Cholamandalam MS General Insurance Bangalore / Bengaluru Operations Executive Salaries by 4 Employees

2 - 5 years exp.

₹2.2 Lakhs - ₹2.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

24% less than the average Operations Executive Salary in Insurance Companies for 2 - 5 years of experience

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Last Updated: 29 Mar 2023

Companies similar to Cholamandalam MS General Insurance for Operations Executive in Bangalore / Bengaluru

Cholamandalam MS General Insurance Operations Executive Salary

2 - 5 years exp. (4 salaries)

₹2.2 L/yr - ₹2.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Medi Assist India Operations Executive Salary 0 - 6 years exp. (37 salaries)	₹1.5 L/yr - ₹4 L/yr 22% more
Bharti AXA Life Insurance Operations Executive Salary 3 - 9 years exp. (9 salaries)	₹2.1 L/yr - ₹3.5 L/yr 26% more
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Axis Max Life Insurance Operations Executive Salary 1 - 6 years exp. (7 salaries)	₹2.4 L/yr - ₹3.4 L/yr 26% more
Future Generali India Life Insurance Operations Executive Salary 2 - 4 years exp. (4 salaries)	₹1.2 L/yr - ₹2.6 L/yr 1% less
Bajaj Allianz Life Insurance Operations Executive Salary 1 - 6 years exp. (3 salaries)	₹1.1 L/yr - ₹4.2 L/yr 20% more	1 job opening

Operations Executive salary at Cholamandalam MS General Insurance ranges between ₹2.2 Lakhs to ₹2.8 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Operations Executive salaries in Bangalore / Bengaluru

Last Updated: 29 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
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4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Customer Service Executive Salary

(15 salaries)

₹1.4 L/yr - ₹3 L/yr

Relationship Manager Salary

(3 salaries)

₹3.75 L/yr - ₹5.05 L/yr

Salary related reviews for Cholamandalam MS General Insurance

5.0

Rated by 1 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

Senior Officer in Trichy

BFSI, Investments & Trading Department

5.0

• posted on 23 Apr 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good, appraisals are ok and they give salary hike and bonus every year.

Salary - Excellent

+4 more

Dislikes

Career growth is taking more time..they identify the good employees and they trying to help their growth bt it's not approved by management

Customer Service Executive

Operations Department

2.0

• posted on 10 Jun 2019

2.0

for Salary and Benefits

Likes

Good working environment and. Supportive superiors

Dislikes

Pay scale is too low and proper training will not be provided. Will get very little exposure. When it comes to promotion they only prefer candidates who work in that form from long time and also who is friendly with them and Key people of that company is from Tamil Nadu.. From this we can understand how they discourage other employees who are talented and have better qualifications.

Salary - Poor

+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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Cholamandalam MS General Insurance Operations Executive Salary FAQs

What is the salary of Operations Executive at Cholamandalam MS General Insurance in Bangalore / Bengaluru?

The average salary of a Operations Executive at Cholamandalam MS General Insurance in Bangalore / Bengaluru typically ranges from ₹2.2 Lakhs to ₹2.8 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Operations Executive in Bangalore / Bengaluru at Cholamandalam MS General Insurance earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Operations Executive 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 4 Cholamandalam MS General Insurance employees in India.

What is the estimated take home salary of a Operations Executive at Cholamandalam MS General Insurance in Bangalore / Bengaluru?

The estimated take-home salary of a Operations Executive at Cholamandalam MS General Insurance in Bangalore / Bengaluru typically ranges from ₹16,817 to ₹18,528 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from 2 years to 5 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 4 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 Operations Executive in India?

Axis Max Life Insurance	₹2.4 Lakhs to ₹3.4 Lakhs per year
Bharti AXA Life Insurance	₹2.1 Lakhs to ₹3.5 Lakhs per year
Medi Assist India	₹1.5 Lakhs to ₹4.0 Lakhs per year
Bajaj Allianz Life Insurance	₹1.1 Lakhs to ₹4.2 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 Operations Executive in companies similar to Cholamandalam MS General Insurance in Bangalore / Bengaluru?

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

Future Generali India Life Insurance

₹1.2 Lakhs to ₹2.6 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 Operations Executive at Cholamandalam MS General Insurance in Bangalore / Bengaluru?

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

Experience	Average Salary Range
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
3 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
4 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
5 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Operations Executive Salaries in Bangalore / Bengaluru

Cholamandalam MS General Insurance Operations Executive salary in Bangalore / Bengaluru ranges between ₹2.2 Lakhs to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.