Shriram Life Insurance Relationship Officer Salaries by 6 Employees

1 - 8 years exp.

₹3.3 Lakhs - ₹3.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

23% more than the average Relationship Officer Salary in Insurance Companies for 1 - 8 years of experience

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Salaries in different departments

Sales & Business Development Relationship Officer Salary 4 - 8 years exp. (3 salaries)	₹3.3 L/yr - ₹3.6 L/yr
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Marketing & Communication Relationship Officer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.7 L/yr

Last Updated: 4 Dec 2023

Companies similar to Shriram Life Insurance for Relationship Officer

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Sun Life Insurance Relationship Officer Salary 0 - 5 years exp. (203 salaries)	₹2.1 L/yr - ₹4 L/yr 16% less	1 job opening
HDFC Life Relationship Officer Salary 0 - 5 years exp. (91 salaries)	₹2 L/yr - ₹3.9 L/yr 17% less
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Axis Max Life Insurance Relationship Officer Salary 0 - 6 years exp. (80 salaries)	₹2 L/yr - ₹3.3 L/yr 29% less
Tata AIA Life Insurance Relationship Officer Salary 0 - 6 years exp. (16 salaries)	₹2.5 L/yr - ₹5.3 L/yr 6% more
Bajaj Allianz Life Insurance Relationship Officer Salary 0 - 6 years exp. (16 salaries)	₹2.6 L/yr - ₹4.5 L/yr 8% less
PNB MetLife Relationship Officer Salary 1 - 4 years exp. (11 salaries)	₹2.5 L/yr - ₹3.9 L/yr 4% less	1 job opening
Star Health & Allied Insurance Relationship Officer Salary 0 - 4 years exp. (11 salaries)	₹2.4 L/yr - ₹4.5 L/yr 11% less
SBI General Insurance Relationship Officer Salary 0 - 7 years exp. (7 salaries)	₹1.6 L/yr - ₹3.9 L/yr 14% less
Aditya Birla Health Insurance Co Relationship Officer Salary 0 - 2 years exp. (7 salaries)	₹2.3 L/yr - ₹3 L/yr 25% less
Bajaj Allianz General Insurance Relationship Officer Salary 3 - 7 years exp. (6 salaries)	₹3 L/yr - ₹4.5 L/yr 8% less
SBI Life Insurance Company Relationship Officer Salary 0 - 5 years exp. (6 salaries)	₹2.4 L/yr - ₹3.8 L/yr 7% less
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ICICI Prudential Life Insurance Relationship Officer Salary 2 - 5 years exp. (5 salaries)	₹2.3 L/yr - ₹4.3 L/yr 7% less
ICICI Lombard General Insurance Company Relationship Officer Salary 4 - 8 years exp. (5 salaries)	₹2.3 L/yr - ₹5 L/yr 5% less
HDFC Ergo General Insurance Relationship Officer Salary 0 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹3.6 L/yr 16% less
Kotak Mahindara Life Insurance Relationship Officer Salary 3 - 11 years exp. (4 salaries)	₹2.2 L/yr - ₹5 L/yr 8% less
Reliance Nippon Life Insurance Relationship Officer Salary 0 - 1 year exp. (3 salaries)	₹1.8 L/yr - ₹2.9 L/yr 39% less
Life Insurance Corporation of India Relationship Officer Salary 1 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹3.5 L/yr 14% less

Relationship Officer salary at Shriram Life Insurance ranges between ₹3.3 Lakhs to ₹3.7 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Relationship Officer salaries

Last Updated: 4 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.7 L/yr
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.7 L/yr
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3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.4 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.4 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.3 L/yr
8 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.3 L/yr

View all

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Salary related reviews for Shriram Life Insurance

3.5

Rated by 2 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

Sales Executive in Hyderabad / Secunderabad

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.

Salary - Bad

+6 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

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Shriram Life Insurance Relationship Officer Salary FAQs

What is the salary of Relationship Officer at Shriram Life Insurance ?

The average salary of a Relationship Officer at Shriram Life Insurance in India typically ranges from ₹3.3 Lakhs to ₹3.7 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Relationship Officer at Shriram Life Insurance earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Relationship Officer 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 6 Shriram Life Insurance employees in India.

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

The estimated take-home salary of a Relationship Officer at Shriram Life Insurance in India typically ranges from ₹26,133 to ₹27,555 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from 1 year to 8 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 6 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 Relationship Officer in India?

Tata AIA Life Insurance

₹2.5 Lakhs to ₹5.3 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 Relationship Officer in companies similar to Shriram Life Insurance in India?

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

PNB MetLife	₹2.5 Lakhs to ₹3.9 Lakhs per year
ICICI Lombard General Insurance Company	₹2.3 Lakhs to ₹5.0 Lakhs per year
ICICI Prudential Life Insurance	₹2.3 Lakhs to ₹4.3 Lakhs per year
SBI Life Insurance Company	₹2.4 Lakhs to ₹3.8 Lakhs per year
Kotak Mahindara Life Insurance	₹2.2 Lakhs to ₹5.0 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 Relationship Officer at Shriram Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹1.5 Lakhs to ₹3.7 Lakhs per year
2 years	₹1.4 Lakhs to ₹3.7 Lakhs per year
3 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
4 years	₹3.3 Lakhs to ₹6.4 Lakhs per year

and so on.

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Shriram Life Insurance Relationship Officer Salaries

Shriram Life Insurance Relationship Officer salary in India ranges between ₹3.3 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.