Shriram Life Insurance Agency Development Manager Salaries by 4 Employees (Updated 2025)

1 - 6 years exp.

₹2.5 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

38% less than the average Agency Development Manager Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Agency Development Manager Salary 1 - 6 years exp. (3 salaries)	₹2.5 L/yr - ₹3 L/yr
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Sales & Business Development Agency Development Manager Salary 2 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.8 L/yr

Last Updated: 15 Mar 2023

Companies similar to Shriram Life Insurance for Agency Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Agency Development Manager Salary 0 - 9 years exp. (38 salaries)	₹2 L/yr - ₹6.5 L/yr 38% more
HDFC Life Agency Development Manager Salary 2 - 14 years exp. (249 salaries)	₹2.3 L/yr - ₹6.5 L/yr 69% more
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SBI Life Insurance Company Agency Development Manager Salary 0 - 9 years exp. (17 salaries)	₹2.5 L/yr - ₹4.2 L/yr 32% more
Max Life Insurance Agency Development Manager Salary 0 - 13 years exp. (561 salaries)	₹2 L/yr - ₹6.7 L/yr 76% more	33 job openings
Bajaj Allianz Life Insurance Agency Development Manager Salary 1 - 9 years exp. (7 salaries)	₹3.1 L/yr - ₹4.5 L/yr 53% more
Kotak Mahindara Life Insurance Agency Development Manager Salary 2 - 9 years exp. (19 salaries)	₹1 L/yr - ₹5.5 L/yr 36% more
Reliance Nippon Life Insurance Agency Development Manager Salary 0 - 8 years exp. (141 salaries)	₹1.2 L/yr - ₹5 L/yr 5% more
Aditya Birla Sun Life Insurance Agency Development Manager Salary 1 - 10 years exp. (4 salaries)	₹2.6 L/yr - ₹3.8 L/yr 20% more
PNB MetLife Agency Development Manager Salary 6 - 11 years exp. (5 salaries)	₹4.1 L/yr - ₹7.8 L/yr 116% more
Tata AIA Life Insurance Agency Development Manager Salary 2 - 9 years exp. (5 salaries)	₹2.8 L/yr - ₹6.3 L/yr 54% more
Star Health & Allied Insurance Agency Development Manager Salary 0 - 7 years exp. (152 salaries)	₹2 L/yr - ₹5.6 L/yr 20% more
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HDFC Ergo General Insurance Agency Development Manager Salary 0 - 8 years exp. (57 salaries)	₹2.2 L/yr - ₹4.5 L/yr 25% more
ICICI Lombard General Insurance Company Agency Development Manager Salary 0 - 8 years exp. (6 salaries)	₹2.6 L/yr - ₹6 L/yr 53% more
Bajaj Allianz General Insurance Agency Development Manager Salary 5 - 8 years exp. (6 salaries)	₹3.7 L/yr - ₹4.6 L/yr 59% more
Life Insurance Corporation of India Agency Development Manager Salary 3 - 12 years exp. (5 salaries)	₹2.6 L/yr - ₹5.4 L/yr 62% more
Aditya Birla Health Insurance Co Agency Development Manager Salary 4 - 7 years exp. (5 salaries)	₹3.1 L/yr - ₹3.8 L/yr 33% more
SBI General Insurance Agency Development Manager Salary 1 - 4 years exp. (4 salaries)	₹2.8 L/yr - ₹4.5 L/yr 39% more

Agency Development Manager salary at Shriram Life Insurance ranges between ₹2.5 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Agency Development Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.8 L/yr
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3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr

View all

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Regional Manager Salary

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Assistant Sales Manager Salary

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Territory Sales Manager Salary

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₹2.2 L/yr - ₹2.8 L/yr

Top skills at Shriram Life Insurance for Agency Development Manager

Team Handling Direct Sales Insurance Sales Agency Sales Beverage Bfsi Sales Salesforce Geology Field Marketing Life Insurance Marking Retail Sales Agency Management Field Work agency development

Salary related reviews for Shriram Life Insurance

4.9

Rated by 2 employees for salary & benefits

Sales Executive in Hyderabad / Secunderabad

Customer Service Department

1.0

• posted on 09 Mar 2021

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

... If my father is not well they are telling to get the sell from family members. They have told that If I sell the product the my family member then I will get my salary otherwise not see this is the company which is not at all employee centric it is only about their reputation and in terms of their reputation that are cheating their customers. So do not believe in this company please believe a trusted one.

Salary - Bad

+6 more

Territory Manager in New Delhi

BFSI, Investments & Trading Department

4.0

• posted on 31 Jul 2020

3.0

for Salary and Benefits

Likes

Work culture here is pretty flexible which allows people to work at their own pace and conviniece. Company is not very aggresive in nature and has indeed helped all their junior and mid level employees by providing full compensation during lockdown. When it comes to management, they are bit shaken after covid...making drastic changes which is not welcomed by many.

Job security - Good

+2 more

Dislikes

Weak management. Worst paymaster in the industry and despite this they foucs immenly on cost cutting. Poor office infrastructure (branhces) expect the head office.

Promotions - Poor

Tele Marketing Executive in Chennai

Full Time

Marketing & Communication Department

3.0

• posted on 19 Nov 2024

3.0

for Salary and Benefits

Likes

Sales business so... income is flexible according to your business

Skill development - Good

Dislikes

There are many dislikes.... 1. Salary was not credited by the correct date 2. There are no week off including Sunday working day 3.etc not recommended

Senior Business Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 Mar 2024

1.0

for Salary and Benefits

Likes

Nothing to like

Dislikes

Work culture horrible. HR is not bothered. They dont even respond to your calls .salary deduction is ver high .no security for your job they can remove you anytime.horrible company..even sundays they expect to work.

Salary - Bad

+5 more

Unit Manager in Hubli

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 19 Jun 2023

1.0

for Salary and Benefits

Likes

There is not a single good things about Shriram life insurance Company. Its horrible place for work.

Dislikes

Reckless Boss, after joining 1st month salary provided after that No salary no response from HR, your attendance doesn't matters. If they wish then only you will get salary. One of the worst experience I had in 6months.

Salary - Bad

+6 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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Shriram Life Insurance Agency Development Manager Salary FAQs

What is the salary of Agency Development Manager at Shriram Life Insurance?

Agency Development Manager salary at Shriram Life Insurance in India ranges between ₹2.5 Lakhs to ₹3.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 38% less than the average Agency Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Shriram Life Insurance India.

How does the salary of a Agency Development Manager at Shriram Life Insurance India compare with the average salary range for this job?

The average salary of a Agency Development Manager at Shriram Life Insurance is 38% less than the average salary of a Agency Development Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Agency Development Manager at Shriram Life Insurance?

Team Handling, Direct Sales, Insurance Sales, Agency Sales and Beverage are some of the popular skills required to work as a Agency Development Manager at Shriram Life Insurance India.

Which similar companies are paying more than Shriram Life Insurance to a Agency Development Manager in India?

PNB MetLife Agency Development Manager Salary - ₹4.1 Lakhs to ₹7.8 Lakhs per year
Max Life Insurance Agency Development Manager Salary - ₹2.0 Lakhs to ₹6.7 Lakhs per year
HDFC Life Agency Development Manager Salary - ₹2.3 Lakhs to ₹6.5 Lakhs per year
Life Insurance Corporation of India Agency Development Manager Salary - ₹2.6 Lakhs to ₹5.4 Lakhs per year
Bajaj Allianz General Insurance Agency Development Manager Salary - ₹3.7 Lakhs to ₹4.6 Lakhs per year

What is the salary of a Agency Development Manager in companies similar to Shriram Life Insurance in India?

Tata AIA Life Insurance Agency Development Manager Salary - ₹2.8 Lakhs to ₹6.3 Lakhs per year
Bajaj Allianz Life Insurance Agency Development Manager Salary - ₹3.1 Lakhs to ₹4.5 Lakhs per year
ICICI Lombard General Insurance Company Agency Development Manager Salary - ₹2.6 Lakhs to ₹6.0 Lakhs per year
SBI General Insurance Agency Development Manager Salary - ₹2.8 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance Agency Development Manager Salary - ₹2.0 Lakhs to ₹6.5 Lakhs per year

What is the estimated take home salary of a Agency Development Manager at Shriram Life Insurance in India?

The estimated take-home salary of a Agency Development Manager at Shriram Life Insurance ranges between ₹19,076 per month to ₹20,753 per month in India. The take-home salary calculation is based on the average Shriram Life Insurance Agency Development Manager salary in India which ranges between ₹2.5 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Agency Development Manager at Shriram Life Insurance?

According to AmbitionBox, 100% of the Shriram Life Insurance Agency Development Managers reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Shriram Life Insurance Agency Development Manager Salaries

Shriram Life Insurance Agency Development Manager salary in India ranges between ₹2.5 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.