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Life Insurance Corporation of India Senior Associate salaries in India

Annual salary range
6 - 8 years exp.
₹2.5 Lakhs - ₹6 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.
Salary of majority employees
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61% less than the average Senior Associate Salary in Insurance Companies for 6 - 8 years of experience

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Last Updated: 24 Dec 2024

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₹2.6 L/yr - ₹8 L/yr

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Allianz Senior Associate Salary

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₹2.4 L/yr - ₹3.2 L/yr

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₹3 L/yr - ₹6.5 L/yr

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₹4 L/yr - ₹8.5 L/yr

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₹1.1 L/yr - ₹4.3 L/yr

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₹1.2 L/yr - ₹4.9 L/yr

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View all
Senior Associate salary at Life Insurance Corporation of India ranges between ₹2.5 Lakhs to ₹6 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Senior Associate

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8 years exp.
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Experience wise Life Insurance Corporation of India Senior Associate salaries

Last Updated: 24 Dec 2024

Experience Avg Annual Salary
6 years  (3 salaries)

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₹2.5 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹2.5 L/yr

Similar Designation salaries in Life Insurance Corporation of India

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System Engineer Salary
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₹2.3 L/yr - ₹3 L/yr
Web Developer Salary
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₹6.3 L/yr - ₹8 L/yr
Technical Lead Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
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₹4.5 L/yr - ₹30 L/yr
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₹1.1 L/yr - ₹12 L/yr
Associate Consultant Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
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₹3 L/yr - ₹12 L/yr
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Salary related reviews for Life Insurance Corporation of India

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BFSI, Investments & Trading Department

5.0
  •  posted on 19 Jul 2024

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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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Job Performing Flexibility.

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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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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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Full Time

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5.0
  •  posted on 24 Apr 2022

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 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
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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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Sales & Business Development Department

3.0
  •  posted on 31 Oct 2022

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 for  Salary and Benefits

Likes

Daispora of LICI. Salary and Perks. Free to work.

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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.

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  • Job security - Bad
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Life Insurance Corporation of India Senior Associate Salary FAQs

What is the salary of Senior Associate at Life Insurance Corporation of India?
Senior Associate salary at Life Insurance Corporation of India in India ranges between ₹2.5 Lakhs to ₹6.0 Lakhs for experience between 6 years to 8 years. According to our estimates it is 61% less than the average Senior Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India India.
How does the salary of a Senior Associate at Life Insurance Corporation of India India compare with the average salary range for this job?
The average salary of a Senior Associate at Life Insurance Corporation of India is 61% less than the average salary of a Senior Associate in India. To know exact salary insights, login to view.
Which similar companies are paying more than Life Insurance Corporation of India to a Senior Associate in India?
  • The New India Assurance Co. Senior Associate Salary - ₹5.2 Lakhs to ₹12.0 Lakhs per year
  • Principal Global Services Senior Associate Salary - ₹4.0 Lakhs to ₹8.5 Lakhs per year
  • Gallagher Senior Associate Salary - ₹2.6 Lakhs to ₹8.0 Lakhs per year
  • Tata AIA Life Insurance Senior Associate Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
  • United India Insurance Company Senior Associate Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year
What is the salary of a Senior Associate in companies similar to Life Insurance Corporation of India in India?
  • ICICI Lombard General Insurance Company Senior Associate Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
  • AXA Senior Associate Salary - ₹2.8 Lakhs to ₹7.7 Lakhs per year
  • ICICI Prudential Life Insurance Senior Associate Salary - ₹2.5 Lakhs to ₹5.5 Lakhs per year
  • Aditya Birla Sun Life Insurance Senior Associate Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
  • SBI Life Insurance Company Senior Associate Salary - ₹2.0 Lakhs to ₹6.8 Lakhs per year
What is the estimated take home salary of a Senior Associate at Life Insurance Corporation of India in India?
The estimated take-home salary of a Senior Associate at Life Insurance Corporation of India ranges between ₹26,217 per month to ₹27,638 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Senior Associate salary in India which ranges between ₹2.5 Lakhs to ₹6.0 Lakhs per year for employees with experience between 6 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Senior Associate at Life Insurance Corporation of India?
According to AmbitionBox, 100% of the Life Insurance Corporation of India Senior Associates reported a notice period of More than 3 months.This is based on 1 response on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Senior Associate salary in India ranges between ₹2.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.

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