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Life Insurance Corporation of India Divisional Manager salaries in India

Annual salary range
20 - 33 years exp.
₹16 Lakhs - ₹25 Lakhs
Salary of majority employees
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14% more than the average Divisional Manager Salary in Insurance Companies for 20 - 33 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Divisional Manager Salary
20 - 33 years exp. (4 salaries)
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₹16 L/yr - ₹18 L/yr

Marketing & Communication
Divisional Manager Salary
31 years exp. (AmbitionBox Estimate)
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₹18 L/yr - ₹25 L/yr

Customer Success, Service & Operations
Divisional Manager Salary
31 years exp. (AmbitionBox Estimate)
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₹18.7 L/yr - ₹24 L/yr

Last Updated: 23 Jan 2025

Companies similar to Life Insurance Corporation of India for Divisional Manager

Company name Avg Annual Salary Open Jobs
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₹12 L/yr - ₹25 L/yr

arrow icon 2% less
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₹3.4 L/yr - ₹9.5 L/yr

arrow icon 63% less
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₹14 L/yr - ₹20 L/yr

arrow icon 8% less
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₹4 L/yr - ₹14.2 L/yr

arrow icon 60% less
Logo
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₹5.6 L/yr - ₹9.5 L/yr

arrow icon 66% less
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₹12 L/yr - ₹28 L/yr

arrow icon 11% less
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₹10.7 L/yr - ₹22 L/yr

arrow icon 20% less
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₹12.5 L/yr - ₹23.2 L/yr

arrow icon 9% less
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₹12 L/yr - ₹13.4 L/yr

arrow icon 35% less
Divisional Manager salary at Life Insurance Corporation of India ranges between ₹16 Lakhs to ₹25 Lakhs per year for employees with experience between 20 years to 33 years. Salary estimates are based on 13 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Divisional Manager

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31 years exp.
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31 years exp.
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33 years exp.
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20 years exp.
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31 years exp.
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32 years exp.
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31 years exp.
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31 years exp.
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31 years exp.
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31 years exp.

Experience wise Life Insurance Corporation of India Divisional Manager salaries

Last Updated: 23 Jan 2025

Experience Avg Annual Salary
15+ years  (13 salaries)

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₹16 L/yr - ₹25 L/yr

Similar Designation salaries in Life Insurance Corporation of India

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₹12 L/yr - ₹34.94 L/yr
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₹1 L/yr - ₹5.75 L/yr
Senior Sales Manager Salary
(AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.2 L/yr
Branch Manager Salary
(14 salaries)
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₹15.31 L/yr - ₹28 L/yr
Area Manager Salary
(4 salaries)
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₹7.5 L/yr - ₹10 L/yr
Marketing Manager Salary
(AmbitionBox Estimate)
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₹13.1 L/yr - ₹16.8 L/yr
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₹2.15 L/yr - ₹5 L/yr
Deputy Manager Salary
(5 salaries)
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₹2.35 L/yr - ₹9.28 L/yr
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₹4 L/yr - ₹11.5 L/yr
Sales Manager Salary
(19 salaries)
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₹2 L/yr - ₹6.5 L/yr

Salary related reviews for Life Insurance Corporation of India

4.9

Rated by 15 employees for salary & benefits

Customer Success, Service & Operations Department

5.0
  •  posted on 25 Aug 2020

5.0
 for  Salary and Benefits

Likes

...rking enviornment & culture.Management has been very supportive and transparent.In every 5 years, there is a salary hike which has been better than banks.Corporation's policies are good and appraisals are almost fair.

read more
  • Salary - Excellent
  • +6 more

Dislikes

In every cadre , time period for promotions is very long.In some cadre it is 9 to 12 years.

BFSI, Investments & Trading Department

5.0
  •  posted on 26 Mar 2018

5.0
 for  Salary and Benefits

Likes

Team spirit is excellent . Training, job security, career growth, salary and appraisal are also excellent. There is no scope of politics in the institution. Excellent Working environment along with innovative ideas for development of personnel as well as corporation.

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  • Salary - Excellent
  • +6 more

Dislikes

None

Teaching & Training Department

4.0
  •  posted on 18 Jun 2020

5.0
 for  Salary and Benefits

Likes

Good people, helpful seniors, good salary, help in skill development

  • Salary - Excellent
  • +4 more

Dislikes

Direct recruit and promotee divide.....preferential treatment to direct recruit officers.....perhaps coporate policy. In the marketing side there is imbalance in work-life.

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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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  • Skill development - Excellent
  • +5 more

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

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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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  • 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.

read more
  • Skill development - Poor
  • +2 more
see more salary related reviews

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Life Insurance Corporation of India Divisional Manager Salary FAQs

What is the salary of Divisional Manager at Life Insurance Corporation of India?
Divisional Manager salary at Life Insurance Corporation of India in India ranges between ₹16.0 Lakhs to ₹25.0 Lakhs for experience between 20 years to 33 years. According to our estimates it is 14% more than the average Divisional Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Life Insurance Corporation of India India.
How does the salary of a Divisional Manager at Life Insurance Corporation of India India compare with the average salary range for this job?
The average salary of a Divisional Manager at Life Insurance Corporation of India is 14% more than the average salary of a Divisional Manager in India. To know exact salary insights, login to view.
What is the salary of a Divisional Manager in companies similar to Life Insurance Corporation of India in India?
  • SBI Life Insurance Company Divisional Manager Salary - ₹12.0 Lakhs to ₹25.0 Lakhs per year
  • Kotak Mahindara Life Insurance Divisional Manager Salary - ₹14.0 Lakhs to ₹20.0 Lakhs per year
  • United India Insurance Company Divisional Manager Salary - ₹12.5 Lakhs to ₹23.2 Lakhs per year
  • National Insurance Company Divisional Manager Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
  • The New India Assurance Co. Divisional Manager Salary - ₹10.7 Lakhs to ₹22.0 Lakhs per year
What is the estimated take home salary of a Divisional Manager at Life Insurance Corporation of India in India?
The estimated take-home salary of a Divisional Manager at Life Insurance Corporation of India ranges between ₹1,30,175 per month to ₹1,34,786 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Divisional Manager salary in India which ranges between ₹16.0 Lakhs to ₹25.0 Lakhs per year for employees with experience between 20 years to 33 years. Check how did we calculate take home salary?
What is the notice period for Divisional Manager at Life Insurance Corporation of India?
According to AmbitionBox, 50% of the Life Insurance Corporation of India Divisional Managers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 8 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Life Insurance Corporation of India Divisional Manager salary in India ranges between ₹16 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.