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Cholamandalam MS General Insurance

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3.8

based on 1.9k Reviews

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Cholamandalam MS General Insurance Underwriter salaries in Chennai

Annual salary range
0 - 6 years exp.
₹2 Lakhs - ₹4.6 Lakhs
Salary of majority employees
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31% 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)
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₹3.1 L/yr - ₹4.5 L/yr

Production, Manufacturing & Engineering
Underwriter Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹4.4 L/yr

Risk Management & Compliance
Underwriter Salary
0 - 6 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹4.4 L/yr

BFSI, Investments & Trading
Underwriter Salary
2 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹4.8 L/yr

Last Updated: 20 Jan 2025

Companies similar to Cholamandalam MS General Insurance for Underwriter in Chennai

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Cholamandalam MS General Insurance Underwriter Salary

0 - 6 years exp. (8 salaries)
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₹2 L/yr - ₹4.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Royal Sundaram General Insurance Underwriter Salary

2 - 6 years exp. (4 salaries)
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₹7 L/yr - ₹9.6 L/yr

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Accenture Underwriter Salary

0 - 5 years exp. (50 salaries)
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₹1.5 L/yr - ₹5.2 L/yr

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SitusAMC Underwriter Salary

3 - 10 years exp. (21 salaries)
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₹5.5 L/yr - ₹10 L/yr

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Mphasis Underwriter Salary

3 - 9 years exp. (18 salaries)
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₹3.3 L/yr - ₹6.9 L/yr

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HDFC Bank Underwriter Salary

1 - 10 years exp. (10 salaries)
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₹2.5 L/yr - ₹8.5 L/yr

arrow icon 19% 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.

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

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Experience wise Cholamandalam MS General Insurance Underwriter salaries in Chennai

Last Updated: 20 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.2 L/yr - ₹5.5 L/yr
1 year (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5.8 L/yr
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹6.1 L/yr
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹6.7 L/yr
View all

Similar Designation salaries in Cholamandalam MS General Insurance

Deputy Manager Salary
(28 salaries)
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₹6.2 L/yr - ₹11 L/yr
Team Lead Salary
(18 salaries)
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₹2.8 L/yr - ₹5.8 L/yr
Chief Manager Salary
(13 salaries)
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₹19 L/yr - ₹30 L/yr
Management Trainee Salary
(5 salaries)
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₹5.93 L/yr - ₹8 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.

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

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.

read more

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

read more
  • 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.

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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.

read more
  • 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.

read more
  • Salary - Excellent
    • +6 more

Dislikes

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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions
2w
fathersahaab
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works at
AmbitionBox
New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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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 31% 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 31% 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 - ₹3.3 Lakhs to ₹6.9 Lakhs per year
  • HDFC Bank Underwriter Salary - ₹2.5 Lakhs to ₹8.5 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.

Tell us how to improve this page.

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