Cholamandalam MS General Insurance Mumbai Underwriting Manager Salaries by 2 Employees (Updated 2025)

11 - 15 years exp.

₹8 Lakhs - ₹10.3 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 13 Aug 2023

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

Cholamandalam MS General Insurance Underwriting Manager Salary

11 - 15 years exp. (AmbitionBox Estimate)

₹8 L/yr - ₹10.3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Underwriting Manager Salary 1 - 17 years exp. (5 salaries)	₹5.8 L/yr - ₹14.5 L/yr 1% less
HDFC Ergo General Insurance Underwriting Manager Salary 5 - 12 years exp. (8 salaries)	₹10.5 L/yr - ₹18.4 L/yr 29% more
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Reliance General Insurance Underwriting Manager Salary 0 - 5 years exp. (8 salaries)	₹4.5 L/yr - ₹10 L/yr 12% less
SBI General Insurance Underwriting Manager Salary 11 - 13 years exp. (3 salaries)	₹9.7 L/yr - ₹11.6 L/yr 21% more
Future Generali India Life Insurance Underwriting Manager Salary 9 - 13 years exp. (3 salaries)	₹10 L/yr - ₹10.1 L/yr 9% more

Underwriting Manager salary at Cholamandalam MS General Insurance ranges between ₹8 Lakhs to ₹10.3 Lakhs per year for employees with experience between 11 years to 15 years. Salary estimates are based on 2 latest salaries received from various employees of Cholamandalam MS General Insurance.

Similar Designation salaries in Cholamandalam MS General Insurance

Deputy Manager Salary

(8 salaries)

₹6 L/yr - ₹11 L/yr

Chief Manager Salary

(5 salaries)

₹20 L/yr - ₹24.25 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.

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.

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.

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

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.

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.

Dislikes

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

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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Cholamandalam MS General Insurance Underwriting Manager Salary FAQs

What is the notice period for Underwriting Manager at Cholamandalam MS General Insurance in Mumbai?

According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Underwriting Managers in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Underwriting Manager Salaries in Mumbai

Cholamandalam MS General Insurance Underwriting Manager salary in Mumbai ranges between ₹8 Lakhs to ₹10.3 Lakhs. This is an estimate based on latest salaries received from employees of Cholamandalam MS General Insurance.