Life Insurance Corporation of India Area Sales Manager Salaries by 4 Employees (Updated 2025)

4 - 5 years exp.

₹2 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

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68% less than the average Area Sales Manager Salary in Insurance Companies for 4 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Sales Manager Salary 4 years exp. (AmbitionBox Estimate)	Unlock ₹3.6 L/yr - ₹4.4 L/yr
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Sales & Business Development Area Sales Manager Salary 4 years exp. (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹4 L/yr

Last Updated: 15 Feb 2025

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

Company name	Avg Annual Salary	Open Jobs
HDFC Life Area Sales Manager Salary 2 - 10 years exp. (42 salaries)	Unlock ₹2 L/yr - ₹8 L/yr 35% more
ICICI Prudential Life Insurance Area Sales Manager Salary 1 - 13 years exp. (130 salaries)	Unlock ₹4.7 L/yr - ₹14.5 L/yr 199% more
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SBI Life Insurance Company Area Sales Manager Salary 6 - 14 years exp. (17 salaries)	Unlock ₹3.8 L/yr - ₹13.5 L/yr 182% more
Axis Max Life Insurance Area Sales Manager Salary 3 - 12 years exp. (61 salaries)	Unlock ₹2.8 L/yr - ₹9.7 L/yr 67% more
Bajaj Allianz Life Insurance Area Sales Manager Salary 3 - 13 years exp. (25 salaries)	Unlock ₹3.5 L/yr - ₹13.6 L/yr 139% more
Kotak Mahindara Life Insurance Area Sales Manager Salary 1 - 21 years exp. (8 salaries)	Unlock ₹3.5 L/yr - ₹8.4 L/yr 125% more
Reliance Nippon Life Insurance Area Sales Manager Salary 1 - 9 years exp. (18 salaries)	Unlock ₹1.8 L/yr - ₹5 L/yr At par
Tata AIA Life Insurance Area Sales Manager Salary 7 - 18 years exp. (91 salaries)	Unlock ₹5.2 L/yr - ₹16.8 L/yr 283% more
PNB MetLife Area Sales Manager Salary 1 - 10 years exp. (26 salaries)	Unlock ₹1.9 L/yr - ₹9.5 L/yr 73% more
Aditya Birla Sun Life Insurance Area Sales Manager Salary 3 - 15 years exp. (76 salaries)	Unlock ₹4 L/yr - ₹15.5 L/yr 197% more
ICICI Lombard General Insurance Company Area Sales Manager Salary 9 - 18 years exp. (198 salaries)	Unlock ₹7.6 L/yr - ₹22.4 L/yr 302% more
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Aditya Birla Health Insurance Co Area Sales Manager Salary 6 - 15 years exp. (143 salaries)	Unlock ₹5 L/yr - ₹16 L/yr 231% more
HDFC Ergo General Insurance Area Sales Manager Salary 7 - 17 years exp. (140 salaries)	Unlock ₹4.9 L/yr - ₹18.3 L/yr 229% more
Bajaj Allianz General Insurance Area Sales Manager Salary 6 - 16 years exp. (62 salaries)	Unlock ₹2.9 L/yr - ₹12 L/yr 139% more	9 job openings
Cholamandalam MS General Insurance Area Sales Manager Salary 5 - 15 years exp. (39 salaries)	Unlock ₹5.1 L/yr - ₹13.6 L/yr 150% more
Shriram Life Insurance Area Sales Manager Salary 2 - 16 years exp. (17 salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 35% more
Star Health & Allied Insurance Area Sales Manager Salary 3 - 18 years exp. (4 salaries)	Unlock ₹4.8 L/yr - ₹9.5 L/yr 55% more
Aditya Birla Insurance Brokers Area Sales Manager Salary 7 - 12 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹12.7 L/yr 126% more
AIG Area Sales Manager Salary 5 - 15 years exp. (3 salaries)	Unlock ₹9.1 L/yr - ₹9.5 L/yr 193% more

Area Sales Manager salary at Life Insurance Corporation of India ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India.

Experience wise Life Insurance Corporation of India Area Sales Manager salaries

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	Unlock ₹3.4 L/yr - ₹4.4 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in Life Insurance Corporation of India

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₹15.31 L/yr - ₹28 L/yr

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₹3.7 L/yr - ₹4.7 L/yr

Deputy Manager Salary

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₹1 L/yr - ₹5.75 L/yr

Salary related reviews for Life Insurance Corporation of India

Advisor in Kulgam

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 19 Jul 2024

5.0

for Salary and Benefits

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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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Development Officer in Hyderabad / Secunderabad

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• posted on 21 Sep 2023

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...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

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Insurance Adviser in Suryapet

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Construction & Site Engineering Department

5.0

• posted on 24 Apr 2022

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...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

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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.

Development Officer in Birbhum

Full Time

Sales & Business Development Department

3.0

• posted on 31 Oct 2022

4.0

for Salary and Benefits

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Daispora of LICI. Salary and Perks. Free to work.

Salary - Good

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Job security - Bad

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Life Insurance Corporation of India Area Sales Manager Salary FAQs

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

Area Sales Manager salary at Life Insurance Corporation of India in India ranges between ₹2.0 Lakhs to ₹4.0 Lakhs for experience between 4 years to 5 years. According to our estimates it is 68% less than the average Area Sales Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India India.

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

The average salary of a Area Sales Manager at Life Insurance Corporation of India is 68% less than the average salary of a Area Sales Manager in India. To know exact salary insights, login to view.

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

ICICI Lombard General Insurance Company Area Sales Manager Salary - ₹7.6 Lakhs to ₹22.4 Lakhs per year
Tata AIA Life Insurance Area Sales Manager Salary - ₹5.2 Lakhs to ₹16.8 Lakhs per year
Aditya Birla Health Insurance Co Area Sales Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
HDFC Ergo General Insurance Area Sales Manager Salary - ₹4.9 Lakhs to ₹18.3 Lakhs per year
ICICI Prudential Life Insurance Area Sales Manager Salary - ₹4.7 Lakhs to ₹14.5 Lakhs per year

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

Aditya Birla Sun Life Insurance Area Sales Manager Salary - ₹4.0 Lakhs to ₹15.5 Lakhs per year
AIG Area Sales Manager Salary - ₹9.1 Lakhs to ₹9.5 Lakhs per year
SBI Life Insurance Company Area Sales Manager Salary - ₹3.8 Lakhs to ₹13.5 Lakhs per year
Cholamandalam MS General Insurance Area Sales Manager Salary - ₹5.1 Lakhs to ₹13.6 Lakhs per year
Bajaj Allianz General Insurance Area Sales Manager Salary - ₹2.9 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Area Sales Manager at Life Insurance Corporation of India ranges between ₹22,703 per month to ₹24,176 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Area Sales Manager salary in India which ranges between ₹2.0 Lakhs to ₹4.0 Lakhs per year for employees with experience between 4 years to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Life Insurance Corporation of India Area Sales Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Area Sales Manager Salaries

Life Insurance Corporation of India Area Sales Manager salary in India ranges between ₹2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.