Cholamandalam MS General Insurance Mumbai Insurance Sales Manager Salaries by 2 Employees

3 - 7 years exp.

₹4 Lakhs - ₹5.1 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

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Salaries in different departments

BFSI, Investments & Trading Insurance Sales Manager Salary 3 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.3 L/yr
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Sales & Business Development Insurance Sales Manager Salary 7 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5 L/yr

Last Updated: 14 May 2024

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

Cholamandalam MS General Insurance Insurance Sales Manager Salary

3 - 7 years exp. (AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Insurance Sales Manager Salary 4 - 7 years exp. (3 salaries)	₹4.3 L/yr - ₹5.6 L/yr 14% more

Insurance Sales Manager salary at Cholamandalam MS General Insurance ranges between ₹4 Lakhs to ₹5.1 Lakhs per year for employees with experience between 3 years to 7 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

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

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.

Salary - Excellent

+6 more

Dislikes

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

Area Head in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 15 Apr 2022

3.0

for Salary and Benefits

Likes

Overall company is good. Working culture is satisfactory. Salary compensation is also as per industry norms .

Dislikes

I can't say much because I am not dissatisfied with company,I am dissatisfied with my channel. But still I can say company should change their approach according to the market competition. Orthodox and old system should change time to time.

Skill development - Poor

+1 more

Agency Manager in Purnia

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Aug 2021

2.0

for Salary and Benefits

Likes

...ms IT is so weak and it will take atleast more than 5 years to improvise his IT.they are providing good compensation as well, there are no support from HR and supervisor's even is your super boss also don't provide any support.

Skill development - Good

Dislikes

Training part is good in chola ms otherwise any other benefits is vulnerable.

Salary - Poor

Agency Manager in Jaipur

BFSI, Investments & Trading Department

5.0

• posted on 18 May 2018

5.0

for Salary and Benefits

Likes

...NVIRONMENT . QUICK AND PROMPT SERVICE. NICE CAREER GROWTH IN THIS ORGANIZATION. GOOD SALARY AND ALSO GIVEN APPRAISAL. ALL TRAVEL CLAIMS CAME ON TIME . NO ANY POLITICS IN COMPANY. WHO WILL WORK WELL. THEN COMPANY GIVEN PROMOTION AND INCENTIVE ETC.

Salary - Excellent

+5 more

Dislikes

I MOSTLY DISLIKE THAT COMPANY WITHOUT ANY CONVERSATION WITH EMPLOYEE. CHANGE WORKING. FOR EXAMPLE COMPANY GIVEN TABS TO ALL EMPLOYEE. BUT WE CANT DO EXCEL WORK ON IT WHO SECURED WITH IT. LIKE. PRIMUM CALCULATOR. ONE MORE THING WHEN DISCUSSING WITH ALL EMPLOYEES THAN WHY GIVEN TABLET. WHEN WE REQUIRRED LAPTOP FOR WORK. ITS EASY FOR BOTH. FAST WORKING IN LESS TIME. OR ON TAB ITS NOT WORKING PROPERLY. BECAUSE ALL DEPENDS ON RAM. VERY SLOW INTERNET WHEN SUBMITING PROPOSALS IN IT. MOST TIME ITS SYNCRONIGE. FOR 1 PROPOSAL SUBMITING TAKE TIME MORW THEN 15-20 MIN.

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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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How the salary growth look like for a Insurance Sales Manager at Cholamandalam MS General Insurance in Mumbai?

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

Experience	Average Salary Range
3 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
4 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
5 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
6 years	₹4.0 Lakhs to ₹5.1 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Insurance Sales Manager Salaries in Mumbai

Cholamandalam MS General Insurance Insurance Sales Manager salary in Mumbai ranges between ₹4 Lakhs to ₹5.1 Lakhs. This is an estimate based on latest salaries received from employees of Cholamandalam MS General Insurance.