Cholamandalam MS General Insurance Chennai Renewal Manager Salaries by 4 Employees (Updated 2025)

5 - 9 years exp.

₹8 Lakhs - ₹12 Lakhs

Salary of majority employees

17% more than the average Renewal Manager Salary in Insurance Companies for 5 - 9 years of experience

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Last Updated: 25 Mar 2023

Renewal Manager salary at Cholamandalam MS General Insurance ranges between ₹8 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Renewal Manager salaries in Chennai

Last Updated: 25 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
6 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
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7 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
9 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr

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Salary related reviews for Cholamandalam MS General Insurance

5.0

Rated by 1 employees for salary & benefits

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

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.

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.

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.

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...

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.

Agency Manager in Ahmednagar

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.

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.

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Cholamandalam MS General Insurance Renewal Manager Salary FAQs

What is the salary of Renewal Manager at Cholamandalam MS General Insurance Chennai?

Renewal Manager salary at Cholamandalam MS General Insurance in Chennai ranges between ₹8.0 Lakhs to ₹12.0 Lakhs for experience between 5 years to 9 years. According to our estimates it is 17% more than the average Renewal Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance Chennai.

How does the salary of a Renewal Manager at Cholamandalam MS General Insurance Chennai compare with the average salary range for this job?

The average salary of a Renewal Manager at Cholamandalam MS General Insurance is 17% more than the average salary of a Renewal Manager in Chennai. To know exact salary insights, login to view.

What is the estimated take home salary of a Renewal Manager at Cholamandalam MS General Insurance in Chennai?

The estimated take-home salary of a Renewal Manager at Cholamandalam MS General Insurance ranges between ₹66,503 per month to ₹68,204 per month in Chennai. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Renewal Manager salary in India which ranges between ₹8.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Renewal Manager at Cholamandalam MS General Insurance in Chennai?

According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Renewal Managers in Chennai reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Renewal Manager Salaries in Chennai

Cholamandalam MS General Insurance Renewal Manager salary in Chennai ranges between ₹8 Lakhs to ₹12 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.