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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 Claims Manager salaries in Chennai

Annual salary range
6 - 11 years exp.
₹5.1 Lakhs - ₹10.5 Lakhs
Salary of majority employees
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25% more than the average Claims Manager Salary in Insurance Companies for 6 - 11 years of experience

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Salaries in different departments

Healthcare & Life Sciences
Claims Manager Salary
7 - 11 years exp. (4 salaries)
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₹6.9 L/yr - ₹10.5 L/yr

Customer Success, Service & Operations
Claims Manager Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹9.1 L/yr

BFSI, Investments & Trading
Claims Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹5.1 L/yr - ₹9 L/yr

Last Updated: 29 Aug 2024

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

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Cholamandalam MS General Insurance Claims Manager Salary

6 - 11 years exp. (7 salaries)
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₹5.1 L/yr - ₹10.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bajaj Allianz General Insurance Claims Manager Salary

6 - 9 years exp. (3 salaries)
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₹12 L/yr - ₹13 L/yr

arrow icon 52% more
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Reliance General Insurance Claims Manager Salary

5 - 9 years exp. (3 salaries)
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₹3.5 L/yr - ₹5.3 L/yr

arrow icon 37% less
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Star Health & Allied Insurance Claims Manager Salary

2 - 15 years exp. (10 salaries)
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₹3.3 L/yr - ₹8.4 L/yr

arrow icon 27% less
 1 job opening
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Orient Insurance PJSC Claims Manager Salary

25 - 27 years exp. (3 salaries)
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₹12 L/yr - ₹20 L/yr

arrow icon 116% more
Claims Manager salary at Cholamandalam MS General Insurance ranges between ₹5.1 Lakhs to ₹10.5 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam MS General Insurance.

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

4mo ago
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8 years exp.
5mo ago
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11 years exp.
6mo ago
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10 years exp.
1y ago
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7 years exp.
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10 years exp.
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9 years exp.
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6 years exp.

Experience wise Cholamandalam MS General Insurance Claims Manager salaries in Chennai

Last Updated: 29 Aug 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹12.9 L/yr
7 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹13.3 L/yr
8 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹13.6 L/yr
9 years (AmbitionBox Estimate)

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₹7 L/yr - ₹14 L/yr
10 years (AmbitionBox Estimate)

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₹7 L/yr - ₹10.5 L/yr
View all

Similar Designation salaries in Cholamandalam MS General Insurance

Deputy Manager Salary
(28 salaries)
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₹6.2 L/yr - ₹11 L/yr
Team Lead Salary
(18 salaries)
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₹2.8 L/yr - ₹5.8 L/yr
Chief Manager Salary
(13 salaries)
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₹19 L/yr - ₹30 L/yr
Relationship Manager Salary
(8 salaries)
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₹3.5 L/yr - ₹4.1 L/yr
Claims Executive Salary
(5 salaries)
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₹2 L/yr - ₹3.14 L/yr

Salary related reviews for Cholamandalam MS General Insurance

4.3

Rated by 3 employees for salary & benefits

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

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.

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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...

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

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.

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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.

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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

Dislikes

weekly 1 off, need to change in 5 day working week.

see more salary related reviews

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Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?
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Cholamandalam MS General Insurance Claims Manager Salary FAQs

What is the salary of Claims Manager at Cholamandalam MS General Insurance Chennai?
Claims Manager salary at Cholamandalam MS General Insurance in Chennai ranges between ₹5.1 Lakhs to ₹10.5 Lakhs for experience between 6 years to 11 years. According to our estimates it is 25% more than the average Claims Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam MS General Insurance Chennai.
How does the salary of a Claims Manager at Cholamandalam MS General Insurance Chennai compare with the average salary range for this job?
The average salary of a Claims Manager at Cholamandalam MS General Insurance is 25% more than the average salary of a Claims Manager in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than Cholamandalam MS General Insurance to a Claims Manager in Chennai?
  • Orient Insurance PJSC Claims Manager Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
  • Bajaj Allianz General Insurance Claims Manager Salary - ₹12.0 Lakhs to ₹13.0 Lakhs per year
What is the salary of a Claims Manager in companies similar to Cholamandalam MS General Insurance in Chennai?
  • Star Health & Allied Insurance Claims Manager Salary - ₹3.3 Lakhs to ₹8.4 Lakhs per year
  • Reliance General Insurance Claims Manager Salary - ₹3.5 Lakhs to ₹5.3 Lakhs per year
What is the estimated take home salary of a Claims Manager at Cholamandalam MS General Insurance in Chennai?
The estimated take-home salary of a Claims Manager at Cholamandalam MS General Insurance ranges between ₹59,189 per month to ₹60,683 per month in Chennai. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Claims Manager salary in India which ranges between ₹5.1 Lakhs to ₹10.5 Lakhs per year for employees with experience between 6 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Claims Manager at Cholamandalam MS General Insurance in Chennai?
According to AmbitionBox, 50% of the Cholamandalam MS General Insurance Claims Managers in Chennai reported a notice period of 3 Months, 38% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Cholamandalam MS General Insurance Claims Manager salary in Chennai ranges between ₹5.1 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.