Life Insurance Corporation of India Mumbai Suburban Financial Advisor Salaries by 2 Employees (Updated 2025)

5 - 6 years exp.

₹2.1 Lakhs - ₹2.7 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 3 Aug 2023

Companies similar to Life Insurance Corporation of India for Financial Advisor in Mumbai Suburban

Life Insurance Corporation of India Financial Advisor Salary

5 - 6 years exp. (AmbitionBox Estimate)

₹2.1 L/yr - ₹2.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Financial Advisor Salary 0 - 4 years exp. (14 salaries)	₹1.9 L/yr - ₹4.3 L/yr 51% more	1 job opening
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Money Honey Financial Services Financial Advisor Salary 1 - 4 years exp. (4 salaries)	₹0.4 L/yr - ₹1.8 L/yr 54% less	1 job opening

Financial Advisor salary at Life Insurance Corporation of India ranges between ₹2.1 Lakhs to ₹2.7 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 2 latest salaries received from various employees of Life Insurance Corporation of India.

Top skills at Life Insurance Corporation of India for Financial Advisor

Finance Communication Skills Insurance Sales Financial Sales Insurance Life Insurance General Insurance Insurance Sales Life Insurance Financial Planning Investment Planning part time Sales Financial Services

Salary related reviews for Life Insurance Corporation of India

Financial Advisor

Finalcial advisor Department

4.0

• posted on 12 Sep 2019

4.0

for Salary and Benefits

Likes

The Company is financial insurance sector. We have a team. We are selling high quality products, different types of insurance policy. And this company has a Indian market.

Salary - Good

+5 more

Dislikes

Compensation is decent, the work pressure is very high. Decent career opportunity, no job security.

Job security - Bad

Finance Executive in Udaipur

BFSI, Investments & Trading Department

5.0

• posted on 10 May 2018

2.0

for Salary and Benefits

Likes

...d Pratapgarh branch in post financial services executive Banccassurence channel.its company no job security and no career growth, and no salary enough,. This company good work environment and innovation.

Skill development - Excellent

+2 more

Dislikes

The Lic of India a big company insurance sector but no job security and life . The Lic of India a chitting company for employee because a large employee selections contractual basis employee and any time works out in company.

Salary - Poor

+3 more

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

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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 Financial Advisor Salary FAQs

What is the notice period for Financial Advisor at Life Insurance Corporation of India in Mumbai Suburban?

According to AmbitionBox, 100% of the Life Insurance Corporation of India Financial Advisors in Mumbai Suburban reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Financial Advisor Salaries in Mumbai Suburban

Life Insurance Corporation of India Financial Advisor salary in Mumbai Suburban ranges between ₹2.1 Lakhs to ₹2.7 Lakhs. This is an estimate based on latest salaries received from employees of Life Insurance Corporation of India.