Life Insurance Manager
Annual salary range
₹2.3 Lakhs - ₹5.7 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byLife Insurance Manager Salary in India (Updated 2025)
based on 145
latest salaries
• updated:
15 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Life Insurance Manager Salary in India ranges between ₹2.3 Lakhs to ₹5.7 Lakhs for 1 year of experience to 10 years of experience. Salary estimates are based on 145 latest salaries received from Life Insurance...
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Popular companies
Latest annual salaries
Salaries by experience
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available
Similar designations
Salary related reviews
Top interview questions
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
1 -
7
yrs
exp.
(25 salaries)
|
₹3 L/yr - ₹5.2 L/yr | |
2 -
8
yrs
exp.
(13 salaries)
|
₹3 L/yr - ₹6.3 L/yr | |
Login to view exact salary
| ||
0 -
8
yrs
exp.
(12 salaries)
|
₹1.2 L/yr - ₹4.5 L/yr | |
1 -
7
yrs
exp.
(11 salaries)
|
₹2.4 L/yr - ₹4.6 L/yr | |
0 -
4
yrs
exp.
(8 salaries)
|
₹3.1 L/yr - ₹4.5 L/yr | |
0 -
8
yrs
exp.
(7 salaries)
|
₹1.8 L/yr - ₹4 L/yr | |
0 -
10
yrs
exp.
(7 salaries)
|
₹2.8 L/yr - ₹5.5 L/yr | |
2 -
14
yrs
exp.
(6 salaries)
|
₹2.6 L/yr - ₹4.8 L/yr | |
Login to view exact salary
| ||
2 -
8
yrs
exp.
(5 salaries)
|
₹4 L/yr - ₹4.5 L/yr | |
1 -
5
yrs
exp.
(5 salaries)
|
₹3.8 L/yr - ₹4.5 L/yr | |
Latest annual salaries shared by Life Insurance Managers
4d ago
HDFC Life
Life Insurance Manager
5 years exp.
6d ago
Kotak Mahindara Life Insurance
Life Insurance Manager
8 years exp.
1w ago
HDFC Life
Life Insurance Manager
1 year exp.
2w ago
Star Union Dai-ichi Life Insurance
Life Insurance Manager
4 years exp.
2w ago
Aditya Birla Sun Life Insurance
Life Insurance Manager
5 years exp.
2w ago
RenewBuy
Life Insurance Manager
7 years exp.
2w ago
HDFC Life
Life Insurance Manager
3 years exp.
3w ago
Future Generali India Life Insurance
Life Insurance Manager
6 years exp.
3w ago
Bharti AXA Life Insurance
Life Insurance Manager
6 years exp.
1mo ago
PNB MetLife
Life Insurance Manager
2 years exp.
View all latest salaries
Life Insurance Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
1
year
(24
salaries)
|  ₹2.4 L/yr - ₹4.2 L/yr |
2
years
(20
salaries)
| ₹2.3 L/yr - ₹4.4 L/yr |
Login to view exact salary
| |
3
years
(21
salaries)
| ₹1.8 L/yr - ₹6 L/yr |
4
years
(24
salaries)
| ₹1.9 L/yr - ₹5 L/yr |
5
years
(26
salaries)
| ₹3 L/yr - ₹5.7 L/yr |
View all salaries by experience
Life Insurance Manager Jobs in India
Life Insurance Manager
· 1-5 years
Wego Consultants
Kottayam
Life Insurance Manager
· 1-5 years
Wego Consultants
Pathanamthitta
Life Insurance Manager
· 9-14 years
Wego Consultants
Hyderabad / Secunderabad
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Branch Manager Salary
4 -
17
years
exp.
(50.5k salaries)
| ₹2.6 L/yr - ₹18 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(1.7L salaries)
| ₹7 L/yr - ₹40.5 L/yr |
Login to view exact salary
| |
Assistant Manager Salary
2 -
13
years
exp.
(6L salaries)
| ₹3 L/yr - ₹17 L/yr |
Area Sales Manager Salary
4 -
16
years
exp.
(1.1L salaries)
| ₹3.3 L/yr - ₹18 L/yr |
Sales Manager Salary
2 -
15
years
exp.
(1.3L salaries)
| ₹2.2 L/yr - ₹16 L/yr |
View more similar designations
Salary related reviews by similar designations like Life Insurance Manager
HDFC Life
Branch Manager
• posted on 19 Feb 2023
Likes
Company culture very good brand value, overall company digitisation
- Salary - Good
+6 more
HDFC Life
Sales Manager
• posted on 02 Dec 2023
Likes
M so happy with HDFC life Bcz culture for female is too good 👍
- Skill development - Good
+4 more
Dislikes
Travel benifits is not provide for sales person than how can many calls from out station bcz employees salary is very low so.
read moreHDFC Life
Assistant Manager
• posted on 14 Mar 2023
Likes
WFH, on time salary credit, fluid processes, good work environment, top performer in insurance industry, capable senior management, employee centric initiatives, parents, spouse and children covered in insurance
read more- Job security - Good
+1 more
Dislikes
heavy workload, minimal scope for promotion, average performance appraisals
- Promotions - Poor
HDFC Life
Sales Manager
• posted on 05 Jul 2024
Likes
Well developed structure Comfortable Women Secure Learning Skill development
- Salary - Excellent
+4 more
Dislikes
Pressure Stress Salary hike Time management
HDFC Life
Sales Manager
• posted on 03 Oct 2024
Likes
HDFC life insurance company is very good and salary benifits and promotions increments are very good
read moreDislikes
Manager Behaviour is worst and Manager scolds in proper and abuse language
- Job security - Bad
+2 more
Top skills for Life Insurance Manager
Life Insurance Manager Salary By Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
Life Insurance Manager
1 -
6
years
exp.
| ₹3.1 L/yr - ₹5.5 L/yr |
Lucknow
Life Insurance Manager
1 -
6
years
exp.
| ₹1.8 L/yr - ₹4.6 L/yr |
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| |
Pune
Life Insurance Manager
4 -
8
years
exp.
| ₹2.6 L/yr - ₹11.8 L/yr |
Mumbai
Life Insurance Manager
3 -
7
years
exp.
| ₹3.8 L/yr - ₹4.5 L/yr |
Ahmedabad
Life Insurance Manager
1 -
10
years
exp.
| ₹3 L/yr - ₹4 L/yr |
View More
Life Insurance Manager Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Life Insurance Manager
1 -
10
years
exp.
| ₹2.4 L/yr - ₹5.5 L/yr |
Insurance Life Insurance Manager
1 -
10
years
exp.
| ₹2.4 L/yr - ₹5.2 L/yr |
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| |
Banking / Insurance / Accounting Life Insurance Manager
1 -
8
years
exp.
| ₹3 L/yr - ₹7.2 L/yr |
Banking Life Insurance Manager
1 -
7
years
exp.
| ₹2.3 L/yr - ₹5.5 L/yr |
Internet Life Insurance Manager
1 -
7
years
exp.
| ₹3.1 L/yr - ₹6 L/yr |
View More
Frequently Asked Questions (FAQS) about Life Insurance Manager Salaries
What is the salary of a Life Insurance Manager in India?
The salary of a Life Insurance Manager in India varies based on experience, location, company & Industry.
On average, Life Insurance Manager salaries ranges from ₹2.3 Lakhs to ₹5.7 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹2.3 Lakhs to ₹5.7 Lakhs per year, with the highest salary reaching ₹3.0 Lakhs to ₹4.8 Lakhs per year. Salary estimates are based on 145 salaries received from various Life Insurance Managers across industries.
The average starting salary is around ₹2.3 Lakhs to ₹5.7 Lakhs per year, with the highest salary reaching ₹3.0 Lakhs to ₹4.8 Lakhs per year. Salary estimates are based on 145 salaries received from various Life Insurance Managers across industries.
What are the top paying cities for Life Insurance Manager in India?
The annual salary for Life Insurance Manager in India varies by location. Top paying cities for Life Insurance Manager are
Salary expectations for Life Insurance Manager may vary based on job roles, experience, and specific employer requirements.
| Life Insurance Manager Salary in New Delhi | ₹3.1 Lakhs to ₹5.5 Lakhs per year |
| Life Insurance Manager Salary in Lucknow | ₹1.8 Lakhs to ₹4.6 Lakhs per year |
| Life Insurance Manager Salary in Pune | ₹2.6 Lakhs to ₹11.8 Lakhs per year |
| Life Insurance Manager Salary in Mumbai | ₹3.8 Lakhs to ₹4.5 Lakhs per year |
| Life Insurance Manager Salary in Ahmedabad | ₹3.0 Lakhs to ₹4.0 Lakhs per year |
What are the top paying industries for Life Insurance Manager in India?
Top 5 paying Industries for Life Insurance Manager in India are:
| Life Insurance Manager Salary in Financial Services | ₹2.4 Lakhs to ₹5.5 Lakhs per year |
| Life Insurance Manager Salary in Insurance | ₹2.4 Lakhs to ₹5.2 Lakhs per year |
| Life Insurance Manager Salary in Banking / Insurance / Accounting | ₹3.0 Lakhs to ₹7.2 Lakhs per year |
| Life Insurance Manager Salary in Banking | ₹2.3 Lakhs to ₹5.5 Lakhs per year |
| Life Insurance Manager Salary in Internet | ₹3.1 Lakhs to ₹6.0 Lakhs per year |
How does experience affect salaries of a Life Insurance Manager in India?
Experience significantly impacts a Life Insurance Manager salary in India. Salaries increase with experience, as Life Insurance Manager take on more complex tasks, responsibilities, and leadership roles.
Life Insurance Manager salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹2.4 Lakhs to ₹4.2 Lakhs per year |
| 2 years | ₹2.3 Lakhs to ₹4.4 Lakhs per year |
| 3 years | ₹1.8 Lakhs to ₹6.0 Lakhs per year |
| 4 years | ₹1.9 Lakhs to ₹5.0 Lakhs per year |
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