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Aditya Birla Sun Life Insurance ASM salaries in India

Annual salary range
0 - 5 years exp.
₹2.3 Lakhs - ₹3.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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62% less than the average ASM Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
ASM Salary
1 - 3 years exp. (4 salaries)
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₹2.3 L/yr - ₹2.7 L/yr

Sales & Business Development
ASM Salary
0 - 3 years exp. (4 salaries)
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₹2.5 L/yr - ₹3.3 L/yr

Last Updated: 19 Feb 2024

Companies similar to Aditya Birla Sun Life Insurance for ASM

Company name Avg Annual Salary Open Jobs
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Axis Max Life Insurance ASM Salary

1 - 9 years exp. (115 salaries)

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₹2.5 L/yr - ₹4.8 L/yr

arrow icon 33% more
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HDFC Life ASM Salary

0 - 8 years exp. (62 salaries)

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₹2.7 L/yr - ₹5 L/yr

arrow icon 42% more
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Aditya Birla Health Insurance Co ASM Salary

1 - 6 years exp. (18 salaries)

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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 16% more
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Reliance Nippon Life Insurance ASM Salary

1 - 13 years exp. (10 salaries)

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₹2 L/yr - ₹3.6 L/yr

arrow icon 8% less
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Tata AIA Life Insurance ASM Salary

4 - 11 years exp. (4 salaries)

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₹4 L/yr - ₹4.3 L/yr

arrow icon 46% more
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HDFC Ergo General Insurance ASM Salary

0 - 9 years exp. (4 salaries)

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₹3.2 L/yr - ₹10.5 L/yr

arrow icon 82% more
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ICICI Prudential Life Insurance ASM Salary

1 - 3 years exp. (3 salaries)

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₹4.5 L/yr - ₹4.9 L/yr

arrow icon 72% more
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₹3 L/yr - ₹5 L/yr

arrow icon 55% more
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₹7.6 L/yr - ₹30 L/yr

arrow icon 565% more
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Bajaj Allianz General Insurance ASM Salary

4 - 15 years exp. (3 salaries)

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₹5.7 L/yr - ₹9 L/yr

arrow icon 165% more
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Bajaj Allianz Life Insurance ASM Salary

1 - 5 years exp. (3 salaries)

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₹1.9 L/yr - ₹2.3 L/yr

arrow icon 20% less
ASM salary at Aditya Birla Sun Life Insurance ranges between ₹2.3 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 10 latest salaries received from various employees of Aditya Birla Sun Life Insurance.

Latest annual salaries shared by Aditya Birla Sun Life Insurance ASM

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Experience wise Aditya Birla Sun Life Insurance ASM salaries

Last Updated: 19 Feb 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5 L/yr
1 year  (3 salaries)

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₹2.6 L/yr - ₹3.3 L/yr
2 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5 L/yr
3 years  (3 salaries)

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₹2.3 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
View all

Similar Designation salaries in Aditya Birla Sun Life Insurance

Sales Manager Salary
(239 salaries)
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₹2.2 L/yr - ₹10.5 L/yr
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₹1.7 L/yr - ₹5.5 L/yr
Cluster Manager Salary
(232 salaries)
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₹5.2 L/yr - ₹14 L/yr
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₹2.5 L/yr - ₹4.1 L/yr
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₹2.5 L/yr - ₹3.95 L/yr
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₹3 L/yr - ₹5.5 L/yr
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₹9.1 L/yr - ₹16.8 L/yr
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₹2.4 L/yr - ₹4.22 L/yr
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₹2.15 L/yr - ₹4.34 L/yr
Branch Manager Salary
(107 salaries)
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₹4.5 L/yr - ₹11.3 L/yr

Salary related reviews for Aditya Birla Sun Life Insurance

2.0

Rated by 3 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 01 May 2024

1.0
 for  Salary and Benefits

Likes

Great work-life balance, working culture is decent, good place to learn about insurance and how to work in general. Job security is very high.

read more
  • Job security - Excellent
  • +2 more

Dislikes

Salary is easily the worst in the entire industry. Feels more like pocket money. Management isn’t rock-solid all the way. Promotions are best left forgotten. No yearly appraisals. Overall, a very good organisation to work for as long as you don’t care about earning a decent amount.

read more
  • Salary - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 23 Jun 2023

5.0
 for  Salary and Benefits

Likes

Aditya Birla Sun Life Insurance is good. The Aditya Birla Sun Life Insurance Company provides the best life insurance policy at reasonable premiums. The Company offers life insurance cover and an excellent claim settlement ratio to secure your family. It will help to protect your loved ones even after death.

read more
  • Salary - Excellent
  • +6 more

Dislikes

you may have to pay high premiums if you have a pre-existing medical condition

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Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 17 Oct 2024

4.0
 for  Salary and Benefits

Likes

ABSLI is a good place to work because of its work environment, culture, and benefits.

  • Salary - Good
  • +6 more

Dislikes

Negative about working at Aditya Birla Sun Life Insurance (ABSLI) Low salary-Some say that salaries are low and that there is little growth. Work pressure- Some say that there is too much work pressure. Late hours-Some say that working hours are late.

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BFSI, Investments & Trading Department

2.0
  •  posted on 30 Apr 2022

3.0
 for  Salary and Benefits

Likes

...and in market the work culture of Aditya Birla Sun Life Insurance is very worst. No self respect, no leave, even they are force you working on holiday and if you unavailable due to any of reason then your salary will be hold. Senior are doing harassment, here if you are good job here then you will not get the appreciate even seniors will blame you on your work. You unable to take a single leave here even if you have the health problems. The matter is if you are ready for do the labour work then they will pay you regularly. The official time is 09:30 AM - 06:30 PM but they will force to work for 08:30 AM - 09, 10, 11 PM regularly. If you denied for that then simple as before said your salary will be Hold. The HR policy is not available here. The managers are also using slangs in office. So overall it's not a good company for a long period. It's only little bit good for Just take the experience and fly 🕊️ away to a better place where you can utilise your knowledge for the organisational growth.

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Dislikes

Office Timing (Minimum 12 Hours you need to spend in office). 7 Days working while they have Sunday off with Alternate Saturday off. Manager's behaviour because they are using slangs. No leave allowed while they have paid leave policy. No Work life balance. No Job Satisfaction. No respect while your performance also best. No integrity.

read more
  • Skill development - Poor
  • +5 more

Sales & Business Development Department

4.0
  •  posted on 14 Jun 2021

4.0
 for  Salary and Benefits

Likes

Good work environment, supportive managment. Company also provide attractive incentive structure.

  • Salary - Good
  • +4 more

Dislikes

...lot of politics and the management doesn't address our issues at priority level. Salary is not as much it should be.

read more
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Aditya Birla Sun Life Insurance ASM Salary FAQs

What is the salary of ASM at Aditya Birla Sun Life Insurance ?
The average salary of a ASM at Aditya Birla Sun Life Insurance in India typically ranges from ₹2.3 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of ASM at Aditya Birla Sun Life Insurance earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. ASM Salaries at Aditya Birla Sun Life 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 10 Aditya Birla Sun Life Insurance employees in India.
What is the estimated take home salary of a ASM at Aditya Birla Sun Life Insurance in India?
The estimated take-home salary of a ASM at Aditya Birla Sun Life Insurance in India typically ranges from ₹19,864 to ₹21,529 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 5 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 10 salaries received from various employees of Aditya Birla Sun Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Aditya Birla Sun Life Insurance for ASM in India?
ICICI Lombard General Insurance Company ₹7.6 Lakhs to ₹30.0 Lakhs per year
Bajaj Allianz General Insurance ₹5.7 Lakhs to ₹9.0 Lakhs per year
HDFC Ergo General Insurance ₹3.2 Lakhs to ₹10.5 Lakhs per year
ICICI Prudential Life Insurance ₹4.5 Lakhs to ₹4.9 Lakhs per year
Life Insurance Corporation of India ₹3.0 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aditya Birla Sun Life Insurance, depending on the role and experience level.
What is the salary of a ASM in companies similar to Aditya Birla Sun Life Insurance in India?
The salary of a ASM at companies similar to Aditya Birla Sun Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance ₹4.0 Lakhs to ₹4.3 Lakhs per year
HDFC Life ₹2.7 Lakhs to ₹5.0 Lakhs per year
Axis Max Life Insurance ₹2.5 Lakhs to ₹4.8 Lakhs per year
Aditya Birla Health Insurance Co ₹2.2 Lakhs to ₹4.5 Lakhs per year
Reliance Nippon Life Insurance ₹2.0 Lakhs to ₹3.6 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 ASM at Aditya Birla Sun Life Insurance in India?
The salary growth for a ASM at Aditya Birla Sun Life Insurance depends on factors such as experience, performance, and promotions. On average, a ASM can expect the following growth trajectory at Aditya Birla Sun Life Insurance:

Experience Average Salary Range
Fresher ₹2.5 Lakhs to ₹5.0 Lakhs per year
1 year ₹2.6 Lakhs to ₹3.3 Lakhs per year
2 years ₹2.5 Lakhs to ₹5.0 Lakhs per year
3 years ₹2.3 Lakhs to ₹5.0 Lakhs per year
and so on.

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Aditya Birla Sun Life Insurance ASM salary in India ranges between ₹2.3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Aditya Birla Sun Life Insurance latest salaries received from various employees of Aditya Birla Sun Life Insurance.