Shriram Life Insurance Business Executive Salaries by 5 Employees

0 - 3 years exp.

₹1.7 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

Fixed (90%)

₹1.9 Lakh

Variable (10%)

₹0.3 Lakh

42% less than the average Business Executive Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Executive Salary 3 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Sales & Business Development Business Executive Salary 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 17 Jan 2024

Companies similar to Shriram Life Insurance for Business Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Business Executive Salary 0 - 5 years exp. (7 salaries)	₹3.6 L/yr - ₹5 L/yr 95% more
SBI Life Insurance Company Business Executive Salary 0 - 7 years exp. (5 salaries)	₹3 L/yr - ₹5 L/yr 70% more
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HDFC Life Business Executive Salary 0 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹2.6 L/yr 8% more
Aditya Birla Sun Life Insurance Business Executive Salary 0 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹3 L/yr 26% more
Reliance Nippon Life Insurance Business Executive Salary 2 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 7% less
SBI General Insurance Business Executive Salary 0 - 2 years exp. (3 salaries)	₹3 L/yr - ₹3.3 L/yr 47% more
HDFC Ergo General Insurance Business Executive Salary 4 - 6 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 63% more

Business Executive salary at Shriram Life Insurance ranges between ₹1.7 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Business Executive salaries

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.7 L/yr - ₹3.3 L/yr
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
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2 years (3 salaries)	₹2 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.4 L/yr

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₹1.6 L/yr - ₹1.93 L/yr

Senior Accounts Executive Salary

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Process Associate Salary

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Team Lead Salary

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₹2.4 L/yr - ₹5.5 L/yr

Branch Manager Salary

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Senior Associate Salary

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Sales Manager Salary

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Salary related reviews for Shriram Life Insurance

3.0

Rated by 1 employees for salary & benefits

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

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 !

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Shriram Life Insurance Business Executive Salary FAQs

What is the salary of Business Executive at Shriram Life Insurance ?

The average salary of a Business Executive at Shriram Life Insurance in India typically ranges from ₹1.7 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Business Executive at Shriram Life Insurance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Business 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 5 Shriram Life Insurance employees in India.

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

The estimated take-home salary of a Business Executive at Shriram Life Insurance in India typically ranges from ₹14,881 to ₹16,438 per month. This is based on the average salary range of ₹1.7 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 5 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 Executive in India?

ICICI Prudential Life Insurance	₹3.6 Lakhs to ₹5.0 Lakhs per year
SBI Life Insurance Company	₹3.0 Lakhs to ₹5.0 Lakhs per year
HDFC Ergo General Insurance	₹3.2 Lakhs to ₹4.0 Lakhs per year
SBI General Insurance	₹3.0 Lakhs to ₹3.3 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.5 Lakhs to ₹3.0 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 Business Executive in companies similar to Shriram Life Insurance in India?

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

HDFC Life	₹2.2 Lakhs to ₹2.6 Lakhs per year
Reliance Nippon Life Insurance	₹1.8 Lakhs to ₹2.3 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 Business Executive at Shriram Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹1.7 Lakhs to ₹3.3 Lakhs per year
1 year	₹1.8 Lakhs to ₹2.4 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.0 Lakhs to ₹4.4 Lakhs per year

and so on.

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Shriram Life Insurance Business Executive Salaries

Shriram Life Insurance Business Executive salary in India ranges between ₹1.7 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.