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based on 1.8k Reviews

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Life Insurance Corporation of India Sales Executive salaries in Kolkata

Annual salary range
1 - 4 years exp.
₹1 Lakh - ₹2.5 Lakhs
Salary of majority employees
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26% less than the average Sales Executive Salary in Insurance Companies for 1 - 4 years of experience

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Last Updated: 24 May 2024

Companies similar to Life Insurance Corporation of India for Sales Executive in Kolkata

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Life Insurance Corporation of India Sales Executive Salary

1 - 4 years exp. (4 salaries)

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₹1 L/yr - ₹2.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Sales Executive Salary

1 - 5 years exp. (9 salaries)

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₹1.1 L/yr - ₹3.2 L/yr

arrow icon 29% more
3 job openings
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₹1.7 L/yr - ₹3.2 L/yr

arrow icon 12% more
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₹0.8 L/yr - ₹4.5 L/yr

arrow icon 5% more
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₹1.6 L/yr - ₹4 L/yr

arrow icon 14% more
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₹1.4 L/yr - ₹3 L/yr

arrow icon 11% more
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₹1.5 L/yr - ₹4.1 L/yr

arrow icon 30% more
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₹1.9 L/yr - ₹3.5 L/yr

arrow icon 9% more
Sales Executive salary at Life Insurance Corporation of India ranges between ₹1 Lakh to ₹2.5 Lakhs per year for employees with experience between 1 year to 4 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 Sales Executive in Kolkata

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4 years exp.
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Experience wise Life Insurance Corporation of India Sales Executive salaries in Kolkata

Last Updated: 24 May 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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

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₹2 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)

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₹1 L/yr - ₹4.3 L/yr

Similar Designation salaries in Life Insurance Corporation of India

LIC Agent Salary
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₹0.5 L/yr - ₹6 L/yr
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₹3.8 L/yr - ₹10 L/yr
Agent Salary
(16 salaries)
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₹1 L/yr - ₹4.05 L/yr
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₹1.3 L/yr - ₹3 L/yr
Agent Advisor Salary
(8 salaries)
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₹1.05 L/yr - ₹3.6 L/yr
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₹2 L/yr - ₹3 L/yr
Cashier Salary
(3 salaries)
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₹1.2 L/yr - ₹3 L/yr
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₹1.35 L/yr - ₹5.05 L/yr

Top skills at Life Insurance Corporation of India for Sales Executive

Life Insurance Sales Policies New Business Development After Sales Service Gratuity Insurance Sales Customer Relationship Prospecting Field Sales direct marketing General Insurance Health Insurance Mutual Funds Sales

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

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Dislikes

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

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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

read more

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.

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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

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.

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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Life Insurance Corporation of India Sales Executive Salary FAQs

What is the salary of Sales Executive at Life Insurance Corporation of India Kolkata?
Sales Executive salary at Life Insurance Corporation of India in Kolkata ranges between ₹1.0 Lakhs to ₹2.5 Lakhs for experience between 1 years to 4 years. According to our estimates it is 26% less than the average Sales Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India Kolkata.
How does the salary of a Sales Executive at Life Insurance Corporation of India Kolkata compare with the average salary range for this job?
The average salary of a Sales Executive at Life Insurance Corporation of India is 26% less than the average salary of a Sales Executive in Kolkata. To know exact salary insights, login to view.
What are the top skills required to work as a Sales Executive at Life Insurance Corporation of India?
Life Insurance, Sales, Policies, New Business Development and After Sales Service are some of the popular skills required to work as a Sales Executive at Life Insurance Corporation of India Kolkata.
Which similar companies are paying more than Life Insurance Corporation of India to a Sales Executive in Kolkata?
  • Bajaj Allianz General Insurance Sales Executive Salary - ₹1.5 Lakhs to ₹4.1 Lakhs per year
  • HDFC Life Sales Executive Salary - ₹1.1 Lakhs to ₹3.2 Lakhs per year
  • Bharti AXA Life Insurance Sales Executive Salary - ₹1.6 Lakhs to ₹4.0 Lakhs per year
  • Bajaj Allianz Life Insurance Sales Executive Salary - ₹1.7 Lakhs to ₹3.2 Lakhs per year
  • Star Health & Allied Insurance Sales Executive Salary - ₹1.4 Lakhs to ₹3.0 Lakhs per year
What is the salary of a Sales Executive in companies similar to Life Insurance Corporation of India in Kolkata?
  • ICICI Lombard General Insurance Company Sales Executive Salary - ₹1.9 Lakhs to ₹3.5 Lakhs per year
  • Kotak Mahindara Life Insurance Sales Executive Salary - ₹0.8 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Sales Executive at Life Insurance Corporation of India in Kolkata?
The estimated take-home salary of a Sales Executive at Life Insurance Corporation of India ranges between ₹16,561 per month to ₹18,263 per month in Kolkata. The take-home salary calculation is based on the average Life Insurance Corporation of India Sales Executive salary in India which ranges between ₹1.0 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?
What is the notice period for Sales Executive at Life Insurance Corporation of India in Kolkata?
According to AmbitionBox, 50% of the Life Insurance Corporation of India Sales Executives in Kolkata reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Life Insurance Corporation of India Sales Executive salary in Kolkata ranges between ₹1 Lakh to ₹2.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.