HDFC Ergo General Insurance Mumbai Vice President Salaries by 10+ Employees (Updated 2024)

17 - 27 years exp.

₹28.4 Lakhs - ₹65.3 Lakhs

Salary of majority employees

5% less than the average Vice President Salary in Insurance Companies for 17 - 27 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. (3 salaries)	₹43 L/yr - ₹55 L/yr
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BFSI, Investments & Trading Vice President Salary 17 - 20 years exp. (AmbitionBox Estimate)	₹35 L/yr - ₹43.8 L/yr
Risk Management & Compliance Vice President Salary 21 - 23 years exp. (AmbitionBox Estimate)	₹40 L/yr - ₹44.9 L/yr
Strategic & Top Management Vice President Salary 22 - 25 years exp. (AmbitionBox Estimate)	₹42.7 L/yr - ₹47.5 L/yr

View all

Last Updated: 16 Dec 2024

Companies similar to HDFC Ergo General Insurance for Vice President in Mumbai

HDFC Ergo General Insurance Vice President Salary

17 - 27 years exp. (17 salaries)

₹28.4 L/yr - ₹65.3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Vice President Salary 14 - 22 years exp. (22 salaries)	₹32.1 L/yr - ₹1 Cr/yr 48% more
Tata AIG Vice President Salary 15 - 26 years exp. (18 salaries)	₹34 L/yr - ₹50 L/yr 2% more
Login to view exact salary
Reliance Nippon Life Insurance Vice President Salary 11 - 22 years exp. (26 salaries)	₹16 L/yr - ₹60 L/yr 23% less
Kotak Mahindara Life Insurance Vice President Salary 14 - 21 years exp. (23 salaries)	₹22.3 L/yr - ₹43 L/yr 20% less
SBI Life Insurance Company Vice President Salary 10 - 20 years exp. (18 salaries)	₹20 L/yr - ₹62 L/yr 4% more
Tata AIA Life Insurance Vice President Salary 15 - 20 years exp. (10 salaries)	₹31 L/yr - ₹97 L/yr 68% more
HDFC Life Vice President Salary 19 - 27 years exp. (10 salaries)	₹39 L/yr - ₹72 L/yr 13% more
Future Generali India Life Insurance Vice President Salary 18 - 27 years exp. (9 salaries)	₹30 L/yr - ₹54 L/yr 9% less
Bajaj Allianz Life Insurance Vice President Salary 14 - 21 years exp. (8 salaries)	₹42 L/yr - ₹73 L/yr 23% more
Max Life Insurance Vice President Salary 17 - 23 years exp. (5 salaries)	₹32 L/yr - ₹79 L/yr 11% more
Swiss Re Vice President Salary 11 - 20 years exp. (5 salaries)	₹45 L/yr - ₹70 L/yr 35% more
Login to view exact salary
ICICI Prudential Life Insurance Vice President Salary 18 - 19 years exp. (3 salaries)	₹32 L/yr - ₹38 L/yr 17% less

Vice President salary at HDFC Ergo General Insurance ranges between ₹28.4 Lakhs to ₹65.3 Lakhs per year for employees with experience between 17 years to 27 years. Salary estimates are based on 17 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Vice President salaries in Mumbai

Last Updated: 16 Dec 2024

Experience	Avg Annual Salary
15+ years (17 salaries)	₹28.4 L/yr - ₹65.3 L/yr
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Similar Designation salaries in HDFC Ergo General Insurance

Assistant Vice President Salary

(59 salaries)

₹11.7 L/yr - ₹35 L/yr

Associate Vice President Salary

(12 salaries)

₹12.95 L/yr - ₹29.5 L/yr

Project Manager Salary

(12 salaries)

₹10 L/yr - ₹17.55 L/yr

Branch Manager Salary

(12 salaries)

₹6 L/yr - ₹13.7 L/yr

Senior Vice President Salary

(6 salaries)

₹38 L/yr - ₹51 L/yr

Branch Head Salary

(4 salaries)

₹8.6 L/yr - ₹11.8 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

2.9

Rated by 2 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

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Salary Discussions, Hike & Promotions

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 Mumbai?

Vice President salary at HDFC Ergo General Insurance in Mumbai ranges between ₹28.4 Lakhs to ₹65.3 Lakhs for experience between 17 years to 27 years. According to our estimates it is 5% less than the average Vice President Salary in India. Salary estimates are based on 17 latest salaries received from various employees of HDFC Ergo General Insurance Mumbai.

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

The average salary of a Vice President at HDFC Ergo General Insurance is 5% less than the average salary of a Vice President in Mumbai. 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 Mumbai.

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

Tata AIA Life Insurance Vice President Salary - ₹31.0 Lakhs to ₹97.0 Lakhs per year
ICICI Lombard General Insurance Company Vice President Salary - ₹32.1 Lakhs to ₹101.0 Lakhs per year
Swiss Re Vice President Salary - ₹45.0 Lakhs to ₹70.0 Lakhs per year
Bajaj Allianz Life Insurance Vice President Salary - ₹42.0 Lakhs to ₹73.0 Lakhs per year
HDFC Life Vice President Salary - ₹39.0 Lakhs to ₹72.0 Lakhs per year

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

Max Life Insurance Vice President Salary - ₹32.0 Lakhs to ₹79.0 Lakhs per year
SBI Life Insurance Company Vice President Salary - ₹20.0 Lakhs to ₹62.0 Lakhs per year
Tata AIG Vice President Salary - ₹34.0 Lakhs to ₹50.0 Lakhs per year
Future Generali India Life Insurance Vice President Salary - ₹30.0 Lakhs to ₹54.0 Lakhs per year
ICICI Prudential Life Insurance Vice President Salary - ₹32.0 Lakhs to ₹38.0 Lakhs per year

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

The estimated take-home salary of a Vice President at HDFC Ergo General Insurance ranges between ₹2,59,918 per month to ₹2,70,533 per month in Mumbai. 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 17 years to 27 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 86% of the HDFC Ergo General Insurance Vice Presidents in Mumbai reported a notice period of 3 Months, 14% reported a notice period of 2 Months.This is based on 14 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Vice President Salaries in Mumbai

HDFC Ergo General Insurance Vice President salary in Mumbai ranges between ₹28.4 Lakhs to ₹65.3 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.