Life Insurance Corporation of India Sales Officer Salaries by 10+ Employees (Updated 2025)

2 - 9 years exp.

₹1 Lakh - ₹5 Lakhs

Salary of majority employees

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)	₹2.3 L/yr - ₹5 L/yr
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Finance & Accounting Sales Officer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹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
HDFC Life Sales Officer Salary 1 - 6 years exp. (64 salaries)	₹1.4 L/yr - ₹4.4 L/yr 18% more	1 job opening
ICICI Prudential Life Insurance Sales Officer Salary 0 - 6 years exp. (43 salaries)	₹1.8 L/yr - ₹4.3 L/yr 35% more
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SBI Life Insurance Company Sales Officer Salary 1 - 6 years exp. (40 salaries)	₹2 L/yr - ₹3.5 L/yr 13% more
Max Life Insurance Sales Officer Salary 0 - 5 years exp. (53 salaries)	₹1.8 L/yr - ₹4 L/yr 13% more
Bajaj Allianz Life Insurance Sales Officer Salary 0 - 8 years exp. (23 salaries)	₹2 L/yr - ₹5.5 L/yr 30% more
Kotak Mahindara Life Insurance Sales Officer Salary 0 - 5 years exp. (8 salaries)	₹1.5 L/yr - ₹4 L/yr 15% more
Reliance Nippon Life Insurance Sales Officer Salary 1 - 5 years exp. (15 salaries)	₹1.5 L/yr - ₹4.1 L/yr 5% less
Tata AIA Life Insurance Sales Officer Salary 1 - 7 years exp. (16 salaries)	₹2.3 L/yr - ₹4.7 L/yr 42% more
PNB MetLife Sales Officer Salary 0 - 9 years exp. (10 salaries)	₹1.5 L/yr - ₹4.1 L/yr 15% more
Aditya Birla Sun Life Insurance Sales Officer Salary 0 - 6 years exp. (13 salaries)	₹2 L/yr - ₹4 L/yr 16% more
ICICI Lombard General Insurance Company Sales Officer Salary 0 - 5 years exp. (173 salaries)	₹0.9 L/yr - ₹4 L/yr 8% less
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Bajaj Allianz General Insurance Sales Officer Salary 0 - 6 years exp. (136 salaries)	₹1.2 L/yr - ₹4.5 L/yr 6% more
Star Health & Allied Insurance Sales Officer Salary 0 - 6 years exp. (50 salaries)	₹1.7 L/yr - ₹3.9 L/yr 5% more
HDFC Ergo General Insurance Sales Officer Salary 0 - 6 years exp. (46 salaries)	₹1.6 L/yr - ₹4.5 L/yr 22% more
Shriram Life Insurance Sales Officer Salary 0 - 6 years exp. (33 salaries)	₹1.3 L/yr - ₹3.4 L/yr 5% more
Cholamandalam MS General Insurance Sales Officer Salary 2 - 7 years exp. (26 salaries)	₹2 L/yr - ₹4.5 L/yr 20% more
Aditya Birla Health Insurance Co Sales Officer Salary 1 - 5 years exp. (10 salaries)	₹3 L/yr - ₹4 L/yr 47% more
National Insurance Company Sales Officer Salary 2 - 31 years exp. (3 salaries)	₹1.6 L/yr - ₹3.1 L/yr 6% more

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.

Experience wise Life Insurance Corporation of India Sales Officer salaries

Last Updated: 2 Jul 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1 L/yr - ₹4 L/yr
3 years (5 salaries)	₹1 L/yr - ₹5 L/yr
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4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
6 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
7 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
9 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr

View all

Similar Designation salaries in Life Insurance Corporation of India

Sales Manager Salary

(19 salaries)

₹2 L/yr - ₹6.5 L/yr

Senior Sales Officer Salary

(4 salaries)

₹1.8 L/yr - ₹3 L/yr

Sales Executive Salary

(69 salaries)

₹1 L/yr - ₹6 L/yr

Sales Associate Salary

(5 salaries)

₹2.4 L/yr - ₹5 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Relationship Officer Salary

(3 salaries)

₹2.5 L/yr - ₹3.5 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

Team Lead Salary

(17 salaries)

₹1.4 L/yr - ₹4 L/yr

Area Sales Executive Salary

(AmbitionBox Estimate)

₹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

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

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.

Skill development - Poor

+2 more

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.

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

Promotions - Poor

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.

Skill development - Poor

+5 more

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.

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.

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.

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.

Job security - Bad

+4 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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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.

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Life Insurance Corporation of India Sales Officer Salaries

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

Life Insurance Corporation of India Sales Officer salaries in India

Companies similar to Life Insurance Corporation of India for Sales Officer

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

Experience wise Life Insurance Corporation of India Sales Officer salaries

Similar Designation salaries in Life Insurance Corporation of India

Salary related reviews for Life Insurance Corporation of India

Advisor in Kulgam

Development Officer in Hyderabad / Secunderabad

Development Officer in Mumbai

Insurance Adviser in Suryapet

Development Officer in Birbhum

Life Insurance Corporation of India Sales Officer Salary FAQs

Tell us how to improve this page.