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Cholamandalam MS General Insurance Area Manager salaries in India

Annual salary range
5 - 16 years exp.
₹4.5 Lakhs - ₹15 Lakhs
Salary of majority employees
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11% less than the average Area Manager Salary in Insurance Companies for 5 - 16 years of experience

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Salaries in different departments

Sales & Business Development
Area Manager Salary
5 - 16 years exp. (65 salaries)
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₹4.5 L/yr - ₹12.2 L/yr

BFSI, Investments & Trading
Area Manager Salary
5 - 15 years exp. (34 salaries)
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₹5.3 L/yr - ₹14 L/yr

Marketing & Communication
Area Manager Salary
5 - 16 years exp. (9 salaries)
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₹6.6 L/yr - ₹12 L/yr

Last Updated: 6 Jan 2025

Companies similar to Cholamandalam MS General Insurance for Area Manager

Company name Avg Annual Salary Open Jobs
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₹6.8 L/yr - ₹18.8 L/yr

arrow icon 46% more
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HDFC Ergo General Insurance Area Manager Salary

5 - 20 years exp. (40 salaries)

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₹6 L/yr - ₹12.5 L/yr

arrow icon 4% more
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₹5.2 L/yr - ₹18 L/yr

arrow icon 22% more
1 job opening
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Reliance General Insurance Area Manager Salary

8 - 18 years exp. (20 salaries)

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₹6.9 L/yr - ₹21 L/yr

arrow icon 50% more
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Tata AIG Area Manager Salary

7 - 19 years exp. (23 salaries)

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₹6.3 L/yr - ₹16.5 L/yr

arrow icon 15% more
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SBI General Insurance Area Manager Salary

3 - 21 years exp. (6 salaries)

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₹9 L/yr - ₹15.2 L/yr

arrow icon 37% more
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₹10.1 L/yr - ₹18.5 L/yr

arrow icon 80% more
2 job openings
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Max Life Insurance Area Manager Salary

5 - 18 years exp. (290 salaries)

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₹4.2 L/yr - ₹14.5 L/yr

arrow icon 3% less
8 job openings
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Bajaj Allianz Life Insurance Area Manager Salary

5 - 17 years exp. (204 salaries)

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₹5 L/yr - ₹16.5 L/yr

arrow icon 13% more
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₹7.8 L/yr - ₹17.1 L/yr

arrow icon 48% more
1 job opening
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Aviva Life Insurance India Area Manager Salary

7 - 21 years exp. (40 salaries)

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₹7 L/yr - ₹14 L/yr

arrow icon 36% more
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Bharti AXA Life Insurance Area Manager Salary

7 - 19 years exp. (38 salaries)

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₹6.1 L/yr - ₹16.5 L/yr

arrow icon 22% more
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₹5 L/yr - ₹16.5 L/yr

arrow icon 34% more
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₹7.2 L/yr - ₹12.5 L/yr

arrow icon 20% more
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Shriram General Insurance Area Manager Salary

12 - 20 years exp. (25 salaries)

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₹8.3 L/yr - ₹15 L/yr

arrow icon 31% more
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Edelweiss Life Insurance Area Manager Salary

12 - 20 years exp. (16 salaries)

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₹10 L/yr - ₹16.7 L/yr

arrow icon 67% more
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₹9 L/yr - ₹18.5 L/yr

arrow icon 31% more
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IndiaFirst Life Insurance Area Manager Salary

7 - 17 years exp. (6 salaries)

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₹8 L/yr - ₹13 L/yr

arrow icon 20% more
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₹10 L/yr - ₹17 L/yr

arrow icon 67% more
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Digit Insurance Area Manager Salary

7 - 14 years exp. (5 salaries)

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₹5 L/yr - ₹8.5 L/yr

arrow icon 10% less
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Area Manager salary at Cholamandalam MS General Insurance ranges between ₹4.5 Lakhs to ₹15 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 126 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Area Manager

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Experience wise Cholamandalam MS General Insurance Area Manager salaries

Last Updated: 6 Jan 2025

Experience Avg Annual Salary
5 years  (7 salaries)

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₹5.5 L/yr - ₹7.7 L/yr
6 years  (9 salaries)

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₹6 L/yr - ₹10.2 L/yr
7 years  (6 salaries)

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₹6 L/yr - ₹9.9 L/yr
8 years  (10 salaries)

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₹4.5 L/yr - ₹10.5 L/yr
9 years  (8 salaries)

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₹5.7 L/yr - ₹10.5 L/yr
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Similar Designation salaries in Cholamandalam MS General Insurance

Sales Manager Salary
(193 salaries)
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₹2.1 L/yr - ₹6 L/yr
Branch Manager Salary
(185 salaries)
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₹2.92 L/yr - ₹8 L/yr
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₹5.2 L/yr - ₹13.6 L/yr
Cluster Manager Salary
(17 salaries)
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₹6.5 L/yr - ₹10 L/yr
Deputy Manager Salary
(48 salaries)
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₹5 L/yr - ₹11.2 L/yr
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₹14.5 L/yr - ₹24 L/yr
Marketing Manager Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr
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₹4 L/yr - ₹6.5 L/yr
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₹5 L/yr - ₹11 L/yr
Team Lead Salary
(36 salaries)
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₹2.8 L/yr - ₹9.5 L/yr

Salary related reviews for Cholamandalam MS General Insurance

3.9

Rated by 27 employees for salary & benefits

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...

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

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

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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.

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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.

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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.

read more

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.

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Cholamandalam MS General Insurance Area Manager Salary FAQs

What is the salary of Area Manager at Cholamandalam MS General Insurance?
Area Manager salary at Cholamandalam MS General Insurance in India ranges between ₹4.5 Lakhs to ₹15.0 Lakhs for experience between 5 years to 16 years. According to our estimates it is 11% less than the average Area Manager Salary in India. Salary estimates are based on 126 latest salaries received from various employees of Cholamandalam MS General Insurance India.
How does the salary of a Area Manager at Cholamandalam MS General Insurance India compare with the average salary range for this job?
The average salary of a Area Manager at Cholamandalam MS General Insurance is 11% less than the average salary of a Area Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Cholamandalam MS General Insurance to a Area Manager in India?
  • Future Generali India Life Insurance Area Manager Salary - ₹10.1 Lakhs to ₹18.5 Lakhs per year
  • Edelweiss Life Insurance Area Manager Salary - ₹10.0 Lakhs to ₹16.7 Lakhs per year
  • Ageas Federal Life Insurance Area Manager Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
  • Reliance General Insurance Area Manager Salary - ₹6.9 Lakhs to ₹21.0 Lakhs per year
  • Star Union Dai-ichi Life Insurance Area Manager Salary - ₹7.8 Lakhs to ₹17.1 Lakhs per year
What is the salary of a Area Manager in companies similar to Cholamandalam MS General Insurance in India?
  • ICICI Lombard General Insurance Company Area Manager Salary - ₹6.8 Lakhs to ₹18.8 Lakhs per year
  • SBI General Insurance Area Manager Salary - ₹9.0 Lakhs to ₹15.2 Lakhs per year
  • Aviva Life Insurance India Area Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
  • Aditya Birla Health Insurance Co Area Manager Salary - ₹5.0 Lakhs to ₹16.5 Lakhs per year
  • Pramerica Life Insurance Area Manager Salary - ₹9.0 Lakhs to ₹13.1 Lakhs per year
What is the estimated take home salary of a Area Manager at Cholamandalam MS General Insurance in India?
The estimated take-home salary of a Area Manager at Cholamandalam MS General Insurance ranges between ₹62,067 per month to ₹63,642 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Area Manager salary in India which ranges between ₹4.5 Lakhs to ₹15.0 Lakhs per year for employees with experience between 5 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Area Manager at Cholamandalam MS General Insurance?
According to AmbitionBox, 66% of the Cholamandalam MS General Insurance Area Managers reported a notice period of 3 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 150 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Cholamandalam MS General Insurance Area Manager salary in India ranges between ₹4.5 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 126 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.