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Shriram Life Insurance Insurance Manager salaries in India

Annual salary range
0 - 15 years exp.
₹3 Lakhs - ₹8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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8% less than the average Insurance Manager Salary in Insurance Companies for 0 - 15 years of experience

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Salaries in different departments

Marketing & Communication
Insurance Manager Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Insurance Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.9 L/yr

Sales & Business Development
Insurance Manager Salary
15 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.6 L/yr

Last Updated: 2 Jan 2025

Companies similar to Shriram Life Insurance for Insurance Manager

Company name Avg Annual Salary Open Jobs
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₹2.8 L/yr - ₹5 L/yr

arrow icon 8% less
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HDFC Life Insurance Manager Salary

1 - 6 years exp. (54 salaries)

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₹2.5 L/yr - ₹6 L/yr

At par
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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 4% less
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Max Life Insurance Insurance Manager Salary

0 - 8 years exp. (24 salaries)

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₹1.7 L/yr - ₹4.7 L/yr

arrow icon 1% less
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₹1.5 L/yr - ₹6 L/yr

arrow icon 2% less
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₹2.5 L/yr - ₹5.9 L/yr

arrow icon 4% more
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₹1.8 L/yr - ₹5 L/yr

arrow icon 4% less
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₹3 L/yr - ₹5.6 L/yr

arrow icon 3% less
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PNB MetLife Insurance Manager Salary

0 - 8 years exp. (67 salaries)

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₹0.6 L/yr - ₹5.3 L/yr

arrow icon 5% less
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₹2.6 L/yr - ₹7.7 L/yr

arrow icon 21% more
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₹2.4 L/yr - ₹8 L/yr

arrow icon 15% more
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₹4 L/yr - ₹9.4 L/yr

arrow icon 59% more
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Care Health Insurance Insurance Manager Salary

1 - 10 years exp. (10 salaries)

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₹2.5 L/yr - ₹4.9 L/yr

arrow icon 8% less
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₹2.4 L/yr - ₹7.5 L/yr

arrow icon 34% more
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₹5.7 L/yr - ₹7.3 L/yr

arrow icon 58% more
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₹3.8 L/yr - ₹4.7 L/yr

arrow icon 13% more
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₹3.3 L/yr - ₹6 L/yr

arrow icon 26% more
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₹1.2 L/yr - ₹15 L/yr

arrow icon 74% more
Insurance Manager salary at Shriram Life Insurance ranges between ₹3 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 9 latest salaries received from various employees of Shriram Life Insurance.

Latest annual salaries shared by Shriram Life Insurance Insurance Manager

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15 years exp.
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9 years exp.
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11 years exp.
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Experience wise Shriram Life Insurance Insurance Manager salaries

Last Updated: 2 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.4 L/yr - ₹5.5 L/yr
1 year (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
2 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹6.5 L/yr
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Similar Designation salaries in Shriram Life Insurance

Branch Manager Salary
(71 salaries)
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₹3 L/yr - ₹10 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Area Manager Salary
(43 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
Sales Manager Salary
(112 salaries)
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₹1.65 L/yr - ₹7 L/yr
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₹1.8 L/yr - ₹6 L/yr
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₹3 L/yr - ₹7.2 L/yr
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₹2.5 L/yr - ₹2.75 L/yr
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₹2.4 L/yr - ₹3 L/yr
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₹1.82 L/yr - ₹6.25 L/yr

Salary related reviews for Shriram Life Insurance

3.0

Rated by 2 employees for salary & benefits

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.

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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.

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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.

read 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

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

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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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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.

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Shriram Life Insurance Insurance Manager Salary FAQs

What is the salary of Insurance Manager at Shriram Life Insurance?
Insurance Manager salary at Shriram Life Insurance in India ranges between ₹3.0 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 15 years. According to our estimates it is 8% less than the average Insurance Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Shriram Life Insurance India.
How does the salary of a Insurance Manager at Shriram Life Insurance India compare with the average salary range for this job?
The average salary of a Insurance Manager at Shriram Life Insurance is 8% less than the average salary of a Insurance Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Shriram Life Insurance to a Insurance Manager in India?
  • The New India Assurance Co. Insurance Manager Salary - ₹1.2 Lakhs to ₹15.0 Lakhs per year
  • HDFC Ergo General Insurance Insurance Manager Salary - ₹4.0 Lakhs to ₹9.4 Lakhs per year
  • Star Health & Allied Insurance Insurance Manager Salary - ₹5.7 Lakhs to ₹7.3 Lakhs per year
  • SBI General Insurance Insurance Manager Salary - ₹2.4 Lakhs to ₹7.5 Lakhs per year
  • Life Insurance Corporation of India Insurance Manager Salary - ₹3.3 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Insurance Manager in companies similar to Shriram Life Insurance in India?
  • Tata AIA Life Insurance Insurance Manager Salary - ₹2.6 Lakhs to ₹7.7 Lakhs per year
  • ICICI Lombard General Insurance Company Insurance Manager Salary - ₹2.4 Lakhs to ₹8.0 Lakhs per year
  • Aditya Birla Health Insurance Co Insurance Manager Salary - ₹3.8 Lakhs to ₹4.7 Lakhs per year
  • Kotak Mahindara Life Insurance Insurance Manager Salary - ₹2.5 Lakhs to ₹5.9 Lakhs per year
  • HDFC Life Insurance Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Insurance Manager at Shriram Life Insurance in India?
The estimated take-home salary of a Insurance Manager at Shriram Life Insurance ranges between ₹27,330 per month to ₹28,734 per month in India. The take-home salary calculation is based on the average Shriram Life Insurance Insurance Manager salary in India which ranges between ₹3.0 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 15 years. Check how did we calculate take home salary?
What is the notice period for Insurance Manager at Shriram Life Insurance?
According to AmbitionBox, 55% of the Shriram Life Insurance Insurance Managers reported a notice period of 15 days or less, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Shriram Life Insurance Insurance Manager salary in India ranges between ₹3 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.