Lic Gic Development Officer Salaries by 6 Employees

1 - 5 years exp.

₹2.5 Lakhs - ₹6.6 Lakhs

Salary of majority employees

22% less than the average Development Officer Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Development Officer Salary 1 - 5 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.6 L/yr
Marketing & Communication Development Officer Salary 5 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
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Sales & Business Development Development Officer Salary 5 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 5 Jun 2023

Companies similar to Lic Gic for Development Officer

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India Development Officer Salary 0 - 10 years exp. (332 salaries)	₹3.5 L/yr - ₹15 L/yr 76% more
HDFC Life Development Officer Salary 2 - 3 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr 19% less
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Bajaj Allianz Life Insurance Development Officer Salary 2 - 7 years exp. (6 salaries)	₹2 L/yr - ₹3.5 L/yr 43% less
Reliance Nippon Life Insurance Development Officer Salary 0 - 2 years exp. (5 salaries)	₹1.8 L/yr - ₹2.4 L/yr 56% less
Kotak Mahindara Life Insurance Development Officer Salary 0 - 5 years exp. (6 salaries)	₹2.1 L/yr - ₹3.5 L/yr 45% less
Canara HSBC Life Insurance Development Officer Salary 0 - 15 years exp. (4 salaries)	₹0.7 L/yr - ₹3.5 L/yr 59% less
Star Health & Allied Insurance Development Officer Salary 4 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹4 L/yr 33% less

Development Officer salary at Lic Gic ranges between ₹2.5 Lakhs to ₹6.6 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Lic Gic.

Experience wise Lic Gic Development Officer salaries

Last Updated: 5 Jun 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹9.1 L/yr
2 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.4 L/yr
5 years (3 salaries)	₹2.5 L/yr - ₹6.6 L/yr

Similar Designation salaries in Lic Gic

Sales Officer Salary

(4 salaries)

₹2.2 L/yr - ₹3.6 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹9.2 L/yr - ₹11.7 L/yr

Salary related reviews for Lic Gic

4.0

Rated by 1 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.

see more salary related reviews

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Lic Gic Development Officer Salary FAQs

What is the salary of Development Officer at Lic Gic?

Development Officer salary at Lic Gic in India ranges between ₹2.5 Lakhs to ₹6.6 Lakhs for experience between 1 years to 5 years. According to our estimates it is 22% less than the average Development Officer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Lic Gic India.

How does the salary of a Development Officer at Lic Gic India compare with the average salary range for this job?

The average salary of a Development Officer at Lic Gic is 22% less than the average salary of a Development Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Lic Gic to a Development Officer in India?

Life Insurance Corporation of India Development Officer Salary - ₹3.5 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Development Officer in companies similar to Lic Gic in India?

HDFC Life Development Officer Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
Star Health & Allied Insurance Development Officer Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
Bajaj Allianz Life Insurance Development Officer Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindara Life Insurance Development Officer Salary - ₹2.1 Lakhs to ₹3.5 Lakhs per year
Reliance Nippon Life Insurance Development Officer Salary - ₹1.8 Lakhs to ₹2.4 Lakhs per year

What is the estimated take home salary of a Development Officer at Lic Gic in India?

The estimated take-home salary of a Development Officer at Lic Gic ranges between ₹35,849 per month to ₹37,076 per month in India. The take-home salary calculation is based on the average Lic Gic Development Officer salary in India which ranges between ₹2.5 Lakhs to ₹6.6 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Development Officer at Lic Gic?

According to AmbitionBox, 100% of the Lic Gic Development Officers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Lic Gic Development Officer Salaries

Lic Gic Development Officer salary in India ranges between ₹2.5 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Lic Gic latest salaries received from various employees of Lic Gic.