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4.4

based on 1.8k Reviews

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Life Insurance Corporation of India Insurance Executive salaries in Chennai

Annual salary range
2 - 6 years exp.
₹1.9 Lakh - ₹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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23% less than the average Insurance Executive Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

Administration & Facilities
Insurance Executive Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2 L/yr

Customer Success, Service & Operations
Insurance Executive Salary
6 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.1 L/yr

Last Updated: 12 Mar 2023

Companies similar to Life Insurance Corporation of India for Insurance Executive in Chennai

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Life Insurance Corporation of India Insurance Executive Salary

2 - 6 years exp. (3 salaries)

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₹1.9 L/yr - ₹2 L/yr

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HDFC Life Insurance Executive Salary

1 - 4 years exp. (3 salaries)

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₹1.6 L/yr - ₹4 L/yr

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₹1.2 L/yr - ₹4.5 L/yr

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₹1.5 L/yr - ₹2.8 L/yr

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Kauvery Hospital Insurance Executive Salary

0 - 9 years exp. (7 salaries)

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₹1.8 L/yr - ₹2.6 L/yr

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Insurance Executive salary at Life Insurance Corporation of India ranges between ₹1.9 Lakh to ₹2 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Insurance Executive in Chennai

1y ago
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3 years exp.
1y ago
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2 years exp.

Experience wise Life Insurance Corporation of India Insurance Executive salaries in Chennai

Last Updated: 12 Mar 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2 L/yr
3 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2 L/yr
4 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.2 L/yr
5 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹2.2 L/yr
6 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2 L/yr

Similar Designation salaries in Life Insurance Corporation of India

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₹1.2 L/yr - ₹2.5 L/yr

Salary related reviews for Life Insurance Corporation of India

Data Science & Analytics Department

5.0
  •  posted on 28 Dec 2021

5.0
 for  Salary and Benefits

Likes

...agement is transparent.There is a huge cafeteria and gaming arcade for chilling. Company policies are good,appraisals are fair and they give good salary hike and bonus every year

read more

Dislikes

There is lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2years before which you cannot resign. On the job training is not given to new joiners.

read more

Nb department Department

5.0
  •  posted on 11 Oct 2021

2.0
 for  Salary and Benefits

Likes

...rtive team HOD and other members are very friendly and always ready to support . Good salary and no salary issue you also have an opportunity to increase your knowledge in insurance sector .

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

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Dislikes

There is a heavy workload of getting policies and sales which is very tough to get popicies on dailg basis to achieve target.

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Full Time

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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

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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.

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Life Insurance Corporation of India Insurance Executive salary in Chennai ranges between ₹1.9 Lakh to ₹2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.