Shriram General Insurance Chennai Branch Manager Salaries by 8 Employees

8 - 14 years exp.

₹4 Lakhs - ₹8.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

43% less than the average Branch Manager Salary in Insurance Companies for 8 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 8 - 14 years exp. (5 salaries)	₹4 L/yr - ₹7.7 L/yr
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Customer Success, Service & Operations Branch Manager Salary 8 years exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹8.5 L/yr

Last Updated: 31 Jul 2024

Companies similar to Shriram General Insurance for Branch Manager in Chennai

Shriram General Insurance Branch Manager Salary

8 - 14 years exp. (8 salaries)

₹4 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Branch Manager Salary 7 - 13 years exp. (10 salaries)	₹7.5 L/yr - ₹10.5 L/yr 43% more
ICICI Bank Branch Manager Salary 4 - 21 years exp. (212 salaries)	₹5.5 L/yr - ₹21.2 L/yr 114% more
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HDFC Bank Branch Manager Salary 6 - 22 years exp. (139 salaries)	₹6.3 L/yr - ₹27 L/yr 148% more	17 job openings
Muthoot Finance Branch Manager Salary 2 - 17 years exp. (90 salaries)	₹2.4 L/yr - ₹7 L/yr 22% less
Muthoot Fincorp Branch Manager Salary 3 - 15 years exp. (82 salaries)	₹2.2 L/yr - ₹6 L/yr 31% less	1 job opening

Branch Manager salary at Shriram General Insurance ranges between ₹4 Lakhs to ₹8.5 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 8 latest salaries received from various employees of Shriram General Insurance.

Experience wise Shriram General Insurance Branch Manager salaries in Chennai

Last Updated: 31 Jul 2024

Experience	Avg Annual Salary
8 years (3 salaries)	₹4 L/yr - ₹8.5 L/yr
9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
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10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
11 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
12 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
13 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
14 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr

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From

Branch Manager

6 - 15 years exp.

Area Manager

12 - 20 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Top skills at Shriram General Insurance for Branch Manager

Risk Assessment Analytical Chemistry Customer Service CRM Claims Adjudication Medical Underwriting US Staffing Hospital Administration Radius Ionic Framework SAS SQL Recruitment Employee Engagement Team Management

Salary related reviews for Shriram General Insurance

5.0

Rated by 1 employees for salary & benefits

Branch Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 10 Oct 2023

1.0

for Salary and Benefits

Likes

Learning

Dislikes

...r increasing group companies profit. So employees are under tremendous pressure. Salary is very low comparing to Industry standard. They are forcefully making employees buy there LI policies which is high priced.

Salary - Bad

+4 more

Deputy Manager in Jaipur

Theft Claims Department

3.0

• posted on 21 Sep 2019

2.0

for Salary and Benefits

Likes

The company never gives mental stress to there employees. The work culture is good. Apart from the company policy. My boss always taught us the lessons of life. How to deal with professional & personal life. There is no hire & fire policy in the company if you are an hard worker. I also like the re-hire policy of the company.

Job security - Excellent

+2 more

Dislikes

Compensation is very less & growth is also very slow. There is no internal training programs for the employees. There is too much chaplusi done by some persons of senior members due to which the worth keeping person never uplift by the company.

Salary - Poor

Branch Incharge in Patna

Marketing & Communication Department

4.0

• posted on 17 Oct 2019

3.0

for Salary and Benefits

Likes

Working in shriram general insurance company is a good experience for me, To work in friendly environment, good and supportive teammates. Good chances of career growth.job security is guaranteed, if one can works sincerely and properly.One can use his innovative thoughts in easy way,one can be a good learner here. Work-life balance is superb here. Overall experience is good for me here.

Skill development - Good

+3 more

Dislikes

The two things I dislike most here, first Dirty politics and secondly there is lesser salary is providing here which is not good for anyone career growth.

Operations Manager in Ludhiana

BFSI, Investments & Trading Department

5.0

• posted on 29 Feb 2020

3.0

for Salary and Benefits

Likes

Working with company like this is good ,if i talk about career growth it will let you down,but your job is fully secured at here,appraisal are here s little bit lower than others,but you will learn many think from here,working culture is also good,work balance is not maintained.

Skill development - Excellent

+3 more

Dislikes

Salary,career growth is not here

Marketing Executive in Kochi

Full Time

Sales & Business Development Department

2.0

• posted on 27 Dec 2024

1.0

for Salary and Benefits

Likes

Company growth is high rate. So job security is very high . Excellent traning and advanced technology

Skill development - Good

+2 more

Dislikes

...to stress and imbalance. Difficulty in tracking and obtaining incentives fairly. Salary packages do not align with the amount and quality of work expected.

Salary - Bad

+2 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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Shriram General Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Shriram General Insurance in Chennai?

The average salary of a Branch Manager at Shriram General Insurance in Chennai typically ranges from ₹4.0 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 8 years to 14 years).

The top 10% of Branch Manager in Chennai at Shriram General Insurance earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Branch Manager Salaries at Shriram 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 8 Shriram General Insurance employees in India.

What is the estimated take home salary of a Branch Manager at Shriram General Insurance in Chennai?

The estimated take-home salary of a Branch Manager at Shriram General Insurance in Chennai typically ranges from ₹47,251 to ₹48,370 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 8 years to 14 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 Shriram General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Manager at Shriram General Insurance in Chennai?

To be a Branch Manager at Shriram General Insurance in Chennai, the key skills required include:

- Risk Assessment
- Analytical Chemistry
- Customer Service
- CRM
- Claims Adjudication

These skills are highly valued at Shriram General Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Shriram General Insurance for Branch Manager in India?

HDFC Bank	₹6.3 Lakhs to ₹27.0 Lakhs per year
ICICI Bank	₹5.5 Lakhs to ₹21.2 Lakhs per year
Aditya Birla Health Insurance Co	₹7.5 Lakhs to ₹10.5 Lakhs per year

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

What is the salary of a Branch Manager in companies similar to Shriram General Insurance in Chennai?

The salary of a Branch Manager at companies similar to Shriram General Insurance in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Finance	₹2.4 Lakhs to ₹7.0 Lakhs per year
Muthoot Fincorp	₹2.2 Lakhs to ₹6.0 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 Branch Manager at Shriram General Insurance in Chennai?

The salary growth for a Branch Manager at Shriram General Insurance in Chennai depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Chennai can expect the following growth trajectory at Shriram General Insurance:

Experience	Average Salary Range
8 years	₹4.0 Lakhs to ₹8.5 Lakhs per year
9 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
10 years	₹5.5 Lakhs to ₹7.1 Lakhs per year
11 years	₹5.6 Lakhs to ₹7.2 Lakhs per year

and so on.

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Shriram General Insurance Branch Manager Salaries in Chennai

Shriram General Insurance Branch Manager salary in Chennai ranges between ₹4 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Shriram General Insurance latest salaries received from various employees of Shriram General Insurance.