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Cholamandalam MS General Insurance

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3.8

based on 2k Reviews

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Cholamandalam MS General Insurance Channel Development Executive salaries in India

Annual salary range
0 - 1 year exp.
₹3 Lakhs - ₹3.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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17% less than the average Channel Development Executive Salary in Insurance Companies for 0 - 1 year of experience

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Salaries in different departments

Marketing & Communication
Channel Development Executive Salary
0 - 1 year exp. (3 salaries)
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₹3 L/yr - ₹3.5 L/yr

Sales & Business Development
Channel Development Executive Salary
1 year exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 12 Mar 2023

Companies similar to Cholamandalam MS General Insurance for Channel Development Executive

Company name Avg Annual Salary Open Jobs
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Luminous Power Technologies Channel Development Executive Salary

1 - 6 years exp. (9 salaries)
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₹2.7 L/yr - ₹4.2 L/yr

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Double A Channel Development Executive Salary

5 - 9 years exp. (4 salaries)
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₹4.5 L/yr - ₹6.5 L/yr

arrow icon 89% more
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Amara Raja Energy & Mobility Channel Development Executive Salary

5 - 9 years exp. (4 salaries)
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₹2.8 L/yr - ₹7.6 L/yr

arrow icon 9% less
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Godrej Consumer Products Channel Development Executive Salary

10 - 15 years exp. (4 salaries)
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₹9 L/yr - ₹12 L/yr

arrow icon 214% more
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Supermax Personal Care Channel Development Executive Salary

2 - 12 years exp. (4 salaries)
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₹2.5 L/yr - ₹2.9 L/yr

arrow icon 17% less
Channel Development Executive salary at Cholamandalam MS General Insurance ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Channel Development Executive

1y ago
₹3 Lakhs
7 months exp.
1y ago
₹3.5 Lakhs
1 year exp.
1y ago
₹3.5 Lakhs
8 months exp.
1y ago
₹3.5 Lakhs
1 year exp.

Experience wise Cholamandalam MS General Insurance Channel Development Executive salaries

Last Updated: 12 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Business Development Executive Salary
(3 salaries)
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₹2 L/yr - ₹3.5 L/yr
Business Development Associate Salary
(3 salaries)
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₹4 L/yr - ₹7.2 L/yr
Senior Sales Executive Salary
(17 salaries)
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₹2.85 L/yr - ₹4.55 L/yr
Business Development Manager Salary
(59 salaries)
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₹2.6 L/yr - ₹13 L/yr
Sales Executive Salary
(83 salaries)
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₹1.4 L/yr - ₹4.25 L/yr
MIS Executive Salary
(13 salaries)
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₹2.25 L/yr - ₹3.75 L/yr
Senior Sales Officer Salary
(4 salaries)
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₹3.09 L/yr - ₹5 L/yr
Sales Coordinator Salary
(3 salaries)
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₹2.5 L/yr - ₹4.4 L/yr
Sales Associate Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

Salary related reviews for Cholamandalam MS General Insurance

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.

read more

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
  • 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.

read more
  • 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.

read more
  • Skill development - Bad
    • +4 more

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
  • Salary - Excellent
    • +6 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.

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.

read more
  • Salary - Poor
    • +3 more
see more salary related reviews

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New offer. Confused.
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 Channel Development Executive Salary FAQs

What is the salary of Channel Development Executive at Cholamandalam MS General Insurance ?
The average salary of a Channel Development Executive at Cholamandalam MS General Insurance in India typically ranges from ₹3.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Channel Development Executive at Cholamandalam MS General Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Channel Development Executive 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 4 Cholamandalam MS General Insurance employees in India.
What is the estimated take home salary of a Channel Development Executive at Cholamandalam MS General Insurance in India?
The estimated take-home salary of a Channel Development Executive at Cholamandalam MS General Insurance in India typically ranges from ₹23,413 to ₹24,876 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 1 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 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 Channel Development Executive in India?
Godrej Consumer Products ₹9.0 Lakhs to ₹12.0 Lakhs per year
Double A ₹4.5 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 Channel Development Executive in companies similar to Cholamandalam MS General Insurance in India?
The salary of a Channel Development Executive at companies similar to Cholamandalam MS General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Luminous Power Technologies ₹2.7 Lakhs to ₹4.2 Lakhs per year
Amara Raja Energy & Mobility ₹2.8 Lakhs to ₹7.6 Lakhs per year
Supermax Personal Care ₹2.5 Lakhs to ₹2.9 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 Channel Development Executive at Cholamandalam MS General Insurance in India?
The salary growth for a Channel Development Executive at Cholamandalam MS General Insurance depends on factors such as experience, performance, and promotions. On average, a Channel Development Executive can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
Fresher ₹2.7 Lakhs to ₹3.5 Lakhs per year
1 year ₹3.1 Lakhs to ₹4.0 Lakhs per year
and so on.

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Cholamandalam MS General Insurance Channel Development Executive Salaries by Location

Cholamandalam MS General Insurance Channel Development Executive salary in India ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.