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Shriram Life Insurance Sales Manager salaries in India (Updated 2025)

Annual salary range
0 - 7 years exp.
₹1.7 Lakh - ₹7 Lakhs
Salary of majority employees
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Fixed (100%)
₹3.1 Lakhs
Variable (0%)
₹0.0
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55% less than the average Sales Manager Salary in Insurance Companies for 0 - 7 years of experience

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Salaries in different departments

Sales & Business Development
Sales Manager Salary
0 - 7 years exp. (31 salaries)
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₹2 L/yr - ₹7 L/yr

BFSI, Investments & Trading
Sales Manager Salary
0 - 6 years exp. (23 salaries)
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₹1.7 L/yr - ₹3.2 L/yr

Customer Success, Service & Operations
Sales Manager Salary
0 - 4 years exp. (10 salaries)
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₹1.8 L/yr - ₹5 L/yr

Marketing & Communication
Sales Manager Salary
1 - 7 years exp. (10 salaries)
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₹2.1 L/yr - ₹6.5 L/yr

Finance & Accounting
Sales Manager Salary
1 - 3 years exp. (4 salaries)
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₹2 L/yr - ₹3.1 L/yr

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Last Updated: 19 Mar 2025

Companies similar to Shriram Life Insurance for Sales Manager

Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹10.6 L/yr

arrow icon 118% more
20 job openings
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HDFC Life Sales Manager Salary

0 - 11 years exp. (699 salaries)

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₹1.6 L/yr - ₹7.5 L/yr

arrow icon 52% more
5 job openings
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Axis Max Life Insurance Sales Manager Salary

0 - 10 years exp. (613 salaries)

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₹2.7 L/yr - ₹6.2 L/yr

arrow icon 45% more
5 job openings
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₹2 L/yr - ₹11.4 L/yr

arrow icon 112% more
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₹2 L/yr - ₹5.8 L/yr

arrow icon 40% more
11 job openings
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₹1.8 L/yr - ₹7 L/yr

arrow icon 46% more
57 job openings
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₹2.6 L/yr - ₹5.1 L/yr

arrow icon 29% more
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HDFC Ergo General Insurance Sales Manager Salary

0 - 10 years exp. (283 salaries)

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₹2.4 L/yr - ₹7.7 L/yr

arrow icon 38% more
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₹1.5 L/yr - ₹5 L/yr

arrow icon 3% less
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₹0.6 L/yr - ₹6 L/yr

arrow icon 1% less
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₹2.2 L/yr - ₹10.5 L/yr

arrow icon 97% more
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₹1.6 L/yr - ₹7 L/yr

arrow icon 10% more
17 job openings
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Tata AIA Life Insurance Sales Manager Salary

4 - 11 years exp. (189 salaries)

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₹2.4 L/yr - ₹8.9 L/yr

arrow icon 83% more
3 job openings
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PNB MetLife Sales Manager Salary

1 - 9 years exp. (153 salaries)

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₹2 L/yr - ₹8 L/yr

arrow icon 22% more
104 job openings
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SBI Life Insurance Company Sales Manager Salary

0 - 10 years exp. (87 salaries)

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₹1.2 L/yr - ₹5.6 L/yr

arrow icon 12% more
1 job opening
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MetLife Sales Manager Salary

1 - 7 years exp. (22 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 3% more
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SBI General Insurance Sales Manager Salary

1 - 11 years exp. (19 salaries)

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₹2 L/yr - ₹6.2 L/yr

arrow icon 35% more
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₹3.6 L/yr - ₹6.5 L/yr

arrow icon 39% more
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₹3.3 L/yr - ₹4.3 L/yr

arrow icon 16% more
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AIG Sales Manager Salary

1 - 5 years exp. (4 salaries)

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₹5.6 L/yr - ₹6.3 L/yr

arrow icon 88% more
Sales Manager salary at Shriram Life Insurance ranges between ₹1.7 Lakh to ₹7 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 112 latest salaries received from various employees of Shriram Life Insurance.

Latest annual salaries shared by Shriram Life Insurance Sales Manager

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Experience wise Shriram Life Insurance Sales Manager salaries

Last Updated: 19 Mar 2025

Experience Avg Annual Salary
Fresher  (8 salaries)

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₹2.1 L/yr - ₹3.8 L/yr
1 year  (18 salaries)

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₹1.8 L/yr - ₹4 L/yr
2 years  (19 salaries)

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₹1.8 L/yr - ₹4.1 L/yr
3 years  (19 salaries)

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₹2 L/yr - ₹5 L/yr
4 years  (19 salaries)

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₹2 L/yr - ₹4.5 L/yr
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Similar Designation salaries in Shriram Life Insurance

Store Manager Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Area Manager Salary
(44 salaries)
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₹3.7 L/yr - ₹11 L/yr
Branch Manager Salary
(92 salaries)
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₹2.2 L/yr - ₹9.5 L/yr
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₹1.8 L/yr - ₹6 L/yr
Sales Officer Salary
(32 salaries)
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₹1.32 L/yr - ₹3.4 L/yr
Deputy Manager Salary
(44 salaries)
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₹4 L/yr - ₹10 L/yr
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₹3 L/yr - ₹5 L/yr
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₹2.5 L/yr - ₹8 L/yr
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₹2.5 L/yr - ₹4.4 L/yr
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₹8 L/yr - ₹22 L/yr

Top skills at Shriram Life Insurance for Sales Manager

Life Insurance Sales Corporate Sales Direct Sales Sales Management Bfsi Sales Salesforce Insurance Sales Banking Sales Sales Management Field Sales Marketing

Salary related reviews for Shriram Life Insurance

3.6

Rated by 48 employees for salary & benefits

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

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.

read more
  • Salary - Bad
  • +6 more

BFSI, Investments & Trading Department

4.0
  •  posted on 31 Jul 2020

3.0
 for  Salary and Benefits

Likes

Work culture here is pretty flexible which allows people to work at their own pace and conviniece. Company is not very aggresive in nature and has indeed helped all their junior and mid level employees by providing full compensation during lockdown. When it comes to management, they are bit shaken after covid...making drastic changes which is not welcomed by many.

read more
  • Job security - Good
  • +2 more

Dislikes

Weak management. Worst paymaster in the industry and despite this they foucs immenly on cost cutting. Poor office infrastructure (branhces) expect the head office.

read more
  • Promotions - Poor

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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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
see more salary related reviews

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Shriram Life Insurance Sales Manager Salary FAQs

What is the salary of Sales Manager at Shriram Life Insurance ?
The average salary of a Sales Manager at Shriram Life Insurance in India typically ranges from ₹1.7 Lakhs to ₹7.0 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Sales Manager at Shriram Life Insurance earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹6.7 Lakhs per year. Sales Manager 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 100+ Shriram Life Insurance employees in India.
What is the estimated take home salary of a Sales Manager at Shriram Life Insurance in India?
The estimated take-home salary of a Sales Manager at Shriram Life Insurance in India typically ranges from ₹22,676 to ₹24,149 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from Fresher to 7 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 100+ salaries received from various employees of Shriram Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Sales Manager at Shriram Life Insurance ?
To be a Sales Manager at Shriram Life Insurance in india, the key skills required include:

  • - Life Insurance
  • - Sales
  • - Corporate Sales
  • - Direct Sales
  • - Sales Management

These skills are highly valued at Shriram Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Shriram Life Insurance for Sales Manager in India?
ICICI Prudential Life Insurance ₹2.5 Lakhs to ₹10.6 Lakhs per year
ICICI Lombard General Insurance Company ₹2.0 Lakhs to ₹11.4 Lakhs per year
Aditya Birla Sun Life Insurance ₹2.2 Lakhs to ₹10.5 Lakhs per year
AIG ₹5.6 Lakhs to ₹6.3 Lakhs per year
Tata AIA Life Insurance ₹2.4 Lakhs to ₹8.9 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 Manager in companies similar to Shriram Life Insurance in India?
The salary of a Sales Manager at companies similar to Shriram Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life ₹1.6 Lakhs to ₹7.5 Lakhs per year
Bajaj Allianz General Insurance ₹1.8 Lakhs to ₹7.0 Lakhs per year
Axis Max Life Insurance ₹2.7 Lakhs to ₹6.2 Lakhs per year
Kotak Mahindara Life Insurance ₹2.0 Lakhs to ₹5.8 Lakhs per year
Life Insurance Corporation of India ₹3.6 Lakhs to ₹6.5 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 Manager at Shriram Life Insurance in India?
The salary growth for a Sales Manager at Shriram Life Insurance depends on factors such as experience, performance, and promotions. On average, a Sales Manager can expect the following growth trajectory at Shriram Life Insurance:

Experience Average Salary Range
Fresher ₹2.1 Lakhs to ₹3.8 Lakhs per year
1 year ₹1.8 Lakhs to ₹4.0 Lakhs per year
2 years ₹1.8 Lakhs to ₹4.1 Lakhs per year
3 years ₹2.0 Lakhs to ₹5.0 Lakhs per year
and so on.

Tell us how to improve this page.

Shriram Life Insurance Sales Manager salary in India ranges between ₹1.7 Lakh to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 112 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.