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4.4

based on 1.8k Reviews

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Life Insurance Corporation of India LIC Advisor salaries in Chennai

Annual salary range
1 - 8 years exp.
₹1 Lakh - ₹5 Lakhs
Salary of majority employees
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102% more than the average LIC Advisor Salary in Insurance Companies for 1 - 8 years of experience

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Last Updated: 23 Apr 2024

LIC Advisor salary at Life Insurance Corporation of India ranges between ₹1 Lakh to ₹5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 7 latest salaries received from various employees of Life Insurance Corporation of India.

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

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2 years exp.
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Experience wise Life Insurance Corporation of India LIC Advisor salaries in Chennai

Last Updated: 23 Apr 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)

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₹1 L/yr - ₹4.9 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹5 L/yr
View all

Similar Designation salaries in Life Insurance Corporation of India

Branch Manager Salary
(3 salaries)
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₹8 L/yr - ₹28 L/yr

Top skills at Life Insurance Corporation of India for LIC Advisor

Communication Skills Insurance Advisory Sales Executive Activities Life Insurance Cross Selling Insurance Sales insurance marketing Field Marketing Marketing Sales Support Business Development Life Insurance Health Insurance Brand Management Sales Management

Salary related reviews for Life Insurance Corporation of India

5.0

Rated by 1 employees for salary & benefits

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

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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.

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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.

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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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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.

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Life Insurance Corporation of India LIC Advisor Salary FAQs

What is the salary of LIC Advisor at Life Insurance Corporation of India Chennai?
LIC Advisor salary at Life Insurance Corporation of India in Chennai ranges between ₹1.0 Lakhs to ₹5.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 102% more than the average LIC Advisor Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Life Insurance Corporation of India Chennai.
How does the salary of a LIC Advisor at Life Insurance Corporation of India Chennai compare with the average salary range for this job?
The average salary of a LIC Advisor at Life Insurance Corporation of India is 102% more than the average salary of a LIC Advisor in Chennai. To know exact salary insights, login to view.
What are the top skills required to work as a LIC Advisor at Life Insurance Corporation of India?
Communication Skills, Insurance Advisory, Sales Executive Activities, Life Insurance and Cross Selling are some of the popular skills required to work as a LIC Advisor at Life Insurance Corporation of India Chennai.
What is the estimated take home salary of a LIC Advisor at Life Insurance Corporation of India in Chennai?
The estimated take-home salary of a LIC Advisor at Life Insurance Corporation of India ranges between ₹20,069 per month to ₹21,731 per month in Chennai. The take-home salary calculation is based on the average Life Insurance Corporation of India LIC Advisor salary in India which ranges between ₹1.0 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for LIC Advisor at Life Insurance Corporation of India in Chennai?
According to AmbitionBox, 56% of the Life Insurance Corporation of India LIC Advisors in Chennai reported a notice period of 15 days or less, 22% reported a notice period of More than 3 months and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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Life Insurance Corporation of India LIC Advisor salary in Chennai ranges between ₹1 Lakh to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.