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Cholamandalam MS General Insurance

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3.8

based on 1.9k Reviews

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Mumbai
BFSI, Investments & Trading

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Cholamandalam MS General Insurance BFSI, Investments & Trading Department Salaries in Mumbai

based on 85 latest salaries
Designation Avg Annual Salary Open Jobs

Area Head

6 - 18 years exp. · Mumbai (8 salaries)
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₹4.6 L/yr - ₹16.5 L/yr

Relationship Manager

1 - 6 years exp. · Mumbai (5 salaries)
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₹2.7 L/yr - ₹4.2 L/yr

Deputy Manager

6 - 11 years exp. · Mumbai (4 salaries)
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₹7 L/yr - ₹9.6 L/yr

Business Development Executive

0 - 3 years exp. · Mumbai (3 salaries)
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₹2 L/yr - ₹3.5 L/yr

Starting your career? Discover Cholamandalam MS General Insurance fresher salaries in India

Deputy General Manager

27 - 30 years exp. · Mumbai (3 salaries)
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₹30 L/yr - ₹32 L/yr

Senior Relationship Manager

3 - 10 years exp. · Mumbai (3 salaries)
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₹3.5 L/yr - ₹4.8 L/yr

Territory Manager

13 years exp. · Mumbai (AmbitionBox Estimate)
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₹7.3 L/yr - ₹11 L/yr

Senior Sales Executive

5 - 6 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.3 L/yr - ₹3.5 L/yr

Branch Head

11 - 12 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.2 L/yr - ₹7.3 L/yr

Chief Manager

16 - 17 years exp. · Mumbai (AmbitionBox Estimate)
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₹24 L/yr - ₹26.1 L/yr

Underwriter

5 - 9 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.5 L/yr - ₹9.9 L/yr

Assistant Branch Manager

3 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4 L/yr

Training Manager

12 - 13 years exp. · Mumbai (AmbitionBox Estimate)
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₹10 L/yr - ₹11.1 L/yr

Branch Manager

6 - 9 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.5 L/yr - ₹6.6 L/yr

Customer Service Executive

1 - 4 years exp. · Mumbai (AmbitionBox Estimate)
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₹1.4 L/yr - ₹2.2 L/yr

Branch Operation Officer

4 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.6 L/yr - ₹2.7 L/yr

Commercial Manager

7 - 12 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.5 L/yr - ₹10.8 L/yr

Underwriting Manager

11 - 15 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.8 L/yr - ₹11.9 L/yr

Sales Manager

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.3 L/yr

Lead Generation Executive

9 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

Last Updated: 25 Jan, 2025

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fathersahaab
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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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Salary related reviews for Cholamandalam MS General Insurance

3.7

Rated by 21 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.

read more

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

read more
  • Promotions - Bad
    • +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.

read more
  • 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...

read more
  • Salary - Bad
    • +6 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.

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  • 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.

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  • Skill development - Bad
    • +4 more
see more salary related reviews

Cholamandalam MS General Insurance interview questions by designations

Branch Manager (4)Agency Manager (4)Sales Manager (3)Customer Service Executive (3)
View all 75 interview experiences

Know more about Cholamandalam MS General Insurance Mumbai

More about working at Cholamandalam MS General Insurance

Cholamandalam MS General Insurance Salary FAQs

How much does Cholamandalam MS General Insurance pay per year?
The average Cholamandalam MS General Insurance salary ranges from approximately ₹1 Lakh to ₹2 Lakhs per year for a Data Entry Executive and ₹42 Lakhs to ₹93 Lakhs per year for a Chief Digital Officer. Salary estimates are based on 85 Cholamandalam MS General Insurance salaries received from various employees of Cholamandalam MS General Insurance. Cholamandalam MS General Insurance employees rate the overall salary and benefits package 3.7/5 stars.
What is the highest salary in Cholamandalam MS General Insurance?
The highest-paying job at Cholamandalam MS General Insurance is a Chief Digital Officer with a salary of ₹42 Lakhs to ₹93 Lakhs per year. The top 10% of employees earn more than ₹12.55 lakhs per year. The top 1% earn more than a whopping ₹36 lakhs per year.
What is the minimum salary in Cholamandalam MS General Insurance?
Minimum salary at Cholamandalam MS General Insurance depends on the role you are applying for. For Customer Service Executive the minimum salary is ₹1 Lakh to ₹3.5 Lakhs per year, and for Agency Manager the minimum salary is ₹2.5 Lakhs to ₹4.7 Lakhs per year and so on.
What is the salary package for freshers in Cholamandalam MS General Insurance?
The average salary at Cholamandalam MS General Insurance for freshers varies from ₹1 Lakh to ₹2.2 Lakhs per year for Customer Service Executive and ₹3.5 Lakhs to ₹8 Lakhs per year for Management Trainee.
What is the notice period at Cholamandalam MS General Insurance in BFSI, Investments & Trading Department in Mumbai?
According to AmbitionBox, 60% of the Cholamandalam MS General Insurance employees in BFSI, Investments & Trading Department in Mumbai reported a notice period of 3 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 42 responses on AmbitionBox in last 2 years.

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Average annual salary in BFSI, Investments & Trading department at Cholamandalam MS General Insurance , Mumbai is INRunlock blur . Salary estimates are based on 85 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

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