Cholamandalam MS General Insurance Mumbai Senior Manager Salaries by 3 Employees (Updated 2025)

3 - 16 years exp.

₹3.5 Lakhs - ₹13.3 Lakhs

Low Confidence

Salary of majority employees

63% less than the average Senior Manager Salary in Insurance Companies for 3 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹13.6 L/yr
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Sales & Business Development Senior Manager Salary 16 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹13.1 L/yr

Last Updated: 11 Mar 2024

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

Cholamandalam MS General Insurance Senior Manager Salary

3 - 16 years exp. (3 salaries)

₹3.5 L/yr - ₹13.3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Senior Manager Salary 0 - 18 years exp. (460 salaries)	₹5 L/yr - ₹15 L/yr 24% more	4 job openings
HDFC Ergo General Insurance Senior Manager Salary 5 - 19 years exp. (119 salaries)	₹7 L/yr - ₹24 L/yr 107% more
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Bajaj Allianz General Insurance Senior Manager Salary 12 - 15 years exp. (3 salaries)	₹6.8 L/yr - ₹17.6 L/yr 95% more	1 job opening
Reliance General Insurance Senior Manager Salary 5 - 17 years exp. (38 salaries)	₹6.5 L/yr - ₹15 L/yr 35% more
Tata AIG Senior Manager Salary 1 - 14 years exp. (210 salaries)	₹4.8 L/yr - ₹20 L/yr 48% more	5 job openings
SBI General Insurance Senior Manager Salary 5 - 16 years exp. (29 salaries)	₹6.5 L/yr - ₹23.3 L/yr 68% more
Future Generali India Life Insurance Senior Manager Salary 10 - 18 years exp. (39 salaries)	₹11.8 L/yr - ₹30 L/yr 154% more	1 job opening
Aditya Birla Health Insurance Co Senior Manager Salary 3 - 14 years exp. (69 salaries)	₹4.5 L/yr - ₹17.6 L/yr 33% more
IndiaFirst Life Insurance Senior Manager Salary 4 - 17 years exp. (53 salaries)	₹6.2 L/yr - ₹21 L/yr 88% more
Star Union Dai-ichi Life Insurance Senior Manager Salary 2 - 19 years exp. (38 salaries)	₹10.3 L/yr - ₹31.5 L/yr 139% more
Bharti AXA Life Insurance Senior Manager Salary 6 - 17 years exp. (26 salaries)	₹8.2 L/yr - ₹22.3 L/yr 83% more
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Edelweiss Life Insurance Senior Manager Salary 7 - 18 years exp. (26 salaries)	₹9 L/yr - ₹22 L/yr 73% more
Ageas Federal Life Insurance Senior Manager Salary 8 - 20 years exp. (24 salaries)	₹14 L/yr - ₹34.5 L/yr 186% more
Axis Max Life Insurance Senior Manager Salary 5 - 16 years exp. (23 salaries)	₹8.7 L/yr - ₹31.5 L/yr 136% more	1 job opening
ManipalCigna Health Insurance Senior Manager Salary 4 - 19 years exp. (22 salaries)	₹9 L/yr - ₹25 L/yr 102% more
Medi Assist India Senior Manager Salary 10 - 19 years exp. (19 salaries)	₹7 L/yr - ₹17 L/yr 72% more	3 job openings
Bajaj Allianz Life Insurance Senior Manager Salary 1 - 10 years exp. (15 salaries)	₹8.4 L/yr - ₹18.4 L/yr 55% more	2 job openings
Gallagher Senior Manager Salary 10 - 22 years exp. (6 salaries)	₹8.6 L/yr - ₹20.7 L/yr 116% more
Aviva Life Insurance India Senior Manager Salary 12 - 18 years exp. (3 salaries)	₹10 L/yr - ₹17 L/yr 77% more
Pramerica Life Insurance Senior Manager Salary 11 - 14 years exp. (3 salaries)	₹7.8 L/yr - ₹15.2 L/yr 27% more

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Senior Manager salary at Cholamandalam MS General Insurance ranges between ₹3.5 Lakhs to ₹13.3 Lakhs per year for employees with experience between 3 years to 16 years. Salary estimates are based on 3 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Senior Manager salaries in Mumbai

Last Updated: 11 Mar 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4 L/yr
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5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
9 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
10 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
11 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
12 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
13 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
14 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
15+ years (AmbitionBox Estimate)	₹5.2 L/yr - ₹13.3 L/yr

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Similar Designation salaries in Cholamandalam MS General Insurance

Branch Manager Salary

(7 salaries)

₹3.5 L/yr - ₹7 L/yr

Deputy Manager Salary

(6 salaries)

₹6 L/yr - ₹11 L/yr

Sales Manager Salary

(4 salaries)

₹3.89 L/yr - ₹6.5 L/yr

Area Manager Salary

(4 salaries)

₹8.29 L/yr - ₹12 L/yr

Salary related reviews for Cholamandalam MS General Insurance

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

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

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Cholamandalam MS General Insurance Senior Manager Salary FAQs

What is the notice period for Senior Manager at Cholamandalam MS General Insurance in Mumbai?

According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Senior Managers in Mumbai reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Senior Manager Salaries in Mumbai

Cholamandalam MS General Insurance Senior Manager salary in Mumbai ranges between ₹3.5 Lakhs to ₹13.3 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 Senior Manager salaries in Mumbai

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

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

Experience wise Cholamandalam MS General Insurance Senior Manager salaries in Mumbai

Similar Designation salaries in Cholamandalam MS General Insurance

Salary related reviews for Cholamandalam MS General Insurance

Area Manager in Bikaner

Sales Manager in New Delhi

Deputy Manager in Chennai

Territory Manager in Khammam

Agency Manager in Ahmednagar

Cholamandalam MS General Insurance Senior Manager Salary FAQs

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