Life Insurance Corporation of India Senior Agency Manager Salaries by 2 Employees

9 - 11 years exp.

₹4.9 Lakhs - ₹6.3 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 8 Mar 2023

Companies similar to Life Insurance Corporation of India for Senior Agency Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Agency Manager Salary 0 - 9 years exp. (270 salaries)	₹3.8 L/yr - ₹6 L/yr 12% less
Aditya Birla Health Insurance Co Senior Agency Manager Salary 0 - 8 years exp. (217 salaries)	₹3.3 L/yr - ₹4.5 L/yr 30% less
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Aditya Birla Sun Life Insurance Senior Agency Manager Salary 0 - 10 years exp. (113 salaries)	₹2.2 L/yr - ₹4.3 L/yr 47% less
SBI Life Insurance Company Senior Agency Manager Salary 3 - 12 years exp. (93 salaries)	₹3.4 L/yr - ₹5.2 L/yr 20% less
HDFC Ergo General Insurance Senior Agency Manager Salary 3 - 11 years exp. (50 salaries)	₹3.6 L/yr - ₹5.5 L/yr 19% less
HDFC Life Senior Agency Manager Salary 2 - 12 years exp. (25 salaries)	₹3 L/yr - ₹6 L/yr 22% less
Cholamandalam MS General Insurance Senior Agency Manager Salary 1 - 16 years exp. (10 salaries)	₹3.1 L/yr - ₹4 L/yr 37% less
Axis Max Life Insurance Senior Agency Manager Salary 3 - 12 years exp. (9 salaries)	₹4.3 L/yr - ₹7.2 L/yr 2% less
Reliance Nippon Life Insurance Senior Agency Manager Salary 3 - 8 years exp. (7 salaries)	₹2.1 L/yr - ₹3.6 L/yr 49% less
Kotak Mahindara Life Insurance Senior Agency Manager Salary 2 - 8 years exp. (7 salaries)	₹1.2 L/yr - ₹6.2 L/yr 23% less
Bajaj Allianz Life Insurance Senior Agency Manager Salary 0 - 5 years exp. (5 salaries)	₹3.6 L/yr - ₹5 L/yr 25% less
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Shriram Life Insurance Senior Agency Manager Salary 1 - 19 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr 28% less
Aditya Birla Insurance Brokers Senior Agency Manager Salary 2 - 10 years exp. (4 salaries)	₹2.7 L/yr - ₹3.4 L/yr 49% less
ICICI Lombard General Insurance Company Senior Agency Manager Salary 5 - 11 years exp. (3 salaries)	₹4 L/yr - ₹6.5 L/yr 3% more

Senior Agency Manager salary at Life Insurance Corporation of India ranges between ₹4.9 Lakhs to ₹6.3 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 2 latest salaries received from various employees of Life Insurance Corporation of India.

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Salary related reviews for Life Insurance Corporation of India

5.0

Rated by 1 employees for salary & benefits

Senior Business Development Manager

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

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• posted on 19 Jul 2024

5.0

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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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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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Development Officer in Hyderabad / Secunderabad

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Sales & Business Development Department

5.0

• posted on 21 Sep 2023

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Job Performing Flexibility.

Job security - Excellent

+3 more

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...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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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.

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Insurance Adviser in Suryapet

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5.0

• posted on 24 Apr 2022

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...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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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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Life Insurance Corporation of India Senior Agency Manager Salary FAQs

How the salary growth look like for a Senior Agency Manager at Life Insurance Corporation of India in India?

The salary growth for a Senior Agency Manager at Life Insurance Corporation of India depends on factors such as experience, performance, and promotions. On average, a Senior Agency Manager can expect the following growth trajectory at Life Insurance Corporation of India:

Experience	Average Salary Range
9 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
11 years	₹5.9 Lakhs to ₹7.6 Lakhs per year

and so on.

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Life Insurance Corporation of India Senior Agency Manager Salaries

Life Insurance Corporation of India Senior Agency Manager salary in India ranges between ₹4.9 Lakhs to ₹6.3 Lakhs. This is an estimate based on latest salaries received from employees of Life Insurance Corporation of India.

Life Insurance Corporation of India Senior Agency Manager salaries in India

Companies similar to Life Insurance Corporation of India for Senior Agency Manager

Similar Designation salaries in Life Insurance Corporation of India

Salary related reviews for Life Insurance Corporation of India

Senior Business Development Manager

Advisor in Kulgam

Development Officer in Hyderabad / Secunderabad

Development Officer in Mumbai

Insurance Adviser in Suryapet

Life Insurance Corporation of India Senior Agency Manager Salary FAQs

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