Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary10% less than 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)
|  ₹3.5 L/yr - ₹4 L/yr |
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| |
Administration & Facilities
Executive Salary
2 - 3
years
exp.
(AmbitionBox Estimate)
| ₹2.4 L/yr - ₹3.7 L/yr |
Companies similar to Life Insurance Corporation of India for Executive
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Star Health & Allied Insurance Executive Salary
0 - 7 years exp. (227 salaries) | ₹1.6 L/yr - ₹4.8 L/yr 
26%
less | |
 Bajaj Allianz General Insurance Executive Salary
1 - 8 years exp. (207 salaries) | ₹2.2 L/yr - ₹5.7 L/yr 
2%
more | 3 job openings |
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| ||
 Axis Max Life Insurance Executive Salary
0 - 6 years exp. (208 salaries) | ₹1.2 L/yr - ₹5.2 L/yr
19%
less | |
 HDFC Ergo General Insurance Executive Salary
2 - 6 years exp. (165 salaries) | ₹1.7 L/yr - ₹6.5 L/yr
19%
less | |
 Tata AIA Life Insurance Executive Salary
1 - 9 years exp. (104 salaries) | ₹2 L/yr - ₹6.5 L/yr
8%
more | 1 job opening |
 HDFC Life Executive Salary
0 - 5 years exp. (80 salaries) | ₹2.2 L/yr - ₹5 L/yr
3%
less | |
 Bajaj Allianz Life Insurance Executive Salary
1 - 6 years exp. (53 salaries) | ₹1.8 L/yr - ₹5.3 L/yr
16%
less | |
 Aditya Birla Sun Life Insurance Executive Salary
0 - 5 years exp. (49 salaries) | ₹1.8 L/yr - ₹3.5 L/yr
36%
less | |
 Shriram Life Insurance Executive Salary
0 - 6 years exp. (50 salaries) | ₹1.8 L/yr - ₹3.5 L/yr
36%
less | |
 ICICI Prudential Life Insurance Executive Salary
1 - 8 years exp. (43 salaries) | ₹1.2 L/yr - ₹3.3 L/yr
38%
less | |
 Aditya Birla Health Insurance Co Executive Salary
0 - 6 years exp. (43 salaries) | ₹1.8 L/yr - ₹3.8 L/yr
30%
less | |
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| ||
 ICICI Lombard General Insurance Company Executive Salary
1 - 6 years exp. (33 salaries) | ₹1.8 L/yr - ₹6 L/yr
29%
less | |
 Cholamandalam MS General Insurance Executive Salary
2 - 10 years exp. (33 salaries) | ₹1.9 L/yr - ₹4.3 L/yr
20%
less | |
 SBI Life Insurance Company Executive Salary
1 - 11 years exp. (29 salaries) | ₹1.4 L/yr - ₹6 L/yr
18%
less | |
 Kotak Mahindara Life Insurance Executive Salary
1 - 4 years exp. (23 salaries) | ₹1 L/yr - ₹4.4 L/yr
27%
less | |
 Reliance Nippon Life Insurance Executive Salary
1 - 6 years exp. (19 salaries) | ₹1.5 L/yr - ₹4.3 L/yr
27%
less | |
 Gallagher Executive Salary
1 - 4 years exp. (11 salaries) | ₹2.3 L/yr - ₹3.5 L/yr
25%
less | |
 Allianz Partners Executive Salary
1 - 7 years exp. (9 salaries) | ₹2 L/yr - ₹4.4 L/yr
29%
less | |
| Aditya Birla Insurance Brokers Executive Salary
0 - 5 years exp. (7 salaries) | ₹2 L/yr - ₹3.3 L/yr
36%
less | |
 General Insurance Corporation of India Executive Salary
0 - 10 years exp. (4 salaries) | ₹2.5 L/yr - ₹2.6 L/yr
39%
less | |
Latest annual salaries shared by Life Insurance Corporation of India Executive
Experience wise Life Insurance Corporation of India Executive salaries
Last Updated: 1 Aug 2024
| Experience | Avg Annual Salary |
|---|---|
| 2 years (AmbitionBox Estimate) |
₹2.4
L/yr
- ₹4
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹2.4
L/yr
- ₹7.1
L/yr
|
Login to view exact salary
| |
| 4 years (AmbitionBox Estimate) |
₹3.5
L/yr
- ₹7.6
L/yr
|
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Life Insurance Corporation of India Executive Salary FAQs
The top 10% of Executive at Life Insurance Corporation of India earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Executive 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 4 Life Insurance Corporation of India employees in India.
| Tata AIA Life Insurance | ₹2.0 Lakhs to ₹6.5 Lakhs per year |
| Allianz | ₹2.1 Lakhs to ₹8.5 Lakhs per year |
| Bajaj Allianz General Insurance | ₹2.2 Lakhs to ₹5.7 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Life Insurance Corporation of India, depending on the role and experience level.
| HDFC Life | ₹2.2 Lakhs to ₹5.0 Lakhs per year |
| AON Global Insurance Brokers | ₹3.0 Lakhs to ₹4.7 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹1.8 Lakhs to ₹5.3 Lakhs per year |
| SBI Life Insurance Company | ₹1.4 Lakhs to ₹6.0 Lakhs per year |
| HDFC Ergo General Insurance | ₹1.7 Lakhs to ₹6.5 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.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹2.4 Lakhs to ₹4.0 Lakhs per year |
| 3 years | ₹2.4 Lakhs to ₹7.1 Lakhs per year |
| 4 years | ₹3.5 Lakhs to ₹7.6 Lakhs per year |
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Life Insurance Corporation of India Executive salary
in
India
ranges between ₹2.4
Lakhs to ₹4.9
Lakhs with an average annual salary of
₹. Salary estimates are based on
4
Life Insurance Corporation of India latest salaries received from various employees of
Life Insurance Corporation of India.