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Cholamandalam MS General Insurance

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3.8

based on 2k Reviews

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Cholamandalam MS General Insurance Administration Manager salaries in India (Updated 2025)

Annual salary range
8 - 19 years exp.
₹4.8 Lakhs - ₹9.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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9% less than the average Administration Manager Salary in Insurance Companies for 8 - 19 years of experience

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Salaries in different departments

Administration & Facilities
Administration Manager Salary
8 - 19 years exp. (12 salaries)
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₹5.1 L/yr - ₹9.5 L/yr

BFSI, Investments & Trading
Administration Manager Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹4.8 L/yr - ₹6.8 L/yr

Last Updated: 31 Mar 2025

Companies similar to Cholamandalam MS General Insurance for Administration Manager

Company name Avg Annual Salary Open Jobs
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Axis Max Life Insurance Administration Manager Salary

0 - 8 years exp. (11 salaries)
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₹3.4 L/yr - ₹7 L/yr

arrow icon 38% less
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Bajaj Allianz Life Insurance Administration Manager Salary

10 - 14 years exp. (7 salaries)
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₹11.2 L/yr - ₹17.1 L/yr

arrow icon 119% more
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Aviva Life Insurance India Administration Manager Salary

14 - 17 years exp. (4 salaries)
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₹6.8 L/yr - ₹8.3 L/yr

arrow icon 5% more
 1 job opening
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SBI General Insurance Administration Manager Salary

11 - 14 years exp. (4 salaries)
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₹5.3 L/yr - ₹7.2 L/yr

arrow icon 18% less
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Life Insurance Corporation of India Administration Manager Salary

25 - 32 years exp. (4 salaries)
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₹18.9 L/yr - ₹30 L/yr

arrow icon 171% more
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Medi Assist India Administration Manager Salary

8 - 21 years exp. (4 salaries)
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₹4.8 L/yr - ₹12 L/yr

arrow icon 8% more
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Universal Sompo General Insurance Administration Manager Salary

15 - 17 years exp. (3 salaries)
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₹10.5 L/yr - ₹14.8 L/yr

arrow icon 74% more
Administration Manager salary at Cholamandalam MS General Insurance ranges between ₹4.8 Lakhs to ₹9.5 Lakhs per year for employees with experience between 8 years to 19 years. Salary estimates are based on 14 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Administration Manager

3d ago
₹4.9 Lakhs
10 years exp.
3mo ago
₹5.5 Lakhs
14 years exp.
6mo ago
₹9.5 Lakhs
19 years exp.
9mo ago
₹4.8 Lakhs
9 years exp.
1y ago
₹8.7 Lakhs
15 years exp.
1y ago
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13 years exp.
1y ago
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14 years exp.
1y ago
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13 years exp.

Experience wise Cholamandalam MS General Insurance Administration Manager salaries

Last Updated: 31 Mar 2025

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8.1 L/yr
9 years (AmbitionBox Estimate)

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₹6.4 L/yr - ₹8.1 L/yr
10 years (AmbitionBox Estimate)

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₹6.4 L/yr - ₹8.2 L/yr
11 years  (3 salaries)

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₹5.1 L/yr - ₹12.9 L/yr
12 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.3 L/yr
View all

Similar Designation salaries in Cholamandalam MS General Insurance

Administration Officer Salary
(6 salaries)
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₹2.7 L/yr - ₹4.05 L/yr
Operations Manager Salary
(14 salaries)
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₹1 L/yr - ₹9 L/yr
Administration Assistant Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
Administration Executive Salary
(5 salaries)
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₹1.8 L/yr - ₹6 L/yr
Deputy Manager Salary
(66 salaries)
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₹4 L/yr - ₹11.25 L/yr
System Administrator Salary
(5 salaries)
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₹1.4 L/yr - ₹3 L/yr
Sales Coordinator Salary
(3 salaries)
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₹2.5 L/yr - ₹4.4 L/yr
Computer Operator Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
Accountant Salary
(5 salaries)
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₹0.7 L/yr - ₹4.15 L/yr
Data Entry Operator Salary
(5 salaries)
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₹1 L/yr - ₹3 L/yr

Salary related reviews for Cholamandalam MS General Insurance

4.2

Rated by 7 employees for salary & benefits

Deputy Manager in Chennai

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 15 Feb 2022
3.0
 for  Salary and Benefits

Likes

The company provides a very high job security and you would never face any delays in salary. The leaves offered by the company are also good in comparison to other companies.

read more
  • Job security - Excellent

Dislikes

The companies culture is not meant for youngsters or people who wants to work in a challenging and learning environment. A lot of People in this company are working since 10-15 years and have a very rigid mentality and approach towards work. The gowth trajectory is very slow and the learning curve is also flat.

read more
  • Skill development - Bad
    • +4 more

Back Office Executive in New Delhi

BFSI, Investments & Trading Department

2.0
  •  posted on 11 Oct 2018
1.0
 for  Salary and Benefits

Likes

My colleagues only

  • Company culture - Good

Dislikes

...k office employee but after chaning profile as customer retaintion excutive i.e. sales profile back office, bcz of cost cutting doing all type of work from a single employee, pathetic experiance

read more
  • Salary - Bad
    • +5 more

Area Manager in Bikaner

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 20 Nov 2024
3.0
 for  Salary and Benefits

Likes

Good company. Having Employee friendly. Happy to work here...

  • Skill development - Excellent
    • +5 more

Dislikes

Only In company promotion you can't get salary hike as you deserved . Some of the points your salary is laser then your colleagues and team.

read more

Sales Manager in New Delhi

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 07 Aug 2023
3.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Appraisals are terrible here even if achieved 275% of ytd target they increase only 7% of salary..no personal life teams meeting every now and then infact after working hours also, continue warning of termination if you fail to achieve daily numbers

read more
  • Promotions - Bad
    • +3 more

Agency Manager in Ahmednagar

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 06 Jan 2023
2.0
 for  Salary and Benefits

Likes

Murugappa group is a very big group, One of them is Chola General Insurance. Salary is good in the company.

read more

Dislikes

The company has a great name, but the company's senior front-line executives are not doing well in support.. The company does not use today's technology in the work.

read more
  • Salary - Poor
    • +3 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

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Salary Discussions, Hike & Promotions
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kirayagami1
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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible
Nagarro offer: Kindly Help me to decide
Option 1
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Cholamandalam MS General Insurance Administration Manager Salary FAQs

What is the salary of Administration Manager at Cholamandalam MS General Insurance ?
The average salary of a Administration Manager at Cholamandalam MS General Insurance in India typically ranges from ₹4.8 Lakhs to ₹9.5 Lakhs per year, depending on experience (from 8 years to 19 years).

The top 10% of Administration Manager at Cholamandalam MS General Insurance earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. Administration Manager Salaries at Cholamandalam MS 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 10+ Cholamandalam MS General Insurance employees in India.
What is the estimated take home salary of a Administration Manager at Cholamandalam MS General Insurance in India?
The estimated take-home salary of a Administration Manager at Cholamandalam MS General Insurance in India typically ranges from ₹54,109 to ₹55,459 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from 8 years to 19 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 10+ salaries received from various employees of Cholamandalam MS General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Cholamandalam MS General Insurance for Administration Manager in India?
Life Insurance Corporation of India ₹18.9 Lakhs to ₹30.0 Lakhs per year
Bajaj Allianz Life Insurance ₹11.2 Lakhs to ₹17.1 Lakhs per year
Universal Sompo General Insurance ₹10.5 Lakhs to ₹14.8 Lakhs per year
Medi Assist India ₹4.8 Lakhs to ₹12.0 Lakhs per year
Aviva Life Insurance India ₹6.8 Lakhs to ₹8.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Cholamandalam MS General Insurance, depending on the role and experience level.
What is the salary of a Administration Manager in companies similar to Cholamandalam MS General Insurance in India?
The salary of a Administration Manager at companies similar to Cholamandalam MS General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI General Insurance ₹5.3 Lakhs to ₹7.2 Lakhs per year
Axis Max Life Insurance ₹3.4 Lakhs to ₹7.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Administration Manager at Cholamandalam MS General Insurance in India?
The salary growth for a Administration Manager at Cholamandalam MS General Insurance depends on factors such as experience, performance, and promotions. On average, a Administration Manager can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
8 years ₹6.3 Lakhs to ₹8.1 Lakhs per year
9 years ₹6.4 Lakhs to ₹8.1 Lakhs per year
10 years ₹6.4 Lakhs to ₹8.2 Lakhs per year
11 years ₹5.1 Lakhs to ₹12.9 Lakhs per year
and so on.

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Cholamandalam MS General Insurance Administration Manager Salaries by Location

Cholamandalam MS General Insurance Administration Manager salary in India ranges between ₹4.8 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.