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

Annual salary range
17 - 21 years exp.
₹22.3 Lakhs - ₹40 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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24% less than the average Engineering Manager Salary in Insurance Companies for 17 - 21 years of experience

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Last Updated: 26 Feb 2025

Companies similar to Cholamandalam MS General Insurance for Engineering Manager

Company name Avg Annual Salary Open Jobs
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Medi Assist India Engineering Manager Salary

7 - 11 years exp. (7 salaries)

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₹30 L/yr - ₹80 L/yr

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₹35 L/yr - ₹44 L/yr

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₹35.7 L/yr - ₹42.9 L/yr

arrow icon 39% more
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Larsen & Toubro Limited Engineering Manager Salary

10 - 18 years exp. (240 salaries)

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₹9 L/yr - ₹33 L/yr

arrow icon 28% less
1 job opening
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Cognizant Engineering Manager Salary

11 - 18 years exp. (180 salaries)

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₹12.9 L/yr - ₹40 L/yr

arrow icon 9% less
Engineering Manager salary at Cholamandalam MS General Insurance ranges between ₹22.3 Lakhs to ₹40 Lakhs per year for employees with experience between 17 years to 21 years. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Engineering Manager

3d ago
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17 years exp.
3mo ago
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18 years exp.
4mo ago
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19 years exp.
4mo ago
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19 years exp.
11mo ago
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21 years exp.

Experience wise Cholamandalam MS General Insurance Engineering Manager salaries

Last Updated: 26 Feb 2025

Experience Avg Annual Salary
15+ years  (5 salaries)

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₹22.3 L/yr - ₹40 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Senior Engineering Manager Salary
(AmbitionBox Estimate)
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₹27.3 L/yr - ₹34.8 L/yr
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₹22 L/yr - ₹28 L/yr
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₹17.8 L/yr - ₹34.8 L/yr
Technical Manager Salary
(AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr
Product Manager Salary
(AmbitionBox Estimate)
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₹14 L/yr - ₹17.8 L/yr
Scrum Master Salary
(AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.1 L/yr
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₹7.62 L/yr - ₹25 L/yr
Technical Lead Salary
(3 salaries)
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₹16.4 L/yr - ₹17.2 L/yr
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₹7 L/yr - ₹13 L/yr

Salary related reviews for Cholamandalam MS General Insurance

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

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

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.

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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

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.

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 20 Jan 2025

1.0
 for  Salary and Benefits

Likes

Zero like ...

Dislikes

Chola is fraud company. Senior behaviour is like shit. Industry low salary package. Salary not delivered in right time. Company fraud with both customer and employees.. Manager and TL both are drink beer in office. Manager steal petty cash and deposit many fake bills...

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Cholamandalam MS General Insurance Engineering Manager Salary FAQs

What is the salary of Engineering Manager at Cholamandalam MS General Insurance ?
The average salary of a Engineering Manager at Cholamandalam MS General Insurance in India typically ranges from ₹22.3 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 17 years to 21 years).

The top 10% of Engineering Manager at Cholamandalam MS General Insurance earn more than ₹40.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Engineering 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 5 Cholamandalam MS General Insurance employees in India.
What is the estimated take home salary of a Engineering Manager at Cholamandalam MS General Insurance in India?
The estimated take-home salary of a Engineering Manager at Cholamandalam MS General Insurance in India typically ranges from ₹1,74,659 to ₹1,81,419 per month. This is based on the average salary range of ₹22.3 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 17 years to 21 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 5 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 Engineering Manager in India?
Medi Assist India ₹30.0 Lakhs to ₹80.0 Lakhs per year
Principal Global Services ₹35.0 Lakhs to ₹44.0 Lakhs per year
Axis Max Life Insurance ₹35.7 Lakhs to ₹42.9 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 Engineering Manager in companies similar to Cholamandalam MS General Insurance in India?
The salary of a Engineering Manager 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:

Cognizant ₹12.9 Lakhs to ₹40.0 Lakhs per year
Larsen & Toubro Limited ₹9.0 Lakhs to ₹33.0 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 Engineering Manager at Cholamandalam MS General Insurance in India?
The salary growth for a Engineering Manager at Cholamandalam MS General Insurance depends on factors such as experience, performance, and promotions. On average, a Engineering Manager can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
15 years ₹22.3 Lakhs to ₹40.0 Lakhs per year
and so on.

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Cholamandalam MS General Insurance Engineering Manager salary in India ranges between ₹22.3 Lakhs to ₹40 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.