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

1 - 17 years exp.

₹3.6 Lakhs - ₹16.5 Lakhs

Low Confidence

Salary of majority employees

31% less than the average Unit Head Salary in Insurance Companies for 1 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Unit Head Salary 17 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹15.4 L/yr
Engineering - Software & QA Unit Head Salary 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Sales & Business Development Unit Head Salary 9 years exp. (AmbitionBox Estimate)	₹6.4 L/yr - ₹7.8 L/yr

Last Updated: 25 Feb 2025

Companies similar to Shriram Life Insurance for Unit Head

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Unit Head Salary 1 - 9 years exp. (7 salaries)	₹1.8 L/yr - ₹3.5 L/yr 74% less
HDFC Life Unit Head Salary 5 - 17 years exp. (37 salaries)	₹4.3 L/yr - ₹10.5 L/yr 17% less
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Axis Max Life Insurance Unit Head Salary 7 - 14 years exp. (8 salaries)	₹9.1 L/yr - ₹14 L/yr 9% more
ICICI Lombard General Insurance Company Unit Head Salary 6 - 10 years exp. (4 salaries)	₹5 L/yr - ₹6.2 L/yr 45% less
NoBroker Unit Head Salary 1 - 6 years exp. (296 salaries)	₹0.8 L/yr - ₹6.5 L/yr 53% less

Unit Head salary at Shriram Life Insurance ranges between ₹3.6 Lakhs to ₹16.5 Lakhs per year for employees with experience between 1 year to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Unit Head salaries

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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9 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
15+ years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr

Similar Designation salaries in Shriram Life Insurance

Supervisor Salary

(3 salaries)

₹2 L/yr - ₹2.5 L/yr

Deputy Manager Salary

(44 salaries)

₹4 L/yr - ₹10 L/yr

Head Operations Salary

(AmbitionBox Estimate)

₹36 L/yr - ₹46 L/yr

General Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Operations Manager Salary

(6 salaries)

₹2.6 L/yr - ₹10.13 L/yr

Assistant General Manager Salary

(12 salaries)

₹11 L/yr - ₹21 L/yr

Salary related reviews for Shriram Life Insurance

5.0

Rated by 1 employees for salary & benefits

Relationship Manager in Hyderabad / Secunderabad

Full Time

Strategic & Top Management Department

1.0

• posted on 22 Feb 2025

3.0

for Salary and Benefits

Likes

The only thing I like about Shriram Life insurance is the good incentive and the salary package. That’s it.

Dislikes

The job satisfaction is very poor. I don’t even like to walk there and the top management is very rude and very arrogant. They don’t even understand the situation of an employees few days ago. My father was very serious in the hospital. I have informed the authority that I am taking leave. It was total of five days of leave. Even after I informed, even after I told him that it was an emergency. My father‘s condition is not good. Still there spoke to me very rudely and very arrogantly. Fine, they told me to resign. I mean family emergencies should be considered as Reasonable right thinking to join Shriram Life insurance. I would suggest them to not join if you are totally focused and experienced in life insurance industry. If you have business, if you have clients then okay, you can go for it, but still, you will face such situations.

Skill development - Poor

+4 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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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Shriram Life Insurance Unit Head Salary FAQs

What is the salary of Unit Head at Shriram Life Insurance ?

The average salary of a Unit Head at Shriram Life Insurance in India typically ranges from ₹3.6 Lakhs to ₹16.5 Lakhs per year, depending on experience (from 1 year to 17 years).

The top 10% of Unit Head at Shriram Life Insurance earn more than ₹16.5 Lakhs per year, and the top 1% earn over ₹16.5 Lakhs per year. Unit 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 Unit Head at Shriram Life Insurance in India?

The estimated take-home salary of a Unit Head at Shriram Life Insurance in India typically ranges from ₹74,151 to ₹76,068 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹16.5 Lakhs per year for employees with experience ranging from 1 year to 17 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 Unit Head in India?

Axis Max Life Insurance

₹9.1 Lakhs to ₹14.0 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 Unit Head in companies similar to Shriram Life Insurance in India?

The salary of a Unit 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:

HDFC Life	₹4.3 Lakhs to ₹10.5 Lakhs per year
ICICI Lombard General Insurance Company	₹5.0 Lakhs to ₹6.2 Lakhs per year
NoBroker	₹0.8 Lakhs to ₹6.5 Lakhs per year
ICICI Prudential Life Insurance	₹1.8 Lakhs to ₹3.5 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 Unit Head at Shriram Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹14.9 Lakhs to ₹19.0 Lakhs per year
6 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
9 years	₹6.4 Lakhs to ₹8.2 Lakhs per year
15 years	₹12.6 Lakhs to ₹16.1 Lakhs per year

and so on.

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Shriram Life Insurance Unit Head Salaries

Shriram Life Insurance Unit Head salary in India ranges between ₹3.6 Lakhs to ₹16.5 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.