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4.4

based on 1.8k Reviews

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Life Insurance Corporation of India Business Development Associate salaries in Faridabad

Annual salary range
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₹10.8 Lakhs - ₹13.8 Lakhs
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Low confidence means that this average salary is based on data that was reported by very few people.
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Last Updated: 29 Dec 2023

Companies similar to Life Insurance Corporation of India for Business Development Associate in Faridabad

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Life Insurance Corporation of India Business Development Associate Salary

15 years exp. (AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3.2 L/yr - ₹5.7 L/yr

arrow icon 69% less
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₹3 L/yr - ₹4.3 L/yr

arrow icon 70% less
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₹1.8 L/yr - ₹4 L/yr

arrow icon 80% less
Business Development Associate salary at Life Insurance Corporation of India ranges between ₹10.8 Lakhs to ₹13.8 Lakhs per year for employees with 15+ years of experience. Salary estimates are based on 1 latest salaries received from various employees of Life Insurance Corporation of India.

Top skills at Life Insurance Corporation of India for Business Development Associate

Investment Advisory Business Development Financial Advisory Sales insurance marketing Investment Products Sales Lead Generation Financial Services Sales

Salary related reviews for Life Insurance Corporation of India

Marketing Department

5.0
  •  posted on 12 Apr 2019

3.0
 for  Salary and Benefits

Likes

No office job, no fixed timings to sign in office, lot of scope to earn other than salary if worked appropriately, we are allowed to work in our own way i.e we can choose to do field job or digital marketing, once the work is done before time we can take leave for many days altogether.

read more

Dislikes

Not much salary increment according to the profile, high targets, no proper path way given to achieve targets, no confirmation till we achieve targets, no other benefits like food coupons, travel expenses, quarters till we get confirmed.

read more

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

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Dislikes

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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Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 21 Sep 2023

3.0
 for  Salary and Benefits

Likes

Job Performing Flexibility.

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

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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.

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Full Time

 · 

Construction & Site Engineering Department

5.0
  •  posted on 24 Apr 2022

5.0
 for  Salary and Benefits

Likes

...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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Dislikes

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 Business Development Associate Salary FAQs

What is the notice period for Business Development Associate at Life Insurance Corporation of India in Faridabad?
According to AmbitionBox, 100% of the Life Insurance Corporation of India Business Development Associates in Faridabad 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 Business Development Associate salary in Faridabad ranges between ₹10.8 Lakhs to ₹13.8 Lakhs. This is an estimate based on latest salaries received from employees of Life Insurance Corporation of India.