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Life Insurance Corporation of India Sales Officer salaries in India

Annual salary range
2 - 9 years exp.
₹1 Lakh - ₹5 Lakhs
Salary of majority employees
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32% less than the average Sales Officer Salary in Insurance Companies for 2 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Sales Officer Salary
2 - 4 years exp. (4 salaries)
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₹2.3 L/yr - ₹5 L/yr

Finance & Accounting
Sales Officer Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹1.2 L/yr - ₹2.7 L/yr

Last Updated: 2 Jul 2024

Companies similar to Life Insurance Corporation of India for Sales Officer

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

1 - 6 years exp. (64 salaries)

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₹1.4 L/yr - ₹4.4 L/yr

arrow icon 18% more
1 job opening
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₹1.8 L/yr - ₹4.3 L/yr

arrow icon 35% more
Logo
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₹2 L/yr - ₹3.5 L/yr

arrow icon 14% more
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Max Life Insurance Sales Officer Salary

0 - 5 years exp. (52 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 9% more
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₹2 L/yr - ₹5.5 L/yr

arrow icon 30% more
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₹1.5 L/yr - ₹4 L/yr

arrow icon 15% more
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₹1.5 L/yr - ₹4.1 L/yr

arrow icon 5% less
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Tata AIA Life Insurance Sales Officer Salary

1 - 8 years exp. (17 salaries)

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₹2.3 L/yr - ₹4.7 L/yr

arrow icon 43% more
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PNB MetLife Sales Officer Salary

0 - 9 years exp. (10 salaries)

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₹1.5 L/yr - ₹4.1 L/yr

arrow icon 15% more
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₹2 L/yr - ₹4 L/yr

arrow icon 16% more
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₹0.9 L/yr - ₹4 L/yr

arrow icon 12% less
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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 6% more
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₹1.7 L/yr - ₹3.9 L/yr

arrow icon 5% more
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₹1.6 L/yr - ₹4.5 L/yr

arrow icon 22% more
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Shriram Life Insurance Sales Officer Salary

0 - 6 years exp. (33 salaries)

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₹1.3 L/yr - ₹3.4 L/yr

arrow icon 5% more
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₹2 L/yr - ₹4.5 L/yr

arrow icon 20% more
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₹3 L/yr - ₹4 L/yr

arrow icon 47% more
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₹1.6 L/yr - ₹3.1 L/yr

arrow icon 6% more

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Sales Officer salary at Life Insurance Corporation of India ranges between ₹1 Lakh to ₹5 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 11 latest salaries received from various employees of Life Insurance Corporation of India.

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

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9 years exp.

Experience wise Life Insurance Corporation of India Sales Officer salaries

Last Updated: 2 Jul 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1 L/yr - ₹4 L/yr
3 years  (5 salaries)

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₹1 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
6 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr
View all

Similar Designation salaries in Life Insurance Corporation of India

Sales Manager Salary
(19 salaries)
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₹2 L/yr - ₹6.5 L/yr
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₹1.8 L/yr - ₹3 L/yr
Sales Executive Salary
(68 salaries)
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₹1 L/yr - ₹5 L/yr
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₹2.4 L/yr - ₹5 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr
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₹2.5 L/yr - ₹3.5 L/yr
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₹2 L/yr - ₹4 L/yr
Deputy Manager Salary
(5 salaries)
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₹2.35 L/yr - ₹9.28 L/yr
Team Lead Salary
(17 salaries)
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₹1.4 L/yr - ₹4 L/yr
Area Sales Executive Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr

Salary related reviews for Life Insurance Corporation of India

4.3

Rated by 5 employees for salary & benefits

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

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
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Life Insurance Corporation of India Sales Officer Salary FAQs

What is the salary of Sales Officer at Life Insurance Corporation of India?
Sales Officer salary at Life Insurance Corporation of India in India ranges between ₹1.0 Lakhs to ₹5.0 Lakhs for experience between 2 years to 9 years. According to our estimates it is 32% less than the average Sales Officer Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Life Insurance Corporation of India India.
How does the salary of a Sales Officer at Life Insurance Corporation of India India compare with the average salary range for this job?
The average salary of a Sales Officer at Life Insurance Corporation of India is 32% less than the average salary of a Sales Officer 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 Officer in India?
  • Aditya Birla Health Insurance Co Sales Officer Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
  • Tata AIA Life Insurance Sales Officer Salary - ₹2.3 Lakhs to ₹4.7 Lakhs per year
  • ICICI Prudential Life Insurance Sales Officer Salary - ₹1.8 Lakhs to ₹4.3 Lakhs per year
  • Bajaj Allianz Life Insurance Sales Officer Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
  • HDFC Ergo General Insurance Sales Officer Salary - ₹1.6 Lakhs to ₹4.5 Lakhs per year
What is the salary of a Sales Officer in companies similar to Life Insurance Corporation of India in India?
  • Cholamandalam MS General Insurance Sales Officer Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
  • HDFC Life Sales Officer Salary - ₹1.4 Lakhs to ₹4.4 Lakhs per year
  • Aditya Birla Sun Life Insurance Sales Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
  • PNB MetLife Sales Officer Salary - ₹1.5 Lakhs to ₹4.1 Lakhs per year
  • Kotak Mahindara Life Insurance Sales Officer Salary - ₹1.5 Lakhs to ₹4.0 Lakhs per year
What is the estimated take home salary of a Sales Officer at Life Insurance Corporation of India in India?
The estimated take-home salary of a Sales Officer at Life Insurance Corporation of India ranges between ₹16,712 per month to ₹18,425 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Sales Officer salary in India which ranges between ₹1.0 Lakhs to ₹5.0 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Sales Officer at Life Insurance Corporation of India?
According to AmbitionBox, 73% of the Life Insurance Corporation of India Sales Officers reported a notice period of 15 days or less, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Life Insurance Corporation of India Sales Officer salary in India ranges between ₹1 Lakh to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.