Life Insurance Manager

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Life Insurance Manager Salary in Insurance in India

based on 137 latest salaries • updated: 6 Jan 2025
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Annual salary range

₹2.4 Lakhs - ₹6 Lakhs

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Experience wise Life Insurance Manager salaries

Years of experience Avg. Annual Salary
1 year
(26 salaries)
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₹2.4 L/yr - ₹5.1 L/yr

2 years
(19 salaries)
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₹2.4 L/yr - ₹5 L/yr

3 years
(16 salaries)
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₹2.5 L/yr - ₹6 L/yr

4 years
(26 salaries)
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₹2.5 L/yr - ₹5.2 L/yr

5 years
(23 salaries)
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₹2.4 L/yr - ₹5.5 L/yr

View all salaries by experience
Life Insurance Manager Salary in India ranges between ₹2.4 Lakhs to ₹6 Lakhs for 1 year of experience to 10 years of experience . Salary estimates are based on 137 latest salaries received from Life Insurance Manager.
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Life Insurance Manager salaries in different departments

Department Avg Annual Salary
Sales & Business Development
Life Insurance Manager Salary
1 - 7 years exp. (25 salaries)
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₹2.9 L/yr - ₹5 L/yr

BFSI, Investments & Trading
Life Insurance Manager Salary
1 - 7 years exp. (13 salaries)
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₹3 L/yr - ₹5.2 L/yr

View all departments salaries
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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 Jobs in India

Life Insurance Manager

· 1-5 years

Wego Consultants

·
5.0

Madurai

Life Insurance Manager

· 1-5 years

Wego Consultants

·
5.0

Tirupati

Life Insurance Manager

· 1-5 years

Wego Consultants

·
5.0

Vijayawada

View all Life Insurance Manager jobs

Similar Designation Salaries for Life Insurance Manager

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Branch Manager Salary
4 - 17 years exp.
(49.1k salaries)
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₹2.6 L/yr - ₹17.9 L/yr

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₹2.9 L/yr - ₹12.2 L/yr

Senior Manager Salary
6 - 19 years exp.
(10.1k salaries)
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₹6.5 L/yr - ₹25 L/yr

Store Manager Salary
3 - 16 years exp.
(227 salaries)
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₹3 L/yr - ₹15.1 L/yr

Area Sales Manager Salary
4 - 16 years exp.
(2k salaries)
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₹3.6 L/yr - ₹16.5 L/yr

View more similar designations

Life Insurance Manager Salary By Locations

Locations Avg Annual Salary
New Delhi
Life Insurance Manager
1 - 10 years exp.
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₹2.4 L/yr - ₹6 L/yr

Lucknow
Life Insurance Manager
1 - 10 years exp.
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₹2.4 L/yr - ₹6 L/yr

Pune
Life Insurance Manager
1 - 10 years exp.
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₹2.4 L/yr - ₹6 L/yr

Ahmedabad
Life Insurance Manager
1 - 10 years exp.
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₹2.4 L/yr - ₹6 L/yr

Mumbai
Life Insurance Manager
1 - 10 years exp.
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₹2.4 L/yr - ₹6 L/yr

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Life Insurance Manager Salary In Other Industries

Industries Avg Annual Salary
Financial Services
Life Insurance Manager
1 - 10 years exp.
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₹2.4 L/yr - ₹6 L/yr

Banking / Insurance / Accounting
Life Insurance Manager
1 - 10 years exp.
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₹2.4 L/yr - ₹6 L/yr

Banking
Life Insurance Manager
1 - 10 years exp.
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₹2.4 L/yr - ₹6 L/yr

Internet
Life Insurance Manager
1 - 10 years exp.
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₹2.4 L/yr - ₹6 L/yr

Manufacturing
Life Insurance Manager
1 - 10 years exp.
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₹2.4 L/yr - ₹6 L/yr

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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 ₹2.4 Lakhs to ₹6.0 Lakhs per year. Salary estimates are based on 137 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 ₹2.4 Lakhs per year (₹20.0k 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?
  • Mumbai - ₹3.8 Lakhs to 4.5 Lakhs per year
  • New Delhi - ₹3.1 Lakhs to 5.5 Lakhs per year
  • Pune - ₹2.6 Lakhs to 4.5 Lakhs per year
  • Lucknow - ₹1.8 Lakhs to 6.3 Lakhs per year
  • Ballari - ₹3.0 Lakhs to 4.5 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 14 jobs posted by employers.
  • Team Management
  • Compliance
  • CRM
  • Excel
  • Market Research

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