Shriram Life Insurance Management Trainee Salaries by 4 Employees (Updated 2025)

0 - 3 years exp.

₹2 Lakhs - ₹9.1 Lakhs

Low Confidence

Salary of majority employees

22% less than the average Management Trainee Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Management Trainee Salary Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
Product Management Management Trainee Salary 3 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr
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Project & Program Management Management Trainee Salary Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 26 Feb 2025

Companies similar to Shriram Life Insurance for Management Trainee

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Management Trainee Salary 0 - 2 years exp. (313 salaries)	₹4 L/yr - ₹9 L/yr 19% more
Kotak Mahindara Life Insurance Management Trainee Salary 0 - 2 years exp. (186 salaries)	₹2.8 L/yr - ₹7 L/yr 33% less
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ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (142 salaries)	₹4.4 L/yr - ₹12 L/yr 47% more
HDFC Life Management Trainee Salary 0 - 3 years exp. (145 salaries)	₹4.8 L/yr - ₹15 L/yr 79% more
Bajaj Allianz General Insurance Management Trainee Salary 0 - 3 years exp. (85 salaries)	₹5.4 L/yr - ₹9.5 L/yr 42% more
Tata AIA Life Insurance Management Trainee Salary 0 - 4 years exp. (48 salaries)	₹5 L/yr - ₹20 L/yr 104% more
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 6 years exp. (39 salaries)	₹3 L/yr - ₹9.1 L/yr 21% more
SBI Life Insurance Company Management Trainee Salary 0 - 2 years exp. (37 salaries)	₹3.5 L/yr - ₹10.5 L/yr 41% more
SBI General Insurance Management Trainee Salary 0 - 3 years exp. (33 salaries)	₹8 L/yr - ₹13 L/yr 61% more
Axis Max Life Insurance Management Trainee Salary 0 - 4 years exp. (15 salaries)	₹16 L/yr - ₹22 L/yr 267% more
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 1 year exp. (15 salaries)	₹7 L/yr - ₹15 L/yr 73% more
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Marsh Management Trainee Salary 0 - 3 years exp. (7 salaries)	₹9.5 L/yr - ₹17 L/yr 114% more
Aditya Birla Health Insurance Co Management Trainee Salary 0 - 1 year exp. (10 salaries)	₹3 L/yr - ₹12 L/yr 34% more
HDFC Ergo General Insurance Management Trainee Salary 0 - 1 year exp. (8 salaries)	₹6 L/yr - ₹14.8 L/yr 154% more
PNB MetLife Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹6 L/yr - ₹7 L/yr 8% more
Reliance Nippon Life Insurance Management Trainee Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 49% less
AON Global Insurance Brokers Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹6 L/yr - ₹10.5 L/yr 45% more
AXA Management Trainee Salary 2 - 3 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 80% more
Allianz Management Trainee Salary 0 - 6 years exp. (3 salaries)	₹2.9 L/yr - ₹6.6 L/yr 25% less
Star Health & Allied Insurance Management Trainee Salary 0 - 12 years exp. (3 salaries)	₹1.8 L/yr - ₹6.5 L/yr 13% less

Management Trainee salary at Shriram Life Insurance ranges between ₹2 Lakhs to ₹9.1 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Management Trainee salaries

Last Updated: 26 Feb 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹2 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
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2 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr

Similar Designation salaries in Shriram Life Insurance

Finance Executive Salary

(6 salaries)

₹2 L/yr - ₹3.15 L/yr

Accountant Salary

(5 salaries)

₹2 L/yr - ₹4.8 L/yr

Team Lead Salary

(44 salaries)

₹2.4 L/yr - ₹5.5 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Associate Salary

(14 salaries)

₹2.35 L/yr - ₹3.2 L/yr

Process Associate Salary

(10 salaries)

₹1.5 L/yr - ₹2.5 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Deputy Manager Salary

(44 salaries)

₹4 L/yr - ₹10 L/yr

Account Assistant Salary

(3 salaries)

₹1.8 L/yr - ₹3.4 L/yr

Salary related reviews for Shriram Life Insurance

3.1

Rated by 4 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

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

Unit Manager in Hubli

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.

Salary - Bad

+6 more

Accounts Receivable Executive in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

5.0

• posted on 02 May 2023

4.0

for Salary and Benefits

Likes

I like the work culture and friendly environment with each and every single people and cultural activities are good.

Salary - Good

+6 more

Dislikes

Salaries are less compared to other companies, so push HR in starting itself for ur salary and salary deductions are high these are he dislikes. I felt !

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Shriram Life Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at Shriram Life Insurance ?

The average salary of a Management Trainee at Shriram Life Insurance in India typically ranges from ₹2.0 Lakhs to ₹9.1 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Management Trainee at Shriram Life Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Management Trainee 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 4 Shriram Life Insurance employees in India.

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

The estimated take-home salary of a Management Trainee at Shriram Life Insurance in India typically ranges from ₹43,175 to ₹44,293 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹9.1 Lakhs per year for employees with experience ranging from Fresher to 3 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 4 salaries received from various employees of Shriram Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shriram Life Insurance for Management Trainee in India?

Axis Max Life Insurance	₹16.0 Lakhs to ₹22.0 Lakhs per year
HDFC Ergo General Insurance	₹6.0 Lakhs to ₹14.8 Lakhs per year
Marsh	₹9.5 Lakhs to ₹17.0 Lakhs per year
Tata AIA Life Insurance	₹5.0 Lakhs to ₹20.0 Lakhs per year
AXA	₹8.0 Lakhs to ₹12.0 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 Management Trainee in companies similar to Shriram Life Insurance in India?

The salary of a Management Trainee at companies similar to Shriram Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life	₹4.8 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹7.0 Lakhs to ₹15.0 Lakhs per year
SBI General Insurance	₹8.0 Lakhs to ₹13.0 Lakhs per year
ICICI Lombard General Insurance Company	₹4.4 Lakhs to ₹12.0 Lakhs per year
AON Global Insurance Brokers	₹6.0 Lakhs to ₹10.5 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 Management Trainee at Shriram Life Insurance in India?

The salary growth for a Management Trainee at Shriram Life Insurance depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at Shriram Life Insurance:

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹3.5 Lakhs per year
1 year	₹5.1 Lakhs to ₹6.6 Lakhs per year
2 years	₹8.2 Lakhs to ₹10.5 Lakhs per year

and so on.

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Shriram Life Insurance Management Trainee Salaries

Shriram Life Insurance Management Trainee salary in India ranges between ₹2 Lakhs to ₹9.1 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.