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Shriram Life Insurance

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3.6

based on 1.1k Reviews

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Shriram Life Insurance Salaries in Mumbai (Updated 2025)

based on 69 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting + 2 more
Designation Avg Annual Salary Open Jobs

Business Development Manager

0 - 10 years exp. · Mumbai (4 salaries)
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₹2.4 L/yr - ₹6 L/yr

Sales Executive

0 - 2 years exp. · Mumbai (3 salaries)
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₹2 L/yr - ₹3 L/yr

Relationship Manager

1 - 2 years exp. · Mumbai (3 salaries)
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₹4.1 L/yr - ₹5.5 L/yr

Back Office Executive

4 - 7 years exp. · Mumbai (3 salaries)
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₹2.3 L/yr - ₹2.5 L/yr

Starting your career? Discover Shriram Life Insurance fresher salaries in India

Portfolio Manager

1 - 8 years exp. · Mumbai (3 salaries)
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₹3.5 L/yr - ₹6 L/yr

Senior Sales Manager

10 - 16 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.7 L/yr - ₹8 L/yr

Assistant Regional Manager

16 - 21 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.2 L/yr - ₹12.6 L/yr

Branch Operation Executive

2 - 3 years exp. · Mumbai (AmbitionBox Estimate)
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₹1.6 L/yr - ₹3 L/yr

Senior Portfolio Manager

2 - 4 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.9 L/yr

Sales Officer

0 - 2 years exp. · Mumbai (AmbitionBox Estimate)
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₹2 L/yr - ₹2.6 L/yr

SME

3 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr

MIS Sales Coordinator

10 years exp. · Mumbai (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Business Support Coordinator

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr

Business Associate

18 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Finance Intern

Fresher · Mumbai (AmbitionBox Estimate)
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₹0.1 L/yr - ₹0.1 L/yr

Recruitment Development Manager

6 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Workforce Analyst

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr

Accounts & Finance Manager

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Telecalling

3 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

Brand Manager

3 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Last Updated: 12 Mar, 2025

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2w
a system engineer
Just had to share this, I got a 100% hike!
I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.
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Salary related reviews for Shriram Life Insurance

3.3

Rated by 22 employees for salary & benefits

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.

read more
  • Salary - Bad
    • +5 more

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.

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

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

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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.

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  • 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 !

read more
see more salary related reviews

Shriram Life Insurance interview questions by designations

Internship Trainee (3)Business Development Manager (3)Agency Development Manager (3)Business Development Executive (3)
View all 69 interview experiences

Know more about Shriram Life Insurance Mumbai

More about working at Shriram Life Insurance

Shriram Life Insurance Salary FAQs

How much does Shriram Life Insurance pay to its employees?
The average annual salary at Shriram Life Insurance varies depending on the role, experience, and location. The salary ranges for some popular designations at Shriram Life Insurance, are as follows:

Business Development Manager ₹2.4 Lakhs to ₹6 Lakhs per year
Sales Executive ₹2 Lakhs to ₹3 Lakhs per year
Relationship Manager ₹4.1 Lakhs to ₹5.5 Lakhs per year
Back Office Executive ₹2.3 Lakhs to ₹2.5 Lakhs per year

The highest-paying role, Assistant General Manager, earns between ₹11 Lakhs to ₹21 Lakhs per year. The top 10% of employees earn more than ₹8 Lakhs per year, and the top 1% earn over ₹22.3 Lakhs per year. 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 salary estimates are based on data from 69 salaries submitted by Shriram Life Insurance employees. Shriram Life Insurance is rated 3.3 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Shriram Life Insurance in Mumbai?
The salary of a fresher at Shriram Life Insurance in Mumbai typically ranges from ₹1.5 Lakh to ₹5.2 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Sales Executive Salary ₹1.2 Lakhs to ₹2.7 Lakhs per year
Fresher as a Sales Officer Salary ₹1.3 Lakhs to ₹2.6 Lakhs per year
Fresher as a Sales Manager Salary ₹2.1 Lakhs to ₹3.8 Lakhs per year
Fresher as a Business Manager Salary ₹3 Lakhs to ₹4.8 Lakhs per year

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Average annual salary in Shriram Life Insurance , Mumbai is INRunlock blur . Salary estimates are based on 69 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.

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