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Cholamandalam MS General Insurance

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3.8

based on 2k Reviews

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Cholamandalam MS General Insurance Deputy Manager salaries in Mumbai

Annual salary range
1 - 11 years exp.
₹5.6 Lakhs - ₹11 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Salary
1 - 11 years exp. (6 salaries)
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₹7 L/yr - ₹10.2 L/yr

Customer Success, Service & Operations
Deputy Manager Salary
4 - 6 years exp. (AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.6 L/yr

IT & Information Security
Deputy Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹9.2 L/yr - ₹11 L/yr

Last Updated: 3 Sep 2024

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

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Cholamandalam MS General Insurance Deputy Manager Salary

1 - 11 years exp. (10 salaries)
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₹5.6 L/yr - ₹11 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Aditya Birla Health Insurance Co Deputy Manager Salary

2 - 11 years exp. (146 salaries)
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₹4.2 L/yr - ₹12.6 L/yr

arrow icon 6% less
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Future Generali India Life Insurance Deputy Manager Salary

4 - 14 years exp. (142 salaries)
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₹4.3 L/yr - ₹14.5 L/yr

arrow icon 14% more
 2 job openings
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Bajaj Allianz Life Insurance Deputy Manager Salary

1 - 15 years exp. (74 salaries)
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₹5 L/yr - ₹16.5 L/yr

arrow icon 26% more
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Axis Max Life Insurance Deputy Manager Salary

0 - 13 years exp. (68 salaries)
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₹3.2 L/yr - ₹7.7 L/yr

arrow icon 37% less
 17 job openings
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ManipalCigna Health Insurance Deputy Manager Salary

3 - 16 years exp. (68 salaries)
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₹5.5 L/yr - ₹14.5 L/yr

arrow icon 27% more
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IndiaFirst Life Insurance Deputy Manager Salary

4 - 13 years exp. (58 salaries)
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₹4 L/yr - ₹10.7 L/yr

arrow icon 10% less
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Star Union Dai-ichi Life Insurance Deputy Manager Salary

0 - 13 years exp. (58 salaries)
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₹4.8 L/yr - ₹11 L/yr

arrow icon 10% more
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Magma HDI General Insurance Deputy Manager Salary

1 - 16 years exp. (45 salaries)
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₹5.6 L/yr - ₹10.5 L/yr

arrow icon 4% more
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SBI General Insurance Deputy Manager Salary

4 - 11 years exp. (28 salaries)
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₹4.3 L/yr - ₹10.6 L/yr

arrow icon 33% less
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Universal Sompo General Insurance Deputy Manager Salary

6 - 16 years exp. (23 salaries)
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₹7 L/yr - ₹12.2 L/yr

arrow icon 14% more
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Family Health Plan Deputy Manager Salary

6 - 10 years exp. (7 salaries)
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₹4 L/yr - ₹7 L/yr

arrow icon 36% less
Deputy Manager salary at Cholamandalam MS General Insurance ranges between ₹5.6 Lakhs to ₹11 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 10 latest salaries received from various employees of Cholamandalam MS General Insurance.

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

7mo ago
₹7.6 Lakhs
6 years exp.
1y ago
₹5.6 Lakhs
4 years exp.

Experience wise Cholamandalam MS General Insurance Deputy Manager salaries in Mumbai

Last Updated: 3 Sep 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹7.3 L/yr - ₹9.3 L/yr
2 years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹9.4 L/yr
3 years (AmbitionBox Estimate)

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₹7.4 L/yr - ₹9.4 L/yr
4 years (AmbitionBox Estimate)

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₹7.4 L/yr - ₹9.5 L/yr
5 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹9.6 L/yr
View all

Similar Designation salaries in Cholamandalam MS General Insurance

Branch Manager Salary
(7 salaries)
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₹3.5 L/yr - ₹7 L/yr
Area Manager Salary
(6 salaries)
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₹9.5 L/yr - ₹16.9 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

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.

read more
  • 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.

read more
  • 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.

read more

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

read more
  • 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.

read more

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.

read more
  • 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.

read more
  • 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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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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 Mumbai?
The average salary of a Deputy Manager at Cholamandalam MS General Insurance in Mumbai typically ranges from ₹5.6 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 1 year to 11 years).

The top 10% of Deputy Manager in Mumbai at Cholamandalam MS General Insurance earn more than ₹10.6 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 10 Cholamandalam MS General Insurance employees in India.
What is the estimated take home salary of a Deputy Manager at Cholamandalam MS General Insurance in Mumbai?
The estimated take-home salary of a Deputy Manager at Cholamandalam MS General Insurance in Mumbai typically ranges from ₹61,452 to ₹63,009 per month. This is based on the average salary range of ₹5.6 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 10 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 Mumbai?
To be a Deputy Manager at Cholamandalam MS General Insurance in Mumbai, 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?
ManipalCigna Health Insurance ₹5.5 Lakhs to ₹14.5 Lakhs per year
Bajaj Allianz Life Insurance ₹5.0 Lakhs to ₹16.5 Lakhs per year
Universal Sompo General Insurance ₹7.0 Lakhs to ₹12.2 Lakhs per year
Future Generali India Life Insurance ₹4.3 Lakhs to ₹14.5 Lakhs per year
Star Union Dai-ichi Life Insurance ₹4.8 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 in companies similar to Cholamandalam MS General Insurance in Mumbai?
The salary of a Deputy Manager at companies similar to Cholamandalam MS General Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Magma HDI General Insurance ₹5.6 Lakhs to ₹10.5 Lakhs per year
Aditya Birla Health Insurance Co ₹4.2 Lakhs to ₹12.6 Lakhs per year
IndiaFirst Life Insurance ₹4.0 Lakhs to ₹10.7 Lakhs per year
SBI General Insurance ₹4.3 Lakhs to ₹10.6 Lakhs per year
Family Health Plan ₹4.0 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 at Cholamandalam MS General Insurance in Mumbai?
The salary growth for a Deputy Manager at Cholamandalam MS General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Deputy Manager in Mumbai can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
1 year ₹7.3 Lakhs to ₹9.3 Lakhs per year
2 years ₹7.3 Lakhs to ₹9.4 Lakhs per year
3 years ₹7.4 Lakhs to ₹9.4 Lakhs per year
4 years ₹7.4 Lakhs to ₹9.5 Lakhs per year
and so on.

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Cholamandalam MS General Insurance Deputy Manager salary in Mumbai ranges between ₹5.6 Lakhs to ₹11 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.