Life Insurance Corporation of India HR Manager Salaries by 4 Employees

3 - 12 years exp.

₹4 Lakhs - ₹5.3 Lakhs

Low Confidence

Salary of majority employees

56% less than the average HR Manager Salary in Insurance Companies for 3 - 12 years of experience

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Last Updated: 13 May 2024

Companies similar to Life Insurance Corporation of India for HR Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company HR Manager Salary 1 - 10 years exp. (68 salaries)	₹4 L/yr - ₹11.8 L/yr 36% more
HDFC Life HR Manager Salary 1 - 13 years exp. (44 salaries)	₹7.1 L/yr - ₹21 L/yr 150% more
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Axis Max Life Insurance HR Manager Salary 7 - 15 years exp. (42 salaries)	₹8.5 L/yr - ₹23 L/yr 218% more
ICICI Prudential Life Insurance HR Manager Salary 1 - 10 years exp. (31 salaries)	₹6 L/yr - ₹14.4 L/yr 110% more
HDFC Ergo General Insurance HR Manager Salary 1 - 18 years exp. (26 salaries)	₹6.5 L/yr - ₹16 L/yr 87% more
SBI Life Insurance Company HR Manager Salary 4 - 16 years exp. (26 salaries)	₹7 L/yr - ₹16 L/yr 107% more
Cholamandalam MS General Insurance HR Manager Salary 9 - 17 years exp. (25 salaries)	₹5.2 L/yr - ₹18.6 L/yr 139% more
Tata AIA Life Insurance HR Manager Salary 6 - 14 years exp. (18 salaries)	₹9 L/yr - ₹20 L/yr 220% more
Kotak Mahindara Life Insurance HR Manager Salary 2 - 12 years exp. (17 salaries)	₹3 L/yr - ₹7.5 L/yr 4% more	1 job opening
Bajaj Allianz Life Insurance HR Manager Salary 2 - 12 years exp. (16 salaries)	₹9.9 L/yr - ₹20 L/yr 199% more
Reliance Nippon Life Insurance HR Manager Salary 2 - 15 years exp. (15 salaries)	₹3.8 L/yr - ₹9.3 L/yr 74% more
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Star Health & Allied Insurance HR Manager Salary 9 - 18 years exp. (14 salaries)	₹4 L/yr - ₹14 L/yr 89% more
Aditya Birla Sun Life Insurance HR Manager Salary 2 - 10 years exp. (11 salaries)	₹5.8 L/yr - ₹22 L/yr 176% more
Gallagher HR Manager Salary 9 - 12 years exp. (8 salaries)	₹8.1 L/yr - ₹16 L/yr 166% more
Aditya Birla Health Insurance Co HR Manager Salary 7 - 10 years exp. (6 salaries)	₹8.5 L/yr - ₹14.5 L/yr 119% more
Shriram Life Insurance HR Manager Salary 0 - 11 years exp. (5 salaries)	₹1.3 L/yr - ₹8.1 L/yr 30% less

HR Manager salary at Life Insurance Corporation of India ranges between ₹4 Lakhs to ₹5.3 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India.

Experience wise Life Insurance Corporation of India HR Manager salaries

Last Updated: 13 May 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.4 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
11 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
12 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

View all

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Salary related reviews for Life Insurance Corporation of India

Administration Assistant in Ghatal

Kgp Department

5.0

• posted on 29 May 2021

5.0

for Salary and Benefits

Likes

...k life balance. Only disturbing thing is posting. You can't get transfer easily. Salary is much Impressive🤩. I just love my organization.

Salary - Excellent

+5 more

Dislikes

Nothing at all.

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

Insurance Adviser in Suryapet

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.

Salary - Excellent

+6 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.

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Life Insurance Corporation of India HR Manager Salary FAQs

What is the salary of HR Manager at Life Insurance Corporation of India ?

The average salary of a HR Manager at Life Insurance Corporation of India in India typically ranges from ₹4.0 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of HR Manager at Life Insurance Corporation of India earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. HR Manager 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.

What is the estimated take home salary of a HR Manager at Life Insurance Corporation of India in India?

The estimated take-home salary of a HR Manager at Life Insurance Corporation of India in India typically ranges from ₹36,961 to ₹38,172 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 3 years to 12 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Life Insurance Corporation of India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Life Insurance Corporation of India for HR Manager in India?

Tata AIA Life Insurance	₹9.0 Lakhs to ₹20.0 Lakhs per year
Axis Max Life Insurance	₹8.5 Lakhs to ₹23.0 Lakhs per year
Bajaj Allianz Life Insurance	₹9.9 Lakhs to ₹20.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹5.8 Lakhs to ₹22.0 Lakhs per year
Gallagher	₹8.1 Lakhs to ₹16.0 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.

What is the salary of a HR Manager in companies similar to Life Insurance Corporation of India in India?

The salary of a HR Manager at companies similar to Life Insurance Corporation of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life	₹7.1 Lakhs to ₹21.0 Lakhs per year
Cholamandalam MS General Insurance	₹5.2 Lakhs to ₹18.6 Lakhs per year
Aditya Birla Health Insurance Co	₹8.5 Lakhs to ₹14.5 Lakhs per year
ICICI Prudential Life Insurance	₹6.0 Lakhs to ₹14.4 Lakhs per year
SBI Life Insurance Company	₹7.0 Lakhs to ₹16.0 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.

How the salary growth look like for a HR Manager at Life Insurance Corporation of India in India?

The salary growth for a HR Manager at Life Insurance Corporation of India depends on factors such as experience, performance, and promotions. On average, a HR Manager can expect the following growth trajectory at Life Insurance Corporation of India:

Experience	Average Salary Range
3 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
4 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
5 years	₹4.3 Lakhs to ₹5.4 Lakhs per year
6 years	₹4.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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Life Insurance Corporation of India HR Manager Salaries

Life Insurance Corporation of India HR Manager salary in India ranges between ₹4 Lakhs to ₹5.3 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.