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4.4

based on 1.8k Reviews

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Life Insurance Corporation of India Executive salaries in India

Annual salary range
2 - 4 years exp.
₹2.4 Lakhs - ₹5.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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At par with the average Executive Salary in Insurance Companies for 2 - 4 years of experience

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Salaries in different departments

Human Resources
Executive Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹5 L/yr

Administration & Facilities
Executive Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹4.4 L/yr

Last Updated: 1 Aug 2024

Companies similar to Life Insurance Corporation of India for Executive

Company name Avg Annual Salary Open Jobs
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HDFC Life Executive Salary

0 - 5 years exp. (85 salaries)

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₹2.4 L/yr - ₹5 L/yr

arrow icon 10% less
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₹1.2 L/yr - ₹3.7 L/yr

arrow icon 42% less
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SBI Life Insurance Company Executive Salary

1 - 11 years exp. (29 salaries)

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₹1.4 L/yr - ₹6 L/yr

arrow icon 23% less
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Max Life Insurance Executive Salary

0 - 6 years exp. (208 salaries)

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₹1 L/yr - ₹5.5 L/yr

arrow icon 27% less
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Bajaj Allianz Life Insurance Executive Salary

0 - 6 years exp. (65 salaries)

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₹1.6 L/yr - ₹5.1 L/yr

arrow icon 24% less
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₹1.5 L/yr - ₹4.4 L/yr

arrow icon 31% less
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₹1.5 L/yr - ₹4.2 L/yr

arrow icon 37% less
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Tata AIA Life Insurance Executive Salary

2 - 10 years exp. (88 salaries)

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₹2.5 L/yr - ₹6.5 L/yr

arrow icon 4% more
1 job opening
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PNB MetLife Executive Salary

0 - 7 years exp. (33 salaries)

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₹2 L/yr - ₹4.2 L/yr

arrow icon 32% less
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₹1.8 L/yr - ₹3.3 L/yr

arrow icon 40% less
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Star Health & Allied Insurance Executive Salary

0 - 6 years exp. (197 salaries)

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₹1.6 L/yr - ₹4.6 L/yr

arrow icon 33% less
2 job openings
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₹2.3 L/yr - ₹5.6 L/yr

arrow icon 3% less
4 job openings
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HDFC Ergo General Insurance Executive Salary

1 - 6 years exp. (183 salaries)

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₹1.5 L/yr - ₹4.9 L/yr

arrow icon 27% less
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Shriram Life Insurance Executive Salary

0 - 6 years exp. (46 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 38% less
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₹1.8 L/yr - ₹6 L/yr

arrow icon 37% less
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₹1.8 L/yr - ₹4.3 L/yr

arrow icon 33% less
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₹1.9 L/yr - ₹4.6 L/yr

arrow icon 24% less
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Care Health Insurance Executive Salary

1 - 7 years exp. (14 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 38% less
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Gallagher Executive Salary

1 - 4 years exp. (11 salaries)

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₹2.3 L/yr - ₹3.5 L/yr

arrow icon 31% less
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Allianz Partners Executive Salary

1 - 3 years exp. (7 salaries)

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₹2 L/yr - ₹3.3 L/yr

arrow icon 37% less
View all
Executive salary at Life Insurance Corporation of India ranges between ₹2.4 Lakhs to ₹5.2 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Executive

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Experience wise Life Insurance Corporation of India Executive salaries

Last Updated: 1 Aug 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹7.6 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹8.1 L/yr

Similar Designation salaries in Life Insurance Corporation of India

Officer Salary
(3 salaries)
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₹1.2 L/yr - ₹3.2 L/yr
Supervisor Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr
Deputy Manager Salary
(5 salaries)
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₹2.35 L/yr - ₹9.28 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

Salary related reviews for Life Insurance Corporation of India

5.0

Rated by 2 employees for salary & benefits

BFSI, Investments & Trading Department

5.0
  •  posted on 28 Aug 2018

5.0
 for  Salary and Benefits

Likes

As a Lic worker in 6 years GOOD experience but job was not secured.

Dislikes

.... No experience certificate allow by company and not deducted any PF in 6 years. Also not given salary slip. CARIER ALSO BACK 6 YEAR

read more

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

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

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.

read more

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.

read 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.

read more
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Life Insurance Corporation of India Executive Salary FAQs

What is the salary of Executive at Life Insurance Corporation of India?
Executive salary at Life Insurance Corporation of India in India ranges between ₹2.4 Lakhs to ₹5.2 Lakhs for experience between 2 years to 4 years. According to our estimates it is 2% less than the average Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India India.
How does the salary of a Executive at Life Insurance Corporation of India India compare with the average salary range for this job?
The average salary of a Executive at Life Insurance Corporation of India is 2% less than the average salary of a Executive in India. To know exact salary insights, login to view.
Which similar companies are paying more than Life Insurance Corporation of India to a Executive in India?
  • Tata AIA Life Insurance Executive Salary - ₹2.5 Lakhs to ₹6.5 Lakhs per year
What is the salary of a Executive in companies similar to Life Insurance Corporation of India in India?
  • Allianz Executive Salary - ₹2.1 Lakhs to ₹8.5 Lakhs per year
  • Bajaj Allianz General Insurance Executive Salary - ₹2.3 Lakhs to ₹5.6 Lakhs per year
  • HDFC Life Executive Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
  • AON Global Insurance Brokers Executive Salary - ₹3.0 Lakhs to ₹4.7 Lakhs per year
  • SBI Life Insurance Company Executive Salary - ₹1.4 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Executive at Life Insurance Corporation of India in India?
The estimated take-home salary of a Executive at Life Insurance Corporation of India ranges between ₹33,435 per month to ₹34,698 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Executive salary in India which ranges between ₹2.4 Lakhs to ₹5.2 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?
What is the notice period for Executive at Life Insurance Corporation of India?
According to AmbitionBox, 83% of the Life Insurance Corporation of India Executives reported a notice period of 15 days or less, 17% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Life Insurance Corporation of India Executive salary in India ranges between ₹2.4 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.