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4.4

based on 1.8k Reviews

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Life Insurance Corporation of India Business Development Officer salaries in New Delhi

Annual salary range
2 - 6 years exp.
₹2.3 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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43% more than the average Business Development Officer Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Business Development Officer Salary
3 - 6 years exp. (3 salaries)
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₹2.3 L/yr - ₹4.4 L/yr

Marketing & Communication
Business Development Officer Salary
2 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹5.2 L/yr

Production, Manufacturing & Engineering
Business Development Officer Salary
4 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹4.3 L/yr

Last Updated: 22 Sep 2024

Companies similar to Life Insurance Corporation of India for Business Development Officer in New Delhi

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Life Insurance Corporation of India Business Development Officer Salary

2 - 6 years exp. (6 salaries)

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₹2.3 L/yr - ₹5.5 L/yr

vs
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₹2 L/yr - ₹4.2 L/yr

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5 job openings
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₹2.3 L/yr - ₹3.8 L/yr

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₹2.5 L/yr - ₹5.4 L/yr

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1 job opening
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₹1.6 L/yr - ₹2.9 L/yr

arrow icon 55% less
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₹1.7 L/yr - ₹3 L/yr

arrow icon 55% less
Business Development Officer salary at Life Insurance Corporation of India ranges between ₹2.3 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Business Development Officer in New Delhi

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Experience wise Life Insurance Corporation of India Business Development Officer salaries in New Delhi

Last Updated: 22 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹4 L/yr - ₹9 L/yr
3 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹9.1 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹9.3 L/yr
5 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹9.5 L/yr

Similar Designation salaries in Life Insurance Corporation of India

Sales Executive Salary
(16 salaries)
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₹1.45 L/yr - ₹5 L/yr
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₹1.8 L/yr - ₹4.19 L/yr

Salary related reviews for Life Insurance Corporation of India

3.0

Rated by 2 employees for salary & benefits

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.

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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.

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5.0
  •  posted on 25 Jul 2018

3.0
 for  Salary and Benefits

Likes

Very Hard subject with Smart work (it’s not for all......!) It’s an open market but not for all who knows the pulse of market and customer portfolio they can sustain under this umbrella, other wise it’s an ocian for them they cont reach there’s destination part It’s an easy subject but but very toughf ! Who don’t know basic things

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Dislikes

Salary is the main part of every one career but in this domain very low salaries and long working hours

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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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Life Insurance Corporation of India Business Development Officer Salary FAQs

What is the salary of Business Development Officer at Life Insurance Corporation of India New Delhi?
Business Development Officer salary at Life Insurance Corporation of India in New Delhi ranges between ₹2.3 Lakhs to ₹5.5 Lakhs for experience between 2 years to 6 years. According to our estimates it is 43% more than the average Business Development Officer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Life Insurance Corporation of India New Delhi.
How does the salary of a Business Development Officer at Life Insurance Corporation of India New Delhi compare with the average salary range for this job?
The average salary of a Business Development Officer at Life Insurance Corporation of India is 43% more than the average salary of a Business Development Officer in New Delhi. To know exact salary insights, login to view.
What is the salary of a Business Development Officer in companies similar to Life Insurance Corporation of India in New Delhi?
  • Akums Drugs & Pharmaceuticals Limited Business Development Officer Salary - ₹2.5 Lakhs to ₹5.4 Lakhs per year
  • Equitas Small Finance Bank Business Development Officer Salary - ₹2.0 Lakhs to ₹4.2 Lakhs per year
  • Fusion Microfinance Business Development Officer Salary - ₹2.3 Lakhs to ₹3.8 Lakhs per year
  • MyMoneyMantra Business Development Officer Salary - ₹1.7 Lakhs to ₹3.0 Lakhs per year
  • ICICI Bank Business Development Officer Salary - ₹1.6 Lakhs to ₹2.9 Lakhs per year
What is the estimated take home salary of a Business Development Officer at Life Insurance Corporation of India in New Delhi?
The estimated take-home salary of a Business Development Officer at Life Insurance Corporation of India ranges between ₹38,945 per month to ₹40,126 per month in New Delhi. The take-home salary calculation is based on the average Life Insurance Corporation of India Business Development Officer salary in India which ranges between ₹2.3 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

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Life Insurance Corporation of India Business Development Officer salary in New Delhi ranges between ₹2.3 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.