Cholamandalam MS General Insurance Latur Cluster Manager Salaries by 4 Employees (Updated 2024)

14 - 17 years exp.

₹8.5 Lakhs - ₹9.8 Lakhs

Salary of majority employees

29% more than the average Cluster Manager Salary in Insurance Companies for 14 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹9.5 L/yr
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Sales & Business Development Cluster Manager Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹9.2 L/yr - ₹9.8 L/yr

Last Updated: 8 May 2024

Cluster Manager salary at Cholamandalam MS General Insurance ranges between ₹8.5 Lakhs to ₹9.8 Lakhs per year for employees with experience between 14 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Cluster Manager salaries in Latur

Last Updated: 8 May 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹17.1 L/yr
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15+ years (3 salaries)	₹8.5 L/yr - ₹9.8 L/yr

Salary related reviews for Cholamandalam MS General Insurance

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

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.

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.

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.

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.

Territory Manager in Khammam

Health Insurance Department

5.0

• posted on 15 Feb 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Cholamandalam MS General Insurance Cluster Manager Salary FAQs

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

Cluster Manager salary at Cholamandalam MS General Insurance in Latur ranges between ₹8.5 Lakhs to ₹9.8 Lakhs for experience between 14 years to 17 years. According to our estimates it is 29% more than the average Cluster Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance Latur.

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

The average salary of a Cluster Manager at Cholamandalam MS General Insurance is 29% more than the average salary of a Cluster Manager in Latur. To know exact salary insights, login to view.

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

The estimated take-home salary of a Cluster Manager at Cholamandalam MS General Insurance ranges between ₹67,842 per month to ₹69,581 per month in Latur. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Cluster Manager salary in India which ranges between ₹8.5 Lakhs to ₹9.8 Lakhs per year for employees with experience between 14 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at Cholamandalam MS General Insurance in Latur?

According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Cluster Managers in Latur 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 Cluster Manager Salaries in Latur

Cholamandalam MS General Insurance Cluster Manager salary in Latur ranges between ₹8.5 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.