Life Insurance Corporation of India Bangalore / Bengaluru Senior Manager Salaries by Employees (Updated 2025)

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₹12.2 Lakhs - ₹15.6 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 2 Aug 2024

Companies similar to Life Insurance Corporation of India for Senior Manager in Bangalore / Bengaluru

Life Insurance Corporation of India Senior Manager Salary

31 years exp. (AmbitionBox Estimate)

₹12.2 L/yr - ₹15.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Senior Manager Salary 3 - 18 years exp. (65 salaries)	₹6.1 L/yr - ₹21 L/yr 12% less	1 job opening
ICICI Prudential Life Insurance Senior Manager Salary 1 - 9 years exp. (36 salaries)	₹10.5 L/yr - ₹24 L/yr 27% more
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SBI Life Insurance Company Senior Manager Salary 8 - 14 years exp. (5 salaries)	₹7.5 L/yr - ₹17 L/yr 23% less
Max Life Insurance Senior Manager Salary 5 - 15 years exp. (13 salaries)	₹7 L/yr - ₹25.7 L/yr 22% more	3 job openings
Bajaj Allianz Life Insurance Senior Manager Salary 1 - 12 years exp. (9 salaries)	₹5.1 L/yr - ₹12.2 L/yr 41% less	1 job opening
Kotak Mahindara Life Insurance Senior Manager Salary 1 - 14 years exp. (62 salaries)	₹4 L/yr - ₹9 L/yr 53% less	3 job openings
Reliance Nippon Life Insurance Senior Manager Salary 1 - 18 years exp. (7 salaries)	₹4.5 L/yr - ₹12 L/yr 33% less
Tata AIA Life Insurance Senior Manager Salary 10 - 15 years exp. (8 salaries)	₹11.5 L/yr - ₹30.7 L/yr 54% more	13 job openings
Aditya Birla Sun Life Insurance Senior Manager Salary 4 - 9 years exp. (6 salaries)	₹5 L/yr - ₹14 L/yr 42% less
ICICI Lombard General Insurance Company Senior Manager Salary 0 - 19 years exp. (126 salaries)	₹5.2 L/yr - ₹13.7 L/yr 26% less	7 job openings
HDFC Ergo General Insurance Senior Manager Salary 7 - 17 years exp. (30 salaries)	₹8 L/yr - ₹19.5 L/yr 11% more
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Gallagher Senior Manager Salary 15 - 18 years exp. (6 salaries)	₹11 L/yr - ₹27 L/yr 41% more
Aditya Birla Health Insurance Co Senior Manager Salary 4 - 8 years exp. (4 salaries)	₹4.1 L/yr - ₹11.1 L/yr 37% less
Star Health & Allied Insurance Senior Manager Salary 8 - 10 years exp. (3 salaries)	₹5.4 L/yr - ₹9.5 L/yr 41% less

Senior Manager salary at Life Insurance Corporation of India ranges between ₹12.2 Lakhs to ₹15.6 Lakhs per year for employees with 31 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Life Insurance Corporation of India.

Similar Designation salaries in Life Insurance Corporation of India

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Development Officer Salary

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₹4.5 L/yr - ₹12 L/yr

Agent Salary

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₹1 L/yr - ₹4.5 L/yr

Office Assistant Salary

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₹1 L/yr - ₹1.87 L/yr

Financial Advisor Salary

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₹2.4 L/yr - ₹3.5 L/yr

Life Insurance Advisor Salary

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₹2.05 L/yr - ₹5.05 L/yr

Salary related reviews for Life Insurance Corporation of India

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

Skill development - Excellent

+5 more

Dislikes

Salary is the main part of every one career but in this domain very low salaries and long working hours

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.

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Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Life Insurance Corporation of India Senior Manager Salaries in Bangalore / Bengaluru

Life Insurance Corporation of India Senior Manager salary in Bangalore / Bengaluru ranges between ₹12.2 Lakhs to ₹15.6 Lakhs. This is an estimate based on latest salaries received from employees of Life Insurance Corporation of India.

Life Insurance Corporation of India Senior Manager salaries in Bangalore / Bengaluru

Companies similar to Life Insurance Corporation of India for Senior Manager in Bangalore / Bengaluru

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

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