Cholamandalam MS General Insurance Underwriting Officer Salaries by 4 Employees (Updated 2025)

1 - 3 years exp.

₹2.5 Lakhs - ₹3.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

9% more than the average Underwriting Officer Salary in Insurance Companies for 1 - 3 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Underwriting Officer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.6 L/yr
Login to view exact salary
BFSI, Investments & Trading Underwriting Officer Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr

Last Updated: 6 Apr 2025

Companies similar to Cholamandalam MS General Insurance for Underwriting Officer

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Underwriting Officer Salary 0 - 5 years exp. (85 salaries)	₹1.6 L/yr - ₹3.6 L/yr 7% less
RBL Bank Underwriting Officer Salary 1 - 6 years exp. (4 salaries)	₹2 L/yr - ₹3.2 L/yr 8% less
Login to view exact salary
Oman Qatar Insurance Company Underwriting Officer Salary 0 - 3 years exp. (4 salaries)	₹29.5 L/yr - ₹38 L/yr 1026% more
HealthAssure Underwriting Officer Salary 1 - 3 years exp. (3 salaries)	₹2.7 L/yr - ₹3.5 L/yr 1% less

Underwriting Officer salary at Cholamandalam MS General Insurance ranges between ₹2.5 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Underwriting Officer salaries

Last Updated: 6 Apr 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Senior Officer Salary

(48 salaries)

₹2.15 L/yr - ₹4.05 L/yr

Operations Manager Salary

(14 salaries)

₹1 L/yr - ₹9 L/yr

Deputy Manager Salary

(66 salaries)

₹4 L/yr - ₹11.25 L/yr

Operations Executive Salary

(51 salaries)

₹1.05 L/yr - ₹3.6 L/yr

Computer Operator Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Sales Executive Salary

(83 salaries)

₹1.4 L/yr - ₹4.25 L/yr

Data Entry Operator Salary

(5 salaries)

₹1 L/yr - ₹3 L/yr

Senior Associate Salary

(6 salaries)

₹1.2 L/yr - ₹4.93 L/yr

Relationship Manager Salary

(140 salaries)

₹2.1 L/yr - ₹6 L/yr

MIS Executive Salary

(13 salaries)

₹2.25 L/yr - ₹3.75 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

Back Office Executive in New Delhi

BFSI, Investments & Trading Department

2.0

• posted on 11 Oct 2018

1.0

for Salary and Benefits

Likes

My colleagues only

Company culture - Good

Dislikes

...k office employee but after chaning profile as customer retaintion excutive i.e. sales profile back office, bcz of cost cutting doing all type of work from a single employee, pathetic experiance

Salary - Bad

+5 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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about Cholamandalam MS General Insurance?

Ask anonymously on communities.

Cholamandalam MS General Insurance Underwriting Officer Salary FAQs

What is the salary of Underwriting Officer at Cholamandalam MS General Insurance ?

The average salary of a Underwriting Officer at Cholamandalam MS General Insurance in India typically ranges from ₹2.5 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Underwriting Officer at Cholamandalam MS General Insurance earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Underwriting Officer Salaries at Cholamandalam MS General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Cholamandalam MS General Insurance employees in India.

What is the estimated take home salary of a Underwriting Officer at Cholamandalam MS General Insurance in India?

The estimated take-home salary of a Underwriting Officer at Cholamandalam MS General Insurance in India typically ranges from ₹21,790 to ₹23,277 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 1 year to 3 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Cholamandalam MS General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Cholamandalam MS General Insurance for Underwriting Officer in India?

Oman Qatar Insurance Company

₹29.5 Lakhs to ₹38.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Cholamandalam MS General Insurance, depending on the role and experience level.

What is the salary of a Underwriting Officer in companies similar to Cholamandalam MS General Insurance in India?

The salary of a Underwriting Officer at companies similar to Cholamandalam MS General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HealthAssure	₹2.7 Lakhs to ₹3.5 Lakhs per year
Star Health & Allied Insurance	₹1.6 Lakhs to ₹3.6 Lakhs per year
RBL Bank	₹2.0 Lakhs to ₹3.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Underwriting Officer at Cholamandalam MS General Insurance in India?

The salary growth for a Underwriting Officer at Cholamandalam MS General Insurance depends on factors such as experience, performance, and promotions. On average, a Underwriting Officer can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹3.1 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹3.0 Lakhs to ₹3.9 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Cholamandalam MS General Insurance Salaries >
Cholamandalam MS General Insurance Underwriting Officer Salaries

Cholamandalam MS General Insurance Underwriting Officer salary in India ranges between ₹2.5 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Underwriting Officer salaries in India (Updated 2025)

Companies similar to Cholamandalam MS General Insurance for Underwriting Officer

Latest annual salaries shared by Cholamandalam MS General Insurance Underwriting Officer

Experience wise Cholamandalam MS General Insurance Underwriting Officer salaries

Similar Designation salaries in Cholamandalam MS General Insurance

Salary related reviews for Cholamandalam MS General Insurance

Deputy Manager in Chennai

Senior Officer in Trichy

Customer Service Executive

Back Office Executive in New Delhi

Area Manager in Bikaner

Cholamandalam MS General Insurance Underwriting Officer Salary FAQs

Tell us how to improve this page.