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Cholamandalam MS General Insurance Senior Processing Executive salaries in India

Annual salary range
5 - 8 years exp.
₹2.5 Lakhs - ₹4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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21% less than the average Senior Processing Executive Salary in Insurance Companies for 5 - 8 years of experience

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Salaries in different departments

Finance & Accounting
Senior Processing Executive Salary
5 - 6 years exp. (3 salaries)
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₹2.5 L/yr - ₹4 L/yr

Customer Success, Service & Operations
Senior Processing Executive Salary
8 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 29 Mar 2024

Companies similar to Cholamandalam MS General Insurance for Senior Processing Executive

Company name Avg Annual Salary Open Jobs
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Gallagher Senior Processing Executive Salary

4 - 7 years exp. (149 salaries)

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₹2 L/yr - ₹5.6 L/yr

arrow icon 16% more
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MetLife Senior Processing Executive Salary

4 - 5 years exp. (6 salaries)

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₹2.2 L/yr - ₹4 L/yr

arrow icon 11% less
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₹5.3 L/yr - ₹7.8 L/yr

arrow icon 102% more
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₹2.1 L/yr - ₹4 L/yr

arrow icon 5% less
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₹3.2 L/yr - ₹4 L/yr

arrow icon 12% more
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₹4 L/yr - ₹6.5 L/yr

arrow icon 71% more
Senior Processing Executive salary at Cholamandalam MS General Insurance ranges between ₹2.5 Lakhs to ₹4 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance.

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

10mo ago
₹3 Lakhs
8 years exp.
1y ago
₹3 Lakhs
6 years exp.
1y ago
₹4 Lakhs
6 years exp.
1y ago
₹2.5 Lakhs
5 years exp.

Experience wise Cholamandalam MS General Insurance Senior Processing Executive salaries

Last Updated: 29 Mar 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
6 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Senior Process Associate Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
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₹0.95 L/yr - ₹3.25 L/yr
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₹1 L/yr - ₹4.25 L/yr
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₹1.6 L/yr - ₹3.35 L/yr
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₹1.05 L/yr - ₹5 L/yr
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₹1.2 L/yr - ₹4.93 L/yr
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₹1.5 L/yr - ₹2 L/yr
Customer Service Associate Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
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₹1 L/yr - ₹9 L/yr
Team Manager Salary
(3 salaries)
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₹10 L/yr - ₹26 L/yr

Salary related reviews for Cholamandalam MS General Insurance

5.0

Rated by 1 employees for salary & benefits

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +4 more

Operations Department

2.0
  •  posted on 10 Jun 2019

2.0
 for  Salary and Benefits

Likes

Good working environment and. Supportive superiors

Dislikes

Pay scale is too low and proper training will not be provided. Will get very little exposure. When it comes to promotion they only prefer candidates who work in that form from long time and also who is friendly with them and Key people of that company is from Tamil Nadu.. From this we can understand how they discourage other employees who are talented and have better qualifications.

read more
  • Salary - Poor
  • +4 more

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

read more
  • Salary - Bad
  • +5 more

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.

read more

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

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  • Promotions - Bad
  • +3 more
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Cholamandalam MS General Insurance Senior Processing Executive Salary FAQs

What is the salary of Senior Processing Executive at Cholamandalam MS General Insurance ?
The average salary of a Senior Processing Executive at Cholamandalam MS General Insurance in India typically ranges from ₹2.5 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Senior Processing Executive at Cholamandalam MS General Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Senior Processing 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 4 Cholamandalam MS General Insurance employees in India.
What is the estimated take home salary of a Senior Processing Executive at Cholamandalam MS General Insurance in India?
The estimated take-home salary of a Senior Processing Executive at Cholamandalam MS General Insurance in India typically ranges from ₹22,502 to ₹23,978 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 5 years to 8 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 4 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 Processing Executive in India?
Bajaj Allianz Life Insurance ₹5.3 Lakhs to ₹7.8 Lakhs per year
Principal Global Services ₹4.0 Lakhs to ₹6.5 Lakhs per year
Gallagher ₹2.0 Lakhs to ₹5.6 Lakhs per year
Royal Sundaram General Insurance ₹3.2 Lakhs to ₹4.0 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 Processing Executive in companies similar to Cholamandalam MS General Insurance in India?
The salary of a Senior Processing 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:

Medi Assist India ₹2.1 Lakhs to ₹4.0 Lakhs per year
MetLife ₹2.2 Lakhs to ₹4.0 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 Processing Executive at Cholamandalam MS General Insurance in India?
The salary growth for a Senior Processing Executive at Cholamandalam MS General Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Processing Executive can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
5 years ₹2.3 Lakhs to ₹2.9 Lakhs per year
6 years ₹3.2 Lakhs to ₹4.0 Lakhs per year
8 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
and so on.

Tell us how to improve this page.

Cholamandalam MS General Insurance Senior Processing Executive salary in India ranges between ₹2.5 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.