Life Insurance Corporation of India Senior Area Manager Salaries by 2 Employees (Updated 2025)

12 - 23 years exp.

₹14.9 Lakhs - ₹19 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 21 Nov 2024

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

Company name	Avg Annual Salary	Open Jobs
HDFC Life Senior Area Manager Salary 9 - 12 years exp. (4 salaries)	₹3.5 L/yr - ₹8.5 L/yr 63% less
ICICI Prudential Life Insurance Senior Area Manager Salary 4 - 18 years exp. (6 salaries)	₹6.5 L/yr - ₹15 L/yr 40% less
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SBI Life Insurance Company Senior Area Manager Salary 11 - 21 years exp. (133 salaries)	₹9 L/yr - ₹21 L/yr 18% less
Max Life Insurance Senior Area Manager Salary 12 - 18 years exp. (50 salaries)	₹8 L/yr - ₹20 L/yr 15% less	1 job opening
Bajaj Allianz Life Insurance Senior Area Manager Salary 6 - 17 years exp. (168 salaries)	₹6.3 L/yr - ₹15.2 L/yr 40% less
Reliance Nippon Life Insurance Senior Area Manager Salary 0 - 13 years exp. (7 salaries)	₹3 L/yr - ₹8.2 L/yr 72% less
Tata AIA Life Insurance Senior Area Manager Salary 9 - 18 years exp. (18 salaries)	₹10 L/yr - ₹21 L/yr 12% less	1 job opening
PNB MetLife Senior Area Manager Salary 13 - 17 years exp. (5 salaries)	₹7.5 L/yr - ₹9 L/yr 49% less
Aditya Birla Sun Life Insurance Senior Area Manager Salary 10 - 15 years exp. (4 salaries)	₹7.1 L/yr - ₹8 L/yr 55% less
Star Health & Allied Insurance Senior Area Manager Salary 15 - 22 years exp. (8 salaries)	₹17.5 L/yr - ₹24 L/yr 25% more
Bajaj Allianz General Insurance Senior Area Manager Salary 7 - 11 years exp. (4 salaries)	₹7.3 L/yr - ₹12 L/yr 45% less
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Shriram Life Insurance Senior Area Manager Salary 3 - 4 years exp. (3 salaries)	₹4.7 L/yr - ₹6 L/yr 69% less
HDFC Ergo General Insurance Senior Area Manager Salary 7 - 12 years exp. (3 salaries)	₹7.1 L/yr - ₹9.7 L/yr 50% less

Senior Area Manager salary at Life Insurance Corporation of India ranges between ₹14.9 Lakhs to ₹19 Lakhs per year for employees with experience between 12 years to 23 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

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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a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Life Insurance Corporation of India Senior Area Manager Salary FAQs

What is the notice period for Senior Area Manager at Life Insurance Corporation of India?

According to AmbitionBox, 100% of the Life Insurance Corporation of India Senior Area Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Senior Area Manager Salaries

Life Insurance Corporation of India Senior Area Manager salary in India ranges between ₹14.9 Lakhs to ₹19 Lakhs. This is an estimate based on latest salaries received from employees of Life Insurance Corporation of India.