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

Annual salary range
3 - 15 years exp.
₹4 Lakhs - ₹10 Lakhs
Salary of majority employees
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28% less than the average Deputy Manager Salary in Insurance Companies for 3 - 15 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Deputy Manager Salary
5 - 15 years exp. (15 salaries)
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₹4.6 L/yr - ₹10 L/yr

Finance & Accounting
Deputy Manager Salary
6 - 13 years exp. (8 salaries)
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₹4 L/yr - ₹10 L/yr

BFSI, Investments & Trading
Deputy Manager Salary
3 - 13 years exp. (5 salaries)
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₹4.7 L/yr - ₹7.5 L/yr

Human Resources
Deputy Manager Salary
7 - 15 years exp. (5 salaries)
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₹5.7 L/yr - ₹8.3 L/yr

Sales & Business Development
Deputy Manager Salary
7 - 10 years exp. (AmbitionBox Estimate)
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₹5.5 L/yr - ₹6.4 L/yr

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Last Updated: 14 Jan 2025

Companies similar to Shriram Life Insurance for Deputy Manager

Company name Avg Annual Salary Open Jobs
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₹3.2 L/yr - ₹10.3 L/yr

arrow icon 15% less
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Axis Max Life Insurance Deputy Manager Salary

0 - 14 years exp. (810 salaries)

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₹2.4 L/yr - ₹8.7 L/yr

arrow icon 25% less
18 job openings
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₹2 L/yr - ₹5.7 L/yr

arrow icon 42% less
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HDFC Life Deputy Manager Salary

2 - 15 years exp. (731 salaries)

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₹3.5 L/yr - ₹12.1 L/yr

arrow icon 14% more
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₹4.5 L/yr - ₹16.5 L/yr

arrow icon 55% more
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₹4 L/yr - ₹12.6 L/yr

arrow icon 13% more
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₹3 L/yr - ₹10 L/yr

arrow icon 12% less
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₹3 L/yr - ₹9.5 L/yr

arrow icon 11% less
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₹7.5 L/yr - ₹16 L/yr

arrow icon 77% more
3 job openings
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SBI General Insurance Deputy Manager Salary

4 - 11 years exp. (158 salaries)

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₹3.7 L/yr - ₹9.7 L/yr

arrow icon 21% less
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PNB MetLife Deputy Manager Salary

4 - 16 years exp. (121 salaries)

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₹3.9 L/yr - ₹12.6 L/yr

arrow icon 13% more
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₹3.7 L/yr - ₹12.4 L/yr

arrow icon 3% more
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₹2.3 L/yr - ₹8 L/yr

arrow icon 31% less
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₹2.5 L/yr - ₹10 L/yr

arrow icon 9% less
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Tata AIA Life Insurance Deputy Manager Salary

3 - 8 years exp. (16 salaries)

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₹3.2 L/yr - ₹10.5 L/yr

arrow icon 18% less
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₹4.7 L/yr - ₹13.3 L/yr

arrow icon 6% more
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₹11 L/yr - ₹24 L/yr

arrow icon 173% more
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₹17 L/yr - ₹26 L/yr

arrow icon 188% more
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₹2.4 L/yr - ₹9.3 L/yr

arrow icon 11% less
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₹15 L/yr - ₹21 L/yr

arrow icon 148% more
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Deputy Manager salary at Shriram Life Insurance ranges between ₹4 Lakhs to ₹10 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 44 latest salaries received from various employees of Shriram Life Insurance.

Latest annual salaries shared by Shriram Life Insurance Deputy Manager

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Experience wise Shriram Life Insurance Deputy Manager salaries

Last Updated: 14 Jan 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹8.5 L/yr
4 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹12.6 L/yr
5 years  (3 salaries)

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₹5 L/yr - ₹12.6 L/yr
6 years  (5 salaries)

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₹4.3 L/yr - ₹9.4 L/yr
7 years (AmbitionBox Estimate)

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₹6 L/yr - ₹8 L/yr
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Similar Designation salaries in Shriram Life Insurance

Team Manager Salary
(4 salaries)
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₹2.5 L/yr - ₹14 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Branch Manager Salary
(92 salaries)
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₹2.2 L/yr - ₹9.5 L/yr
Area Manager Salary
(44 salaries)
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₹3.7 L/yr - ₹11 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.2 L/yr
Cluster Manager Salary
(21 salaries)
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₹3.8 L/yr - ₹6.5 L/yr
Service Manager Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
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₹4.4 L/yr - ₹7.5 L/yr
Program Manager Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
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₹8 L/yr - ₹18 L/yr

Top skills at Shriram Life Insurance for Deputy Manager

Team Handling Life Insurance Claims Management Data Management Net Asset Value Claims Sales Support MIS Preparation People Management Project Management Project Development Fund Accounting Communication Skills Excel Product Development

Salary related reviews for Shriram Life Insurance

3.0

Rated by 10 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.

read more
  • Skill development - Poor
  • +4 more

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.

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Dislikes

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

  • Salary - Poor
  • +3 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.

read more
  • 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.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Shriram Life Insurance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Shriram Life Insurance ?
The average salary of a Deputy Manager at Shriram Life Insurance in India typically ranges from ₹4.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 3 years to 15 years).

The top 10% of Deputy Manager at Shriram Life Insurance earn more than ₹9.4 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Deputy Manager 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 40+ Shriram Life Insurance employees in India.
What is the estimated take home salary of a Deputy Manager at Shriram Life Insurance in India?
The estimated take-home salary of a Deputy Manager at Shriram Life Insurance in India typically ranges from ₹52,159 to ₹53,454 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 3 years to 15 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 40+ salaries received from various employees of Shriram Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Deputy Manager at Shriram Life Insurance ?
To be a Deputy Manager at Shriram Life Insurance in india, the key skills required include:

  • - Team Handling
  • - Life Insurance
  • - Claims Management
  • - Data Management
  • - Net Asset Value

These skills are highly valued at Shriram Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Shriram Life Insurance for Deputy Manager in India?
The New India Assurance Co. ₹17.0 Lakhs to ₹26.0 Lakhs per year
United India Insurance Company ₹11.0 Lakhs to ₹24.0 Lakhs per year
The Oriental Insurance Co. ₹15.0 Lakhs to ₹21.0 Lakhs per year
Bajaj Allianz General Insurance ₹7.5 Lakhs to ₹16.0 Lakhs per year
Bajaj Allianz Life Insurance ₹4.5 Lakhs to ₹16.5 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 Deputy Manager in companies similar to Shriram Life Insurance in India?
The salary of a Deputy Manager at companies similar to Shriram Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Marsh ₹10.0 Lakhs to ₹12.0 Lakhs per year
Allianz ₹6.6 Lakhs to ₹12.2 Lakhs per year
HDFC Life ₹3.5 Lakhs to ₹12.1 Lakhs per year
Aditya Birla Health Insurance Co ₹4.0 Lakhs to ₹12.6 Lakhs per year
PNB MetLife ₹3.9 Lakhs to ₹12.6 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 Deputy Manager at Shriram Life Insurance in India?
The salary growth for a Deputy Manager at Shriram Life Insurance depends on factors such as experience, performance, and promotions. On average, a Deputy Manager can expect the following growth trajectory at Shriram Life Insurance:

Experience Average Salary Range
3 years ₹2.8 Lakhs to ₹8.5 Lakhs per year
4 years ₹4.7 Lakhs to ₹12.6 Lakhs per year
5 years ₹5.0 Lakhs to ₹12.6 Lakhs per year
6 years ₹4.3 Lakhs to ₹9.4 Lakhs per year
and so on.

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Shriram Life Insurance Deputy Manager salary in India ranges between ₹4 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 44 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.