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Shriram Life Insurance Business Development Executive salaries in India

Annual salary range
0 - 5 years exp.
₹1.4 Lakh - ₹4 Lakhs
Salary of majority employees
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39% less than the average Business Development Executive Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

Sales & Business Development
Business Development Executive Salary
0 - 5 years exp. (7 salaries)
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₹1.8 L/yr - ₹3 L/yr

Customer Success, Service & Operations
Business Development Executive Salary
1 - 3 years exp. (4 salaries)
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₹1.4 L/yr - ₹2.4 L/yr

BFSI, Investments & Trading
Business Development Executive Salary
1 - 2 years exp. (3 salaries)
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₹2.1 L/yr - ₹2.6 L/yr

Engineering - Software & QA
Business Development Executive Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹1.6 L/yr - ₹4 L/yr

Marketing & Communication
Business Development Executive Salary
0 - 3 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3 L/yr

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Last Updated: 20 Jan 2025

Companies similar to Shriram Life Insurance for Business Development Executive

Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹6 L/yr

arrow icon 79% more
Logo
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₹1.2 L/yr - ₹4.4 L/yr

arrow icon 18% more
1 job opening
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₹2 L/yr - ₹4.5 L/yr

arrow icon 38% more
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₹2.7 L/yr - ₹5 L/yr

arrow icon 37% more
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₹2.4 L/yr - ₹4.1 L/yr

arrow icon 50% more
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₹1.2 L/yr - ₹4.7 L/yr

arrow icon 39% more
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₹2 L/yr - ₹3.1 L/yr

arrow icon 31% more
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₹2 L/yr - ₹3.8 L/yr

arrow icon 15% more
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₹2.5 L/yr - ₹6.9 L/yr

arrow icon 119% more
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₹2 L/yr - ₹3.6 L/yr

arrow icon 28% more
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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 26% more
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₹1.8 L/yr - ₹4.8 L/yr

arrow icon 32% more
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₹2.9 L/yr - ₹12.5 L/yr

arrow icon 228% more
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₹1.2 L/yr - ₹5 L/yr

arrow icon 33% more
Logo
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₹2 L/yr - ₹6.2 L/yr

arrow icon 71% more
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₹2 L/yr - ₹6 L/yr

arrow icon 36% more
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₹1.2 L/yr - ₹13.8 L/yr

arrow icon 152% more
Business Development Executive salary at Shriram Life Insurance ranges between ₹1.4 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 31 latest salaries received from various employees of Shriram Life Insurance.

Latest annual salaries shared by Shriram Life Insurance Business Development Executive

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Experience wise Shriram Life Insurance Business Development Executive salaries

Last Updated: 20 Jan 2025

Experience Avg Annual Salary
Fresher  (6 salaries)

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₹1.8 L/yr - ₹4 L/yr
1 year  (6 salaries)

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₹1.4 L/yr - ₹3 L/yr
2 years  (11 salaries)

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₹1.4 L/yr - ₹2.8 L/yr
3 years  (6 salaries)

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₹1.8 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹4.3 L/yr
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Similar Designation salaries in Shriram Life Insurance

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₹2 L/yr - ₹2.4 L/yr
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₹1.8 L/yr - ₹2.3 L/yr
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₹2 L/yr - ₹5 L/yr
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₹1.65 L/yr - ₹3 L/yr
Inside Sales Executive Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
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₹4.5 L/yr - ₹5.8 L/yr
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₹2.1 L/yr - ₹3.5 L/yr
Sales Executive Salary
(58 salaries)
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₹1.08 L/yr - ₹4 L/yr
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₹1.75 L/yr - ₹2.1 L/yr
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₹4 L/yr - ₹11.3 L/yr

Salary related reviews for Shriram Life Insurance

3.3

Rated by 16 employees for salary & benefits

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.

read more
  • Salary - Bad
    +6 more

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

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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.

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  • Salary - Bad
    +5 more

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.

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  • Salary - Bad
    +6 more

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 !

read more
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Shriram Life Insurance Business Development Executive Salary FAQs

What is the salary of Business Development Executive at Shriram Life Insurance?
Business Development Executive salary at Shriram Life Insurance in India ranges between ₹1.4 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 39% less than the average Business Development Executive Salary in India. Salary estimates are based on 31 latest salaries received from various employees of Shriram Life Insurance India.
How does the salary of a Business Development Executive at Shriram Life Insurance India compare with the average salary range for this job?
The average salary of a Business Development Executive at Shriram Life Insurance is 39% less than the average salary of a Business Development Executive in India. To know exact salary insights, login to view.
Which similar companies are paying more than Shriram Life Insurance to a Business Development Executive in India?
  • The New India Assurance Co. Business Development Executive Salary - ₹2.9 Lakhs to ₹12.5 Lakhs per year
  • The Oriental Insurance Co. Business Development Executive Salary - ₹1.2 Lakhs to ₹13.8 Lakhs per year
  • ICICI Lombard General Insurance Company Business Development Executive Salary - ₹2.5 Lakhs to ₹6.9 Lakhs per year
  • ICICI Prudential Life Insurance Business Development Executive Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
  • MetLife Business Development Executive Salary - ₹2.0 Lakhs to ₹6.2 Lakhs per year
What is the salary of a Business Development Executive in companies similar to Shriram Life Insurance in India?
  • Bajaj Allianz Life Insurance Business Development Executive Salary - ₹2.4 Lakhs to ₹4.1 Lakhs per year
  • Kotak Mahindara Life Insurance Business Development Executive Salary - ₹1.2 Lakhs to ₹4.7 Lakhs per year
  • SBI Life Insurance Company Business Development Executive Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
  • Max Life Insurance Business Development Executive Salary - ₹2.7 Lakhs to ₹5.0 Lakhs per year
  • Life Insurance Corporation of India Business Development Executive Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Business Development Executive at Shriram Life Insurance in India?
The estimated take-home salary of a Business Development Executive at Shriram Life Insurance ranges between ₹16,538 per month to ₹18,238 per month in India. The take-home salary calculation is based on the average Shriram Life Insurance Business Development Executive salary in India which ranges between ₹1.4 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?
What is the notice period for Business Development Executive at Shriram Life Insurance?
According to AmbitionBox, 57% of the Shriram Life Insurance Business Development Executives reported a notice period of 15 days or less, 26% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 35 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Shriram Life Insurance Business Development Executive salary in India ranges between ₹1.4 Lakh to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.