Cholamandalam MS Risk Services Senior Manager Salaries by 8 Employees (Updated 2025)

11 - 17 years exp.

₹12.3 Lakhs - ₹28 Lakhs

Avg. annual salary

Monthly In-hand Salary

7% less than the average Senior Manager Salary in Management Consulting Companies for 11 - 17 years of experience

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Salaries in different departments

Data Science & Analytics Senior Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹12.3 L/yr - ₹18 L/yr
Engineering - Software & QA Senior Manager Salary 13 - 17 years exp. (AmbitionBox Estimate)	₹17 L/yr - ₹19.7 L/yr
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Environment Health & Safety Senior Manager Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹22.7 L/yr - ₹28 L/yr
Strategic & Top Management Senior Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹17.1 L/yr - ₹19.8 L/yr

Last Updated: 20 Mar 2025

Companies similar to Cholamandalam MS Risk Services for Senior Manager

Company name	Avg Annual Salary	Open Jobs
Alvarez & Marsal Senior Manager Salary 5 - 12 years exp. (61 salaries)	₹32 L/yr - ₹60 L/yr 138% more
The Hackett Group Senior Manager Salary 14 - 20 years exp. (8 salaries)	₹26 L/yr - ₹35 L/yr 55% more
Login to view exact salary
MGB Senior Manager Salary 6 - 15 years exp. (7 salaries)	₹18 L/yr - ₹24 L/yr 2% less
ANSR Global Corporation Senior Manager Salary 5 - 17 years exp. (7 salaries)	₹21 L/yr - ₹35.6 L/yr 51% more
Beroe Inc Senior Manager Salary 10 - 15 years exp. (5 salaries)	₹23 L/yr - ₹50 L/yr 65% more
A&A Business Consulting Senior Manager Salary 12 - 17 years exp. (5 salaries)	₹8.8 L/yr - ₹14.4 L/yr 37% less
UJA Global Advisory Private Limited Senior Manager Salary 5 - 6 years exp. (3 salaries)	₹5 L/yr - ₹7 L/yr 73% less
Hero Corporate Services Senior Manager Salary 10 - 18 years exp. (3 salaries)	₹17.5 L/yr - ₹42 L/yr 30% more
Nabard Consultancy Services Senior Manager Salary 1 - 18 years exp. (3 salaries)	₹2.8 L/yr - ₹7.2 L/yr 79% less
Valueonshore Advisors Senior Manager Salary 10 - 17 years exp. (3 salaries)	₹17.5 L/yr - ₹26 L/yr 2% more
Oliver Wyman Senior Manager Salary 8 - 11 years exp. (3 salaries)	₹54 L/yr - ₹59 L/yr 176% more	1 job opening
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Senior Manager salary at Cholamandalam MS Risk Services ranges between ₹12.3 Lakhs to ₹28 Lakhs per year for employees with experience between 11 years to 17 years. Salary estimates are based on 8 latest salaries received from various employees of Cholamandalam MS Risk Services.

Experience wise Cholamandalam MS Risk Services Senior Manager salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹35.3 L/yr
12 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹35.7 L/yr
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13 years (AmbitionBox Estimate)	₹17 L/yr - ₹36 L/yr
14 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹23.2 L/yr
15+ years (5 salaries)	₹17 L/yr - ₹28 L/yr

Similar Designation salaries in Cholamandalam MS Risk Services

Deputy Manager Salary

(49 salaries)

₹5.6 L/yr - ₹12.5 L/yr

Sales Manager Salary

(3 salaries)

₹3.1 L/yr - ₹4.5 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹20.4 L/yr - ₹26.1 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Sales Officer Salary

(4 salaries)

₹3 L/yr - ₹3.5 L/yr

Team Lead Salary

(4 salaries)

₹2.95 L/yr - ₹3.36 L/yr

Sales Executive Salary

(4 salaries)

₹2.4 L/yr - ₹3.9 L/yr

Business Development Manager Salary

(3 salaries)

₹9.6 L/yr - ₹17 L/yr

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹17 L/yr - ₹21.7 L/yr

Top skills at Cholamandalam MS Risk Services for Senior Manager

Gap Analysis Consulting Industrial Safety Mechanical Engineering System Audit

Salary related reviews for Cholamandalam MS Risk Services

3.0

Rated by 1 employees for salary & benefits

Field Executive in Chennai

Full Time

Marketing & Communication Department

3.0

• posted on 22 Jul 2024

3.0

for Salary and Benefits

Likes

Cholamandalam pays salary time to time And even after leaving the job, whatever money you earn in this company, all that money will be transferred to your account.

Skill development - Good

+1 more

Dislikes

The way of getting the work done by the seniors of Chola Mandalam is not right

Associate Relationship Manager in Chennai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 28 Aug 2023

3.0

for Salary and Benefits

Likes

Good to work and development my skills in the company Nice to meet more people all are friendly feel We can learn Excel,mail handling,pivot, formally Food and snacks are awesome to have all are unlimited

Job security - Excellent

+1 more

Dislikes

...We have to work all the days even in government holiday Over pressure to handle Salary is too low to work When we ask for leave for a day they don't give they ask to come to office Every time we have to work Month end we have to work till 9am to 9 pm Month end start on 27 to 1 of next month Not leave for 2 week on month end

Promotions - Bad

+1 more

Safety Manager in Chennai

Full Time

Environment Health & Safety Department

1.0

• posted on 17 Oct 2023

2.0

for Salary and Benefits

Likes

Salary is good comparing with other indian companies

Dislikes

You will have to do all works of the project from physical works like lifting load even if you have been recruited as a manager. You cant be with family, company will not support. Bad transport arrangements from accommodation to project. There is not even allowance for transportation.

Salary - Poor

+6 more

Electrical Safety Specialist in Chennai

Full Time

Environment Health & Safety Department

2.0

• posted on 02 Feb 2023

1.0

for Salary and Benefits

Likes

We will get salary on time

Dislikes

Culture followed is not good and no job security. Especially Gujarat site very worst management poor accommodation and vechile arrangements are very poor. Manager is very worst behaviour.

Salary - Bad

+6 more

Assitant Manager - Process Safety in Chennai

Finance & Accounting Department

2.0

• posted on 30 Nov 2021

1.0

for Salary and Benefits

Likes

Teammates are supportive, you get to learn a lot

Skill development - Good

Dislikes

There’s no work life balance, one is supposed to work over the weekend as well with no compensation. And 9 hours per day isn’t enough for the superiors, they expect 12-14 hours.

Salary - Bad

+3 more

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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?

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Cholamandalam MS Risk Services Senior Manager Salary FAQs

What is the salary of Senior Manager at Cholamandalam MS Risk Services ?

The average salary of a Senior Manager at Cholamandalam MS Risk Services in India typically ranges from ₹12.3 Lakhs to ₹28.0 Lakhs per year, depending on experience (from 11 years to 17 years).

The top 10% of Senior Manager at Cholamandalam MS Risk Services earn more than ₹28.0 Lakhs per year, and the top 1% earn over ₹28.0 Lakhs per year. Senior Manager Salaries at Cholamandalam MS Risk Services 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 8 Cholamandalam MS Risk Services employees in India.

What is the estimated take home salary of a Senior Manager at Cholamandalam MS Risk Services in India?

The estimated take-home salary of a Senior Manager at Cholamandalam MS Risk Services in India typically ranges from ₹1,32,693 to ₹1,37,556 per month. This is based on the average salary range of ₹12.3 Lakhs to ₹28.0 Lakhs per year for employees with experience ranging from 11 years to 17 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 8 salaries received from various employees of Cholamandalam MS Risk Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Manager at Cholamandalam MS Risk Services ?

To be a Senior Manager at Cholamandalam MS Risk Services in india, the key skills required include:

- Gap Analysis
- Consulting
- Industrial Safety
- Mechanical Engineering
- System Audit

These skills are highly valued at Cholamandalam MS Risk Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Cholamandalam MS Risk Services for Senior Manager in India?

Oliver Wyman	₹54.0 Lakhs to ₹59.0 Lakhs per year
Alvarez & Marsal	₹32.0 Lakhs to ₹60.0 Lakhs per year
Beroe Inc	₹23.0 Lakhs to ₹50.0 Lakhs per year
The Hackett Group	₹26.0 Lakhs to ₹35.0 Lakhs per year
ANSR Global Corporation	₹21.0 Lakhs to ₹35.6 Lakhs per year

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

What is the salary of a Senior Manager in companies similar to Cholamandalam MS Risk Services in India?

The salary of a Senior Manager at companies similar to Cholamandalam MS Risk Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hero Corporate Services	₹17.5 Lakhs to ₹42.0 Lakhs per year
Valueonshore Advisors	₹17.5 Lakhs to ₹26.0 Lakhs per year
MGB	₹18.0 Lakhs to ₹24.0 Lakhs per year
A&A Business Consulting	₹8.8 Lakhs to ₹14.4 Lakhs per year
UJA Global Advisory Private Limited	₹5.0 Lakhs to ₹7.0 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 Senior Manager at Cholamandalam MS Risk Services in India?

The salary growth for a Senior Manager at Cholamandalam MS Risk Services depends on factors such as experience, performance, and promotions. On average, a Senior Manager can expect the following growth trajectory at Cholamandalam MS Risk Services:

Experience	Average Salary Range
11 years	₹12.3 Lakhs to ₹35.3 Lakhs per year
12 years	₹12.3 Lakhs to ₹35.7 Lakhs per year
13 years	₹17.0 Lakhs to ₹36.0 Lakhs per year
14 years	₹18.2 Lakhs to ₹23.2 Lakhs per year

and so on.

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Cholamandalam MS Risk Services Senior Manager Salaries

Cholamandalam MS Risk Services Senior Manager salary in India ranges between ₹12.3 Lakhs to ₹28 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Cholamandalam MS Risk Services latest salaries received from various employees of Cholamandalam MS Risk Services.