Cholamandalam MS General Insurance Chennai Underwriter Salaries by 8 Employees (Updated 2025)

0 - 6 years exp.

₹2 Lakhs - ₹4.6 Lakhs

Salary of majority employees

32% less than the average Underwriter Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Underwriter Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4.5 L/yr
Production, Manufacturing & Engineering Underwriter Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.4 L/yr
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Risk Management & Compliance Underwriter Salary 0 - 6 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹4.4 L/yr
BFSI, Investments & Trading Underwriter Salary 2 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹4.8 L/yr

Last Updated: 20 Jan 2025

Companies similar to Cholamandalam MS General Insurance for Underwriter in Chennai

Cholamandalam MS General Insurance Underwriter Salary

0 - 6 years exp. (8 salaries)

₹2 L/yr - ₹4.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Royal Sundaram General Insurance Underwriter Salary 2 - 6 years exp. (4 salaries)	₹7 L/yr - ₹9.6 L/yr 115% more
Accenture Underwriter Salary 0 - 4 years exp. (50 salaries)	₹1.5 L/yr - ₹5.2 L/yr 21% less
Login to view exact salary
Mphasis Underwriter Salary 2 - 11 years exp. (22 salaries)	₹2.1 L/yr - ₹7.5 L/yr 64% more	3 job openings
SitusAMC Underwriter Salary 3 - 10 years exp. (22 salaries)	₹5.5 L/yr - ₹10 L/yr 97% more
VERITY GLOBAL SOLUTIONS Underwriter Salary 2 - 8 years exp. (9 salaries)	₹4.8 L/yr - ₹7.2 L/yr 63% more

Underwriter salary at Cholamandalam MS General Insurance ranges between ₹2 Lakhs to ₹4.6 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 8 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Underwriter salaries in Chennai

Last Updated: 20 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.5 L/yr
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.8 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.1 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹6.7 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.3 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

Deputy Manager Salary

(27 salaries)

₹6.2 L/yr - ₹11 L/yr

Team Lead Salary

(18 salaries)

₹2.8 L/yr - ₹5.8 L/yr

Chief Manager Salary

(13 salaries)

₹19 L/yr - ₹30 L/yr

Management Trainee Salary

(6 salaries)

₹3.6 L/yr - ₹8 L/yr

Underwriting Manager Salary

(3 salaries)

₹4.4 L/yr - ₹11.9 L/yr

Top skills at Cholamandalam MS General Insurance for Underwriter

Claims SMS customer support Debit Note Training Customer Service

Salary related reviews for Cholamandalam MS General Insurance

2.3

Rated by 2 employees for salary & benefits

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

Area Head in Pune

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 17 Jan 2023

5.0

for Salary and Benefits

Likes

...nts like tata, icici, Hdfc far better. No stress and dirty internal politics. Variables pay also high as compare to mention company.

Salary - Excellent

+6 more

Dislikes

weekly 1 off, need to change in 5 day working week.

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Salary Discussions, Hike & Promotions

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Cholamandalam MS General Insurance Underwriter Salary FAQs

What is the salary of Underwriter at Cholamandalam MS General Insurance Chennai?

Underwriter salary at Cholamandalam MS General Insurance in Chennai ranges between ₹2.0 Lakhs to ₹4.6 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 32% less than the average Underwriter Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Cholamandalam MS General Insurance Chennai.

How does the salary of a Underwriter at Cholamandalam MS General Insurance Chennai compare with the average salary range for this job?

The average salary of a Underwriter at Cholamandalam MS General Insurance is 32% less than the average salary of a Underwriter in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Underwriter at Cholamandalam MS General Insurance?

Claims, SMS, customer support, Debit Note and Training are some of the popular skills required to work as a Underwriter at Cholamandalam MS General Insurance Chennai.

Which similar companies are paying more than Cholamandalam MS General Insurance to a Underwriter in Chennai?

Royal Sundaram General Insurance Underwriter Salary - ₹7.0 Lakhs to ₹9.6 Lakhs per year
SitusAMC Underwriter Salary - ₹5.5 Lakhs to ₹10.0 Lakhs per year
Mphasis Underwriter Salary - ₹2.1 Lakhs to ₹7.5 Lakhs per year
VERITY GLOBAL SOLUTIONS Underwriter Salary - ₹4.8 Lakhs to ₹7.2 Lakhs per year

What is the salary of a Underwriter in companies similar to Cholamandalam MS General Insurance in Chennai?

Accenture Underwriter Salary - ₹1.5 Lakhs to ₹5.2 Lakhs per year

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

The estimated take-home salary of a Underwriter at Cholamandalam MS General Insurance ranges between ₹27,993 per month to ₹29,387 per month in Chennai. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Underwriter salary in India which ranges between ₹2.0 Lakhs to ₹4.6 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Underwriter at Cholamandalam MS General Insurance in Chennai?

According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Underwriters in Chennai 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 Underwriter Salaries in Chennai

Cholamandalam MS General Insurance Underwriter salary in Chennai ranges between ₹2 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Underwriter salaries in Chennai (Updated 2025)

Companies similar to Cholamandalam MS General Insurance for Underwriter in Chennai

Latest annual salaries shared by Cholamandalam MS General Insurance Underwriter in Chennai

Experience wise Cholamandalam MS General Insurance Underwriter salaries in Chennai

Similar Designation salaries in Cholamandalam MS General Insurance

Top skills at Cholamandalam MS General Insurance for Underwriter

Salary related reviews for Cholamandalam MS General Insurance

Deputy Manager in Chennai

Area Manager in Bikaner

Sales Manager in New Delhi

Agency Manager in Ahmednagar

Area Head in Pune

Cholamandalam MS General Insurance Underwriter Salary FAQs

Tell us how to improve this page.