Lic Gic Salaries by 100+ Employees (Updated 2025)

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BFSI, Investments & Trading Sales & Business Development Finance & Accounting Customer Success, Service & Operations + 2 more

Designation	Avg Annual Salary	Open Jobs
LIC Agent 0 - 15 years exp. (15 salaries)	₹0.2 L/yr - ₹3.6 L/yr
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Insurance Adviser 3 - 12 years exp. (9 salaries)	₹0.9 L/yr - ₹5.5 L/yr
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Development Officer 1 - 5 years exp. (6 salaries)	₹2.5 L/yr - ₹6.6 L/yr
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Life Insurance Advisor 0 - 14 years exp. (5 salaries)	₹1 L/yr - ₹3.6 L/yr
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LIC Advisor 3 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹3.1 L/yr
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Financial Advisor 1 - 7 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr
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Data Entry Operator 1 - 5 years exp. (4 salaries)	₹0.6 L/yr - ₹1 L/yr
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Agent 3 - 4 years exp. (4 salaries)	₹1.1 L/yr - ₹3 L/yr
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Sales Officer 10 - 22 years exp. (4 salaries)	₹2.2 L/yr - ₹3.6 L/yr
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Sales Executive 1 - 15 years exp. (3 salaries)	₹2 L/yr - ₹12 L/yr
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Cashier 1 - 4 years exp. (3 salaries)	₹1 L/yr - ₹1.3 L/yr
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Office Assistant 1 - 5 years exp. (3 salaries)	₹1.2 L/yr - ₹2.2 L/yr
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Backend Officer 0 - 2 years exp. (3 salaries)	₹2.3 L/yr - ₹2.9 L/yr
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Sales Manager 2 - 3 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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Office Worker 1 - 3 years exp. (AmbitionBox Estimate)	₹0.1 L/yr - ₹0.2 L/yr
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Administration Manager 25 - 31 years exp. (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.8 L/yr
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Computer Operator 2 - 4 years exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
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Desktop Support Engineer 0 - 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Field Assistant 8 - 11 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Account Assistant 4 - 6 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
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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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Salary related reviews for Lic Gic

3.7

Rated by 18 employees for salary & benefits

Assistant Branch Manager in Gadag, Hubli, Bangalore

Sales & Marketing Department

5.0

• posted on 28 Nov 2020

4.0

for Salary and Benefits

Likes

Excellent work culture and supportive teamwork. There is huge opportunity to show the results and good appraisal which earned handsome monetary benefits. Learned that work is worship. Hard work & Smart work yeilds huge profits.

Salary - Good

+6 more

Dislikes

None as particular

Higher Grade Assistant -Supervisor in Hyderabad / Secunderabad

Policy Servicing Department

5.0

• posted on 17 Dec 2020

5.0

for Salary and Benefits

Likes

LIC & GIC are different organizations. LIC's business is Life Insurance and GICs business is Genral Insurance. Ofcourse both are good. Jobs in both are well secured. Work culture is good and co-operative. Management at all levels is suggestive and work oriented in friendly atmosphere. Policies are formulated for the welfare and beneficial to the esteemed policy holders. It's a boon to be associated With the gigantic Organization to work wholeheartedly.

Salary - Excellent

+6 more

Dislikes

No question of disliking, all are working happily.

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Lic Gic Salary FAQs

How much does Lic Gic pay to its employees?

The average annual salary at Lic Gic varies depending on the role, experience, and location. The salary ranges for some popular designations at Lic Gic, are as follows:

LIC Agent	₹0.2 Lakhs to ₹3.6 Lakhs per year
Insurance Adviser	₹0.9 Lakhs to ₹5.5 Lakhs per year
Development Officer	₹2.5 Lakhs to ₹6.6 Lakhs per year
Life Insurance Advisor	₹1 Lakhs to ₹3.6 Lakhs per year

The highest-paying role, Development Officer, earns between ₹2.5 Lakhs to ₹6.6 Lakhs per year. The top 10% of employees earn more than ₹6.7 Lakhs per year, and the top 1% earn over ₹23.3 Lakhs per year. Salaries at Lic Gic 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 salary estimates are based on data from 174 salaries submitted by Lic Gic employees. Lic Gic is rated 3.7 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at Lic Gic in India?

The salary of a fresher at Lic Gic in India typically ranges from ₹0.3 Lakh to ₹3 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a LIC Agent Salary	₹0.3 Lakhs to ₹3 Lakhs per year
Fresher as a Desktop Support Engineer Salary	₹2.2 Lakhs to ₹2.8 Lakhs per year
Fresher as a Senior HR Executive Salary	₹0.2 Lakhs to ₹0.2 Lakhs per year
Fresher as a Data Center Operator Salary	₹4.9 Lakhs to ₹6.2 Lakhs per year

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Lic Gic Salaries by Location

Average annual salary in Lic Gic is INR . Salary estimates are based on 100+ Lic Gic latest salaries received from various employees of Lic Gic.