Cholamandalam MS General Insurance Chennai Manager Salaries by 20+ Employees

3 - 13 years exp.

₹4.3 Lakhs - ₹15 Lakhs

Avg. annual salary

Monthly In-hand Salary

49% less than the average Manager Salary in Insurance Companies for 3 - 13 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Manager Salary 3 - 12 years exp. (7 salaries)	₹8.5 L/yr - ₹12.5 L/yr
Customer Success, Service & Operations Manager Salary 5 - 12 years exp. (5 salaries)	₹4.9 L/yr - ₹9.2 L/yr
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BFSI, Investments & Trading Manager Salary 9 - 12 years exp. (4 salaries)	₹4.3 L/yr - ₹12 L/yr
Administration & Facilities Manager Salary 6 - 10 years exp. (4 salaries)	₹5 L/yr - ₹9 L/yr
Marketing & Communication Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹7.9 L/yr - ₹15 L/yr

View all

Last Updated: 6 Oct 2024

Companies similar to Cholamandalam MS General Insurance for Manager in Chennai

Cholamandalam MS General Insurance Manager Salary

3 - 13 years exp. (27 salaries)

₹4.3 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
Royal Sundaram General Insurance Manager Salary 12 - 16 years exp. (7 salaries)	₹11.2 L/yr - ₹23 L/yr 81% more
Aditya Birla Health Insurance Co Manager Salary 7 - 12 years exp. (7 salaries)	₹5.4 L/yr - ₹13 L/yr At par
Login to view exact salary
Medi Assist India Manager Salary 9 - 18 years exp. (6 salaries)	₹7 L/yr - ₹10.5 L/yr 7% more	1 job opening
Axis Max Life Insurance Manager Salary 4 - 13 years exp. (4 salaries)	₹4 L/yr - ₹13.3 L/yr 1% more	2 job openings
Cognizant Manager Salary 8 - 20 years exp. (1.6k salaries)	₹13 L/yr - ₹40.5 L/yr 184% more

Manager salary at Cholamandalam MS General Insurance ranges between ₹4.3 Lakhs to ₹15 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 27 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Manager in Chennai

6mo ago

₹15 Lakhs

12 years exp.

6mo ago

₹7 Lakhs

3 years exp.

6mo ago

₹5 Lakhs

5 years exp.

6mo ago

₹9.2 Lakhs

12 years exp.

9mo ago

₹5 Lakhs

6 years exp.

9mo ago

6 years exp.

1y ago

11 years exp.

1y ago

7 years exp.

1y ago

11 years exp.

1y ago

10 years exp.

Experience wise Cholamandalam MS General Insurance Manager salaries in Chennai

Last Updated: 6 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
4 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
Login to view exact salary
5 years (3 salaries)	₹4.9 L/yr - ₹10.3 L/yr
6 years (3 salaries)	₹5 L/yr - ₹12.5 L/yr
7 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
8 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
9 years (4 salaries)	₹5 L/yr - ₹10.5 L/yr
10 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.3 L/yr
11 years (3 salaries)	₹3.6 L/yr - ₹15 L/yr
12 years (6 salaries)	₹4.3 L/yr - ₹15 L/yr
13 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

Deputy Manager Salary

(35 salaries)

₹6.2 L/yr - ₹11 L/yr

Management Trainee Salary

(6 salaries)

₹3.6 L/yr - ₹8 L/yr

Deputy General Manager Salary

(4 salaries)

₹25 L/yr - ₹32.95 L/yr

Salary related reviews for Cholamandalam MS General Insurance

4.8

Rated by 3 employees for salary & benefits

Manager in Patna

Claims and Marketing Department

3.0

• posted on 25 Dec 2020

1.0

for Salary and Benefits

Likes

There is 2 sister's company in this organisation One is CholaMS pay roll other one CDISPL . CholaMS is good, CDISPL is not good. PLEASE ask hr clear

Job security - Excellent

+2 more

Dislikes

HR will not clear you about which company they hired you . CholaMS GIC Ltd is good. CDISP is not good.

Salary - Bad

+2 more

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

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

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Cholamandalam MS General Insurance Manager Salary FAQs

What is the salary of Manager at Cholamandalam MS General Insurance in Chennai?

The average salary of a Manager at Cholamandalam MS General Insurance in Chennai typically ranges from ₹4.3 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Manager in Chennai at Cholamandalam MS General Insurance earn more than ₹13.7 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Manager 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 estimates are based on salary data submitted by 20+ Cholamandalam MS General Insurance employees in India.

What is the estimated take home salary of a Manager at Cholamandalam MS General Insurance in Chennai?

The estimated take-home salary of a Manager at Cholamandalam MS General Insurance in Chennai typically ranges from ₹62,666 to ₹64,258 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 3 years to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of Cholamandalam MS General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Cholamandalam MS General Insurance for Manager in India?

Cognizant	₹13.0 Lakhs to ₹40.5 Lakhs per year
Royal Sundaram General Insurance	₹11.2 Lakhs to ₹23.0 Lakhs per year
Medi Assist India	₹7.0 Lakhs to ₹10.5 Lakhs per year
Axis Max Life Insurance	₹4.0 Lakhs to ₹13.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Cholamandalam MS General Insurance, depending on the role and experience level.

What is the salary of a Manager in companies similar to Cholamandalam MS General Insurance in Chennai?

The salary of a Manager at companies similar to Cholamandalam MS General Insurance in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Health Insurance Co

₹5.4 Lakhs to ₹13.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
3 years	₹6.9 Lakhs to ₹8.8 Lakhs per year
4 years	₹7.0 Lakhs to ₹9.0 Lakhs per year
5 years	₹4.9 Lakhs to ₹10.3 Lakhs per year
6 years	₹5.0 Lakhs to ₹12.5 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Manager Salaries in Chennai

Cholamandalam MS General Insurance Manager salary in Chennai ranges between ₹4.3 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.