Shriram Life Insurance Sales Development Manager Salaries by 7 Employees (Updated 2024)

1 - 3 years exp.

₹1.8 Lakh - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

54% less than the average Sales Development Manager Salary in Insurance Companies for 1 - 3 years of experience

Interested in this particular role?

Last Updated: 15 Mar 2023

Companies similar to Shriram Life Insurance for Sales Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Sales Development Manager Salary 1 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹5.2 L/yr 90% more
HDFC Life Sales Development Manager Salary 0 - 8 years exp. (949 salaries)	₹1.5 L/yr - ₹4.5 L/yr 52% more	4 job openings
Login to view exact salary
SBI Life Insurance Company Sales Development Manager Salary 0 - 8 years exp. (15 salaries)	₹2.5 L/yr - ₹4 L/yr 45% more
Max Life Insurance Sales Development Manager Salary 3 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹3 L/yr 26% more
Bajaj Allianz Life Insurance Sales Development Manager Salary 3 - 9 years exp. (4 salaries)	₹1.8 L/yr - ₹5 L/yr 67% more
Kotak Mahindara Life Insurance Sales Development Manager Salary 0 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹6.5 L/yr 118% more
Reliance Nippon Life Insurance Sales Development Manager Salary 0 - 4 years exp. (3 salaries)	₹2.6 L/yr - ₹3 L/yr 37% more
Tata AIA Life Insurance Sales Development Manager Salary 2 - 5 years exp. (5 salaries)	₹2.5 L/yr - ₹4.8 L/yr 74% more
HDFC Ergo General Insurance Sales Development Manager Salary 3 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹2.7 L/yr 23% more
ICICI Lombard General Insurance Company Sales Development Manager Salary 2 - 14 years exp. (3 salaries)	₹3.3 L/yr - ₹6 L/yr 113% more

Sales Development Manager salary at Shriram Life Insurance ranges between ₹1.8 Lakh to ₹2.4 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 7 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Sales Development Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹1.8 L/yr
2 years (3 salaries)	₹1.8 L/yr - ₹2.4 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.4 L/yr

Similar Designation salaries in Shriram Life Insurance

Relationship Manager Salary

(99 salaries)

₹1.82 L/yr - ₹6.25 L/yr

Branch Manager Salary

(67 salaries)

₹3 L/yr - ₹10 L/yr

Branch Operation Executive Salary

(50 salaries)

₹1.05 L/yr - ₹3.8 L/yr

Assistant Branch Manager Salary

(22 salaries)

₹2.2 L/yr - ₹5.5 L/yr

Cluster Manager Salary

(21 salaries)

₹3.8 L/yr - ₹6.5 L/yr

Senior Relationship Manager Salary

(18 salaries)

₹2.8 L/yr - ₹8.6 L/yr

Area Business Head Salary

(17 salaries)

₹5.15 L/yr - ₹8 L/yr

Branch Head Salary

(15 salaries)

₹4.4 L/yr - ₹7.7 L/yr

Senior Branch Manager Salary

(13 salaries)

₹3.05 L/yr - ₹9.4 L/yr

Insurance Manager Salary

(8 salaries)

₹3 L/yr - ₹8 L/yr

Salary related reviews for Shriram Life Insurance

1.0

Rated by 2 employees for salary & benefits

Cluster Manager in Mirzapur

Sales Department

3.0

• posted on 18 Oct 2020

2.0

for Salary and Benefits

Likes

...tly. No appraisal this year. Compensation should be more as per work and labour. Very less salary.

Dislikes

Salary must be at par as per the designation compare to other companies

Senior Relationship Manager in Hyderabad / Secunderabad

Human Resources Department

1.0

• posted on 13 Feb 2022

1.0

for Salary and Benefits

Likes

Nothing, it was the worst experience for me and when it comes growth , so there is no career growth in this company

Dislikes

Nothing one of the poor company with less benefits in increment , bonus and salary too, very poor culture, use bad language with employees, shows there partiality, politics is there, don’t provide transportation after 5:30 and many more

Branch Operation Executive

Marketing Department

5.0

• posted on 19 Jul 2019

5.0

for Salary and Benefits

Likes

I'm writing today to thank you for all the support that you have given me during my time here at shriram life insurance company form the time I started this job I have been supported and it means more to me than ever know you have given me some friendly advice and I have really appreciated it. working for you has been very fun and I have learned a lot.

Dislikes

Improve salary structure.

Branch Operation Executive in Bhiwani

Customer Success, Service & Operations Department

4.0

• posted on 28 Nov 2019

4.0

for Salary and Benefits

Likes

I love the fact that I am a part of a team that markets reliable,high-qaulify products and has a global client base. Another plus point is that my collegues come from various cultural backgrounds, and we work happily in collaboration. I also like the re-hire policy here.

Dislikes

Compensation is decent but growth is slow. The work pressure is very high. Sometimes, I have to work 12=13 hours straight in a day as I have to do my work on same day.

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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about Shriram Life Insurance?

Ask anonymously on communities.

Shriram Life Insurance Sales Development Manager Salary FAQs

What is the salary of Sales Development Manager at Shriram Life Insurance?

Sales Development Manager salary at Shriram Life Insurance in India ranges between ₹1.8 Lakhs to ₹2.4 Lakhs for experience between 1 years to 3 years. According to our estimates it is 54% less than the average Sales Development Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Shriram Life Insurance India.

How does the salary of a Sales Development Manager at Shriram Life Insurance India compare with the average salary range for this job?

The average salary of a Sales Development Manager at Shriram Life Insurance is 54% less than the average salary of a Sales Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Shriram Life Insurance to a Sales Development Manager in India?

Kotak Mahindara Life Insurance Sales Development Manager Salary - ₹3.5 Lakhs to ₹6.5 Lakhs per year
ICICI Lombard General Insurance Company Sales Development Manager Salary - ₹3.3 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance Sales Development Manager Salary - ₹2.5 Lakhs to ₹5.2 Lakhs per year
Tata AIA Life Insurance Sales Development Manager Salary - ₹2.5 Lakhs to ₹4.8 Lakhs per year
Bajaj Allianz Life Insurance Sales Development Manager Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Sales Development Manager in companies similar to Shriram Life Insurance in India?

HDFC Life Sales Development Manager Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company Sales Development Manager Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
Reliance Nippon Life Insurance Sales Development Manager Salary - ₹2.6 Lakhs to ₹3.0 Lakhs per year
Max Life Insurance Sales Development Manager Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
HDFC Ergo General Insurance Sales Development Manager Salary - ₹2.2 Lakhs to ₹2.7 Lakhs per year

What is the estimated take home salary of a Sales Development Manager at Shriram Life Insurance in India?

The estimated take-home salary of a Sales Development Manager at Shriram Life Insurance ranges between ₹14,308 per month to ₹15,816 per month in India. The take-home salary calculation is based on the average Shriram Life Insurance Sales Development Manager salary in India which ranges between ₹1.8 Lakhs to ₹2.4 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

Tell us how to improve this page.

Shriram Life Insurance Sales Development Manager Salaries by Location

Home >
Salaries >
Shriram Life Insurance Salaries >
Shriram Life Insurance Sales Development Manager Salaries

Shriram Life Insurance Sales Development Manager salary in India ranges between ₹1.8 Lakh to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.

Shriram Life Insurance Sales Development Manager salaries in India

Companies similar to Shriram Life Insurance for Sales Development Manager

Latest annual salaries shared by Shriram Life Insurance Sales Development Manager

Experience wise Shriram Life Insurance Sales Development Manager salaries

Similar Designation salaries in Shriram Life Insurance

Salary related reviews for Shriram Life Insurance

Cluster Manager in Mirzapur

Senior Relationship Manager in Hyderabad / Secunderabad

Branch Operation Executive

Branch Operation Executive in Bhiwani

Tele Marketing Executive in Chennai

Shriram Life Insurance Sales Development Manager Salary FAQs

Tell us how to improve this page.

Shriram Life Insurance Sales Development Manager Salaries by Location