Life Insurance Corporation of India Consultant Salaries by 2 Employees (Updated 2025)

1 - 12 years exp.

₹3 Lakhs - ₹3.8 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 4 Apr 2023

Companies similar to Life Insurance Corporation of India for Consultant

Company name	Avg Annual Salary	Open Jobs
HDFC Life Consultant Salary 0 - 12 years exp. (15 salaries)	₹1.2 L/yr - ₹6.5 L/yr 65% more
ICICI Prudential Life Insurance Consultant Salary 0 - 5 years exp. (41 salaries)	₹1 L/yr - ₹6 L/yr 16% less
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Bajaj Allianz Life Insurance Consultant Salary 1 - 7 years exp. (4 salaries)	₹3 L/yr - ₹5.5 L/yr 14% more	2 job openings
Kotak Mahindara Life Insurance Consultant Salary 0 - 8 years exp. (5 salaries)	₹6 L/yr - ₹12 L/yr 155% more
Reliance Nippon Life Insurance Consultant Salary 1 - 15 years exp. (7 salaries)	₹1 L/yr - ₹6 L/yr 13% less
PNB MetLife Consultant Salary 1 - 7 years exp. (30 salaries)	₹1.8 L/yr - ₹5 L/yr 7% less
Aditya Birla Sun Life Insurance Consultant Salary 4 - 10 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 85% more
ICICI Lombard General Insurance Company Consultant Salary 0 - 10 years exp. (36 salaries)	₹1.5 L/yr - ₹7.7 L/yr 11% more
Principal Global Services Consultant Salary 6 - 15 years exp. (25 salaries)	₹19.1 L/yr - ₹39 L/yr 809% more
AON Global Insurance Brokers Consultant Salary 2 - 12 years exp. (7 salaries)	₹7.8 L/yr - ₹17.5 L/yr 247% more
AXA Consultant Salary 8 - 12 years exp. (7 salaries)	₹8 L/yr - ₹17.6 L/yr 255% more
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Care Health Insurance Consultant Salary 3 - 8 years exp. (6 salaries)	₹3.5 L/yr - ₹5.2 L/yr 14% more
Gallagher Consultant Salary 4 - 18 years exp. (5 salaries)	₹20.5 L/yr - ₹25.5 L/yr 562% more
Aditya Birla Health Insurance Co Consultant Salary 2 - 13 years exp. (5 salaries)	₹8 L/yr - ₹15 L/yr 227% more
HDFC Ergo General Insurance Consultant Salary 0 - 7 years exp. (5 salaries)	₹2.2 L/yr - ₹9.5 L/yr 60% more
Bajaj Allianz General Insurance Consultant Salary 1 - 8 years exp. (4 salaries)	₹1.8 L/yr - ₹6.6 L/yr 35% more
Allianz Consultant Salary 5 - 8 years exp. (4 salaries)	₹9.5 L/yr - ₹22 L/yr 369% more
Shriram Life Insurance Consultant Salary 0 - 17 years exp. (3 salaries)	₹1.4 L/yr - ₹5.2 L/yr 15% more
Star Health & Allied Insurance Consultant Salary 11 - 12 years exp. (3 salaries)	₹4.2 L/yr - ₹12.1 L/yr 139% more

Consultant salary at Life Insurance Corporation of India ranges between ₹3 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 2 latest salaries received from various employees of Life Insurance Corporation of India.

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Salary related reviews for Life Insurance Corporation of India

5.0

Rated by 1 employees for salary & benefits

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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Life Insurance Corporation of India Consultant Salary FAQs

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

According to AmbitionBox, 83% of the Life Insurance Corporation of India Consultants reported a notice period of 15 days or less, 17% reported a notice period of 2 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Consultant Salaries

Life Insurance Corporation of India Consultant salary in India ranges between ₹3 Lakhs to ₹3.8 Lakhs. This is an estimate based on latest salaries received from employees of Life Insurance Corporation of India.