LIC Mutual Fund Panaji Area Manager Salaries by 4 Employees (Updated 2024)

13 - 15 years exp.

₹12.5 Lakhs - ₹14.2 Lakhs

Salary of majority employees

63% more than the average Area Manager Salary in Financial Services Companies for 13 - 15 years of experience

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Salaries in different departments

Sales & Business Development Area Manager Salary 13 - 15 years exp. (3 salaries)	₹12.4 L/yr - ₹13.8 L/yr
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BFSI, Investments & Trading Area Manager Salary 14 years exp. (AmbitionBox Estimate)	₹12.5 L/yr - ₹15.9 L/yr

Last Updated: 29 May 2024

Companies similar to LIC Mutual Fund for Area Manager in Panaji

LIC Mutual Fund Area Manager Salary

13 - 15 years exp. (4 salaries)

₹12.5 L/yr - ₹14.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Aviva Life Insurance India Area Manager Salary 14 - 17 years exp. (4 salaries)	₹10 L/yr - ₹12.5 L/yr 17% less
Max Life Insurance Area Manager Salary 10 - 15 years exp. (3 salaries)	₹5.8 L/yr - ₹8.5 L/yr 44% less	13 job openings
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J B Chemicals And Pharmaceuticals Area Manager Salary 9 - 11 years exp. (3 salaries)	₹6 L/yr - ₹7.5 L/yr 50% less

Area Manager salary at LIC Mutual Fund ranges between ₹12.5 Lakhs to ₹14.2 Lakhs per year for employees with experience between 13 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of LIC Mutual Fund.

Experience wise LIC Mutual Fund Area Manager salaries in Panaji

Last Updated: 29 May 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹24.9 L/yr
14 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹25.1 L/yr
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15+ years (AmbitionBox Estimate)	₹13.8 L/yr - ₹25.4 L/yr

Top skills at LIC Mutual Fund for Area Manager

Networking Recruitment Relationship Building Finance Relationship Management Lead Generation Sales Corporate Mutual Funds Financial Management Research Analytical Corporate Sales Management Institutional Sales

Salary related reviews for LIC Mutual Fund

Senior Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 06 May 2023

2.0

for Salary and Benefits

Likes

Nothing likes for this organisation

Dislikes

...nal life hell. As the company don't have any process, proper management and all. Often you will pay from your pocket bcoz the right approvals will not come as per the commitment of the senior management. There is neither proper system nor HR policy in this organisation. If you want to spoil your career by entering in this monopoly, uncultured then you may think of this organisation. If there would 0 for job security then I could have clicked on that.

Administration Executive in Kanpur

Full Time

Mutual funds Department

1.0

• posted on 24 Mar 2020

1.0

for Salary and Benefits

Likes

I have very bad experience working in Lic Mf as a admin executive, I have faced mental harassment there, slow growth & insecure environment.

Dislikes

I have joined there as a off role payroll process via rand stand company and they didn’t settle my dues and also not provided my reliving letter too.

Sales Manager in New Delhi

Sales & Business Development Department

4.0

• posted on 29 May 2022

3.0

for Salary and Benefits

Likes

Work culture is good. Lots of things are there to learn and built personality. Working Location Prefrence gives better understanding about the area and gives many more ideas to enhance sales and busienss for orgsnisation.

Dislikes

Sometime managing multiple channels become challanging.

Vice President - Zonal Head - North Zone in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 07 Feb 2022

5.0

for Salary and Benefits

Likes

Fantastic company to work for.. Performers always gets appreciated & acknowledged..Moreover Management believes in giving autonomy/ independent space to perform & excel..LIC MF has given opportunity to so many young/ fresh professionals in MF domain & most of them have come out with flying colors..The company has created/prepared so many young talent for the industry.. Indeed great experience working for this company since last 7 Years..

Dislikes

Nothing as such..

Business Development Manager in Bhubaneswar

Marketing & Communication Department

3.0

• posted on 12 Nov 2021

1.0

for Salary and Benefits

Likes

As a lady I feel really safe working with the organization but when it comes to guidance or support the seniors are not that much supportive, job security is very poor as meeting target is not possible because of lower penetration and less tie ups. Funds are not that very good performing to attract client.

Dislikes

No training, no hand holding

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a technical project manager

Deadend

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 Mutual Fund Area Manager Salary FAQs

What is the salary of Area Manager at LIC Mutual Fund Panaji?

Area Manager salary at LIC Mutual Fund in Panaji ranges between ₹12.5 Lakhs to ₹14.2 Lakhs for experience between 13 years to 15 years. According to our estimates it is 63% more than the average Area Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of LIC Mutual Fund Panaji.

How does the salary of a Area Manager at LIC Mutual Fund Panaji compare with the average salary range for this job?

The average salary of a Area Manager at LIC Mutual Fund is 63% more than the average salary of a Area Manager in Panaji. To know exact salary insights, login to view.

What are the top skills required to work as a Area Manager at LIC Mutual Fund?

Networking, Recruitment, Relationship Building, Finance and Relationship Management are some of the popular skills required to work as a Area Manager at LIC Mutual Fund Panaji.

What is the salary of a Area Manager in companies similar to LIC Mutual Fund in Panaji?

Aviva Life Insurance India Area Manager Salary - ₹10.0 Lakhs to ₹12.5 Lakhs per year
Max Life Insurance Area Manager Salary - ₹5.8 Lakhs to ₹8.5 Lakhs per year
J B Chemicals And Pharmaceuticals Area Manager Salary - ₹6.0 Lakhs to ₹7.5 Lakhs per year

What is the estimated take home salary of a Area Manager at LIC Mutual Fund in Panaji?

The estimated take-home salary of a Area Manager at LIC Mutual Fund ranges between ₹96,941 per month to ₹99,564 per month in Panaji. The take-home salary calculation is based on the average LIC Mutual Fund Area Manager salary in India which ranges between ₹12.5 Lakhs to ₹14.2 Lakhs per year for employees with experience between 13 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at LIC Mutual Fund in Panaji?

According to AmbitionBox, 100% of the LIC Mutual Fund Area Managers in Panaji reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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LIC Mutual Fund Area Manager Salaries in Panaji

LIC Mutual Fund Area Manager salary in Panaji ranges between ₹12.5 Lakhs to ₹14.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 LIC Mutual Fund latest salaries received from various employees of LIC Mutual Fund.