Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Life Insurance Corporation of India Team. If you also belong to the team, you can get access from here
4.4

based on 1.8k Reviews

filter salariesFilter salaries by

Life Insurance Corporation of India Executive Director salaries in India

Annual salary range
21 - 31 years exp.
₹15 Lakhs - ₹50 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

59% less than the average Executive Director Salary in Insurance Companies for 21 - 31 years of experience

Interested in this particular role?

Salaries in different departments

Strategic & Top Management
Executive Director Salary
31 years exp. (AmbitionBox Estimate)
unlock-blur

₹15 L/yr - ₹25 L/yr

BFSI, Investments & Trading
Executive Director Salary
21 years exp. (AmbitionBox Estimate)
unlock-blur

₹36 L/yr - ₹44 L/yr

Last Updated: 25 Jun 2024

Companies similar to Life Insurance Corporation of India for Executive Director

Company name Avg Annual Salary Open Jobs
Logo
JPMorgan Chase & Co. Executive Director Salary

16 - 24 years exp. (215 salaries)

unlock blur

₹44.2 L/yr - ₹1.3 Cr/yr

arrow icon 160% more
2 job openings
Logo
Morgan Stanley Executive Director Salary

14 - 23 years exp. (130 salaries)

unlock blur

₹37 L/yr - ₹1.3 Cr/yr

arrow icon 139% more
3 job openings
Logo
Wells Fargo Executive Director Salary

14 - 24 years exp. (109 salaries)

unlock blur

₹37.4 L/yr - ₹1.2 Cr/yr

arrow icon 120% more
Logo
UBS Executive Director Salary

15 - 24 years exp. (55 salaries)

unlock blur

₹60 L/yr - ₹1.1 Cr/yr

arrow icon 160% more
Logo
MSCI Executive Director Salary

13 - 22 years exp. (43 salaries)

unlock blur

₹40 L/yr - ₹1.3 Cr/yr

arrow icon 172% more
Executive Director salary at Life Insurance Corporation of India ranges between ₹15 Lakhs to ₹50 Lakhs per year for employees with experience between 21 years to 31 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 Director

6mo ago
avg blur mobile
21 years exp.
1y ago
avg blur mobile
31 years exp.
1y ago
avg blur mobile
31 years exp.
1y ago
avg blur mobile
31 years exp.

Experience wise Life Insurance Corporation of India Executive Director salaries

Last Updated: 25 Jun 2024

Experience Avg Annual Salary
15+ years  (4 salaries)

unlock blur

₹15 L/yr - ₹50 L/yr

Similar Designation salaries in Life Insurance Corporation of India

Proprietor Salary
(AmbitionBox Estimate)
unlock blur
₹9.2 L/yr - ₹11.7 L/yr
unlock blur
₹2 L/yr - ₹4.5 L/yr
Business Head Salary
(AmbitionBox Estimate)
unlock blur
₹2.7 L/yr - ₹3.5 L/yr
Self Owner Salary
(4 salaries)
unlock blur
₹1 L/yr - ₹3.6 L/yr
Project Manager Salary
(AmbitionBox Estimate)
unlock blur
₹1.1 L/yr - ₹1.4 L/yr
General Manager Salary
(AmbitionBox Estimate)
unlock blur
₹6.9 L/yr - ₹8.9 L/yr
Owner Salary
(AmbitionBox Estimate)
unlock blur
₹1.8 L/yr - ₹2.3 L/yr
Principal Salary
(AmbitionBox Estimate)
unlock blur
₹30.6 L/yr - ₹39.1 L/yr

Salary related reviews for Life Insurance Corporation of India

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

read more

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

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.

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.

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Life Insurance Corporation of India Executive Director Salary FAQs

What is the salary of Executive Director at Life Insurance Corporation of India?
Executive Director salary at Life Insurance Corporation of India in India ranges between ₹15.0 Lakhs to ₹50.0 Lakhs for experience between 21 years to 31 years. According to our estimates it is 59% less than the average Executive Director 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 Director at Life Insurance Corporation of India India compare with the average salary range for this job?
The average salary of a Executive Director at Life Insurance Corporation of India is 59% less than the average salary of a Executive Director 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 Director in India?
  • MSCI Executive Director Salary - ₹40.0 Lakhs to ₹125.0 Lakhs per year
  • UBS Executive Director Salary - ₹60.0 Lakhs to ₹110.0 Lakhs per year
  • JPMorgan Chase & Co. Executive Director Salary - ₹44.2 Lakhs to ₹130.0 Lakhs per year
  • Morgan Stanley Executive Director Salary - ₹37.0 Lakhs to ₹130.0 Lakhs per year
  • Wells Fargo Executive Director Salary - ₹37.4 Lakhs to ₹118.5 Lakhs per year
What is the estimated take home salary of a Executive Director at Life Insurance Corporation of India in India?
The estimated take-home salary of a Executive Director at Life Insurance Corporation of India ranges between ₹1,98,398 per month to ₹2,06,232 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Executive Director salary in India which ranges between ₹15.0 Lakhs to ₹50.0 Lakhs per year for employees with experience between 21 years to 31 years. Check how did we calculate take home salary?
What is the notice period for Executive Director at Life Insurance Corporation of India?
According to AmbitionBox, 100% of the Life Insurance Corporation of India Executive Directors reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Life Insurance Corporation of India Executive Director salary in India ranges between ₹15 Lakhs to ₹50 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.