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Cholamandalam MS General Insurance Claims Executive salaries in India

Annual salary range
2 - 7 years exp.
₹2 Lakhs - ₹3.7 Lakhs
Salary of majority employees
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15% more than the average Claims Executive Salary in Insurance Companies for 2 - 7 years of experience

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Last Updated: 4 Jul 2024

Companies similar to Cholamandalam MS General Insurance for Claims Executive

Company name Avg Annual Salary Open Jobs
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Medi Assist India Claims Executive Salary

0 - 8 years exp. (203 salaries)

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₹1.2 L/yr - ₹4.3 L/yr

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₹1.4 L/yr - ₹3.7 L/yr

arrow icon 29% less
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Family Health Plan Claims Executive Salary

0 - 4 years exp. (97 salaries)

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₹1.4 L/yr - ₹2.8 L/yr

arrow icon 34% less
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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 22% less
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SBI General Insurance Claims Executive Salary

0 - 7 years exp. (32 salaries)

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₹2.6 L/yr - ₹4.5 L/yr

arrow icon 6% more
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₹2.6 L/yr - ₹4.6 L/yr

arrow icon 9% more
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₹1.8 L/yr - ₹5.3 L/yr

arrow icon 30% more
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₹2.2 L/yr - ₹3.9 L/yr

At par
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₹2.6 L/yr - ₹4 L/yr

arrow icon 6% more
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₹2 L/yr - ₹5 L/yr

arrow icon 3% more
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₹3.9 L/yr - ₹4 L/yr

arrow icon 23% more
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Allianz Partners Claims Executive Salary

2 - 6 years exp. (4 salaries)

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₹3 L/yr - ₹4.5 L/yr

arrow icon 17% more
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₹2.8 L/yr - ₹5 L/yr

arrow icon 5% more
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Gallagher Claims Executive Salary

2 - 4 years exp. (3 salaries)

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₹2.4 L/yr - ₹4 L/yr

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₹1.9 L/yr - ₹3.7 L/yr

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Axa XL Claims Executive Salary

0 - 4 years exp. (3 salaries)

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₹3.2 L/yr - ₹5.5 L/yr

arrow icon 42% more
Claims Executive salary at Cholamandalam MS General Insurance ranges between ₹2 Lakhs to ₹3.7 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 12 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Claims Executive

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Experience wise Cholamandalam MS General Insurance Claims Executive salaries

Last Updated: 4 Jul 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹5.5 L/yr
3 years  (3 salaries)

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₹2 L/yr - ₹5.6 L/yr
4 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
5 years  (4 salaries)

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₹2.7 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.7 L/yr
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Similar Designation salaries in Cholamandalam MS General Insurance

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₹3 L/yr - ₹4.4 L/yr
Claims Specialist Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
Claims Officer Salary
(11 salaries)
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₹1.55 L/yr - ₹4 L/yr
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₹2.8 L/yr - ₹4.1 L/yr
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₹2.2 L/yr - ₹4.22 L/yr
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₹1.2 L/yr - ₹4.5 L/yr
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₹1 L/yr - ₹4.25 L/yr
Team Lead Salary
(36 salaries)
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₹2.8 L/yr - ₹9.5 L/yr
Analyst Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr
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₹1.2 L/yr - ₹4.93 L/yr

Salary related reviews for Cholamandalam MS General Insurance

4.5

Rated by 3 employees for salary & benefits

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

BFSI, Investments & Trading Department

2.0
  •  posted on 11 Oct 2018

1.0
 for  Salary and Benefits

Likes

My colleagues only

  • Company culture - Good

Dislikes

...k office employee but after chaning profile as customer retaintion excutive i.e. sales profile back office, bcz of cost cutting doing all type of work from a single employee, pathetic experiance

read more
  • Salary - Bad
  • +5 more

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

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

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  • Promotions - Bad
  • +3 more

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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Cholamandalam MS General Insurance Claims Executive Salary FAQs

What is the salary of Claims Executive at Cholamandalam MS General Insurance ?
The average salary of a Claims Executive at Cholamandalam MS General Insurance in India typically ranges from ₹2.0 Lakhs to ₹3.7 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Claims Executive at Cholamandalam MS General Insurance earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Claims 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 10+ Cholamandalam MS General Insurance employees in India.
What is the estimated take home salary of a Claims Executive at Cholamandalam MS General Insurance in India?
The estimated take-home salary of a Claims Executive at Cholamandalam MS General Insurance in India typically ranges from ₹23,284 to ₹24,749 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from 2 years to 7 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 Claims Executive in India?
Axa XL ₹3.2 Lakhs to ₹5.5 Lakhs per year
Royal Sundaram General Insurance ₹1.8 Lakhs to ₹5.3 Lakhs per year
Axis Max Life Insurance ₹3.9 Lakhs to ₹4.0 Lakhs per year
Allianz Partners ₹3.0 Lakhs to ₹4.5 Lakhs per year
Universal Sompo General Insurance ₹2.6 Lakhs to ₹4.6 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 Claims Executive in companies similar to Cholamandalam MS General Insurance in India?
The salary of a Claims 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:

Future Generali India Life Insurance ₹2.6 Lakhs to ₹4.0 Lakhs per year
SBI General Insurance ₹2.6 Lakhs to ₹4.5 Lakhs per year
ManipalCigna Health Insurance ₹2.8 Lakhs to ₹5.0 Lakhs per year
Bharti AXA Life Insurance ₹2.0 Lakhs to ₹5.0 Lakhs per year
Gallagher ₹2.4 Lakhs to ₹4.0 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 Claims Executive at Cholamandalam MS General Insurance in India?
The salary growth for a Claims Executive at Cholamandalam MS General Insurance depends on factors such as experience, performance, and promotions. On average, a Claims Executive can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
2 years ₹2.9 Lakhs to ₹5.5 Lakhs per year
3 years ₹2.0 Lakhs to ₹5.6 Lakhs per year
4 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
5 years ₹2.7 Lakhs to ₹3.4 Lakhs per year
and so on.

Tell us how to improve this page.

Cholamandalam MS General Insurance Claims Executive salary in India ranges between ₹2 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.