HDFC Ergo General Insurance Underwriting Manager Salaries by 10+ Employees (Updated 2025)

1 - 13 years exp.

₹5.1 Lakhs - ₹18.5 Lakhs

Salary of majority employees

22% more than the average Underwriting Manager Salary in Insurance Companies for 1 - 13 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Underwriting Manager Salary 1 - 12 years exp. (11 salaries)	₹5.1 L/yr - ₹18.4 L/yr
Login to view exact salary
Data Science & Analytics Underwriting Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹19.8 L/yr

Last Updated: 21 Aug 2023

Companies similar to HDFC Ergo General Insurance for Underwriting Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Underwriting Manager Salary 1 - 17 years exp. (9 salaries)	₹5.8 L/yr - ₹14.5 L/yr 18% less
Bajaj Allianz General Insurance Underwriting Manager Salary 14 - 17 years exp. (4 salaries)	₹19 L/yr - ₹22 L/yr 93% more
Login to view exact salary
Reliance General Insurance Underwriting Manager Salary 0 - 6 years exp. (13 salaries)	₹4.5 L/yr - ₹13.6 L/yr 29% less
Tata AIG Underwriting Manager Salary 0 - 6 years exp. (13 salaries)	₹5.2 L/yr - ₹14.5 L/yr 15% less
SBI General Insurance Underwriting Manager Salary 7 - 13 years exp. (23 salaries)	₹5.8 L/yr - ₹13.5 L/yr 1% less
Future Generali India Life Insurance Underwriting Manager Salary 9 - 13 years exp. (6 salaries)	₹10 L/yr - ₹13 L/yr 4% more
Care Health Insurance Underwriting Manager Salary 0 - 9 years exp. (23 salaries)	₹2.4 L/yr - ₹7.3 L/yr 57% less
ICICI Prudential Life Insurance Underwriting Manager Salary 0 - 16 years exp. (14 salaries)	₹6 L/yr - ₹10.5 L/yr 26% less
Tata AIA Life Insurance Underwriting Manager Salary 12 - 18 years exp. (7 salaries)	₹7.8 L/yr - ₹18 L/yr 14% more
Gallagher Underwriting Manager Salary 7 - 10 years exp. (5 salaries)	₹12 L/yr - ₹13 L/yr 16% more
HDFC Life Underwriting Manager Salary 12 - 17 years exp. (5 salaries)	₹9.7 L/yr - ₹18.5 L/yr 18% more
Login to view exact salary
Kotak Mahindara Life Insurance Underwriting Manager Salary 1 - 3 years exp. (5 salaries)	₹5.1 L/yr - ₹8.4 L/yr 42% less
Max Life Insurance Underwriting Manager Salary 2 - 14 years exp. (4 salaries)	₹5 L/yr - ₹10 L/yr 23% less
Aditya Birla Sun Life Insurance Underwriting Manager Salary 7 - 10 years exp. (4 salaries)	₹10.1 L/yr - ₹13.4 L/yr 3% more
PNB MetLife Underwriting Manager Salary 2 - 16 years exp. (4 salaries)	₹3.9 L/yr - ₹11.4 L/yr 33% less
SBI Life Insurance Company Underwriting Manager Salary 11 - 14 years exp. (4 salaries)	₹8.5 L/yr - ₹15 L/yr 10% more
Star Health & Allied Insurance Underwriting Manager Salary 3 - 6 years exp. (3 salaries)	₹3 L/yr - ₹5.1 L/yr 58% less
AIG Underwriting Manager Salary 9 - 14 years exp. (3 salaries)	₹14.3 L/yr - ₹21.1 L/yr 51% more

Underwriting Manager salary at HDFC Ergo General Insurance ranges between ₹5.1 Lakhs to ₹18.5 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 16 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Underwriting Manager salaries

Last Updated: 21 Aug 2023

Experience	Avg Annual Salary
1 year (3 salaries)	₹5.1 L/yr - ₹13.9 L/yr
2 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
4 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹11.6 L/yr
6 years (4 salaries)	₹6.8 L/yr - ₹11.6 L/yr
7 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹17.2 L/yr
9 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹18.4 L/yr
10 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
11 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹23.3 L/yr
12 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹19.8 L/yr
13 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹19.8 L/yr

View all

Similar Designation salaries in HDFC Ergo General Insurance

Underwriter Salary

(13 salaries)

₹3 L/yr - ₹7.22 L/yr

Deputy Manager Salary

(840 salaries)

₹3.2 L/yr - ₹10.25 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹17.7 L/yr - ₹22.7 L/yr

Senior Underwriter Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.4 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Team Lead Salary

(45 salaries)

₹2.5 L/yr - ₹5.43 L/yr

Senior Associate Salary

(86 salaries)

₹2.3 L/yr - ₹5.95 L/yr

Management Trainee Salary

(8 salaries)

₹13.1 L/yr - ₹19 L/yr

Analyst Salary

(4 salaries)

₹5.1 L/yr - ₹12 L/yr

Process Associate Salary

(7 salaries)

₹2.6 L/yr - ₹5 L/yr

Salary related reviews for HDFC Ergo General Insurance

2.6

Rated by 2 employees for salary & benefits

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.

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

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

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

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

2w (edited)

a social media specialist

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?

Got a question about HDFC Ergo General Insurance?

Ask anonymously on communities.

HDFC Ergo General Insurance Underwriting Manager Salary FAQs

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

Underwriting Manager salary at HDFC Ergo General Insurance in India ranges between ₹5.1 Lakhs to ₹18.5 Lakhs for experience between 1 years to 13 years. According to our estimates it is 22% more than the average Underwriting Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of HDFC Ergo General Insurance India.

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

The average salary of a Underwriting Manager at HDFC Ergo General Insurance is 22% more than the average salary of a Underwriting Manager in India. To know exact salary insights, login to view.

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

Bajaj Allianz General Insurance Underwriting Manager Salary - ₹19.0 Lakhs to ₹22.0 Lakhs per year
AIG Underwriting Manager Salary - ₹14.3 Lakhs to ₹21.1 Lakhs per year
HDFC Life Underwriting Manager Salary - ₹9.7 Lakhs to ₹18.5 Lakhs per year
Gallagher Underwriting Manager Salary - ₹12.0 Lakhs to ₹13.0 Lakhs per year
Tata AIA Life Insurance Underwriting Manager Salary - ₹7.8 Lakhs to ₹18.0 Lakhs per year

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

SBI Life Insurance Company Underwriting Manager Salary - ₹8.5 Lakhs to ₹15.0 Lakhs per year
Future Generali India Life Insurance Underwriting Manager Salary - ₹10.0 Lakhs to ₹13.0 Lakhs per year
Aditya Birla Sun Life Insurance Underwriting Manager Salary - ₹10.1 Lakhs to ₹13.4 Lakhs per year
SBI General Insurance Underwriting Manager Salary - ₹5.8 Lakhs to ₹13.5 Lakhs per year
Tata AIG Underwriting Manager Salary - ₹5.2 Lakhs to ₹14.5 Lakhs per year

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

The estimated take-home salary of a Underwriting Manager at HDFC Ergo General Insurance ranges between ₹77,913 per month to ₹79,936 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Underwriting Manager salary in India which ranges between ₹5.1 Lakhs to ₹18.5 Lakhs per year for employees with experience between 1 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the HDFC Ergo General Insurance Underwriting Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Ergo General Insurance Underwriting Manager Salaries by Location

Home >
Salaries >
HDFC Ergo General Insurance Salaries >
HDFC Ergo General Insurance Underwriting Manager Salaries

HDFC Ergo General Insurance Underwriting Manager salary in India ranges between ₹5.1 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.