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Life Insurance Corporation of India Advisor salaries in India

Annual salary range
2 - 17 years exp.
₹1.1 Lakh - ₹6 Lakhs
Salary of majority employees
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31% less than the average Advisor Salary in Insurance Companies for 2 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Advisor Salary
2 - 12 years exp. (8 salaries)
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₹1.1 L/yr - ₹6 L/yr

Sales & Business Development
Advisor Salary
2 - 17 years exp. (8 salaries)
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₹3 L/yr - ₹4 L/yr

Teaching & Training
Advisor Salary
3 - 9 years exp. (4 salaries)
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₹1.8 L/yr - ₹4 L/yr

Finance & Accounting
Advisor Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹1.4 L/yr - ₹3.9 L/yr

Marketing & Communication
Advisor Salary
2 - 7 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹5 L/yr

Last Updated: 15 Nov 2024

Companies similar to Life Insurance Corporation of India for Advisor

Company name Avg Annual Salary Open Jobs
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HDFC Life Advisor Salary

0 - 5 years exp. (22 salaries)

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₹0.9 L/yr - ₹4.8 L/yr

arrow icon 27% less
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₹0.6 L/yr - ₹6 L/yr

arrow icon 13% less
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SBI Life Insurance Company Advisor Salary

1 - 10 years exp. (88 salaries)

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₹1.1 L/yr - ₹6.2 L/yr

arrow icon 8% less
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Max Life Insurance Advisor Salary

0 - 32 years exp. (61 salaries)

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₹0.8 L/yr - ₹5 L/yr

arrow icon 11% less
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Kotak Mahindara Life Insurance Advisor Salary

1 - 4 years exp. (16 salaries)

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₹1 L/yr - ₹4 L/yr

arrow icon 27% less
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Reliance Nippon Life Insurance Advisor Salary

0 - 6 years exp. (30 salaries)

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₹1 L/yr - ₹5.1 L/yr

arrow icon 37% less
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Tata AIA Life Insurance Advisor Salary

1 - 6 years exp. (34 salaries)

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₹0.9 L/yr - ₹5 L/yr

arrow icon 29% less
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PNB MetLife Advisor Salary

1 - 2 years exp. (4 salaries)

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₹1.2 L/yr - ₹2.5 L/yr

arrow icon 39% less
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₹1 L/yr - ₹3.5 L/yr

arrow icon 45% less
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Gallagher Advisor Salary

0 - 6 years exp. (41 salaries)

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₹3.1 L/yr - ₹7 L/yr

arrow icon 26% more
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Star Health & Allied Insurance Advisor Salary

1 - 8 years exp. (16 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 16% less
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₹1.3 L/yr - ₹4.6 L/yr

arrow icon 31% less
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₹2.8 L/yr - ₹6 L/yr

arrow icon 19% more
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₹2.1 L/yr - ₹2.8 L/yr

arrow icon 28% less
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The Oriental Insurance Co. Advisor Salary

2 - 7 years exp. (5 salaries)

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₹1.3 L/yr - ₹5.2 L/yr

arrow icon 26% less
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The New India Assurance Co. Advisor Salary

3 - 4 years exp. (4 salaries)

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₹0.6 L/yr - ₹9.4 L/yr

arrow icon 29% more
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HDFC Ergo General Insurance Advisor Salary

0 - 2 years exp. (4 salaries)

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₹1.8 L/yr - ₹2.6 L/yr

arrow icon 25% less
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Shriram Life Insurance Advisor Salary

1 - 3 years exp. (3 salaries)

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₹2.1 L/yr - ₹2.4 L/yr

arrow icon 38% less
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₹2.2 L/yr - ₹2.8 L/yr

arrow icon 31% less
Advisor salary at Life Insurance Corporation of India ranges between ₹1.1 Lakh to ₹6 Lakhs per year for employees with experience between 2 years to 17 years. Salary estimates are based on 42 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Advisor

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9 years exp.
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4 years exp.
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Experience wise Life Insurance Corporation of India Advisor salaries

Last Updated: 15 Nov 2024

Experience Avg Annual Salary
2 years  (8 salaries)

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₹1.2 L/yr - ₹3.2 L/yr
3 years  (8 salaries)

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₹1.1 L/yr - ₹3 L/yr
4 years  (3 salaries)

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₹1.4 L/yr - ₹3.5 L/yr
5 years  (3 salaries)

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₹1.1 L/yr - ₹6 L/yr
6 years  (3 salaries)

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₹2.5 L/yr - ₹4 L/yr
View all
Life Insurance Corporation of India Advisor Salary and Career Growth

From

To

Advisor

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2 - 17 years exp.

Branch Manager

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15 - 31 years exp.

Advisor

2 - 17 years exp.
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Development Officer

0 - 10 years exp.
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arrow icon 148% hike

Assistant Branch Manager

9 - 19 years exp.
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arrow icon 7% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Life Insurance Corporation of India

Analyst Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
Agent Salary
(179 salaries)
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₹0.65 L/yr - ₹6.95 L/yr
Team Lead Salary
(17 salaries)
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₹1.4 L/yr - ₹4 L/yr
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₹2.5 L/yr - ₹6 L/yr
Sales Executive Salary
(69 salaries)
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₹1 L/yr - ₹6 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
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₹1 L/yr - ₹4.5 L/yr
Customer Service Advisor Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
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₹1.5 L/yr - ₹2.7 L/yr
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₹1.25 L/yr - ₹3 L/yr

Top skills at Life Insurance Corporation of India for Advisor

Market Development Field Marketing Travel Agency
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Salary related reviews for Life Insurance Corporation of India

4.2

Rated by 36 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 19 Jul 2024

5.0
 for  Salary and Benefits

Likes

Good bonus Good incentives Respect given by whole team of LIC Good guidance and counselling and training sessions at LIC office

read more
  • Salary - Excellent
  • +3 more

Dislikes

There is a heavy workload of getting policies and sales which is very tough to get popicies on dailg basis to achieve target.

read more
  • Skill development - Poor
  • +2 more

Freelancer

 · 

Other Department

5.0
  •  posted on 25 Jun 2023

4.0
 for  Salary and Benefits

Likes

important your Knowledge sharing & good communications. Good , constructive work culture in lic of india. I have enjoyed to do my job at lic of india. And Good environment for work . Every employee has cooperative in nature they were very helpful.

read more
  • Salary - Good
  • +6 more

Dislikes

No dislike working at lic jobs. I am a enjoy this job. I am good experience . But most important points insurance advisor no salary commission based job. I like lic.

read more

Data Science & Analytics Department

5.0
  •  posted on 28 Dec 2021

5.0
 for  Salary and Benefits

Likes

...agement is transparent.There is a huge cafeteria and gaming arcade for chilling. Company policies are good,appraisals are fair and they give good salary hike and bonus every year

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2years before which you cannot resign. On the job training is not given to new joiners.

read more

Other Department

4.0
  •  posted on 30 May 2022

2.0
 for  Salary and Benefits

Likes

Unertaion income because very hard comptision sale insurance no any traning give by lic deparatment it mean leck of knoledge

read more
  • Work-life balance - Good

Dislikes

Reguler income must but if you done lic than you have any bonus or income othersvise no money

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 21 Sep 2023

3.0
 for  Salary and Benefits

Likes

Job Performing Flexibility.

  • Job security - Excellent
  • +3 more

Dislikes

...e Teams. 2. Other benefits, which are not upto the standards or satisfaction. 3. No Festival bonuses/ annual bonuses. 4. No Family bonus 5. No clarity about Pension

read more
  • Promotions - Poor
see more salary related reviews

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Life Insurance Corporation of India Advisor Salary FAQs

What is the salary of Advisor at Life Insurance Corporation of India?
Advisor salary at Life Insurance Corporation of India in India ranges between ₹1.1 Lakhs to ₹6.0 Lakhs for experience between 2 years to 17 years. According to our estimates it is 31% less than the average Advisor Salary in India. Salary estimates are based on 42 latest salaries received from various employees of Life Insurance Corporation of India India.
How does the salary of a Advisor at Life Insurance Corporation of India India compare with the average salary range for this job?
The average salary of a Advisor at Life Insurance Corporation of India is 31% less than the average salary of a Advisor in India. To know exact salary insights, login to view.
What are the top skills required to work as a Advisor at Life Insurance Corporation of India?
Market Development, Field Marketing and Travel Agency are some of the popular skills required to work as a Advisor at Life Insurance Corporation of India India.
Which similar companies are paying more than Life Insurance Corporation of India to a Advisor in India?
  • The New India Assurance Co. Advisor Salary - ₹0.6 Lakhs to ₹9.4 Lakhs per year
  • Gallagher Advisor Salary - ₹3.1 Lakhs to ₹7.0 Lakhs per year
  • United India Insurance Company Advisor Salary - ₹2.8 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Advisor in companies similar to Life Insurance Corporation of India in India?
  • SBI Life Insurance Company Advisor Salary - ₹1.1 Lakhs to ₹6.2 Lakhs per year
  • Max Life Insurance Advisor Salary - ₹0.8 Lakhs to ₹5.0 Lakhs per year
  • ICICI Prudential Life Insurance Advisor Salary - ₹0.6 Lakhs to ₹6.0 Lakhs per year
  • Star Health & Allied Insurance Advisor Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year
  • HDFC Ergo General Insurance Advisor Salary - ₹1.8 Lakhs to ₹2.6 Lakhs per year
What is the estimated take home salary of a Advisor at Life Insurance Corporation of India in India?
The estimated take-home salary of a Advisor at Life Insurance Corporation of India ranges between ₹25,159 per month to ₹26,596 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Advisor salary in India which ranges between ₹1.1 Lakhs to ₹6.0 Lakhs per year for employees with experience between 2 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Advisor at Life Insurance Corporation of India?
According to AmbitionBox, 61% of the Life Insurance Corporation of India Advisors reported a notice period of 15 days or less, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 97 responses on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Advisor salary in India ranges between ₹1.1 Lakh to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 42 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.

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