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HDFC Ergo General Insurance Retention Manager salaries in India

Annual salary range
0 - 10 years exp.
₹2.3 Lakhs - ₹4.7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Retention Manager Salary at HDFC Ergo General Insurance ranges between ₹2.3 Lakhs to ₹4.7 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 41... Read more

39% less than the average Retention Manager Salary in Insurance Companies for 0 - 10 years of experience

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Last Updated: 21 Oct 2024

Companies similar to HDFC Ergo General Insurance for Retention Manager

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₹3 L/yr - ₹5.8 L/yr

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BYJU'S Retention Manager Salary

1 - 7 years exp. (18 salaries)

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₹5.1 L/yr - ₹13.7 L/yr

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₹5 L/yr - ₹7 L/yr

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Latest annual salaries shared by HDFC Ergo General Insurance Retention Manager

7mo ago
₹3 Lakhs
9 years exp.
7mo ago
₹4.4 Lakhs
6 years exp.
9mo ago
₹3.8 Lakhs
10 years exp.
10mo ago
₹3.1 Lakhs
4 years exp.

HDFC Ergo General Insurance Retention Manager salaries by

Years of experience Avg. annual salary
Fresher (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
1 year  (4 salaries)

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₹2.3 L/yr - ₹5.9 L/yr
2 years  (4 salaries)

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₹2.6 L/yr - ₹4 L/yr
3 years  (7 salaries)

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₹2.9 L/yr - ₹4.2 L/yr
4 years  (8 salaries)

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₹2.6 L/yr - ₹4.2 L/yr
View all salaries by experience

Similar Designation Salaries at HDFC Ergo General Insurance

Similar Designation Avg. annual salary
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₹1.3 L/yr - ₹7.9 L/yr

Deputy Manager Salary
(1.2k salaries)
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₹3.5 L/yr - ₹10.5 L/yr

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₹5.1 L/yr - ₹16 L/yr

Area Manager Salary
(37 salaries)
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₹6 L/yr - ₹13 L/yr

Sales Manager Salary
(300 salaries)
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₹2.4 L/yr - ₹7.5 L/yr

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₹5.4 L/yr - ₹17.5 L/yr

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₹2.7 L/yr - ₹7.9 L/yr

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₹2.6 L/yr - ₹5.3 L/yr

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₹2.1 L/yr - ₹4 L/yr

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₹3.6 L/yr - ₹4.6 L/yr

View more similar designations

Top trending discussions

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Career Growth
1w (edited)
pleasantfox
·
works at
Insurance Sector
Stability vs Growth
I worked in a company for 20 years and suddenly put off role. Searching jobs I realised I am over age for various roles that I could do and less experienced for Leadership Roles as my exposure was limited. I always thought I am earning decent money and can work another 7 years and retire at 50. Though the younger generation is much smarter I still want to advise them (BFSI specific) * Work in a role for max 2-3 years and switch when you feel you are done. * By age of 30, if you are still earning less than 10 lakh you are not growing * By age of 35 you must become AVP as no company will hire AVP if you are more than 36. *Be loyal to your self, not your organization. * Most importantly save atleast 30% or more of whatever your CTC. Donot spend much with every raise. * Buy a property, and pay loans before 35. In tough times it's only Savings that give you cushion and peace nothing else
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Salary related reviews for HDFC Ergo General Insurance

3.6

Rated by 8 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  updated on 10 Jun 2025

4.0
 for  Salary and Benefits

Likes

Only likings was Salary was on time. Incentive was average. Only best thing was I got my brother like Colleagues who supported me in my bad times.

read more
  • Salary - Good

Dislikes

Everything. Most worst is Sumeet Gupta and Neelima Priyadarshini. Don't enter in the vertical. Its is brooking channel and these two are the Dictator. They used to snatch Incentives from employees and exploit every day with bogus meetings and calls. No ethics no emotions they are useless shits. Worst experience in this vertical due to these two shits. They have no family life so they think we have no family life or personal life neither. Most dirtiest mindset ever.

read more
  • Job security - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  updated on 26 Nov 2024

3.0
 for  Salary and Benefits

Likes

Employee can manage his/her work life balance at this organization.

  • Job security - Excellent
  • +2 more

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.

read more
  • Skill development - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  updated 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.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Other Department

5.0
  •  updated on 14 Jul 2020

5.0
 for  Salary and Benefits

Likes

Manager are more cooperative , i am happy with management and also they will give salary on time in this pandemic situation.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Everything is fine but i am not happy with my salary. Salary is too low as compared my work. I am too dedicated to my work .

read more

Customer Success, Service & Operations Department

5.0
  •  updated on 10 Jun 2020

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

read more
see more salary related reviews

HDFC Ergo General Insurance Retention Manager Salary FAQs

What is the salary of Retention Manager at HDFC Ergo General Insurance ?
The average salary of a Retention Manager at HDFC Ergo General Insurance in India typically ranges from ₹2.3 Lakhs to ₹4.7 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Retention Manager at HDFC Ergo General Insurance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.7 Lakhs per year. Retention Manager Salaries at HDFC Ergo General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 40+ HDFC Ergo General Insurance employees in India.
What is the estimated take home salary of a Retention Manager at HDFC Ergo General Insurance in India?
The estimated take-home salary of a Retention Manager at HDFC Ergo General Insurance in India typically ranges from ₹24,698 to ₹26,141 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹4.7 Lakhs per year for employees with experience ranging from Fresher to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 40+ salaries received from various employees of HDFC Ergo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Retention Manager at HDFC Ergo General Insurance ?
To be a Retention Manager at HDFC Ergo General Insurance in india, the key skills required include:

  • - Renewals
  • - Salesforce
  • - Telesales

These skills are highly valued at HDFC Ergo General Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HDFC Ergo General Insurance for Retention Manager in India?
BYJU'S ₹5.1 Lakhs to ₹13.7 Lakhs per year
Bajaj Allianz Life Insurance ₹3.6 Lakhs to ₹12.0 Lakhs per year
Mahindra Holidays & Resorts ₹5.0 Lakhs to ₹7.0 Lakhs per year
Axis Max Life Insurance ₹3.0 Lakhs to ₹5.8 Lakhs per year
ICICI Lombard General Insurance Company ₹1.8 Lakhs to ₹5.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Ergo General Insurance, depending on the role and experience level.
How the salary growth look like for a Retention Manager at HDFC Ergo General Insurance in India?
The salary growth for a Retention Manager at HDFC Ergo General Insurance depends on factors such as experience, performance, and promotions. On average, a Retention Manager can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience Average Salary Range
Fresher ₹2.9 Lakhs to ₹3.7 Lakhs per year
1 year ₹2.3 Lakhs to ₹5.9 Lakhs per year
2 years ₹2.6 Lakhs to ₹4.0 Lakhs per year
3 years ₹2.9 Lakhs to ₹4.2 Lakhs per year
and so on.

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HDFC Ergo General Insurance Retention Manager salary in India ranges between ₹2.3 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 41 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.