Monthly In-hand Salary
47% less than the average Assistant Manager Salary in Insurance Companies for 1 - 12 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Assistant Manager Salary
5 - 12
years
exp.
(3
salaries)
|  ₹5 L/yr - ₹8 L/yr |
Customer Success, Service & Operations
Assistant Manager Salary
3 - 8
years
exp.
(3
salaries)
| ₹2.8 L/yr - ₹5.5 L/yr |
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| |
Administration & Facilities
Assistant Manager Salary
5 - 6
years
exp.
(AmbitionBox Estimate)
| ₹2.2 L/yr - ₹6.9 L/yr |
Sales & Business Development
Assistant Manager Salary
10
years
exp.
(AmbitionBox Estimate)
| ₹2.6 L/yr - ₹4.2 L/yr |
Companies similar to Life Insurance Corporation of India for Assistant Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Kotak Mahindara Life Insurance Assistant Manager Salary
0 - 8 years exp. (746 salaries) | ₹2 L/yr - ₹4.8 L/yr 
18%
less | 1 job opening |
 Axis Max Life Insurance Assistant Manager Salary
0 - 10 years exp. (645 salaries) | ₹2 L/yr - ₹7.5 L/yr
5%
less | 20 job openings |
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| ||
 Tata AIA Life Insurance Assistant Manager Salary
2 - 17 years exp. (588 salaries) | ₹3.8 L/yr - ₹16.1 L/yr 
101%
more | 29 job openings |
 HDFC Ergo General Insurance Assistant Manager Salary
1 - 13 years exp. (541 salaries) | ₹2.6 L/yr - ₹8.7 L/yr
10%
more | |
 ICICI Prudential Life Insurance Assistant Manager Salary
1 - 12 years exp. (521 salaries) | ₹3 L/yr - ₹7.1 L/yr
20%
more | |
 SBI Life Insurance Company Assistant Manager Salary
0 - 15 years exp. (498 salaries) | ₹3.5 L/yr - ₹12.5 L/yr
62%
more | |
 Bajaj Allianz General Insurance Assistant Manager Salary
1 - 16 years exp. (413 salaries) | ₹5.1 L/yr - ₹10.7 L/yr
78%
more | 1 job opening |
 Aditya Birla Sun Life Insurance Assistant Manager Salary
0 - 10 years exp. (407 salaries) | ₹1.9 L/yr - ₹8.4 L/yr
3%
less | |
 Aditya Birla Health Insurance Co Assistant Manager Salary
0 - 9 years exp. (381 salaries) | ₹2.6 L/yr - ₹9.5 L/yr
27%
more | |
 Bajaj Allianz Life Insurance Assistant Manager Salary
2 - 14 years exp. (314 salaries) | ₹3.9 L/yr - ₹13.6 L/yr
80%
more | 1 job opening |
 HDFC Life Assistant Manager Salary
1 - 10 years exp. (271 salaries) | ₹1.7 L/yr - ₹7.5 L/yr
10%
more | |
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| ||
 Star Health & Allied Insurance Assistant Manager Salary
4 - 12 years exp. (241 salaries) | ₹3 L/yr - ₹8.5 L/yr
16%
more | |
 AIG Assistant Manager Salary
3 - 13 years exp. (199 salaries) | ₹5 L/yr - ₹16 L/yr
133%
more | |
 Reliance Nippon Life Insurance Assistant Manager Salary
1 - 15 years exp. (211 salaries) | ₹2 L/yr - ₹8 L/yr
13%
less | |
 Allianz Partners Assistant Manager Salary
3 - 12 years exp. (126 salaries) | ₹5.3 L/yr - ₹13.3 L/yr
100%
more | |
 Shriram Life Insurance Assistant Manager Salary
1 - 13 years exp. (117 salaries) | ₹2 L/yr - ₹10 L/yr
17%
more | |
| Aditya Birla Insurance Brokers Assistant Manager Salary
2 - 9 years exp. (61 salaries) | ₹2.9 L/yr - ₹9.7 L/yr
26%
more | |
 United India Insurance Company Assistant Manager Salary
5 - 12 years exp. (59 salaries) | ₹7 L/yr - ₹22 L/yr
255%
more | |
 ICICI Lombard General Insurance Company Assistant Manager Salary
0 - 13 years exp. (55 salaries) | ₹3.5 L/yr - ₹9.3 L/yr
40%
more | |
 National Insurance Company Assistant Manager Salary
4 - 12 years exp. (53 salaries) | ₹9.6 L/yr - ₹18 L/yr
225%
more | |
Experience wise Life Insurance Corporation of India Assistant Manager salaries
Last Updated: 8 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 1 year (AmbitionBox Estimate) |
₹3
L/yr
- ₹3.8
L/yr
|
| 2 years (AmbitionBox Estimate) |
₹3.2
L/yr
- ₹4.1
L/yr
|
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| |
| 3 years (AmbitionBox Estimate) |
₹3.4
L/yr
- ₹4.3
L/yr
|
| 4 years (3 salaries) |
₹1.8
L/yr
- ₹4
L/yr
|
| 5 years (5 salaries) |
₹1
L/yr
- ₹6.6
L/yr
|
Similar Designation salaries in Life Insurance Corporation of India
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Life Insurance Corporation of India Assistant Manager Salary FAQs
The top 10% of Assistant Manager at Life Insurance Corporation of India earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Assistant Manager 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 20+ Life Insurance Corporation of India employees in India.
| Principal Global Services | ₹13.0 Lakhs to ₹21.0 Lakhs per year |
| AXA | ₹10.0 Lakhs to ₹25.0 Lakhs per year |
| United India Insurance Company | ₹7.0 Lakhs to ₹22.0 Lakhs per year |
| General Insurance Corporation of India | ₹12.0 Lakhs to ₹18.0 Lakhs per year |
| The New India Assurance Co. | ₹10.0 Lakhs to ₹19.0 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.
| National Insurance Company | ₹9.6 Lakhs to ₹18.0 Lakhs per year |
| The Oriental Insurance Co. | ₹6.1 Lakhs to ₹18.0 Lakhs per year |
| Gallagher | ₹6.5 Lakhs to ₹13.0 Lakhs per year |
| AIG | ₹5.0 Lakhs to ₹16.0 Lakhs per year |
| Tata AIA Life Insurance | ₹3.8 Lakhs to ₹16.1 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹3.0 Lakhs to ₹3.8 Lakhs per year |
| 2 years | ₹3.2 Lakhs to ₹4.1 Lakhs per year |
| 3 years | ₹3.4 Lakhs to ₹4.3 Lakhs per year |
| 4 years | ₹1.8 Lakhs to ₹4.0 Lakhs per year |
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Life Insurance Corporation of India Assistant Manager salary
in
India
ranges between ₹1
Lakh to ₹8
Lakhs with an average annual salary of
₹
. Salary estimates are based on
21
Life Insurance Corporation of India latest salaries received from various employees of
Life Insurance Corporation of India.