Star Health & Allied Insurance SRM Manager Salaries by 4 Employees (Updated 2025)

6 - 8 years exp.

₹3 Lakhs - ₹4.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

15% less than the average SRM Manager Salary in Insurance Companies for 6 - 8 years of experience

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Salaries in different departments

Marketing & Communication SRM Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.9 L/yr
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BFSI, Investments & Trading SRM Manager Salary 6 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 8 Mar 2025

Companies similar to Star Health & Allied Insurance for SRM Manager

Company name	Avg Annual Salary	Open Jobs
PNB MetLife SRM Manager Salary 3 - 10 years exp. (39 salaries)	₹3.4 L/yr - ₹5.5 L/yr 13% more
Bajaj Allianz Life Insurance SRM Manager Salary 0 - 8 years exp. (28 salaries)	₹2.5 L/yr - ₹3.5 L/yr 25% less
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HDFC Life SRM Manager Salary 0 - 6 years exp. (12 salaries)	₹3.5 L/yr - ₹3.9 L/yr 10% less
Axis Max Life Insurance SRM Manager Salary 2 - 8 years exp. (9 salaries)	₹3 L/yr - ₹6 L/yr 8% more
Reliance Nippon Life Insurance SRM Manager Salary 1 - 6 years exp. (8 salaries)	₹2.4 L/yr - ₹2.6 L/yr 38% less
ICICI Lombard General Insurance Company SRM Manager Salary 7 - 9 years exp. (8 salaries)	₹5.6 L/yr - ₹6.3 L/yr 47% more
ICICI Prudential Life Insurance SRM Manager Salary 3 - 8 years exp. (6 salaries)	₹3.9 L/yr - ₹5 L/yr At par
Tata AIA Life Insurance SRM Manager Salary 5 - 8 years exp. (5 salaries)	₹3.7 L/yr - ₹6 L/yr 13% more
Bajaj Allianz General Insurance SRM Manager Salary 1 - 8 years exp. (5 salaries)	₹3.5 L/yr - ₹5.7 L/yr 7% more
Kotak Mahindara Life Insurance SRM Manager Salary 1 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹4 L/yr 6% less

SRM Manager salary at Star Health & Allied Insurance ranges between ₹3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Star Health & Allied Insurance.

Experience wise Star Health & Allied Insurance SRM Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
6 years (3 salaries)	₹3 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr

Similar Designation salaries in Star Health & Allied Insurance

Store Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Area Manager Salary

(47 salaries)

₹5.71 L/yr - ₹22 L/yr

Sales Manager Salary

(240 salaries)

₹0.6 L/yr - ₹6 L/yr

Branch Manager Salary

(112 salaries)

₹4 L/yr - ₹11.7 L/yr

Deputy Manager Salary

(207 salaries)

₹2.7 L/yr - ₹9.5 L/yr

Area Sales Manager Salary

(4 salaries)

₹4.8 L/yr - ₹9.5 L/yr

Sales Officer Salary

(50 salaries)

₹1.7 L/yr - ₹3.9 L/yr

Territory Manager Salary

(42 salaries)

₹7.15 L/yr - ₹17 L/yr

Team Lead Salary

(128 salaries)

₹1.45 L/yr - ₹6.05 L/yr

Branch Sales Manager Salary

(4 salaries)

₹1.9 L/yr - ₹7 L/yr

Salary related reviews for Star Health & Allied Insurance

5.0

Rated by 1 employees for salary & benefits

Relationship Manager in Moradabad

Full Time

Sales & Business Development Department

2.0

• posted on 14 Jul 2024

2.0

for Salary and Benefits

Likes

They can do everything to destroy your Career. They can't pay They have their own rules and regulations

Dislikes

Here seniors migrate your business and earns commission/incentives and will eat your job if you raise a voice.

Salary - Poor

+5 more

Deputy Manager in Chennai

Full Time

Healthcare & Life Sciences Department

1.0

• posted on 31 Jan 2023

1.0

for Salary and Benefits

Likes

This section is not suitable for this company.

Dislikes

...o BDS/BAMS/BHMS, they will not regard you and your credentials. HR is atrocious. Stated salary as per bond not provided. There is no work life balance. Keep on insisting to work on Sunday's in the name of roasters.

Salary - Bad

+6 more

Sales Manager in Kishangarh

Full Time

Sales Department

1.0

• posted on 14 Dec 2022

1.0

for Salary and Benefits

Likes

Only salary comes before date.

Dislikes

There is lots of managers who have gang of their own .they do not want to stay new employee.even they behave like mawalis they shouts like animals.such a people i have seen in my life.very pathetic experience i have .

Salary - Bad

+6 more

Relationship Manager in Park Street Kolkata

Full Time

Banca sales Department

1.0

• posted on 17 Jul 2022

1.0

for Salary and Benefits

Likes

It's a very good company for those who are working for a agency channel.

Dislikes

My review best on banca channel:- Salary is very below as per industry standard No growth Very poor Management No work environment

Salary - Bad

+4 more

Sales Manager in Chennai

BFSI, Investments & Trading Department

4.0

• posted on 17 Dec 2021

3.0

for Salary and Benefits

Likes

Job is satisfactory but it is basically strictly target oriented. Only good point is that company provides care and support and timely salary according to market.

Work satisfaction - Excellent

+2 more

Dislikes

All thing is good.. working environment, seniors and colleagues all are very good only drawback from my side is monthly target and unsecured job security.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Star Health & Allied Insurance SRM Manager Salary FAQs

What is the salary of SRM Manager at Star Health & Allied Insurance ?

The average salary of a SRM Manager at Star Health & Allied Insurance in India typically ranges from ₹3.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of SRM Manager at Star Health & Allied Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. SRM Manager Salaries at Star Health & Allied 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 Star Health & Allied Insurance employees in India.

What is the estimated take home salary of a SRM Manager at Star Health & Allied Insurance in India?

The estimated take-home salary of a SRM Manager at Star Health & Allied Insurance in India typically ranges from ₹30,282 to ₹31,593 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 6 years to 8 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 Star Health & Allied Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Star Health & Allied Insurance for SRM Manager in India?

ICICI Lombard General Insurance Company	₹5.6 Lakhs to ₹6.3 Lakhs per year
Tata AIA Life Insurance	₹3.7 Lakhs to ₹6.0 Lakhs per year
PNB MetLife	₹3.4 Lakhs to ₹5.5 Lakhs per year
Axis Max Life Insurance	₹3.0 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz General Insurance	₹3.5 Lakhs to ₹5.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Star Health & Allied Insurance, depending on the role and experience level.

What is the salary of a SRM Manager in companies similar to Star Health & Allied Insurance in India?

The salary of a SRM Manager at companies similar to Star Health & Allied Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance	₹3.9 Lakhs to ₹5.0 Lakhs per year
Kotak Mahindara Life Insurance	₹3.6 Lakhs to ₹4.0 Lakhs per year
HDFC Life	₹3.5 Lakhs to ₹3.9 Lakhs per year
Bajaj Allianz Life Insurance	₹2.5 Lakhs to ₹3.5 Lakhs per year
Reliance Nippon Life Insurance	₹2.4 Lakhs to ₹2.6 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 SRM Manager at Star Health & Allied Insurance in India?

The salary growth for a SRM Manager at Star Health & Allied Insurance depends on factors such as experience, performance, and promotions. On average, a SRM Manager can expect the following growth trajectory at Star Health & Allied Insurance:

Experience	Average Salary Range
6 years	₹3.0 Lakhs to ₹4.5 Lakhs per year
7 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
8 years	₹3.8 Lakhs to ₹4.9 Lakhs per year

and so on.

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Star Health & Allied Insurance SRM Manager Salaries by Location

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Star Health & Allied Insurance SRM Manager Salaries

Star Health & Allied Insurance SRM Manager salary in India ranges between ₹3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Star Health & Allied Insurance latest salaries received from various employees of Star Health & Allied Insurance.

Star Health & Allied Insurance SRM Manager salaries in India (Updated 2025)

Companies similar to Star Health & Allied Insurance for SRM Manager

Latest annual salaries shared by Star Health & Allied Insurance SRM Manager

Experience wise Star Health & Allied Insurance SRM Manager salaries

Similar Designation salaries in Star Health & Allied Insurance

Salary related reviews for Star Health & Allied Insurance

Relationship Manager in Moradabad

Deputy Manager in Chennai

Sales Manager in Kishangarh

Relationship Manager in Park Street Kolkata

Sales Manager in Chennai

Star Health & Allied Insurance SRM Manager Salary FAQs

Tell us how to improve this page.

Star Health & Allied Insurance SRM Manager Salaries by Location