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

0 - 2 years exp.

₹3.5 Lakhs - ₹8 Lakhs

Salary of majority employees

29% less than the average Management Trainee Salary in Insurance Companies for 0 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹4 L/yr - ₹8 L/yr
Data Science & Analytics Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹7.5 L/yr - ₹8 L/yr
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Finance & Accounting Management Trainee Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹5.2 L/yr
Sales & Business Development Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.7 L/yr

Last Updated: 20 Jan 2024

Companies similar to Cholamandalam MS General Insurance for Management Trainee

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (151 salaries)	₹3.7 L/yr - ₹12 L/yr 60% more
HDFC Ergo General Insurance Management Trainee Salary 0 - 1 year exp. (8 salaries)	₹6 L/yr - ₹14.8 L/yr 178% more
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Bajaj Allianz General Insurance Management Trainee Salary 0 - 3 years exp. (76 salaries)	₹5.4 L/yr - ₹9.5 L/yr 56% more
Reliance General Insurance Management Trainee Salary 0 - 3 years exp. (79 salaries)	₹1.8 L/yr - ₹10 L/yr 10% more
Tata AIG Management Trainee Salary 0 - 1 year exp. (193 salaries)	₹3.8 L/yr - ₹12 L/yr 71% more
SBI General Insurance Management Trainee Salary 0 - 3 years exp. (27 salaries)	₹4 L/yr - ₹12 L/yr 59% more
Future Generali India Life Insurance Management Trainee Salary 0 - 1 year exp. (10 salaries)	₹2.7 L/yr - ₹11 L/yr 40% more
Digit Insurance Management Trainee Salary 0 - 3 years exp. (69 salaries)	₹5 L/yr - ₹18 L/yr 100% more
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 6 years exp. (34 salaries)	₹3 L/yr - ₹9.5 L/yr 16% more
Shriram General Insurance Management Trainee Salary 0 - 2 years exp. (25 salaries)	₹2.6 L/yr - ₹6.8 L/yr 5% less
Axa XL Management Trainee Salary 0 - 4 years exp. (23 salaries)	₹8.2 L/yr - ₹12 L/yr 113% more	1 job opening
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Star Union Dai-ichi Life Insurance Management Trainee Salary 0 - 2 years exp. (22 salaries)	₹4.5 L/yr - ₹17.3 L/yr 89% more
Axis Max Life Insurance Management Trainee Salary 0 - 4 years exp. (15 salaries)	₹16 L/yr - ₹22 L/yr 302% more
Allianz Partners Management Trainee Salary 0 - 7 years exp. (13 salaries)	₹2.7 L/yr - ₹4.7 L/yr 24% less
Bharti AXA Life Insurance Management Trainee Salary 0 - 1 year exp. (13 salaries)	₹2 L/yr - ₹10 L/yr 7% more
Aditya Birla Health Insurance Co Management Trainee Salary 0 - 1 year exp. (10 salaries)	₹3 L/yr - ₹12 L/yr 48% more
Aviva Life Insurance India Management Trainee Salary 0 - 3 years exp. (7 salaries)	₹4 L/yr - ₹10 L/yr 21% more
Edelweiss Life Insurance Management Trainee Salary 0 - 1 year exp. (7 salaries)	₹4.5 L/yr - ₹13 L/yr 80% more
IndiaFirst Life Insurance Management Trainee Salary 0 - 4 years exp. (5 salaries)	₹10 L/yr - ₹15 L/yr 137% more
Royal Sundaram General Insurance Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹2.4 L/yr - ₹10.8 L/yr 12% more

View all

Management Trainee salary at Cholamandalam MS General Insurance ranges between ₹3.5 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 17 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Management Trainee salaries

Last Updated: 20 Jan 2024

Experience	Avg Annual Salary
Fresher (9 salaries)	₹3.5 L/yr - ₹8 L/yr
1 year (7 salaries)	₹3.5 L/yr - ₹8 L/yr
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2 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.6 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Finance Executive Salary

(7 salaries)

₹2.1 L/yr - ₹3 L/yr

Accountant Salary

(3 salaries)

₹0.7 L/yr - ₹8.98 L/yr

Team Lead Salary

(36 salaries)

₹2.8 L/yr - ₹9.5 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Accounts Officer Salary

(6 salaries)

₹2.1 L/yr - ₹3.5 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Senior Associate Salary

(6 salaries)

₹1.2 L/yr - ₹4.93 L/yr

Process Associate Salary

(3 salaries)

₹1.5 L/yr - ₹2 L/yr

Deputy Manager Salary

(42 salaries)

₹5 L/yr - ₹11.2 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Salary related reviews for Cholamandalam MS General Insurance

2.1

Rated by 6 employees for salary & benefits

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

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.

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Cholamandalam MS General Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at Cholamandalam MS General Insurance?

Management Trainee salary at Cholamandalam MS General Insurance in India ranges between ₹3.5 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 29% less than the average Management Trainee Salary in India. Salary estimates are based on 17 latest salaries received from various employees of Cholamandalam MS General Insurance India.

How does the salary of a Management Trainee at Cholamandalam MS General Insurance India compare with the average salary range for this job?

The average salary of a Management Trainee at Cholamandalam MS General Insurance is 29% less than the average salary of a Management Trainee in India. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam MS General Insurance to a Management Trainee in India?

Axis Max Life Insurance Management Trainee Salary - ₹16.0 Lakhs to ₹22.0 Lakhs per year
Gallagher Management Trainee Salary - ₹8.8 Lakhs to ₹26.0 Lakhs per year
HDFC Ergo General Insurance Management Trainee Salary - ₹6.0 Lakhs to ₹14.8 Lakhs per year
IndiaFirst Life Insurance Management Trainee Salary - ₹10.0 Lakhs to ₹15.0 Lakhs per year
Axa XL Management Trainee Salary - ₹8.2 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Management Trainee in companies similar to Cholamandalam MS General Insurance in India?

Pramerica Life Insurance Management Trainee Salary - ₹8.0 Lakhs to ₹14.0 Lakhs per year
Digit Insurance Management Trainee Salary - ₹5.0 Lakhs to ₹18.0 Lakhs per year
Star Union Dai-ichi Life Insurance Management Trainee Salary - ₹4.5 Lakhs to ₹17.3 Lakhs per year
Edelweiss Life Insurance Management Trainee Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year
Tata AIG Management Trainee Salary - ₹3.8 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Management Trainee at Cholamandalam MS General Insurance in India?

The estimated take-home salary of a Management Trainee at Cholamandalam MS General Insurance ranges between ₹39,213 per month to ₹40,390 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Management Trainee salary in India which ranges between ₹3.5 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Management Trainee at Cholamandalam MS General Insurance?

According to AmbitionBox, 33% of the Cholamandalam MS General Insurance Management Trainees reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Management Trainee Salaries

Cholamandalam MS General Insurance Management Trainee salary in India ranges between ₹3.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Management Trainee salaries in India

Companies similar to Cholamandalam MS General Insurance for Management Trainee

Latest annual salaries shared by Cholamandalam MS General Insurance Management Trainee

Experience wise Cholamandalam MS General Insurance Management Trainee salaries

Similar Designation salaries in Cholamandalam MS General Insurance

Salary related reviews for Cholamandalam MS General Insurance

Deputy Manager in Chennai

Area Manager in Bikaner

Sales Manager in New Delhi

Agency Manager in Ahmednagar

Area Head in Pune

Cholamandalam MS General Insurance Management Trainee Salary FAQs

Tell us how to improve this page.

Cholamandalam MS General Insurance Management Trainee Salaries by Location