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Good bonus Good incentives Respect given by whole team of LIC Good guidance and counselling and training sessions at LIC office
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Annual salary range
1 - 20 years exp.
₹2
Lakhs - ₹4.5
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary73% less than the average Operations Manager Salary in Insurance Companies for 1 - 20 years of experience
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Salaries in different departments
Customer Success, Service & Operations
Operations Manager Salary
16
years
exp.
(AmbitionBox Estimate)
|  ₹4.1 L/yr - ₹5 L/yr |
Finance & Accounting
Operations Manager Salary
3
years
exp.
(AmbitionBox Estimate)
| ₹2.3 L/yr - ₹2.8 L/yr |
Login to view exact salary
| |
Sales & Business Development
Operations Manager Salary
20
years
exp.
(AmbitionBox Estimate)
| ₹2.7 L/yr - ₹3.3 L/yr |
Content, Editorial & Journalism
Operations Manager Salary
1
year
exp.
(AmbitionBox Estimate)
| ₹1.8 L/yr - ₹2.2 L/yr |
Companies similar to Life Insurance Corporation of India for Operations Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Operations Manager Salary
1 - 15 years exp. (39 salaries) | ₹1.5 L/yr - ₹10 L/yr 
71%
more | |
 ICICI Prudential Life Insurance Operations Manager Salary
2 - 12 years exp. (39 salaries) | ₹2.2 L/yr - ₹9 L/yr
58%
more | |
Login to view exact salary
| ||
 SBI Life Insurance Company Operations Manager Salary
6 - 17 years exp. (46 salaries) | ₹3.6 L/yr - ₹13 L/yr
165%
more | |
 Max Life Insurance Operations Manager Salary
1 - 16 years exp. (55 salaries) | ₹2.5 L/yr - ₹11.3 L/yr
119%
more | |
 Bajaj Allianz Life Insurance Operations Manager Salary
4 - 19 years exp. (17 salaries) | ₹3.5 L/yr - ₹11.9 L/yr
167%
more | |
 Kotak Mahindara Life Insurance Operations Manager Salary
1 - 13 years exp. (40 salaries) | ₹2.7 L/yr - ₹9 L/yr
71%
more | |
 Reliance Nippon Life Insurance Operations Manager Salary
5 - 12 years exp. (9 salaries) | ₹2.9 L/yr - ₹4.1 L/yr
34%
more | |
 Tata AIA Life Insurance Operations Manager Salary
0 - 18 years exp. (26 salaries) | ₹5.3 L/yr - ₹15.5 L/yr
278%
more | |
 PNB MetLife Operations Manager Salary
8 - 17 years exp. (9 salaries) | ₹5.5 L/yr - ₹11.2 L/yr
118%
more | |
 Aditya Birla Sun Life Insurance Operations Manager Salary
12 - 17 years exp. (6 salaries) | ₹3.4 L/yr - ₹7.3 L/yr
77%
more | |
 ICICI Lombard General Insurance Company Operations Manager Salary
2 - 11 years exp. (277 salaries) | ₹1.5 L/yr - ₹9 L/yr
44%
more | |
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| ||
 Tata AIG Operations Manager Salary
3 - 15 years exp. (34 salaries) | ₹3.3 L/yr - ₹8.6 L/yr
84%
more | |
 HDFC Ergo General Insurance Operations Manager Salary
4 - 14 years exp. (23 salaries) | ₹2.3 L/yr - ₹9.6 L/yr
84%
more | |
 Cholamandalam MS General Insurance Operations Manager Salary
0 - 5 years exp. (14 salaries) | ₹1 L/yr - ₹9 L/yr
39%
more | |
 Aditya Birla Health Insurance Co Operations Manager Salary
2 - 9 years exp. (15 salaries) | ₹3.4 L/yr - ₹9.1 L/yr
63%
more | |
 Bajaj Allianz General Insurance Operations Manager Salary
2 - 16 years exp. (11 salaries) | ₹1.5 L/yr - ₹5.8 L/yr
71%
more | |
 Allstate Operations Manager Salary
15 - 19 years exp. (9 salaries) | ₹14.5 L/yr - ₹50 L/yr
1011%
more | |
 Gallagher Operations Manager Salary
16 - 18 years exp. (3 salaries) | ₹15.9 L/yr - ₹21.3 L/yr
511%
more | 1 job opening |
 Allianz Operations Manager Salary
9 - 15 years exp. (4 salaries) | ₹8 L/yr - ₹23 L/yr
348%
more | |
 Star Health & Allied Insurance Operations Manager Salary
6 - 16 years exp. (4 salaries) | ₹3 L/yr - ₹7.8 L/yr
50%
more | |
View all
Operations Manager salary at Life Insurance Corporation of India ranges between ₹2
Lakhs
to ₹4.5
Lakhs
per year for employees with experience between 1 year to 20 years. Salary
estimates are based on
4 latest salaries received
from various employees of Life Insurance Corporation of India.
Latest annual salaries shared by Life Insurance Corporation of India Operations Manager
4mo ago
16
years
exp.
6mo ago
1
year
exp.
1y ago
20
years
exp.
1y ago
3
years
exp.
Experience wise Life Insurance Corporation of India Operations Manager salaries
Last Updated: 17 Jul 2024
| Experience | Avg Annual Salary |
|---|---|
| 1 year (AmbitionBox Estimate) |
₹1.8
L/yr
- ₹2.3
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹2.3
L/yr
- ₹2.9
L/yr
|
Login to view exact salary
| |
| 15+ years (AmbitionBox Estimate) |
₹3.4
L/yr
- ₹4.3
L/yr
|
Similar Designation salaries in Life Insurance Corporation of India
Salary related reviews for Life Insurance Corporation of India
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Salary Discussions, Hike & Promotions
1w
a technical project manager
Deadend
Hi,
I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA.
I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation.
I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component.
I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this.
What should be my next move?
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Life Insurance Corporation of India Operations Manager Salary FAQs
What is the salary of Operations Manager at Life Insurance Corporation of India?
Operations Manager salary at Life Insurance Corporation of India in India ranges between ₹2.0 Lakhs to ₹4.5 Lakhs for experience between 1 years to 20 years. According to our estimates it is 73% less than the average Operations Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India India.
How does the salary of a Operations Manager at Life Insurance Corporation of India India compare with the average salary range for this job?
The average salary of a Operations Manager at Life Insurance Corporation of India is 73% less than the average salary of a Operations Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Life Insurance Corporation of India to a Operations Manager in India?
- Allstate Operations Manager Salary - ₹14.5 Lakhs to ₹50.0 Lakhs per year
- Gallagher Operations Manager Salary - ₹15.9 Lakhs to ₹21.3 Lakhs per year
- AIG Operations Manager Salary - ₹15.0 Lakhs to ₹16.0 Lakhs per year
- Allianz Operations Manager Salary - ₹8.0 Lakhs to ₹23.0 Lakhs per year
- Tata AIA Life Insurance Operations Manager Salary - ₹5.3 Lakhs to ₹15.5 Lakhs per year
What is the salary of a Operations Manager in companies similar to Life Insurance Corporation of India in India?
- Bajaj Allianz Life Insurance Operations Manager Salary - ₹3.5 Lakhs to ₹11.9 Lakhs per year
- SBI Life Insurance Company Operations Manager Salary - ₹3.6 Lakhs to ₹13.0 Lakhs per year
- Max Life Insurance Operations Manager Salary - ₹2.5 Lakhs to ₹11.3 Lakhs per year
- PNB MetLife Operations Manager Salary - ₹5.5 Lakhs to ₹11.2 Lakhs per year
- Tata AIG Operations Manager Salary - ₹3.3 Lakhs to ₹8.6 Lakhs per year
What is the estimated take home salary of a Operations Manager at Life Insurance Corporation of India in India?
The estimated take-home salary of a Operations Manager at Life Insurance Corporation of India ranges between ₹21,498 per month to ₹23,139 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Operations Manager salary in India which ranges between ₹2.0 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 years to 20 years. Check how did we calculate take home salary?
What is the notice period for Operations Manager at Life Insurance Corporation of India?
According to AmbitionBox, 33% of the Life Insurance Corporation of India Operations Managers reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.
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Life Insurance Corporation of India Operations Manager Salaries by Location
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Life Insurance Corporation of India Operations Manager salary
in
India
ranges between ₹2
Lakhs to ₹4.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
4
Life Insurance Corporation of India latest salaries received from various employees of
Life Insurance Corporation of India.