Cholamandalam MS General Insurance Executive Business Manager Salaries by 5 Employees (Updated 2025)

10 - 16 years exp.

₹4.9 Lakhs - ₹6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

9% less than the average Executive Business Manager Salary in Insurance Companies for 10 - 16 years of experience

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Last Updated: 20 Mar 2025

Companies similar to Cholamandalam MS General Insurance for Executive Business Manager

Company name	Avg Annual Salary	Open Jobs
Bharti AXA Life Insurance Executive Business Manager Salary 5 - 20 years exp. (4 salaries)	₹6.6 L/yr - ₹8 L/yr 25% more
Edelweiss Life Insurance Executive Business Manager Salary 5 - 15 years exp. (3 salaries)	₹5.5 L/yr - ₹6 L/yr 2% more
Login to view exact salary
PNB MetLife Executive Business Manager Salary 5 - 15 years exp. (46 salaries)	₹5.2 L/yr - ₹7.5 L/yr 15% more
Turtlemint Executive Business Manager Salary 2 - 8 years exp. (31 salaries)	₹4 L/yr - ₹5.5 L/yr 22% less
Shriram Life Insurance Executive Business Manager Salary 3 - 11 years exp. (5 salaries)	₹6 L/yr - ₹7 L/yr 17% more

Executive Business Manager salary at Cholamandalam MS General Insurance ranges between ₹4.9 Lakhs to ₹6 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Executive Business Manager salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
13 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
14 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹10 L/yr
15+ years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

Area Business Manager Salary

(AmbitionBox Estimate)

₹11.4 L/yr - ₹14.6 L/yr

Business Manager Salary

(17 salaries)

₹4 L/yr - ₹6.5 L/yr

Senior Sales Manager Salary

(13 salaries)

₹3.5 L/yr - ₹5.6 L/yr

Assistant Sales Manager Salary

(7 salaries)

₹3 L/yr - ₹4.35 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Area Sales Manager Salary

(39 salaries)

₹5.11 L/yr - ₹13.6 L/yr

Relationship Manager Salary

(140 salaries)

₹2.1 L/yr - ₹6 L/yr

Regional Manager Salary

(24 salaries)

₹12.7 L/yr - ₹24 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Deputy Manager Salary

(66 salaries)

₹4 L/yr - ₹11.25 L/yr

Top skills at Cholamandalam MS General Insurance for Executive Business Manager

Sales Planning Recruitment Management Sales Marketing agency development

Salary related reviews for Cholamandalam MS General Insurance

5.0

Rated by 1 employees for salary & benefits

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

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

Territory Manager in Khammam

Health Insurance Department

5.0

• posted on 15 Feb 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 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

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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 Executive Business Manager Salary FAQs

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

The average salary of a Executive Business Manager at Cholamandalam MS General Insurance in India typically ranges from ₹4.9 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 10 years to 16 years).

The top 10% of Executive Business Manager at Cholamandalam MS General Insurance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Executive Business 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 Executive Business Manager at Cholamandalam MS General Insurance in India?

The estimated take-home salary of a Executive Business Manager at Cholamandalam MS General Insurance in India typically ranges from ₹42,188 to ₹43,320 per month. This is based on the average salary range of ₹4.9 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 10 years to 16 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.

What are the key skills required to be a Executive Business Manager at Cholamandalam MS General Insurance ?

To be a Executive Business Manager at Cholamandalam MS General Insurance in india, the key skills required include:

- Sales Planning
- Recruitment Management
- Sales
- Marketing
- agency development

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 Executive Business Manager in India?

Bharti AXA Life Insurance	₹6.6 Lakhs to ₹8.0 Lakhs per year
Shriram Life Insurance	₹6.0 Lakhs to ₹7.0 Lakhs per year
PNB MetLife	₹5.2 Lakhs to ₹7.5 Lakhs per year
Edelweiss Life Insurance	₹5.5 Lakhs to ₹6.0 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 Executive Business Manager in companies similar to Cholamandalam MS General Insurance in India?

The salary of a Executive Business 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:

Turtlemint

₹4.0 Lakhs to ₹5.5 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 Executive Business Manager at Cholamandalam MS General Insurance in India?

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

Experience	Average Salary Range
10 years	₹2.2 Lakhs to ₹6.0 Lakhs per year
11 years	₹2.2 Lakhs to ₹6.0 Lakhs per year
12 years	₹2.2 Lakhs to ₹6.0 Lakhs per year
13 years	₹5.0 Lakhs to ₹6.4 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Executive Business Manager Salaries

Cholamandalam MS General Insurance Executive Business Manager salary in India ranges between ₹4.9 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

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

Companies similar to Cholamandalam MS General Insurance for Executive Business Manager

Latest annual salaries shared by Cholamandalam MS General Insurance Executive Business Manager

Experience wise Cholamandalam MS General Insurance Executive Business Manager salaries

Similar Designation salaries in Cholamandalam MS General Insurance

Top skills at Cholamandalam MS General Insurance for Executive Business Manager

Salary related reviews for Cholamandalam MS General Insurance

Area Manager in Bikaner

Sales Manager in New Delhi

Deputy Manager in Chennai

Territory Manager in Khammam

Agency Manager in Ahmednagar

Cholamandalam MS General Insurance Executive Business Manager Salary FAQs

Tell us how to improve this page.

Cholamandalam MS General Insurance Executive Business Manager Salaries by Location