Shriram Life Insurance State Business Head Salaries by 4 Employees (Updated 2025)

16 - 18 years exp.

₹12 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

27% less than the average State Business Head Salary in Insurance Companies for 16 - 18 years of experience

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Salaries in different departments

Sales & Business Development State Business Head Salary 16 - 18 years exp. (3 salaries)	₹12 L/yr - ₹13.5 L/yr
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BFSI, Investments & Trading State Business Head Salary 16 years exp. (AmbitionBox Estimate)	₹14.4 L/yr - ₹17.6 L/yr

Last Updated: 18 Jan 2025

Companies similar to Shriram Life Insurance for State Business Head

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance State Business Head Salary 4 - 12 years exp. (5 salaries)	₹7 L/yr - ₹15 L/yr 14% less
Ebix Smartclass Educational Services State Business Head Salary 13 - 23 years exp. (28 salaries)	₹10 L/yr - ₹24 L/yr 17% more
Login to view exact salary
Orange Education State Business Head Salary 7 - 15 years exp. (12 salaries)	₹6 L/yr - ₹10 L/yr 32% less
SYSKA LED Lights State Business Head Salary 18 - 24 years exp. (6 salaries)	₹20.1 L/yr - ₹21 L/yr 56% more
PayPines Financial Services State Business Head Salary 3 - 6 years exp. (6 salaries)	₹7 L/yr - ₹8 L/yr 46% less

State Business Head salary at Shriram Life Insurance ranges between ₹12 Lakhs to ₹16 Lakhs per year for employees with experience between 16 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance State Business Head salaries

Last Updated: 18 Jan 2025

Experience	Avg Annual Salary
15+ years (4 salaries)	₹12 L/yr - ₹16 L/yr
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Similar Designation salaries in Shriram Life Insurance

Business Head Salary

(3 salaries)

₹18.9 L/yr - ₹24.2 L/yr

State Head Salary

(7 salaries)

₹9.07 L/yr - ₹15 L/yr

Sales Head Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Cluster Head Salary

(4 salaries)

₹4.75 L/yr - ₹15 L/yr

Area Business Manager Salary

(7 salaries)

₹2.4 L/yr - ₹7.2 L/yr

Regional Head Salary

(7 salaries)

₹12.5 L/yr - ₹15 L/yr

Business Manager Salary

(62 salaries)

₹3 L/yr - ₹5 L/yr

Regional Business Manager Salary

(AmbitionBox Estimate)

₹14.9 L/yr - ₹19 L/yr

Sales Manager Salary

(112 salaries)

₹1.65 L/yr - ₹7 L/yr

Branch Manager Salary

(91 salaries)

₹2.2 L/yr - ₹9.5 L/yr

Salary related reviews for Shriram Life Insurance

3.5

Rated by 2 employees for salary & benefits

Cluster Manager in Mirzapur

Sales Department

3.0

• posted on 18 Oct 2020

2.0

for Salary and Benefits

Likes

...tly. No appraisal this year. Compensation should be more as per work and labour. Very less salary.

Dislikes

Salary must be at par as per the designation compare to other companies

Salary - Poor

+3 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 !

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Shriram Life Insurance State Business Head Salary FAQs

What is the salary of State Business Head at Shriram Life Insurance ?

The average salary of a State Business Head at Shriram Life Insurance in India typically ranges from ₹12.0 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 16 years to 18 years).

The top 10% of State Business Head at Shriram Life Insurance earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. State Business Head 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 4 Shriram Life Insurance employees in India.

What is the estimated take home salary of a State Business Head at Shriram Life Insurance in India?

The estimated take-home salary of a State Business Head at Shriram Life Insurance in India typically ranges from ₹92,807 to ₹95,296 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 16 years to 18 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 4 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 State Business Head in India?

SYSKA LED Lights	₹20.1 Lakhs to ₹21.0 Lakhs per year
Ebix Smartclass Educational Services	₹10.0 Lakhs to ₹24.0 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 State Business Head in companies similar to Shriram Life Insurance in India?

The salary of a State Business Head 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 Allianz General Insurance	₹7.0 Lakhs to ₹15.0 Lakhs per year
Orange Education	₹6.0 Lakhs to ₹10.0 Lakhs per year
PayPines Financial Services	₹7.0 Lakhs to ₹8.0 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 State Business Head at Shriram Life Insurance in India?

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

Experience	Average Salary Range
15 years	₹12.0 Lakhs to ₹16.0 Lakhs per year

and so on.

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Shriram Life Insurance State Business Head Salaries

Shriram Life Insurance State Business Head salary in India ranges between ₹12 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.