Life Insurance Corporation of India Kolkata Advisor Salaries by 4 Employees (Updated 2024)

4 - 17 years exp.

₹1.1 Lakh - ₹3 Lakhs

Salary of majority employees

26% less than the average Advisor Salary in Insurance Companies for 4 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Advisor Salary 4 - 6 years exp. (3 salaries)	₹1.1 L/yr - ₹3.2 L/yr
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Sales & Business Development Advisor Salary 17 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.6 L/yr

Last Updated: 4 Jun 2024

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

Life Insurance Corporation of India Advisor Salary

4 - 17 years exp. (4 salaries)

₹1.1 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Advisor Salary 0 - 5 years exp. (5 salaries)	₹1.2 L/yr - ₹2 L/yr 35% less
ICICI Prudential Life Insurance Advisor Salary 1 - 4 years exp. (3 salaries)	₹1.1 L/yr - ₹2.5 L/yr 20% less
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SBI Life Insurance Company Advisor Salary 4 - 7 years exp. (5 salaries)	₹1 L/yr - ₹3 L/yr 13% less
Max Life Insurance Advisor Salary 0 - 6 years exp. (7 salaries)	₹1.2 L/yr - ₹2 L/yr 38% less
Kotak Mahindara Life Insurance Advisor Salary 1 - 4 years exp. (8 salaries)	₹1 L/yr - ₹3.5 L/yr 27% less
Reliance Nippon Life Insurance Advisor Salary 2 - 3 years exp. (3 salaries)	₹1.5 L/yr - ₹2.4 L/yr 31% less
Tata AIA Life Insurance Advisor Salary 1 - 4 years exp. (14 salaries)	₹1 L/yr - ₹5 L/yr 18% less
Aditya Birla Sun Life Insurance Advisor Salary 0 - 4 years exp. (5 salaries)	₹1 L/yr - ₹2 L/yr 34% less
Star Health & Allied Insurance Advisor Salary 2 - 6 years exp. (3 salaries)	₹2 L/yr - ₹2.9 L/yr 8% less

Advisor salary at Life Insurance Corporation of India ranges between ₹1.1 Lakh to ₹3 Lakhs per year for employees with experience between 4 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India.

Experience wise Life Insurance Corporation of India Advisor salaries in Kolkata

Last Updated: 4 Jun 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹4.4 L/yr
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6 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
8 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
9 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
10 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.3 L/yr
11 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
12 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
13 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
14 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
15+ years (AmbitionBox Estimate)	₹3 L/yr - ₹5.9 L/yr

View all

Similar Designation salaries in Life Insurance Corporation of India

Agent Salary

(16 salaries)

₹1 L/yr - ₹4.05 L/yr

Sales Executive Salary

(4 salaries)

₹1 L/yr - ₹2.51 L/yr

Salary related reviews for Life Insurance Corporation of India

4.0

Rated by 2 employees for salary & benefits

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

Dislikes

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

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.

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

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

Dislikes

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

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.

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

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Salary Discussions, Hike & Promotions

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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Life Insurance Corporation of India Advisor Salary FAQs

What is the salary of Advisor at Life Insurance Corporation of India Kolkata?

Advisor salary at Life Insurance Corporation of India in Kolkata ranges between ₹1.1 Lakhs to ₹3.0 Lakhs for experience between 4 years to 17 years. According to our estimates it is 26% less than the average Advisor Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India Kolkata.

How does the salary of a Advisor at Life Insurance Corporation of India Kolkata compare with the average salary range for this job?

The average salary of a Advisor at Life Insurance Corporation of India is 26% less than the average salary of a Advisor in Kolkata. To know exact salary insights, login to view.

What is the salary of a Advisor in companies similar to Life Insurance Corporation of India in Kolkata?

Star Health & Allied Insurance Advisor Salary - ₹2.0 Lakhs to ₹2.9 Lakhs per year
SBI Life Insurance Company Advisor Salary - ₹1.0 Lakhs to ₹3.0 Lakhs per year
Tata AIA Life Insurance Advisor Salary - ₹1.0 Lakhs to ₹5.0 Lakhs per year
ICICI Prudential Life Insurance Advisor Salary - ₹1.1 Lakhs to ₹2.5 Lakhs per year
Kotak Mahindara Life Insurance Advisor Salary - ₹1.0 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Advisor at Life Insurance Corporation of India in Kolkata?

The estimated take-home salary of a Advisor at Life Insurance Corporation of India ranges between ₹19,811 per month to ₹21,477 per month in Kolkata. 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 ₹3.0 Lakhs per year for employees with experience between 4 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 in Kolkata?

According to AmbitionBox, 67% of the Life Insurance Corporation of India Advisors in Kolkata reported a notice period of 15 days or less, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Advisor Salaries in Kolkata

Life Insurance Corporation of India Advisor salary in Kolkata ranges between ₹1.1 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.