Shriram Life Insurance Sales Executive/Officer Salaries by 5 Employees

0 - 5 years exp.

₹1.8 Lakh - ₹2.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

35% less than the average Sales Executive/Officer Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Executive/Officer Salary 0 - 3 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.7 L/yr
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Sales & Business Development Sales Executive/Officer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.5 L/yr

Last Updated: 7 Nov 2023

Companies similar to Shriram Life Insurance for Sales Executive/Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Sales Executive/Officer Salary 6 years exp. (5 salaries)	₹3 L/yr - ₹3.8 L/yr 58% more
Canara HSBC Life Insurance Sales Executive/Officer Salary 1 - 10 years exp. (50 salaries)	₹3.5 L/yr - ₹5 L/yr 94% more
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HDB Financial Services Sales Executive/Officer Salary 0 - 6 years exp. (16 salaries)	₹1.6 L/yr - ₹3 L/yr 5% less
Bajaj Finserv Sales Executive/Officer Salary 2 - 6 years exp. (9 salaries)	₹1.5 L/yr - ₹2.8 L/yr 4% less
Parle Products Sales Executive/Officer Salary 18 years exp. (9 salaries)	₹3 L/yr - ₹7.1 L/yr 135% more

Sales Executive/Officer salary at Shriram Life Insurance ranges between ₹1.8 Lakh to ₹2.7 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Sales Executive/Officer salaries

Last Updated: 7 Nov 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.5 L/yr
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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2 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.5 L/yr

View all

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Salary related reviews for Shriram Life Insurance

5.0

Rated by 1 employees for salary & benefits

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

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

Customer Service Executive in Hyderabad / Secunderabad

Other Department

5.0

• posted on 04 May 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture.and supportive our team n management. There is a huge cafeteria n gaming arcade for chillin on very weekend . Company policies are good appraisal are good n fair n they offer good package with insensitive with every year I liked to be one of the part the company thanks

Salary - Good

+5 more

Dislikes

There is a lots of politics in management and it's doesn't address our issues. Salary is good but growth is slow. There is training but not much going for new joiners

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

Customer Relationship Executive in Hyderabad / Secunderabad

Sales & Operations Department

1.0

• posted on 05 Feb 2021

1.0

for Salary and Benefits

Likes

Shriram life insurance is a worst company to work. I'm totally waiste 3.6 years valuable time in this fraud company. Hr team is very lazy. Salaries are very low. They are not given proper information about their life insurance products to customer. I will not recommend to join this fraud company.

Dislikes

Least salary structure. Irresponsible hr team. No Job security.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

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 Sales Executive/Officer Salary FAQs

What is the salary of Sales Executive/Officer at Shriram Life Insurance ?

The average salary of a Sales Executive/Officer at Shriram Life Insurance in India typically ranges from ₹1.8 Lakhs to ₹2.7 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Sales Executive/Officer at Shriram Life Insurance earn more than ₹2.7 Lakhs per year, and the top 1% earn over ₹2.7 Lakhs per year. Sales Executive/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 5 Shriram Life Insurance employees in India.

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

The estimated take-home salary of a Sales Executive/Officer at Shriram Life Insurance in India typically ranges from ₹15,422 to ₹17,026 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹2.7 Lakhs per year for employees with experience ranging from Fresher to 5 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 5 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 Sales Executive/Officer in India?

Parle Products	₹3.0 Lakhs to ₹7.1 Lakhs per year
Canara HSBC Life Insurance	₹3.5 Lakhs to ₹5.0 Lakhs per year
HDFC Ergo General Insurance	₹3.0 Lakhs to ₹3.8 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 Sales Executive/Officer in companies similar to Shriram Life Insurance in India?

The salary of a Sales Executive/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:

Bajaj Finserv	₹1.5 Lakhs to ₹2.8 Lakhs per year
HDB Financial Services	₹1.6 Lakhs to ₹3.0 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 Sales Executive/Officer at Shriram Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹2.2 Lakhs to ₹4.5 Lakhs per year
1 year	₹2.2 Lakhs to ₹2.8 Lakhs per year
2 years	₹0.9 Lakhs to ₹2.5 Lakhs per year
3 years	₹1.8 Lakhs to ₹2.7 Lakhs per year

and so on.

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Shriram Life Insurance Sales Executive/Officer Salaries

Shriram Life Insurance Sales Executive/Officer salary in India ranges between ₹1.8 Lakh to ₹2.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.