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Shriram Life Insurance Business Development Executive salaries in Hyderabad / Secunderabad

Annual salary range
0 - 3 years exp.
₹1.6 Lakh - ₹3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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41% less than the average Business Development Executive Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Business Development Executive Salary
2 - 3 years exp. (3 salaries)
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₹2 L/yr - ₹2.4 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

Sales & Business Development
Business Development Executive Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.6 L/yr

Engineering - Software & QA
Business Development Executive Salary
1 year exp. (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.8 L/yr

Last Updated: 15 Dec 2024

Companies similar to Shriram Life Insurance for Business Development Executive in Hyderabad / Secunderabad

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Shriram Life Insurance Business Development Executive Salary

0 - 3 years exp. (11 salaries)

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₹1.6 L/yr - ₹3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 42% more
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₹3.8 L/yr - ₹6.9 L/yr

arrow icon 135% more
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₹1.8 L/yr - ₹3.4 L/yr

arrow icon 20% more
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₹3.2 L/yr - ₹3.5 L/yr

arrow icon 35% more
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BYJU'S Business Development Executive Salary

0 - 7 years exp. (242 salaries)

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₹1 L/yr - ₹9.4 L/yr

arrow icon 91% more
Business Development Executive salary at Shriram Life Insurance ranges between ₹1.6 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 11 latest salaries received from various employees of Shriram Life Insurance.

Latest annual salaries shared by Shriram Life Insurance Business Development Executive in Hyderabad / Secunderabad

3mo ago
₹2.4 Lakhs
3 years exp.
4mo ago
₹2.4 Lakhs
2 years exp.
1y ago
₹2 Lakhs
1 year exp.
1y ago
₹3 Lakhs
7 months exp.
1y ago
₹2 Lakhs
2 years exp.

Experience wise Shriram Life Insurance Business Development Executive salaries in Hyderabad / Secunderabad

Last Updated: 15 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr
1 year  (3 salaries)

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₹1.6 L/yr - ₹4.2 L/yr
2 years  (5 salaries)

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₹1.8 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr

Similar Designation salaries in Shriram Life Insurance

Sales Executive Salary
(21 salaries)
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₹1.5 L/yr - ₹3 L/yr
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₹2.25 L/yr - ₹3.5 L/yr
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₹4 L/yr - ₹12 L/yr
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₹1.9 L/yr - ₹2 L/yr

Salary related reviews for Shriram Life Insurance

4.0

Rated by 2 employees for salary & benefits

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.

read more

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.

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  • Skill development - Poor
  • +4 more

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.

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  • 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
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Shriram Life Insurance Business Development Executive Salary FAQs

What is the salary of Business Development Executive at Shriram Life Insurance in Hyderabad / Secunderabad?
The average salary of a Business Development Executive at Shriram Life Insurance in Hyderabad / Secunderabad typically ranges from ₹1.6 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Business Development Executive in Hyderabad / Secunderabad at Shriram Life Insurance earn more than ₹2.6 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Business Development Executive 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 10+ Shriram Life Insurance employees in India.
What is the estimated take home salary of a Business Development Executive at Shriram Life Insurance in Hyderabad / Secunderabad?
The estimated take-home salary of a Business Development Executive at Shriram Life Insurance in Hyderabad / Secunderabad typically ranges from ₹16,440 to ₹18,132 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 10+ salaries received from various employees of Shriram Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Shriram Life Insurance for Business Development Executive in India?
ICICI Lombard General Insurance Company ₹3.8 Lakhs to ₹6.9 Lakhs per year
BYJU'S ₹1.0 Lakhs to ₹9.4 Lakhs per year
SBI Life Insurance Company ₹2.4 Lakhs to ₹4.5 Lakhs per year
SBI General Insurance ₹3.2 Lakhs to ₹3.5 Lakhs per year
Star Health & Allied Insurance ₹1.8 Lakhs to ₹3.4 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.
How the salary growth look like for a Business Development Executive at Shriram Life Insurance in Hyderabad / Secunderabad?
The salary growth for a Business Development Executive at Shriram Life Insurance in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Business Development Executive in Hyderabad / Secunderabad can expect the following growth trajectory at Shriram Life Insurance:

Experience Average Salary Range
Fresher ₹2.1 Lakhs to ₹2.7 Lakhs per year
1 year ₹1.6 Lakhs to ₹4.2 Lakhs per year
2 years ₹1.8 Lakhs to ₹2.4 Lakhs per year
3 years ₹2.1 Lakhs to ₹2.7 Lakhs per year
and so on.

Tell us how to improve this page.

Shriram Life Insurance Business Development Executive salary in Hyderabad / Secunderabad ranges between ₹1.6 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.