Cholamandalam MS General Insurance Senior Claims Executive Salaries by 10+ Employees

2 - 10 years exp.

₹3 Lakhs - ₹4.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Senior Claims Executive Salary in Insurance Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Claims Executive Salary 2 - 8 years exp. (5 salaries)	₹3 L/yr - ₹4.3 L/yr
Production, Manufacturing & Engineering Senior Claims Executive Salary 5 - 10 years exp. (3 salaries)	₹3.9 L/yr - ₹4.4 L/yr
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Customer Success, Service & Operations Senior Claims Executive Salary 4 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.8 L/yr
Legal & Regulatory Senior Claims Executive Salary 8 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹3.8 L/yr

Last Updated: 19 Mar 2024

Companies similar to Cholamandalam MS General Insurance for Senior Claims Executive

Company name	Avg Annual Salary	Open Jobs
Medi Assist India Senior Claims Executive Salary 0 - 7 years exp. (27 salaries)	₹2.4 L/yr - ₹4.5 L/yr 7% less
Shriram General Insurance Senior Claims Executive Salary 3 - 9 years exp. (10 salaries)	₹2.1 L/yr - ₹3.8 L/yr 20% less
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Family Health Plan Senior Claims Executive Salary 3 - 8 years exp. (8 salaries)	₹2.3 L/yr - ₹2.7 L/yr 35% less
Paramount Health Services Tpa Senior Claims Executive Salary 1 - 10 years exp. (7 salaries)	₹2.2 L/yr - ₹4 L/yr 13% less
SBI General Insurance Senior Claims Executive Salary 6 - 10 years exp. (6 salaries)	₹5.3 L/yr - ₹8 L/yr 54% more
Future Generali India Life Insurance Senior Claims Executive Salary 5 - 11 years exp. (6 salaries)	₹4.6 L/yr - ₹6.4 L/yr 50% more
Bharti AXA Life Insurance Senior Claims Executive Salary 0 - 9 years exp. (4 salaries)	₹2.9 L/yr - ₹3.6 L/yr 13% less
Aditya Birla Health Insurance Co Senior Claims Executive Salary 7 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹6.5 L/yr 26% more
ManipalCigna Health Insurance Senior Claims Executive Salary 3 - 10 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 38% more
Universal Sompo General Insurance Senior Claims Executive Salary 2 - 10 years exp. (4 salaries)	₹4.3 L/yr - ₹7 L/yr 53% more
Royal Sundaram General Insurance Senior Claims Executive Salary 10 - 12 years exp. (3 salaries)	₹4.4 L/yr - ₹7.5 L/yr 50% more
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Senior Claims Executive salary at Cholamandalam MS General Insurance ranges between ₹3 Lakhs to ₹4.4 Lakhs per year for employees with experience between 2 years to 10 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 Senior Claims Executive

9mo ago

₹4.3 Lakhs

8 years exp.

1y ago

₹4.3 Lakhs

7 years exp.

1y ago

₹4.3 Lakhs

6 years exp.

1y ago

₹4.1 Lakhs

6 years exp.

1y ago

₹3.6 Lakhs

8 years exp.

1y ago

5 years exp.

1y ago

8 years exp.

1y ago

2 years exp.

1y ago

10 years exp.

1y ago

5 years exp.

Experience wise Cholamandalam MS General Insurance Senior Claims Executive salaries

Last Updated: 19 Mar 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
5 years (3 salaries)	₹3 L/yr - ₹4.1 L/yr
6 years (3 salaries)	₹3.5 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
8 years (3 salaries)	₹3.4 L/yr - ₹4.3 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
10 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

Claims Executive Salary

(10 salaries)

₹2 L/yr - ₹3.65 L/yr

Senior Claims Associate Salary

(4 salaries)

₹2.65 L/yr - ₹6 L/yr

Senior Claim Processing Executive Salary

(3 salaries)

₹3.85 L/yr - ₹7.5 L/yr

Back Office Executive Salary

(39 salaries)

₹1 L/yr - ₹4.25 L/yr

Claim Processing Executive Salary

(4 salaries)

₹1.2 L/yr - ₹4.5 L/yr

Senior Associate Salary

(6 salaries)

₹1.2 L/yr - ₹4.93 L/yr

Claims Specialist Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Senior Process Associate Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Claims Officer Salary

(11 salaries)

₹1.55 L/yr - ₹4 L/yr

Claims Associate Salary

(3 salaries)

₹2.8 L/yr - ₹4.1 L/yr

Salary related reviews for Cholamandalam MS General Insurance

3.4

Rated by 3 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

Back Office Executive in New Delhi

BFSI, Investments & Trading Department

2.0

• posted on 11 Oct 2018

1.0

for Salary and Benefits

Likes

My colleagues only

Company culture - Good

Dislikes

...k office employee but after chaning profile as customer retaintion excutive i.e. sales profile back office, bcz of cost cutting doing all type of work from a single employee, pathetic experiance

Salary - Bad

+5 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

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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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Cholamandalam MS General Insurance Senior Claims Executive Salary FAQs

What is the salary of Senior Claims Executive at Cholamandalam MS General Insurance ?

The average salary of a Senior Claims Executive at Cholamandalam MS General Insurance in India typically ranges from ₹3.0 Lakhs to ₹4.4 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Senior Claims Executive at Cholamandalam MS General Insurance earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.4 Lakhs per year. Senior Claims Executive 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 Senior Claims Executive at Cholamandalam MS General Insurance in India?

The estimated take-home salary of a Senior Claims Executive at Cholamandalam MS General Insurance in India typically ranges from ₹27,811 to ₹29,208 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.4 Lakhs per year for employees with experience ranging from 2 years to 10 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 Senior Claims Executive in India?

SBI General Insurance	₹5.3 Lakhs to ₹8.0 Lakhs per year
Universal Sompo General Insurance	₹4.3 Lakhs to ₹7.0 Lakhs per year
Royal Sundaram General Insurance	₹4.4 Lakhs to ₹7.5 Lakhs per year
Future Generali India Life Insurance	₹4.6 Lakhs to ₹6.4 Lakhs per year
ManipalCigna Health Insurance	₹4.0 Lakhs to ₹7.0 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 Senior Claims Executive in companies similar to Cholamandalam MS General Insurance in India?

The salary of a Senior Claims Executive 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:

Aditya Birla Health Insurance Co	₹3.5 Lakhs to ₹6.5 Lakhs per year
Medi Assist India	₹2.4 Lakhs to ₹4.5 Lakhs per year
Bharti AXA Life Insurance	₹2.9 Lakhs to ₹3.6 Lakhs per year
Paramount Health Services Tpa	₹2.2 Lakhs to ₹4.0 Lakhs per year
Shriram General Insurance	₹2.1 Lakhs to ₹3.8 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 Senior Claims Executive at Cholamandalam MS General Insurance in India?

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

Experience	Average Salary Range
2 years	₹3.3 Lakhs to ₹4.3 Lakhs per year
3 years	₹3.3 Lakhs to ₹4.3 Lakhs per year
4 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
5 years	₹3.0 Lakhs to ₹4.1 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Senior Claims Executive Salaries by Location

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Cholamandalam MS General Insurance Senior Claims Executive Salaries

Cholamandalam MS General Insurance Senior Claims Executive salary in India ranges between ₹3 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Senior Claims Executive salaries in India

Companies similar to Cholamandalam MS General Insurance for Senior Claims Executive

Latest annual salaries shared by Cholamandalam MS General Insurance Senior Claims Executive

Experience wise Cholamandalam MS General Insurance Senior Claims Executive salaries

Similar Designation salaries in Cholamandalam MS General Insurance

Salary related reviews for Cholamandalam MS General Insurance

Deputy Manager in Chennai

Back Office Executive in New Delhi

Area Manager in Bikaner

Sales Manager in New Delhi

Agency Manager in Ahmednagar

Cholamandalam MS General Insurance Senior Claims Executive Salary FAQs

Tell us how to improve this page.

Cholamandalam MS General Insurance Senior Claims Executive Salaries by Location