LIC Life Plus Insurance Executive Salaries by 3 Employees (Updated 2024)

2 - 7 years exp.

₹1.2 Lakh - ₹6 Lakhs

Low Confidence

Salary of majority employees

18% more than the average Insurance Executive Salary in Insurance Companies for 2 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Executive Salary 7 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr
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Customer Success, Service & Operations Insurance Executive Salary 2 years exp. (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.3 L/yr

Last Updated: 11 Oct 2024

Companies similar to LIC Life Plus for Insurance Executive

Company name	Avg Annual Salary	Open Jobs
HDFC Life Insurance Executive Salary 1 - 4 years exp. (24 salaries)	₹1.6 L/yr - ₹4.5 L/yr 9% more
ICICI Prudential Life Insurance Insurance Executive Salary 1 - 5 years exp. (21 salaries)	₹2.1 L/yr - ₹4 L/yr 12% more
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Max Life Insurance Insurance Executive Salary 0 - 6 years exp. (18 salaries)	₹1.5 L/yr - ₹5 L/yr 11% more
Bajaj Allianz Life Insurance Insurance Executive Salary 1 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3 L/yr 9% less
Kotak Mahindara Life Insurance Insurance Executive Salary 1 - 3 years exp. (3 salaries)	₹1.3 L/yr - ₹3 L/yr 9% less
Aditya Birla Sun Life Insurance Insurance Executive Salary 0 - 2 years exp. (7 salaries)	₹2.3 L/yr - ₹3 L/yr 13% less
Tata AIA Life Insurance Insurance Executive Salary 1 - 7 years exp. (8 salaries)	₹1.1 L/yr - ₹4.5 L/yr 1% more
PNB MetLife Insurance Executive Salary 1 - 11 years exp. (6 salaries)	₹3.2 L/yr - ₹4.5 L/yr 16% more
Reliance Nippon Life Insurance Insurance Executive Salary 0 - 7 years exp. (13 salaries)	₹1.5 L/yr - ₹3.6 L/yr 10% less
Iffco Tokio General Insurance Co. Insurance Executive Salary 0 - 7 years exp. (19 salaries)	₹2 L/yr - ₹4.5 L/yr 5% more
Tata AIG Insurance Executive Salary 0 - 6 years exp. (18 salaries)	₹1.4 L/yr - ₹4.3 L/yr 24% less
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Star Health & Allied Insurance Insurance Executive Salary 0 - 8 years exp. (12 salaries)	₹1 L/yr - ₹3.2 L/yr 26% less
Shriram General Insurance Insurance Executive Salary 1 - 5 years exp. (10 salaries)	₹1.2 L/yr - ₹2.8 L/yr 21% less
MetLife Insurance Executive Salary 1 - 4 years exp. (8 salaries)	₹1.9 L/yr - ₹4.5 L/yr 13% more
Life Insurance Corporation of India Insurance Executive Salary 0 - 6 years exp. (7 salaries)	₹2 L/yr - ₹2.5 L/yr 18% less
MDIndia Health Insurance TPA Insurance Executive Salary 0 - 7 years exp. (7 salaries)	₹1.8 L/yr - ₹2.4 L/yr 34% less
Future Generali India Life Insurance Insurance Executive Salary 1 - 4 years exp. (7 salaries)	₹1.5 L/yr - ₹3.5 L/yr 7% less
Niva Bupa Health Insurance Company Insurance Executive Salary 0 - 4 years exp. (7 salaries)	₹2.2 L/yr - ₹3.7 L/yr 11% less
Medi Assist India Insurance Executive Salary 0 - 5 years exp. (6 salaries)	₹1 L/yr - ₹3.3 L/yr 14% less
Gallagher Insurance Executive Salary 0 - 5 years exp. (5 salaries)	₹0.6 L/yr - ₹5.5 L/yr 5% less

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Insurance Executive salary at LIC Life Plus ranges between ₹1.2 Lakh to ₹6 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of LIC Life Plus.

Experience wise LIC Life Plus Insurance Executive salaries

Last Updated: 11 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.2 L/yr
3 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.9 L/yr
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4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.1 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
7 years (AmbitionBox Estimate)	₹2 L/yr - ₹6 L/yr

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Similar Designation salaries in LIC Life Plus

Sales Executive Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Back Office Executive Salary

(3 salaries)

₹2 L/yr - ₹2 L/yr

Customer Care Executive Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Customer Service Executive Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Customer Support Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Office Assistant Salary

(7 salaries)

₹0.9 L/yr - ₹2 L/yr

Computer Operator Salary

(4 salaries)

₹1.8 L/yr - ₹5.21 L/yr

Data Entry Operator Salary

(4 salaries)

₹0.96 L/yr - ₹1.15 L/yr

Back Office Staff Salary

(3 salaries)

₹0.5 L/yr - ₹2.2 L/yr

Salary related reviews for LIC Life Plus

Life Insurance Corporation Of India in Mauranipur

Kanpur Department

1.0

• posted on 27 Jan 2021

1.0

for Salary and Benefits

Likes

They recover our salary which they paid us during lockdown! ....this is the fu***** support of LIC

Dislikes

LIC is not an organisation, they are the group of people who always want to cut down your salary,perks everything you were provided. Example-This is the only organisation where we have to pay back our salary of lockdown even our honorable PM asked to not to cut down salary but instead of that they recover our salary of whole 2 month and not even this much. This salary deduction is only for PDO(Field officer),not for the assistant,not for the administration. I mean only PDO who work in field will not infected by COVID 19,what a theory!!.. #shamonyouLIC

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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LIC Life Plus Insurance Executive Salary FAQs

What is the notice period for Insurance Executive at LIC Life Plus?

According to AmbitionBox, 67% of the LIC Life Plus Insurance Executives reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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LIC Life Plus Insurance Executive Salaries

LIC Life Plus Insurance Executive salary in India ranges between ₹1.2 Lakh to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 LIC Life Plus latest salaries received from various employees of LIC Life Plus.