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Shriram Life Insurance
3.7
based on 981 Reviews
Company Overview
Company Locations
Working at Shriram Life Insurance
Company Summary
Shriram Life Insurance is a Life Insurance Company in India.
Overall Rating
3.7/5
based on 981 reviews
4% below
industry average
Critically rated for
Promotions, Salary
Work Policy
Work from office
78% employees reported
Monday to Saturday
71% employees reported
Flexible timing
56% employees reported
Within city
47% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
49 employees reported
Health insurance
34 employees reported
Cafeteria
22 employees reported
Professional degree assistance
14 employees reported
View all benefits
About Shriram Life Insurance
Founded in2005 (20 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersHyderabad/Secunderabad, Telangana, India
Office Locations
--
Websiteshriramlife.com
Primary Industry
Other Industries
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The Shriram Life Insurance Company was founded with the objective of reaching out to the “common man” with products and services that would be helpful to him as he sets out on the path to “prosperity”. Operational efficiency, integrity and a strong focus on catering to the needs of the average Indian , by offering him high quality and cost-effective products and services, are the core values that drive the organisation. These values have been strongly adhered to over the decades and are now an integral part of the organisation’s DNA. The company prides itself on its deep understanding of the customer. Each product or service is tailor-made to specifically suit the needs of the customer. It is this guiding philosophy of putting people first that has brought the group company closer to the grassroots and has made it the preferred choice for all truck financing requirements amongst the customers.
Mission: The Shriram Life Insurance Company is set out with the objective of reaching out to the "common man" with a host of products and services that would be helpful to him in his path to "prosperity".
Vision: Efficiency in operations, integrity and a strong focus on catering to the needs of the common man, by offering him high quality and cost-effective products and services, are the values driving the organization. These core values are deep-rooted within the organization and have been strongly adhered to over the decades.
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Shriram Life Insurance Ratings
based on 981 reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
460
4
216
3
109
2
58
1
138
Category Ratings
3.7
Work-life balance
3.6
Company culture
3.5
Job security
3.5
Skill development
3.4
Work satisfaction
3.4
Salary
3.3
Promotions
Shriram Life Insurance is rated 3.7 out of 5 stars on AmbitionBox, based on 981 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Shriram Life Insurance
based on 924 reviews
3.6
Rated by 185 Women
Rated 3.7 for Company culture and 3.7 for Skill development
3.7
Rated by 739 Men
Rated 3.7 for Work-life balance and 3.6 for Company culture
Work Policy at Shriram Life Insurance
based on 115 reviews in last 6 months
Work from office
78%
Hybrid
20%
Permanent work from home
2%
Shriram Life Insurance Reviews
Top mentions in Shriram Life Insurance Reviews
+ 5 more
Compare Shriram Life Insurance with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 981 reviews | 4.1/5 based on 6.1k reviews | 3.8/5 based on 3.7k reviews | 4.0/5 based on 8.6k reviews |
Highly Rated for | No highly rated category | Job security Skill development Salary | Job security | Skill development Job security Company culture |
Critically Rated for | Promotions Salary | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Work from office 78% employees reported | Work from office 90% employees reported | Work from office 77% employees reported | Work from office 82% employees reported |
Rating by Women Employees | 3.6 Good rated by 185 women | 4.0 Good rated by 1.4k women | 3.8 Good rated by 580 women | 3.9 Good rated by 1.8k women |
Rating by Men Employees | 3.7 Good rated by 739 men | 4.1 Good rated by 4.4k men | 3.8 Good rated by 2.8k men | 4.0 Good rated by 6.4k men |
Job security | 3.5 Good | 4.1 Good | 3.9 Good | 3.9 Good |
View more
Shriram Life Insurance Salaries
3.4
rated by 981 employees for salariesSales Manager
(110 salaries)
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₹1.7 L/yr - ₹7 L/yr
Relationship Manager
(99 salaries)
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₹1.8 L/yr - ₹6.3 L/yr
Business Development Manager
(92 salaries)
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₹2 L/yr - ₹5 L/yr
Sales Executive
(76 salaries)
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₹1.1 L/yr - ₹4 L/yr
Branch Manager
(69 salaries)
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₹2.2 L/yr - ₹9.5 L/yr
Assistant Area Manager
(61 salaries)
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₹3.6 L/yr - ₹7 L/yr
Business Manager
(54 salaries)
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₹2.2 L/yr - ₹5 L/yr
Team Lead
(52 salaries)
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₹2.4 L/yr - ₹5.5 L/yr
Branch Operation Executive
(51 salaries)
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₹1.1 L/yr - ₹3.8 L/yr
Deputy Manager
(44 salaries)
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₹4 L/yr - ₹10 L/yr
Shriram Life Insurance Interview Questions
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Shriram Life Insurance Jobs
Shriram Life Insurance News
Shriram Life Insurance launches Sunishchit Laabh savings plan
- Shriram Life Insurance has launched the Sunishchit Laabh savings plan.
- The plan offers tax-free maturity income payouts for up to 40 years, with a maximum age cap of 101 years.
- It provides death benefits up to 160 times the annualised premium and flexible maturity income payout modes.
- The plan is suitable for retirement planning, children’s education, and establishing a financial safety net.
HinduBusinessLine | 16 Jan, 2025
Shriram Life Insurance Reports Rs 50 Crore Net Profit, Doubles Policy Sales In H1
- Shriram Life Insurance reported a net profit of Rs 50 crore in the first half of the current fiscal.
- The company sold 2.83 lakh individual policies in the first half, nearly double the sales compared to the same period last year.
- The net profit of the company decreased to Rs 50 crore from Rs 70 crore in the previous fiscal due to capacity expansion.
- Presently, 50% of the business comes from southern states, while the rest comes from other states.
Bloomberg Quint | 8 Nov, 2024
Shriram Life’s individual new business premium soars 57% in H1 FY25
- Shriram Life’s individual new business premium grew 57% to ₹542 crore in H1 FY25.
- The life insurer sold 2.83 lakh individual policies, up 96% from the same period last year.
- SLIC's Assets Under Management as of H1FY25 stood at ₹12,310 crore.
- The private life insurer registered a profit after tax (PAT) of ₹50 crore in H1FY25.
HinduBusinessLine | 8 Nov, 2024
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Shriram Life Insurance Offices
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Shriram Life Insurance FAQs
When was Shriram Life Insurance founded?
Shriram Life Insurance was founded in 2005. The company has been operating for 20 years primarily in the Insurance sector.
Where is the Shriram Life Insurance headquarters located?
Shriram Life Insurance is headquartered in Hyderabad/Secunderabad, Telangana.
How many employees does Shriram Life Insurance have in India?
Shriram Life Insurance currently has more than 25,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Shriram Life Insurance based on the number of reviews submitted on AmbitionBox.
Does Shriram Life Insurance have good work-life balance?
Shriram Life Insurance has a Work-Life Balance Rating of 3.7 out of 5 based on 900+ employee reviews on AmbitionBox. 69% employees rated Shriram Life Insurance 4 or above, while 31% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Shriram Life Insurance work-life balance reviews for more details
Is Shriram Life Insurance good for career growth?
Career growth at Shriram Life Insurance is rated as moderate, with a promotions and appraisal rating of 3.3. 31% employees rated Shriram Life Insurance 3 or below, while 69% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Shriram Life Insurance promotions/appraisals reviews for more detailed insights.
What are the cons of working in Shriram Life Insurance?
Working at Shriram Life Insurance does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal and salary & benefits, based on 900+ employee reviews on AmbitionBox.
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