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Shriram Life Insurance Team Manager salaries in India (Updated 2025)

Annual salary range
4 - 16 years exp.
₹2.5 Lakhs - ₹14 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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52% 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)
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₹2.3 L/yr - ₹2.8 L/yr

Sales & Business Development
Team Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹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
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Gallagher Team Manager Salary

7 - 14 years exp. (210 salaries)

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₹4.3 L/yr - ₹14 L/yr

arrow icon 9% more
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HDFC Life Team Manager Salary

1 - 10 years exp. (28 salaries)

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₹3.5 L/yr - ₹7.3 L/yr

arrow icon 14% less
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₹2.5 L/yr - ₹11 L/yr

arrow icon 9% less
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₹3 L/yr - ₹7.8 L/yr

arrow icon 43% less
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₹2.2 L/yr - ₹11.1 L/yr

arrow icon 13% less
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₹3.8 L/yr - ₹9.6 L/yr

arrow icon 6% more
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MetLife Team Manager Salary

5 - 17 years exp. (12 salaries)

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₹13.7 L/yr - ₹34.4 L/yr

arrow icon 189% more
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HDFC Ergo General Insurance Team Manager Salary

2 - 10 years exp. (12 salaries)

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₹5.8 L/yr - ₹12.4 L/yr

arrow icon 6% less
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₹1.2 L/yr - ₹7.5 L/yr

arrow icon 36% less
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SBI Life Insurance Company Team Manager Salary

3 - 19 years exp. (11 salaries)

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₹7.5 L/yr - ₹15 L/yr

arrow icon 56% more
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₹2.8 L/yr - ₹12 L/yr

arrow icon 15% less
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Axis Max Life Insurance Team Manager Salary

6 - 13 years exp. (9 salaries)

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₹5.7 L/yr - ₹11.3 L/yr

arrow icon 41% more
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Tata AIA Life Insurance Team Manager Salary

4 - 15 years exp. (9 salaries)

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₹4 L/yr - ₹16.7 L/yr

arrow icon 24% more
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Marsh Team Manager Salary

4 - 15 years exp. (8 salaries)

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₹7.8 L/yr - ₹24.8 L/yr

arrow icon 119% more
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SBI General Insurance Team Manager Salary

0 - 7 years exp. (7 salaries)

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₹3.2 L/yr - ₹11.6 L/yr

arrow icon 16% less
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PNB MetLife Team Manager Salary

2 - 11 years exp. (7 salaries)

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₹4 L/yr - ₹15 L/yr

arrow icon 6% more
1 job opening
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₹5.5 L/yr - ₹12.3 L/yr

arrow icon 2% more
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AXA Team Manager Salary

8 - 15 years exp. (5 salaries)

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₹25 L/yr - ₹48 L/yr

arrow icon 307% more
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AIG Team Manager Salary

5 - 14 years exp. (5 salaries)

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₹11.5 L/yr - ₹30 L/yr

arrow icon 126% more
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₹6.9 L/yr - ₹11.5 L/yr

arrow icon 4% less
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.

Latest annual salaries shared by Shriram Life Insurance Team Manager

3d ago
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7 years exp.
8mo ago
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8 years exp.
10mo ago
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4 years exp.
1y ago
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16 years exp.

Experience wise Shriram Life Insurance Team Manager salaries

Last Updated: 1 Feb 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
7 years (AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr
8 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.2 L/yr
15+ years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr

Similar Designation salaries in Shriram Life Insurance

Area Manager Salary
(44 salaries)
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₹3.7 L/yr - ₹11 L/yr
Program Manager Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Branch Manager Salary
(92 salaries)
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₹2.2 L/yr - ₹9.5 L/yr
Deputy Manager Salary
(44 salaries)
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₹4 L/yr - ₹10 L/yr
Team Lead Salary
(52 salaries)
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₹2.4 L/yr - ₹5.5 L/yr
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₹8 L/yr - ₹18 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.2 L/yr
Cluster Manager Salary
(21 salaries)
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₹3.8 L/yr - ₹6.5 L/yr
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₹2.6 L/yr - ₹10.13 L/yr

Salary related reviews for Shriram Life Insurance

4.9

Rated by 2 employees for salary & benefits

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.

read more

Dislikes

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

  • Salary - Poor
  • +3 more

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

read more

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.

read more
  • Salary - Bad
  • +5 more

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.

read more
  • Salary - Bad
  • +6 more

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 !

read more
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Shriram Life Insurance Team Manager Salary FAQs

What is the salary of Team Manager at Shriram Life Insurance ?
The average salary of a Team Manager at Shriram Life Insurance in India typically ranges from ₹2.5 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 4 years to 16 years).

The top 10% of Team Manager at Shriram Life Insurance earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Team Manager 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 Team Manager at Shriram Life Insurance in India?
The estimated take-home salary of a Team Manager at Shriram Life Insurance in India typically ranges from ₹58,773 to ₹60,255 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 4 years to 16 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 Team Manager in India?
AXA ₹25.0 Lakhs to ₹48.0 Lakhs per year
MetLife ₹13.7 Lakhs to ₹34.4 Lakhs per year
Allianz ₹5.8 Lakhs to ₹29.6 Lakhs per year
Principal Global Services ₹11.0 Lakhs to ₹29.3 Lakhs per year
AIG ₹11.5 Lakhs to ₹30.0 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 Team Manager in companies similar to Shriram Life Insurance in India?
The salary of a Team Manager at companies similar to Shriram Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Marsh ₹7.8 Lakhs to ₹24.8 Lakhs per year
SBI Life Insurance Company ₹7.5 Lakhs to ₹15.0 Lakhs per year
Axis Max Life Insurance ₹5.7 Lakhs to ₹11.3 Lakhs per year
Aditya Birla Health Insurance Co ₹6.5 Lakhs to ₹16.2 Lakhs per year
Tata AIA Life Insurance ₹4.0 Lakhs to ₹16.7 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 Team Manager at Shriram Life Insurance in India?
The salary growth for a Team Manager at Shriram Life Insurance depends on factors such as experience, performance, and promotions. On average, a Team Manager can expect the following growth trajectory at Shriram Life Insurance:

Experience Average Salary Range
4 years ₹2.3 Lakhs to ₹2.9 Lakhs per year
7 years ₹12.6 Lakhs to ₹16.1 Lakhs per year
8 years ₹4.8 Lakhs to ₹6.2 Lakhs per year
15 years ₹9.0 Lakhs to ₹11.5 Lakhs per year
and so on.

Tell us how to improve this page.

Shriram Life Insurance Team Manager salary in India ranges between ₹2.5 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.