Life Insurance Manager

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Life Insurance Manager Salary in India (Updated 2025)

based on 146 latest salaries • updated: 8 Mar 2025
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Annual salary range

₹2.3 Lakhs - ₹5.5 Lakhs

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Life Insurance Manager Salary in India ranges between ₹2.3 Lakhs to ₹5.5 Lakhs for 1 year of experience to 10 years of experience. Salary estimates are based on 146 latest salaries received from Life Insurance... Read More
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Latest annual salaries shared by Life Insurance Managers

4d ago

HDFC Life

Life Insurance Manager

5 years exp.

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6d ago

Kotak Mahindara Life Insurance

Life Insurance Manager

8 years exp.

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1w ago

HDFC Life

Life Insurance Manager

1 year exp.

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2w ago

Star Union Dai-ichi Life Insurance

Life Insurance Manager

4 years exp.

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2w ago

Aditya Birla Sun Life Insurance

Life Insurance Manager

5 years exp.

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2w ago

RenewBuy

Life Insurance Manager

7 years exp.

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2w ago

HDFC Life

Life Insurance Manager

3 years exp.

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3w ago

Future Generali India Life Insurance

Life Insurance Manager

6 years exp.

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3w ago

Bharti AXA Life Insurance

Life Insurance Manager

6 years exp.

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1mo ago

PNB MetLife

Life Insurance Manager

2 years exp.

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View all latest salaries

Life Insurance Manager salaries by

Years of experience Avg. annual salary
1 year
(25 salaries)
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₹2.4 L/yr - ₹4.2 L/yr

2 years
(22 salaries)
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₹2.3 L/yr - ₹5 L/yr

3 years
(21 salaries)
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₹1.8 L/yr - ₹6 L/yr

4 years
(23 salaries)
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₹2.6 L/yr - ₹5 L/yr

5 years
(25 salaries)
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₹3 L/yr - ₹5.5 L/yr

View all salaries by experience

Life Insurance Manager Jobs in India

Life Insurance Manager

· 1-5 years

Wego Consultants

·
5.0

Kottayam

Life Insurance Manager

· 1-5 years

Wego Consultants

·
5.0

Pathanamthitta

Life Insurance Manager

· 9-14 years

Wego Consultants

·
5.0

Hyderabad / Secunderabad

View all Life Insurance Manager jobs

Similar Designation Salary

Similar Designation Avg. annual salary
Branch Manager Salary
4 - 17 years exp.
(50.6k salaries)
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₹2.6 L/yr - ₹18 L/yr

Senior Manager Salary
6 - 20 years exp.
(1.7L salaries)
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₹7 L/yr - ₹40.2 L/yr

Assistant Manager Salary
2 - 13 years exp.
(6L salaries)
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₹3 L/yr - ₹17 L/yr

Area Sales Manager Salary
4 - 16 years exp.
(1.1L salaries)
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₹3.3 L/yr - ₹18 L/yr

Sales Manager Salary
2 - 15 years exp.
(1.3L salaries)
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₹2.2 L/yr - ₹16 L/yr

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Life Insurance Manager Salary By Locations

Locations Avg. annual salary
New Delhi
Life Insurance Manager
1 - 6 years exp.
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₹3.1 L/yr - ₹5.5 L/yr

Lucknow
Life Insurance Manager
1 - 6 years exp.
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₹1.8 L/yr - ₹4.6 L/yr

Pune
Life Insurance Manager
4 - 8 years exp.
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₹2.6 L/yr - ₹11.8 L/yr

Mumbai
Life Insurance Manager
3 - 7 years exp.
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₹3.8 L/yr - ₹4.5 L/yr

Ahmedabad
Life Insurance Manager
1 - 10 years exp.
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₹3 L/yr - ₹4 L/yr

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Life Insurance Manager Salary By Industries

Industries Avg. annual salary

Financial Services

Life Insurance Manager
1 - 10 years exp.
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₹2.4 L/yr - ₹5.5 L/yr

Insurance

Life Insurance Manager
1 - 10 years exp.
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₹2.4 L/yr - ₹5.2 L/yr

Banking / Insurance / Accounting

Life Insurance Manager
1 - 8 years exp.
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₹3 L/yr - ₹7.2 L/yr

Banking

Life Insurance Manager
1 - 7 years exp.
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₹2.3 L/yr - ₹5.5 L/yr

Internet

Life Insurance Manager
1 - 7 years exp.
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₹3.1 L/yr - ₹6 L/yr

View More

Frequently Asked Questions about Life Insurance Manager Salaries

What is the salary of a Life Insurance Manager in India?
Salary for a Life Insurance Manager in India ranges between ₹2.3 Lakhs to ₹5.5 Lakhs per year. Salary estimates are based on 146 latest salaries received from various Life Insurance Managers across industries.
What is the starting salary for a Life Insurance Manager in India?
Average starting Salary for Life Insurance Manager in India is around ₹2.3 Lakhs per year (₹19.2k per month). 1 year of minimum experience is required to be a Life Insurance Manager.
What is the highest salary for a Life Insurance Manager in India?
Highest salary that a Life Insurance Manager can earn is ₹5.2 Lakhs per year (₹43.3k per month).
What are the top paying industries for Life Insurance Manager in India?
What are the top paying cities for Life Insurance Manager in India?
  • Pune - ₹2.6 Lakhs to 11.8 Lakhs per year
  • New Delhi - ₹3.0 Lakhs to 9.6 Lakhs per year
  • Mumbai - ₹3.8 Lakhs to 4.5 Lakhs per year
  • Lucknow - ₹1.8 Lakhs to 6.3 Lakhs per year
  • Ahmedabad - ₹0.2 Lakhs to 4.0 Lakhs per year
What are the popular/top skills required to become a Life Insurance Manager?
These are the top skills of a Life Insurance Manager based on 15 jobs posted by employers.
  • Team Management
  • CRM
  • Compliance
  • Excel
  • Market Research

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