Life Insurance Corporation of India New Delhi Agent Salaries by 10+ Employees

2 - 10 years exp.

₹1.1 Lakh - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

7% more than the average Agent Salary in Insurance Companies for 2 - 10 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Agent Salary 3 - 10 years exp. (5 salaries)	₹2.3 L/yr - ₹4 L/yr
Marketing & Communication Agent Salary 3 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.2 L/yr
Login to view exact salary
Sales & Business Development Agent Salary 3 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.5 L/yr
Administration & Facilities Agent Salary 10 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
Teaching & Training Agent Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.2 L/yr

Last Updated: 17 Jul 2024

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

Life Insurance Corporation of India Agent Salary

2 - 10 years exp. (14 salaries)

₹1.1 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Agent Salary 1 - 7 years exp. (5 salaries)	₹1.9 L/yr - ₹4 L/yr 28% more
ICICI Prudential Life Insurance Agent Salary 1 - 7 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr 3% more
Login to view exact salary
Concentrix Corporation Agent Salary 0 - 6 years exp. (138 salaries)	₹1.8 L/yr - ₹4.5 L/yr 10% more
Teleperformance Agent Salary 0 - 5 years exp. (79 salaries)	₹1.1 L/yr - ₹6 L/yr 14% more	1 job opening
IGT Solutions Agent Salary 0 - 5 years exp. (52 salaries)	₹1.8 L/yr - ₹5 L/yr 15% more

Agent salary at Life Insurance Corporation of India ranges between ₹1.1 Lakh to ₹5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 14 latest salaries received from various employees of Life Insurance Corporation of India.

Experience wise Life Insurance Corporation of India Agent salaries in New Delhi

Last Updated: 17 Jul 2024

Experience	Avg Annual Salary
2 years (4 salaries)	₹1.8 L/yr - ₹3.6 L/yr
3 years (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.3 L/yr
7 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
8 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
9 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
10 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr

View all

From

Agent

₹

Lakhs/yr

1 - 10 years exp.

Branch Manager

₹

Lakhs/yr

15 - 31 years exp.

Agent

1 - 10 years exp.

Development Officer

0 - 8 years exp.

248% hike

Assistant Branch Manager

9 - 19 years exp.

5% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Life Insurance Corporation of India

Sales Executive Salary

(16 salaries)

₹1.45 L/yr - ₹5 L/yr

Top skills at Life Insurance Corporation of India for Agent

Sales Insurance Marketing Trade Finance Finance Life Insurance Selling Skills Telesales Communication Skills Planning Skills Tax Planning Presentation Skills Business Development broker Finance Function

Salary related reviews for Life Insurance Corporation of India

2.2

Rated by 3 employees for salary & benefits

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

Work-life balance - Good

Dislikes

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

Salary - Poor

+3 more

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

Salary - Excellent

+6 more

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.

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

Got a question about Life Insurance Corporation of India?

Ask anonymously on communities.

Life Insurance Corporation of India Agent Salary FAQs

What is the salary of Agent at Life Insurance Corporation of India in New Delhi?

The average salary of a Agent at Life Insurance Corporation of India in New Delhi typically ranges from ₹1.1 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Agent in New Delhi at Life Insurance Corporation of India earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Agent Salaries at Life Insurance Corporation of India can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Life Insurance Corporation of India employees in India.

What is the estimated take home salary of a Agent at Life Insurance Corporation of India in New Delhi?

The estimated take-home salary of a Agent at Life Insurance Corporation of India in New Delhi typically ranges from ₹19,838 to ₹21,504 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 2 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Life Insurance Corporation of India. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Agent at Life Insurance Corporation of India in New Delhi?

To be a Agent at Life Insurance Corporation of India in New Delhi, the key skills required include:

- Sales
- Insurance
- Marketing
- Trade Finance
- Finance

These skills are highly valued at Life Insurance Corporation of India and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Life Insurance Corporation of India for Agent in India?

Axis Max Life Insurance	₹1.9 Lakhs to ₹4.0 Lakhs per year
IGT Solutions	₹1.8 Lakhs to ₹5.0 Lakhs per year
Teleperformance	₹1.1 Lakhs to ₹6.0 Lakhs per year
Concentrix Corporation	₹1.8 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance	₹2.2 Lakhs to ₹3.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Life Insurance Corporation of India, depending on the role and experience level.

How the salary growth look like for a Agent at Life Insurance Corporation of India in New Delhi?

The salary growth for a Agent at Life Insurance Corporation of India in New Delhi depends on factors such as experience, performance, and promotions. On average, a Agent in New Delhi can expect the following growth trajectory at Life Insurance Corporation of India:

Experience	Average Salary Range
2 years	₹1.8 Lakhs to ₹3.6 Lakhs per year
3 years	₹1.5 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
5 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Life Insurance Corporation of India Salaries >
Life Insurance Corporation of India Agent Salaries >
Life Insurance Corporation of India Agent Salaries in New Delhi

Life Insurance Corporation of India Agent salary in New Delhi ranges between ₹1.1 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.