Cholamandalam MS Risk Services Senior Manager Salaries by 6 Employees (Updated 2025)

11 - 17 years exp.

₹12.3 Lakhs - ₹17.1 Lakhs

Salary of majority employees

28% 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 - ₹15.3 L/yr
Engineering - Software & QA Senior Manager Salary 13 - 17 years exp. (AmbitionBox Estimate)	₹15.5 L/yr - ₹17 L/yr
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Strategic & Top Management Senior Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹15.5 L/yr - ₹17.1 L/yr

Last Updated: 2 Feb 2025

Companies similar to Cholamandalam MS Risk Services for Senior Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIG Senior Manager Salary 0 - 13 years exp. (475 salaries)	₹6 L/yr - ₹17.8 L/yr 28% less	4 job openings
ICICI Lombard General Insurance Company Senior Manager Salary 0 - 19 years exp. (1.5k salaries)	₹4.6 L/yr - ₹13.9 L/yr 38% less	4 job openings
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Bajaj Allianz General Insurance Senior Manager Salary 3 - 18 years exp. (41 salaries)	₹4.5 L/yr - ₹12.9 L/yr 31% less	1 job opening
HDFC Ergo General Insurance Senior Manager Salary 5 - 19 years exp. (321 salaries)	₹7 L/yr - ₹24 L/yr 4% less
Reliance General Insurance Senior Manager Salary 5 - 17 years exp. (109 salaries)	₹5 L/yr - ₹15.6 L/yr 37% less
SBI General Insurance Senior Manager Salary 5 - 16 years exp. (96 salaries)	₹5 L/yr - ₹19.8 L/yr 23% less
Future Generali India Life Insurance Senior Manager Salary 10 - 19 years exp. (62 salaries)	₹9 L/yr - ₹30 L/yr 15% more	1 job opening
Alvarez & Marsal Senior Manager Salary 5 - 10 years exp. (59 salaries)	₹32 L/yr - ₹61 L/yr 209% more
The Hackett Group Senior Manager Salary 14 - 20 years exp. (8 salaries)	₹26 L/yr - ₹35 L/yr 102% more
MGB Senior Manager Salary 6 - 15 years exp. (7 salaries)	₹18 L/yr - ₹24 L/yr 28% more
ANSR Global Corporation Senior Manager Salary 5 - 17 years exp. (7 salaries)	₹21 L/yr - ₹35.6 L/yr 97% more
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Beroe Inc Senior Manager Salary 10 - 15 years exp. (5 salaries)	₹23 L/yr - ₹50 L/yr 115% more
A&A Business Consulting Senior Manager Salary 12 - 17 years exp. (5 salaries)	₹8.8 L/yr - ₹14.4 L/yr 18% less
Hero Corporate Services Senior Manager Salary 10 - 18 years exp. (3 salaries)	₹17.5 L/yr - ₹42 L/yr 69% more
Valueonshore Advisors Senior Manager Salary 10 - 17 years exp. (3 salaries)	₹17.5 L/yr - ₹26 L/yr 32% more

Senior Manager salary at Cholamandalam MS Risk Services ranges between ₹12.3 Lakhs to ₹17.1 Lakhs per year for employees with experience between 11 years to 17 years. Salary estimates are based on 6 latest salaries received from various employees of Cholamandalam MS Risk Services.

Experience wise Cholamandalam MS Risk Services Senior Manager salaries

Last Updated: 2 Feb 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹28.2 L/yr
12 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹28.2 L/yr
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13 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹17 L/yr
14 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
15+ years (3 salaries)	₹6.2 L/yr - ₹17.1 L/yr

Similar Designation salaries in Cholamandalam MS Risk Services

Deputy Manager Salary

(51 salaries)

₹5.6 L/yr - ₹12.5 L/yr

Sales Manager Salary

(4 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

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₹2.4 L/yr - ₹3.9 L/yr

Business Development Manager Salary

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₹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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Cholamandalam MS Risk Services Senior Manager Salary FAQs

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

Senior Manager salary at Cholamandalam MS Risk Services in India ranges between ₹12.3 Lakhs to ₹17.1 Lakhs for experience between 11 years to 17 years. According to our estimates it is 28% less than the average Senior Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Cholamandalam MS Risk Services India.

How does the salary of a Senior Manager at Cholamandalam MS Risk Services India compare with the average salary range for this job?

The average salary of a Senior Manager at Cholamandalam MS Risk Services is 28% less than the average salary of a Senior Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Manager at Cholamandalam MS Risk Services?

Gap Analysis, Consulting, Industrial Safety, Mechanical Engineering and System Audit are some of the popular skills required to work as a Senior Manager at Cholamandalam MS Risk Services India.

Which similar companies are paying more than Cholamandalam MS Risk Services to a Senior Manager in India?

Alvarez & Marsal Senior Manager Salary - ₹32.0 Lakhs to ₹61.0 Lakhs per year
Beroe Inc Senior Manager Salary - ₹23.0 Lakhs to ₹50.0 Lakhs per year
The Hackett Group Senior Manager Salary - ₹26.0 Lakhs to ₹35.0 Lakhs per year
ANSR Global Corporation Senior Manager Salary - ₹21.0 Lakhs to ₹35.6 Lakhs per year
Hero Corporate Services Senior Manager Salary - ₹17.5 Lakhs to ₹42.0 Lakhs per year

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

Valueonshore Advisors Senior Manager Salary - ₹17.5 Lakhs to ₹26.0 Lakhs per year
MGB Senior Manager Salary - ₹18.0 Lakhs to ₹24.0 Lakhs per year
Future Generali India Life Insurance Senior Manager Salary - ₹9.0 Lakhs to ₹30.0 Lakhs per year
HDFC Ergo General Insurance Senior Manager Salary - ₹7.0 Lakhs to ₹24.0 Lakhs per year
A&A Business Consulting Senior Manager Salary - ₹8.8 Lakhs to ₹14.4 Lakhs per year

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 ranges between ₹1,06,486 per month to ₹1,09,417 per month in India. The take-home salary calculation is based on the average Cholamandalam MS Risk Services Senior Manager salary in India which ranges between ₹12.3 Lakhs to ₹17.1 Lakhs per year for employees with experience between 11 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager at Cholamandalam MS Risk Services?

According to AmbitionBox, 80% of the Cholamandalam MS Risk Services Senior Managers reported a notice period of 2 Months, 20% reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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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 ₹17.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Cholamandalam MS Risk Services latest salaries received from various employees of Cholamandalam MS Risk Services.