Shriram Life Insurance Unit Manager Salaries by 30+ Employees (Updated 2025)

0 - 8 years exp.

₹2 Lakhs - ₹4.3 Lakhs

Salary of majority employees

54% less than the average Unit Manager Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

Sales & Business Development Unit Manager Salary 0 - 7 years exp. (8 salaries)	₹2.1 L/yr - ₹3.5 L/yr
Marketing & Communication Unit Manager Salary 0 - 4 years exp. (6 salaries)	₹2.2 L/yr - ₹3.6 L/yr
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BFSI, Investments & Trading Unit Manager Salary 0 - 6 years exp. (5 salaries)	₹2.4 L/yr - ₹3 L/yr
Customer Success, Service & Operations Unit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3 L/yr
Administration & Facilities Unit Manager Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹3.2 L/yr

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Last Updated: 12 Feb 2025

Companies similar to Shriram Life Insurance for Unit Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Unit Manager Salary 0 - 5 years exp. (550 salaries)	₹1.1 L/yr - ₹4.5 L/yr 10% more	33 job openings
HDFC Life Unit Manager Salary 1 - 12 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr 4% less
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SBI Life Insurance Company Unit Manager Salary 0 - 10 years exp. (117 salaries)	₹2 L/yr - ₹4.3 L/yr 1% less
Axis Max Life Insurance Unit Manager Salary 1 - 12 years exp. (4 salaries)	₹3.5 L/yr - ₹11.5 L/yr 156% more
Bajaj Allianz Life Insurance Unit Manager Salary 0 - 10 years exp. (5 salaries)	₹2.5 L/yr - ₹5.5 L/yr 55% more
Kotak Mahindara Life Insurance Unit Manager Salary 4 - 7 years exp. (4 salaries)	₹3.2 L/yr - ₹6.5 L/yr 95% more
PNB MetLife Unit Manager Salary 1 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹3.8 L/yr 12% more
Tata AIA Life Insurance Unit Manager Salary 0 - 6 years exp. (4 salaries)	₹2 L/yr - ₹6.8 L/yr 22% more
MetLife Unit Manager Salary 6 - 17 years exp. (348 salaries)	₹10.5 L/yr - ₹40 L/yr 748% more	1 job opening
ICICI Lombard General Insurance Company Unit Manager Salary 1 - 9 years exp. (109 salaries)	₹3 L/yr - ₹7 L/yr 82% more
Aditya Birla Health Insurance Co Unit Manager Salary 0 - 6 years exp. (95 salaries)	₹2.1 L/yr - ₹3.2 L/yr 3% less
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SBI General Insurance Unit Manager Salary 4 - 10 years exp. (7 salaries)	₹3.9 L/yr - ₹6.7 L/yr 74% more
HDFC Ergo General Insurance Unit Manager Salary 2 - 6 years exp. (6 salaries)	₹2.1 L/yr - ₹3.5 L/yr 5% more
Life Insurance Corporation of India Unit Manager Salary 1 - 27 years exp. (4 salaries)	₹1.8 L/yr - ₹5.5 L/yr 24% more
Star Health & Allied Insurance Unit Manager Salary 6 - 9 years exp. (4 salaries)	₹2.9 L/yr - ₹4 L/yr 21% more

Unit Manager salary at Shriram Life Insurance ranges between ₹2 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 35 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Unit Manager salaries

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
Fresher (5 salaries)	₹2 L/yr - ₹3 L/yr
1 year (7 salaries)	₹2.1 L/yr - ₹3.6 L/yr
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2 years (3 salaries)	₹2.2 L/yr - ₹3 L/yr
3 years (3 salaries)	₹2.5 L/yr - ₹3 L/yr
4 years (4 salaries)	₹2.5 L/yr - ₹3.4 L/yr
5 years (3 salaries)	₹2.4 L/yr - ₹3.2 L/yr
6 years (4 salaries)	₹2.4 L/yr - ₹3.2 L/yr
7 years (3 salaries)	₹1.1 L/yr - ₹4.3 L/yr
8 years (3 salaries)	₹2.3 L/yr - ₹3 L/yr

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Similar Designation salaries in Shriram Life Insurance

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(66 salaries)

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Deputy Manager Salary

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Team Lead Salary

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₹2.4 L/yr - ₹5.5 L/yr

Area Manager Salary

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Customer Care Executive Salary

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Business Development Executive Salary

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₹1.35 L/yr - ₹4 L/yr

MIS Executive Salary

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₹1.9 L/yr - ₹4 L/yr

Operations Executive Salary

(26 salaries)

₹1.5 L/yr - ₹4 L/yr

Customer Service Executive Salary

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₹1.2 L/yr - ₹3.5 L/yr

Senior Executive Operations Salary

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₹2.15 L/yr - ₹4 L/yr

Salary related reviews for Shriram Life Insurance

3.1

Rated by 12 employees for salary & benefits

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

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

Renewal Executive in Egmore

Full Time

Renewal Department

2.0

• posted on 23 Sep 2022

4.0

for Salary and Benefits

Likes

Salary credited on month end without any failed

Salary - Good

+1 more

Dislikes

Terrible environment I’ve been worked here at last 6 months and I’m literally feeling like depressed because nobody talk about anything other than just performance that they need 100% no matter what or else the TL & Assistant manager will make you feel like that you are just the worse person on this earth rather than motivating you. main thing is cases allocated to callers by partiality. The actual shift time should be 9.30 am to 6.30.pm but the TL & Assistant manager will extend the shit to 8.pm also.. it is like a torture & people feel like depressed. In my entire life I can’t see myself suggesting anyone to join this organisation.

Job security - Bad

+2 more

Customer Service Executive in Hyderabad / Secunderabad

Other Department

5.0

• posted on 04 May 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture.and supportive our team n management. There is a huge cafeteria n gaming arcade for chillin on very weekend . Company policies are good appraisal are good n fair n they offer good package with insensitive with every year I liked to be one of the part the company thanks

Salary - Good

+5 more

Dislikes

There is a lots of politics in management and it's doesn't address our issues. Salary is good but growth is slow. There is training but not much going for new joiners

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

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2w (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 Unit Manager Salary FAQs

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

Unit Manager salary at Shriram Life Insurance in India ranges between ₹2.0 Lakhs to ₹4.3 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 54% less than the average Unit Manager Salary in India. Salary estimates are based on 35 latest salaries received from various employees of Shriram Life Insurance India.

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

The average salary of a Unit Manager at Shriram Life Insurance is 54% less than the average salary of a Unit Manager in India. To know exact salary insights, login to view.

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

MetLife Unit Manager Salary - ₹10.5 Lakhs to ₹40.0 Lakhs per year
Axis Max Life Insurance Unit Manager Salary - ₹3.5 Lakhs to ₹11.5 Lakhs per year
Kotak Mahindara Life Insurance Unit Manager Salary - ₹3.2 Lakhs to ₹6.5 Lakhs per year
ICICI Lombard General Insurance Company Unit Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
SBI General Insurance Unit Manager Salary - ₹3.9 Lakhs to ₹6.7 Lakhs per year

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

Bajaj Allianz Life Insurance Unit Manager Salary - ₹2.5 Lakhs to ₹5.5 Lakhs per year
Life Insurance Corporation of India Unit Manager Salary - ₹1.8 Lakhs to ₹5.5 Lakhs per year
Tata AIA Life Insurance Unit Manager Salary - ₹2.0 Lakhs to ₹6.8 Lakhs per year
Star Health & Allied Insurance Unit Manager Salary - ₹2.9 Lakhs to ₹4.0 Lakhs per year
PNB MetLife Unit Manager Salary - ₹2.1 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a Unit Manager at Shriram Life Insurance ranges between ₹19,737 per month to ₹21,404 per month in India. The take-home salary calculation is based on the average Shriram Life Insurance Unit Manager salary in India which ranges between ₹2.0 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 76% of the Shriram Life Insurance Unit Managers reported a notice period of 15 days or less, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 34 responses on AmbitionBox in last 2 years.

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Shriram Life Insurance Unit Manager Salaries by Location

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Shriram Life Insurance Unit Manager Salaries

Shriram Life Insurance Unit Manager salary in India ranges between ₹2 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 35 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.