HDFC Ergo General Insurance Vice President Salaries by 30+ Employees (Updated 2024)

13 - 28 years exp.

₹28.4 Lakhs - ₹65.3 Lakhs

Salary of majority employees

At par with the average Vice President Salary in Insurance Companies for 13 - 28 years of experience

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Salaries in different departments

Legal & Regulatory Vice President Salary 18 - 27 years exp. (5 salaries)	₹28.4 L/yr - ₹49.1 L/yr
Sales & Business Development Vice President Salary 18 - 23 years exp. (4 salaries)	₹39 L/yr - ₹55 L/yr
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Strategic & Top Management Vice President Salary 21 - 25 years exp. (4 salaries)	₹39 L/yr - ₹52 L/yr
Project & Program Management Vice President Salary 18 - 19 years exp. (3 salaries)	₹49.6 L/yr - ₹65.3 L/yr
BFSI, Investments & Trading Vice President Salary 17 - 20 years exp. (AmbitionBox Estimate)	₹35 L/yr - ₹46.7 L/yr

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Last Updated: 16 Dec 2024

Companies similar to HDFC Ergo General Insurance for Vice President

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Vice President Salary 14 - 22 years exp. (32 salaries)	₹32.1 L/yr - ₹94 L/yr 18% more
Bajaj Allianz General Insurance Vice President Salary 16 - 20 years exp. (4 salaries)	₹50 L/yr - ₹70 L/yr 26% more
Login to view exact salary
Reliance General Insurance Vice President Salary 18 - 19 years exp. (4 salaries)	₹45 L/yr - ₹52 L/yr 6% more
Tata AIG Vice President Salary 15 - 26 years exp. (22 salaries)	₹30 L/yr - ₹50 L/yr 11% less
Swiss Re Vice President Salary 11 - 20 years exp. (99 salaries)	₹24 L/yr - ₹94 L/yr 23% more
Kotak Mahindara Life Insurance Vice President Salary 14 - 21 years exp. (45 salaries)	₹22.3 L/yr - ₹45 L/yr 31% less
Max Life Insurance Vice President Salary 14 - 25 years exp. (41 salaries)	₹17 L/yr - ₹71.2 L/yr 12% less
SBI Life Insurance Company Vice President Salary 10 - 20 years exp. (35 salaries)	₹15.8 L/yr - ₹62 L/yr 18% less
Reliance Nippon Life Insurance Vice President Salary 11 - 22 years exp. (31 salaries)	₹16 L/yr - ₹51.4 L/yr 38% less
HDFC Life Vice President Salary 19 - 27 years exp. (25 salaries)	₹35 L/yr - ₹72 L/yr 4% more
Bajaj Allianz Life Insurance Vice President Salary 14 - 24 years exp. (18 salaries)	₹40.5 L/yr - ₹73 L/yr 10% more
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Tata AIA Life Insurance Vice President Salary 15 - 23 years exp. (14 salaries)	₹30.4 L/yr - ₹97 L/yr 45% more
Future Generali India Life Insurance Vice President Salary 18 - 27 years exp. (13 salaries)	₹30 L/yr - ₹54 L/yr 13% less
ICICI Prudential Life Insurance Vice President Salary 17 - 23 years exp. (9 salaries)	₹27 L/yr - ₹50 L/yr 21% less
First American Corporation Vice President Salary 15 - 26 years exp. (5 salaries)	₹45 L/yr - ₹1.1 Cr/yr 67% more
Gallagher Vice President Salary 9 - 22 years exp. (5 salaries)	₹32 L/yr - ₹36.3 L/yr 26% less
SBI General Insurance Vice President Salary 16 - 20 years exp. (4 salaries)	₹38 L/yr - ₹94 L/yr 19% more
Star Health & Allied Insurance Vice President Salary 22 - 26 years exp. (3 salaries)	₹50 L/yr - ₹51 L/yr 7% more

Vice President salary at HDFC Ergo General Insurance ranges between ₹28.4 Lakhs to ₹65.3 Lakhs per year for employees with experience between 13 years to 28 years. Salary estimates are based on 32 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Vice President salaries

Last Updated: 16 Dec 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹45 L/yr - ₹87.4 L/yr
14 years (AmbitionBox Estimate)	₹43.5 L/yr - ₹55.6 L/yr
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15+ years (31 salaries)	₹28.4 L/yr - ₹65.3 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Senior Vice President Salary

(6 salaries)

₹38 L/yr - ₹51 L/yr

Associate Vice President Salary

(38 salaries)

₹12 L/yr - ₹37.5 L/yr

Assistant Vice President Salary

(197 salaries)

₹9.55 L/yr - ₹35 L/yr

Vice President Operations Salary

(AmbitionBox Estimate)

₹34.2 L/yr - ₹43.7 L/yr

Head Operations Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Branch Head Salary

(8 salaries)

₹6.3 L/yr - ₹11.8 L/yr

Branch Manager Salary

(213 salaries)

₹4.7 L/yr - ₹14 L/yr

Associate Director Salary

(AmbitionBox Estimate)

₹20.7 L/yr - ₹26.5 L/yr

Project Manager Salary

(16 salaries)

₹10 L/yr - ₹17.55 L/yr

Top skills at HDFC Ergo General Insurance for Vice President

Claims Analytical skills LI Motor Insurance

Salary related reviews for HDFC Ergo General Insurance

3.5

Rated by 5 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.

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.

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 Vice President Salary FAQs

What is the salary of Vice President at HDFC Ergo General Insurance?

Vice President salary at HDFC Ergo General Insurance in India ranges between ₹28.4 Lakhs to ₹65.3 Lakhs for experience between 13 years to 28 years. According to our estimates it is 2% less than the average Vice President Salary in India. Salary estimates are based on 32 latest salaries received from various employees of HDFC Ergo General Insurance India.

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

The average salary of a Vice President at HDFC Ergo General Insurance is 2% less than the average salary of a Vice President in India. To know exact salary insights, login to view.

What are the top skills required to work as a Vice President at HDFC Ergo General Insurance?

Claims, Analytical skills, LI and Motor Insurance are some of the popular skills required to work as a Vice President at HDFC Ergo General Insurance India.

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

First American Corporation Vice President Salary - ₹45.0 Lakhs to ₹106.0 Lakhs per year
Tata AIA Life Insurance Vice President Salary - ₹30.4 Lakhs to ₹97.0 Lakhs per year
Bajaj Allianz General Insurance Vice President Salary - ₹50.0 Lakhs to ₹70.0 Lakhs per year
Swiss Re Vice President Salary - ₹24.0 Lakhs to ₹94.0 Lakhs per year
SBI General Insurance Vice President Salary - ₹38.0 Lakhs to ₹94.0 Lakhs per year

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

ICICI Lombard General Insurance Company Vice President Salary - ₹32.1 Lakhs to ₹94.0 Lakhs per year
Bajaj Allianz Life Insurance Vice President Salary - ₹40.5 Lakhs to ₹73.0 Lakhs per year
Star Health & Allied Insurance Vice President Salary - ₹50.0 Lakhs to ₹51.0 Lakhs per year
Reliance General Insurance Vice President Salary - ₹45.0 Lakhs to ₹52.0 Lakhs per year
HDFC Life Vice President Salary - ₹35.0 Lakhs to ₹72.0 Lakhs per year

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

The estimated take-home salary of a Vice President at HDFC Ergo General Insurance ranges between ₹2,75,387 per month to ₹2,86,702 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Vice President salary in India which ranges between ₹28.4 Lakhs to ₹65.3 Lakhs per year for employees with experience between 13 years to 28 years. Check how did we calculate take home salary?

What is the notice period for Vice President at HDFC Ergo General Insurance?

According to AmbitionBox, 77% of the HDFC Ergo General Insurance Vice Presidents reported a notice period of 3 Months, 18% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Vice President Salaries

HDFC Ergo General Insurance Vice President salary in India ranges between ₹28.4 Lakhs to ₹65.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.