Shriram Life Insurance Associate Salaries by 4 Employees (Updated 2025)

2 - 5 years exp.

₹1.6 Lakh - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

73% less than the average Associate Salary in Insurance Companies for 2 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Associate Salary 3 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
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Human Resources Associate Salary 5 years exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr

Last Updated: 11 Feb 2025

Companies similar to Shriram Life Insurance for Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Associate Salary 0 - 6 years exp. (280 salaries)	₹1.7 L/yr - ₹4.4 L/yr 62% more
HDFC Life Associate Salary 0 - 3 years exp. (228 salaries)	₹1.1 L/yr - ₹3.3 L/yr 1% more
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SBI Life Insurance Company Associate Salary 1 - 6 years exp. (237 salaries)	₹1 L/yr - ₹4.5 L/yr 25% more
Max Life Insurance Associate Salary 0 - 5 years exp. (32 salaries)	₹2 L/yr - ₹4.3 L/yr 46% more	1 job opening
Bajaj Allianz Life Insurance Associate Salary 2 - 4 years exp. (3 salaries)	₹3.5 L/yr - ₹4.1 L/yr 76% more
Kotak Mahindara Life Insurance Associate Salary 1 - 6 years exp. (38 salaries)	₹1.3 L/yr - ₹2.7 L/yr 7% more
Reliance Nippon Life Insurance Associate Salary 2 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹7 L/yr 89% more
Aditya Birla Sun Life Insurance Associate Salary 1 - 5 years exp. (15 salaries)	₹1.7 L/yr - ₹4 L/yr 46% more
PNB MetLife Associate Salary 0 - 5 years exp. (7 salaries)	₹1.1 L/yr - ₹4.3 L/yr 30% more
Tata AIA Life Insurance Associate Salary 1 - 6 years exp. (10 salaries)	₹1.3 L/yr - ₹4.4 L/yr 52% more
HDFC Ergo General Insurance Associate Salary 1 - 8 years exp. (203 salaries)	₹1.8 L/yr - ₹5.2 L/yr 82% more
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MetLife Associate Salary 0 - 4 years exp. (91 salaries)	₹1.8 L/yr - ₹6.2 L/yr 84% more
ICICI Lombard General Insurance Company Associate Salary 0 - 6 years exp. (77 salaries)	₹0.7 L/yr - ₹3.6 L/yr 21% more
Aditya Birla Health Insurance Co Associate Salary 1 - 6 years exp. (50 salaries)	₹1.8 L/yr - ₹4 L/yr 42% more
Gallagher Associate Salary 0 - 3 years exp. (29 salaries)	₹2 L/yr - ₹4.5 L/yr 43% more
AXA Associate Salary 0 - 2 years exp. (12 salaries)	₹2.5 L/yr - ₹3.5 L/yr 61% more
Marsh Associate Salary 0 - 4 years exp. (6 salaries)	₹3 L/yr - ₹6.9 L/yr 135% more
Life Insurance Corporation of India Associate Salary 1 - 10 years exp. (6 salaries)	₹2.3 L/yr - ₹3.6 L/yr 47% more
Principal Global Services Associate Salary 8 - 11 years exp. (6 salaries)	₹6 L/yr - ₹11.8 L/yr 323% more
First American Title Associate Salary 2 - 3 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 10% more

View all

Associate salary at Shriram Life Insurance ranges between ₹1.6 Lakh to ₹2.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Associate salaries

Last Updated: 11 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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5 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr

Similar Designation salaries in Shriram Life Insurance

Senior Associate Salary

(14 salaries)

₹2.35 L/yr - ₹3.2 L/yr

Team Lead Salary

(51 salaries)

₹2.4 L/yr - ₹5.5 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Software Engineer Salary

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₹3.1 L/yr - ₹3.9 L/yr

Salesforce Developer Salary

(AmbitionBox Estimate)

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Software Developer Salary

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₹0.2 L/yr - ₹0.2 L/yr

Senior Software Engineer Salary

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₹4.7 L/yr - ₹6 L/yr

Top skills at Shriram Life Insurance for Associate

Telesales customer support

Salary related reviews for Shriram Life Insurance

2.2

Rated by 2 employees for salary & benefits

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 !

Renewal Executive in Egmore

Full Time

Renewal Department

2.0

• posted on 23 Sep 2022

4.0

for Salary and Benefits

Likes

Salary credited on month end without any failed

Salary - Good

+1 more

Dislikes

Terrible environment I’ve been worked here at last 6 months and I’m literally feeling like depressed because nobody talk about anything other than just performance that they need 100% no matter what or else the TL & Assistant manager will make you feel like that you are just the worse person on this earth rather than motivating you. main thing is cases allocated to callers by partiality. The actual shift time should be 9.30 am to 6.30.pm but the TL & Assistant manager will extend the shit to 8.pm also.. it is like a torture & people feel like depressed. In my entire life I can’t see myself suggesting anyone to join this organisation.

Job security - Bad

+2 more

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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 Associate Salary FAQs

What is the salary of Associate at Shriram Life Insurance?

Associate salary at Shriram Life Insurance in India ranges between ₹1.6 Lakhs to ₹2.5 Lakhs for experience between 2 years to 5 years. According to our estimates it is 73% less than the average Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Shriram Life Insurance India.

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

The average salary of a Associate at Shriram Life Insurance is 73% less than the average salary of a Associate in India. To know exact salary insights, login to view.

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

Telesales and customer support are some of the popular skills required to work as a Associate at Shriram Life Insurance India.

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

Principal Global Services Associate Salary - ₹6.0 Lakhs to ₹11.8 Lakhs per year
The New India Assurance Co. Associate Salary - ₹2.3 Lakhs to ₹8.5 Lakhs per year
Marsh Associate Salary - ₹3.0 Lakhs to ₹6.9 Lakhs per year
Reliance Nippon Life Insurance Associate Salary - ₹1.8 Lakhs to ₹7.0 Lakhs per year
Allianz Associate Salary - ₹2.2 Lakhs to ₹4.5 Lakhs per year

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

MetLife Associate Salary - ₹1.8 Lakhs to ₹6.2 Lakhs per year
HDFC Ergo General Insurance Associate Salary - ₹1.8 Lakhs to ₹5.2 Lakhs per year
Bajaj Allianz Life Insurance Associate Salary - ₹3.5 Lakhs to ₹4.1 Lakhs per year
ICICI Prudential Life Insurance Associate Salary - ₹1.7 Lakhs to ₹4.4 Lakhs per year
AXA Associate Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a Associate at Shriram Life Insurance ranges between ₹14,330 per month to ₹15,840 per month in India. The take-home salary calculation is based on the average Shriram Life Insurance Associate salary in India which ranges between ₹1.6 Lakhs to ₹2.5 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Associate at Shriram Life Insurance?

According to AmbitionBox, 50% of the Shriram Life Insurance Associates reported a notice period of 1 Month, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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Shriram Life Insurance Associate Salaries

Shriram Life Insurance Associate salary in India ranges between ₹1.6 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.