Life Insurance Corporation of India Operations Manager Salaries by 4 Employees (Updated 2025)

1 - 16 years exp.

₹2 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

70% less than the average Operations Manager Salary in Insurance Companies for 1 - 16 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
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Sales & Business Development Operations Manager Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
Content, Editorial & Journalism Operations Manager Salary 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 6 Feb 2025

Companies similar to Life Insurance Corporation of India for Operations Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Operations Manager Salary 1 - 17 years exp. (38 salaries)	₹1.5 L/yr - ₹10.4 L/yr 76% more
ICICI Prudential Life Insurance Operations Manager Salary 1 - 15 years exp. (45 salaries)	₹2.2 L/yr - ₹9 L/yr 43% more
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SBI Life Insurance Company Operations Manager Salary 6 - 17 years exp. (44 salaries)	₹3.6 L/yr - ₹13 L/yr 142% more
Max Life Insurance Operations Manager Salary 2 - 16 years exp. (50 salaries)	₹2.2 L/yr - ₹11 L/yr 95% more
Bajaj Allianz Life Insurance Operations Manager Salary 4 - 19 years exp. (17 salaries)	₹3.5 L/yr - ₹15 L/yr 160% more
Kotak Mahindara Life Insurance Operations Manager Salary 1 - 13 years exp. (39 salaries)	₹2.7 L/yr - ₹8.5 L/yr 45% more
Reliance Nippon Life Insurance Operations Manager Salary 5 - 16 years exp. (10 salaries)	₹2.9 L/yr - ₹3.9 L/yr 8% more
Tata AIA Life Insurance Operations Manager Salary 0 - 18 years exp. (21 salaries)	₹6.5 L/yr - ₹15.6 L/yr 261% more
PNB MetLife Operations Manager Salary 8 - 17 years exp. (9 salaries)	₹5.5 L/yr - ₹11.2 L/yr 103% more
Aditya Birla Sun Life Insurance Operations Manager Salary 12 - 17 years exp. (5 salaries)	₹3.4 L/yr - ₹7.3 L/yr 47% more
ICICI Lombard General Insurance Company Operations Manager Salary 2 - 11 years exp. (289 salaries)	₹1.8 L/yr - ₹9 L/yr 40% more	1 job opening
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HDFC Ergo General Insurance Operations Manager Salary 6 - 14 years exp. (19 salaries)	₹2.3 L/yr - ₹9.6 L/yr 59% more
Cholamandalam MS General Insurance Operations Manager Salary 0 - 5 years exp. (14 salaries)	₹1 L/yr - ₹9 L/yr 28% more
Bajaj Allianz General Insurance Operations Manager Salary 0 - 14 years exp. (13 salaries)	₹1.5 L/yr - ₹7 L/yr 66% more
Aditya Birla Health Insurance Co Operations Manager Salary 2 - 14 years exp. (13 salaries)	₹3.4 L/yr - ₹10.6 L/yr 89% more
Principal Global Services Operations Manager Salary 12 - 17 years exp. (11 salaries)	₹15 L/yr - ₹27 L/yr 576% more
Shriram Life Insurance Operations Manager Salary 3 - 10 years exp. (6 salaries)	₹2.6 L/yr - ₹10.1 L/yr 65% more
Allianz Operations Manager Salary 9 - 15 years exp. (4 salaries)	₹8 L/yr - ₹23 L/yr 315% more
Star Health & Allied Insurance Operations Manager Salary 6 - 16 years exp. (4 salaries)	₹3 L/yr - ₹7.8 L/yr 39% more
AIG Operations Manager Salary 9 - 14 years exp. (4 salaries)	₹15 L/yr - ₹16 L/yr 371% more

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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 16 years. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India.

Experience wise Life Insurance Corporation of India Operations Manager salaries

Last Updated: 6 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.8 L/yr
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3 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
10 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
11 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
12 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
13 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
14 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
15+ years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.5 L/yr

View all

Similar Designation salaries in Life Insurance Corporation of India

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₹18 L/yr - ₹23 L/yr

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Project Manager Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Operations Executive Salary

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₹1.8 L/yr - ₹4.5 L/yr

Team Lead Salary

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₹1.4 L/yr - ₹4 L/yr

Salary related reviews for Life Insurance Corporation of India

5.0

Rated by 1 employees for salary & benefits

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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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 16 years. According to our estimates it is 70% 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 70% 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?

Principal Global Services Operations Manager Salary - ₹15.0 Lakhs to ₹27.0 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 - ₹6.5 Lakhs to ₹15.6 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 ₹15.0 Lakhs per year
SBI Life Insurance Company Operations Manager Salary - ₹3.6 Lakhs to ₹13.0 Lakhs per year
PNB MetLife Operations Manager Salary - ₹5.5 Lakhs to ₹11.2 Lakhs per year
Max Life Insurance Operations Manager Salary - ₹2.2 Lakhs to ₹11.0 Lakhs per year
Aditya Birla Health Insurance Co Operations Manager Salary - ₹3.4 Lakhs to ₹10.6 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 ₹23,422 per month to ₹24,885 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 16 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, 67% of the Life Insurance Corporation of India Operations Managers reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Operations Manager Salaries

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.