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Cholamandalam MS General Insurance

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3.9

based on 1.9k Reviews

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Cholamandalam MS General Insurance Underwriter salaries in Chennai

Annual salary range
0 - 7 years exp.
₹2 Lakhs - ₹7 Lakhs
Salary of majority employees
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5% less than the average Underwriter Salary in Insurance Companies for 0 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Underwriter Salary
2 - 7 years exp. (AmbitionBox Estimate)
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₹6.2 L/yr - ₹9.7 L/yr

Customer Success, Service & Operations
Underwriter Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹5.3 L/yr

Production, Manufacturing & Engineering
Underwriter Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹4.6 L/yr

Last Updated: 16 Mar 2023

Companies similar to Cholamandalam MS General Insurance for Underwriter in Chennai

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Cholamandalam MS General Insurance Underwriter Salary

0 - 7 years exp. (7 salaries)
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₹2 L/yr - ₹7 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

arrow icon 84% more
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Accenture Underwriter Salary

0 - 5 years exp. (48 salaries)
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₹1.5 L/yr - ₹5.2 L/yr

arrow icon 42% less
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SitusAMC Underwriter Salary

2 - 10 years exp. (23 salaries)
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₹5.5 L/yr - ₹10.6 L/yr

arrow icon 42% more
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Mphasis Underwriter Salary

3 - 11 years exp. (15 salaries)
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₹3.3 L/yr - ₹6.9 L/yr

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 6 job openings
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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 14% less
Underwriter salary at Cholamandalam MS General Insurance ranges between ₹2 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 7 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: 16 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.2 L/yr - ₹6.2 L/yr
1 year (AmbitionBox Estimate)

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₹2.5 L/yr - ₹6.7 L/yr
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹7.3 L/yr
3 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹8.5 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
(11 salaries)
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₹15.4 L/yr - ₹25 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

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.

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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...

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

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

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

Dislikes

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

see more salary related reviews

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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 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 ₹7.0 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 5% less than the average Underwriter Salary in India. Salary estimates are based on 7 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 5% 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 ₹10.6 Lakhs per year
  • Mphasis Underwriter Salary - ₹3.3 Lakhs to ₹6.9 Lakhs per year
What is the salary of a Underwriter in companies similar to Cholamandalam MS General Insurance in Chennai?
  • HDFC Bank Underwriter Salary - ₹2.5 Lakhs to ₹8.5 Lakhs per year
  • 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 ₹39,120 per month to ₹40,298 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 ₹7.0 Lakhs per year for employees with less than 1 year of experience to 7 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 1 response 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 ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.