Life Insurance Corporation of India Associate Salaries by 6 Employees (Updated 2025)

1 - 10 years exp.

₹2.3 Lakhs - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

59% less than the average Associate Salary in Insurance Companies for 1 - 10 years of experience

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Salaries in different departments

Finance & Accounting Associate Salary 2 - 7 years exp. (3 salaries)	₹2.3 L/yr - ₹3 L/yr
Customer Success, Service & Operations Associate Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Sales & Business Development Associate Salary 10 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 28 Sep 2024

Companies similar to Life Insurance Corporation of India for Associate

Company name	Avg Annual Salary	Open Jobs
HDFC Life Associate Salary 0 - 3 years exp. (228 salaries)	₹1.1 L/yr - ₹3.3 L/yr 31% less
ICICI Prudential Life Insurance Associate Salary 0 - 6 years exp. (282 salaries)	₹1.7 L/yr - ₹4.4 L/yr 10% more
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SBI Life Insurance Company Associate Salary 0 - 6 years exp. (265 salaries)	₹1 L/yr - ₹4.5 L/yr 17% less
Max Life Insurance Associate Salary 0 - 5 years exp. (32 salaries)	₹2 L/yr - ₹4.3 L/yr 1% less	1 job opening
Bajaj Allianz Life Insurance Associate Salary 2 - 4 years exp. (3 salaries)	₹3.5 L/yr - ₹4.1 L/yr 20% more
Kotak Mahindara Life Insurance Associate Salary 1 - 6 years exp. (38 salaries)	₹1.3 L/yr - ₹2.7 L/yr 27% less
Reliance Nippon Life Insurance Associate Salary 2 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹7 L/yr 29% more
Tata AIA Life Insurance Associate Salary 1 - 6 years exp. (10 salaries)	₹1.3 L/yr - ₹4.4 L/yr 3% more
PNB MetLife Associate Salary 0 - 5 years exp. (7 salaries)	₹1.1 L/yr - ₹4.3 L/yr 12% less
Aditya Birla Sun Life Insurance Associate Salary 1 - 5 years exp. (15 salaries)	₹1.7 L/yr - ₹4 L/yr 1% less
HDFC Ergo General Insurance Associate Salary 1 - 8 years exp. (200 salaries)	₹1.8 L/yr - ₹5.2 L/yr 23% more
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ICICI Lombard General Insurance Company Associate Salary 0 - 6 years exp. (77 salaries)	₹0.7 L/yr - ₹3.6 L/yr 17% less
Aditya Birla Health Insurance Co Associate Salary 1 - 6 years exp. (50 salaries)	₹1.8 L/yr - ₹4 L/yr 3% less
Gallagher Associate Salary 0 - 3 years exp. (30 salaries)	₹2 L/yr - ₹4 L/yr 5% less
Allianz Partners Associate Salary 0 - 4 years exp. (20 salaries)	₹2.5 L/yr - ₹5 L/yr 27% more
AXA Associate Salary 0 - 2 years exp. (12 salaries)	₹2.5 L/yr - ₹3.5 L/yr 9% more
Principal Global Services Associate Salary 8 - 11 years exp. (6 salaries)	₹6 L/yr - ₹11.8 L/yr 188% more
Cholamandalam MS General Insurance Associate Salary 6 - 14 years exp. (4 salaries)	₹0.9 L/yr - ₹8.6 L/yr 46% more
Allianz Associate Salary 0 - 1 year exp. (4 salaries)	₹2.2 L/yr - ₹4.5 L/yr 27% more
Star Health & Allied Insurance Associate Salary 0 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹2.5 L/yr 41% less

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Associate salary at Life Insurance Corporation of India ranges between ₹2.3 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Life Insurance Corporation of India.

Experience wise Life Insurance Corporation of India Associate salaries

Last Updated: 28 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
9 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
10 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.6 L/yr

View all

Similar Designation salaries in Life Insurance Corporation of India

Senior Associate Salary

(4 salaries)

₹2.5 L/yr - ₹6 L/yr

Team Lead Salary

(17 salaries)

₹1.4 L/yr - ₹4 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Web Developer Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Software Engineer Salary

(3 salaries)

₹4.5 L/yr - ₹30 L/yr

Software Developer Salary

(3 salaries)

₹1.1 L/yr - ₹12 L/yr

Associate Software Engineer Salary

(3 salaries)

₹3 L/yr - ₹12 L/yr

Salary related reviews for Life Insurance Corporation of India

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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

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Development Officer in Mumbai

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• 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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Insurance Adviser in Suryapet

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+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.

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Life Insurance Corporation of India Associate Salary FAQs

What is the salary of Associate at Life Insurance Corporation of India?

Associate salary at Life Insurance Corporation of India in India ranges between ₹2.3 Lakhs to ₹3.6 Lakhs for experience between 1 years to 10 years. According to our estimates it is 59% less than the average Associate Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Life Insurance Corporation of India India.

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

The average salary of a Associate at Life Insurance Corporation of India is 59% less than the average salary of a Associate in India. To know exact salary insights, login to view.

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

Principal Global Services Associate Salary - ₹6.0 Lakhs to ₹11.8 Lakhs per year
The New India Assurance Co. Associate Salary - ₹2.3 Lakhs to ₹8.5 Lakhs per year
Cholamandalam MS General Insurance Associate Salary - ₹0.9 Lakhs to ₹8.6 Lakhs per year
Reliance Nippon Life Insurance Associate Salary - ₹1.8 Lakhs to ₹7.0 Lakhs per year
Allianz Associate Salary - ₹2.2 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Associate in companies similar to Life Insurance Corporation of India in India?

Allianz Partners Associate Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
HDFC Ergo General Insurance Associate Salary - ₹1.8 Lakhs to ₹5.2 Lakhs per year
Bajaj Allianz Life Insurance Associate Salary - ₹3.5 Lakhs to ₹4.1 Lakhs per year
ICICI Prudential Life Insurance Associate Salary - ₹1.7 Lakhs to ₹4.4 Lakhs per year
AXA Associate Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a Associate at Life Insurance Corporation of India ranges between ₹21,935 per month to ₹23,419 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Associate salary in India which ranges between ₹2.3 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Associate at Life Insurance Corporation of India?

According to AmbitionBox, 67% of the Life Insurance Corporation of India Associates reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 6 responses on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Associate Salaries

Life Insurance Corporation of India Associate salary in India ranges between ₹2.3 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.