Cholamandalam MS General Insurance Mumbai Claims Manager Salaries by 2 Employees (Updated 2025)

10 - 11 years exp.

₹7 Lakhs - ₹8.9 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 10 Jul 2024

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

Cholamandalam MS General Insurance Claims Manager Salary

10 - 11 years exp. (AmbitionBox Estimate)

₹7 L/yr - ₹8.9 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Claims Manager Salary 5 - 9 years exp. (4 salaries)	₹4 L/yr - ₹8 L/yr 35% less
HDFC Ergo General Insurance Claims Manager Salary 6 - 15 years exp. (7 salaries)	₹7 L/yr - ₹12.5 L/yr 3% more
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Reliance General Insurance Claims Manager Salary 4 - 11 years exp. (4 salaries)	₹3.8 L/yr - ₹8.5 L/yr 34% less
Tata AIG Claims Manager Salary 1 - 9 years exp. (15 salaries)	₹4.3 L/yr - ₹8.4 L/yr 27% less
SBI General Insurance Claims Manager Salary 9 - 13 years exp. (3 salaries)	₹5.4 L/yr - ₹11 L/yr 12% more	2 job openings
IndiaFirst Life Insurance Claims Manager Salary 10 - 15 years exp. (4 salaries)	₹7 L/yr - ₹10.3 L/yr 16% more
Aditya Birla Health Insurance Co Claims Manager Salary 2 - 10 years exp. (4 salaries)	₹6.2 L/yr - ₹9.5 L/yr 5% more
ManipalCigna Health Insurance Claims Manager Salary 3 - 14 years exp. (4 salaries)	₹8.5 L/yr - ₹12.1 L/yr 24% more
Medi Assist India Claims Manager Salary 11 - 12 years exp. (3 salaries)	₹6.6 L/yr - ₹9.2 L/yr 7% less

Claims Manager salary at Cholamandalam MS General Insurance ranges between ₹7 Lakhs to ₹8.9 Lakhs per year for employees with experience between 10 years to 11 years. Salary estimates are based on 2 latest salaries received from various employees of Cholamandalam MS General Insurance.

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Salary related reviews for Cholamandalam MS General Insurance

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 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

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.

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.

Salary - Poor

+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.

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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 Claims Manager Salary FAQs

What is the notice period for Claims Manager at Cholamandalam MS General Insurance in Mumbai?

According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Claims Managers in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Claims Manager Salaries in Mumbai

Cholamandalam MS General Insurance Claims Manager salary in Mumbai ranges between ₹7 Lakhs to ₹8.9 Lakhs. This is an estimate based on latest salaries received from employees of Cholamandalam MS General Insurance.