Shriram Life Insurance Territory Manager Salaries by 9 Employees (Updated 2025)

3 - 10 years exp.

₹3 Lakhs - ₹7.2 Lakhs

Low Confidence

Salary of majority employees

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40% less than the average Territory Manager Salary in Insurance Companies for 3 - 10 years of experience

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Last Updated: 13 Apr 2024

Companies similar to Shriram Life Insurance for Territory Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Territory Manager Salary 7 - 9 years exp. (4 salaries)	Unlock ₹5.5 L/yr - ₹6.2 L/yr 29% more
HDFC Life Territory Manager Salary 9 - 20 years exp. (229 salaries)	Unlock ₹10.9 L/yr - ₹21 L/yr 218% more
Login to view exact salary
SBI Life Insurance Company Territory Manager Salary 4 - 15 years exp. (100 salaries)	Unlock ₹4 L/yr - ₹7 L/yr 20% more
Axis Max Life Insurance Territory Manager Salary 10 - 18 years exp. (39 salaries)	Unlock ₹7.5 L/yr - ₹19 L/yr 199% more
Bajaj Allianz Life Insurance Territory Manager Salary 4 - 20 years exp. (237 salaries)	Unlock ₹3.7 L/yr - ₹8.5 L/yr 41% more
Reliance Nippon Life Insurance Territory Manager Salary 5 - 17 years exp. (100 salaries)	Unlock ₹4 L/yr - ₹12 L/yr 59% more
Aditya Birla Sun Life Insurance Territory Manager Salary 2 - 13 years exp. (11 salaries)	Unlock ₹6 L/yr - ₹9 L/yr 54% more
PNB MetLife Territory Manager Salary 3 - 17 years exp. (271 salaries)	Unlock ₹4.5 L/yr - ₹10.3 L/yr 65% more	5 job openings
Tata AIA Life Insurance Territory Manager Salary 5 - 14 years exp. (76 salaries)	Unlock ₹5.5 L/yr - ₹10.5 L/yr 75% more	2 job openings
Bajaj Allianz General Insurance Territory Manager Salary 2 - 14 years exp. (285 salaries)	Unlock ₹2.6 L/yr - ₹8 L/yr 17% more
ICICI Lombard General Insurance Company Territory Manager Salary 1 - 15 years exp. (42 salaries)	Unlock ₹5.6 L/yr - ₹14 L/yr 102% more
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Star Health & Allied Insurance Territory Manager Salary 10 - 20 years exp. (42 salaries)	Unlock ₹7.2 L/yr - ₹17 L/yr 197% more
HDFC Ergo General Insurance Territory Manager Salary 5 - 18 years exp. (18 salaries)	Unlock ₹4 L/yr - ₹10 L/yr 55% more
Life Insurance Corporation of India Territory Manager Salary 7 - 15 years exp. (6 salaries)	Unlock ₹4 L/yr - ₹11.5 L/yr 76% more
MetLife Territory Manager Salary 7 - 14 years exp. (4 salaries)	Unlock ₹6 L/yr - ₹8.7 L/yr 65% more
SBI General Insurance Territory Manager Salary 16 - 20 years exp. (4 salaries)	Unlock ₹5.2 L/yr - ₹9.3 L/yr 39% more

Territory Manager salary at Shriram Life Insurance ranges between ₹3 Lakhs to ₹7.2 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 9 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Territory Manager salaries

Last Updated: 13 Apr 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹7.8 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹3.9 L/yr - ₹5 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	Unlock ₹4.3 L/yr - ₹7.9 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹4.3 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹7.2 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹8.2 L/yr

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Similar Designation salaries in Shriram Life Insurance

Territory Sales Manager Salary

(AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr

Deputy Manager Salary

(44 salaries)

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₹4 L/yr - ₹10 L/yr

Senior Territory Manager Salary

(AmbitionBox Estimate)

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₹7 L/yr - ₹9 L/yr

Area Manager Salary

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₹3.7 L/yr - ₹11 L/yr

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₹1.8 L/yr - ₹6 L/yr

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Senior Sales Manager Salary

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₹2.5 L/yr - ₹8 L/yr

Relationship Manager Salary

(99 salaries)

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₹1.82 L/yr - ₹6.25 L/yr

Senior Territory Sales Manager Salary

(AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr

Team Lead Salary

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₹2.4 L/yr - ₹5.5 L/yr

Top skills at Shriram Life Insurance for Territory Manager

Territory Management Sales Life Insurance Agency Sales Team Handling Cross Selling Business Development Training Policies Distribution Sales Operations Networking Skills Sales Development Branch Handling Direct Sales

Salary related reviews for Shriram Life Insurance

3.6

Rated by 3 employees for salary & benefits

Territory Manager in New Delhi

BFSI, Investments & Trading Department

4.0

• posted on 31 Jul 2020

3.0

for Salary and Benefits

Likes

Work culture here is pretty flexible which allows people to work at their own pace and conviniece. Company is not very aggresive in nature and has indeed helped all their junior and mid level employees by providing full compensation during lockdown. When it comes to management, they are bit shaken after covid...making drastic changes which is not welcomed by many.

Job security - Good

+2 more

Dislikes

Weak management. Worst paymaster in the industry and despite this they foucs immenly on cost cutting. Poor office infrastructure (branhces) expect the head office.

Promotions - Poor

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.

Salary - Bad

+6 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

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Shriram Life Insurance Territory Manager Salary FAQs

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

Territory Manager salary at Shriram Life Insurance in India ranges between ₹3.0 Lakhs to ₹7.2 Lakhs for experience between 3 years to 10 years. According to our estimates it is 40% less than the average Territory Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Shriram Life Insurance India.

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

The average salary of a Territory Manager at Shriram Life Insurance is 40% less than the average salary of a Territory Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Territory Manager at Shriram Life Insurance?

Territory Management, Sales, Life Insurance, Agency Sales and Team Handling are some of the popular skills required to work as a Territory Manager at Shriram Life Insurance India.

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

HDFC Life Territory Manager Salary - ₹10.9 Lakhs to ₹21.0 Lakhs per year
Axis Max Life Insurance Territory Manager Salary - ₹7.5 Lakhs to ₹19.0 Lakhs per year
Star Health & Allied Insurance Territory Manager Salary - ₹7.2 Lakhs to ₹17.0 Lakhs per year
ICICI Lombard General Insurance Company Territory Manager Salary - ₹5.6 Lakhs to ₹14.0 Lakhs per year
Life Insurance Corporation of India Territory Manager Salary - ₹4.0 Lakhs to ₹11.5 Lakhs per year

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

Tata AIA Life Insurance Territory Manager Salary - ₹5.5 Lakhs to ₹10.5 Lakhs per year
MetLife Territory Manager Salary - ₹6.0 Lakhs to ₹8.7 Lakhs per year
PNB MetLife Territory Manager Salary - ₹4.5 Lakhs to ₹10.3 Lakhs per year
Reliance Nippon Life Insurance Territory Manager Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
HDFC Ergo General Insurance Territory Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Territory Manager at Shriram Life Insurance ranges between ₹33,485 per month to ₹34,747 per month in India. The take-home salary calculation is based on the average Shriram Life Insurance Territory Manager salary in India which ranges between ₹3.0 Lakhs to ₹7.2 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Shriram Life Insurance Territory Managers reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Shriram Life Insurance Territory Manager Salaries

Shriram Life Insurance Territory Manager salary in India ranges between ₹3 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.