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Cholamandalam MS General Insurance

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3.9

based on 1.9k Reviews

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Cholamandalam MS General Insurance Healthcare & Life Sciences Department Salaries in India

based on 15 latest salaries
Designation Avg Annual Salary Open Jobs

Deputy Manager

6 - 8 years exp. (4 salaries)
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₹6.5 L/yr - ₹8.7 L/yr

Claims Manager

7 - 11 years exp. (4 salaries)
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₹6.9 L/yr - ₹10.5 L/yr

Deputy Manager Claims

8 - 11 years exp. (4 salaries)
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₹6.5 L/yr - ₹11 L/yr

Bancassurance Business Development Manager

7 - 8 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

Executive Branch Manager

5 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

Last Updated: 29 Aug, 2024

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Salary Discussions, Hike & Promotions
1w
a technical project manager
Deadend
Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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Salary related reviews for Cholamandalam MS General Insurance

4.4

Rated by 5 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...

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

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

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

Dislikes

weekly 1 off, need to change in 5 day working week.

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

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.

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see more salary related reviews

Cholamandalam MS General Insurance interview questions by designations

Branch Manager (4)Agency Manager (4)Sales Manager (3)Customer Service Executive (3)
View all 72 interview experiences
More about working at Cholamandalam MS General Insurance

Cholamandalam MS General Insurance Salary FAQs

How much does Cholamandalam MS General Insurance pay per year?
The average Cholamandalam MS General Insurance salary ranges from approximately ₹1 Lakh to ₹2 Lakhs per year for a Data Entry Executive and ₹42 Lakhs to ₹93 Lakhs per year for a Chief Digital Officer. Salary estimates are based on 15 Cholamandalam MS General Insurance salaries received from various employees of Cholamandalam MS General Insurance. Cholamandalam MS General Insurance employees rate the overall salary and benefits package 4.4/5 stars.
What is the highest salary in Cholamandalam MS General Insurance?
The highest-paying job at Cholamandalam MS General Insurance is a Chief Digital Officer with a salary of ₹42 Lakhs to ₹93 Lakhs per year. The top 10% of employees earn more than ₹12 lakhs per year. The top 1% earn more than a whopping ₹36 lakhs per year.
What is the minimum salary in Cholamandalam MS General Insurance?
Minimum salary at Cholamandalam MS General Insurance depends on the role you are applying for. For Customer Service Executive the minimum salary is ₹0.9 Lakh to ₹3.3 Lakhs per year, and for Agency Manager the minimum salary is ₹2.5 Lakhs to ₹4.7 Lakhs per year and so on.
What is the salary package for freshers in Cholamandalam MS General Insurance?
The average salary at Cholamandalam MS General Insurance for freshers varies from ₹1 Lakh to ₹2.2 Lakhs per year for Customer Service Executive and ₹3.5 Lakhs to ₹8 Lakhs per year for Management Trainee.
What is the notice period at Cholamandalam MS General Insurance in Healthcare & Life Sciences Department?
According to AmbitionBox, 38% of the Cholamandalam MS General Insurance employees in Healthcare & Life Sciences Department reported a notice period of 3 Months, 31% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 26 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Healthcare & Life Sciences Salaries by Location

Average annual salary in Healthcare & Life Sciences department at Cholamandalam MS General Insurance is INRunlock blur . Salary estimates are based on 15 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

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