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Life Insurance Corporation of India Relationship Manager salaries in India

Annual salary range
0 - 5 years exp.
₹2.2 Lakhs - ₹5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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21% less than the average Relationship Manager Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

Sales & Business Development
Relationship Manager Salary
1 - 3 years exp. (3 salaries)
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₹2.4 L/yr - ₹4 L/yr

BFSI, Investments & Trading
Relationship Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹3.9 L/yr - ₹5 L/yr

Last Updated: 11 Nov 2024

Companies similar to Life Insurance Corporation of India for Relationship Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Relationship Manager Salary

0 - 9 years exp. (737 salaries)

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₹1.7 L/yr - ₹5 L/yr

arrow icon 13% less
3 job openings
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₹1.9 L/yr - ₹7 L/yr

arrow icon 12% more
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₹2.5 L/yr - ₹6 L/yr

arrow icon 6% more
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₹1.1 L/yr - ₹7 L/yr

arrow icon 18% more
6 job openings
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₹1.4 L/yr - ₹5 L/yr

arrow icon 16% less
22 job openings
Logo
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₹1.8 L/yr - ₹5.6 L/yr

arrow icon 1% more
98 job openings
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₹1.8 L/yr - ₹7 L/yr

arrow icon 8% less
10 job openings
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₹1.7 L/yr - ₹5.1 L/yr

arrow icon 12% less
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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 4% less
1 job opening
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₹2.3 L/yr - ₹5.4 L/yr

arrow icon 1% less
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PNB MetLife Relationship Manager Salary

0 - 12 years exp. (1.2k salaries)

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₹2.2 L/yr - ₹4.7 L/yr

arrow icon 8% less
158 job openings
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₹1.7 L/yr - ₹6.3 L/yr

arrow icon 1% less
52 job openings
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₹2.3 L/yr - ₹8.6 L/yr

arrow icon 16% more
3 job openings
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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 18% less
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₹1.7 L/yr - ₹5.5 L/yr

arrow icon 3% less
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₹2.1 L/yr - ₹9.3 L/yr

arrow icon 33% more
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₹2.1 L/yr - ₹6 L/yr

arrow icon 1% more
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₹1.8 L/yr - ₹6.3 L/yr

arrow icon 4% more
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₹1.9 L/yr - ₹5.6 L/yr

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₹2.2 L/yr - ₹5.1 L/yr

arrow icon 12% less
View all
Relationship Manager salary at Life Insurance Corporation of India ranges between ₹2.2 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 5 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 Relationship Manager

1mo ago
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2 years exp.
5mo ago
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1 year exp.
1y ago
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5 years exp.
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3 years exp.

Experience wise Life Insurance Corporation of India Relationship Manager salaries

Last Updated: 11 Nov 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3 L/yr - ₹6.9 L/yr
1 year (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.9 L/yr
2 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹7 L/yr
3 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹7.1 L/yr
4 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹7.1 L/yr
View all

Similar Designation salaries in Life Insurance Corporation of India

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₹2.5 L/yr - ₹3.5 L/yr
Branch Manager Salary
(14 salaries)
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₹15.31 L/yr - ₹28 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr
Deputy Manager Salary
(5 salaries)
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₹2.35 L/yr - ₹9.28 L/yr
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₹4 L/yr - ₹11.5 L/yr
Sales Manager Salary
(19 salaries)
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₹2 L/yr - ₹6.5 L/yr
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₹2 L/yr - ₹4 L/yr
Area Manager Salary
(4 salaries)
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₹7.5 L/yr - ₹10 L/yr
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₹3 L/yr - ₹9.9 L/yr
Territory Sales Manager Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

Top skills at Life Insurance Corporation of India for Relationship Manager

Management Relationship Relationship Management Finance institutional sales Networking Life Insurance Insurance Market Intelligence broking Analytical Financial Management After Sales Support Servicing Mutual Funds
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Salary related reviews for Life Insurance Corporation of India

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

read more
  • 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.

read more
  • Skill development - Poor
  • +2 more

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

read more
  • Promotions - Poor

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.

read more
  • Skill development - Poor
  • +5 more

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.

read more
  • 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.

read more

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.

read more
  • Job security - Bad
  • +4 more
see more salary related reviews

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Life Insurance Corporation of India Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Life Insurance Corporation of India?
Relationship Manager salary at Life Insurance Corporation of India in India ranges between ₹2.2 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 21% less than the average Relationship Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Life Insurance Corporation of India India.
How does the salary of a Relationship Manager at Life Insurance Corporation of India India compare with the average salary range for this job?
The average salary of a Relationship Manager at Life Insurance Corporation of India is 21% less than the average salary of a Relationship Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Relationship Manager at Life Insurance Corporation of India?
Management, Relationship, Relationship Management, Finance and institutional sales are some of the popular skills required to work as a Relationship Manager at Life Insurance Corporation of India India.
Which similar companies are paying more than Life Insurance Corporation of India to a Relationship Manager in India?
  • The Oriental Insurance Co. Relationship Manager Salary - ₹30.0 Lakhs to ₹36.0 Lakhs per year
  • Allianz Partners Relationship Manager Salary - ₹3.9 Lakhs to ₹6.5 Lakhs per year
  • Aditya Birla Health Insurance Co Relationship Manager Salary - ₹2.1 Lakhs to ₹9.3 Lakhs per year
  • Axis Max Life Insurance Relationship Manager Salary - ₹1.1 Lakhs to ₹7.0 Lakhs per year
  • ICICI Lombard General Insurance Company Relationship Manager Salary - ₹2.3 Lakhs to ₹8.6 Lakhs per year
What is the salary of a Relationship Manager in companies similar to Life Insurance Corporation of India in India?
  • ICICI Prudential Life Insurance Relationship Manager Salary - ₹1.9 Lakhs to ₹7.0 Lakhs per year
  • SBI Life Insurance Company Relationship Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
  • Shriram Life Insurance Relationship Manager Salary - ₹1.8 Lakhs to ₹6.3 Lakhs per year
  • Cholamandalam MS General Insurance Relationship Manager Salary - ₹2.1 Lakhs to ₹6.0 Lakhs per year
  • Tata AIA Life Insurance Relationship Manager Salary - ₹1.8 Lakhs to ₹5.6 Lakhs per year
What is the estimated take home salary of a Relationship Manager at Life Insurance Corporation of India in India?
The estimated take-home salary of a Relationship Manager at Life Insurance Corporation of India ranges between ₹29,276 per month to ₹30,651 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Relationship Manager salary in India which ranges between ₹2.2 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?
What is the notice period for Relationship Manager at Life Insurance Corporation of India?
According to AmbitionBox, 88% of the Life Insurance Corporation of India Relationship Managers reported a notice period of 15 days or less, 12% reported a notice period of More than 3 months.This is based on 8 responses on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Relationship Manager salary in India ranges between ₹2.2 Lakhs to ₹5 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.