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Cholamandalam MS General Insurance

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3.9

based on 1.9k Reviews

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Cholamandalam MS General Insurance Area Manager salaries in Chennai

Annual salary range
6 - 15 years exp.
₹6.5 Lakhs - ₹12 Lakhs
Salary of majority employees
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14% less than the average Area Manager Salary in Insurance Companies for 6 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Manager Salary
6 - 14 years exp. (AmbitionBox Estimate)
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₹5.1 L/yr - ₹10.2 L/yr

Marketing & Communication
Area Manager Salary
15 years exp. (AmbitionBox Estimate)
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₹7.4 L/yr - ₹12 L/yr

Sales & Business Development
Area Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹7.3 L/yr - ₹10 L/yr

Last Updated: 7 Sep 2024

Companies similar to Cholamandalam MS General Insurance for Area Manager in Chennai

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Cholamandalam MS General Insurance Area Manager Salary

6 - 15 years exp. (5 salaries)
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₹6.5 L/yr - ₹12 L/yr

vs
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Tata AIG Area Manager Salary

7 - 15 years exp. (5 salaries)
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₹6.3 L/yr - ₹11.5 L/yr

arrow icon 5% more
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Max Life Insurance Area Manager Salary

5 - 15 years exp. (7 salaries)
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₹4.2 L/yr - ₹10.8 L/yr

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 14 job openings
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Aviva Life Insurance India Area Manager Salary

14 - 19 years exp. (4 salaries)
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₹8.5 L/yr - ₹12.5 L/yr

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Star Union Dai-ichi Life Insurance Area Manager Salary

14 - 17 years exp. (4 salaries)
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₹12 L/yr - ₹13.3 L/yr

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Bharti AXA Life Insurance Area Manager Salary

11 - 15 years exp. (3 salaries)
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₹9.1 L/yr - ₹12.9 L/yr

arrow icon 23% more
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Edelweiss Tokio Life Insurance Area Manager Salary

14 - 17 years exp. (3 salaries)
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₹13.9 L/yr - ₹16.7 L/yr

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Area Manager salary at Cholamandalam MS General Insurance ranges between ₹6.5 Lakhs to ₹12 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Area Manager in Chennai

3mo ago
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10 years exp.
1y ago
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15 years exp.
1y ago
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6 years exp.
1y ago
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14 years exp.

Experience wise Cholamandalam MS General Insurance Area Manager salaries in Chennai

Last Updated: 7 Sep 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹10.2 L/yr
7 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.1 L/yr
8 years (AmbitionBox Estimate)

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₹7.4 L/yr - ₹9.4 L/yr
9 years (AmbitionBox Estimate)

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₹7.6 L/yr - ₹9.7 L/yr
10 years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹15.6 L/yr
View all

Similar Designation salaries in Cholamandalam MS General Insurance

Deputy Manager Salary
(28 salaries)
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₹6.2 L/yr - ₹11 L/yr
Team Lead Salary
(18 salaries)
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₹2.8 L/yr - ₹5.8 L/yr
Sales Manager Salary
(12 salaries)
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₹2.95 L/yr - ₹5 L/yr
Area Sales Manager Salary
(3 salaries)
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₹5.5 L/yr - ₹9.5 L/yr

Salary related reviews for Cholamandalam MS General Insurance

4.6

Rated by 4 employees for salary & benefits

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

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

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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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.

read 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.

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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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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.

read more

Dislikes

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

see more salary related reviews

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a technical project manager
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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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Cholamandalam MS General Insurance Area Manager Salary FAQs

What is the salary of Area Manager at Cholamandalam MS General Insurance Chennai?
Area Manager salary at Cholamandalam MS General Insurance in Chennai ranges between ₹6.5 Lakhs to ₹12.0 Lakhs for experience between 6 years to 15 years. According to our estimates it is 14% less than the average Area Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam MS General Insurance Chennai.
How does the salary of a Area Manager at Cholamandalam MS General Insurance Chennai compare with the average salary range for this job?
The average salary of a Area Manager at Cholamandalam MS General Insurance is 14% less than the average salary of a Area Manager in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than Cholamandalam MS General Insurance to a Area Manager in Chennai?
  • Edelweiss Tokio Life Insurance Area Manager Salary - ₹13.9 Lakhs to ₹16.7 Lakhs per year
  • Star Union Dai-ichi Life Insurance Area Manager Salary - ₹12.0 Lakhs to ₹13.3 Lakhs per year
  • Aviva Life Insurance India Area Manager Salary - ₹8.5 Lakhs to ₹12.5 Lakhs per year
  • Bharti AXA Life Insurance Area Manager Salary - ₹9.1 Lakhs to ₹12.9 Lakhs per year
  • Tata AIG Area Manager Salary - ₹6.3 Lakhs to ₹11.5 Lakhs per year
What is the salary of a Area Manager in companies similar to Cholamandalam MS General Insurance in Chennai?
  • Max Life Insurance Area Manager Salary - ₹4.2 Lakhs to ₹10.8 Lakhs per year
What is the estimated take home salary of a Area Manager at Cholamandalam MS General Insurance in Chennai?
The estimated take-home salary of a Area Manager at Cholamandalam MS General Insurance ranges between ₹64,045 per month to ₹65,676 per month in Chennai. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Area Manager salary in India which ranges between ₹6.5 Lakhs to ₹12.0 Lakhs per year for employees with experience between 6 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Area Manager at Cholamandalam MS General Insurance in Chennai?
According to AmbitionBox, 50% of the Cholamandalam MS General Insurance Area Managers in Chennai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Cholamandalam MS General Insurance Area Manager salary in Chennai ranges between ₹6.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.