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

Annual salary range
4 - 17 years exp.
₹3.6 Lakhs - ₹7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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45% less than the average Assistant Area Manager Salary in Insurance Companies for 4 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Area Manager Salary
4 - 17 years exp. (33 salaries)
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₹3.6 L/yr - ₹6.5 L/yr

Sales & Business Development
Assistant Area Manager Salary
4 - 17 years exp. (13 salaries)
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₹3.6 L/yr - ₹7 L/yr

Marketing & Communication
Assistant Area Manager Salary
11 - 12 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹5.8 L/yr

Last Updated: 10 Mar 2025

Companies similar to Shriram Life Insurance for Assistant Area Manager

Company name Avg Annual Salary Open Jobs
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₹5 L/yr - ₹9.3 L/yr

arrow icon 53% more
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₹1 L/yr - ₹5 L/yr

arrow icon 26% less
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₹3.5 L/yr - ₹6.3 L/yr

arrow icon 2% more
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₹3.5 L/yr - ₹6 L/yr

arrow icon 17% less
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₹9 L/yr - ₹15.2 L/yr

arrow icon 166% more
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₹3 L/yr - ₹6 L/yr

At par
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₹1.8 L/yr - ₹7.5 L/yr

arrow icon 8% more
Assistant Area Manager salary at Shriram Life Insurance ranges between ₹3.6 Lakhs to ₹7 Lakhs per year for employees with experience between 4 years to 17 years. Salary estimates are based on 61 latest salaries received from various employees of Shriram Life Insurance.

Latest annual salaries shared by Shriram Life Insurance Assistant Area Manager

3w ago
₹5.5 Lakhs
8 years exp.
1mo ago
₹5.5 Lakhs
11 years exp.
1mo ago
₹4 Lakhs
5 years exp.
2mo ago
₹4.8 Lakhs
15 years exp.
3mo ago
₹5 Lakhs
17 years exp.
8mo ago
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9 years exp.
9mo ago
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4 years exp.
9mo ago
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5 years exp.
9mo ago
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12 years exp.
1y ago
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11 years exp.

Experience wise Shriram Life Insurance Assistant Area Manager salaries

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
4 years  (4 salaries)

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₹3.8 L/yr - ₹5 L/yr
5 years  (4 salaries)

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₹3.7 L/yr - ₹4.7 L/yr
6 years  (3 salaries)

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₹4.5 L/yr - ₹8.4 L/yr
7 years  (6 salaries)

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₹4.2 L/yr - ₹5.8 L/yr
8 years  (7 salaries)

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₹4 L/yr - ₹5.5 L/yr
View all

Similar Designation salaries in Shriram Life Insurance

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₹2.4 L/yr - ₹3 L/yr
Area Manager Salary
(44 salaries)
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₹3.7 L/yr - ₹11 L/yr
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₹1.8 L/yr - ₹6 L/yr
Cluster Manager Salary
(23 salaries)
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₹3.8 L/yr - ₹8.5 L/yr
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₹3 L/yr - ₹5 L/yr
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₹8 L/yr - ₹22 L/yr
Territory Sales Manager Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
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₹2.5 L/yr - ₹8 L/yr
Branch Manager Salary
(83 salaries)
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₹2.2 L/yr - ₹9.5 L/yr
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₹3 L/yr - ₹7.2 L/yr

Top skills at Shriram Life Insurance for Assistant Area Manager

Team Handling Life Insurance Team Management upselling Retail Sales Relationship Management Cross Selling Inside Sales Branch Handling Cross Sales Outbound Calling Team Leading Agency Sales

Salary related reviews for Shriram Life Insurance

3.7

Rated by 40 employees for salary & benefits

SALES Department

3.0
  •  posted on 26 Jun 2018

3.0
 for  Salary and Benefits

Likes

No, Am I not agree to do jobs in Shriramlife insurance company as Assistant Area Manager & other Payroll. Company Model is not bad but its culture is very poor.

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Dislikes

According to work its salary is very poor,also Middle Management , IT & HR not good because after EXIT Form not issued Full & Final & reliving letter. After resignation not a single call made by HR for know reason of resignation. so, its reason I dislike about work..

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  • Job security - Poor
  • +2 more

Full Time

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Strategic & Top Management Department

1.0
  •  posted on 22 Feb 2025

3.0
 for  Salary and Benefits

Likes

The only thing I like about Shriram Life insurance is the good incentive and the salary package. That’s it.

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Dislikes

The job satisfaction is very poor. I don’t even like to walk there and the top management is very rude and very arrogant. They don’t even understand the situation of an employees few days ago. My father was very serious in the hospital. I have informed the authority that I am taking leave. It was total of five days of leave. Even after I informed, even after I told him that it was an emergency. My father‘s condition is not good. Still there spoke to me very rudely and very arrogantly. Fine, they told me to resign. I mean family emergencies should be considered as Reasonable right thinking to join Shriram Life insurance. I would suggest them to not join if you are totally focused and experienced in life insurance industry. If you have business, if you have clients then okay, you can go for it, but still, you will face such situations.

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  • Skill development - Poor
  • +4 more

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.

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  • Salary - Bad
  • +6 more

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.

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  • Job security - Good
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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.

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  • Promotions - Poor

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.

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Dislikes

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

  • Salary - Poor
  • +3 more
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Shriram Life Insurance Assistant Area Manager Salary FAQs

What is the salary of Assistant Area Manager at Shriram Life Insurance ?
The average salary of a Assistant Area Manager at Shriram Life Insurance in India typically ranges from ₹3.6 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 4 years to 17 years).

The top 10% of Assistant Area Manager at Shriram Life Insurance earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹6.9 Lakhs per year. Assistant Area 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 60+ Shriram Life Insurance employees in India.
What is the estimated take home salary of a Assistant Area Manager at Shriram Life Insurance in India?
The estimated take-home salary of a Assistant Area Manager at Shriram Life Insurance in India typically ranges from ₹35,450 to ₹36,683 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 4 years to 17 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 60+ 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 Assistant Area Manager at Shriram Life Insurance ?
To be a Assistant Area Manager at Shriram Life Insurance in india, the key skills required include:

  • - Team Handling
  • - Life Insurance
  • - Team Management
  • - upselling
  • - Retail Sales

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 Assistant Area Manager in India?
Star Health & Allied Insurance ₹9.0 Lakhs to ₹15.2 Lakhs per year
SBI Life Insurance Company ₹5.0 Lakhs to ₹9.3 Lakhs per year
Bajaj Allianz General Insurance ₹1.8 Lakhs to ₹7.5 Lakhs per year
Aditya Birla Sun Life Insurance ₹3.5 Lakhs to ₹6.3 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 Assistant Area Manager in companies similar to Shriram Life Insurance in India?
The salary of a Assistant Area 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 ₹3.0 Lakhs to ₹6.0 Lakhs per year
HDFC Ergo General Insurance ₹3.5 Lakhs to ₹6.0 Lakhs per year
Axis Max Life Insurance ₹1.0 Lakhs to ₹5.0 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 Assistant Area Manager at Shriram Life Insurance in India?
The salary growth for a Assistant Area Manager at Shriram Life Insurance depends on factors such as experience, performance, and promotions. On average, a Assistant Area Manager can expect the following growth trajectory at Shriram Life Insurance:

Experience Average Salary Range
4 years ₹3.8 Lakhs to ₹5.0 Lakhs per year
5 years ₹3.7 Lakhs to ₹4.7 Lakhs per year
6 years ₹4.5 Lakhs to ₹8.4 Lakhs per year
7 years ₹4.2 Lakhs to ₹5.8 Lakhs per year
and so on.

Tell us how to improve this page.

Shriram Life Insurance Assistant Area Manager salary in India ranges between ₹3.6 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 61 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.