Cholamandalam MS General Insurance Insurance Associate Salaries by 2 Employees

1 - 2 years exp.

₹2 Lakhs - ₹2.5 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 15 Mar 2023

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Insurance Associate salary at Cholamandalam MS General Insurance ranges between ₹2 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 2 latest salaries received from various employees of Cholamandalam MS General Insurance.

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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.

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

Senior Officer in Trichy

BFSI, Investments & Trading Department

5.0

• posted on 23 Apr 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good, appraisals are ok and they give salary hike and bonus every year.

Salary - Excellent

+4 more

Dislikes

Career growth is taking more time..they identify the good employees and they trying to help their growth bt it's not approved by management

Customer Service Executive

Operations Department

2.0

• posted on 10 Jun 2019

2.0

for Salary and Benefits

Likes

Good working environment and. Supportive superiors

Dislikes

Pay scale is too low and proper training will not be provided. Will get very little exposure. When it comes to promotion they only prefer candidates who work in that form from long time and also who is friendly with them and Key people of that company is from Tamil Nadu.. From this we can understand how they discourage other employees who are talented and have better qualifications.

Salary - Poor

+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

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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 Insurance Associate Salary FAQs

How the salary growth look like for a Insurance Associate at Cholamandalam MS General Insurance in India?

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

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years	₹2.2 Lakhs to ₹2.8 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Insurance Associate Salaries

Cholamandalam MS General Insurance Insurance Associate salary in India ranges between ₹2 Lakhs to ₹2.5 Lakhs. This is an estimate based on latest salaries received from employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Insurance Associate salaries in India

Companies similar to Cholamandalam MS General Insurance for Insurance Associate

Similar Designation salaries in Cholamandalam MS General Insurance

Salary related reviews for Cholamandalam MS General Insurance

Deputy Manager in Chennai

Senior Officer in Trichy

Customer Service Executive

Area Manager in Bikaner

Sales Manager in New Delhi

Cholamandalam MS General Insurance Insurance Associate Salary FAQs

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