Cholamandalam MS General Insurance Deputy Manager Salaries by 40+ Employees (Updated 2025)

5 - 11 years exp.

₹4 Lakhs - ₹11.2 Lakhs

Salary of majority employees

12% less than the average Deputy Manager Salary in Insurance Companies for 5 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 5 - 11 years exp. (17 salaries)	₹4 L/yr - ₹11 L/yr
Finance & Accounting Deputy Manager Salary 5 - 9 years exp. (6 salaries)	₹7.7 L/yr - ₹10.8 L/yr
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Healthcare & Life Sciences Deputy Manager Salary 6 - 8 years exp. (3 salaries)	₹8.1 L/yr - ₹8.7 L/yr
Legal & Regulatory Deputy Manager Salary 6 - 11 years exp. (3 salaries)	₹8.7 L/yr - ₹10 L/yr
Data Science & Analytics Deputy Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹8.7 L/yr

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Last Updated: 1 Mar 2025

Companies similar to Cholamandalam MS General Insurance for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Deputy Manager Salary 5 - 13 years exp. (15 salaries)	₹4.7 L/yr - ₹13.3 L/yr 13% less
HDFC Ergo General Insurance Deputy Manager Salary 0 - 13 years exp. (955 salaries)	₹3.2 L/yr - ₹10.3 L/yr 31% less
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Bajaj Allianz General Insurance Deputy Manager Salary 5 - 16 years exp. (165 salaries)	₹7.3 L/yr - ₹16 L/yr 45% more	2 job openings
Reliance General Insurance Deputy Manager Salary 1 - 10 years exp. (114 salaries)	₹3 L/yr - ₹7.5 L/yr 45% less
Tata AIG Deputy Manager Salary 2 - 9 years exp. (474 salaries)	₹2.3 L/yr - ₹9 L/yr 49% less	1 job opening
United India Insurance Company Deputy Manager Salary 10 - 14 years exp. (14 salaries)	₹11 L/yr - ₹24 L/yr 123% more
National Insurance Company Deputy Manager Salary 8 - 14 years exp. (12 salaries)	₹17 L/yr - ₹25 L/yr 137% more
The New India Assurance Co. Deputy Manager Salary 7 - 13 years exp. (9 salaries)	₹17 L/yr - ₹26 L/yr 134% more
SBI General Insurance Deputy Manager Salary 4 - 11 years exp. (180 salaries)	₹4 L/yr - ₹9.1 L/yr 36% less
Future Generali India Life Insurance Deputy Manager Salary 4 - 17 years exp. (235 salaries)	₹4.1 L/yr - ₹15.9 L/yr 9% more	2 job openings
Max Life Insurance Deputy Manager Salary 0 - 13 years exp. (797 salaries)	₹2.4 L/yr - ₹8.7 L/yr 40% less	20 job openings
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Bajaj Allianz Life Insurance Deputy Manager Salary 1 - 16 years exp. (298 salaries)	₹4.5 L/yr - ₹16.5 L/yr 25% more
Aditya Birla Health Insurance Co Deputy Manager Salary 4 - 11 years exp. (227 salaries)	₹4 L/yr - ₹12.6 L/yr 7% less
Axa XL Deputy Manager Salary 7 - 13 years exp. (163 salaries)	₹8.1 L/yr - ₹25 L/yr 88% more	1 job opening
Digit Insurance Deputy Manager Salary 2 - 14 years exp. (156 salaries)	₹6 L/yr - ₹17.5 L/yr 38% more
IndiaFirst Life Insurance Deputy Manager Salary 4 - 13 years exp. (109 salaries)	₹3.1 L/yr - ₹10.7 L/yr 20% less
Star Union Dai-ichi Life Insurance Deputy Manager Salary 0 - 13 years exp. (101 salaries)	₹3.8 L/yr - ₹12.3 L/yr 6% less
ManipalCigna Health Insurance Deputy Manager Salary 1 - 15 years exp. (82 salaries)	₹4 L/yr - ₹13.4 L/yr 9% more
Bharti AXA Life Insurance Deputy Manager Salary 3 - 15 years exp. (82 salaries)	₹3.5 L/yr - ₹6 L/yr 47% less
Shriram General Insurance Deputy Manager Salary 1 - 13 years exp. (61 salaries)	₹4 L/yr - ₹7.8 L/yr 35% less

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Deputy Manager salary at Cholamandalam MS General Insurance ranges between ₹4 Lakhs to ₹11.2 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 46 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Deputy Manager salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
5 years (8 salaries)	₹4 L/yr - ₹10.3 L/yr
6 years (8 salaries)	₹5 L/yr - ₹10.3 L/yr
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7 years (6 salaries)	₹8 L/yr - ₹11 L/yr
8 years (5 salaries)	₹5.7 L/yr - ₹9.6 L/yr
9 years (4 salaries)	₹5 L/yr - ₹10.6 L/yr
10 years (9 salaries)	₹6.2 L/yr - ₹11 L/yr
11 years (6 salaries)	₹7.1 L/yr - ₹11.2 L/yr

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Similar Designation salaries in Cholamandalam MS General Insurance

Team Manager Salary

(3 salaries)

₹10 L/yr - ₹26 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹24.3 L/yr - ₹31.1 L/yr

Branch Manager Salary

(209 salaries)

₹2.92 L/yr - ₹8.82 L/yr

Area Manager Salary

(123 salaries)

₹5.25 L/yr - ₹14.04 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹23 L/yr - ₹29.3 L/yr

Cluster Manager Salary

(17 salaries)

₹6.5 L/yr - ₹10 L/yr

Service Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Program Manager Salary

(6 salaries)

₹22 L/yr - ₹28 L/yr

Project Manager Salary

(7 salaries)

₹17.8 L/yr - ₹34.8 L/yr

Operations Manager Salary

(14 salaries)

₹1 L/yr - ₹9 L/yr

Top skills at Cholamandalam MS General Insurance for Deputy Manager

Policies Claims Assurance SMS Consulting Internal Audit area Operations customer support Debit Note Training NBFC Product Pricing Actuarial Customer Service

Salary related reviews for Cholamandalam MS General Insurance

3.3

Rated by 10 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.

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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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Cholamandalam MS General Insurance Deputy Manager Salary FAQs

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

Deputy Manager salary at Cholamandalam MS General Insurance in India ranges between ₹4.0 Lakhs to ₹11.2 Lakhs for experience between 5 years to 11 years. According to our estimates it is 12% less than the average Deputy Manager Salary in India. Salary estimates are based on 46 latest salaries received from various employees of Cholamandalam MS General Insurance India.

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

The average salary of a Deputy Manager at Cholamandalam MS General Insurance is 12% less than the average salary of a Deputy Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Deputy Manager at Cholamandalam MS General Insurance?

Policies, Claims, Assurance, SMS and Consulting are some of the popular skills required to work as a Deputy Manager at Cholamandalam MS General Insurance India.

Which similar companies are paying more than Cholamandalam MS General Insurance to a Deputy Manager in India?

National Insurance Company Deputy Manager Salary - ₹17.0 Lakhs to ₹25.0 Lakhs per year
The New India Assurance Co. Deputy Manager Salary - ₹17.0 Lakhs to ₹26.0 Lakhs per year
United India Insurance Company Deputy Manager Salary - ₹11.0 Lakhs to ₹24.0 Lakhs per year
Axa XL Deputy Manager Salary - ₹8.1 Lakhs to ₹25.0 Lakhs per year
Royal Sundaram General Insurance Deputy Manager Salary - ₹12.0 Lakhs to ₹17.4 Lakhs per year

What is the salary of a Deputy Manager in companies similar to Cholamandalam MS General Insurance in India?

Bajaj Allianz General Insurance Deputy Manager Salary - ₹7.3 Lakhs to ₹16.0 Lakhs per year
Digit Insurance Deputy Manager Salary - ₹6.0 Lakhs to ₹17.5 Lakhs per year
Bajaj Allianz Life Insurance Deputy Manager Salary - ₹4.5 Lakhs to ₹16.5 Lakhs per year
Allianz Partners Deputy Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
Future Generali India Life Insurance Deputy Manager Salary - ₹4.1 Lakhs to ₹15.9 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at Cholamandalam MS General Insurance ranges between ₹62,315 per month to ₹63,898 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Deputy Manager salary in India which ranges between ₹4.0 Lakhs to ₹11.2 Lakhs per year for employees with experience between 5 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager at Cholamandalam MS General Insurance?

According to AmbitionBox, 45% of the Cholamandalam MS General Insurance Deputy Managers reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 33 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Deputy Manager Salaries

Cholamandalam MS General Insurance Deputy Manager salary in India ranges between ₹4 Lakhs to ₹11.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 46 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Deputy Manager salaries in India (Updated 2025)

Companies similar to Cholamandalam MS General Insurance for Deputy Manager

Latest annual salaries shared by Cholamandalam MS General Insurance Deputy Manager

Experience wise Cholamandalam MS General Insurance Deputy Manager salaries

Similar Designation salaries in Cholamandalam MS General Insurance

Top skills at Cholamandalam MS General Insurance for Deputy Manager

Salary related reviews for Cholamandalam MS General Insurance

Deputy Manager in Chennai

Area Manager in Bikaner

Sales Manager in New Delhi

Agency Manager in Ahmednagar

Area Head in Pune

Cholamandalam MS General Insurance Deputy Manager Salary FAQs

Tell us how to improve this page.

Cholamandalam MS General Insurance Deputy Manager Salaries by Location