Cholamandalam MS General Insurance Jabalpur Salaries by 10+ Employees (Updated 2025)

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BFSI, Investments & Trading

Designation	Avg Annual Salary	Open Jobs
Area Head 9 - 15 years exp. · Jabalpur (5 salaries)	₹6 L/yr - ₹10.5 L/yr
Starting your career? Discover Cholamandalam MS General Insurance fresher salaries in India
Relationship Manager 3 - 4 years exp. · Jabalpur (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.2 L/yr
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Starting your career? Discover Cholamandalam MS General Insurance fresher salaries in India
Partnership Distribution Lead 5 - 8 years exp. · Jabalpur (AmbitionBox Estimate)	₹3.4 L/yr - ₹3.7 L/yr
Starting your career? Discover Cholamandalam MS General Insurance fresher salaries in India
Senior Business Lead 3 - 4 years exp. · Jabalpur (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
Starting your career? Discover Cholamandalam MS General Insurance fresher salaries in India

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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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Salary related reviews for Cholamandalam MS General Insurance

3.9

Rated by 9 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

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.

General Insurance in Cuttack

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...

Salary - Bad

+6 more

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Cholamandalam MS General Insurance interview questions by designations

Agency Manager (4)Branch Manager (4)Area Manager (3)Senior Executive (3)

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Know more about Cholamandalam MS General Insurance Jabalpur

Cholamandalam MS General Insurance Salary FAQs

How much does Cholamandalam MS General Insurance pay to its employees?

The average annual salary at Cholamandalam MS General Insurance varies depending on the role, experience, and location. The salary ranges for some popular designations at Cholamandalam MS General Insurance, are as follows:

Area Head	₹6 Lakhs to ₹10.5 Lakhs per year
Relationship Manager	₹3.2 Lakhs to ₹4.2 Lakhs per year
Partnership Distribution Lead	₹3.4 Lakhs to ₹3.7 Lakhs per year
Senior Business Lead	₹3.2 Lakhs to ₹4 Lakhs per year

The highest-paying role, Chief Digital Officer, earns between ₹42 Lakhs to ₹93 Lakhs per year. The top 10% of employees earn more than ₹13 Lakhs per year, and the top 1% earn over ₹38.3 Lakhs per year. 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 salary estimates are based on data from 11 salaries submitted by Cholamandalam MS General Insurance employees. Cholamandalam MS General Insurance is rated 3.9 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at Cholamandalam MS General Insurance in Jabalpur?

The salary of a fresher at Cholamandalam MS General Insurance in Jabalpur typically ranges from ₹1 Lakh to ₹8 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Agency Manager Salary	₹3 Lakhs to ₹6.5 Lakhs per year
Fresher as a Field Sales Manager Salary	₹3.1 Lakhs to ₹4 Lakhs per year
Fresher as a Customer Service Executive Salary	₹1 Lakhs to ₹2.2 Lakhs per year
Fresher as a Insurance Trainee Salary	₹3.5 Lakhs to ₹3.6 Lakhs per year

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Average annual salary in Cholamandalam MS General Insurance , Jabalpur is INR . Salary estimates are based on 10+ Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.