Shriram Life Insurance Cluster Manager Salaries by 20+ Employees (Updated 2025)

8 - 18 years exp.

₹3.8 Lakhs - ₹6.5 Lakhs

Salary of majority employees

46% less than the average Cluster Manager Salary in Insurance Companies for 8 - 18 years of experience

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Salaries in different departments

Sales & Business Development Cluster Manager Salary 8 - 16 years exp. (14 salaries)	₹3.8 L/yr - ₹6.5 L/yr
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BFSI, Investments & Trading Cluster Manager Salary 8 - 12 years exp. (5 salaries)	₹4 L/yr - ₹5.1 L/yr

Last Updated: 17 Dec 2024

Companies similar to Shriram Life Insurance for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Cluster Manager Salary 5 - 18 years exp. (30 salaries)	₹6.1 L/yr - ₹14 L/yr 85% more
HDFC Life Cluster Manager Salary 5 - 17 years exp. (290 salaries)	₹5.7 L/yr - ₹12 L/yr 81% more
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SBI Life Insurance Company Cluster Manager Salary 2 - 9 years exp. (5 salaries)	₹3.5 L/yr - ₹5.3 L/yr 13% less
Max Life Insurance Cluster Manager Salary 6 - 15 years exp. (187 salaries)	₹4.8 L/yr - ₹14 L/yr 106% more
Bajaj Allianz Life Insurance Cluster Manager Salary 5 - 17 years exp. (93 salaries)	₹4.2 L/yr - ₹13 L/yr 65% more	1 job opening
Kotak Mahindara Life Insurance Cluster Manager Salary 6 - 16 years exp. (33 salaries)	₹5 L/yr - ₹12.5 L/yr 59% more
Reliance Nippon Life Insurance Cluster Manager Salary 9 - 20 years exp. (34 salaries)	₹5 L/yr - ₹16.2 L/yr 83% more
Aditya Birla Sun Life Insurance Cluster Manager Salary 1 - 13 years exp. (216 salaries)	₹5 L/yr - ₹14 L/yr 88% more
PNB MetLife Cluster Manager Salary 5 - 23 years exp. (37 salaries)	₹4.9 L/yr - ₹17 L/yr 147% more
Tata AIA Life Insurance Cluster Manager Salary 6 - 16 years exp. (38 salaries)	₹5 L/yr - ₹17.1 L/yr 104% more	7 job openings
Care Health Insurance Cluster Manager Salary 3 - 12 years exp. (215 salaries)	₹2.4 L/yr - ₹6.6 L/yr 11% less	1 job opening
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Aditya Birla Health Insurance Co Cluster Manager Salary 0 - 11 years exp. (117 salaries)	₹4 L/yr - ₹10.8 L/yr 50% more
Star Health & Allied Insurance Cluster Manager Salary 5 - 13 years exp. (70 salaries)	₹3.7 L/yr - ₹8 L/yr 24% more
SBI General Insurance Cluster Manager Salary 6 - 18 years exp. (34 salaries)	₹7 L/yr - ₹15 L/yr 83% more
HDFC Ergo General Insurance Cluster Manager Salary 7 - 16 years exp. (21 salaries)	₹4.1 L/yr - ₹13.5 L/yr 102% more
ICICI Lombard General Insurance Company Cluster Manager Salary 1 - 12 years exp. (16 salaries)	₹3.8 L/yr - ₹11 L/yr 59% more

Cluster Manager salary at Shriram Life Insurance ranges between ₹3.8 Lakhs to ₹6.5 Lakhs per year for employees with experience between 8 years to 18 years. Salary estimates are based on 21 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Cluster Manager salaries

Last Updated: 17 Dec 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.9 L/yr
9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹8.9 L/yr
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10 years (7 salaries)	₹3.8 L/yr - ₹5.1 L/yr
11 years (3 salaries)	₹3.8 L/yr - ₹6 L/yr
12 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.9 L/yr
13 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.9 L/yr
14 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
15+ years (5 salaries)	₹4.5 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in Shriram Life Insurance

Store Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Cluster Head Salary

(4 salaries)

₹4.8 L/yr - ₹12 L/yr

Area Manager Salary

(42 salaries)

₹3.7 L/yr - ₹11 L/yr

Deputy Manager Salary

(44 salaries)

₹4 L/yr - ₹10 L/yr

Business Manager Salary

(56 salaries)

₹2.15 L/yr - ₹5 L/yr

Sales Manager Salary

(110 salaries)

₹1.65 L/yr - ₹7 L/yr

Branch Manager Salary

(72 salaries)

₹2.2 L/yr - ₹8.5 L/yr

Territory Manager Salary

(9 salaries)

₹3 L/yr - ₹7.2 L/yr

Area Sales Manager Salary

(17 salaries)

₹1.8 L/yr - ₹6 L/yr

Relationship Manager Salary

(100 salaries)

₹1.82 L/yr - ₹6.25 L/yr

Top skills at Shriram Life Insurance for Cluster Manager

agency Life Insurance Insurance Sales Area Management

Salary related reviews for Shriram Life Insurance

2.8

Rated by 9 employees for salary & benefits

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

Salary - Poor

+3 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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Shriram Life Insurance Cluster Manager Salary FAQs

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

Cluster Manager salary at Shriram Life Insurance in India ranges between ₹3.8 Lakhs to ₹6.5 Lakhs for experience between 8 years to 18 years. According to our estimates it is 46% less than the average Cluster Manager Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Shriram Life Insurance India.

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

The average salary of a Cluster Manager at Shriram Life Insurance is 46% less than the average salary of a Cluster Manager in India. To know exact salary insights, login to view.

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

agency, Life Insurance, Insurance Sales and Area Management are some of the popular skills required to work as a Cluster Manager at Shriram Life Insurance India.

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

PNB MetLife Cluster Manager Salary - ₹4.9 Lakhs to ₹17.0 Lakhs per year
Max Life Insurance Cluster Manager Salary - ₹4.8 Lakhs to ₹14.0 Lakhs per year
Tata AIA Life Insurance Cluster Manager Salary - ₹5.0 Lakhs to ₹17.1 Lakhs per year
HDFC Ergo General Insurance Cluster Manager Salary - ₹4.1 Lakhs to ₹13.5 Lakhs per year
Aditya Birla Sun Life Insurance Cluster Manager Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year

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

ICICI Prudential Life Insurance Cluster Manager Salary - ₹6.1 Lakhs to ₹14.0 Lakhs per year
SBI General Insurance Cluster Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Reliance Nippon Life Insurance Cluster Manager Salary - ₹5.0 Lakhs to ₹16.2 Lakhs per year
HDFC Life Cluster Manager Salary - ₹5.7 Lakhs to ₹12.0 Lakhs per year
Bajaj Allianz Life Insurance Cluster Manager Salary - ₹4.2 Lakhs to ₹13.0 Lakhs per year

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

The estimated take-home salary of a Cluster Manager at Shriram Life Insurance ranges between ₹37,177 per month to ₹38,384 per month in India. The take-home salary calculation is based on the average Shriram Life Insurance Cluster Manager salary in India which ranges between ₹3.8 Lakhs to ₹6.5 Lakhs per year for employees with experience between 8 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 35% of the Shriram Life Insurance Cluster Managers reported a notice period of 1 Month, 26% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

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Shriram Life Insurance Cluster Manager Salaries by Location

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Shriram Life Insurance Cluster Manager Salaries

Shriram Life Insurance Cluster Manager salary in India ranges between ₹3.8 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.

Shriram Life Insurance Cluster Manager salaries in India

Companies similar to Shriram Life Insurance for Cluster Manager

Latest annual salaries shared by Shriram Life Insurance Cluster Manager

Experience wise Shriram Life Insurance Cluster Manager salaries

Similar Designation salaries in Shriram Life Insurance

Top skills at Shriram Life Insurance for Cluster Manager

Salary related reviews for Shriram Life Insurance

Cluster Manager in Mirzapur

Sales Executive in Hyderabad / Secunderabad

Territory Manager in New Delhi

Tele Marketing Executive in Chennai

Senior Business Manager in Mumbai

Shriram Life Insurance Cluster Manager Salary FAQs

Tell us how to improve this page.

Shriram Life Insurance Cluster Manager Salaries by Location