Cholamandalam MS General Insurance Mumbai Area Head Salaries by 20+ Employees (Updated 2025)

6 - 18 years exp.

₹4.6 Lakhs - ₹17 Lakhs

Salary of majority employees

At par with the average Area Head Salary in Insurance Companies for 6 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Head Salary 6 - 18 years exp. (8 salaries)	₹4.6 L/yr - ₹16.5 L/yr
Sales & Business Development Area Head Salary 7 - 15 years exp. (6 salaries)	₹6.9 L/yr - ₹13.7 L/yr
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Marketing & Communication Area Head Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹10 L/yr

Last Updated: 20 Nov 2024

Companies similar to Cholamandalam MS General Insurance for Area Head in Mumbai

Cholamandalam MS General Insurance Area Head Salary

6 - 18 years exp. (23 salaries)

₹4.6 L/yr - ₹17 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Area Head Salary 3 - 17 years exp. (4 salaries)	₹5 L/yr - ₹16 L/yr 14% more
HDFC Ergo General Insurance Area Head Salary 12 - 18 years exp. (4 salaries)	₹11 L/yr - ₹18.7 L/yr 54% more
Login to view exact salary
Future Generali India Life Insurance Area Head Salary 14 - 18 years exp. (4 salaries)	₹12 L/yr - ₹15 L/yr 42% more	1 job opening
Axis Max Life Insurance Area Head Salary 6 - 17 years exp. (16 salaries)	₹6.2 L/yr - ₹15 L/yr 1% more	1 job opening
Star Union Dai-ichi Life Insurance Area Head Salary 11 - 16 years exp. (7 salaries)	₹12.2 L/yr - ₹16 L/yr 33% more
Bharti AXA Life Insurance Area Head Salary 11 - 19 years exp. (4 salaries)	₹9 L/yr - ₹9.5 L/yr 4% less

Area Head salary at Cholamandalam MS General Insurance ranges between ₹4.6 Lakhs to ₹17 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 23 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Area Head salaries in Mumbai

Last Updated: 20 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹13.1 L/yr
7 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹9.2 L/yr
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8 years (AmbitionBox Estimate)	₹5 L/yr - ₹14.5 L/yr
9 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹10 L/yr
10 years (4 salaries)	₹6.9 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹7 L/yr - ₹16.5 L/yr
12 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹17.2 L/yr
13 years (3 salaries)	₹8 L/yr - ₹11.3 L/yr
14 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹16 L/yr
15+ years (6 salaries)	₹4.5 L/yr - ₹17 L/yr

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From

Area Head

6 - 18 years exp.

State Head

₹

Lakhs/yr

11 - 20 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Cholamandalam MS General Insurance

Deputy Manager Salary

(6 salaries)

₹6 L/yr - ₹11 L/yr

Branch Manager Salary

(6 salaries)

₹3.5 L/yr - ₹6.6 L/yr

Area Manager Salary

(6 salaries)

₹8.18 L/yr - ₹10.2 L/yr

Sales Manager Salary

(4 salaries)

₹3.88 L/yr - ₹6.5 L/yr

Sales Executive Salary

(3 salaries)

₹3.15 L/yr - ₹3.2 L/yr

Salary related reviews for Cholamandalam MS General Insurance

3.1

Rated by 5 employees for salary & benefits

Area Head in Pune

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 17 Jan 2023

5.0

for Salary and Benefits

Likes

...nts like tata, icici, Hdfc far better. No stress and dirty internal politics. Variables pay also high as compare to mention company.

Salary - Excellent

+6 more

Dislikes

weekly 1 off, need to change in 5 day working week.

Area Head in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 15 Apr 2022

3.0

for Salary and Benefits

Likes

Overall company is good. Working culture is satisfactory. Salary compensation is also as per industry norms .

Dislikes

I can't say much because I am not dissatisfied with company,I am dissatisfied with my channel. But still I can say company should change their approach according to the market competition. Orthodox and old system should change time to time.

Skill development - Poor

+1 more

Area Head in New Delhi

BFSI, Investments & Trading Department

4.0

• posted on 03 Jul 2019

4.0

for Salary and Benefits

Likes

Good work environment. Employee oriented Company. Gives value to employees at all level. Platform to learn a lot with different verticals and challanges.

Salary - Good

+6 more

Dislikes

Compensation is decent but growth is little slow. Frequent changes in verticals, which somehow impact on individual's growth, in my opinion.

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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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Cholamandalam MS General Insurance Area Head Salary FAQs

What is the salary of Area Head at Cholamandalam MS General Insurance Mumbai?

Area Head salary at Cholamandalam MS General Insurance in Mumbai ranges between ₹4.6 Lakhs to ₹17.0 Lakhs for experience between 6 years to 18 years. According to our estimates it is 4% less than the average Area Head Salary in India. Salary estimates are based on 23 latest salaries received from various employees of Cholamandalam MS General Insurance Mumbai.

How does the salary of a Area Head at Cholamandalam MS General Insurance Mumbai compare with the average salary range for this job?

The average salary of a Area Head at Cholamandalam MS General Insurance is 4% less than the average salary of a Area Head in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam MS General Insurance to a Area Head in Mumbai?

HDFC Ergo General Insurance Area Head Salary - ₹11.0 Lakhs to ₹18.7 Lakhs per year
Future Generali India Life Insurance Area Head Salary - ₹12.0 Lakhs to ₹15.0 Lakhs per year
Star Union Dai-ichi Life Insurance Area Head Salary - ₹12.2 Lakhs to ₹16.0 Lakhs per year
ICICI Lombard General Insurance Company Area Head Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
Axis Max Life Insurance Area Head Salary - ₹6.2 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Area Head in companies similar to Cholamandalam MS General Insurance in Mumbai?

Bharti AXA Life Insurance Area Head Salary - ₹9.0 Lakhs to ₹9.5 Lakhs per year

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

The estimated take-home salary of a Area Head at Cholamandalam MS General Insurance ranges between ₹69,282 per month to ₹71,061 per month in Mumbai. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Area Head salary in India which ranges between ₹4.6 Lakhs to ₹17.0 Lakhs per year for employees with experience between 6 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Area Head at Cholamandalam MS General Insurance in Mumbai?

According to AmbitionBox, 60% of the Cholamandalam MS General Insurance Area Heads in Mumbai reported a notice period of 1 Month, 40% reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Area Head Salaries in Mumbai

Cholamandalam MS General Insurance Area Head salary in Mumbai ranges between ₹4.6 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.