Cholamandalam MS General Insurance Mumbai Sales Manager Salaries by 3 Employees

4 - 9 years exp.

₹4.3 Lakhs - ₹6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

32% less than the average Sales Manager Salary in Insurance Companies for 4 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5 L/yr
Finance & Accounting Sales Manager Salary 4 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.1 L/yr
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Sales & Business Development Sales Manager Salary 9 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹6 L/yr

Last Updated: 29 May 2024

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

Cholamandalam MS General Insurance Sales Manager Salary

4 - 9 years exp. (3 salaries)

₹4.3 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Sales Manager Salary 0 - 9 years exp. (71 salaries)	₹2.3 L/yr - ₹6 L/yr 6% less	2 job openings
Aditya Birla Health Insurance Co Sales Manager Salary 0 - 7 years exp. (64 salaries)	₹2.7 L/yr - ₹5.1 L/yr 11% less
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Future Generali India Life Insurance Sales Manager Salary 0 - 9 years exp. (22 salaries)	₹2.2 L/yr - ₹4.8 L/yr 23% less	43 job openings
Bajaj Allianz Life Insurance Sales Manager Salary 0 - 8 years exp. (19 salaries)	₹2.4 L/yr - ₹7 L/yr 25% less	20 job openings
Bharti AXA Life Insurance Sales Manager Salary 2 - 9 years exp. (12 salaries)	₹2.3 L/yr - ₹7 L/yr 2% more	1 job opening
Aviva Life Insurance India Sales Manager Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 17% less
Royal Sundaram General Insurance Sales Manager Salary 1 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹5.5 L/yr 12% less
Star Union Dai-ichi Life Insurance Sales Manager Salary 4 - 8 years exp. (3 salaries)	₹3.8 L/yr - ₹5.2 L/yr 10% less

Sales Manager salary at Cholamandalam MS General Insurance ranges between ₹4.3 Lakhs to ₹6 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 3 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Sales Manager salaries in Mumbai

Last Updated: 29 May 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
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6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.4 L/yr
7 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

Deputy Manager Salary

(10 salaries)

₹5.6 L/yr - ₹11 L/yr

Branch Manager Salary

(7 salaries)

₹3.5 L/yr - ₹7 L/yr

Area Manager Salary

(6 salaries)

₹9.5 L/yr - ₹16.9 L/yr

Salary related reviews for Cholamandalam MS General Insurance

1.0

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

Promotions - Bad

+3 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.

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

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.

Salary - Excellent

+6 more

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.

Salary - Poor

+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 Sales Manager Salary FAQs

How the salary growth look like for a Sales Manager at Cholamandalam MS General Insurance in Mumbai?

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

Experience	Average Salary Range
4 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
5 years	₹4.2 Lakhs to ₹5.3 Lakhs per year
6 years	₹4.3 Lakhs to ₹5.4 Lakhs per year
7 years	₹4.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Sales Manager Salaries in Mumbai

Cholamandalam MS General Insurance Sales Manager salary in Mumbai ranges between ₹4.3 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Sales Manager salaries in Mumbai

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

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

Experience wise Cholamandalam MS General Insurance Sales Manager salaries in Mumbai

Similar Designation salaries in Cholamandalam MS General Insurance

Salary related reviews for Cholamandalam MS General Insurance

Sales Manager in New Delhi

Area Manager in Bikaner

Deputy Manager in Chennai

Territory Manager in Khammam

Agency Manager in Ahmednagar

Cholamandalam MS General Insurance Sales Manager Salary FAQs

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