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. (316 salaries)	₹4 L/yr - ₹9 L/yr 19% more
HDFC Life Management Trainee Salary 0 - 3 years exp. (143 salaries)	₹4.8 L/yr - ₹15 L/yr 77% more
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SBI Life Insurance Company Management Trainee Salary 0 - 2 years exp. (37 salaries)	₹5.1 L/yr - ₹10.5 L/yr 41% more
Max Life Insurance Management Trainee Salary 0 - 4 years exp. (15 salaries)	₹16 L/yr - ₹22 L/yr 267% more
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 6 years exp. (35 salaries)	₹3 L/yr - ₹9.5 L/yr 17% more
Kotak Mahindara Life Insurance Management Trainee Salary 0 - 3 years exp. (185 salaries)	₹1 L/yr - ₹6.5 L/yr 30% less
Reliance Nippon Life Insurance Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 49% less
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 1 year exp. (14 salaries)	₹7 L/yr - ₹15 L/yr 72% more
PNB MetLife Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹6 L/yr - ₹7 L/yr 8% more
Tata AIA Life Insurance Management Trainee Salary 0 - 4 years exp. (46 salaries)	₹5 L/yr - ₹20 L/yr 106% more
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (144 salaries)	₹3.5 L/yr - ₹12 L/yr 46% more
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Bajaj Allianz General Insurance Management Trainee Salary 0 - 3 years exp. (78 salaries)	₹5.4 L/yr - ₹9.5 L/yr 43% more
SBI General Insurance Management Trainee Salary 0 - 3 years exp. (32 salaries)	₹4 L/yr - ₹12 L/yr 49% more
Marsh Management Trainee Salary 0 - 2 years exp. (13 salaries)	₹9.5 L/yr - ₹17 L/yr 122% more
Aditya Birla Health Insurance Co Management Trainee Salary 0 - 1 year exp. (10 salaries)	₹3 L/yr - ₹12 L/yr 35% more
HDFC Ergo General Insurance Management Trainee Salary 0 - 1 year exp. (8 salaries)	₹6 L/yr - ₹14.8 L/yr 154% more
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
Gallagher Management Trainee Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr 60% more
Allianz Management Trainee Salary 0 - 6 years exp. (3 salaries)	₹2.9 L/yr - ₹6.6 L/yr 25% less

View all

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

(37 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

2.6

Rated by 5 employees for salary & benefits

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 !

Renewal Executive in Egmore

Full Time

Renewal Department

2.0

• posted on 23 Sep 2022

4.0

for Salary and Benefits

Likes

Salary credited on month end without any failed

Salary - Good

+1 more

Dislikes

Terrible environment I’ve been worked here at last 6 months and I’m literally feeling like depressed because nobody talk about anything other than just performance that they need 100% no matter what or else the TL & Assistant manager will make you feel like that you are just the worse person on this earth rather than motivating you. main thing is cases allocated to callers by partiality. The actual shift time should be 9.30 am to 6.30.pm but the TL & Assistant manager will extend the shit to 8.pm also.. it is like a torture & people feel like depressed. In my entire life I can’t see myself suggesting anyone to join this organisation.

Job security - Bad

+2 more

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Shriram Life Insurance Management Trainee Salary FAQs

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

Management Trainee salary at Shriram Life Insurance in India ranges between ₹2.0 Lakhs to ₹9.1 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 22% less than the average Management Trainee 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 Management Trainee at Shriram Life Insurance India compare with the average salary range for this job?

The average salary of a Management Trainee at Shriram Life Insurance is 22% less than the average salary of a Management Trainee in India. To know exact salary insights, login to view.

Which similar companies are paying more than Shriram Life Insurance to a Management Trainee in India?

Max Life Insurance Management Trainee Salary - ₹16.0 Lakhs to ₹22.0 Lakhs per year
HDFC Ergo General Insurance Management Trainee Salary - ₹6.0 Lakhs to ₹14.8 Lakhs per year
Marsh Management Trainee Salary - ₹9.5 Lakhs to ₹17.0 Lakhs per year
Tata AIA Life Insurance Management Trainee Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
AXA Management Trainee Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Management Trainee in companies similar to Shriram Life Insurance in India?

HDFC Life Management Trainee Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Sun Life Insurance Management Trainee Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Gallagher Management Trainee Salary - ₹8.0 Lakhs to ₹10.2 Lakhs per year
SBI General Insurance Management Trainee Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
ICICI Lombard General Insurance Company Management Trainee Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year

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 ranges between ₹43,175 per month to ₹44,293 per month in India. The take-home salary calculation is based on the average Shriram Life Insurance Management Trainee salary in India which ranges between ₹2.0 Lakhs to ₹9.1 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Management Trainee at Shriram Life Insurance?

According to AmbitionBox, 100% of the Shriram Life Insurance Management Trainees 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 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.