Cholamandalam MS General Insurance Chief Manager Salaries by 20+ Employees (Updated 2025)

8 - 22 years exp.

₹19 Lakhs - ₹30 Lakhs

Salary of majority employees

9% more than the average Chief Manager Salary in Insurance Companies for 8 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading Chief Manager Salary 8 - 22 years exp. (6 salaries)	₹20 L/yr - ₹30 L/yr
Finance & Accounting Chief Manager Salary 19 - 22 years exp. (5 salaries)	₹19.1 L/yr - ₹24 L/yr
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Product Management Chief Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹22.5 L/yr - ₹26.6 L/yr
Strategic & Top Management Chief Manager Salary 10 - 13 years exp. (AmbitionBox Estimate)	₹25.1 L/yr - ₹28.5 L/yr

Last Updated: 29 Dec 2024

Companies similar to Cholamandalam MS General Insurance for Chief Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Chief Manager Salary 3 - 19 years exp. (441 salaries)	₹9.5 L/yr - ₹22 L/yr 32% less
Reliance General Insurance Chief Manager Salary 10 - 20 years exp. (48 salaries)	₹8.1 L/yr - ₹24 L/yr 35% less
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Tata AIG Chief Manager Salary 1 - 14 years exp. (274 salaries)	₹8.8 L/yr - ₹24 L/yr 30% less
SBI General Insurance Chief Manager Salary 4 - 20 years exp. (58 salaries)	₹11.5 L/yr - ₹27 L/yr 30% less
Max Life Insurance Chief Manager Salary 13 - 20 years exp. (134 salaries)	₹11.9 L/yr - ₹31.8 L/yr 7% less	4 job openings
Aditya Birla Health Insurance Co Chief Manager Salary 5 - 19 years exp. (62 salaries)	₹12 L/yr - ₹36.5 L/yr 4% less
Bajaj Allianz Life Insurance Chief Manager Salary 7 - 21 years exp. (59 salaries)	₹12.5 L/yr - ₹37.8 L/yr 7% more
Edelweiss Life Insurance Chief Manager Salary 4 - 18 years exp. (50 salaries)	₹11 L/yr - ₹25 L/yr 34% less
Pramerica Life Insurance Chief Manager Salary 8 - 21 years exp. (12 salaries)	₹19.9 L/yr - ₹30 L/yr 4% less
Life Insurance Corporation of India Chief Manager Salary 29 - 32 years exp. (5 salaries)	₹8 L/yr - ₹25 L/yr 23% less
MetLife Chief Manager Salary 3 - 22 years exp. (4 salaries)	₹1 L/yr - ₹31.9 L/yr 33% less
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Bharti AXA Life Insurance Chief Manager Salary 14 - 20 years exp. (4 salaries)	₹11.6 L/yr - ₹15 L/yr 48% less
Gallagher Chief Manager Salary 7 - 13 years exp. (3 salaries)	₹15 L/yr - ₹17.5 L/yr 30% less

Chief Manager salary at Cholamandalam MS General Insurance ranges between ₹19 Lakhs to ₹30 Lakhs per year for employees with experience between 8 years to 22 years. Salary estimates are based on 20 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Chief Manager salaries

Last Updated: 29 Dec 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹26.7 L/yr
9 years (AmbitionBox Estimate)	₹22.9 L/yr - ₹29.2 L/yr
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10 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹30 L/yr
11 years (AmbitionBox Estimate)	₹20.7 L/yr - ₹44.9 L/yr
12 years (AmbitionBox Estimate)	₹22.5 L/yr - ₹25 L/yr
13 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹28.5 L/yr
14 years (AmbitionBox Estimate)	₹21.8 L/yr - ₹27.8 L/yr
15+ years (12 salaries)	₹19 L/yr - ₹24.3 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

Area Manager Salary

(109 salaries)

₹5.25 L/yr - ₹15.8 L/yr

Sales Manager Salary

(203 salaries)

₹2 L/yr - ₹6 L/yr

Credit Manager Salary

(5 salaries)

₹4.7 L/yr - ₹8 L/yr

Cluster Manager Salary

(17 salaries)

₹6.5 L/yr - ₹10 L/yr

Branch Manager Salary

(209 salaries)

₹2.92 L/yr - ₹8.82 L/yr

Deputy Manager Salary

(46 salaries)

₹4 L/yr - ₹11.2 L/yr

Territory Manager Salary

(35 salaries)

₹5 L/yr - ₹11 L/yr

Operations Manager Salary

(14 salaries)

₹1 L/yr - ₹9 L/yr

Area Sales Manager Salary

(39 salaries)

₹5.11 L/yr - ₹13.6 L/yr

Sales Officer Salary

(26 salaries)

₹2 L/yr - ₹4.52 L/yr

Salary related reviews for Cholamandalam MS General Insurance

4.5

Rated by 3 employees for salary & benefits

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

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.

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

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

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Cholamandalam MS General Insurance Chief Manager Salary FAQs

What is the salary of Chief Manager at Cholamandalam MS General Insurance?

Chief Manager salary at Cholamandalam MS General Insurance in India ranges between ₹19.0 Lakhs to ₹30.0 Lakhs for experience between 8 years to 22 years. According to our estimates it is 9% more than the average Chief Manager Salary in India. Salary estimates are based on 20 latest salaries received from various employees of Cholamandalam MS General Insurance India.

How does the salary of a Chief Manager at Cholamandalam MS General Insurance India compare with the average salary range for this job?

The average salary of a Chief Manager at Cholamandalam MS General Insurance is 9% more than the average salary of a Chief Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam MS General Insurance to a Chief Manager in India?

Bajaj Allianz Life Insurance Chief Manager Salary - ₹12.5 Lakhs to ₹37.8 Lakhs per year

What is the salary of a Chief Manager in companies similar to Cholamandalam MS General Insurance in India?

Pramerica Life Insurance Chief Manager Salary - ₹19.9 Lakhs to ₹30.0 Lakhs per year
Aditya Birla Health Insurance Co Chief Manager Salary - ₹12.0 Lakhs to ₹36.5 Lakhs per year
Max Life Insurance Chief Manager Salary - ₹11.9 Lakhs to ₹31.8 Lakhs per year
Life Insurance Corporation of India Chief Manager Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
SBI General Insurance Chief Manager Salary - ₹11.5 Lakhs to ₹27.0 Lakhs per year

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

The estimated take-home salary of a Chief Manager at Cholamandalam MS General Insurance ranges between ₹1,52,904 per month to ₹1,58,681 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Chief Manager salary in India which ranges between ₹19.0 Lakhs to ₹30.0 Lakhs per year for employees with experience between 8 years to 22 years. Check how did we calculate take home salary?

What is the notice period for Chief Manager at Cholamandalam MS General Insurance?

According to AmbitionBox, 85% of the Cholamandalam MS General Insurance Chief Managers reported a notice period of 3 Months, 7% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Chief Manager Salaries

Cholamandalam MS General Insurance Chief Manager salary in India ranges between ₹19 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.