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Cholamandalam MS General Insurance

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3.8

based on 2k Reviews

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Cholamandalam MS General Insurance Underwriting Manager salaries in Chennai (Updated 2025)

Annual salary range
5 - 8 years exp.
₹4.4 Lakhs - ₹11.9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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18% less than the average Underwriting Manager Salary in Insurance Companies for 5 - 8 years of experience

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Last Updated: 9 Feb 2025

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

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Cholamandalam MS General Insurance Underwriting Manager Salary

5 - 8 years exp. (3 salaries)
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₹4.4 L/yr - ₹11.9 L/yr

vs
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IndiaFirst Life Insurance Underwriting Manager Salary

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₹10.8 L/yr - ₹13.8 L/yr

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₹5.5 L/yr - ₹7.9 L/yr

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HDFC Ergo General Insurance Underwriting Manager Salary

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₹5.1 L/yr - ₹13.6 L/yr

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Underwriting Manager salary at Cholamandalam MS General Insurance ranges between ₹4.4 Lakhs to ₹11.9 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Underwriting Manager in Chennai

2mo ago
₹5.3 Lakhs
8 years exp.
1y ago
₹5.3 Lakhs
7 years exp.
1y ago
₹4.4 Lakhs
5 years exp.

Experience wise Cholamandalam MS General Insurance Underwriting Manager salaries in Chennai

Last Updated: 9 Feb 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
6 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
7 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.1 L/yr
8 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹8.4 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Deputy Manager Salary
(35 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
Underwriter Salary
(8 salaries)
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₹2 L/yr - ₹4.56 L/yr

Salary related reviews for Cholamandalam MS General Insurance

3.0

Rated by 1 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.

read more

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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Salary Discussions, Hike & Promotions
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kirayagami1
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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible
Nagarro offer: Kindly Help me to decide
Option 1
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Cholamandalam MS General Insurance Underwriting Manager Salary FAQs

How the salary growth look like for a Underwriting Manager at Cholamandalam MS General Insurance in Chennai?
The salary growth for a Underwriting Manager at Cholamandalam MS General Insurance in Chennai depends on factors such as experience, performance, and promotions. On average, a Underwriting Manager in Chennai can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
5 years ₹4.0 Lakhs to ₹5.1 Lakhs per year
6 years ₹4.6 Lakhs to ₹5.9 Lakhs per year
7 years ₹5.6 Lakhs to ₹7.1 Lakhs per year
8 years ₹6.6 Lakhs to ₹8.4 Lakhs per year
and so on.

Tell us how to improve this page.

Cholamandalam MS General Insurance Underwriting Manager salary in Chennai ranges between ₹4.4 Lakhs to ₹11.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.