Life Insurance Corporation of India Sales Coordinator Salaries by 5 Employees (Updated 2024)

2 - 6 years exp.

₹1.5 Lakh - ₹2 Lakhs

Low Confidence

Salary of majority employees

46% less than the average Sales Coordinator Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

Research & Development Sales Coordinator Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.6 L/yr
Finance & Accounting Sales Coordinator Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Sales & Business Development Sales Coordinator Salary 6 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
Administration & Facilities Sales Coordinator Salary 3 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 20 Jan 2024

Companies similar to Life Insurance Corporation of India for Sales Coordinator

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Sales Coordinator Salary 0 - 3 years exp. (5 salaries)	₹0.6 L/yr - ₹2.5 L/yr 4% less
Max Life Insurance Sales Coordinator Salary 0 - 8 years exp. (8 salaries)	₹1.5 L/yr - ₹4.5 L/yr 100% more
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Bajaj Allianz Life Insurance Sales Coordinator Salary 1 - 6 years exp. (5 salaries)	₹1.8 L/yr - ₹3.2 L/yr 33% more
Kotak Mahindara Life Insurance Sales Coordinator Salary 1 - 3 years exp. (6 salaries)	₹1.5 L/yr - ₹2.8 L/yr 21% more
Reliance Nippon Life Insurance Sales Coordinator Salary 4 - 9 years exp. (6 salaries)	₹1.8 L/yr - ₹3.6 L/yr 60% more
Tata AIA Life Insurance Sales Coordinator Salary 0 - 6 years exp. (5 salaries)	₹2.2 L/yr - ₹3.8 L/yr 59% more
PNB MetLife Sales Coordinator Salary 1 - 5 years exp. (4 salaries)	₹1.2 L/yr - ₹1.5 L/yr 23% less
ICICI Lombard General Insurance Company Sales Coordinator Salary 0 - 9 years exp. (17 salaries)	₹1.7 L/yr - ₹3.4 L/yr 30% more
HDFC Ergo General Insurance Sales Coordinator Salary 1 - 10 years exp. (9 salaries)	₹2 L/yr - ₹4.5 L/yr 89% more
Bajaj Allianz General Insurance Sales Coordinator Salary 2 - 9 years exp. (8 salaries)	₹2.1 L/yr - ₹3.8 L/yr 79% more
Aditya Birla Health Insurance Co Sales Coordinator Salary 0 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹4.1 L/yr 98% more
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Care Health Insurance Sales Coordinator Salary 1 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹5 L/yr 63% more
Shriram Life Insurance Sales Coordinator Salary 0 - 8 years exp. (3 salaries)	₹1.2 L/yr - ₹3.1 L/yr 28% more
Cholamandalam MS General Insurance Sales Coordinator Salary 5 - 10 years exp. (3 salaries)	₹2.5 L/yr - ₹4.4 L/yr 106% more
National Insurance Company Sales Coordinator Salary 1 - 2 years exp. (3 salaries)	₹1.1 L/yr - ₹4 L/yr 18% more
Star Health & Allied Insurance Sales Coordinator Salary 0 - 2 years exp. (3 salaries)	₹1.2 L/yr - ₹3 L/yr 20% more

Sales Coordinator salary at Life Insurance Corporation of India ranges between ₹1.5 Lakh to ₹2 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Life Insurance Corporation of India.

Experience wise Life Insurance Corporation of India Sales Coordinator salaries

Last Updated: 20 Jan 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹2 L/yr
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3 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹2 L/yr

Similar Designation salaries in Life Insurance Corporation of India

Sales Associate Salary

(5 salaries)

₹2.4 L/yr - ₹5 L/yr

Sales Manager Salary

(19 salaries)

₹2 L/yr - ₹6.5 L/yr

Sales Officer Salary

(12 salaries)

₹1 L/yr - ₹5 L/yr

Sales Executive Salary

(72 salaries)

₹1 L/yr - ₹6 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Area Manager Salary

(4 salaries)

₹7.5 L/yr - ₹10 L/yr

Branch Manager Salary

(18 salaries)

₹7.6 L/yr - ₹28 L/yr

Area Sales Manager Salary

(4 salaries)

₹2 L/yr - ₹4 L/yr

Deputy Manager Salary

(5 salaries)

₹2.35 L/yr - ₹9.28 L/yr

Territory Manager Salary

(6 salaries)

₹4 L/yr - ₹11.5 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

Dislikes

There is a heavy workload of getting policies and sales which is very tough to get popicies on dailg basis to achieve target.

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.

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

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.

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.

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.

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.

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a technical project manager

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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 Sales Coordinator Salary FAQs

What is the salary of Sales Coordinator at Life Insurance Corporation of India?

Sales Coordinator salary at Life Insurance Corporation of India in India ranges between ₹1.5 Lakhs to ₹2.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 46% less than the average Sales Coordinator Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Life Insurance Corporation of India India.

How does the salary of a Sales Coordinator at Life Insurance Corporation of India India compare with the average salary range for this job?

The average salary of a Sales Coordinator at Life Insurance Corporation of India is 46% less than the average salary of a Sales Coordinator in India. To know exact salary insights, login to view.

Which similar companies are paying more than Life Insurance Corporation of India to a Sales Coordinator in India?

Cholamandalam MS General Insurance Sales Coordinator Salary - ₹2.5 Lakhs to ₹4.4 Lakhs per year
Max Life Insurance Sales Coordinator Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Health Insurance Co Sales Coordinator Salary - ₹2.5 Lakhs to ₹4.1 Lakhs per year
HDFC Ergo General Insurance Sales Coordinator Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
Bajaj Allianz General Insurance Sales Coordinator Salary - ₹2.1 Lakhs to ₹3.8 Lakhs per year

What is the salary of a Sales Coordinator in companies similar to Life Insurance Corporation of India in India?

Care Health Insurance Sales Coordinator Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
Reliance Nippon Life Insurance Sales Coordinator Salary - ₹1.8 Lakhs to ₹3.6 Lakhs per year
Tata AIA Life Insurance Sales Coordinator Salary - ₹2.2 Lakhs to ₹3.8 Lakhs per year
Bajaj Allianz Life Insurance Sales Coordinator Salary - ₹1.8 Lakhs to ₹3.2 Lakhs per year
ICICI Lombard General Insurance Company Sales Coordinator Salary - ₹1.7 Lakhs to ₹3.4 Lakhs per year

What is the estimated take home salary of a Sales Coordinator at Life Insurance Corporation of India in India?

The estimated take-home salary of a Sales Coordinator at Life Insurance Corporation of India ranges between ₹11,801 per month to ₹13,091 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Sales Coordinator salary in India which ranges between ₹1.5 Lakhs to ₹2.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Sales Coordinator at Life Insurance Corporation of India?

According to AmbitionBox, 100% of the Life Insurance Corporation of India Sales Coordinators reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Sales Coordinator Salaries

Life Insurance Corporation of India Sales Coordinator salary in India ranges between ₹1.5 Lakh to ₹2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.