Shriram Life Insurance Area Sales Manager Salaries by 10+ Employees

2 - 16 years exp.

₹1.8 Lakh - ₹6 Lakhs

Salary of majority employees

57% less than the average Area Sales Manager Salary in Insurance Companies for 2 - 16 years of experience

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Salaries in different departments

Marketing & Communication Area Sales Manager Salary 3 - 15 years exp. (6 salaries)	₹1.8 L/yr - ₹4.6 L/yr
BFSI, Investments & Trading Area Sales Manager Salary 9 - 16 years exp. (4 salaries)	₹4.1 L/yr - ₹6 L/yr
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Sales & Business Development Area Sales Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹5.1 L/yr

Last Updated: 4 Apr 2024

Companies similar to Shriram Life Insurance for Area Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Area Sales Manager Salary 6 - 18 years exp. (212 salaries)	₹6 L/yr - ₹22.4 L/yr 195% more
HDFC Ergo General Insurance Area Sales Manager Salary 7 - 18 years exp. (144 salaries)	₹4.9 L/yr - ₹17.1 L/yr 146% more
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Aditya Birla Health Insurance Co Area Sales Manager Salary 6 - 15 years exp. (143 salaries)	₹6.2 L/yr - ₹16 L/yr 148% more
ICICI Prudential Life Insurance Area Sales Manager Salary 1 - 12 years exp. (131 salaries)	₹4.7 L/yr - ₹16.2 L/yr 125% more
Tata AIA Life Insurance Area Sales Manager Salary 7 - 17 years exp. (90 salaries)	₹5.2 L/yr - ₹16.8 L/yr 193% more
SBI General Insurance Area Sales Manager Salary 12 - 20 years exp. (90 salaries)	₹7.5 L/yr - ₹22 L/yr 254% more	1 job opening
Aditya Birla Sun Life Insurance Area Sales Manager Salary 3 - 14 years exp. (78 salaries)	₹4 L/yr - ₹15.5 L/yr 112% more
Bajaj Allianz General Insurance Area Sales Manager Salary 6 - 16 years exp. (63 salaries)	₹2.9 L/yr - ₹12 L/yr 79% more	11 job openings
Axis Max Life Insurance Area Sales Manager Salary 3 - 12 years exp. (61 salaries)	₹2.8 L/yr - ₹9.7 L/yr 24% more
HDFC Life Area Sales Manager Salary 2 - 10 years exp. (41 salaries)	₹2 L/yr - ₹8 L/yr 5% more
Bajaj Allianz Life Insurance Area Sales Manager Salary 3 - 13 years exp. (25 salaries)	₹3.5 L/yr - ₹13.6 L/yr 78% more
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PNB MetLife Area Sales Manager Salary 1 - 10 years exp. (25 salaries)	₹1.9 L/yr - ₹9.5 L/yr 27% more	1 job opening
Reliance Nippon Life Insurance Area Sales Manager Salary 1 - 9 years exp. (17 salaries)	₹1.8 L/yr - ₹5 L/yr 25% less
SBI Life Insurance Company Area Sales Manager Salary 6 - 14 years exp. (17 salaries)	₹3.8 L/yr - ₹13.5 L/yr 109% more
Kotak Mahindara Life Insurance Area Sales Manager Salary 1 - 21 years exp. (8 salaries)	₹3.5 L/yr - ₹8.4 L/yr 67% more
Life Insurance Corporation of India Area Sales Manager Salary 4 - 6 years exp. (4 salaries)	₹2 L/yr - ₹4 L/yr 26% less
Star Health & Allied Insurance Area Sales Manager Salary 3 - 18 years exp. (4 salaries)	₹4.8 L/yr - ₹9.5 L/yr 15% more
MetLife Area Sales Manager Salary 2 - 3 years exp. (3 salaries)	₹4 L/yr - ₹9.1 L/yr 38% more
AIG Area Sales Manager Salary 5 - 15 years exp. (3 salaries)	₹9.1 L/yr - ₹9.5 L/yr 118% more

Area Sales Manager salary at Shriram Life Insurance ranges between ₹1.8 Lakh to ₹6 Lakhs per year for employees with experience between 2 years to 16 years. Salary estimates are based on 17 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Area Sales Manager salaries

Last Updated: 4 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.6 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹6.8 L/yr
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4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.9 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹7.7 L/yr
10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹4.5 L/yr
11 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹4.5 L/yr
12 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.2 L/yr
13 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
14 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.4 L/yr
15+ years (3 salaries)	₹4.6 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Shriram Life Insurance

Sales Manager Salary

(112 salaries)

₹1.65 L/yr - ₹7 L/yr

Senior Sales Manager Salary

(7 salaries)

₹2.5 L/yr - ₹8 L/yr

Area Manager Salary

(44 salaries)

₹3.7 L/yr - ₹11 L/yr

Area Business Manager Salary

(7 salaries)

₹2.4 L/yr - ₹7.2 L/yr

Assistant Sales Manager Salary

(12 salaries)

₹2.4 L/yr - ₹3 L/yr

Senior Area Sales Manager Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Regional Manager Salary

(13 salaries)

₹8 L/yr - ₹22 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Branch Manager Salary

(91 salaries)

₹2.2 L/yr - ₹9.5 L/yr

Cluster Manager Salary

(21 salaries)

₹3.8 L/yr - ₹6.5 L/yr

Top skills at Shriram Life Insurance for Area Sales Manager

Life Insurance Area Sales Management

Salary related reviews for Shriram Life Insurance

5.0

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

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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Shifting from Bangalore to Hyderabad

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Shriram Life Insurance Area Sales Manager Salary FAQs

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

The average salary of a Area Sales Manager at Shriram Life Insurance in India typically ranges from ₹1.8 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 2 years to 16 years).

The top 10% of Area Sales Manager at Shriram Life Insurance earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Area Sales Manager Salaries at Shriram Life 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 10+ Shriram Life Insurance employees in India.

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

The estimated take-home salary of a Area Sales Manager at Shriram Life Insurance in India typically ranges from ₹31,469 to ₹32,761 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 2 years to 16 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 10+ salaries received from various employees of Shriram Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Sales Manager at Shriram Life Insurance ?

To be a Area Sales Manager at Shriram Life Insurance in india, the key skills required include:

- Life Insurance
- Area Sales Management

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

Which companies offer higher salaries than Shriram Life Insurance for Area Sales Manager in India?

SBI General Insurance	₹7.5 Lakhs to ₹22.0 Lakhs per year
ICICI Lombard General Insurance Company	₹6.0 Lakhs to ₹22.4 Lakhs per year
Tata AIA Life Insurance	₹5.2 Lakhs to ₹16.8 Lakhs per year
Aditya Birla Health Insurance Co	₹6.2 Lakhs to ₹16.0 Lakhs per year
HDFC Ergo General Insurance	₹4.9 Lakhs to ₹17.1 Lakhs per year

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

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

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

ICICI Prudential Life Insurance	₹4.7 Lakhs to ₹16.2 Lakhs per year
AIG	₹9.1 Lakhs to ₹9.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹4.0 Lakhs to ₹15.5 Lakhs per year
SBI Life Insurance Company	₹3.8 Lakhs to ₹13.5 Lakhs per year
Bajaj Allianz General Insurance	₹2.9 Lakhs to ₹12.0 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 Area Sales Manager at Shriram Life Insurance in India?

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

Experience	Average Salary Range
2 years	₹2.0 Lakhs to ₹6.6 Lakhs per year
3 years	₹1.8 Lakhs to ₹6.8 Lakhs per year
4 years	₹3.5 Lakhs to ₹6.9 Lakhs per year
5 years	₹3.5 Lakhs to ₹4.7 Lakhs per year

and so on.

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Shriram Life Insurance Area Sales Manager Salaries

Shriram Life Insurance Area Sales Manager salary in India ranges between ₹1.8 Lakh to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.