Shriram General Insurance Business Manager Salaries by 4 Employees (Updated 2025)

6 - 18 years exp.

₹3.5 Lakhs - ₹9.4 Lakhs

Low Confidence

Salary of majority employees

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55% less than the average Business Manager Salary in Insurance Companies for 6 - 18 years of experience

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Salaries in different departments

Sales & Business Development Business Manager Salary 12 - 18 years exp. (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹9.4 L/yr
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BFSI, Investments & Trading Business Manager Salary 6 years exp. (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 24 Jan 2024

Companies similar to Shriram General Insurance for Business Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Business Manager Salary 3 - 14 years exp. (10 salaries)	Unlock ₹2.3 L/yr - ₹10 L/yr 2% more
Bajaj Allianz General Insurance Business Manager Salary 4 - 11 years exp. (9 salaries)	Unlock ₹3.9 L/yr - ₹6.3 L/yr 6% less
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HDFC Ergo General Insurance Business Manager Salary 1 - 5 years exp. (3 salaries)	Unlock ₹3.9 L/yr - ₹15 L/yr 94% more
Reliance General Insurance Business Manager Salary 7 - 17 years exp. (133 salaries)	Unlock ₹4.5 L/yr - ₹12.3 L/yr 66% more
Future Generali India Life Insurance Business Manager Salary 1 - 16 years exp. (7 salaries)	Unlock ₹3.8 L/yr - ₹6.5 L/yr 7% more
Bharti AXA Life Insurance Business Manager Salary 1 - 12 years exp. (204 salaries)	Unlock ₹2.2 L/yr - ₹4 L/yr 40% less	1 job opening
Edelweiss Life Insurance Business Manager Salary 0 - 16 years exp. (34 salaries)	Unlock ₹3 L/yr - ₹8.5 L/yr 5% more
IndiaFirst Life Insurance Business Manager Salary 3 - 13 years exp. (24 salaries)	Unlock ₹2.9 L/yr - ₹6.3 L/yr 7% less
Cholamandalam MS General Insurance Business Manager Salary 3 - 14 years exp. (15 salaries)	Unlock ₹4 L/yr - ₹6.5 L/yr 12% more
ManipalCigna Health Insurance Business Manager Salary 4 - 7 years exp. (5 salaries)	Unlock ₹3 L/yr - ₹3.9 L/yr 34% less

Business Manager salary at Shriram General Insurance ranges between ₹3.5 Lakhs to ₹9.4 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram General Insurance.

Experience wise Shriram General Insurance Business Manager salaries

Last Updated: 24 Jan 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹4 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹4 L/yr
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15+ years (AmbitionBox Estimate)	Unlock ₹8.5 L/yr - ₹10.8 L/yr

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Salary related reviews for Shriram General Insurance

5.0

Rated by 2 employees for salary & benefits

Business Manager in Ajmer

Life insurance Department

5.0

• posted on 17 Aug 2018

5.0

for Salary and Benefits

Likes

...stick time with Shri ram life insurance company. The policy of company was good. But every time they was changed in employee ' s policy ( like - salary, remuration, and making unnecessary tragat pressure....etc.) and terms and conditions was not good....But overall time was good.

Salary - Excellent

+4 more

Dislikes

I explained above already.

Job security - Poor

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

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

Insurance Operations Executive in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 23 Oct 2024

2.0

for Salary and Benefits

Likes

TRAINING IS GOOD 👍 EASILY UNDERSTAND THE WORK

Dislikes

Timings not good Salary Also Less Saturday Week off not available Some times workings on Sunday's also due month end is Sunday. Marketing and Accounts Team is Not Co Ordinate Properly

Salary - Poor

+5 more

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Shriram General Insurance Business Manager Salary FAQs

What is the salary of Business Manager at Shriram General Insurance?

Business Manager salary at Shriram General Insurance in India ranges between ₹3.5 Lakhs to ₹9.4 Lakhs for experience between 6 years to 18 years. According to our estimates it is 55% less than the average Business Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Shriram General Insurance India.

How does the salary of a Business Manager at Shriram General Insurance India compare with the average salary range for this job?

The average salary of a Business Manager at Shriram General Insurance is 55% less than the average salary of a Business Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Shriram General Insurance to a Business Manager in India?

HDFC Ergo General Insurance Business Manager Salary - ₹3.9 Lakhs to ₹15.0 Lakhs per year
Reliance General Insurance Business Manager Salary - ₹4.5 Lakhs to ₹12.3 Lakhs per year
Cholamandalam MS General Insurance Business Manager Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year
Future Generali India Life Insurance Business Manager Salary - ₹3.8 Lakhs to ₹6.5 Lakhs per year
Edelweiss Life Insurance Business Manager Salary - ₹3.0 Lakhs to ₹8.5 Lakhs per year

What is the salary of a Business Manager in companies similar to Shriram General Insurance in India?

ICICI Lombard General Insurance Company Business Manager Salary - ₹2.3 Lakhs to ₹10.0 Lakhs per year
Bajaj Allianz General Insurance Business Manager Salary - ₹3.9 Lakhs to ₹6.3 Lakhs per year
IndiaFirst Life Insurance Business Manager Salary - ₹2.9 Lakhs to ₹6.3 Lakhs per year
ManipalCigna Health Insurance Business Manager Salary - ₹3.0 Lakhs to ₹3.9 Lakhs per year
Bharti AXA Life Insurance Business Manager Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a Business Manager at Shriram General Insurance ranges between ₹37,363 per month to ₹38,567 per month in India. The take-home salary calculation is based on the average Shriram General Insurance Business Manager salary in India which ranges between ₹3.5 Lakhs to ₹9.4 Lakhs per year for employees with experience between 6 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Business Manager at Shriram General Insurance?

According to AmbitionBox, 67% of the Shriram General Insurance Business Managers reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Shriram General Insurance Business Manager Salaries

Shriram General Insurance Business Manager salary in India ranges between ₹3.5 Lakhs to ₹9.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shriram General Insurance latest salaries received from various employees of Shriram General Insurance.