Cholamandalam MS General Insurance Operations Officer Salaries by 6 Employees

2 - 6 years exp.

₹1.9 Lakh - ₹3.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

32% less than the average Operations Officer Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Operations Officer Salary 2 - 3 years exp. (3 salaries)	₹1.9 L/yr - ₹2.3 L/yr
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Customer Success, Service & Operations Operations Officer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.7 L/yr

Last Updated: 21 Mar 2023

Companies similar to Cholamandalam MS General Insurance for Operations Officer

Company name	Avg Annual Salary	Open Jobs
Royal Sundaram General Insurance Operations Officer Salary 3 - 11 years exp. (22 salaries)	₹2.6 L/yr - ₹4.8 L/yr 51% more
Bajaj Allianz Life Insurance Operations Officer Salary 2 - 8 years exp. (4 salaries)	₹1.7 L/yr - ₹2.8 L/yr 9% less
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Universal Sompo General Insurance Operations Officer Salary 0 - 4 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 13% less
Vfs Global Services Operations Officer Salary 0 - 5 years exp. (852 salaries)	₹1 L/yr - ₹6 L/yr 25% more
IndianOil Skytanking Operations Officer Salary 0 - 9 years exp. (244 salaries)	₹2.6 L/yr - ₹6.5 L/yr 75% more	1 job opening

Operations Officer salary at Cholamandalam MS General Insurance ranges between ₹1.9 Lakh to ₹3.4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Operations Officer salaries

Last Updated: 21 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
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4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.6 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Operations Manager Salary

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Senior Officer Salary

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₹2.15 L/yr - ₹4.05 L/yr

Operations Analyst Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Operations Associate Salary

(4 salaries)

₹0.95 L/yr - ₹8.76 L/yr

Operations Executive Salary

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₹1.05 L/yr - ₹3.6 L/yr

Relationship Manager Salary

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₹2.1 L/yr - ₹6 L/yr

Officer Salary

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₹1.2 L/yr - ₹3.15 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Deputy Manager Salary

(66 salaries)

₹4 L/yr - ₹11.25 L/yr

Quality Analyst Salary

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₹2.25 L/yr - ₹5.25 L/yr

Salary related reviews for Cholamandalam MS General Insurance

1.0

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 Officer Salary FAQs

What is the salary of Operations Officer at Cholamandalam MS General Insurance ?

The average salary of a Operations Officer at Cholamandalam MS General Insurance in India typically ranges from ₹1.9 Lakhs to ₹3.4 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Operations Officer at Cholamandalam MS General Insurance earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Operations Officer 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 6 Cholamandalam MS General Insurance employees in India.

What is the estimated take home salary of a Operations Officer at Cholamandalam MS General Insurance in India?

The estimated take-home salary of a Operations Officer at Cholamandalam MS General Insurance in India typically ranges from ₹17,410 to ₹19,112 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from 2 years to 6 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 6 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 Officer in India?

IndianOil Skytanking	₹2.6 Lakhs to ₹6.5 Lakhs per year
Royal Sundaram General Insurance	₹2.6 Lakhs to ₹4.8 Lakhs per year
Vfs Global Services	₹1.0 Lakhs to ₹6.0 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 Officer in companies similar to Cholamandalam MS General Insurance in India?

The salary of a Operations Officer 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:

Bajaj Allianz Life Insurance	₹1.7 Lakhs to ₹2.8 Lakhs per year
Universal Sompo General Insurance	₹2.0 Lakhs to ₹2.5 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 Officer at Cholamandalam MS General Insurance in India?

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

Experience	Average Salary Range
2 years	₹1.7 Lakhs to ₹2.1 Lakhs per year
3 years	₹1.9 Lakhs to ₹2.5 Lakhs per year
4 years	₹2.2 Lakhs to ₹2.9 Lakhs per year
5 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Operations Officer Salaries

Cholamandalam MS General Insurance Operations Officer salary in India ranges between ₹1.9 Lakh to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.