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Life Insurance Corporation of India Sales Manager salaries in India

Annual salary range
1 - 12 years exp.
₹2 Lakhs - ₹6.5 Lakhs
Salary of majority employees
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40% less than the average Sales Manager Salary in Insurance Companies for 1 - 12 years of experience

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Salaries in different departments

Sales & Business Development
Sales Manager Salary
1 - 10 years exp. (6 salaries)
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₹2 L/yr - ₹4.3 L/yr

Customer Success, Service & Operations
Sales Manager Salary
4 - 7 years exp. (3 salaries)
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₹3.6 L/yr - ₹4 L/yr

BFSI, Investments & Trading
Sales Manager Salary
7 - 10 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.7 L/yr

Marketing & Communication
Sales Manager Salary
8 - 10 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 3 Oct 2024

Companies similar to Life Insurance Corporation of India for Sales Manager

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

0 - 11 years exp. (702 salaries)

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₹1.6 L/yr - ₹7.5 L/yr

arrow icon 13% more
3 job openings
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₹2.5 L/yr - ₹10.6 L/yr

arrow icon 62% more
15 job openings
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SBI Life Insurance Company Sales Manager Salary

0 - 10 years exp. (84 salaries)

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₹1.2 L/yr - ₹5.6 L/yr

arrow icon 15% less
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Axis Max Life Insurance Sales Manager Salary

0 - 10 years exp. (616 salaries)

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₹2.3 L/yr - ₹6.2 L/yr

arrow icon 9% more
4 job openings
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₹1.6 L/yr - ₹7 L/yr

arrow icon 20% less
15 job openings
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₹2 L/yr - ₹6.3 L/yr

arrow icon 6% more
5 job openings
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₹1.5 L/yr - ₹6 L/yr

arrow icon 27% less
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Tata AIA Life Insurance Sales Manager Salary

3 - 11 years exp. (194 salaries)

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₹2.4 L/yr - ₹9 L/yr

arrow icon 29% more
11 job openings
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PNB MetLife Sales Manager Salary

1 - 9 years exp. (159 salaries)

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₹1.8 L/yr - ₹8 L/yr

arrow icon 12% less
104 job openings
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₹2.2 L/yr - ₹10 L/yr

arrow icon 49% more
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₹2 L/yr - ₹11.4 L/yr

arrow icon 60% more
1 job opening
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₹1.8 L/yr - ₹6.8 L/yr

arrow icon 13% more
75 job openings
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₹2.6 L/yr - ₹5.1 L/yr

arrow icon 4% less
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HDFC Ergo General Insurance Sales Manager Salary

0 - 10 years exp. (284 salaries)

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₹2.2 L/yr - ₹7.7 L/yr

arrow icon 4% more
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₹0.6 L/yr - ₹6 L/yr

arrow icon 27% less
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₹2 L/yr - ₹6.5 L/yr

arrow icon 2% less
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Shriram Life Insurance Sales Manager Salary

0 - 7 years exp. (113 salaries)

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₹1.7 L/yr - ₹7 L/yr

arrow icon 25% less
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₹3.3 L/yr - ₹4.3 L/yr

arrow icon 13% less
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AIG Sales Manager Salary

1 - 4 years exp. (4 salaries)

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₹5.6 L/yr - ₹6.3 L/yr

arrow icon 41% more
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Allianz Partners Sales Manager Salary

15 - 17 years exp. (3 salaries)

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₹15 L/yr - ₹18.5 L/yr

arrow icon 313% more
Sales Manager salary at Life Insurance Corporation of India ranges between ₹2 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 19 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Sales Manager

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Experience wise Life Insurance Corporation of India Sales Manager salaries

Last Updated: 3 Oct 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.5 L/yr - ₹6.6 L/yr
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹6.7 L/yr
3 years (AmbitionBox Estimate)

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

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₹3.6 L/yr - ₹7 L/yr
5 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹7.1 L/yr
View all
Life Insurance Corporation of India Sales Manager Salary and Career Growth

From

To

Sales Manager

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1 - 12 years exp.

Health Insurance Manager

Salary unavailable

Sales Manager

1 - 12 years exp.
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Chief Manager

29 - 32 years exp.
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arrow icon 338% hike

Marketing Manager

30 - 31 years exp.
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arrow icon -18% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Life Insurance Corporation of India

Store Manager Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr
Area Manager Salary
(4 salaries)
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₹7.5 L/yr - ₹10 L/yr
Branch Manager Salary
(14 salaries)
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₹15.31 L/yr - ₹28 L/yr
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₹2 L/yr - ₹4 L/yr
Sales Officer Salary
(11 salaries)
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₹1 L/yr - ₹5 L/yr
Zonal Sales Manager Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Deputy Manager Salary
(5 salaries)
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₹2.35 L/yr - ₹9.28 L/yr
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₹1 L/yr - ₹5.75 L/yr
Senior Sales Manager Salary
(AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.2 L/yr
Marketing Manager Salary
(AmbitionBox Estimate)
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₹13.1 L/yr - ₹16.8 L/yr

Top skills at Life Insurance Corporation of India for Sales Manager

Insurance Sales Banking Sales Sales
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Salary related reviews for Life Insurance Corporation of India

2.3

Rated by 5 employees for salary & benefits

5.0
  •  posted on 25 Jul 2018

3.0
 for  Salary and Benefits

Likes

Very Hard subject with Smart work (it’s not for all......!) It’s an open market but not for all who knows the pulse of market and customer portfolio they can sustain under this umbrella, other wise it’s an ocian for them they cont reach there’s destination part It’s an easy subject but but very toughf ! Who don’t know basic things

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Salary is the main part of every one career but in this domain very low salaries and long working hours

read more

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
see more salary related reviews

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Life Insurance Corporation of India Sales Manager Salary FAQs

What is the salary of Sales Manager at Life Insurance Corporation of India?
Sales Manager salary at Life Insurance Corporation of India in India ranges between ₹2.0 Lakhs to ₹6.5 Lakhs for experience between 1 years to 12 years. According to our estimates it is 40% less than the average Sales Manager Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Life Insurance Corporation of India India.
How does the salary of a Sales Manager at Life Insurance Corporation of India India compare with the average salary range for this job?
The average salary of a Sales Manager at Life Insurance Corporation of India is 40% less than the average salary of a Sales Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Sales Manager at Life Insurance Corporation of India?
Insurance Sales, Banking Sales and Sales are some of the popular skills required to work as a Sales Manager at Life Insurance Corporation of India India.
Which similar companies are paying more than Life Insurance Corporation of India to a Sales Manager in India?
  • Allianz Partners Sales Manager Salary - ₹15.0 Lakhs to ₹18.5 Lakhs per year
  • ICICI Prudential Life Insurance Sales Manager Salary - ₹2.5 Lakhs to ₹10.6 Lakhs per year
  • ICICI Lombard General Insurance Company Sales Manager Salary - ₹2.0 Lakhs to ₹11.4 Lakhs per year
  • Aditya Birla Sun Life Insurance Sales Manager Salary - ₹2.2 Lakhs to ₹10.0 Lakhs per year
  • AIG Sales Manager Salary - ₹5.6 Lakhs to ₹6.3 Lakhs per year
What is the salary of a Sales Manager in companies similar to Life Insurance Corporation of India in India?
  • Tata AIA Life Insurance Sales Manager Salary - ₹2.4 Lakhs to ₹9.0 Lakhs per year
  • Bajaj Allianz General Insurance Sales Manager Salary - ₹1.8 Lakhs to ₹6.8 Lakhs per year
  • HDFC Life Sales Manager Salary - ₹1.6 Lakhs to ₹7.5 Lakhs per year
  • Axis Max Life Insurance Sales Manager Salary - ₹2.3 Lakhs to ₹6.2 Lakhs per year
  • Kotak Mahindara Life Insurance Sales Manager Salary - ₹2.0 Lakhs to ₹6.3 Lakhs per year
What is the estimated take home salary of a Sales Manager at Life Insurance Corporation of India in India?
The estimated take-home salary of a Sales Manager at Life Insurance Corporation of India ranges between ₹31,113 per month to ₹32,411 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Sales Manager salary in India which ranges between ₹2.0 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Sales Manager at Life Insurance Corporation of India?
According to AmbitionBox, 60% of the Life Insurance Corporation of India Sales Managers reported a notice period of 15 days or less, 40% reported a notice period of 1 Month.This is based on 15 responses on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Sales Manager salary in India ranges between ₹2 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 19 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.

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