Life Insurance Corporation of India Branch Operation Executive Salaries by Employees

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₹1.8 Lakh - ₹2.3 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 8 Dec 2021

Companies similar to Life Insurance Corporation of India for Branch Operation Executive

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Branch Operation Executive Salary 0 - 4 years exp. (75 salaries)	₹1.8 L/yr - ₹4.6 L/yr 76% more
Shriram Life Insurance Branch Operation Executive Salary 2 - 5 years exp. (45 salaries)	₹1.1 L/yr - ₹3.8 L/yr 6% more
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Tata AIA Life Insurance Branch Operation Executive Salary 2 - 9 years exp. (43 salaries)	₹2.4 L/yr - ₹5.5 L/yr 117% more	8 job openings
ICICI Prudential Life Insurance Branch Operation Executive Salary 0 - 6 years exp. (29 salaries)	₹2 L/yr - ₹3.5 L/yr 34% more
Reliance Nippon Life Insurance Branch Operation Executive Salary 1 - 8 years exp. (19 salaries)	₹1.6 L/yr - ₹3.4 L/yr 10% more
Bajaj Allianz Life Insurance Branch Operation Executive Salary 0 - 9 years exp. (16 salaries)	₹2.2 L/yr - ₹3.9 L/yr 51% more
Aditya Birla Sun Life Insurance Branch Operation Executive Salary 2 - 8 years exp. (13 salaries)	₹1.8 L/yr - ₹5 L/yr 23% more
Axis Max Life Insurance Branch Operation Executive Salary 5 - 9 years exp. (7 salaries)	₹2.7 L/yr - ₹3.6 L/yr 48% more
Aditya Birla Health Insurance Co Branch Operation Executive Salary 2 - 8 years exp. (7 salaries)	₹2.6 L/yr - ₹3.8 L/yr 62% more
HDFC Life Branch Operation Executive Salary 3 - 9 years exp. (6 salaries)	₹2.3 L/yr - ₹3 L/yr 34% more
Cholamandalam MS General Insurance Branch Operation Executive Salary 2 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹1.8 L/yr 13% less
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Bajaj Allianz General Insurance Branch Operation Executive Salary 3 - 15 years exp. (4 salaries)	₹2.8 L/yr - ₹4.5 L/yr 86% more
SBI Life Insurance Company Branch Operation Executive Salary 3 - 9 years exp. (4 salaries)	₹1.6 L/yr - ₹3.8 L/yr 4% more
Star Health & Allied Insurance Branch Operation Executive Salary 0 - 13 years exp. (4 salaries)	₹2.5 L/yr - ₹3.3 L/yr 45% more

Branch Operation Executive salary at Life Insurance Corporation of India ranges between ₹1.8 Lakh to ₹2.3 Lakhs per year for employees with 11 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Life Insurance Corporation of India.

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Top skills at Life Insurance Corporation of India for Branch Operation Executive

customer Branch Operations

Salary related reviews for Life Insurance Corporation of India

Advisor in Kulgam

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5.0

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for Salary and Benefits

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Good bonus Good incentives Respect given by whole team of LIC Good guidance and counselling and training sessions at LIC office

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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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...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

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Good company in terms of the pay and benefits, but at a heavy price.

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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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• 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.

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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

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No job security at ADO/PDO post. Work life balance (what is it ?). Forget about help from colleague. If you are from sound and wealthy background just dive in.

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Life Insurance Corporation of India Branch Operation Executive Salary FAQs

How the salary growth look like for a Branch Operation Executive at Life Insurance Corporation of India in India?

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

Experience	Average Salary Range
11 years	₹1.8 Lakhs to ₹2.3 Lakhs per year

and so on.

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Life Insurance Corporation of India Branch Operation Executive Salaries by Location

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Life Insurance Corporation of India Branch Operation Executive Salaries

Life Insurance Corporation of India Branch Operation Executive salary in India ranges between ₹1.8 Lakh to ₹2.3 Lakhs. This is an estimate based on latest salaries received from employees of Life Insurance Corporation of India.

Life Insurance Corporation of India Branch Operation Executive salaries in India

Companies similar to Life Insurance Corporation of India for Branch Operation Executive

Similar Designation salaries in Life Insurance Corporation of India

Top skills at Life Insurance Corporation of India for Branch Operation Executive

Salary related reviews for Life Insurance Corporation of India

Advisor in Kulgam

Development Officer in Hyderabad / Secunderabad

Development Officer in Mumbai

Insurance Adviser in Suryapet

Development Officer in Birbhum

Life Insurance Corporation of India Branch Operation Executive Salary FAQs

Tell us how to improve this page.

Life Insurance Corporation of India Branch Operation Executive Salaries by Location