Cholamandalam MS General Insurance Deputy Manager Claims Salaries by 4 Employees

8 - 11 years exp.

₹6.5 Lakhs - ₹11 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

46% more than the average Deputy Manager Claims Salary in Insurance Companies for 8 - 11 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Cholamandalam MS General Insurance for Deputy Manager Claims

Company name	Avg Annual Salary	Open Jobs
Family Health Plan Deputy Manager Claims Salary 3 - 7 years exp. (4 salaries)	₹1.6 L/yr - ₹7 L/yr 55% less
Axa XL Deputy Manager Claims Salary 9 - 10 years exp. (3 salaries)	₹8.5 L/yr - ₹11 L/yr 13% more
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Tata AIG Deputy Manager Claims Salary 1 - 7 years exp. (12 salaries)	₹4.2 L/yr - ₹8.1 L/yr 34% less
HDFC Ergo General Insurance Deputy Manager Claims Salary 5 - 10 years exp. (6 salaries)	₹6.6 L/yr - ₹7 L/yr 23% less
Canara HSBC Life Insurance Deputy Manager Claims Salary 5 - 8 years exp. (4 salaries)	₹6.5 L/yr - ₹7.9 L/yr 20% less

Deputy Manager Claims salary at Cholamandalam MS General Insurance ranges between ₹6.5 Lakhs to ₹11 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Deputy Manager Claims salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
9 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
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10 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
11 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr

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₹5.8 L/yr - ₹8.5 L/yr

Salary related reviews for Cholamandalam MS General Insurance

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.

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.

Skill development - Poor

+1 more

Agency Manager in Purnia

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Aug 2021

2.0

for Salary and Benefits

Likes

...ms IT is so weak and it will take atleast more than 5 years to improvise his IT.they are providing good compensation as well, there are no support from HR and supervisor's even is your super boss also don't provide any support.

Skill development - Good

Dislikes

Training part is good in chola ms otherwise any other benefits is vulnerable.

Salary - Poor

Agency Manager in Jaipur

BFSI, Investments & Trading Department

5.0

• posted on 18 May 2018

5.0

for Salary and Benefits

Likes

...NVIRONMENT . QUICK AND PROMPT SERVICE. NICE CAREER GROWTH IN THIS ORGANIZATION. GOOD SALARY AND ALSO GIVEN APPRAISAL. ALL TRAVEL CLAIMS CAME ON TIME . NO ANY POLITICS IN COMPANY. WHO WILL WORK WELL. THEN COMPANY GIVEN PROMOTION AND INCENTIVE ETC.

Salary - Excellent

+5 more

Dislikes

I MOSTLY DISLIKE THAT COMPANY WITHOUT ANY CONVERSATION WITH EMPLOYEE. CHANGE WORKING. FOR EXAMPLE COMPANY GIVEN TABS TO ALL EMPLOYEE. BUT WE CANT DO EXCEL WORK ON IT WHO SECURED WITH IT. LIKE. PRIMUM CALCULATOR. ONE MORE THING WHEN DISCUSSING WITH ALL EMPLOYEES THAN WHY GIVEN TABLET. WHEN WE REQUIRRED LAPTOP FOR WORK. ITS EASY FOR BOTH. FAST WORKING IN LESS TIME. OR ON TAB ITS NOT WORKING PROPERLY. BECAUSE ALL DEPENDS ON RAM. VERY SLOW INTERNET WHEN SUBMITING PROPOSALS IN IT. MOST TIME ITS SYNCRONIGE. FOR 1 PROPOSAL SUBMITING TAKE TIME MORW THEN 15-20 MIN.

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Cholamandalam MS General Insurance Deputy Manager Claims Salary FAQs

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

The average salary of a Deputy Manager Claims at Cholamandalam MS General Insurance in India typically ranges from ₹6.5 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 8 years to 11 years).

The top 10% of Deputy Manager Claims at Cholamandalam MS General Insurance earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Deputy Manager Claims Salaries at Cholamandalam MS General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Cholamandalam MS General Insurance employees in India.

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

The estimated take-home salary of a Deputy Manager Claims at Cholamandalam MS General Insurance in India typically ranges from ₹65,568 to ₹67,242 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 8 years to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Cholamandalam MS General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Cholamandalam MS General Insurance for Deputy Manager Claims in India?

Axa XL

₹8.5 Lakhs to ₹11.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Cholamandalam MS General Insurance, depending on the role and experience level.

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

The salary of a Deputy Manager Claims at companies similar to Cholamandalam MS General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Canara HSBC Life Insurance	₹6.5 Lakhs to ₹7.9 Lakhs per year
HDFC Ergo General Insurance	₹6.6 Lakhs to ₹7.0 Lakhs per year
Tata AIG	₹4.2 Lakhs to ₹8.1 Lakhs per year
Family Health Plan	₹1.6 Lakhs to ₹7.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Deputy Manager Claims at Cholamandalam MS General Insurance in India?

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

Experience	Average Salary Range
8 years	₹7.1 Lakhs to ₹9.1 Lakhs per year
9 years	₹7.8 Lakhs to ₹9.9 Lakhs per year
10 years	₹8.4 Lakhs to ₹10.8 Lakhs per year
11 years	₹9.1 Lakhs to ₹11.6 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Deputy Manager Claims Salaries

Cholamandalam MS General Insurance Deputy Manager Claims salary in India ranges between ₹6.5 Lakhs to ₹11 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.

Cholamandalam MS General Insurance Deputy Manager Claims salaries in India

Companies similar to Cholamandalam MS General Insurance for Deputy Manager Claims

Latest annual salaries shared by Cholamandalam MS General Insurance Deputy Manager Claims

Experience wise Cholamandalam MS General Insurance Deputy Manager Claims salaries

Similar Designation salaries in Cholamandalam MS General Insurance

Salary related reviews for Cholamandalam MS General Insurance

Agency Manager in Ahmednagar

Area Head in Pune

Area Head in Pune

Agency Manager in Purnia

Agency Manager in Jaipur

Cholamandalam MS General Insurance Deputy Manager Claims Salary FAQs

Tell us how to improve this page.