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 12 years. Salary
estimates are based on
11 latest salaries received
from various employees of Life Insurance Corporation of India.
Experience wise Life Insurance Corporation of India LIC Advisor salaries in Mumbai
Last Updated: 7 Sep 2024
Experience | Avg Annual Salary |
---|---|
1 year (AmbitionBox Estimate) |
₹2.4
L/yr
- ₹3.1
L/yr
|
2 years (AmbitionBox Estimate) |
₹2.5
L/yr
- ₹3.1
L/yr
|
Login to view exact salary
| |
3 years (3 salaries) |
₹2
L/yr
- ₹3.2
L/yr
|
4 years (AmbitionBox Estimate) |
₹2.5
L/yr
- ₹3.2
L/yr
|
5 years (3 salaries) |
₹1
L/yr
- ₹3.2
L/yr
|
View all
Similar Designation salaries in Life Insurance Corporation of India
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
Discover interview dos and don'ts from real experiences
Top trending discussions
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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive

Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview.
1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining.
2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon
3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too.
4. Leaves – We get 21 paid leaves a year.
I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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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 in Mumbai?
The average salary of a LIC Advisor at Life Insurance Corporation of India in Mumbai typically ranges from ₹1.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 12 years).
The top 10% of LIC Advisor in Mumbai at Life Insurance Corporation of India earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. LIC Advisor 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 10+ Life Insurance Corporation of India employees in India.
The top 10% of LIC Advisor in Mumbai at Life Insurance Corporation of India earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. LIC Advisor 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 10+ Life Insurance Corporation of India employees in India.
What is the estimated take home salary of a LIC Advisor at Life Insurance Corporation of India in Mumbai?
The estimated take-home salary of a LIC Advisor at Life Insurance Corporation of India in Mumbai typically ranges from ₹20,819 to ₹22,470 per month. This is based on the average salary range of
₹1.0 Lakhs to ₹5.0 Lakhs
per year for employees with experience ranging from 1 year 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 10+ salaries received from various employees of Life Insurance Corporation of India. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a LIC Advisor at Life Insurance Corporation of India in Mumbai?
To be a LIC Advisor at Life Insurance Corporation of India in Mumbai, the key skills required include:
These skills are highly valued at Life Insurance Corporation of India and are crucial for successful performance in a Software Engineering role.
- - Communication Skills
- - Insurance Advisory
- - Sales Executive Activities
- - Life Insurance
- - Cross Selling
These skills are highly valued at Life Insurance Corporation of India and are crucial for successful performance in a Software Engineering role.
How the salary growth look like for a LIC Advisor at Life Insurance Corporation of India in Mumbai?
The salary growth for a LIC Advisor at Life Insurance Corporation of India in Mumbai depends on factors such as experience, performance, and promotions. On average, a LIC Advisor in Mumbai can expect the following growth trajectory at Life Insurance Corporation of India:
and so on.
Experience | Average Salary Range |
---|---|
1 year | ₹2.4 Lakhs to ₹3.1 Lakhs per year |
2 years | ₹2.5 Lakhs to ₹3.1 Lakhs per year |
3 years | ₹2.0 Lakhs to ₹3.2 Lakhs per year |
4 years | ₹2.5 Lakhs to ₹3.2 Lakhs per year |
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- Life Insurance Corporation of India LIC Advisor Salaries in Mumbai
Life Insurance Corporation of India LIC Advisor salary
in
Mumbai
ranges between ₹1
Lakh to ₹5
Lakhs with an average annual salary of
₹. Salary estimates are based on
11
Life Insurance Corporation of India latest salaries received from various employees of
Life Insurance Corporation of India.