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Cholamandalam MS General Insurance Operations Manager salaries in India

Annual salary range
0 - 5 years exp.
₹1 Lakh - ₹9 Lakhs
Salary of majority employees
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62% less than the average Operations Manager Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Operations Manager Salary
1 - 3 years exp. (7 salaries)
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₹1.1 L/yr - ₹5.7 L/yr

Customer Success, Service & Operations
Operations Manager Salary
0 - 2 years exp. (5 salaries)
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₹1 L/yr - ₹5.9 L/yr

Last Updated: 19 Jul 2024

Companies similar to Cholamandalam MS General Insurance for Operations Manager

Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹11 L/yr

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Medi Assist India Operations Manager Salary

7 - 18 years exp. (28 salaries)

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₹6 L/yr - ₹12 L/yr

arrow icon 108% more
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MetLife Operations Manager Salary

7 - 19 years exp. (22 salaries)

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₹16.6 L/yr - ₹30.4 L/yr

arrow icon 447% more
1 job opening
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₹3.5 L/yr - ₹15 L/yr

arrow icon 103% more
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₹3.4 L/yr - ₹10.6 L/yr

arrow icon 47% more
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₹15 L/yr - ₹27 L/yr

arrow icon 416% more
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₹6 L/yr - ₹12 L/yr

arrow icon 126% more
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Allianz Services Operations Manager Salary

9 - 17 years exp. (10 salaries)

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₹13.8 L/yr - ₹20 L/yr

arrow icon 310% more
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₹2.6 L/yr - ₹6.5 L/yr

arrow icon 26% more
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₹3.5 L/yr - ₹8.5 L/yr

arrow icon 24% more
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₹6 L/yr - ₹11.6 L/yr

arrow icon 111% more
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Family Health Plan Operations Manager Salary

3 - 16 years exp. (6 salaries)

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₹6.5 L/yr - ₹9 L/yr

arrow icon 84% more
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₹4.2 L/yr - ₹6.4 L/yr

arrow icon 28% more
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₹5 L/yr - ₹9.5 L/yr

arrow icon 112% more
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₹8.3 L/yr - ₹11.1 L/yr

arrow icon 130% more
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₹3.8 L/yr - ₹6.3 L/yr

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₹3.9 L/yr - ₹13.6 L/yr

arrow icon 100% more
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Gallagher Operations Manager Salary

16 - 19 years exp. (4 salaries)

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₹15.9 L/yr - ₹21.3 L/yr

arrow icon 349% more
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₹2 L/yr - ₹2.5 L/yr

arrow icon 49% less
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₹1.9 L/yr - ₹5 L/yr

arrow icon 12% less
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Operations Manager salary at Cholamandalam MS General Insurance ranges between ₹1 Lakh to ₹9 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 14 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Operations Manager

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Experience wise Cholamandalam MS General Insurance Operations Manager salaries

Last Updated: 19 Jul 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1 L/yr - ₹4.2 L/yr
1 year  (4 salaries)

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₹1.1 L/yr - ₹4.8 L/yr
2 years  (5 salaries)

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₹1.2 L/yr - ₹3.5 L/yr
3 years  (3 salaries)

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₹2.3 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
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Similar Designation salaries in Cholamandalam MS General Insurance

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₹2.1 L/yr - ₹6 L/yr
Senior Operations Manager Salary
(AmbitionBox Estimate)
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₹9.4 L/yr - ₹12 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹23 L/yr - ₹29.3 L/yr
Service Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Team Manager Salary
(3 salaries)
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₹10 L/yr - ₹26 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹24.3 L/yr - ₹31.1 L/yr
Branch Manager Salary
(202 salaries)
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₹2.92 L/yr - ₹8.82 L/yr
Area Manager Salary
(117 salaries)
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₹4.5 L/yr - ₹16.48 L/yr
Deputy Manager Salary
(66 salaries)
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₹4 L/yr - ₹11.25 L/yr
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₹22 L/yr - ₹28 L/yr

Salary related reviews for Cholamandalam MS General Insurance

4.5

Rated by 4 employees for salary & benefits

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

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

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

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

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.

see more salary related reviews

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Cholamandalam MS General Insurance Operations Manager Salary FAQs

What is the salary of Operations Manager at Cholamandalam MS General Insurance ?
The average salary of a Operations Manager at Cholamandalam MS General Insurance in India typically ranges from ₹1.0 Lakhs to ₹9.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Operations Manager at Cholamandalam MS General Insurance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Operations 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 10+ Cholamandalam MS General Insurance employees in India.
What is the estimated take home salary of a Operations Manager at Cholamandalam MS General Insurance in India?
The estimated take-home salary of a Operations Manager at Cholamandalam MS General Insurance in India typically ranges from ₹30,783 to ₹32,086 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from Fresher 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 10+ 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 Manager in India?
Chubb ₹16.7 Lakhs to ₹27.3 Lakhs per year
MetLife ₹16.6 Lakhs to ₹30.4 Lakhs per year
Principal Global Services ₹15.0 Lakhs to ₹27.0 Lakhs per year
Gallagher ₹15.9 Lakhs to ₹21.3 Lakhs per year
Allianz Services ₹13.8 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 Operations Manager in companies similar to Cholamandalam MS General Insurance in India?
The salary of a Operations Manager at companies similar to Cholamandalam MS General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Allianz ₹8.0 Lakhs to ₹23.0 Lakhs per year
Magma HDI General Insurance ₹8.3 Lakhs to ₹11.1 Lakhs per year
Pramerica Life Insurance ₹6.0 Lakhs to ₹12.0 Lakhs per year
Aviva Life Insurance India ₹5.0 Lakhs to ₹9.5 Lakhs per year
IndiaFirst Life Insurance ₹6.0 Lakhs to ₹11.6 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 Manager at Cholamandalam MS General Insurance in India?
The salary growth for a Operations Manager at Cholamandalam MS General Insurance depends on factors such as experience, performance, and promotions. On average, a Operations Manager can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
Fresher ₹1.0 Lakhs to ₹4.2 Lakhs per year
1 year ₹1.1 Lakhs to ₹4.8 Lakhs per year
2 years ₹1.2 Lakhs to ₹3.5 Lakhs per year
3 years ₹2.3 Lakhs to ₹3.6 Lakhs per year
and so on.

Tell us how to improve this page.

Cholamandalam MS General Insurance Operations Manager salary in India ranges between ₹1 Lakh to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.