Shriram Life Insurance Area Business Manager Salaries by 7 Employees (Updated 2025)

1 - 13 years exp.

₹2.4 Lakhs - ₹7.3 Lakhs

Low Confidence

Salary of majority employees

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48% less than the average Area Business Manager Salary in Insurance Companies for 1 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Business Manager Salary 3 - 13 years exp. (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹7.3 L/yr
Sales & Business Development Area Business Manager Salary 11 years exp. (AmbitionBox Estimate)	Unlock ₹6 L/yr - ₹7.2 L/yr
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Marketing & Communication Area Business Manager Salary 7 years exp. (AmbitionBox Estimate)	Unlock ₹2.3 L/yr - ₹2.9 L/yr

Last Updated: 10 Sep 2023

Companies similar to Shriram Life Insurance for Area Business Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Area Business Manager Salary 0 - 15 years exp. (270 salaries)	Unlock ₹2.4 L/yr - ₹8.5 L/yr 12% more	3 job openings
Bajaj Allianz Life Insurance Area Business Manager Salary 6 - 12 years exp. (4 salaries)	Unlock ₹3.2 L/yr - ₹10 L/yr 55% more
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Kotak Mahindara Life Insurance Area Business Manager Salary 2 - 15 years exp. (5 salaries)	Unlock ₹5.4 L/yr - ₹7.3 L/yr 28% more
Reliance Nippon Life Insurance Area Business Manager Salary 1 - 12 years exp. (5 salaries)	Unlock ₹2.4 L/yr - ₹6 L/yr 15% less
Aditya Birla Sun Life Insurance Area Business Manager Salary 4 - 11 years exp. (4 salaries)	Unlock ₹5.1 L/yr - ₹10 L/yr 65% more
PNB MetLife Area Business Manager Salary 4 - 15 years exp. (3 salaries)	Unlock ₹5.1 L/yr - ₹11 L/yr 71% more
Tata AIA Life Insurance Area Business Manager Salary 3 - 16 years exp. (5 salaries)	Unlock ₹4 L/yr - ₹6 L/yr 10% more
ICICI Lombard General Insurance Company Area Business Manager Salary 7 - 14 years exp. (6 salaries)	Unlock ₹2.1 L/yr - ₹12.7 L/yr 48% more
SBI General Insurance Area Business Manager Salary 0 - 5 years exp. (4 salaries)	Unlock ₹8.3 L/yr - ₹15 L/yr 118% more
Bajaj Allianz General Insurance Area Business Manager Salary 6 - 10 years exp. (4 salaries)	Unlock ₹4.5 L/yr - ₹7 L/yr 17% more
HDFC Ergo General Insurance Area Business Manager Salary 6 - 12 years exp. (3 salaries)	Unlock ₹4 L/yr - ₹9 L/yr 53% more
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Area Business Manager salary at Shriram Life Insurance ranges between ₹2.4 Lakhs to ₹7.3 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 7 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Area Business Manager salaries

Last Updated: 10 Sep 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹3.3 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹3.6 L/yr
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7 years (AmbitionBox Estimate)	Unlock ₹2.3 L/yr - ₹3 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹5.9 L/yr - ₹7.6 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹6.5 L/yr - ₹8.3 L/yr

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Salary related reviews for Shriram Life Insurance

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

Cluster Manager in Mirzapur

Sales Department

3.0

• posted on 18 Oct 2020

2.0

for Salary and Benefits

Likes

...tly. No appraisal this year. Compensation should be more as per work and labour. Very less salary.

Dislikes

Salary must be at par as per the designation compare to other companies

Salary - Poor

+3 more

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

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Shriram Life Insurance Area Business Manager Salary FAQs

What is the salary of Area Business Manager at Shriram Life Insurance?

Area Business Manager salary at Shriram Life Insurance in India ranges between ₹2.4 Lakhs to ₹7.3 Lakhs for experience between 1 years to 13 years. According to our estimates it is 48% less than the average Area Business Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Shriram Life Insurance India.

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

The average salary of a Area Business Manager at Shriram Life Insurance is 48% less than the average salary of a Area Business Manager in India. To know exact salary insights, login to view.

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

SBI General Insurance Area Business Manager Salary - ₹8.3 Lakhs to ₹15.0 Lakhs per year
PNB MetLife Area Business Manager Salary - ₹5.1 Lakhs to ₹11.0 Lakhs per year
Aditya Birla Sun Life Insurance Area Business Manager Salary - ₹5.1 Lakhs to ₹10.0 Lakhs per year
Bajaj Allianz Life Insurance Area Business Manager Salary - ₹3.2 Lakhs to ₹10.0 Lakhs per year
HDFC Ergo General Insurance Area Business Manager Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year

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

ICICI Lombard General Insurance Company Area Business Manager Salary - ₹2.1 Lakhs to ₹12.7 Lakhs per year
Kotak Mahindara Life Insurance Area Business Manager Salary - ₹5.4 Lakhs to ₹7.3 Lakhs per year
Bajaj Allianz General Insurance Area Business Manager Salary - ₹4.5 Lakhs to ₹7.0 Lakhs per year
HDFC Life Area Business Manager Salary - ₹2.4 Lakhs to ₹8.5 Lakhs per year
Tata AIA Life Insurance Area Business Manager Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a Area Business Manager at Shriram Life Insurance ranges between ₹35,923 per month to ₹37,149 per month in India. The take-home salary calculation is based on the average Shriram Life Insurance Area Business Manager salary in India which ranges between ₹2.4 Lakhs to ₹7.3 Lakhs per year for employees with experience between 1 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 71% of the Shriram Life Insurance Area Business Manager s reported a notice period of 15 days or less, 29% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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Shriram Life Insurance Area Business Manager Salaries

Shriram Life Insurance Area Business Manager salary in India ranges between ₹2.4 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.