Life Insurance Corporation of India Chennai Advisor Salaries by 3 Employees

2 - 7 years exp.

₹3 Lakhs - ₹5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

25% less than the average Advisor Salary in Insurance Companies for 2 - 7 years of experience

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Last Updated: 26 Jun 2024

Companies similar to Life Insurance Corporation of India for Advisor in Chennai

Life Insurance Corporation of India Advisor Salary

2 - 7 years exp. (3 salaries)

₹3 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Advisor Salary 1 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹4 L/yr 25% less
Fiserv Advisor Salary 11 - 18 years exp. (54 salaries)	₹17.4 L/yr - ₹42 L/yr 613% more	1 job opening
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Thryve Digital Advisor Salary 11 - 18 years exp. (40 salaries)	₹15.1 L/yr - ₹33.4 L/yr 467% more
Concentrix Corporation Advisor Salary 0 - 6 years exp. (38 salaries)	₹1.7 L/yr - ₹4.5 L/yr 28% less	1 job opening
Altruist Technologies Advisor Salary 0 - 4 years exp. (35 salaries)	₹1 L/yr - ₹3 L/yr 52% less

Advisor salary at Life Insurance Corporation of India ranges between ₹3 Lakhs to ₹5 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 Life Insurance Corporation of India.

Experience wise Life Insurance Corporation of India Advisor salaries in Chennai

Last Updated: 26 Jun 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
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4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

View all

From

Advisor

₹

Lakhs/yr

1 - 12 years exp.

Branch Manager

₹

Lakhs/yr

15 - 31 years exp.

Advisor

1 - 12 years exp.

Development Officer

0 - 8 years exp.

131% hike

Assistant Branch Manager

9 - 19 years exp.

11% 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

Agent Salary

(6 salaries)

₹1.05 L/yr - ₹5 L/yr

Top skills at Life Insurance Corporation of India for Advisor

Market Development Field Marketing Travel Agency

Salary related reviews for Life Insurance Corporation of India

Advisor in Kulgam

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

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.

Skill development - Poor

+2 more

Advisor (working remotely)

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.

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.

Data Entry Operator in Patna

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

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.

Agent in New Delhi

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

Work-life balance - Good

Dislikes

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

Salary - Poor

+3 more

Development Officer in Hyderabad / Secunderabad

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

Promotions - Poor

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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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Life Insurance Corporation of India Advisor Salary FAQs

How the salary growth look like for a Advisor at Life Insurance Corporation of India in Chennai?

The salary growth for a Advisor at Life Insurance Corporation of India in Chennai depends on factors such as experience, performance, and promotions. On average, a Advisor in Chennai can expect the following growth trajectory at Life Insurance Corporation of India:

Experience	Average Salary Range
2 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years	₹3.5 Lakhs to ₹4.4 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
5 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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Life Insurance Corporation of India Advisor Salaries in Chennai

Life Insurance Corporation of India Advisor salary in Chennai ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.