Life Insurance Corporation of India New Delhi Manager Salaries by 8 Employees (Updated 2025)

1 - 19 years exp.

₹1.3 Lakh - ₹9 Lakhs

Salary of majority employees

71% less than the average Manager Salary in Insurance Companies for 1 - 19 years of experience

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Salaries in different departments

Sales & Business Development Manager Salary 6 - 19 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹7.5 L/yr
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Customer Success, Service & Operations Manager Salary 13 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹6.8 L/yr

Last Updated: 7 Jan 2025

Companies similar to Life Insurance Corporation of India for Manager in New Delhi

Life Insurance Corporation of India Manager Salary

1 - 19 years exp. (8 salaries)

₹1.3 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Manager Salary 2 - 16 years exp. (32 salaries)	₹3.8 L/yr - ₹15 L/yr 81% more	1 job opening
ICICI Prudential Life Insurance Manager Salary 1 - 13 years exp. (31 salaries)	₹3 L/yr - ₹11.5 L/yr 56% more
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SBI Life Insurance Company Manager Salary 3 - 20 years exp. (19 salaries)	₹5 L/yr - ₹15 L/yr 119% more
Max Life Insurance Manager Salary 5 - 15 years exp. (68 salaries)	₹4.5 L/yr - ₹16.3 L/yr 101% more	10 job openings
Bajaj Allianz Life Insurance Manager Salary 3 - 15 years exp. (17 salaries)	₹6 L/yr - ₹17 L/yr 148% more
Kotak Mahindara Life Insurance Manager Salary 0 - 11 years exp. (73 salaries)	₹3 L/yr - ₹8 L/yr 7% less
Reliance Nippon Life Insurance Manager Salary 2 - 16 years exp. (8 salaries)	₹2.9 L/yr - ₹6.8 L/yr 16% more
Tata AIA Life Insurance Manager Salary 5 - 13 years exp. (12 salaries)	₹5.4 L/yr - ₹18.5 L/yr 161% more	16 job openings
PNB MetLife Manager Salary 5 - 16 years exp. (11 salaries)	₹5 L/yr - ₹14 L/yr 99% more	4 job openings
Aditya Birla Sun Life Insurance Manager Salary 0 - 9 years exp. (13 salaries)	₹4 L/yr - ₹9.5 L/yr 77% more
Care Health Insurance Manager Salary 0 - 10 years exp. (91 salaries)	₹2.7 L/yr - ₹10.8 L/yr 18% more	1 job opening
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HDFC Ergo General Insurance Manager Salary 4 - 16 years exp. (81 salaries)	₹5.3 L/yr - ₹13.8 L/yr 93% more
AIG Manager Salary 5 - 14 years exp. (29 salaries)	₹9.8 L/yr - ₹22 L/yr 216% more
ICICI Lombard General Insurance Company Manager Salary 0 - 14 years exp. (19 salaries)	₹4.5 L/yr - ₹11 L/yr 52% more
Bajaj Allianz General Insurance Manager Salary 7 - 17 years exp. (18 salaries)	₹7.6 L/yr - ₹24.1 L/yr 216% more	1 job opening
Aditya Birla Health Insurance Co Manager Salary 4 - 11 years exp. (7 salaries)	₹7.5 L/yr - ₹11.2 L/yr 70% more
Star Health & Allied Insurance Manager Salary 4 - 14 years exp. (13 salaries)	₹3.8 L/yr - ₹12 L/yr 53% more
Cholamandalam MS General Insurance Manager Salary 5 - 13 years exp. (12 salaries)	₹5.5 L/yr - ₹15 L/yr 112% more
AON Global Insurance Brokers Manager Salary 6 - 10 years exp. (4 salaries)	₹9 L/yr - ₹13 L/yr 129% more
Allianz Partners Manager Salary 5 - 8 years exp. (3 salaries)	₹16 L/yr - ₹20 L/yr 291% more

Manager salary at Life Insurance Corporation of India ranges between ₹1.3 Lakh to ₹9 Lakhs per year for employees with experience between 1 year to 19 years. Salary estimates are based on 8 latest salaries received from various employees of Life Insurance Corporation of India.

Experience wise Life Insurance Corporation of India Manager salaries in New Delhi

Last Updated: 7 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.2 L/yr
2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.8 L/yr
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3 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
10 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
12 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
13 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.8 L/yr
14 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
15+ years (AmbitionBox Estimate)	₹2.8 L/yr - ₹9 L/yr

View all

Similar Designation salaries in Life Insurance Corporation of India

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Salary related reviews for Life Insurance Corporation of India

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.

Development Officer in Birbhum

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.

Salary - Good

+1 more

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.

Job security - Bad

+4 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Life Insurance Corporation of India Manager Salary FAQs

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

Manager salary at Life Insurance Corporation of India in New Delhi ranges between ₹1.3 Lakhs to ₹9.0 Lakhs for experience between 1 years to 19 years. According to our estimates it is 71% less than the average Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Life Insurance Corporation of India New Delhi.

How does the salary of a Manager at Life Insurance Corporation of India New Delhi compare with the average salary range for this job?

The average salary of a Manager at Life Insurance Corporation of India is 71% less than the average salary of a Manager in New Delhi. To know exact salary insights, login to view.

Which similar companies are paying more than Life Insurance Corporation of India to a Manager in New Delhi?

Allianz Partners Manager Salary - ₹16.0 Lakhs to ₹20.0 Lakhs per year
AIG Manager Salary - ₹9.8 Lakhs to ₹22.0 Lakhs per year
Bajaj Allianz General Insurance Manager Salary - ₹7.6 Lakhs to ₹24.1 Lakhs per year
Tata AIA Life Insurance Manager Salary - ₹5.4 Lakhs to ₹18.5 Lakhs per year
Bajaj Allianz Life Insurance Manager Salary - ₹6.0 Lakhs to ₹17.0 Lakhs per year

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

AON Global Insurance Brokers Manager Salary - ₹9.0 Lakhs to ₹13.0 Lakhs per year
SBI Life Insurance Company Manager Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year
Cholamandalam MS General Insurance Manager Salary - ₹5.5 Lakhs to ₹15.0 Lakhs per year
Max Life Insurance Manager Salary - ₹4.5 Lakhs to ₹16.3 Lakhs per year
PNB MetLife Manager Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year

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

The estimated take-home salary of a Manager at Life Insurance Corporation of India ranges between ₹35,748 per month to ₹36,976 per month in New Delhi. The take-home salary calculation is based on the average Life Insurance Corporation of India Manager salary in India which ranges between ₹1.3 Lakhs to ₹9.0 Lakhs per year for employees with experience between 1 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Manager at Life Insurance Corporation of India in New Delhi?

According to AmbitionBox, 50% of the Life Insurance Corporation of India Managers in New Delhi reported a notice period of 15 days or less, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Manager Salaries in New Delhi

Life Insurance Corporation of India Manager salary in New Delhi ranges between ₹1.3 Lakh to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.

Life Insurance Corporation of India Manager salaries in New Delhi

Companies similar to Life Insurance Corporation of India for Manager in New Delhi

Latest annual salaries shared by Life Insurance Corporation of India Manager in New Delhi

Experience wise Life Insurance Corporation of India Manager salaries in New Delhi

Similar Designation salaries in Life Insurance Corporation of India

Salary related reviews for Life Insurance Corporation of India

Advisor in Kulgam

Development Officer in Hyderabad / Secunderabad

Development Officer in Mumbai

Insurance Adviser in Suryapet

Development Officer in Birbhum

Life Insurance Corporation of India Manager Salary FAQs

Tell us how to improve this page.