Life Insurance Corporation of India Pune Manager Salaries by 2 Employees

14 - 15 years exp.

₹7.4 Lakhs - ₹9.5 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

Interested in this particular role?

Last Updated: 5 May 2024

Companies similar to Life Insurance Corporation of India for Manager in Pune

Life Insurance Corporation of India Manager Salary

14 - 15 years exp. (AmbitionBox Estimate)

₹7.4 L/yr - ₹9.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Manager Salary 3 - 18 years exp. (94 salaries)	₹7.6 L/yr - ₹22 L/yr 75% more
Bajaj Allianz General Insurance Manager Salary 7 - 19 years exp. (50 salaries)	₹8 L/yr - ₹30 L/yr 110% more
Login to view exact salary
HDFC Ergo General Insurance Manager Salary 4 - 16 years exp. (29 salaries)	₹5 L/yr - ₹14 L/yr 24% more
HDFC Life Manager Salary 2 - 12 years exp. (26 salaries)	₹4.5 L/yr - ₹13.7 L/yr 1% less	2 job openings
Kotak Mahindara Life Insurance Manager Salary 0 - 9 years exp. (26 salaries)	₹3 L/yr - ₹6 L/yr 38% less
ICICI Prudential Life Insurance Manager Salary 1 - 12 years exp. (23 salaries)	₹4.2 L/yr - ₹13 L/yr 6% less
Axis Max Life Insurance Manager Salary 4 - 12 years exp. (8 salaries)	₹4.9 L/yr - ₹12 L/yr 7% less	2 job openings
Aditya Birla Sun Life Insurance Manager Salary 1 - 11 years exp. (6 salaries)	₹6 L/yr - ₹13.5 L/yr 8% more
Cholamandalam MS General Insurance Manager Salary 5 - 13 years exp. (5 salaries)	₹6.1 L/yr - ₹12.5 L/yr 4% less
Aditya Birla Health Insurance Co Manager Salary 5 - 12 years exp. (5 salaries)	₹8 L/yr - ₹12 L/yr 21% more
ICICI Lombard General Insurance Company Manager Salary 6 - 10 years exp. (4 salaries)	₹7.4 L/yr - ₹15 L/yr 3% more
Login to view exact salary
Principal Global Services Manager Salary 8 - 20 years exp. (4 salaries)	₹21.5 L/yr - ₹40 L/yr 256% more
SBI Life Insurance Company Manager Salary 11 - 16 years exp. (4 salaries)	₹7.2 L/yr - ₹15 L/yr 34% more
Tata AIA Life Insurance Manager Salary 6 - 17 years exp. (3 salaries)	₹7.5 L/yr - ₹15.8 L/yr 65% more	2 job openings
Allianz Partners Manager Salary 11 - 16 years exp. (3 salaries)	₹9 L/yr - ₹13.3 L/yr 47% more
Shriram Life Insurance Manager Salary 3 - 6 years exp. (3 salaries)	₹3.6 L/yr - ₹7.9 L/yr 26% less

Manager salary at Life Insurance Corporation of India ranges between ₹7.4 Lakhs to ₹9.5 Lakhs per year for employees with experience between 14 years to 15 years. Salary estimates are based on 2 latest salaries received from various employees of Life Insurance Corporation of India.

Similar Designation salaries in Life Insurance Corporation of India

LIC Agent Salary

(20 salaries)

₹0.6 L/yr - ₹5 L/yr

Development Officer Salary

(11 salaries)

₹4 L/yr - ₹10 L/yr

Agent Salary

(8 salaries)

₹1 L/yr - ₹3.35 L/yr

Office Assistant Salary

(3 salaries)

₹1 L/yr - ₹2 L/yr

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about Life Insurance Corporation of India?

Ask anonymously on communities.

Life Insurance Corporation of India Manager Salary FAQs

How the salary growth look like for a Manager at Life Insurance Corporation of India in Pune?

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

Experience	Average Salary Range
14 years	₹8.6 Lakhs to ₹11.0 Lakhs per year
15 years	₹9.5 Lakhs to ₹12.2 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Life Insurance Corporation of India Salaries >
Life Insurance Corporation of India Manager Salaries >
Life Insurance Corporation of India Manager Salaries in Pune

Life Insurance Corporation of India Manager salary in Pune ranges between ₹7.4 Lakhs to ₹9.5 Lakhs. This is an estimate based on latest salaries received from employees of Life Insurance Corporation of India.