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

5 - 27 years exp.

₹2.8 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

16% less than the average BM Salary in Insurance Companies for 5 - 27 years of experience

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Salaries in different departments

Finance & Accounting BM Salary 26 - 27 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr
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Sales & Business Development BM Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹4.5 L/yr

Last Updated: 5 Jan 2025

Companies similar to Shriram Life Insurance for BM

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance BM Salary 5 - 10 years exp. (3 salaries)	₹5 L/yr - ₹6.8 L/yr 20% more
HDFC Life BM Salary 9 - 15 years exp. (6 salaries)	₹6 L/yr - ₹11.5 L/yr 93% more
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SBI Life Insurance Company BM Salary 12 - 16 years exp. (4 salaries)	₹6.3 L/yr - ₹10.8 L/yr 79% more
Bajaj Allianz Life Insurance BM Salary 3 - 15 years exp. (4 salaries)	₹5.4 L/yr - ₹8 L/yr 39% more
Reliance Nippon Life Insurance BM Salary 10 - 17 years exp. (5 salaries)	₹8 L/yr - ₹8.3 L/yr 70% more
Aditya Birla Sun Life Insurance BM Salary 11 - 19 years exp. (4 salaries)	₹8 L/yr - ₹12.8 L/yr 129% more
Care Health Insurance BM Salary 11 - 13 years exp. (4 salaries)	₹4.5 L/yr - ₹6.3 L/yr 12% more

BM salary at Shriram Life Insurance ranges between ₹2.8 Lakhs to ₹6 Lakhs per year for employees with experience between 5 years to 27 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance BM salaries

Last Updated: 5 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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15+ years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

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Salary related reviews for Shriram Life Insurance

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

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

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

Customer Service Executive in Hyderabad / Secunderabad

Other Department

5.0

• posted on 04 May 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture.and supportive our team n management. There is a huge cafeteria n gaming arcade for chillin on very weekend . Company policies are good appraisal are good n fair n they offer good package with insensitive with every year I liked to be one of the part the company thanks

Salary - Good

+5 more

Dislikes

There is a lots of politics in management and it's doesn't address our issues. Salary is good but growth is slow. There is training but not much going for new joiners

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

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2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Shriram Life Insurance BM Salary FAQs

What is the salary of BM at Shriram Life Insurance?

BM salary at Shriram Life Insurance in India ranges between ₹2.8 Lakhs to ₹6.0 Lakhs for experience between 5 years to 27 years. According to our estimates it is 16% less than the average BM 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 BM at Shriram Life Insurance India compare with the average salary range for this job?

The average salary of a BM at Shriram Life Insurance is 16% less than the average salary of a BM in India. To know exact salary insights, login to view.

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

Aditya Birla Sun Life Insurance BM Salary - ₹8.0 Lakhs to ₹12.8 Lakhs per year
HDFC Life BM Salary - ₹6.0 Lakhs to ₹11.5 Lakhs per year
SBI Life Insurance Company BM Salary - ₹6.3 Lakhs to ₹10.8 Lakhs per year
Reliance Nippon Life Insurance BM Salary - ₹8.0 Lakhs to ₹8.3 Lakhs per year
Bajaj Allianz Life Insurance BM Salary - ₹5.4 Lakhs to ₹8.0 Lakhs per year

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

ICICI Prudential Life Insurance BM Salary - ₹5.0 Lakhs to ₹6.8 Lakhs per year
Care Health Insurance BM Salary - ₹4.5 Lakhs to ₹6.3 Lakhs per year

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

The estimated take-home salary of a BM at Shriram Life Insurance ranges between ₹36,058 per month to ₹37,282 per month in India. The take-home salary calculation is based on the average Shriram Life Insurance BM salary in India which ranges between ₹2.8 Lakhs to ₹6.0 Lakhs per year for employees with experience between 5 years to 27 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Shriram Life Insurance BMs reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Shriram Life Insurance BM Salaries

Shriram Life Insurance BM salary in India ranges between ₹2.8 Lakhs to ₹6 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.