Cholamandalam MS General Insurance Chennai Underwriting Associate Salaries by 3 Employees (Updated 2025)

0 - 2 years exp.

₹1 Lakh - ₹2 Lakhs

Low Confidence

Salary of majority employees

59% less than the average Underwriting Associate Salary in Insurance Companies for 0 - 2 years of experience

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Salaries in different departments

Research & Development Underwriting Associate Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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BFSI, Investments & Trading Underwriting Associate Salary 1 year exp. (AmbitionBox Estimate)	₹0.9 L/yr - ₹1 L/yr

Last Updated: 23 Mar 2023

Companies similar to Cholamandalam MS General Insurance for Underwriting Associate in Chennai

Cholamandalam MS General Insurance Underwriting Associate Salary

0 - 2 years exp. (3 salaries)

₹1 L/yr - ₹2 L/yr

Company name	Avg Annual Salary	Open Jobs
Accenture Underwriting Associate Salary 1 - 6 years exp. (110 salaries)	₹1.5 L/yr - ₹6.8 L/yr 136% more	1 job opening
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Guardian India Underwriting Associate Salary 0 - 5 years exp. (6 salaries)	₹2.1 L/yr - ₹3.7 L/yr 105% more

Underwriting Associate salary at Cholamandalam MS General Insurance ranges between ₹1 Lakh to ₹2 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 3 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Underwriting Associate salaries in Chennai

Last Updated: 23 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
1 year (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr
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2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Quality Analyst Salary

(7 salaries)

₹2.25 L/yr - ₹5.25 L/yr

Operations Executive Salary

(5 salaries)

₹1.05 L/yr - ₹2.8 L/yr

Salary related reviews for Cholamandalam MS General Insurance

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

Senior Officer in Trichy

BFSI, Investments & Trading Department

5.0

• posted on 23 Apr 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good, appraisals are ok and they give salary hike and bonus every year.

Salary - Excellent

+4 more

Dislikes

Career growth is taking more time..they identify the good employees and they trying to help their growth bt it's not approved by management

Customer Service Executive

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.

Salary - Poor

+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

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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 Underwriting Associate Salary FAQs

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

According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Underwriting Associates in Chennai reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Underwriting Associate Salaries in Chennai

Cholamandalam MS General Insurance Underwriting Associate salary in Chennai ranges between ₹1 Lakh to ₹2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.