Shriram Life Insurance SM Salaries by 3 Employees (Updated 2024)

3 - 7 years exp.

₹2.3 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

68% less than the average SM Salary in Insurance Companies for 3 - 7 years of experience

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Salaries in different departments

Finance & Accounting SM Salary 7 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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Sales & Business Development SM Salary 5 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr

Last Updated: 17 Dec 2024

Companies similar to Shriram Life Insurance for SM

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance SM Salary 2 - 4 years exp. (3 salaries)	₹6.5 L/yr - ₹7.1 L/yr 165% more
HDFC Life SM Salary 1 - 9 years exp. (8 salaries)	₹3.8 L/yr - ₹5.3 L/yr 62% more
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Max Life Insurance SM Salary 1 - 10 years exp. (10 salaries)	₹3.1 L/yr - ₹5.5 L/yr 65% more
Bajaj Allianz Life Insurance SM Salary 0 - 6 years exp. (11 salaries)	₹2 L/yr - ₹3.5 L/yr 5% more
Kotak Mahindara Life Insurance SM Salary 2 - 6 years exp. (14 salaries)	₹3.3 L/yr - ₹4.5 L/yr 43% more
Reliance Nippon Life Insurance SM Salary 1 - 9 years exp. (4 salaries)	₹2.3 L/yr - ₹2.5 L/yr 12% less
PNB MetLife SM Salary 3 - 6 years exp. (5 salaries)	₹2.3 L/yr - ₹4.2 L/yr 20% more
Aditya Birla Health Insurance Co SM Salary 3 - 9 years exp. (9 salaries)	₹3 L/yr - ₹4.5 L/yr 36% more
HDFC Ergo General Insurance SM Salary 0 - 6 years exp. (9 salaries)	₹3.1 L/yr - ₹4.2 L/yr 47% more
ICICI Lombard General Insurance Company SM Salary 2 - 9 years exp. (8 salaries)	₹5.1 L/yr - ₹7 L/yr 142% more
Life Insurance Corporation of India SM Salary 5 - 16 years exp. (4 salaries)	₹3 L/yr - ₹4.8 L/yr 53% more
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Care Health Insurance SM Salary 0 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹2.5 L/yr 16% less

SM salary at Shriram Life Insurance ranges between ₹2.3 Lakhs to ₹3.2 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance SM salaries

Last Updated: 17 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
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5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
7 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹4.6 L/yr

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Salary related reviews for Shriram Life Insurance

5.0

Rated by 1 employees for salary & benefits

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

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.

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

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.

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

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.

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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?

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Shriram Life Insurance SM Salary FAQs

What is the notice period for SM at Shriram Life Insurance?

According to AmbitionBox, 50% of the Shriram Life Insurance SMs reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Shriram Life Insurance SM Salaries

Shriram Life Insurance SM salary in India ranges between ₹2.3 Lakhs to ₹3.2 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.