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Life Insurance Corporation of India Agency Sales Manager salaries in India (Updated 2025)

Annual salary range
0 - 31 years exp.
₹0.5 Lakh - ₹3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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41% less than the average Agency Sales Manager Salary in Insurance Companies for 0 - 31 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Agency Sales Manager Salary
Fresher (AmbitionBox Estimate)
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₹0.5 L/yr - ₹0.6 L/yr

Finance & Accounting
Agency Sales Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Sales & Business Development
Agency Sales Manager Salary
31 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 23 Feb 2025

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

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

1 - 6 years exp. (11 salaries)

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₹3.2 L/yr - ₹5 L/yr

arrow icon 87% more
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₹2.9 L/yr - ₹6.3 L/yr

arrow icon 109% more
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SBI Life Insurance Company Agency Sales Manager Salary

3 - 4 years exp. (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr

arrow icon 78% more
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₹3 L/yr - ₹4 L/yr

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₹2.5 L/yr - ₹5 L/yr

arrow icon 76% more
3 job openings
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₹2.2 L/yr - ₹4.7 L/yr

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4 job openings
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₹1.5 L/yr - ₹3 L/yr

arrow icon 3% more
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₹3 L/yr - ₹3 L/yr

arrow icon 40% more
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₹3 L/yr - ₹3.5 L/yr

arrow icon 43% more
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₹3.1 L/yr - ₹6.1 L/yr

arrow icon 95% more
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₹5.1 L/yr - ₹8.1 L/yr

arrow icon 177% more
3 job openings
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₹3.9 L/yr - ₹4.1 L/yr

arrow icon 78% more
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₹2.6 L/yr - ₹4.5 L/yr

arrow icon 56% more

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Agency Sales Manager salary at Life Insurance Corporation of India ranges between ₹0.5 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 31 years. Salary estimates are based on 3 latest salaries received from various employees of Life Insurance Corporation of India.

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

3d ago
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3 years exp.
5mo ago
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31 years exp.

Experience wise Life Insurance Corporation of India Agency Sales Manager salaries

Last Updated: 23 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹0.5 L/yr - ₹0.6 L/yr
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
15+ years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Life Insurance Corporation of India

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₹2 L/yr - ₹4 L/yr
Senior Sales Manager Salary
(AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.2 L/yr
Sales Manager Salary
(19 salaries)
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₹2 L/yr - ₹6.5 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
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₹12 L/yr - ₹34.94 L/yr
Area Manager Salary
(4 salaries)
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₹7.5 L/yr - ₹10 L/yr
Branch Manager Salary
(14 salaries)
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₹15.31 L/yr - ₹28 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr
Deputy Manager Salary
(5 salaries)
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₹2.35 L/yr - ₹9.28 L/yr

Salary related reviews for Life Insurance Corporation of India

5.0

Rated by 2 employees for salary & benefits

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.

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  • 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 Sales Manager Salary FAQs

What is the notice period for Agency Sales Manager at Life Insurance Corporation of India?
According to AmbitionBox, 33% of the Life Insurance Corporation of India Agency Sales Managers reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Agency Sales Manager salary in India ranges between ₹0.5 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.