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4.4

based on 1.8k Reviews

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Life Insurance Corporation of India Sales & Business Development Department Salaries in India

based on 355 latest salaries
Designation Avg Annual Salary Open Jobs

Senior Insurance Associate

4 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Direct Sales Executive

2 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.3 L/yr

Area Sales Manager

4 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

Financial Associate

4 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

Branch Executive

1 year exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Cheif Financial Officer

31 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.9 L/yr

General Manager

15 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

Marketing Representative

6 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

Business Development Manager

10 years exp. (AmbitionBox Estimate)
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₹5.5 L/yr - ₹6.7 L/yr

Advisor 1

11 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

Agency Business Development Manager

8 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Agency Recruitment and Development Manager

11 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.3 L/yr

Agent Consultant

7 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Cashier Operations

7 years exp. (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr

Chief Insurance Advisor

6 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Chief Managing Partner

5 years exp. (AmbitionBox Estimate)
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₹11.3 L/yr - ₹14.4 L/yr

Client Adviser

10 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

Customer Support Executive Administrator

2 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

Freelance Professional

9 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

Insurance Counselor

4 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Last Updated: 2 Feb, 2025

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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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Salary related reviews for Life Insurance Corporation of India

4.1

Rated by 129 employees for salary & benefits

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

read more
  • 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.

read more
  • Skill development - Poor
    • +5 more

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.

read more
  • Job security - Bad
    • +4 more

DSA Executive in Barhampur

Sales & Business Development Department

4.0
  •  posted on 19 Apr 2021
4.0
 for  Salary and Benefits

Likes

Job security,good work culture & environment, management is transparent & company policies are good appraisal are fair etc

read more
  • Salary - Good
    • +6 more

Dislikes

There is a lot of politics & the management does not address our issues, salary decent but career growth is slow ,

read more

Telecaller, Collection Executive in Mumbai

Sales & Business Development Department

5.0
  •  posted on 31 Mar 2021
5.0
 for  Salary and Benefits

Likes

...tings per day and even to complete the collections work whtever was given to me. And the company policy was if i was not completing my target my boss use to deduct my salary.

read more
  • Salary - Excellent
    • +6 more

Dislikes

I only disliked the deduction of the salary.

see more salary related reviews

Life Insurance Corporation of India interview questions by designations

Development Officer (9)Insurance Adviser (8)LIC Agent (5)Advisor (3)
View all 66 interview experiences
More about working at Life Insurance Corporation of India

Life Insurance Corporation of India Salary FAQs

How much does Life Insurance Corporation of India pay per year?
The average Life Insurance Corporation of India salary ranges from approximately ₹1 Lakh to ₹1.5 Lakh per year for a Data Entry jobs and ₹14 Lakhs to ₹35 Lakhs per year for a Senior Business Associate. Salary estimates are based on 355 Life Insurance Corporation of India salaries received from various employees of Life Insurance Corporation of India. Life Insurance Corporation of India employees rate the overall salary and benefits package 4.1/5 stars.
What is the highest salary in Life Insurance Corporation of India?
The highest-paying job at Life Insurance Corporation of India is a Senior Business Associate with a salary of ₹14 Lakhs to ₹35 Lakhs per year. The top 10% of employees earn more than ₹9.34 lakhs per year. The top 1% earn more than a whopping ₹30 lakhs per year.
What is the minimum salary in Life Insurance Corporation of India?
Minimum salary at Life Insurance Corporation of India depends on the role you are applying for. For Office Assistant the minimum salary is ₹0.5 Lakh to ₹4.5 Lakhs per year, and for Agent the minimum salary is ₹0.7 Lakh to ₹7 Lakhs per year and so on.
What is the salary package for freshers in Life Insurance Corporation of India?
The average salary at Life Insurance Corporation of India for freshers varies from ₹1.2 Lakh to ₹1.9 Lakh per year for Telecalling Executive and ₹4.6 Lakhs to ₹8.5 Lakhs per year for Development Officer.
What is the notice period at Life Insurance Corporation of India in Sales & Business Development Department?
According to AmbitionBox, 60% of the Life Insurance Corporation of India employees in Sales & Business Development Department reported a notice period of 15 days or less, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 536 responses on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Sales & Business Development Salaries by Location

Average annual salary in Sales & Business Development department at Life Insurance Corporation of India is INRunlock blur . Salary estimates are based on 355 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.

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