Cholamandalam MS General Insurance Agency Development Manager Salaries by 4 Employees (Updated 2025)

3 - 14 years exp.

₹3.6 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

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13% less than the average Agency Development Manager Salary in Insurance Companies for 3 - 14 years of experience

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Salaries in different departments

Sales & Business Development Agency Development Manager Salary 3 - 14 years exp. (3 salaries)	Unlock ₹3.6 L/yr - ₹4 L/yr
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BFSI, Investments & Trading Agency Development Manager Salary 6 years exp. (AmbitionBox Estimate)	Unlock ₹3.6 L/yr - ₹4.3 L/yr

Last Updated: 5 Apr 2024

Companies similar to Cholamandalam MS General Insurance for Agency Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Agency Development Manager Salary 0 - 8 years exp. (6 salaries)	Unlock ₹2.6 L/yr - ₹6 L/yr 8% more
HDFC Ergo General Insurance Agency Development Manager Salary 0 - 8 years exp. (57 salaries)	Unlock ₹2.2 L/yr - ₹4.5 L/yr 12% less
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Bajaj Allianz General Insurance Agency Development Manager Salary 5 - 8 years exp. (6 salaries)	Unlock ₹3.7 L/yr - ₹4.6 L/yr 13% more
Reliance General Insurance Agency Development Manager Salary 3 - 12 years exp. (7 salaries)	Unlock ₹2.2 L/yr - ₹6 L/yr 1% more
Tata AIG Agency Development Manager Salary 1 - 8 years exp. (7 salaries)	Unlock ₹4 L/yr - ₹5.2 L/yr 11% more
SBI General Insurance Agency Development Manager Salary 1 - 4 years exp. (4 salaries)	Unlock ₹2.8 L/yr - ₹4.5 L/yr 1% less
Future Generali India Life Insurance Agency Development Manager Salary 1 - 8 years exp. (6 salaries)	Unlock ₹2.8 L/yr - ₹5.2 L/yr 7% more
Axis Max Life Insurance Agency Development Manager Salary 0 - 13 years exp. (765 salaries)	Unlock ₹2 L/yr - ₹6.5 L/yr 23% more	39 job openings
Bharti AXA Life Insurance Agency Development Manager Salary 0 - 10 years exp. (16 salaries)	Unlock ₹2 L/yr - ₹4.4 L/yr 26% less
Bajaj Allianz Life Insurance Agency Development Manager Salary 1 - 9 years exp. (7 salaries)	Unlock ₹3.1 L/yr - ₹4.5 L/yr 9% more
Edelweiss Life Insurance Agency Development Manager Salary 0 - 5 years exp. (7 salaries)	Unlock ₹2.6 L/yr - ₹2.9 L/yr 28% less
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Ageas Federal Life Insurance Agency Development Manager Salary 2 - 12 years exp. (6 salaries)	Unlock ₹3 L/yr - ₹4.8 L/yr 3% more
ManipalCigna Health Insurance Agency Development Manager Salary 1 - 6 years exp. (6 salaries)	Unlock ₹3 L/yr - ₹4 L/yr 3% less
Life Insurance Corporation of India Agency Development Manager Salary 3 - 12 years exp. (5 salaries)	Unlock ₹2.6 L/yr - ₹5.4 L/yr 15% more
Aditya Birla Health Insurance Co Agency Development Manager Salary 4 - 7 years exp. (5 salaries)	Unlock ₹3.1 L/yr - ₹3.8 L/yr 5% less
Star Union Dai-ichi Life Insurance Agency Development Manager Salary 1 - 16 years exp. (3 salaries)	Unlock ₹2.5 L/yr - ₹4.5 L/yr 8% less

Agency Development Manager salary at Cholamandalam MS General Insurance ranges between ₹3.6 Lakhs to ₹4 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Agency Development Manager salaries

Last Updated: 5 Apr 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹3.6 L/yr - ₹4.6 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹3.6 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹1.6 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹3.4 L/yr - ₹4.4 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹3.4 L/yr - ₹4.4 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹3.4 L/yr - ₹4.3 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹3.3 L/yr - ₹4.3 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹3.6 L/yr - ₹6.6 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹3.3 L/yr - ₹4.2 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹3.6 L/yr - ₹3.6 L/yr

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Similar Designation salaries in Cholamandalam MS General Insurance

Business Development Manager Salary

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Area Sales Manager Salary

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₹11.4 L/yr - ₹14.6 L/yr

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Salary related reviews for Cholamandalam MS General Insurance

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.

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

Promotions - Bad

+3 more

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.

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.

Skill development - Bad

+4 more

Territory Manager in Khammam

Health Insurance Department

5.0

• posted on 15 Feb 2021

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 year.

Salary - Excellent

+6 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.

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.

Salary - Poor

+3 more

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Cholamandalam MS General Insurance Agency Development Manager Salary FAQs

What is the salary of Agency Development Manager at Cholamandalam MS General Insurance?

Agency Development Manager salary at Cholamandalam MS General Insurance in India ranges between ₹3.6 Lakhs to ₹4.0 Lakhs for experience between 3 years to 14 years. According to our estimates it is 13% less than the average Agency Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance India.

How does the salary of a Agency Development Manager at Cholamandalam MS General Insurance India compare with the average salary range for this job?

The average salary of a Agency Development Manager at Cholamandalam MS General Insurance is 13% less than the average salary of a Agency Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam MS General Insurance to a Agency Development Manager in India?

Axis Max Life Insurance Agency Development Manager Salary - ₹2.0 Lakhs to ₹6.5 Lakhs per year
Life Insurance Corporation of India Agency Development Manager Salary - ₹2.6 Lakhs to ₹5.4 Lakhs per year
Bajaj Allianz General Insurance Agency Development Manager Salary - ₹3.7 Lakhs to ₹4.6 Lakhs per year
Tata AIG Agency Development Manager Salary - ₹4.0 Lakhs to ₹5.2 Lakhs per year
Bajaj Allianz Life Insurance Agency Development Manager Salary - ₹3.1 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Agency Development Manager in companies similar to Cholamandalam MS General Insurance in India?

ICICI Lombard General Insurance Company Agency Development Manager Salary - ₹2.6 Lakhs to ₹6.0 Lakhs per year
Future Generali India Life Insurance Agency Development Manager Salary - ₹2.8 Lakhs to ₹5.2 Lakhs per year
Ageas Federal Life Insurance Agency Development Manager Salary - ₹3.0 Lakhs to ₹4.8 Lakhs per year
Reliance General Insurance Agency Development Manager Salary - ₹2.2 Lakhs to ₹6.0 Lakhs per year
SBI General Insurance Agency Development Manager Salary - ₹2.8 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Agency Development Manager at Cholamandalam MS General Insurance in India?

The estimated take-home salary of a Agency Development Manager at Cholamandalam MS General Insurance ranges between ₹27,966 per month to ₹29,360 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Agency Development Manager salary in India which ranges between ₹3.6 Lakhs to ₹4.0 Lakhs per year for employees with experience between 3 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Agency Development Manager at Cholamandalam MS General Insurance?

According to AmbitionBox, 67% of the Cholamandalam MS General Insurance Agency Development Managers reported a notice period of 15 days or less, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Agency Development Manager Salaries

Cholamandalam MS General Insurance Agency Development Manager salary in India ranges between ₹3.6 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.