Shriram Life Insurance Assistant Manager Salaries by 100+ Employees (Updated 2025)

3 - 13 years exp.

₹2 Lakhs - ₹7 Lakhs

Salary of majority employees

39% less than the average Assistant Manager Salary in Insurance Companies for 3 - 13 years of experience

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Salaries in different departments

Customer Success, Service & Operations Assistant Manager Salary 3 - 13 years exp. (30 salaries)	₹2.6 L/yr - ₹6 L/yr
BFSI, Investments & Trading Assistant Manager Salary 3 - 13 years exp. (22 salaries)	₹2 L/yr - ₹8.1 L/yr
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Finance & Accounting Assistant Manager Salary 3 - 13 years exp. (18 salaries)	₹3.3 L/yr - ₹10 L/yr
Sales & Business Development Assistant Manager Salary 4 - 10 years exp. (13 salaries)	₹2.3 L/yr - ₹10.4 L/yr
Human Resources Assistant Manager Salary 3 - 9 years exp. (7 salaries)	₹2.3 L/yr - ₹7 L/yr

View all

Last Updated: 20 Mar 2025

Companies similar to Shriram Life Insurance for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
MetLife Assistant Manager Salary 4 - 15 years exp. (904 salaries)	₹8 L/yr - ₹30 L/yr 265% more	6 job openings
Kotak Mahindara Life Insurance Assistant Manager Salary 0 - 8 years exp. (746 salaries)	₹2 L/yr - ₹4.8 L/yr 29% less	1 job opening
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Axis Max Life Insurance Assistant Manager Salary 0 - 10 years exp. (638 salaries)	₹2 L/yr - ₹7.5 L/yr 18% less	16 job openings
Tata AIA Life Insurance Assistant Manager Salary 2 - 17 years exp. (577 salaries)	₹3.8 L/yr - ₹14 L/yr 71% more	30 job openings
HDFC Ergo General Insurance Assistant Manager Salary 1 - 13 years exp. (541 salaries)	₹2.6 L/yr - ₹8.7 L/yr 5% less
ICICI Prudential Life Insurance Assistant Manager Salary 1 - 12 years exp. (539 salaries)	₹3 L/yr - ₹7.1 L/yr 3% more
SBI Life Insurance Company Assistant Manager Salary 0 - 17 years exp. (397 salaries)	₹3.5 L/yr - ₹11 L/yr 42% more
Bajaj Allianz General Insurance Assistant Manager Salary 1 - 16 years exp. (412 salaries)	₹5.2 L/yr - ₹10.7 L/yr 55% more	2 job openings
Aditya Birla Sun Life Insurance Assistant Manager Salary 0 - 10 years exp. (399 salaries)	₹2 L/yr - ₹8.4 L/yr 16% less
Aditya Birla Health Insurance Co Assistant Manager Salary 0 - 9 years exp. (381 salaries)	₹2.6 L/yr - ₹9.5 L/yr 11% more

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Assistant Manager salary at Shriram Life Insurance ranges between ₹2 Lakhs to ₹7 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 112 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Assistant Manager salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
3 years (9 salaries)	₹2.3 L/yr - ₹7.2 L/yr
4 years (12 salaries)	₹2.3 L/yr - ₹9 L/yr
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5 years (9 salaries)	₹3.1 L/yr - ₹5.5 L/yr
6 years (18 salaries)	₹3 L/yr - ₹5.6 L/yr
7 years (10 salaries)	₹3.3 L/yr - ₹5.5 L/yr
8 years (20 salaries)	₹2.5 L/yr - ₹8 L/yr
9 years (11 salaries)	₹2 L/yr - ₹6.5 L/yr
10 years (10 salaries)	₹3 L/yr - ₹8.9 L/yr
11 years (4 salaries)	₹4.1 L/yr - ₹9.6 L/yr
12 years (4 salaries)	₹4.1 L/yr - ₹9.7 L/yr
13 years (5 salaries)	₹3.7 L/yr - ₹5.5 L/yr

View all

From

Assistant Manager

3 - 13 years exp.

Deputy Manager

3 - 15 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Shriram Life Insurance

Assistant Manager O&M Salary

(AmbitionBox Estimate)

₹5.3 L/yr - ₹6.8 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Assistant Branch Manager Salary

(22 salaries)

₹2.2 L/yr - ₹5.5 L/yr

Operations Manager Salary

(6 salaries)

₹2.6 L/yr - ₹10.13 L/yr

Team Manager Salary

(4 salaries)

₹2.5 L/yr - ₹14 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Branch Manager Salary

(83 salaries)

₹2.2 L/yr - ₹9.5 L/yr

Deputy Manager Salary

(44 salaries)

₹4 L/yr - ₹10 L/yr

Sales Manager Salary

(112 salaries)

₹1.65 L/yr - ₹7 L/yr

Relationship Manager Salary

(105 salaries)

₹1.82 L/yr - ₹6.25 L/yr

Top skills at Shriram Life Insurance for Assistant Manager

Life Insurance PF Payroll Processing Excel Auditing

Salary related reviews for Shriram Life Insurance

3.3

Rated by 18 employees for salary & benefits

Relationship Manager in Hyderabad / Secunderabad

Full Time

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.

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.

Skill development - Poor

+4 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

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

Accounts Receivable Executive in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

5.0

• posted on 02 May 2023

4.0

for Salary and Benefits

Likes

I like the work culture and friendly environment with each and every single people and cultural activities are good.

Salary - Good

+6 more

Dislikes

Salaries are less compared to other companies, so push HR in starting itself for ur salary and salary deductions are high these are he dislikes. I felt !

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Shriram Life Insurance Assistant Manager Salary FAQs

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

The average salary of a Assistant Manager at Shriram Life Insurance in India typically ranges from ₹2.0 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Assistant Manager at Shriram Life Insurance earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹11.4 Lakhs per year. Assistant 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 100+ Shriram Life Insurance employees in India.

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

The estimated take-home salary of a Assistant Manager at Shriram Life Insurance in India typically ranges from ₹38,941 to ₹40,122 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 3 years to 13 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 100+ 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 Manager at Shriram Life Insurance ?

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

- Life Insurance
- PF
- Payroll Processing
- Excel
- Auditing

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 Manager in India?

MetLife	₹8.0 Lakhs to ₹30.0 Lakhs per year
Principal Global Services	₹13.0 Lakhs to ₹21.0 Lakhs per year
AXA	₹10.0 Lakhs to ₹25.0 Lakhs per year
United India Insurance Company	₹7.0 Lakhs to ₹22.0 Lakhs per year
The New India Assurance Co.	₹10.0 Lakhs to ₹19.0 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 Manager in companies similar to Shriram Life Insurance in India?

The salary of a Assistant 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:

The Oriental Insurance Co.	₹6.1 Lakhs to ₹18.0 Lakhs per year
First American Title	₹10.3 Lakhs to ₹14.7 Lakhs per year
Marsh	₹5.3 Lakhs to ₹19.0 Lakhs per year
Gallagher	₹6.5 Lakhs to ₹18.6 Lakhs per year
AIG	₹5.0 Lakhs to ₹16.0 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 Manager at Shriram Life Insurance in India?

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

Experience	Average Salary Range
3 years	₹2.3 Lakhs to ₹7.2 Lakhs per year
4 years	₹2.3 Lakhs to ₹9.0 Lakhs per year
5 years	₹3.1 Lakhs to ₹5.5 Lakhs per year
6 years	₹3.0 Lakhs to ₹5.6 Lakhs per year

and so on.

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Shriram Life Insurance Assistant Manager Salaries by Location

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Shriram Life Insurance Assistant Manager Salaries

Shriram Life Insurance Assistant Manager salary in India ranges between ₹2 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 112 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.

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

Companies similar to Shriram Life Insurance for Assistant Manager

Latest annual salaries shared by Shriram Life Insurance Assistant Manager

Experience wise Shriram Life Insurance Assistant Manager salaries

Similar Designation salaries in Shriram Life Insurance

Top skills at Shriram Life Insurance for Assistant Manager

Salary related reviews for Shriram Life Insurance

Relationship Manager in Hyderabad / Secunderabad

Tele Marketing Executive in Chennai

Senior Business Manager in Mumbai

Unit Manager in Hubli

Accounts Receivable Executive in Hyderabad / Secunderabad

Shriram Life Insurance Assistant Manager Salary FAQs

Tell us how to improve this page.

Shriram Life Insurance Assistant Manager Salaries by Location