Cholamandalam MS General Insurance Senior Officer Salaries by 40+ Employees (Updated 2025)

1 - 7 years exp.

₹2.2 Lakhs - ₹4.1 Lakhs

Salary of majority employees

40% less than the average Senior Officer Salary in Insurance Companies for 1 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Officer Salary 1 - 7 years exp. (14 salaries)	₹2.4 L/yr - ₹4.1 L/yr
Customer Success, Service & Operations Senior Officer Salary 1 - 7 years exp. (8 salaries)	₹2.5 L/yr - ₹3.5 L/yr
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Production, Manufacturing & Engineering Senior Officer Salary 2 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹2.9 L/yr
Sales & Business Development Senior Officer Salary 1 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3.8 L/yr
Data Science & Analytics Senior Officer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.1 L/yr

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Last Updated: 14 Mar 2025

Companies similar to Cholamandalam MS General Insurance for Senior Officer

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Senior Officer Salary 1 - 5 years exp. (78 salaries)	₹1.8 L/yr - ₹3.2 L/yr 20% less	4 job openings
Royal Sundaram General Insurance Senior Officer Salary 4 - 12 years exp. (52 salaries)	₹3 L/yr - ₹5.8 L/yr 52% more
Login to view exact salary
Bharti AXA Life Insurance Senior Officer Salary 3 - 8 years exp. (9 salaries)	₹2.5 L/yr - ₹4.3 L/yr 5% more
Bajaj Allianz Life Insurance Senior Officer Salary 4 - 10 years exp. (7 salaries)	₹1.9 L/yr - ₹5.2 L/yr 23% more
Aditya Birla Health Insurance Co Senior Officer Salary 2 - 9 years exp. (5 salaries)	₹3.2 L/yr - ₹6.5 L/yr 50% more
SBI General Insurance Senior Officer Salary 5 - 10 years exp. (4 salaries)	₹4 L/yr - ₹12.9 L/yr 114% more
Star Union Dai-ichi Life Insurance Senior Officer Salary 1 - 3 years exp. (4 salaries)	₹3 L/yr - ₹3.9 L/yr 2% less
Pramerica Life Insurance Senior Officer Salary 0 - 1 year exp. (4 salaries)	₹2 L/yr - ₹2.4 L/yr 27% less
Principal Global Services Senior Officer Salary 4 years exp. (3 salaries)	₹16.2 L/yr - ₹20.7 L/yr 479% more
Medi Assist India Senior Officer Salary 1 - 13 years exp. (3 salaries)	₹3.4 L/yr - ₹4.6 L/yr 24% more

Senior Officer salary at Cholamandalam MS General Insurance ranges between ₹2.2 Lakhs to ₹4.1 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 48 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Senior Officer salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹2.4 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹5.4 L/yr
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3 years (11 salaries)	₹2.4 L/yr - ₹3.3 L/yr
4 years (10 salaries)	₹2.2 L/yr - ₹3.4 L/yr
5 years (8 salaries)	₹2.4 L/yr - ₹3.8 L/yr
6 years (9 salaries)	₹2.5 L/yr - ₹3.3 L/yr
7 years (4 salaries)	₹3.1 L/yr - ₹4.1 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

Senior Associate Salary

(6 salaries)

₹1.2 L/yr - ₹4.93 L/yr

Accounts Officer Salary

(6 salaries)

₹2.1 L/yr - ₹3.5 L/yr

Senior Accounts Officer Salary

(5 salaries)

₹2 L/yr - ₹3.93 L/yr

Deputy Manager Salary

(66 salaries)

₹4 L/yr - ₹11.25 L/yr

Accountant Salary

(5 salaries)

₹0.7 L/yr - ₹4.15 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Finance Executive Salary

(7 salaries)

₹2.1 L/yr - ₹3 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Management Trainee Salary

(17 salaries)

₹3.5 L/yr - ₹8 L/yr

Accounting Staff Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for Cholamandalam MS General Insurance

3.1

Rated by 19 employees for salary & benefits

Senior Officer in Trichy

BFSI, Investments & Trading Department

5.0

• posted on 23 Apr 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good, appraisals are ok and they give salary hike and bonus every year.

Salary - Excellent

+4 more

Dislikes

Career growth is taking more time..they identify the good employees and they trying to help their growth bt it's not approved by management

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

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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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Cholamandalam MS General Insurance Senior Officer Salary FAQs

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

The average salary of a Senior Officer at Cholamandalam MS General Insurance in India typically ranges from ₹2.2 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Senior Officer at Cholamandalam MS General Insurance earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Senior Officer 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 40+ Cholamandalam MS General Insurance employees in India.

What is the estimated take home salary of a Senior Officer at Cholamandalam MS General Insurance in India?

The estimated take-home salary of a Senior Officer at Cholamandalam MS General Insurance in India typically ranges from ₹22,379 to ₹23,857 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 1 year to 7 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 40+ 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 Officer in India?

Principal Global Services	₹16.2 Lakhs to ₹20.7 Lakhs per year
SBI General Insurance	₹4.0 Lakhs to ₹12.9 Lakhs per year
Royal Sundaram General Insurance	₹3.0 Lakhs to ₹5.8 Lakhs per year
Aditya Birla Health Insurance Co	₹3.2 Lakhs to ₹6.5 Lakhs per year
Medi Assist India	₹3.4 Lakhs to ₹4.6 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 Officer in companies similar to Cholamandalam MS General Insurance in India?

The salary of a Senior Officer 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:

Bajaj Allianz Life Insurance	₹1.9 Lakhs to ₹5.2 Lakhs per year
Bharti AXA Life Insurance	₹2.5 Lakhs to ₹4.3 Lakhs per year
Star Union Dai-ichi Life Insurance	₹3.0 Lakhs to ₹3.9 Lakhs per year
Axis Max Life Insurance	₹1.8 Lakhs to ₹3.2 Lakhs per year
Pramerica Life Insurance	₹2.0 Lakhs to ₹2.4 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 Officer at Cholamandalam MS General Insurance in India?

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

Experience	Average Salary Range
1 year	₹2.4 Lakhs to ₹3.0 Lakhs per year
2 years	₹2.6 Lakhs to ₹5.4 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.3 Lakhs per year
4 years	₹2.2 Lakhs to ₹3.4 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Senior Officer Salaries by Location

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Cholamandalam MS General Insurance Senior Officer Salaries

Cholamandalam MS General Insurance Senior Officer salary in India ranges between ₹2.2 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 48 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Senior Officer salaries in India (Updated 2025)

Companies similar to Cholamandalam MS General Insurance for Senior Officer

Latest annual salaries shared by Cholamandalam MS General Insurance Senior Officer

Experience wise Cholamandalam MS General Insurance Senior Officer salaries

Similar Designation salaries in Cholamandalam MS General Insurance

Salary related reviews for Cholamandalam MS General Insurance

Senior Officer in Trichy

Deputy Manager in Chennai

Area Manager in Bikaner

Sales Manager in New Delhi

Agency Manager in Ahmednagar

Cholamandalam MS General Insurance Senior Officer Salary FAQs

Tell us how to improve this page.

Cholamandalam MS General Insurance Senior Officer Salaries by Location