Shriram Life Insurance Area Manager Salaries by 30+ Employees (Updated 2025)

8 - 16 years exp.

₹3.7 Lakhs - ₹11 Lakhs

Salary of majority employees

32% less than the average Area Manager Salary in Insurance Companies for 8 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 8 - 16 years exp. (22 salaries)	₹3.7 L/yr - ₹11 L/yr
Sales & Business Development Area Manager Salary 8 - 16 years exp. (9 salaries)	₹4.8 L/yr - ₹8.9 L/yr
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Customer Success, Service & Operations Area Manager Salary 9 - 15 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹9.5 L/yr

Last Updated: 23 Feb 2025

Companies similar to Shriram Life Insurance for Area Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (352 salaries)	₹5.8 L/yr - ₹12.8 L/yr 50% more	19 job openings
HDFC Life Area Manager Salary 4 - 14 years exp. (26 salaries)	₹3.2 L/yr - ₹12.6 L/yr 14% more
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SBI Life Insurance Company Area Manager Salary 6 - 19 years exp. (222 salaries)	₹4.6 L/yr - ₹14.2 L/yr 43% more
Max Life Insurance Area Manager Salary 5 - 18 years exp. (282 salaries)	₹4.2 L/yr - ₹13.2 L/yr 23% more	1 job opening
Bajaj Allianz Life Insurance Area Manager Salary 5 - 17 years exp. (227 salaries)	₹5 L/yr - ₹16.5 L/yr 49% more
Kotak Mahindara Life Insurance Area Manager Salary 7 - 24 years exp. (26 salaries)	₹5.7 L/yr - ₹17.9 L/yr 76% more
Reliance Nippon Life Insurance Area Manager Salary 13 - 20 years exp. (72 salaries)	₹9.5 L/yr - ₹21.4 L/yr 120% more
Aditya Birla Sun Life Insurance Area Manager Salary 3 - 10 years exp. (121 salaries)	₹4.5 L/yr - ₹9 L/yr 6% more
PNB MetLife Area Manager Salary 6 - 15 years exp. (20 salaries)	₹5.9 L/yr - ₹11.1 L/yr 42% more
Tata AIA Life Insurance Area Manager Salary 6 - 17 years exp. (179 salaries)	₹5.5 L/yr - ₹17.7 L/yr 75% more	9 job openings
ICICI Lombard General Insurance Company Area Manager Salary 3 - 17 years exp. (74 salaries)	₹6.8 L/yr - ₹18.5 L/yr 94% more
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Star Health & Allied Insurance Area Manager Salary 6 - 19 years exp. (45 salaries)	₹5.7 L/yr - ₹22 L/yr 91% more	1 job opening
HDFC Ergo General Insurance Area Manager Salary 5 - 20 years exp. (40 salaries)	₹6 L/yr - ₹12.5 L/yr 38% more
Aditya Birla Health Insurance Co Area Manager Salary 7 - 18 years exp. (31 salaries)	₹4.5 L/yr - ₹16.5 L/yr 58% more
Bajaj Allianz General Insurance Area Manager Salary 7 - 15 years exp. (16 salaries)	₹5.2 L/yr - ₹18 L/yr 60% more	1 job opening
SBI General Insurance Area Manager Salary 3 - 21 years exp. (6 salaries)	₹9 L/yr - ₹15.2 L/yr 79% more
Life Insurance Corporation of India Area Manager Salary 10 - 15 years exp. (4 salaries)	₹7.5 L/yr - ₹10 L/yr 34% more

Area Manager salary at Shriram Life Insurance ranges between ₹3.7 Lakhs to ₹11 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 35 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Area Manager salaries

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
8 years (5 salaries)	₹4.4 L/yr - ₹10 L/yr
9 years (6 salaries)	₹4 L/yr - ₹9.5 L/yr
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10 years (7 salaries)	₹3.7 L/yr - ₹6.5 L/yr
11 years (4 salaries)	₹6.3 L/yr - ₹8 L/yr
12 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹6.5 L/yr
13 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹8 L/yr
14 years (4 salaries)	₹5 L/yr - ₹8.9 L/yr
15+ years (7 salaries)	₹4.2 L/yr - ₹11 L/yr

View all

Similar Designation salaries in Shriram Life Insurance

Sales Manager Salary

(112 salaries)

₹1.65 L/yr - ₹7 L/yr

Branch Manager Salary

(90 salaries)

₹3 L/yr - ₹10 L/yr

Area Sales Manager Salary

(17 salaries)

₹1.8 L/yr - ₹6 L/yr

Cluster Manager Salary

(21 salaries)

₹3.8 L/yr - ₹6.5 L/yr

Deputy Manager Salary

(44 salaries)

₹4 L/yr - ₹10 L/yr

Regional Manager Salary

(13 salaries)

₹8 L/yr - ₹22 L/yr

Marketing Manager Salary

(3 salaries)

₹2.75 L/yr - ₹4 L/yr

Business Manager Salary

(59 salaries)

₹2.15 L/yr - ₹5 L/yr

Territory Manager Salary

(9 salaries)

₹3 L/yr - ₹7.2 L/yr

Team Lead Salary

(51 salaries)

₹2.4 L/yr - ₹5.5 L/yr

Top skills at Shriram Life Insurance for Area Manager

agency Sales direct marketing

Salary related reviews for Shriram Life Insurance

4.2

Rated by 23 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

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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Salary Discussions, Hike & Promotions

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 Area Manager Salary FAQs

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

Area Manager salary at Shriram Life Insurance in India ranges between ₹3.7 Lakhs to ₹11.0 Lakhs for experience between 8 years to 16 years. According to our estimates it is 32% less than the average Area Manager Salary in India. Salary estimates are based on 35 latest salaries received from various employees of Shriram Life Insurance India.

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

The average salary of a Area Manager at Shriram Life Insurance is 32% less than the average salary of a Area Manager in India. To know exact salary insights, login to view.

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

agency, Sales and direct marketing are some of the popular skills required to work as a Area Manager at Shriram Life Insurance India.

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

Reliance Nippon Life Insurance Area Manager Salary - ₹9.5 Lakhs to ₹21.4 Lakhs per year
ICICI Lombard General Insurance Company Area Manager Salary - ₹6.8 Lakhs to ₹18.5 Lakhs per year
Star Health & Allied Insurance Area Manager Salary - ₹5.7 Lakhs to ₹22.0 Lakhs per year
SBI General Insurance Area Manager Salary - ₹9.0 Lakhs to ₹15.2 Lakhs per year
Kotak Mahindara Life Insurance Area Manager Salary - ₹5.7 Lakhs to ₹17.9 Lakhs per year

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

Tata AIA Life Insurance Area Manager Salary - ₹5.5 Lakhs to ₹17.7 Lakhs per year
Bajaj Allianz General Insurance Area Manager Salary - ₹5.2 Lakhs to ₹18.0 Lakhs per year
Aditya Birla Health Insurance Co Area Manager Salary - ₹4.5 Lakhs to ₹16.5 Lakhs per year
ICICI Prudential Life Insurance Area Manager Salary - ₹5.8 Lakhs to ₹12.8 Lakhs per year
Bajaj Allianz Life Insurance Area Manager Salary - ₹5.0 Lakhs to ₹16.5 Lakhs per year

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

The estimated take-home salary of a Area Manager at Shriram Life Insurance ranges between ₹49,279 per month to ₹50,443 per month in India. The take-home salary calculation is based on the average Shriram Life Insurance Area Manager salary in India which ranges between ₹3.7 Lakhs to ₹11.0 Lakhs per year for employees with experience between 8 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 45% of the Shriram Life Insurance Area Managers reported a notice period of 1 Month, 28% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 44 responses on AmbitionBox in last 2 years.

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Shriram Life Insurance Area Manager Salaries by Location

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Shriram Life Insurance Area Manager Salaries

Shriram Life Insurance Area Manager salary in India ranges between ₹3.7 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 35 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.

Shriram Life Insurance Area Manager salaries in India (Updated 2025)

Companies similar to Shriram Life Insurance for Area Manager

Latest annual salaries shared by Shriram Life Insurance Area Manager

Experience wise Shriram Life Insurance Area Manager salaries

Similar Designation salaries in Shriram Life Insurance

Top skills at Shriram Life Insurance for Area Manager

Salary related reviews for Shriram Life Insurance

Sales Executive in Hyderabad / Secunderabad

Territory Manager in New Delhi

Cluster Manager in Mirzapur

Tele Marketing Executive in Chennai

Senior Business Manager in Mumbai

Shriram Life Insurance Area Manager Salary FAQs

Tell us how to improve this page.

Shriram Life Insurance Area Manager Salaries by Location