Cholamandalam MS General Insurance Chennai Assistant Manager Salaries by 10+ Employees (Updated 2025)

1 - 6 years exp.

₹2.2 Lakhs - ₹8 Lakhs

Avg. annual salary

Monthly In-hand Salary

33% less than the average Assistant Manager Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

Legal & Regulatory Assistant Manager Salary 1 - 5 years exp. (6 salaries)	₹4.4 L/yr - ₹6.4 L/yr
Engineering - Software & QA Assistant Manager Salary 2 - 5 years exp. (3 salaries)	₹5 L/yr - ₹7.5 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 3 - 6 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.5 L/yr
Data Science & Analytics Assistant Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7 L/yr
BFSI, Investments & Trading Assistant Manager Salary 2 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹8 L/yr

View all

Last Updated: 14 Mar 2025

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

Cholamandalam MS General Insurance Assistant Manager Salary

1 - 6 years exp. (16 salaries)

₹2.2 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Royal Sundaram General Insurance Assistant Manager Salary 3 - 15 years exp. (21 salaries)	₹5.2 L/yr - ₹17 L/yr 93% more
Medi Assist India Assistant Manager Salary 5 - 11 years exp. (16 salaries)	₹4 L/yr - ₹8.6 L/yr 13% more	2 job openings
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SBI General Insurance Assistant Manager Salary 5 - 10 years exp. (9 salaries)	₹3.6 L/yr - ₹7.3 L/yr 23% less
Star Union Dai-ichi Life Insurance Assistant Manager Salary 4 - 10 years exp. (9 salaries)	₹2.3 L/yr - ₹4.9 L/yr 20% less
Future Generali India Life Insurance Assistant Manager Salary 2 - 12 years exp. (8 salaries)	₹4.5 L/yr - ₹7.9 L/yr 38% more
IndiaFirst Life Insurance Assistant Manager Salary 4 - 7 years exp. (4 salaries)	₹5.1 L/yr - ₹5.7 L/yr 3% less
Shriram General Insurance Assistant Manager Salary 4 - 6 years exp. (4 salaries)	₹2.9 L/yr - ₹6 L/yr 13% less

Assistant Manager salary at Cholamandalam MS General Insurance ranges between ₹2.2 Lakhs to ₹8 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 16 latest salaries received from various employees of Cholamandalam MS General Insurance.

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

4w ago

₹6 Lakhs

5 years exp.

1mo ago

₹2.7 Lakhs

6 years exp.

1mo ago

₹7 Lakhs

2 years exp.

3mo ago

₹6 Lakhs

5 years exp.

4mo ago

₹7 Lakhs

1 year exp.

6mo ago

2 years exp.

6mo ago

2 years exp.

8mo ago

4 years exp.

10mo ago

1 year exp.

11mo ago

2 years exp.

Experience wise Cholamandalam MS General Insurance Assistant Manager salaries in Chennai

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
2 years (5 salaries)	₹4.4 L/yr - ₹8 L/yr
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3 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
5 years (3 salaries)	₹2.3 L/yr - ₹7.5 L/yr
6 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

Senior Officer Salary

(39 salaries)

₹2.4 L/yr - ₹4.05 L/yr

Deputy Manager Salary

(35 salaries)

₹6.2 L/yr - ₹11 L/yr

Sales Manager Salary

(11 salaries)

₹3.15 L/yr - ₹5 L/yr

Relationship Manager Salary

(8 salaries)

₹3.5 L/yr - ₹4.1 L/yr

Salary related reviews for Cholamandalam MS General Insurance

4.0

Rated by 1 employees for salary & benefits

Assistant Manager in Bhubaneswar

Claims Department

5.0

• posted on 13 Apr 2022

5.0

for Salary and Benefits

Likes

...nd support from management and reporting boss with a good team work environment. Company policies are good and gives good salary in time.

Salary - Excellent

+5 more

Dislikes

During the period of my job not getting any appraisal, due to harassment I quite my job.

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

Senior Officer in Trichy

BFSI, Investments & Trading Department

5.0

• posted on 23 Apr 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good, appraisals are ok and they give salary hike and bonus every year.

Salary - Excellent

+4 more

Dislikes

Career growth is taking more time..they identify the good employees and they trying to help their growth bt it's not approved by management

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.

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Cholamandalam MS General Insurance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Cholamandalam MS General Insurance in Chennai?

The average salary of a Assistant Manager at Cholamandalam MS General Insurance in Chennai typically ranges from ₹2.2 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Assistant Manager in Chennai at Cholamandalam MS General Insurance earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Assistant 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 10+ Cholamandalam MS General Insurance employees in India.

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

The estimated take-home salary of a Assistant Manager at Cholamandalam MS General Insurance in Chennai typically ranges from ₹42,295 to ₹43,426 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 10+ 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 Assistant Manager in India?

Royal Sundaram General Insurance	₹5.2 Lakhs to ₹17.0 Lakhs per year
Future Generali India Life Insurance	₹4.5 Lakhs to ₹7.9 Lakhs per year
Medi Assist India	₹4.0 Lakhs to ₹8.6 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 Assistant Manager in companies similar to Cholamandalam MS General Insurance in Chennai?

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

IndiaFirst Life Insurance	₹5.1 Lakhs to ₹5.7 Lakhs per year
Shriram General Insurance	₹2.9 Lakhs to ₹6.0 Lakhs per year
Star Union Dai-ichi Life Insurance	₹2.3 Lakhs to ₹4.9 Lakhs per year
SBI General Insurance	₹3.6 Lakhs to ₹7.3 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 Assistant Manager at Cholamandalam MS General Insurance in Chennai?

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

Experience	Average Salary Range
1 year	₹4.9 Lakhs to ₹6.2 Lakhs per year
2 years	₹4.4 Lakhs to ₹8.0 Lakhs per year
3 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
4 years	₹5.1 Lakhs to ₹6.5 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Assistant Manager Salaries in Chennai

Cholamandalam MS General Insurance Assistant Manager salary in Chennai ranges between ₹2.2 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Assistant Manager salaries in Chennai (Updated 2025)

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

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

Experience wise Cholamandalam MS General Insurance Assistant Manager salaries in Chennai

Similar Designation salaries in Cholamandalam MS General Insurance

Salary related reviews for Cholamandalam MS General Insurance

Assistant Manager in Bhubaneswar

Sales Manager in New Delhi

Deputy Manager in Chennai

Senior Officer in Trichy

Area Manager in Bikaner

Cholamandalam MS General Insurance Assistant Manager Salary FAQs

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