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Cholamandalam MS General Insurance Manager salaries in Pune

Annual salary range
5 - 13 years exp.
₹6.1 Lakhs - ₹12.5 Lakhs
Salary of majority employees
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54% less than the average Manager Salary in Insurance Companies for 5 - 13 years of experience

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Salaries in different departments

Sales & Business Development
Manager Salary
5 - 7 years exp. (3 salaries)
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₹5.1 L/yr - ₹6.9 L/yr

BFSI, Investments & Trading
Manager Salary
11 - 13 years exp. (AmbitionBox Estimate)
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₹6.1 L/yr - ₹9.5 L/yr

Last Updated: 15 Mar 2023

Companies similar to Cholamandalam MS General Insurance for Manager in Pune

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Cholamandalam MS General Insurance Manager Salary

5 - 13 years exp. (5 salaries)

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₹6.1 L/yr - ₹12.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bajaj Allianz Life Insurance Manager Salary

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₹7.6 L/yr - ₹22 L/yr

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Axis Max Life Insurance Manager Salary

4 - 12 years exp. (8 salaries)

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₹4.9 L/yr - ₹12 L/yr

At par
5 job openings
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SBI General Insurance Manager Salary

1 - 9 years exp. (8 salaries)

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₹7.5 L/yr - ₹10 L/yr

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Paramount Health Services Tpa Manager Salary

6 - 10 years exp. (8 salaries)

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₹2.1 L/yr - ₹5 L/yr

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Medi Assist India Manager Salary

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₹6.2 L/yr - ₹11 L/yr

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Bharti AXA Life Insurance Manager Salary

3 - 13 years exp. (7 salaries)

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₹6 L/yr - ₹11.4 L/yr

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IndiaFirst Life Insurance Manager Salary

6 - 11 years exp. (6 salaries)

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₹4.6 L/yr - ₹10.1 L/yr

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₹8 L/yr - ₹12 L/yr

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₹9.2 L/yr - ₹16.5 L/yr

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Principal Global Services Manager Salary

8 - 20 years exp. (4 salaries)

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₹21.5 L/yr - ₹40 L/yr

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Edelweiss Life Insurance Manager Salary

5 - 11 years exp. (4 salaries)

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₹5 L/yr - ₹11 L/yr

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Allianz Partners Manager Salary

11 - 16 years exp. (3 salaries)

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₹9 L/yr - ₹13.3 L/yr

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₹7.5 L/yr - ₹20 L/yr

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1 job opening
Manager salary at Cholamandalam MS General Insurance ranges between ₹6.1 Lakhs to ₹12.5 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Manager salaries in Pune

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹8.5 L/yr
6 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.7 L/yr
7 years (AmbitionBox Estimate)

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₹7 L/yr - ₹8.9 L/yr
8 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹9.1 L/yr
9 years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹9.3 L/yr
View all

Similar Designation salaries in Cholamandalam MS General Insurance

Area Manager Salary
(11 salaries)
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₹8 L/yr - ₹16.28 L/yr
Senior Lead Salary
(8 salaries)
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₹2.75 L/yr - ₹4.5 L/yr
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₹1.5 L/yr - ₹3.5 L/yr

Salary related reviews for Cholamandalam MS General Insurance

3.0

Rated by 1 employees for salary & benefits

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

read more
  • 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

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +4 more

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.

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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

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  • Promotions - Bad
  • +3 more

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.

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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.

read more
  • Salary - Poor
  • +3 more
see more salary related reviews

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Cholamandalam MS General Insurance Manager Salary FAQs

What is the salary of Manager at Cholamandalam MS General Insurance in Pune?
The average salary of a Manager at Cholamandalam MS General Insurance in Pune typically ranges from ₹6.1 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Manager in Pune at Cholamandalam MS General Insurance earn more than ₹12.5 Lakhs per year, and the top 1% earn over ₹12.5 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 5 Cholamandalam MS General Insurance employees in India.
What is the estimated take home salary of a Manager at Cholamandalam MS General Insurance in Pune?
The estimated take-home salary of a Manager at Cholamandalam MS General Insurance in Pune typically ranges from ₹58,447 to ₹59,920 per month. This is based on the average salary range of ₹6.1 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 5 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 5 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?
Principal Global Services ₹21.5 Lakhs to ₹40.0 Lakhs per year
Bajaj Allianz Life Insurance ₹7.6 Lakhs to ₹22.0 Lakhs per year
Future Generali India Life Insurance ₹9.2 Lakhs to ₹16.5 Lakhs per year
Allianz Partners ₹9.0 Lakhs to ₹13.3 Lakhs per year
Star Union Dai-ichi Life Insurance ₹7.5 Lakhs to ₹20.0 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 Pune?
The salary of a Manager at companies similar to Cholamandalam MS General Insurance in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bharti AXA Life Insurance ₹6.0 Lakhs to ₹11.4 Lakhs per year
Aditya Birla Health Insurance Co ₹8.0 Lakhs to ₹12.0 Lakhs per year
Medi Assist India ₹6.2 Lakhs to ₹11.0 Lakhs per year
Edelweiss Life Insurance ₹5.0 Lakhs to ₹11.0 Lakhs per year
IndiaFirst Life Insurance ₹4.6 Lakhs to ₹10.1 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 Pune?
The salary growth for a Manager at Cholamandalam MS General Insurance in Pune depends on factors such as experience, performance, and promotions. On average, a Manager in Pune can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
5 years ₹6.6 Lakhs to ₹8.5 Lakhs per year
6 years ₹6.8 Lakhs to ₹8.7 Lakhs per year
7 years ₹7.0 Lakhs to ₹8.9 Lakhs per year
8 years ₹7.1 Lakhs to ₹9.1 Lakhs per year
and so on.

Tell us how to improve this page.

Cholamandalam MS General Insurance Manager salary in Pune ranges between ₹6.1 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.