Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary38% less than the average Senior Manager Salary in Insurance Companies for 7 - 31 years of experience
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Salaries in different departments
Sales & Business Development
Senior Manager Salary
7 - 13
years
exp.
(AmbitionBox Estimate)
|  ₹4.2 L/yr - ₹4.7 L/yr |
BFSI, Investments & Trading
Senior Manager Salary
14
years
exp.
(AmbitionBox Estimate)
| ₹9 L/yr - ₹11 L/yr |
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| |
Customer Success, Service & Operations
Senior Manager Salary
31
years
exp.
(AmbitionBox Estimate)
| ₹21.6 L/yr - ₹26.4 L/yr |
Administration & Facilities
Senior Manager Salary
31
years
exp.
(AmbitionBox Estimate)
| ₹21.6 L/yr - ₹26.4 L/yr |
Legal & Regulatory
Senior Manager Salary
14
years
exp.
(AmbitionBox Estimate)
| ₹5.4 L/yr - ₹6.6 L/yr |
Companies similar to Life Insurance Corporation of India for Senior Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Lombard General Insurance Company Senior Manager Salary
0 - 19 years exp. (1.6k salaries) | ₹4.9 L/yr - ₹14 L/yr 
29%
less | 1 job opening |
 Kotak Mahindara Life Insurance Senior Manager Salary
1 - 15 years exp. (693 salaries) | ₹3.3 L/yr - ₹10.5 L/yr
49%
less | |
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| ||
 HDFC Life Senior Manager Salary
2 - 20 years exp. (588 salaries) | ₹9 L/yr - ₹25 L/yr 
2%
more | 3 job openings |
 ICICI Prudential Life Insurance Senior Manager Salary
0 - 9 years exp. (481 salaries) | ₹11 L/yr - ₹26.9 L/yr
31%
more | |
 Axis Max Life Insurance Senior Manager Salary
3 - 17 years exp. (320 salaries) | ₹8.8 L/yr - ₹30.4 L/yr
35%
more | 3 job openings |
 HDFC Ergo General Insurance Senior Manager Salary
5 - 19 years exp. (319 salaries) | ₹7 L/yr - ₹24 L/yr
10%
more | |
 Tata AIA Life Insurance Senior Manager Salary
8 - 19 years exp. (229 salaries) | ₹10.8 L/yr - ₹42 L/yr
82%
more | 4 job openings |
 Reliance Nippon Life Insurance Senior Manager Salary
0 - 17 years exp. (203 salaries) | ₹6.6 L/yr - ₹13.8 L/yr
38%
less | |
 Bajaj Allianz Life Insurance Senior Manager Salary
3 - 18 years exp. (144 salaries) | ₹9.2 L/yr - ₹24 L/yr At par | |
 Aditya Birla Health Insurance Co Senior Manager Salary
2 - 14 years exp. (141 salaries) | ₹3.9 L/yr - ₹15.3 L/yr
36%
less | |
 Aditya Birla Sun Life Insurance Senior Manager Salary
1 - 12 years exp. (107 salaries) | ₹4 L/yr - ₹17 L/yr
29%
less | |
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| ||
 Star Health & Allied Insurance Senior Manager Salary
4 - 15 years exp. (83 salaries) | ₹4 L/yr - ₹14 L/yr
39%
less | |
 SBI Life Insurance Company Senior Manager Salary
5 - 14 years exp. (56 salaries) | ₹4 L/yr - ₹17.4 L/yr
27%
less | |
 Bajaj Allianz General Insurance Senior Manager Salary
3 - 18 years exp. (39 salaries) | ₹4.5 L/yr - ₹12.7 L/yr
24%
less | 1 job opening |
 Cholamandalam MS General Insurance Senior Manager Salary
3 - 17 years exp. (35 salaries) | ₹3.6 L/yr - ₹14 L/yr
35%
less | |
 Shriram Life Insurance Senior Manager Salary
1 - 18 years exp. (25 salaries) | ₹4.3 L/yr - ₹15 L/yr
35%
less | |
 AIG Senior Manager Salary
9 - 21 years exp. (21 salaries) | ₹18.5 L/yr - ₹35.1 L/yr
118%
more | |
| Aditya Birla Insurance Brokers Senior Manager Salary
5 - 20 years exp. (20 salaries) | ₹9.4 L/yr - ₹16.2 L/yr
10%
less | |
 Allianz Partners Senior Manager Salary
10 - 17 years exp. (16 salaries) | ₹10.8 L/yr - ₹27 L/yr
40%
more | |
 Gallagher Senior Manager Salary
5 - 22 years exp. (17 salaries) | ₹8.6 L/yr - ₹27 L/yr
24%
more | |
Latest annual salaries shared by Life Insurance Corporation of India Senior Manager
Experience wise Life Insurance Corporation of India Senior Manager salaries
Last Updated: 2 Aug 2024
| Experience | Avg Annual Salary |
|---|---|
| 7 years (AmbitionBox Estimate) |
₹4.2
L/yr
- ₹4.2
L/yr
|
| 8 years (AmbitionBox Estimate) |
₹3.8
L/yr
- ₹4.8
L/yr
|
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| |
| 9 years (AmbitionBox Estimate) |
₹3.9
L/yr
- ₹5
L/yr
|
| 10 years (AmbitionBox Estimate) |
₹4.7
L/yr
- ₹6
L/yr
|
| 11 years (AmbitionBox Estimate) |
₹5.5
L/yr
- ₹7.1
L/yr
|
Similar Designation salaries in Life Insurance Corporation of India
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Life Insurance Corporation of India Senior Manager Salary FAQs
The top 10% of Senior Manager at Life Insurance Corporation of India earn more than ₹24.0 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Senior Manager Salaries at Life Insurance Corporation of India can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.
These estimates are based on salary data submitted by 7 Life Insurance Corporation of India employees in India.
| Principal Global Services | ₹32.0 Lakhs to ₹50.0 Lakhs per year |
| AIG | ₹18.5 Lakhs to ₹35.1 Lakhs per year |
| General Insurance Corporation of India | ₹22.0 Lakhs to ₹50.0 Lakhs per year |
| Allianz | ₹24.0 Lakhs to ₹30.0 Lakhs per year |
| Tata AIA Life Insurance | ₹10.8 Lakhs to ₹42.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Life Insurance Corporation of India, depending on the role and experience level.
| AXA | ₹20.0 Lakhs to ₹26.5 Lakhs per year |
| Allianz Partners | ₹10.8 Lakhs to ₹27.0 Lakhs per year |
| Axis Max Life Insurance | ₹8.8 Lakhs to ₹30.4 Lakhs per year |
| ICICI Prudential Life Insurance | ₹11.0 Lakhs to ₹26.9 Lakhs per year |
| Gallagher | ₹8.6 Lakhs to ₹27.0 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Experience | Average Salary Range |
|---|---|
| 7 years | ₹4.2 Lakhs to ₹4.2 Lakhs per year |
| 8 years | ₹3.8 Lakhs to ₹4.8 Lakhs per year |
| 9 years | ₹3.9 Lakhs to ₹5.0 Lakhs per year |
| 10 years | ₹4.7 Lakhs to ₹6.0 Lakhs per year |
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Life Insurance Corporation of India Senior Manager Salaries by Location
- Life Insurance Corporation of India Senior Manager salaries in Mumbai
- Life Insurance Corporation of India Senior Manager salaries in New Delhi
- Life Insurance Corporation of India Senior Manager salaries in Bangalore / Bengaluru
- Life Insurance Corporation of India Senior Manager salaries in Meerut
- Life Insurance Corporation of India Senior Manager salaries in Panaji
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- Life Insurance Corporation of India Senior Manager Salaries
Life Insurance Corporation of India Senior Manager salary
in
India
ranges between ₹4.2
Lakhs to ₹24
Lakhs with an average annual salary of
₹. Salary estimates are based on
7
Life Insurance Corporation of India latest salaries received from various employees of
Life Insurance Corporation of India.