Life Insurance Corporation of India Business Head Salaries by Employees (Updated 2025)

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₹2.7 Lakhs - ₹3.5 Lakhs

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Last Updated: 24 Nov 2024

Companies similar to Life Insurance Corporation of India for Business Head

Company name	Avg Annual Salary	Open Jobs
Shriram Life Insurance Business Head Salary 21 - 29 years exp. (3 salaries)	Unlock ₹18.9 L/yr - ₹24.2 L/yr 580% more	1 job opening
Star Health & Allied Insurance Business Head Salary 16 - 22 years exp. (3 salaries)	Unlock ₹55 L/yr - ₹60 L/yr 1788% more
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BYJU'S Business Head Salary 6 - 14 years exp. (43 salaries)	Unlock ₹15 L/yr - ₹25 L/yr 521% more
Oyo Rooms Business Head Salary 3 - 18 years exp. (38 salaries)	Unlock ₹12.3 L/yr - ₹51.4 L/yr 886% more	1 job opening
Enrich Hair And Skin Solutions Business Head Salary 8 - 17 years exp. (34 salaries)	Unlock ₹4.2 L/yr - ₹10 L/yr 96% more

Business Head salary at Life Insurance Corporation of India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 1 latest salaries received from various employees of Life Insurance Corporation of India.

Similar Designation salaries in Life Insurance Corporation of India

Business Manager Salary

(5 salaries)

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₹1 L/yr - ₹5.75 L/yr

Branch Manager Salary

(14 salaries)

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₹15.31 L/yr - ₹28 L/yr

General Manager Salary

(AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.9 L/yr

Head Operations Salary

(AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr

Operations Manager Salary

(4 salaries)

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₹2 L/yr - ₹4.5 L/yr

Business Development Manager Salary

(16 salaries)

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₹1.8 L/yr - ₹7 L/yr

Associate Vice President Salary

(AmbitionBox Estimate)

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₹37.8 L/yr - ₹48.3 L/yr

Salary related reviews for Life Insurance Corporation of India

Advisor in Kulgam

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

Salary - Excellent

+3 more

Dislikes

There is a heavy workload of getting policies and sales which is very tough to get popicies on dailg basis to achieve target.

Skill development - Poor

+2 more

Development Officer in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

5.0

• posted on 21 Sep 2023

3.0

for Salary and Benefits

Likes

Job Performing Flexibility.

Job security - Excellent

+3 more

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

Promotions - Poor

Development Officer in Mumbai

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.

Skill development - Poor

+5 more

Insurance Adviser in Suryapet

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.

Salary - Excellent

+6 more

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.

Development Officer in Birbhum

Full Time

Sales & Business Development Department

3.0

• posted on 31 Oct 2022

4.0

for Salary and Benefits

Likes

Daispora of LICI. Salary and Perks. Free to work.

Salary - Good

+1 more

Dislikes

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.

Job security - Bad

+4 more

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Life Insurance Corporation of India Business Head Salary FAQs

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

According to AmbitionBox, 100% of the Life Insurance Corporation of India Business Heads reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Business Head Salaries

Life Insurance Corporation of India Business Head salary in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs. This is an estimate based on latest salaries received from employees of Life Insurance Corporation of India.