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4.4

based on 1.8k Reviews

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Life Insurance Corporation of India Agency Manager salaries in New Delhi

Annual salary range
3 - 8 years exp.
₹2.5 Lakhs - ₹3.6 Lakhs
Salary of majority employees
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14% less than the average Agency Manager Salary in Insurance Companies for 3 - 8 years of experience

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Salaries in different departments

Marketing & Communication
Agency Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.5 L/yr

Sales & Business Development
Agency Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.4 L/yr

Last Updated: 11 Aug 2024

Companies similar to Life Insurance Corporation of India for Agency Manager in New Delhi

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Life Insurance Corporation of India Agency Manager Salary

3 - 8 years exp. (4 salaries)

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₹2.5 L/yr - ₹3.6 L/yr

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

5 - 6 years exp. (5 salaries)

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₹4 L/yr - ₹5.5 L/yr

arrow icon 36% more
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₹2.7 L/yr - ₹5 L/yr

arrow icon 29% more
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₹3.3 L/yr - ₹5.1 L/yr

arrow icon 38% more
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Max Life Insurance Agency Manager Salary

1 - 15 years exp. (22 salaries)

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₹3 L/yr - ₹6 L/yr

arrow icon 50% more
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₹2.1 L/yr - ₹3.3 L/yr

arrow icon 14% less
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₹2.7 L/yr - ₹3.8 L/yr

arrow icon 7% more
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Care Health Insurance Agency Manager Salary

0 - 8 years exp. (19 salaries)

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₹2.3 L/yr - ₹4 L/yr

arrow icon 9% more
2 job openings
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₹3 L/yr - ₹5 L/yr

arrow icon 22% more
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₹2.9 L/yr - ₹3.8 L/yr

arrow icon 26% more
4 job openings
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Shriram Life Insurance Agency Manager Salary

11 - 13 years exp. (3 salaries)

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₹2.4 L/yr - ₹4 L/yr

arrow icon 1% more
Agency Manager salary at Life Insurance Corporation of India ranges between ₹2.5 Lakhs to ₹3.6 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Agency Manager in New Delhi

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3 years exp.
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8 years exp.
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7 years exp.

Experience wise Life Insurance Corporation of India Agency Manager salaries in New Delhi

Last Updated: 11 Aug 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.4 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.4 L/yr
7 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.6 L/yr
View all

Similar Designation salaries in Life Insurance Corporation of India

LIC Advisor Salary
(23 salaries)
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₹1 L/yr - ₹5.4 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

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

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Dislikes

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

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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

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Dislikes

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

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Full Time

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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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Full Time

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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.

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Full Time

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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.

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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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Life Insurance Corporation of India Agency Manager Salary FAQs

What is the salary of Agency Manager at Life Insurance Corporation of India New Delhi?
Agency Manager salary at Life Insurance Corporation of India in New Delhi ranges between ₹2.5 Lakhs to ₹3.6 Lakhs for experience between 3 years to 8 years. According to our estimates it is 14% less than the average Agency Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India New Delhi.
How does the salary of a Agency Manager at Life Insurance Corporation of India New Delhi compare with the average salary range for this job?
The average salary of a Agency Manager at Life Insurance Corporation of India is 14% less than the average salary of a Agency Manager in New Delhi. 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 New Delhi.
Which similar companies are paying more than Life Insurance Corporation of India to a Agency Manager in New Delhi?
  • Max Life Insurance Agency Manager Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
  • SBI Life Insurance Company Agency Manager Salary - ₹3.3 Lakhs to ₹5.1 Lakhs per year
  • HDFC Life Agency Manager Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year
  • ICICI Prudential Life Insurance Agency Manager Salary - ₹2.7 Lakhs to ₹5.0 Lakhs per year
  • HDFC Ergo General Insurance Agency Manager Salary - ₹2.9 Lakhs to ₹3.8 Lakhs per year
What is the salary of a Agency Manager in companies similar to Life Insurance Corporation of India in New Delhi?
  • Star Health & Allied Insurance Agency Manager Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
  • Care Health Insurance Agency Manager Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year
  • Aditya Birla Health Insurance Co Agency Manager Salary - ₹2.7 Lakhs to ₹3.8 Lakhs per year
  • Shriram Life Insurance Agency Manager Salary - ₹2.4 Lakhs to ₹4.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Agency Manager Salary - ₹2.1 Lakhs to ₹3.3 Lakhs per year
What is the estimated take home salary of a Agency Manager at Life Insurance Corporation of India in New Delhi?
The estimated take-home salary of a Agency Manager at Life Insurance Corporation of India ranges between ₹21,467 per month to ₹23,109 per month in New Delhi. The take-home salary calculation is based on the average Life Insurance Corporation of India Agency Manager salary in India which ranges between ₹2.5 Lakhs to ₹3.6 Lakhs per year for employees with experience between 3 years 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 in New Delhi?
According to AmbitionBox, 75% of the Life Insurance Corporation of India Agency Managers in New Delhi reported a notice period of 15 days or less, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Life Insurance Corporation of India Agency Manager salary in New Delhi ranges between ₹2.5 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.