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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 Chief Manager salaries in Mumbai

Annual salary range
11 - 20 years exp.
₹20 Lakhs - ₹24.3 Lakhs
Salary of majority employees
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5% more than the average Chief Manager Salary in Insurance Companies for 11 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Chief Manager Salary
16 - 17 years exp. (AmbitionBox Estimate)
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₹24 L/yr - ₹26.1 L/yr

Product Management
Chief Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹22.5 L/yr - ₹25.7 L/yr

Last Updated: 29 Dec 2024

Companies similar to Cholamandalam MS General Insurance for Chief Manager in Mumbai

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Cholamandalam MS General Insurance Chief Manager Salary

11 - 20 years exp. (5 salaries)
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₹20 L/yr - ₹24.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Lombard General Insurance Company Chief Manager Salary

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₹10 L/yr - ₹22 L/yr

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Reliance General Insurance Chief Manager Salary

5 - 20 years exp. (27 salaries)
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₹10.1 L/yr - ₹22.3 L/yr

arrow icon 30% less
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Tata AIG Chief Manager Salary

1 - 15 years exp. (163 salaries)
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₹9.6 L/yr - ₹26.3 L/yr

arrow icon 24% less
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SBI General Insurance Chief Manager Salary

4 - 20 years exp. (26 salaries)
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₹12 L/yr - ₹27 L/yr

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Aditya Birla Health Insurance Co Chief Manager Salary

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₹13.3 L/yr - ₹36.2 L/yr

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Edelweiss Life Insurance Chief Manager Salary

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₹11 L/yr - ₹25 L/yr

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Ageas Federal Life Insurance Chief Manager Salary

9 - 17 years exp. (17 salaries)
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₹16.6 L/yr - ₹43.3 L/yr

arrow icon 18% more
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Bajaj Allianz Life Insurance Chief Manager Salary

7 - 21 years exp. (16 salaries)
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₹18 L/yr - ₹31.7 L/yr

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Max Life Insurance Chief Manager Salary

13 - 20 years exp. (14 salaries)
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₹12.6 L/yr - ₹30 L/yr

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 5 job openings
Chief Manager salary at Cholamandalam MS General Insurance ranges between ₹20 Lakhs to ₹24.3 Lakhs per year for employees with experience between 11 years to 20 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 Chief Manager in Mumbai

1mo ago
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17 years exp.
1y ago
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16 years exp.
1y ago
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12 years exp.
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20 years exp.

Experience wise Cholamandalam MS General Insurance Chief Manager salaries in Mumbai

Last Updated: 29 Dec 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹20.7 L/yr - ₹43.3 L/yr
12 years (AmbitionBox Estimate)

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₹22.5 L/yr - ₹42.8 L/yr
13 years (AmbitionBox Estimate)

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₹21.2 L/yr - ₹27.1 L/yr
14 years (AmbitionBox Estimate)

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₹21 L/yr - ₹26.8 L/yr
15+ years  (3 salaries)

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₹20 L/yr - ₹24.3 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Deputy Manager Salary
(7 salaries)
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₹6 L/yr - ₹11 L/yr
Branch Manager Salary
(6 salaries)
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₹3.5 L/yr - ₹6.6 L/yr
Area Manager Salary
(4 salaries)
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₹8 L/yr - ₹12 L/yr
Sales Manager Salary
(3 salaries)
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₹3.83 L/yr - ₹6 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

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
  • 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.

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

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 .

read more

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.

read more
  • Skill development - Poor
    +1 more
see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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Cholamandalam MS General Insurance Chief Manager Salary FAQs

What is the salary of Chief Manager at Cholamandalam MS General Insurance Mumbai?
Chief Manager salary at Cholamandalam MS General Insurance in Mumbai ranges between ₹20.0 Lakhs to ₹24.3 Lakhs for experience between 11 years to 20 years. According to our estimates it is 5% more than the average Chief Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam MS General Insurance Mumbai.
How does the salary of a Chief Manager at Cholamandalam MS General Insurance Mumbai compare with the average salary range for this job?
The average salary of a Chief Manager at Cholamandalam MS General Insurance is 5% more than the average salary of a Chief Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Cholamandalam MS General Insurance to a Chief Manager in Mumbai?
  • Ageas Federal Life Insurance Chief Manager Salary - ₹16.6 Lakhs to ₹43.3 Lakhs per year
  • Aditya Birla Health Insurance Co Chief Manager Salary - ₹13.3 Lakhs to ₹36.2 Lakhs per year
  • Max Life Insurance Chief Manager Salary - ₹12.6 Lakhs to ₹30.0 Lakhs per year
  • Bajaj Allianz Life Insurance Chief Manager Salary - ₹18.0 Lakhs to ₹31.7 Lakhs per year
What is the salary of a Chief Manager in companies similar to Cholamandalam MS General Insurance in Mumbai?
  • SBI General Insurance Chief Manager Salary - ₹12.0 Lakhs to ₹27.0 Lakhs per year
  • Tata AIG Chief Manager Salary - ₹9.6 Lakhs to ₹26.3 Lakhs per year
  • Edelweiss Life Insurance Chief Manager Salary - ₹11.0 Lakhs to ₹25.0 Lakhs per year
  • ICICI Lombard General Insurance Company Chief Manager Salary - ₹10.0 Lakhs to ₹22.0 Lakhs per year
  • Reliance General Insurance Chief Manager Salary - ₹10.1 Lakhs to ₹22.3 Lakhs per year
What is the estimated take home salary of a Chief Manager at Cholamandalam MS General Insurance in Mumbai?
The estimated take-home salary of a Chief Manager at Cholamandalam MS General Insurance ranges between ₹1,48,200 per month to ₹1,53,764 per month in Mumbai. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Chief Manager salary in India which ranges between ₹20.0 Lakhs to ₹24.3 Lakhs per year for employees with experience between 11 years to 20 years. Check how did we calculate take home salary?
What is the notice period for Chief Manager at Cholamandalam MS General Insurance in Mumbai?
According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Chief Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Cholamandalam MS General Insurance Chief Manager salary in Mumbai ranges between ₹20 Lakhs to ₹24.3 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.