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Life Insurance Corporation of India Agency Development Manager salaries in India

Annual salary range
3 - 12 years exp.
₹2.6 Lakhs - ₹5.4 Lakhs
Low Confidence
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At par with the average Agency Development Manager Salary in Insurance Companies for 3 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Agency Development Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.9 L/yr

Sales & Business Development
Agency Development Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Administration & Facilities
Agency Development Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹4.9 L/yr - ₹5.9 L/yr

Food, Beverage & Hospitality
Agency Development Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Research & Development
Agency Development Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 1 Mar 2024

Companies similar to Life Insurance Corporation of India for Agency Development Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Agency Development Manager Salary

2 - 14 years exp. (249 salaries)

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₹2.3 L/yr - ₹6.5 L/yr

arrow icon 4% more
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₹2 L/yr - ₹6.5 L/yr

arrow icon 15% less
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₹2.5 L/yr - ₹4.2 L/yr

arrow icon 18% less
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₹2 L/yr - ₹6.5 L/yr

arrow icon 7% more
39 job openings
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₹3.1 L/yr - ₹4.5 L/yr

arrow icon 5% less
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₹1 L/yr - ₹5.5 L/yr

arrow icon 16% less
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₹1.2 L/yr - ₹5 L/yr

arrow icon 35% less
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₹2.8 L/yr - ₹6.3 L/yr

arrow icon 5% less
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PNB MetLife Agency Development Manager Salary

6 - 11 years exp. (5 salaries)

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₹4.1 L/yr - ₹7.8 L/yr

arrow icon 33% more
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₹2.6 L/yr - ₹3.8 L/yr

arrow icon 26% less
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₹2 L/yr - ₹5.6 L/yr

arrow icon 26% less
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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 23% less
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₹2.6 L/yr - ₹6 L/yr

arrow icon 6% less
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₹3.7 L/yr - ₹4.6 L/yr

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₹3.1 L/yr - ₹3.8 L/yr

arrow icon 18% less
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₹2.5 L/yr - ₹3 L/yr

arrow icon 38% less
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₹3.6 L/yr - ₹4 L/yr

arrow icon 13% less

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Agency Development Manager salary at Life Insurance Corporation of India ranges between ₹2.6 Lakhs to ₹5.4 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Agency Development Manager

10mo ago
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12 years exp.
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Experience wise Life Insurance Corporation of India Agency Development Manager salaries

Last Updated: 1 Mar 2024

Experience Avg Annual Salary
3 years  (4 salaries)

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₹2.6 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
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Similar Designation salaries in Life Insurance Corporation of India

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₹1.8 L/yr - ₹7 L/yr
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₹2 L/yr - ₹4 L/yr
Zonal Sales Manager Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
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₹16 L/yr - ₹20.5 L/yr
Senior Sales Manager Salary
(AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.2 L/yr
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₹3 L/yr - ₹12 L/yr
Deputy Manager Salary
(5 salaries)
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₹2.35 L/yr - ₹9.28 L/yr
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₹12 L/yr - ₹34.94 L/yr
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₹3.3 L/yr - ₹13 L/yr
Territory Sales Manager Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

Top skills at Life Insurance Corporation of India for Agency Development Manager

Life Insurance Advertising Business Development Recruitment Development Management Sales Outbound Sales Agency Sales Marketing agency development
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Salary related reviews for Life Insurance Corporation of India

5.0
  •  posted on 25 Jul 2018

3.0
 for  Salary and Benefits

Likes

Very Hard subject with Smart work (it’s not for all......!) It’s an open market but not for all who knows the pulse of market and customer portfolio they can sustain under this umbrella, other wise it’s an ocian for them they cont reach there’s destination part It’s an easy subject but but very toughf ! Who don’t know basic things

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Salary is the main part of every one career but in this domain very low salaries and long working hours

read more

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

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

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 20 Feb 2023

3.0
 for  Salary and Benefits

Likes

Good company in terms of the pay and benefits, but at a heavy price.

Dislikes

All the rules and restrictions/punishment are imposed only on class 2 officers of the organisation. Targets are imposed only on development officers.

read more
  • Skill development - Poor
  • +5 more

Full Time

 · 

Construction & Site Engineering Department

5.0
  •  posted on 24 Apr 2022

5.0
 for  Salary and Benefits

Likes

...us, we need to complete basic target - can be achieved easily to retain licence. We as agents, upon reaching membership target's, we receive bonus, advances & other benefits.

read more
  • Salary - Excellent
  • +6 more

Dislikes

In this competitive industry, we need to implement new combination policies like pvt companies, which gives multiple benefit options to choose for customer & we need to upgrade in digital marketing/Easy ways to receive customer feedback, requests, their suggestions etc. We need to cut off those lengthy process in different sections.

read more
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Life Insurance Corporation of India Agency Development Manager Salary FAQs

What is the salary of Agency Development Manager at Life Insurance Corporation of India?
Agency Development Manager salary at Life Insurance Corporation of India in India ranges between ₹2.6 Lakhs to ₹5.4 Lakhs for experience between 3 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Life Insurance Corporation of India India.
What are the top skills required to work as a Agency Development Manager at Life Insurance Corporation of India?
Life Insurance, Advertising, Business Development, Recruitment and Development Management are some of the popular skills required to work as a Agency Development Manager at Life Insurance Corporation of India India.
Which similar companies are paying more than Life Insurance Corporation of India to a Agency Development Manager in India?
  • PNB MetLife Agency Development Manager Salary - ₹4.1 Lakhs to ₹7.8 Lakhs per year
  • Max Life Insurance Agency Development Manager Salary - ₹2.0 Lakhs to ₹6.5 Lakhs per year
  • HDFC Life Agency Development Manager Salary - ₹2.3 Lakhs to ₹6.5 Lakhs per year
What is the salary of a Agency Development Manager in companies similar to Life Insurance Corporation of India in India?
  • Bajaj Allianz General Insurance Agency Development Manager Salary - ₹3.7 Lakhs to ₹4.6 Lakhs per year
  • Tata AIA Life Insurance Agency Development Manager Salary - ₹2.8 Lakhs to ₹6.3 Lakhs per year
  • Bajaj Allianz Life Insurance Agency Development Manager Salary - ₹3.1 Lakhs to ₹4.5 Lakhs per year
  • ICICI Lombard General Insurance Company Agency Development Manager Salary - ₹2.6 Lakhs to ₹6.0 Lakhs per year
  • Cholamandalam MS General Insurance Agency Development Manager Salary - ₹3.6 Lakhs to ₹4.0 Lakhs per year
What is the estimated take home salary of a Agency Development Manager at Life Insurance Corporation of India in India?
The estimated take-home salary of a Agency Development Manager at Life Insurance Corporation of India ranges between ₹32,569 per month to ₹33,845 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Agency Development Manager salary in India which ranges between ₹2.6 Lakhs to ₹5.4 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Agency Development Manager at Life Insurance Corporation of India?
According to AmbitionBox, 50% of the Life Insurance Corporation of India Agency Development Managers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Agency Development Manager salary in India ranges between ₹2.6 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.

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