Cholamandalam MS General Insurance Chennai Senior Officer Salaries by 30+ Employees (Updated 2025)

1 - 7 years exp.

₹2.4 Lakhs - ₹4.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

35% 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. (8 salaries)	₹3 L/yr - ₹4.1 L/yr
Customer Success, Service & Operations Senior Officer Salary 1 - 7 years exp. (7 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 - ₹2.8 L/yr
Sales & Business Development Senior Officer Salary 1 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr
Data Science & Analytics Senior Officer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3 L/yr

View all

Last Updated: 14 Mar 2025

Companies similar to Cholamandalam MS General Insurance for Senior Officer in Chennai

Cholamandalam MS General Insurance Senior Officer Salary

1 - 7 years exp. (39 salaries)

₹2.4 L/yr - ₹4.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Royal Sundaram General Insurance Senior Officer Salary 4 - 13 years exp. (36 salaries)	₹3 L/yr - ₹5.8 L/yr 67% more
Standard Chartered Senior Officer Salary 1 - 10 years exp. (1.4k salaries)	₹1.8 L/yr - ₹7.3 L/yr 66% more
Login to view exact salary
Wipro Senior Officer Salary 1 - 9 years exp. (780 salaries)	₹1.7 L/yr - ₹6.4 L/yr 29% more
Yes Bank Senior Officer Salary 0 - 7 years exp. (369 salaries)	₹2 L/yr - ₹4.8 L/yr 12% more
ICICI Bank Senior Officer Salary 0 - 5 years exp. (205 salaries)	₹1.4 L/yr - ₹5 L/yr 7% more

Senior Officer salary at Cholamandalam MS General Insurance ranges between ₹2.4 Lakhs to ₹4.1 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 39 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Senior Officer in Chennai

3w ago

₹2.6 Lakhs

3 years exp.

2mo ago

₹3.3 Lakhs

3 years exp.

6mo ago

₹3.5 Lakhs

7 years exp.

6mo ago

₹3.1 Lakhs

7 years exp.

8mo ago

₹3 Lakhs

4 years exp.

9mo ago

6 years exp.

9mo ago

4 years exp.

9mo ago

2 years exp.

1y ago

4 years exp.

1y ago

3 years exp.

Experience wise Cholamandalam MS General Insurance Senior Officer salaries in Chennai

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹2.4 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
Login to view exact salary
3 years (10 salaries)	₹2.5 L/yr - ₹3.3 L/yr
4 years (8 salaries)	₹2.5 L/yr - ₹3.4 L/yr
5 years (5 salaries)	₹2.4 L/yr - ₹3.1 L/yr
6 years (8 salaries)	₹2.5 L/yr - ₹3.3 L/yr
7 years (3 salaries)	₹3.1 L/yr - ₹4.1 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

Deputy Manager Salary

(35 salaries)

₹6.2 L/yr - ₹11 L/yr

Accounts Officer Salary

(6 salaries)

₹2.1 L/yr - ₹3.5 L/yr

Management Trainee Salary

(6 salaries)

₹3.6 L/yr - ₹8 L/yr

Senior Accounts Officer Salary

(5 salaries)

₹2 L/yr - ₹3.9 L/yr

Salary related reviews for Cholamandalam MS General Insurance

2.7

Rated by 10 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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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 Senior Officer Salary FAQs

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

The average salary of a Senior Officer at Cholamandalam MS General Insurance in Chennai typically ranges from ₹2.4 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Senior Officer in Chennai at Cholamandalam MS General Insurance earn more than ₹3.3 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 30+ Cholamandalam MS General Insurance employees in India.

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

The estimated take-home salary of a Senior Officer at Cholamandalam MS General Insurance in Chennai typically ranges from ₹21,061 to ₹22,709 per month. This is based on the average salary range of ₹2.4 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 30+ 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?

Royal Sundaram General Insurance	₹3.0 Lakhs to ₹5.8 Lakhs per year
Standard Chartered	₹1.8 Lakhs to ₹7.3 Lakhs per year
Wipro	₹1.7 Lakhs to ₹6.4 Lakhs per year
Yes Bank	₹2.0 Lakhs to ₹4.8 Lakhs per year
ICICI Bank	₹1.4 Lakhs to ₹5.0 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.

How the salary growth look like for a Senior Officer at Cholamandalam MS General Insurance in Chennai?

The salary growth for a Senior Officer at Cholamandalam MS General Insurance in Chennai depends on factors such as experience, performance, and promotions. On average, a Senior Officer in Chennai 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	₹2.5 Lakhs to ₹3.2 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.3 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.4 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Senior Officer Salaries in Chennai

Cholamandalam MS General Insurance Senior Officer salary in Chennai ranges between ₹2.4 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 39 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.