Shriram Life Insurance Senior Unit Manager Salaries by 3 Employees (Updated 2025)

1 - 4 years exp.

₹3 Lakhs - ₹4.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

71% less than the average Senior Unit Manager Salary in Insurance Companies for 1 - 4 years of experience

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Last Updated: 21 Feb 2025

Companies similar to Shriram Life Insurance for Senior Unit Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Senior Unit Manager Salary 3 - 8 years exp. (6 salaries)	₹5.1 L/yr - ₹7.2 L/yr 66% more
Aditya Birla Sun Life Insurance Senior Unit Manager Salary 1 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹2.6 L/yr 37% less
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SBI Life Insurance Company Senior Unit Manager Salary 3 - 13 years exp. (5 salaries)	₹3.1 L/yr - ₹6.6 L/yr 28% more
MetLife Senior Unit Manager Salary 9 - 15 years exp. (4 salaries)	₹17 L/yr - ₹28 L/yr 491% more
Bajaj Finserv Senior Unit Manager Salary 3 - 11 years exp. (308 salaries)	₹6.7 L/yr - ₹24.7 L/yr 334% more

Senior Unit Manager salary at Shriram Life Insurance ranges between ₹3 Lakhs to ₹4.3 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Senior Unit Manager salaries

Last Updated: 21 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
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4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

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Top skills at Shriram Life Insurance for Senior Unit Manager

Bfsi Sales Salesforce

Salary related reviews for Shriram Life Insurance

2.0

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

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

Accounts Receivable Executive in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

5.0

• posted on 02 May 2023

4.0

for Salary and Benefits

Likes

I like the work culture and friendly environment with each and every single people and cultural activities are good.

Salary - Good

+6 more

Dislikes

Salaries are less compared to other companies, so push HR in starting itself for ur salary and salary deductions are high these are he dislikes. I felt !

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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 Senior Unit Manager Salary FAQs

How the salary growth look like for a Senior Unit Manager at Shriram Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹2.7 Lakhs to ₹3.5 Lakhs per year
2 years	₹3.9 Lakhs to ₹4.9 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Shriram Life Insurance Senior Unit Manager Salaries

Shriram Life Insurance Senior Unit Manager salary in India ranges between ₹3 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.