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Life Insurance Corporation of India Sales Manager salaries in Prayagraj / Allahabad

Annual salary range
7 - 9 years exp.
₹3.6 Lakhs - ₹6.5 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.
Avg. annual salary
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Monthly In-hand Salary

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Sales Manager Salary at Life Insurance Corporation of India ranges between ₹3.6 Lakhs to ₹6.5 Lakhs per year for employees with experience between 7 years to 9 years. Salary estimates are based on 3 latest... Read more

21% less than the average Sales Manager Salary in Insurance Companies for 7 - 9 years of experience

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Last Updated: 5 Jun 2023

Companies similar to Life Insurance Corporation of India for Sales Manager in Prayagraj / Allahabad

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Life Insurance Corporation of India Sales Manager Salary

7 - 9 years exp. (3 salaries)

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₹3.6 L/yr - ₹6.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.3 L/yr - ₹6.7 L/yr

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82 job openings
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Prism Johnson Sales Manager Salary

10 - 14 years exp. (5 salaries)

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₹11.9 L/yr - ₹20 L/yr

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Reliance Retail Sales Manager Salary

2 - 12 years exp. (5 salaries)

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₹2.9 L/yr - ₹7.6 L/yr

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3 job openings
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Malvika Cement Sales Manager Salary

25 - 28 years exp. (4 salaries)

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₹5.8 L/yr - ₹7.4 L/yr

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₹3 L/yr - ₹6.1 L/yr

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10 job openings
Life Insurance Corporation of India Sales Manager Salary and Career Growth

From

To

Sales Manager

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0 - 12 years exp.

Health Insurance Manager

Salary unavailable

Sales Manager

0 - 12 years exp.
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Chief Manager

12 - 32 years exp.
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arrow icon 372% hike

Marketing Manager

Salary

unavailable

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.

Life Insurance Corporation of India Sales Manager salaries by

Years of experience Avg. annual salary
7 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
9 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr

Similar Designation Salaries at Life Insurance Corporation of India

Similar Designation Avg. annual salary
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₹2 L/yr - ₹3.2 L/yr

Top trending discussions

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Career Growth
2w (edited)
pleasantfox
·
works at
Insurance Sector
Stability vs Growth
I worked in a company for 20 years and suddenly put off role. Searching jobs I realised I am over age for various roles that I could do and less experienced for Leadership Roles as my exposure was limited. I always thought I am earning decent money and can work another 7 years and retire at 50. Though the younger generation is much smarter I still want to advise them (BFSI specific) * Work in a role for max 2-3 years and switch when you feel you are done. * By age of 30, if you are still earning less than 10 lakh you are not growing * By age of 35 you must become AVP as no company will hire AVP if you are more than 36. *Be loyal to your self, not your organization. * Most importantly save atleast 30% or more of whatever your CTC. Donot spend much with every raise. * Buy a property, and pay loans before 35. In tough times it's only Savings that give you cushion and peace nothing else
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Salary related reviews for Life Insurance Corporation of India

5.0
  •  updated 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

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BFSI, Investments & Trading Department

5.0
  •  updated 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.

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  • Skill development - Poor
  • +2 more

Full Time

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Sales & Business Development Department

5.0
  •  updated 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

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  • Promotions - Poor

Full Time

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Sales & Business Development Department

1.0
  •  updated 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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  • Skill development - Poor
  • +5 more

Full Time

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Construction & Site Engineering Department

5.0
  •  updated 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.

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  • 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.

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Life Insurance Corporation of India Sales Manager Salary FAQs

How the salary growth look like for a Sales Manager at Life Insurance Corporation of India in Prayagraj / Allahabad?
The salary growth for a Sales Manager at Life Insurance Corporation of India in Prayagraj / Allahabad depends on factors such as experience, performance, and promotions. On average, a Sales Manager in Prayagraj / Allahabad can expect the following growth trajectory at Life Insurance Corporation of India:

Experience Average Salary Range
7 years ₹4.0 Lakhs to ₹5.2 Lakhs per year
8 years ₹4.0 Lakhs to ₹5.1 Lakhs per year
9 years ₹4.0 Lakhs to ₹5.1 Lakhs per year
and so on.

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Life Insurance Corporation of India Sales Manager salary in Prayagraj / Allahabad ranges between ₹3.6 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.