Cholamandalam MS General Insurance Chennai Deputy Manager Salaries by 30+ Employees (Updated 2025)

1 - 11 years exp.

₹6.2 Lakhs - ₹11 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

At par with the average Deputy Manager Salary in Insurance Companies for 1 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 1 - 10 years exp. (9 salaries)	₹6.2 L/yr - ₹11 L/yr
Finance & Accounting Deputy Manager Salary 2 - 8 years exp. (6 salaries)	₹7.5 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
Data Science & Analytics Deputy Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹9.1 L/yr
Legal & Regulatory Deputy Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹10 L/yr

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Last Updated: 25 Feb 2025

Companies similar to Cholamandalam MS General Insurance for Deputy Manager in Chennai

Cholamandalam MS General Insurance Deputy Manager Salary

1 - 11 years exp. (35 salaries)

₹6.2 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI General Insurance Deputy Manager Salary 5 - 11 years exp. (7 salaries)	₹5.5 L/yr - ₹6 L/yr 36% less
Royal Sundaram General Insurance Deputy Manager Salary 11 - 20 years exp. (6 salaries)	₹12 L/yr - ₹17 L/yr 71% more
Login to view exact salary
Aditya Birla Health Insurance Co Deputy Manager Salary 7 - 11 years exp. (5 salaries)	₹4.7 L/yr - ₹8.1 L/yr 16% less
Future Generali India Life Insurance Deputy Manager Salary 6 - 13 years exp. (4 salaries)	₹4.1 L/yr - ₹7.9 L/yr 15% less	2 job openings
IndiaFirst Life Insurance Deputy Manager Salary 4 - 10 years exp. (3 salaries)	₹6.5 L/yr - ₹8 L/yr 25% less

Deputy Manager salary at Cholamandalam MS General Insurance ranges between ₹6.2 Lakhs to ₹11 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 35 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Deputy Manager in Chennai

1mo ago

₹10 Lakhs

10 years exp.

3mo ago

₹9.4 Lakhs

8 years exp.

4mo ago

₹9.5 Lakhs

6 years exp.

6mo ago

₹9.5 Lakhs

5 years exp.

7mo ago

₹9 Lakhs

11 years exp.

11mo ago

11 years exp.

11mo ago

7 years exp.

1y ago

11 years exp.

1y ago

8 years exp.

1y ago

10 years exp.

Experience wise Cholamandalam MS General Insurance Deputy Manager salaries in Chennai

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹7 L/yr - ₹15.2 L/yr
2 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
4 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
5 years (4 salaries)	₹7.5 L/yr - ₹9.5 L/yr
6 years (4 salaries)	₹8 L/yr - ₹9.5 L/yr
7 years (4 salaries)	₹8 L/yr - ₹10.8 L/yr
8 years (3 salaries)	₹8.7 L/yr - ₹9.6 L/yr
9 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
10 years (6 salaries)	₹6.2 L/yr - ₹11 L/yr
11 years (4 salaries)	₹8.2 L/yr - ₹10.5 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

Area Manager Salary

(6 salaries)

₹6.5 L/yr - ₹12 L/yr

Project Manager Salary

(4 salaries)

₹17.8 L/yr - ₹34.8 L/yr

Program Manager Salary

(4 salaries)

₹25 L/yr - ₹28 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

3.1

Rated by 6 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

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 Salary FAQs

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

The average salary of a Deputy Manager at Cholamandalam MS General Insurance in Chennai typically ranges from ₹6.2 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 1 year to 11 years).

The top 10% of Deputy Manager in Chennai at Cholamandalam MS General Insurance earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Deputy Manager 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 30+ Cholamandalam MS General Insurance employees in India.

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

The estimated take-home salary of a Deputy Manager at Cholamandalam MS General Insurance in Chennai typically ranges from ₹64,061 to ₹65,692 per month. This is based on the average salary range of ₹6.2 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 1 year 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 30+ salaries received from various employees of Cholamandalam MS General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Deputy Manager at Cholamandalam MS General Insurance in Chennai?

To be a Deputy Manager at Cholamandalam MS General Insurance in Chennai, the key skills required include:

- Policies
- Claims
- Assurance
- SMS
- Consulting

These skills are highly valued at Cholamandalam MS General Insurance and are crucial for successful performance in a Software Engineering role.

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

Royal Sundaram General Insurance

₹12.0 Lakhs to ₹17.0 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 in companies similar to Cholamandalam MS General Insurance in Chennai?

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

Future Generali India Life Insurance	₹4.1 Lakhs to ₹7.9 Lakhs per year
Aditya Birla Health Insurance Co	₹4.7 Lakhs to ₹8.1 Lakhs per year
IndiaFirst Life Insurance	₹6.5 Lakhs to ₹8.0 Lakhs per year
SBI General Insurance	₹5.5 Lakhs to ₹6.0 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 at Cholamandalam MS General Insurance in Chennai?

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

Experience	Average Salary Range
1 year	₹7.0 Lakhs to ₹15.2 Lakhs per year
2 years	₹7.7 Lakhs to ₹9.8 Lakhs per year
3 years	₹7.7 Lakhs to ₹9.9 Lakhs per year
4 years	₹7.8 Lakhs to ₹9.9 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Deputy Manager Salaries in Chennai

Cholamandalam MS General Insurance Deputy Manager salary in Chennai ranges between ₹6.2 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 35 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

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

Companies similar to Cholamandalam MS General Insurance for Deputy Manager in Chennai

Latest annual salaries shared by Cholamandalam MS General Insurance Deputy Manager in Chennai

Experience wise Cholamandalam MS General Insurance Deputy Manager salaries in Chennai

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

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