Cholamandalam MS General Insurance Commercial Underwriter Salaries by 3 Employees

5 - 6 years exp.

₹5 Lakhs - ₹15 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

61% more than the average Commercial Underwriter Salary in Insurance Companies for 5 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Commercial Underwriter Salary 6 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr
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Risk Management & Compliance Commercial Underwriter Salary 6 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.3 L/yr

Last Updated: 3 Mar 2024

Companies similar to Cholamandalam MS General Insurance for Commercial Underwriter

Company name	Avg Annual Salary	Open Jobs
Magma HDI General Insurance Commercial Underwriter Salary 0 - 1 year exp. (4 salaries)	₹7 L/yr - ₹8.5 L/yr 26% less
Royal Sundaram General Insurance Commercial Underwriter Salary 6 - 14 years exp. (4 salaries)	₹7.5 L/yr - ₹10 L/yr 17% less
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Universal Sompo General Insurance Commercial Underwriter Salary 1 - 4 years exp. (3 salaries)	₹6 L/yr - ₹6.5 L/yr 44% less
Biz 2 Credit Info Services Commercial Underwriter Salary 0 - 7 years exp. (43 salaries)	₹2.5 L/yr - ₹10.4 L/yr 47% less
EXL Service Commercial Underwriter Salary 2 - 15 years exp. (14 salaries)	₹4.7 L/yr - ₹6.5 L/yr 46% less

Commercial Underwriter salary at Cholamandalam MS General Insurance ranges between ₹5 Lakhs to ₹15 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Commercial Underwriter salaries

Last Updated: 3 Mar 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
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6 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr

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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.

see more salary related reviews

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Option 2

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Cholamandalam MS General Insurance Commercial Underwriter Salary FAQs

How the salary growth look like for a Commercial Underwriter at Cholamandalam MS General Insurance in India?

The salary growth for a Commercial Underwriter at Cholamandalam MS General Insurance depends on factors such as experience, performance, and promotions. On average, a Commercial Underwriter can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience	Average Salary Range
5 years	₹13.5 Lakhs to ₹17.2 Lakhs per year
6 years	₹8.1 Lakhs to ₹10.3 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Commercial Underwriter Salaries

Cholamandalam MS General Insurance Commercial Underwriter salary in India ranges between ₹5 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.