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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.
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Annual salary range
16 - 31 years exp.
₹16.3
Lakhs - ₹20.8
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salaryInterested in this particular role?
Salaries in different departments
BFSI, Investments & Trading
Senior Underwriting Manager Salary
16
years
exp.
(AmbitionBox Estimate)
|  ₹16.8 L/yr - ₹20.5 L/yr |
Login to view exact salary
| |
Risk Management & Compliance
Senior Underwriting Manager Salary
31
years
exp.
(AmbitionBox Estimate)
| ₹15.8 L/yr - ₹19.3 L/yr |
Companies similar to Cholamandalam MS General Insurance for Senior Underwriting Manager
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|---|---|---|
 ICICI Lombard General Insurance Company Senior Underwriting Manager Salary
1 - 5 years exp. (6 salaries) | ₹6 L/yr - ₹11.1 L/yr 
55%
less | |
 Tata AIG Senior Underwriting Manager Salary
6 - 14 years exp. (3 salaries) | ₹7.8 L/yr - ₹12.5 L/yr
49%
less | |
Login to view exact salary
| ||
 SBI General Insurance Senior Underwriting Manager Salary
8 - 17 years exp. (4 salaries) | ₹13.5 L/yr - ₹18 L/yr
18%
less | |
 ManipalCigna Health Insurance Senior Underwriting Manager Salary
10 - 13 years exp. (3 salaries) | ₹15.3 L/yr - ₹20 L/yr
3%
less | |
 Gallagher Senior Underwriting Manager Salary
10 - 12 years exp. (5 salaries) | ₹18 L/yr - ₹22 L/yr
2%
less | |
Senior Underwriting Manager salary at Cholamandalam MS General Insurance ranges between ₹16.3
Lakhs
to ₹20.8
Lakhs
per year for employees with experience between 16 years to 31 years. Salary
estimates are based on
2 latest salaries received
from various employees of Cholamandalam MS General Insurance.
Similar Designation salaries in Cholamandalam MS General Insurance
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2w
a technical project manager
Deadend
Hi,
I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA.
I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation.
I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component.
I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this.
What should be my next move?
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Cholamandalam MS General Insurance Senior Underwriting Manager Salary FAQs
What is the notice period for Senior Underwriting Manager at Cholamandalam MS General Insurance?
According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Senior Underwriting Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.
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Cholamandalam MS General Insurance Senior Underwriting Manager salary in India ranges between ₹16.3 Lakhs to ₹20.8 Lakhs. This is an estimate based on latest salaries received from employees of Cholamandalam MS General Insurance.