Shriram Life Insurance Team Manager Salaries by 4 Employees (Updated 2025)

4 - 16 years exp.

₹2.5 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

49% less than the average Team Manager Salary in Insurance Companies for 4 - 16 years of experience

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Salaries in different departments

Marketing & Communication Team Manager Salary 4 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
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Sales & Business Development Team Manager Salary 8 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.9 L/yr

Last Updated: 1 Feb 2025

Companies similar to Shriram Life Insurance for Team Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Team Manager Salary 1 - 8 years exp. (12 salaries)	₹3.8 L/yr - ₹9.6 L/yr 6% more
HDFC Life Team Manager Salary 1 - 10 years exp. (28 salaries)	₹3.5 L/yr - ₹7.3 L/yr 14% less
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SBI Life Insurance Company Team Manager Salary 3 - 19 years exp. (9 salaries)	₹7.5 L/yr - ₹20.7 L/yr 52% more
Max Life Insurance Team Manager Salary 6 - 13 years exp. (9 salaries)	₹5.7 L/yr - ₹11.3 L/yr 41% more
Bajaj Allianz Life Insurance Team Manager Salary 0 - 10 years exp. (13 salaries)	₹2.2 L/yr - ₹9.8 L/yr 14% less
Kotak Mahindara Life Insurance Team Manager Salary 0 - 7 years exp. (12 salaries)	₹1.2 L/yr - ₹7.5 L/yr 36% less
Reliance Nippon Life Insurance Team Manager Salary 4 - 13 years exp. (5 salaries)	₹3.5 L/yr - ₹6.9 L/yr 45% less
Aditya Birla Sun Life Insurance Team Manager Salary 5 - 11 years exp. (4 salaries)	₹5.5 L/yr - ₹8 L/yr 14% less
PNB MetLife Team Manager Salary 0 - 11 years exp. (7 salaries)	₹4.1 L/yr - ₹9 L/yr 7% less	1 job opening
Tata AIA Life Insurance Team Manager Salary 4 - 15 years exp. (9 salaries)	₹4 L/yr - ₹16.7 L/yr 24% more
Gallagher Team Manager Salary 7 - 14 years exp. (211 salaries)	₹4.3 L/yr - ₹15 L/yr 9% more
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ICICI Lombard General Insurance Company Team Manager Salary 2 - 16 years exp. (20 salaries)	₹2.5 L/yr - ₹11 L/yr 9% less
Star Health & Allied Insurance Team Manager Salary 1 - 8 years exp. (17 salaries)	₹3 L/yr - ₹7.8 L/yr 43% less
HDFC Ergo General Insurance Team Manager Salary 2 - 10 years exp. (11 salaries)	₹5.8 L/yr - ₹12 L/yr 8% less
Bajaj Allianz General Insurance Team Manager Salary 2 - 13 years exp. (10 salaries)	₹2.8 L/yr - ₹12 L/yr 15% less
MetLife Team Manager Salary 5 - 15 years exp. (10 salaries)	₹6 L/yr - ₹19.8 L/yr 77% more
Marsh Team Manager Salary 4 - 15 years exp. (8 salaries)	₹7.8 L/yr - ₹24.8 L/yr 119% more
SBI General Insurance Team Manager Salary 0 - 7 years exp. (7 salaries)	₹3.2 L/yr - ₹11.6 L/yr 16% less
AIG Team Manager Salary 5 - 13 years exp. (5 salaries)	₹11.5 L/yr - ₹30 L/yr 126% more
Principal Global Services Team Manager Salary 10 - 15 years exp. (4 salaries)	₹11 L/yr - ₹29.3 L/yr 140% more

View all

Team Manager salary at Shriram Life Insurance ranges between ₹2.5 Lakhs to ₹14 Lakhs per year for employees with experience between 4 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Team Manager salaries

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
7 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
15+ years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr

Similar Designation salaries in Shriram Life Insurance

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Program Manager Salary

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(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

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₹4 L/yr - ₹10 L/yr

Team Lead Salary

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₹2.4 L/yr - ₹5.5 L/yr

Project Manager Salary

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₹8 L/yr - ₹18 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Cluster Manager Salary

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₹3.8 L/yr - ₹6.5 L/yr

Operations Manager Salary

(6 salaries)

₹2.6 L/yr - ₹10.13 L/yr

Salary related reviews for Shriram Life Insurance

4.9

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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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Shriram Life Insurance Team Manager Salary FAQs

What is the salary of Team Manager at Shriram Life Insurance?

Team Manager salary at Shriram Life Insurance in India ranges between ₹2.5 Lakhs to ₹14.0 Lakhs for experience between 4 years to 16 years. According to our estimates it is 49% less than the average Team Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Shriram Life Insurance India.

How does the salary of a Team Manager at Shriram Life Insurance India compare with the average salary range for this job?

The average salary of a Team Manager at Shriram Life Insurance is 49% less than the average salary of a Team Manager in India. To know exact salary insights, login to view.

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

AXA Team Manager Salary - ₹25.0 Lakhs to ₹30.0 Lakhs per year
Allianz Team Manager Salary - ₹5.8 Lakhs to ₹29.6 Lakhs per year
Principal Global Services Team Manager Salary - ₹11.0 Lakhs to ₹29.3 Lakhs per year
AIG Team Manager Salary - ₹11.5 Lakhs to ₹30.0 Lakhs per year
Marsh Team Manager Salary - ₹7.8 Lakhs to ₹24.8 Lakhs per year

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

MetLife Team Manager Salary - ₹6.0 Lakhs to ₹19.8 Lakhs per year
SBI Life Insurance Company Team Manager Salary - ₹7.5 Lakhs to ₹20.7 Lakhs per year
Max Life Insurance Team Manager Salary - ₹5.7 Lakhs to ₹11.3 Lakhs per year
Aditya Birla Health Insurance Co Team Manager Salary - ₹6.5 Lakhs to ₹16.2 Lakhs per year
Tata AIA Life Insurance Team Manager Salary - ₹4.0 Lakhs to ₹16.7 Lakhs per year

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

The estimated take-home salary of a Team Manager at Shriram Life Insurance ranges between ₹58,773 per month to ₹60,255 per month in India. The take-home salary calculation is based on the average Shriram Life Insurance Team Manager salary in India which ranges between ₹2.5 Lakhs to ₹14.0 Lakhs per year for employees with experience between 4 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Team Manager at Shriram Life Insurance?

According to AmbitionBox, 50% of the Shriram Life Insurance Team Managers reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Shriram Life Insurance Team Manager Salaries

Shriram Life Insurance Team Manager salary in India ranges between ₹2.5 Lakhs to ₹14 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.