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: 8 Mar 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. (277 salaries)	₹1.7 L/yr - ₹4.3 L/yr 64% more
HDFC Life Associate Salary 0 - 3 years exp. (224 salaries)	₹1.1 L/yr - ₹3.3 L/yr At par
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SBI Life Insurance Company Associate Salary 0 - 6 years exp. (264 salaries)	₹1 L/yr - ₹4.2 L/yr 19% more
Max Life Insurance Associate Salary 0 - 5 years exp. (35 salaries)	₹2 L/yr - ₹4.3 L/yr 51% more
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 - 7 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 - 6 years exp. (16 salaries)	₹1.7 L/yr - ₹4 L/yr 42% more
PNB MetLife Associate Salary 0 - 6 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. (205 salaries)	₹1.8 L/yr - ₹5.2 L/yr 81% more
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MetLife Associate Salary 0 - 5 years exp. (89 salaries)	₹1.8 L/yr - ₹6.2 L/yr 85% more
ICICI Lombard General Insurance Company Associate Salary 0 - 7 years exp. (77 salaries)	₹0.7 L/yr - ₹3.6 L/yr 21% more
Aditya Birla Health Insurance Co Associate Salary 1 - 7 years exp. (50 salaries)	₹1.8 L/yr - ₹4 L/yr 42% more
Gallagher Associate Salary 0 - 3 years exp. (33 salaries)	₹2 L/yr - ₹5.5 L/yr 44% 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 - 7 years exp. (6 salaries)	₹1.1 L/yr - ₹3.5 L/yr 23% 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 - 4 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: 8 Mar 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

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(52 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

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Salesforce Developer Salary

(AmbitionBox Estimate)

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Software Developer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹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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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Shriram Life Insurance Associate Salary FAQs

What is the salary of Associate at Shriram Life Insurance ?

The average salary of a Associate at Shriram Life Insurance in India typically ranges from ₹1.6 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Associate at Shriram Life Insurance earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Associate 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 4 Shriram Life Insurance employees in India.

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 in India typically ranges from ₹14,330 to ₹15,840 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from 2 years to 5 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 4 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 Associate at Shriram Life Insurance ?

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

- Telesales
- customer support

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 Associate in India?

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

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

MetLife	₹1.8 Lakhs to ₹6.2 Lakhs per year
HDFC Ergo General Insurance	₹1.8 Lakhs to ₹5.2 Lakhs per year
Bajaj Allianz Life Insurance	₹3.5 Lakhs to ₹4.1 Lakhs per year
ICICI Prudential Life Insurance	₹1.7 Lakhs to ₹4.3 Lakhs per year
AXA	₹2.5 Lakhs to ₹3.5 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 Associate at Shriram Life Insurance in India?

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

Experience	Average Salary Range
2 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
3 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
5 years	₹1.4 Lakhs to ₹1.8 Lakhs per year

and so on.

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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.