Shriram Life Insurance Senior Business Development Manager Salaries by 7 Employees (Updated 2025)

1 - 7 years exp.

₹2.7 Lakhs - ₹4.2 Lakhs

Low Confidence

Salary of majority employees

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67% less than the average Senior Business Development Manager Salary in Insurance Companies for 1 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Business Development Manager Salary 2 - 5 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹3.8 L/yr
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Sales & Business Development Senior Business Development Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹4.2 L/yr

Last Updated: 21 Nov 2024

Companies similar to Shriram Life Insurance for Senior Business Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Business Development Manager Salary 1 - 8 years exp. (11 salaries)	Unlock ₹2.8 L/yr - ₹6 L/yr 10% more
HDFC Life Senior Business Development Manager Salary 1 - 10 years exp. (4 salaries)	Unlock ₹3 L/yr - ₹5 L/yr 10% more
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SBI Life Insurance Company Senior Business Development Manager Salary 5 - 13 years exp. (207 salaries)	Unlock ₹3.4 L/yr - ₹8.5 L/yr 59% more
Max Life Insurance Senior Business Development Manager Salary 4 - 18 years exp. (14 salaries)	Unlock ₹5.3 L/yr - ₹8.2 L/yr 78% more	1 job opening
Bajaj Allianz Life Insurance Senior Business Development Manager Salary 1 - 12 years exp. (198 salaries)	Unlock ₹4 L/yr - ₹6.8 L/yr 26% more
Kotak Mahindara Life Insurance Senior Business Development Manager Salary 4 - 9 years exp. (8 salaries)	Unlock ₹3.6 L/yr - ₹6.5 L/yr 50% more
Reliance Nippon Life Insurance Senior Business Development Manager Salary 4 - 15 years exp. (4 salaries)	Unlock ₹4.4 L/yr - ₹8.2 L/yr 52% more
Aditya Birla Sun Life Insurance Senior Business Development Manager Salary 4 - 15 years exp. (5 salaries)	Unlock ₹10.5 L/yr - ₹13 L/yr 218% more
PNB MetLife Senior Business Development Manager Salary 4 - 16 years exp. (8 salaries)	Unlock ₹5 L/yr - ₹7.8 L/yr 62% more
SBI General Insurance Senior Business Development Manager Salary 3 - 12 years exp. (171 salaries)	Unlock ₹3.4 L/yr - ₹8 L/yr 49% more	1 job opening
ICICI Lombard General Insurance Company Senior Business Development Manager Salary 3 - 15 years exp. (39 salaries)	Unlock ₹3.8 L/yr - ₹14 L/yr 150% more
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Bajaj Allianz General Insurance Senior Business Development Manager Salary 0 - 8 years exp. (10 salaries)	Unlock ₹4.5 L/yr - ₹5.8 L/yr 31% more
Aditya Birla Health Insurance Co Senior Business Development Manager Salary 1 - 13 years exp. (4 salaries)	Unlock ₹4.2 L/yr - ₹12 L/yr 137% more

Senior Business Development Manager salary at Shriram Life Insurance ranges between ₹2.7 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 7 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Senior Business Development Manager salaries

Last Updated: 21 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹6.6 L/yr
2 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹6.6 L/yr
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3 years (AmbitionBox Estimate)	Unlock ₹1.5 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹1.5 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹3.3 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹6.6 L/yr

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Salary related reviews for Shriram Life Insurance

4.0

Rated by 1 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

Territory Manager in New Delhi

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.

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.

Promotions - Poor

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

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Shriram Life Insurance Senior Business Development Manager Salary FAQs

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

Senior Business Development Manager salary at Shriram Life Insurance in India ranges between ₹2.7 Lakhs to ₹4.2 Lakhs for experience between 1 years to 7 years. According to our estimates it is 67% less than the average Senior Business 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 Senior Business Development Manager at Shriram Life Insurance India compare with the average salary range for this job?

The average salary of a Senior Business Development Manager at Shriram Life Insurance is 67% less than the average salary of a Senior Business Development Manager in India. To know exact salary insights, login to view.

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

Aditya Birla Sun Life Insurance Senior Business Development Manager Salary - ₹10.5 Lakhs to ₹13.0 Lakhs per year
ICICI Lombard General Insurance Company Senior Business Development Manager Salary - ₹3.8 Lakhs to ₹14.0 Lakhs per year
Aditya Birla Health Insurance Co Senior Business Development Manager Salary - ₹4.2 Lakhs to ₹12.0 Lakhs per year
Max Life Insurance Senior Business Development Manager Salary - ₹5.3 Lakhs to ₹8.2 Lakhs per year
PNB MetLife Senior Business Development Manager Salary - ₹5.0 Lakhs to ₹7.8 Lakhs per year

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

SBI Life Insurance Company Senior Business Development Manager Salary - ₹3.4 Lakhs to ₹8.5 Lakhs per year
Reliance Nippon Life Insurance Senior Business Development Manager Salary - ₹4.4 Lakhs to ₹8.2 Lakhs per year
Kotak Mahindara Life Insurance Senior Business Development Manager Salary - ₹3.6 Lakhs to ₹6.5 Lakhs per year
SBI General Insurance Senior Business Development Manager Salary - ₹3.4 Lakhs to ₹8.0 Lakhs per year
Bajaj Allianz General Insurance Senior Business Development Manager Salary - ₹4.5 Lakhs to ₹5.8 Lakhs per year

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

The estimated take-home salary of a Senior Business Development Manager at Shriram Life Insurance ranges between ₹26,928 per month to ₹28,338 per month in India. The take-home salary calculation is based on the average Shriram Life Insurance Senior Business Development Manager salary in India which ranges between ₹2.7 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Senior Business Development Manager at Shriram Life Insurance?

According to AmbitionBox, 63% of the Shriram Life Insurance Senior Business Development Managers reported a notice period of 15 days or less, 37% reported a notice period of 1 Month.This is based on 16 responses on AmbitionBox in last 2 years.

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Shriram Life Insurance Senior Business Development Manager Salaries

Shriram Life Insurance Senior Business Development Manager salary in India ranges between ₹2.7 Lakhs to ₹4.2 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.