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

3 - 11 years exp.

₹4.9 Lakhs - ₹13.8 Lakhs

Salary of majority employees

52% less than the average Manager Salary in Insurance Companies for 3 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 5 - 10 years exp. (5 salaries)	₹4.9 L/yr - ₹7.7 L/yr
Customer Success, Service & Operations Manager Salary 9 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹7.4 L/yr
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Marketing & Communication Manager Salary 3 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹9.2 L/yr
Sales & Business Development Manager Salary 10 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹8.5 L/yr

Last Updated: 10 Oct 2024

Companies similar to Cholamandalam MS General Insurance for Manager in Mumbai

Cholamandalam MS General Insurance Manager Salary

3 - 11 years exp. (11 salaries)

₹4.9 L/yr - ₹13.8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Manager Salary 0 - 14 years exp. (129 salaries)	₹3.5 L/yr - ₹12 L/yr 10% less
HDFC Ergo General Insurance Manager Salary 4 - 16 years exp. (146 salaries)	₹4.5 L/yr - ₹15 L/yr 26% more
Login to view exact salary
Bajaj Allianz General Insurance Manager Salary 6 - 19 years exp. (8 salaries)	₹11.8 L/yr - ₹21 L/yr 105% more	1 job opening
Reliance General Insurance Manager Salary 2 - 17 years exp. (73 salaries)	₹5 L/yr - ₹12.4 L/yr 1% more
Tata AIG Manager Salary 1 - 11 years exp. (204 salaries)	₹4 L/yr - ₹11.4 L/yr 13% less	8 job openings
SBI General Insurance Manager Salary 1 - 13 years exp. (44 salaries)	₹6.5 L/yr - ₹15 L/yr 16% more
Future Generali India Life Insurance Manager Salary 4 - 18 years exp. (71 salaries)	₹6.2 L/yr - ₹22.3 L/yr 80% more	2 job openings
Aditya Birla Health Insurance Co Manager Salary 2 - 12 years exp. (129 salaries)	₹4.7 L/yr - ₹18 L/yr 31% more
Edelweiss Life Insurance Manager Salary 4 - 12 years exp. (71 salaries)	₹4.9 L/yr - ₹14 L/yr 8% more
Bharti AXA Life Insurance Manager Salary 3 - 16 years exp. (67 salaries)	₹6.5 L/yr - ₹17.4 L/yr 66% more
IndiaFirst Life Insurance Manager Salary 3 - 16 years exp. (50 salaries)	₹6 L/yr - ₹16 L/yr 51% more
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Star Union Dai-ichi Life Insurance Manager Salary 1 - 15 years exp. (47 salaries)	₹6.3 L/yr - ₹19.2 L/yr 62% more	1 job opening
ManipalCigna Health Insurance Manager Salary 5 - 18 years exp. (35 salaries)	₹8 L/yr - ₹18.5 L/yr 72% more
Bajaj Allianz Life Insurance Manager Salary 3 - 17 years exp. (37 salaries)	₹8.4 L/yr - ₹18.5 L/yr 65% more	1 job opening
Medi Assist India Manager Salary 8 - 16 years exp. (27 salaries)	₹4 L/yr - ₹11.5 L/yr 14% more	4 job openings
Ageas Federal Life Insurance Manager Salary 4 - 17 years exp. (23 salaries)	₹9.5 L/yr - ₹21.9 L/yr 99% more
Max Life Insurance Manager Salary 5 - 16 years exp. (19 salaries)	₹4 L/yr - ₹15 L/yr 15% more	16 job openings
Aviva Life Insurance India Manager Salary 3 - 14 years exp. (4 salaries)	₹7.5 L/yr - ₹14 L/yr 34% more
Life Insurance Corporation of India Manager Salary 3 - 17 years exp. (3 salaries)	₹4.9 L/yr - ₹10.9 L/yr At par

Manager salary at Cholamandalam MS General Insurance ranges between ₹4.9 Lakhs to ₹13.8 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 11 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Manager salaries in Mumbai

Last Updated: 10 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹12.3 L/yr
4 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹12.7 L/yr
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5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.6 L/yr
6 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
7 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
9 years (3 salaries)	₹3.2 L/yr - ₹14.5 L/yr
10 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹10.5 L/yr
11 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹15.3 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

Deputy Manager Salary

(8 salaries)

₹6 L/yr - ₹11 L/yr

Deputy General Manager Salary

(3 salaries)

₹30 L/yr - ₹32 L/yr

Management Trainee Salary

(3 salaries)

₹3.5 L/yr - ₹5.07 L/yr

Salary related reviews for Cholamandalam MS General Insurance

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

Dislikes

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

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.

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.

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...

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

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.

see more salary related reviews

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2w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Cholamandalam MS General Insurance Manager Salary FAQs

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

Manager salary at Cholamandalam MS General Insurance in Mumbai ranges between ₹4.9 Lakhs to ₹13.8 Lakhs for experience between 3 years to 11 years. According to our estimates it is 52% less than the average Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Cholamandalam MS General Insurance Mumbai.

How does the salary of a Manager at Cholamandalam MS General Insurance Mumbai compare with the average salary range for this job?

The average salary of a Manager at Cholamandalam MS General Insurance is 52% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam MS General Insurance to a Manager in Mumbai?

Bajaj Allianz General Insurance Manager Salary - ₹11.8 Lakhs to ₹21.0 Lakhs per year
Ageas Federal Life Insurance Manager Salary - ₹9.5 Lakhs to ₹21.9 Lakhs per year
Future Generali India Life Insurance Manager Salary - ₹6.2 Lakhs to ₹22.3 Lakhs per year
ManipalCigna Health Insurance Manager Salary - ₹8.0 Lakhs to ₹18.5 Lakhs per year
Bharti AXA Life Insurance Manager Salary - ₹6.5 Lakhs to ₹17.4 Lakhs per year

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

Bajaj Allianz Life Insurance Manager Salary - ₹8.4 Lakhs to ₹18.5 Lakhs per year
Star Union Dai-ichi Life Insurance Manager Salary - ₹6.3 Lakhs to ₹19.2 Lakhs per year
IndiaFirst Life Insurance Manager Salary - ₹6.0 Lakhs to ₹16.0 Lakhs per year
Aviva Life Insurance India Manager Salary - ₹7.5 Lakhs to ₹14.0 Lakhs per year
Aditya Birla Health Insurance Co Manager Salary - ₹4.7 Lakhs to ₹18.0 Lakhs per year

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

The estimated take-home salary of a Manager at Cholamandalam MS General Insurance ranges between ₹58,149 per month to ₹59,614 per month in Mumbai. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Manager salary in India which ranges between ₹4.9 Lakhs to ₹13.8 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Manager at Cholamandalam MS General Insurance in Mumbai?

According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Managers in Mumbai reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Manager Salaries in Mumbai

Cholamandalam MS General Insurance Manager salary in Mumbai ranges between ₹4.9 Lakhs to ₹13.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.