr
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5 years (3 salaries)	₹7 L/yr - ₹13 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹17.2 L/yr
7 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹17.6 L/yr
8 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹13.2 L/yr
10 years (3 salaries)	₹8.3 L/yr - ₹13 L/yr

View all

Similar Designation salaries in HDFC Ergo General Insurance

Branch Manager Salary

(203 salaries)

₹4.7 L/yr - ₹12.9 L/yr

Deputy Manager Salary

(897 salaries)

₹3 L/yr - ₹10.51 L/yr

Team Lead Salary

(48 salaries)

₹2.5 L/yr - ₹5.43 L/yr

Team Coach Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Operations Manager Salary

(25 salaries)

₹2.25 L/yr - ₹9.55 L/yr

Technical Lead Salary

(4 salaries)

₹13 L/yr - ₹36 L/yr

Supervisor Salary

(3 salaries)

₹3.2 L/yr - ₹6.5 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Senior Associate Salary

(80 salaries)

₹2.3 L/yr - ₹5 L/yr

Team Lead And Incharge Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Salary related reviews for HDFC Ergo General Insurance

3.3

Rated by 7 employees for salary & benefits

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.

Senior Executive in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 15 Oct 2024

3.0

for Salary and Benefits

Likes

The work culture is really good at HDFC ERGO. They take care of their employees and understand the critical situations. There is no pressure on employees and hence they can easily enjoy their personal lives along with the work.

Dislikes

The perks and salary could be better. Also they need to upgrade some tech stack.

Executive in Mumbai

Full Time

Human Resources Department

3.0

• posted on 09 Aug 2024

2.0

for Salary and Benefits

Likes

Office timing, work life balance

Dislikes

...t this is at its worst. Promotions/ increments are given only to the reference. No salary or personal growth.

Development Manager in New Delhi

Full Time

Data Science & Analytics Department

5.0

• posted on 23 Feb 2024

5.0

for Salary and Benefits

Likes

Engaging and challenging work can be stimulating and rewarding. Employees at HDFC ERGO may appreciate the opportunity to work on diverse projects and solve complex problems in the insurance industry. Employee Benefits: Companies often offer competitive benefits packages, including health insurance, retirement plans, and other perks. HDFC ERGO may provide attractive benefits to its employees

Dislikes

Compensation and Benefits

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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 ₹14.9 Lakhs for experience between 3 years to 10 years. According to our estimates it is 41% less than the average Team Manager Salary in India. Salary estimates are based on 17 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 41% 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 - ₹20.0 Lakhs to ₹30.0 Lakhs per year
AIG Team Manager Salary - ₹11.5 Lakhs to ₹30.0 Lakhs per year
Allstate Team Manager Salary - ₹7.3 Lakhs to ₹28.5 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
Tata AIA Life Insurance Team Manager Salary - ₹4.0 Lakhs to ₹16.0 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 ₹69,986 per month to ₹71,785 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 ₹14.9 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 ₹14.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.