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Life Insurance Corporation of India Life Insurance Advisor salaries in Hyderabad / Secunderabad

Annual salary range
1 - 12 years exp.
₹1.2 Lakh - ₹3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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18% less than the average Life Insurance Advisor Salary in Insurance Companies for 1 - 12 years of experience

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Last Updated: 14 Sep 2023

Life Insurance Advisor salary at Life Insurance Corporation of India ranges between ₹1.2 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Life Insurance Advisor in Hyderabad / Secunderabad

1y ago
₹2 Lakhs
12 years exp.

Experience wise Life Insurance Corporation of India Life Insurance Advisor salaries in Hyderabad / Secunderabad

Last Updated: 14 Sep 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr
2 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr
5 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.6 L/yr
View all

Similar Designation salaries in Life Insurance Corporation of India

LIC Agent Salary
(21 salaries)
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₹1.5 L/yr - ₹5 L/yr
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₹1.2 L/yr - ₹5 L/yr
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₹1.8 L/yr - ₹4 L/yr

Top skills at Life Insurance Corporation of India for Life Insurance Advisor

Sales Life Insurance Marketing Communication Skills Insurance Sales Presentation Skills Marketing Campaigns Human Resource Management Customer Satisfaction Interpersonal Skills Advisory Field Work Insurance Market Intelligence broking

Salary related reviews for Life Insurance Corporation of India

Delhi 1 do 1st Department

4.0
  •  posted on 25 Feb 2019

4.0
 for  Salary and Benefits

Likes

In this company life insurance adviser is a primary post based on commission . The company can not give a salary. Agent will sale a policy .Then he will earn commission amount. It's depend on sale of policy what will be earn per day .Per month per year.

read more
  • Salary - Good
  • +1 more

Dislikes

I don't know

Part Time

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BFSI, Investments & Trading Department

5.0
  •  posted on 13 Oct 2023

4.0
 for  Salary and Benefits

Likes

You are always thinking about the lic customers and give importance to the customers and immediately settlement option after policy maturity.l like that

read more
  • Salary - Good
  • +6 more

Dislikes

...es and more benefits from mutual fund.So many people thinking this long period . some people I loss my money from lic ,we have to pay two years but they are not giving back my money.this is my survey till now.

read more

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
  • Salary - Excellent
  • +6 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

Other Department

4.0
  •  posted on 30 May 2022

2.0
 for  Salary and Benefits

Likes

Unertaion income because very hard comptision sale insurance no any traning give by lic deparatment it mean leck of knoledge

read more
  • Work-life balance - Good

Dislikes

Reguler income must but if you done lic than you have any bonus or income othersvise no money

read more
  • Salary - Poor
  • +3 more

LIC Agent Department

3.0
  •  posted on 09 May 2021

5.0
 for  Salary and Benefits

Likes

...gement 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
  • Salary - Excellent

Dislikes

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

read more
  • Job security - Poor
  • +3 more
see more salary related reviews

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Life Insurance Corporation of India Life Insurance Advisor Salary FAQs

What is the salary of Life Insurance Advisor at Life Insurance Corporation of India in Hyderabad / Secunderabad?
The average salary of a Life Insurance Advisor at Life Insurance Corporation of India in Hyderabad / Secunderabad typically ranges from ₹1.2 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 12 years).

The top 10% of Life Insurance Advisor in Hyderabad / Secunderabad at Life Insurance Corporation of India earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Life Insurance 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 6 Life Insurance Corporation of India employees in India.
What is the estimated take home salary of a Life Insurance Advisor at Life Insurance Corporation of India in Hyderabad / Secunderabad?
The estimated take-home salary of a Life Insurance Advisor at Life Insurance Corporation of India in Hyderabad / Secunderabad typically ranges from ₹16,209 to ₹17,882 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹3.0 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 6 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 Life Insurance Advisor at Life Insurance Corporation of India in Hyderabad / Secunderabad?
To be a Life Insurance Advisor at Life Insurance Corporation of India in Hyderabad / Secunderabad, the key skills required include:

  • - Sales
  • - Life Insurance
  • - Marketing
  • - Communication Skills
  • - Insurance Sales

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 Life Insurance Advisor at Life Insurance Corporation of India in Hyderabad / Secunderabad?
The salary growth for a Life Insurance Advisor at Life Insurance Corporation of India in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Life Insurance Advisor in Hyderabad / Secunderabad can expect the following growth trajectory at Life Insurance Corporation of India:

Experience Average Salary Range
1 year ₹1.9 Lakhs to ₹2.4 Lakhs per year
2 years ₹1.9 Lakhs to ₹2.4 Lakhs per year
3 years ₹1.9 Lakhs to ₹2.5 Lakhs per year
4 years ₹2.0 Lakhs to ₹2.5 Lakhs per year
and so on.

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Life Insurance Corporation of India Life Insurance Advisor salary in Hyderabad / Secunderabad ranges between ₹1.2 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.