Cholamandalam MS General Insurance Chennai Sales Manager Salaries by 10+ Employees (Updated 2024)

1 - 10 years exp.

₹3 Lakhs - ₹5 Lakhs

Salary of majority employees

35% less than the average Sales Manager Salary in Insurance Companies for 1 - 10 years of experience

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Salaries in different departments

Sales & Business Development Sales Manager Salary 5 - 10 years exp. (5 salaries)	₹3.6 L/yr - ₹5 L/yr
BFSI, Investments & Trading Sales Manager Salary 1 - 10 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr
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Customer Success, Service & Operations Sales Manager Salary 8 - 10 years exp. (3 salaries)	₹3.7 L/yr - ₹5 L/yr

Last Updated: 12 Jul 2024

Companies similar to Cholamandalam MS General Insurance for Sales Manager in Chennai

Cholamandalam MS General Insurance Sales Manager Salary

1 - 10 years exp. (12 salaries)

₹3 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Sales Manager Salary 1 - 14 years exp. (45 salaries)	₹3.1 L/yr - ₹11.4 L/yr 72% more
HDFC Ergo General Insurance Sales Manager Salary 1 - 10 years exp. (17 salaries)	₹3 L/yr - ₹7 L/yr 4% more	15 job openings
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Bajaj Allianz General Insurance Sales Manager Salary 0 - 10 years exp. (34 salaries)	₹2.9 L/yr - ₹6.7 L/yr 8% more	39 job openings
Tata AIG Sales Manager Salary 2 - 11 years exp. (13 salaries)	₹3 L/yr - ₹10.5 L/yr 51% more	2 job openings
Reliance General Insurance Sales Manager Salary 1 - 13 years exp. (42 salaries)	₹3 L/yr - ₹8.2 L/yr 28% more	43 job openings
Max Life Insurance Sales Manager Salary 0 - 9 years exp. (40 salaries)	₹2.3 L/yr - ₹5.2 L/yr 8% more	1 job opening
Future Generali India Life Insurance Sales Manager Salary 3 - 7 years exp. (6 salaries)	₹2.5 L/yr - ₹5.1 L/yr 10% less	3 job openings
Aditya Birla Health Insurance Co Sales Manager Salary 0 - 8 years exp. (15 salaries)	₹3.3 L/yr - ₹4.5 L/yr 5% less
Aviva Life Insurance India Sales Manager Salary 1 - 11 years exp. (7 salaries)	₹3.3 L/yr - ₹5 L/yr 2% less
IndiaFirst Life Insurance Sales Manager Salary 5 - 8 years exp. (4 salaries)	₹3.6 L/yr - ₹4.3 L/yr 7% less
Royal Sundaram General Insurance Sales Manager Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 1% more
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Edelweiss Tokio Life Insurance Sales Manager Salary 4 - 7 years exp. (4 salaries)	₹4 L/yr - ₹4.8 L/yr 1% more

Sales Manager salary at Cholamandalam MS General Insurance ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 12 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Sales Manager salaries in Chennai

Last Updated: 12 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹6.6 L/yr
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.2 L/yr
5 years (3 salaries)	₹3.6 L/yr - ₹7.4 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.6 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
10 years (3 salaries)	₹4.1 L/yr - ₹5 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

Deputy Manager Salary

(28 salaries)

₹6.2 L/yr - ₹11 L/yr

Sales Officer Salary

(10 salaries)

₹1.75 L/yr - ₹4 L/yr

Area Manager Salary

(5 salaries)

₹6.5 L/yr - ₹12 L/yr

Area Sales Manager Salary

(4 salaries)

₹1.85 L/yr - ₹9.5 L/yr

Salary related reviews for Cholamandalam MS General Insurance

2.0

Rated by 2 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.

Business Development Associate in Mumbai Suburban

BFSI, Investments & Trading Department

3.0

• posted on 03 May 2021

3.0

for Salary and Benefits

Likes

Working environment is okay. Company policies are good, salaries are always paid on time. HR is supportive.

Dislikes

...ised for simple approval it takes whole day so chances of delay in work is high. IT people are just working for their salary issues are not resolved on time.

Territory Manager in Khammam

Health Insurance Department

5.0

• posted on 15 Feb 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

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.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Cholamandalam MS General Insurance Sales Manager Salary FAQs

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

Sales Manager salary at Cholamandalam MS General Insurance in Chennai ranges between ₹3.0 Lakhs to ₹5.0 Lakhs for experience between 1 years to 10 years. According to our estimates it is 35% less than the average Sales Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Cholamandalam MS General Insurance Chennai.

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

The average salary of a Sales Manager at Cholamandalam MS General Insurance is 35% less than the average salary of a Sales Manager in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam MS General Insurance to a Sales Manager in Chennai?

ICICI Lombard General Insurance Company Sales Manager Salary - ₹3.1 Lakhs to ₹11.4 Lakhs per year
Tata AIG Sales Manager Salary - ₹3.0 Lakhs to ₹10.5 Lakhs per year
Reliance General Insurance Sales Manager Salary - ₹3.0 Lakhs to ₹8.2 Lakhs per year
Bajaj Allianz General Insurance Sales Manager Salary - ₹2.9 Lakhs to ₹6.7 Lakhs per year
Max Life Insurance Sales Manager Salary - ₹2.3 Lakhs to ₹5.2 Lakhs per year

What is the salary of a Sales Manager in companies similar to Cholamandalam MS General Insurance in Chennai?

HDFC Ergo General Insurance Sales Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Royal Sundaram General Insurance Sales Manager Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
Edelweiss Tokio Life Insurance Sales Manager Salary - ₹4.0 Lakhs to ₹4.8 Lakhs per year
Aviva Life Insurance India Sales Manager Salary - ₹3.3 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Health Insurance Co Sales Manager Salary - ₹3.3 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Sales Manager at Cholamandalam MS General Insurance ranges between ₹30,986 per month to ₹32,285 per month in Chennai. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Sales Manager salary in India which ranges between ₹3.0 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 43% of the Cholamandalam MS General Insurance Sales Managers in Chennai reported a notice period of 2 Months, 28% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Sales Manager Salaries in Chennai

Cholamandalam MS General Insurance Sales Manager salary in Chennai ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Sales Manager salaries in Chennai

Companies similar to Cholamandalam MS General Insurance for Sales Manager in Chennai

Latest annual salaries shared by Cholamandalam MS General Insurance Sales Manager in Chennai

Experience wise Cholamandalam MS General Insurance Sales Manager salaries in Chennai

Similar Designation salaries in Cholamandalam MS General Insurance

Salary related reviews for Cholamandalam MS General Insurance

Sales Manager in New Delhi

Deputy Manager in Chennai

Business Development Associate in Mumbai Suburban

Territory Manager in Khammam

Agency Manager in Ahmednagar

Cholamandalam MS General Insurance Sales Manager Salary FAQs

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