Cholamandalam MS General Insurance Mumbai Agency Manager Salaries by 6 Employees

0 - 4 years exp.

₹3.5 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

7% more than the average Agency Manager Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Agency Manager Salary 1 year exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.9 L/yr
Finance & Accounting Agency Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.9 L/yr
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Marketing & Communication Agency Manager Salary Fresher (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.9 L/yr

Last Updated: 15 Mar 2023

Companies similar to Cholamandalam MS General Insurance for Agency Manager in Mumbai

Cholamandalam MS General Insurance Agency Manager Salary

0 - 4 years exp. (6 salaries)

₹3.5 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Agency Manager Salary 0 - 7 years exp. (26 salaries)	₹2.6 L/yr - ₹4 L/yr 8% less
Axis Max Life Insurance Agency Manager Salary 3 - 12 years exp. (20 salaries)	₹3.5 L/yr - ₹6.5 L/yr 20% more
Login to view exact salary
ManipalCigna Health Insurance Agency Manager Salary 0 - 10 years exp. (14 salaries)	₹2.5 L/yr - ₹4.5 L/yr 3% less
Bharti AXA Life Insurance Agency Manager Salary 0 - 7 years exp. (10 salaries)	₹2.9 L/yr - ₹3.3 L/yr 21% less	2 job openings
Bajaj Allianz Life Insurance Agency Manager Salary 3 - 11 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 35% more

Agency Manager salary at Cholamandalam MS General Insurance ranges between ₹3.5 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Agency Manager salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
1 year (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Deputy Manager Salary

(10 salaries)

₹5.6 L/yr - ₹11 L/yr

Branch Manager Salary

(7 salaries)

₹3.5 L/yr - ₹7 L/yr

Area Manager Salary

(6 salaries)

₹9.5 L/yr - ₹16.9 L/yr

Sales Manager Salary

(3 salaries)

₹4.3 L/yr - ₹6 L/yr

Territory Manager Salary

(3 salaries)

₹7 L/yr - ₹11 L/yr

Salary related reviews for Cholamandalam MS General Insurance

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

Agency Manager in Purnia

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Aug 2021

2.0

for Salary and Benefits

Likes

...ms IT is so weak and it will take atleast more than 5 years to improvise his IT.they are providing good compensation as well, there are no support from HR and supervisor's even is your super boss also don't provide any support.

Skill development - Good

Dislikes

Training part is good in chola ms otherwise any other benefits is vulnerable.

Salary - Poor

Agency Manager in Jaipur

BFSI, Investments & Trading Department

5.0

• posted on 18 May 2018

5.0

for Salary and Benefits

Likes

...NVIRONMENT . QUICK AND PROMPT SERVICE. NICE CAREER GROWTH IN THIS ORGANIZATION. GOOD SALARY AND ALSO GIVEN APPRAISAL. ALL TRAVEL CLAIMS CAME ON TIME . NO ANY POLITICS IN COMPANY. WHO WILL WORK WELL. THEN COMPANY GIVEN PROMOTION AND INCENTIVE ETC.

Salary - Excellent

+5 more

Dislikes

I MOSTLY DISLIKE THAT COMPANY WITHOUT ANY CONVERSATION WITH EMPLOYEE. CHANGE WORKING. FOR EXAMPLE COMPANY GIVEN TABS TO ALL EMPLOYEE. BUT WE CANT DO EXCEL WORK ON IT WHO SECURED WITH IT. LIKE. PRIMUM CALCULATOR. ONE MORE THING WHEN DISCUSSING WITH ALL EMPLOYEES THAN WHY GIVEN TABLET. WHEN WE REQUIRRED LAPTOP FOR WORK. ITS EASY FOR BOTH. FAST WORKING IN LESS TIME. OR ON TAB ITS NOT WORKING PROPERLY. BECAUSE ALL DEPENDS ON RAM. VERY SLOW INTERNET WHEN SUBMITING PROPOSALS IN IT. MOST TIME ITS SYNCRONIGE. FOR 1 PROPOSAL SUBMITING TAKE TIME MORW THEN 15-20 MIN.

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Cholamandalam MS General Insurance Agency Manager Salary FAQs

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

The average salary of a Agency Manager at Cholamandalam MS General Insurance in Mumbai typically ranges from ₹3.5 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Agency Manager in Mumbai at Cholamandalam MS General Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Agency 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 6 Cholamandalam MS General Insurance employees in India.

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

The estimated take-home salary of a Agency Manager at Cholamandalam MS General Insurance in Mumbai typically ranges from ₹26,987 to ₹28,396 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 6 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 Agency Manager in India?

Bajaj Allianz Life Insurance	₹4.0 Lakhs to ₹7.0 Lakhs per year
Axis Max Life Insurance	₹3.5 Lakhs to ₹6.5 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 Agency Manager in companies similar to Cholamandalam MS General Insurance in Mumbai?

The salary of a Agency Manager at companies similar to Cholamandalam MS General Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ManipalCigna Health Insurance	₹2.5 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Health Insurance Co	₹2.6 Lakhs to ₹4.0 Lakhs per year
Bharti AXA Life Insurance	₹2.9 Lakhs to ₹3.3 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 Agency Manager at Cholamandalam MS General Insurance in Mumbai?

The salary growth for a Agency Manager at Cholamandalam MS General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Agency Manager in Mumbai can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience	Average Salary Range
Fresher	₹3.3 Lakhs to ₹4.2 Lakhs per year
1 year	₹3.3 Lakhs to ₹4.2 Lakhs per year
2 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
3 years	₹3.3 Lakhs to ₹4.2 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Agency Manager Salaries in Mumbai

Cholamandalam MS General Insurance Agency Manager salary in Mumbai ranges between ₹3.5 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.