Life Insurance Corporation of India Agency Manager Salaries by 9 Employees (Updated 2025)

0 - 8 years exp.

₹1.8 Lakh - ₹4 Lakhs

Low Confidence

Salary of majority employees

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17% less than the average Agency Manager Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

Sales & Business Development Agency Manager Salary 1 - 4 years exp. (3 salaries)	Unlock ₹2 L/yr - ₹4 L/yr
Customer Success, Service & Operations Agency Manager Salary 2 - 5 years exp. (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹3.8 L/yr
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Marketing & Communication Agency Manager Salary 4 years exp. (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹3.5 L/yr

Last Updated: 25 Sep 2024

Companies similar to Life Insurance Corporation of India for Agency Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Agency Manager Salary 0 - 7 years exp. (84 salaries)	Unlock ₹1.8 L/yr - ₹7 L/yr 26% more	1 job opening
ICICI Prudential Life Insurance Agency Manager Salary 0 - 8 years exp. (156 salaries)	Unlock ₹2.2 L/yr - ₹5.3 L/yr 33% more
Login to view exact salary
SBI Life Insurance Company Agency Manager Salary 1 - 13 years exp. (280 salaries)	Unlock ₹2.8 L/yr - ₹5 L/yr 33% more	1 job opening
Axis Max Life Insurance Agency Manager Salary 2 - 11 years exp. (153 salaries)	Unlock ₹2.2 L/yr - ₹6.5 L/yr 42% more	1 job opening
Bajaj Allianz Life Insurance Agency Manager Salary 0 - 11 years exp. (8 salaries)	Unlock ₹2.5 L/yr - ₹7 L/yr 31% more
Kotak Mahindara Life Insurance Agency Manager Salary 0 - 15 years exp. (26 salaries)	Unlock ₹2 L/yr - ₹7.6 L/yr 3% more
Reliance Nippon Life Insurance Agency Manager Salary 0 - 7 years exp. (36 salaries)	Unlock ₹1.8 L/yr - ₹3.8 L/yr 2% more
Tata AIA Life Insurance Agency Manager Salary 4 - 11 years exp. (7 salaries)	Unlock ₹4.5 L/yr - ₹6 L/yr 69% more
PNB MetLife Agency Manager Salary 0 - 11 years exp. (5 salaries)	Unlock ₹2.8 L/yr - ₹7 L/yr 70% more
Aditya Birla Sun Life Insurance Agency Manager Salary 0 - 8 years exp. (202 salaries)	Unlock ₹1.8 L/yr - ₹3.5 L/yr 16% less
HDFC Ergo General Insurance Agency Manager Salary 0 - 9 years exp. (184 salaries)	Unlock ₹2 L/yr - ₹5.5 L/yr 28% more
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Aditya Birla Health Insurance Co Agency Manager Salary 0 - 8 years exp. (112 salaries)	Unlock ₹2.3 L/yr - ₹4 L/yr 9% more
Cholamandalam MS General Insurance Agency Manager Salary 0 - 5 years exp. (59 salaries)	Unlock ₹2.5 L/yr - ₹4.6 L/yr 21% more
Star Health & Allied Insurance Agency Manager Salary 0 - 10 years exp. (36 salaries)	Unlock ₹2.4 L/yr - ₹4.8 L/yr 15% more
Bajaj Allianz General Insurance Agency Manager Salary 3 - 13 years exp. (17 salaries)	Unlock ₹3.5 L/yr - ₹6.5 L/yr 56% more
ICICI Lombard General Insurance Company Agency Manager Salary 0 - 8 years exp. (13 salaries)	Unlock ₹2.4 L/yr - ₹6 L/yr 35% more
Shriram Life Insurance Agency Manager Salary 7 - 13 years exp. (5 salaries)	Unlock ₹2.4 L/yr - ₹5 L/yr 27% more
The Oriental Insurance Co. Agency Manager Salary 4 - 10 years exp. (4 salaries)	Unlock ₹1.9 L/yr - ₹7.1 L/yr 127% more
Aditya Birla Insurance Brokers Agency Manager Salary 2 - 4 years exp. (3 salaries)	Unlock ₹2.2 L/yr - ₹2.4 L/yr 21% less

Agency Manager salary at Life Insurance Corporation of India ranges between ₹1.8 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 9 latest salaries received from various employees of Life Insurance Corporation of India.

Experience wise Life Insurance Corporation of India Agency Manager salaries

Last Updated: 25 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹5.5 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹5.5 L/yr
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2 years (AmbitionBox Estimate)	Unlock ₹1.2 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹5.4 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹5.4 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3.4 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹1.2 L/yr - ₹3.6 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹1.2 L/yr - ₹3 L/yr

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Area Manager Salary

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₹2.35 L/yr - ₹9.28 L/yr

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₹2 L/yr - ₹6.5 L/yr

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Marketing Manager Salary

(AmbitionBox Estimate)

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₹13.1 L/yr - ₹16.8 L/yr

Territory Manager Salary

(6 salaries)

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₹4 L/yr - ₹11.5 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr

Top skills at Life Insurance Corporation of India for Agency Manager

Target Achievement Communication Skills Sales Marketing Convincing Power Finance Revenue Generation Life Insurance Business Development Financial Sector Leadership Skills Recruitment Management Agency Management Recruitment New Client Acquisition

Salary related reviews for Life Insurance Corporation of India

4.0

Rated by 1 employees for salary & benefits

Senior Business Development Manager

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

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

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

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

Development Officer in Mumbai

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.

Skill development - Poor

+5 more

Insurance Adviser in Suryapet

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.

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.

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Life Insurance Corporation of India Agency Manager Salary FAQs

What is the salary of Agency Manager at Life Insurance Corporation of India?

Agency Manager salary at Life Insurance Corporation of India in India ranges between ₹1.8 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 17% less than the average Agency Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Life Insurance Corporation of India India.

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

The average salary of a Agency Manager at Life Insurance Corporation of India is 17% less than the average salary of a Agency Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Agency Manager at Life Insurance Corporation of India?

Target Achievement, Communication Skills, Sales, Marketing and Convincing Power are some of the popular skills required to work as a Agency Manager at Life Insurance Corporation of India India.

Which similar companies are paying more than Life Insurance Corporation of India to a Agency Manager in India?

The Oriental Insurance Co. Agency Manager Salary - ₹1.9 Lakhs to ₹7.1 Lakhs per year
PNB MetLife Agency Manager Salary - ₹2.8 Lakhs to ₹7.0 Lakhs per year
Tata AIA Life Insurance Agency Manager Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz General Insurance Agency Manager Salary - ₹3.5 Lakhs to ₹6.5 Lakhs per year
Axis Max Life Insurance Agency Manager Salary - ₹2.2 Lakhs to ₹6.5 Lakhs per year

What is the salary of a Agency Manager in companies similar to Life Insurance Corporation of India in India?

ICICI Lombard General Insurance Company Agency Manager Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance Agency Manager Salary - ₹2.2 Lakhs to ₹5.3 Lakhs per year
SBI Life Insurance Company Agency Manager Salary - ₹2.8 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz Life Insurance Agency Manager Salary - ₹2.5 Lakhs to ₹7.0 Lakhs per year
HDFC Ergo General Insurance Agency Manager Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year

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

The estimated take-home salary of a Agency Manager at Life Insurance Corporation of India ranges between ₹21,468 per month to ₹23,109 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Agency Manager salary in India which ranges between ₹1.8 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for Agency Manager at Life Insurance Corporation of India?

According to AmbitionBox, 70% of the Life Insurance Corporation of India Agency Managers reported a notice period of 15 days or less, 30% reported a notice period of 1 Month.This is based on 10 responses on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Agency Manager Salaries

Life Insurance Corporation of India Agency Manager salary in India ranges between ₹1.8 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.