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Life Insurance Corporation of India Chief Life Insurance Advisor salaries in India

Annual salary range
2 - 21 years exp.
₹3.8 Lakhs - ₹10 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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22% more than the average Chief Life Insurance Advisor Salary in Insurance Companies for 2 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Chief Life Insurance Advisor Salary
12 - 14 years exp. (3 salaries)
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₹5 L/yr - ₹7.1 L/yr

Sales & Business Development
Chief Life Insurance Advisor Salary
16 - 21 years exp. (3 salaries)
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₹5.5 L/yr - ₹8 L/yr

Last Updated: 14 Nov 2024

Companies similar to Life Insurance Corporation of India for Chief Life Insurance Advisor

Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹5 L/yr

arrow icon 27% less
Chief Life Insurance Advisor salary at Life Insurance Corporation of India ranges between ₹3.8 Lakhs to ₹10 Lakhs per year for employees with experience between 2 years to 21 years. Salary estimates are based on 11 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Chief Life Insurance Advisor

4mo ago
₹7.1 Lakhs
14 years exp.
8mo ago
₹4 Lakhs
5 years exp.
1y ago
₹7 Lakhs
13 years exp.

Experience wise Life Insurance Corporation of India Chief Life Insurance Advisor salaries

Last Updated: 14 Nov 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹9.2 L/yr
3 years (AmbitionBox Estimate)

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

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₹4.8 L/yr - ₹6.1 L/yr
5 years (AmbitionBox Estimate)

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₹4 L/yr - ₹9.8 L/yr
6 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
View all

Similar Designation salaries in Life Insurance Corporation of India

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₹1 L/yr - ₹6 L/yr
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₹2 L/yr - ₹2.5 L/yr
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₹2.5 L/yr - ₹3.5 L/yr
Branch Manager Salary
(15 salaries)
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₹9.65 L/yr - ₹31 L/yr
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₹2.5 L/yr - ₹6 L/yr
Sales Officer Salary
(11 salaries)
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₹1 L/yr - ₹5 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
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₹2.15 L/yr - ₹5 L/yr
Sales Manager Salary
(12 salaries)
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₹3.6 L/yr - ₹6.5 L/yr
Sales Executive Salary
(67 salaries)
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₹1 L/yr - ₹6 L/yr

Top skills at Life Insurance Corporation of India for Chief Life Insurance Advisor

Policies New Business Development New Business Development Gratuity Prospecting Life Insurance Insurance After Sales Service Customer Relationship Sales Life Insurance customer support Freelancing Prospecting Policies

Salary related reviews for Life Insurance Corporation of India

4.1

Rated by 7 employees for salary & benefits

Other Department

4.0
  •  posted on 30 May 2022

2.0
 for  Salary and Benefits

Likes

Unertaion income because very hard comptision sale insurance no any traning give by lic deparatment it mean leck of knoledge

read more
  • Work-life balance - Good

Dislikes

Reguler income must but if you done lic than you have any bonus or income othersvise no money

read more
  • Salary - Poor
  • +3 more

Finalcial advisor Department

4.0
  •  posted on 12 Sep 2019

4.0
 for  Salary and Benefits

Likes

The Company is financial insurance sector. We have a team. We are selling high quality products, different types of insurance policy. And this company has a Indian market.

read more
  • Salary - Good
  • +5 more

Dislikes

Compensation is decent, the work pressure is very high. Decent career opportunity, no job security.

read more
  • Job security - Bad

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

read more
  • 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.

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  • Skill development - Poor
  • +2 more

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

read more
  • Promotions - Poor

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.

read more
  • Skill development - Poor
  • +5 more
see more salary related reviews

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Life Insurance Corporation of India Chief Life Insurance Advisor Salary FAQs

What is the salary of Chief Life Insurance Advisor at Life Insurance Corporation of India ?
The average salary of a Chief Life Insurance Advisor at Life Insurance Corporation of India in India typically ranges from ₹3.8 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 2 years to 21 years).

The top 10% of Chief Life Insurance Advisor at Life Insurance Corporation of India earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹12.9 Lakhs per year. Chief Life Insurance Advisor Salaries at Life Insurance Corporation of India can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Life Insurance Corporation of India employees in India.
What is the estimated take home salary of a Chief Life Insurance Advisor at Life Insurance Corporation of India in India?
The estimated take-home salary of a Chief Life Insurance Advisor at Life Insurance Corporation of India in India typically ranges from ₹46,346 to ₹47,445 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 2 years to 21 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Life Insurance Corporation of India. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Chief Life Insurance Advisor at Life Insurance Corporation of India ?
To be a Chief Life Insurance Advisor at Life Insurance Corporation of India in india, the key skills required include:

  • - Policies
  • - New Business Development
  • - New Business Development
  • - Gratuity
  • - Prospecting

These skills are highly valued at Life Insurance Corporation of India and are crucial for successful performance in a Software Engineering role.
What is the salary of a Chief Life Insurance Advisor in companies similar to Life Insurance Corporation of India in India?
The salary of a Chief Life Insurance Advisor at companies similar to Life Insurance Corporation of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance ₹4.0 Lakhs to ₹5.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Chief Life Insurance Advisor at Life Insurance Corporation of India in India?
The salary growth for a Chief Life Insurance Advisor at Life Insurance Corporation of India depends on factors such as experience, performance, and promotions. On average, a Chief Life Insurance Advisor can expect the following growth trajectory at Life Insurance Corporation of India:

Experience Average Salary Range
2 years ₹3.8 Lakhs to ₹9.2 Lakhs per year
3 years ₹4.7 Lakhs to ₹6.0 Lakhs per year
4 years ₹4.8 Lakhs to ₹6.1 Lakhs per year
5 years ₹4.0 Lakhs to ₹9.8 Lakhs per year
and so on.

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Life Insurance Corporation of India Chief Life Insurance Advisor salary in India ranges between ₹3.8 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.