Shriram Life Insurance Cluster Head Salaries by 4 Employees (Updated 2025)

11 - 22 years exp.

₹4.8 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Cluster Head Salary in Insurance Companies for 11 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Head Salary 11 - 15 years exp. (3 salaries)	₹4.8 L/yr - ₹9.5 L/yr
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Sales & Business Development Cluster Head Salary 22 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 16 Jun 2024

Companies similar to Shriram Life Insurance for Cluster Head

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Cluster Head Salary 4 - 19 years exp. (13 salaries)	₹7 L/yr - ₹15 L/yr 35% more
HDFC Life Cluster Head Salary 8 - 16 years exp. (21 salaries)	₹7.5 L/yr - ₹14 L/yr 20% more
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Max Life Insurance Cluster Head Salary 6 - 20 years exp. (28 salaries)	₹7 L/yr - ₹18 L/yr 34% more
Bajaj Allianz Life Insurance Cluster Head Salary 7 - 17 years exp. (37 salaries)	₹7 L/yr - ₹15.9 L/yr 25% more
Kotak Mahindara Life Insurance Cluster Head Salary 8 - 21 years exp. (9 salaries)	₹5.2 L/yr - ₹18.1 L/yr 41% more
Reliance Nippon Life Insurance Cluster Head Salary 9 - 19 years exp. (7 salaries)	₹4 L/yr - ₹10 L/yr 12% less
Aditya Birla Sun Life Insurance Cluster Head Salary 6 - 9 years exp. (12 salaries)	₹7 L/yr - ₹15 L/yr 8% more
PNB MetLife Cluster Head Salary 12 - 18 years exp. (10 salaries)	₹15 L/yr - ₹18 L/yr 99% more
Tata AIA Life Insurance Cluster Head Salary 8 - 15 years exp. (10 salaries)	₹6.5 L/yr - ₹13.9 L/yr 39% more	4 job openings
HDFC Ergo General Insurance Cluster Head Salary 8 - 18 years exp. (43 salaries)	₹7 L/yr - ₹14 L/yr 16% more
ICICI Lombard General Insurance Company Cluster Head Salary 3 - 18 years exp. (19 salaries)	₹7.8 L/yr - ₹17.5 L/yr 31% more
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Care Health Insurance Cluster Head Salary 5 - 12 years exp. (16 salaries)	₹3.7 L/yr - ₹7.5 L/yr 38% less
Aditya Birla Health Insurance Co Cluster Head Salary 5 - 10 years exp. (9 salaries)	₹6 L/yr - ₹12 L/yr 7% more
SBI General Insurance Cluster Head Salary 14 - 19 years exp. (7 salaries)	₹8.7 L/yr - ₹20 L/yr 64% more

Cluster Head salary at Shriram Life Insurance ranges between ₹4.8 Lakhs to ₹12 Lakhs per year for employees with experience between 11 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Cluster Head salaries

Last Updated: 16 Jun 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
13 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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15+ years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr

Similar Designation salaries in Shriram Life Insurance

Cluster Manager Salary

(21 salaries)

₹3.8 L/yr - ₹6.5 L/yr

Team Lead Salary

(52 salaries)

₹2.4 L/yr - ₹5.5 L/yr

Sales Officer Salary

(38 salaries)

₹1.32 L/yr - ₹3.4 L/yr

Sales Manager Salary

(112 salaries)

₹1.65 L/yr - ₹7 L/yr

Sales Executive Salary

(74 salaries)

₹1.08 L/yr - ₹4 L/yr

Area Manager Salary

(43 salaries)

₹3.7 L/yr - ₹11 L/yr

Deputy Manager Salary

(44 salaries)

₹4 L/yr - ₹10 L/yr

Business Manager Salary

(57 salaries)

₹2.15 L/yr - ₹5 L/yr

Branch Manager Salary

(69 salaries)

₹2.2 L/yr - ₹9.5 L/yr

Territory Manager Salary

(9 salaries)

₹3 L/yr - ₹7.2 L/yr

Top skills at Shriram Life Insurance for Cluster Head

Life Insurance Team Management Agency Sales Customer Service agency development Branch Supervision

Salary related reviews for Shriram Life Insurance

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.

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.

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.

Cluster Manager in Mirzapur

Sales Department

3.0

• posted on 18 Oct 2020

2.0

for Salary and Benefits

Likes

...tly. No appraisal this year. Compensation should be more as per work and labour. Very less salary.

Dislikes

Salary must be at par as per the designation compare to other companies

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

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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Shriram Life Insurance Cluster Head Salary FAQs

What is the salary of Cluster Head at Shriram Life Insurance?

Cluster Head salary at Shriram Life Insurance in India ranges between ₹4.8 Lakhs to ₹12.0 Lakhs for experience between 11 years to 22 years. According to our estimates it is 40% less than the average Cluster Head 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 Cluster Head at Shriram Life Insurance India compare with the average salary range for this job?

The average salary of a Cluster Head at Shriram Life Insurance is 40% less than the average salary of a Cluster Head in India. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Head at Shriram Life Insurance?

Life Insurance, Team Management, Agency Sales, Customer Service and agency development are some of the popular skills required to work as a Cluster Head at Shriram Life Insurance India.

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

PNB MetLife Cluster Head Salary - ₹15.0 Lakhs to ₹18.0 Lakhs per year
SBI General Insurance Cluster Head Salary - ₹8.7 Lakhs to ₹20.0 Lakhs per year
Kotak Mahindara Life Insurance Cluster Head Salary - ₹5.2 Lakhs to ₹18.1 Lakhs per year
Tata AIA Life Insurance Cluster Head Salary - ₹6.5 Lakhs to ₹13.9 Lakhs per year
ICICI Prudential Life Insurance Cluster Head Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year

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

Max Life Insurance Cluster Head Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
ICICI Lombard General Insurance Company Cluster Head Salary - ₹7.8 Lakhs to ₹17.5 Lakhs per year
Bajaj Allianz Life Insurance Cluster Head Salary - ₹7.0 Lakhs to ₹15.9 Lakhs per year
HDFC Life Cluster Head Salary - ₹7.5 Lakhs to ₹14.0 Lakhs per year
HDFC Ergo General Insurance Cluster Head Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year

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

The estimated take-home salary of a Cluster Head at Shriram Life Insurance ranges between ₹62,720 per month to ₹64,314 per month in India. The take-home salary calculation is based on the average Shriram Life Insurance Cluster Head salary in India which ranges between ₹4.8 Lakhs to ₹12.0 Lakhs per year for employees with experience between 11 years to 22 years. Check how did we calculate take home salary?

What is the notice period for Cluster Head at Shriram Life Insurance?

According to AmbitionBox, 100% of the Shriram Life Insurance Cluster Heads reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Shriram Life Insurance Cluster Head Salaries

Shriram Life Insurance Cluster Head salary in India ranges between ₹4.8 Lakhs to ₹12 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.