Shriram Life Insurance Business Manager Salaries by 50+ Employees (Updated 2025)

0 - 7 years exp.

₹2.2 Lakhs - ₹5 Lakhs

Salary of majority employees

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66% less than the average Business Manager Salary in Insurance Companies for 0 - 7 years of experience

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Salaries in different departments

Sales & Business Development Business Manager Salary 0 - 7 years exp. (20 salaries)	Unlock ₹2.2 L/yr - ₹4.5 L/yr
Customer Success, Service & Operations Business Manager Salary 0 - 7 years exp. (9 salaries)	Unlock ₹3 L/yr - ₹4.5 L/yr
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BFSI, Investments & Trading Business Manager Salary 4 - 7 years exp. (6 salaries)	Unlock ₹3 L/yr - ₹4 L/yr
Finance & Accounting Business Manager Salary 0 - 5 years exp. (5 salaries)	Unlock ₹3.5 L/yr - ₹4.8 L/yr
Marketing & Communication Business Manager Salary 3 - 5 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹4.5 L/yr

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Last Updated: 28 Feb 2025

Companies similar to Shriram Life Insurance for Business Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Business Manager Salary 0 - 6 years exp. (8 salaries)	Unlock ₹3.1 L/yr - ₹4 L/yr 2% less
HDFC Life Business Manager Salary 3 - 13 years exp. (10 salaries)	Unlock ₹2.4 L/yr - ₹8.1 L/yr 17% more
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SBI Life Insurance Company Business Manager Salary 5 - 16 years exp. (29 salaries)	Unlock ₹4.4 L/yr - ₹8.5 L/yr 73% more
Axis Max Life Insurance Business Manager Salary 4 - 10 years exp. (4 salaries)	Unlock ₹3.1 L/yr - ₹6.4 L/yr 14% more
Bajaj Allianz Life Insurance Business Manager Salary 7 - 13 years exp. (6 salaries)	Unlock ₹4.5 L/yr - ₹6 L/yr 18% more
Kotak Mahindara Life Insurance Business Manager Salary 0 - 10 years exp. (4 salaries)	Unlock ₹3.4 L/yr - ₹6.2 L/yr 29% more
Aditya Birla Sun Life Insurance Business Manager Salary 11 - 18 years exp. (5 salaries)	Unlock ₹7.9 L/yr - ₹8.3 L/yr 106% more
PNB MetLife Business Manager Salary 3 - 14 years exp. (7 salaries)	Unlock ₹3.5 L/yr - ₹7.5 L/yr 49% more
Tata AIA Life Insurance Business Manager Salary 4 - 17 years exp. (18 salaries)	Unlock ₹6.5 L/yr - ₹10.6 L/yr 126% more
ICICI Lombard General Insurance Company Business Manager Salary 3 - 14 years exp. (10 salaries)	Unlock ₹2.3 L/yr - ₹10 L/yr 33% more
Bajaj Allianz General Insurance Business Manager Salary 4 - 11 years exp. (9 salaries)	Unlock ₹3.9 L/yr - ₹6.3 L/yr 21% more
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SBI General Insurance Business Manager Salary 6 - 14 years exp. (5 salaries)	Unlock ₹4 L/yr - ₹15.1 L/yr 128% more
Life Insurance Corporation of India Business Manager Salary 0 - 5 years exp. (5 salaries)	Unlock ₹1 L/yr - ₹5.8 L/yr 33% less
HDFC Ergo General Insurance Business Manager Salary 1 - 5 years exp. (3 salaries)	Unlock ₹3.9 L/yr - ₹15 L/yr 151% more

Business Manager salary at Shriram Life Insurance ranges between ₹2.2 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 59 latest salaries received from various employees of Shriram Life Insurance.

Latest annual salaries shared by Shriram Life Insurance Business Manager

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5 years exp.

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4 years exp.

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4 years exp.

1mo ago

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5 years exp.

1mo ago

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7 years exp.

1mo ago

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3 years exp.

2mo ago

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6 years exp.

2mo ago

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6 years exp.

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5 months exp.

3mo ago

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4 years exp.

Experience wise Shriram Life Insurance Business Manager salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
Fresher (6 salaries)	Unlock ₹3 L/yr - ₹4.8 L/yr
1 year (7 salaries)	Unlock ₹3 L/yr - ₹4.8 L/yr
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2 years (3 salaries)	Unlock ₹2.2 L/yr - ₹4.5 L/yr
3 years (8 salaries)	Unlock ₹3 L/yr - ₹4.5 L/yr
4 years (12 salaries)	Unlock ₹3.1 L/yr - ₹4.5 L/yr
5 years (18 salaries)	Unlock ₹3 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹3.9 L/yr - ₹7.3 L/yr
7 years (3 salaries)	Unlock ₹3.3 L/yr - ₹4.5 L/yr

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Similar Designation salaries in Shriram Life Insurance

Area Business Manager Salary

(7 salaries)

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₹2.4 L/yr - ₹7.2 L/yr

Branch Manager Salary

(88 salaries)

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₹2.2 L/yr - ₹9.5 L/yr

Sales Manager Salary

(113 salaries)

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₹1.65 L/yr - ₹7 L/yr

Regional Manager Salary

(13 salaries)

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₹8 L/yr - ₹22 L/yr

Store Manager Salary

(AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr

Area Manager Salary

(35 salaries)

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₹3.7 L/yr - ₹11 L/yr

Deputy Manager Salary

(44 salaries)

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₹4 L/yr - ₹10 L/yr

Territory Manager Salary

(9 salaries)

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₹3 L/yr - ₹7.2 L/yr

Area Sales Manager Salary

(17 salaries)

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₹1.8 L/yr - ₹6 L/yr

Marketing Manager Salary

(3 salaries)

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₹2.75 L/yr - ₹4 L/yr

Top skills at Shriram Life Insurance for Business Manager

Life Insurance agency NBFC Sales Sales Planning Bfsi Sales Salesforce Sales Operations Life LI Region Agency Channel Business Management

Salary related reviews for Shriram Life Insurance

3.6

Rated by 23 employees for salary & benefits

Relationship Manager in Hyderabad / Secunderabad

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.

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.

Skill development - Poor

+4 more

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

Territory Manager in New Delhi

BFSI, Investments & Trading Department

4.0

• posted on 31 Jul 2020

3.0

for Salary and Benefits

Likes

Work culture here is pretty flexible which allows people to work at their own pace and conviniece. Company is not very aggresive in nature and has indeed helped all their junior and mid level employees by providing full compensation during lockdown. When it comes to management, they are bit shaken after covid...making drastic changes which is not welcomed by many.

Job security - Good

+2 more

Dislikes

Weak management. Worst paymaster in the industry and despite this they foucs immenly on cost cutting. Poor office infrastructure (branhces) expect the head office.

Promotions - Poor

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

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Shriram Life Insurance Business Manager Salary FAQs

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

Business Manager salary at Shriram Life Insurance in India ranges between ₹2.2 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 66% less than the average Business Manager Salary in India. Salary estimates are based on 59 latest salaries received from various employees of Shriram Life Insurance India.

How does the salary of a Business Manager at Shriram Life Insurance India compare with the average salary range for this job?

The average salary of a Business Manager at Shriram Life Insurance is 66% less than the average salary of a Business Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Manager at Shriram Life Insurance?

Life Insurance, agency, NBFC, Sales and Sales Planning are some of the popular skills required to work as a Business Manager at Shriram Life Insurance India.

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

HDFC Ergo General Insurance Business Manager Salary - ₹3.9 Lakhs to ₹15.0 Lakhs per year
SBI General Insurance Business Manager Salary - ₹4.0 Lakhs to ₹15.1 Lakhs per year
Tata AIA Life Insurance Business Manager Salary - ₹6.5 Lakhs to ₹10.6 Lakhs per year
Aditya Birla Sun Life Insurance Business Manager Salary - ₹7.9 Lakhs to ₹8.3 Lakhs per year
SBI Life Insurance Company Business Manager Salary - ₹4.4 Lakhs to ₹8.5 Lakhs per year

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

PNB MetLife Business Manager Salary - ₹3.5 Lakhs to ₹7.5 Lakhs per year
ICICI Lombard General Insurance Company Business Manager Salary - ₹2.3 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindara Life Insurance Business Manager Salary - ₹3.4 Lakhs to ₹6.2 Lakhs per year
Bajaj Allianz General Insurance Business Manager Salary - ₹3.9 Lakhs to ₹6.3 Lakhs per year
Bajaj Allianz Life Insurance Business Manager Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a Business Manager at Shriram Life Insurance ranges between ₹28,233 per month to ₹29,623 per month in India. The take-home salary calculation is based on the average Shriram Life Insurance Business Manager salary in India which ranges between ₹2.2 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for Business Manager at Shriram Life Insurance?

According to AmbitionBox, 63% of the Shriram Life Insurance Business Managers reported a notice period of 15 days or less, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 96 responses on AmbitionBox in last 2 years.

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Shriram Life Insurance Business Manager Salaries by Location

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Shriram Life Insurance Business Manager Salaries

Shriram Life Insurance Business Manager salary in India ranges between ₹2.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 59 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.

Shriram Life Insurance Business Manager salaries in India (Updated 2025)

Companies similar to Shriram Life Insurance for Business Manager

Latest annual salaries shared by Shriram Life Insurance Business Manager

Experience wise Shriram Life Insurance Business Manager salaries

Similar Designation salaries in Shriram Life Insurance

Top skills at Shriram Life Insurance for Business Manager

Salary related reviews for Shriram Life Insurance

Relationship Manager in Hyderabad / Secunderabad

Sales Executive in Hyderabad / Secunderabad

Territory Manager in New Delhi

Tele Marketing Executive in Chennai

Senior Business Manager in Mumbai

Shriram Life Insurance Business Manager Salary FAQs

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