Life Insurance Corporation of India Senior Relationship Manager Salaries by 3 Employees (Updated 2025)

1 - 5 years exp.

₹3.1 Lakhs - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

36% less than the average Senior Relationship Manager Salary in Insurance Companies for 1 - 5 years of experience

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Last Updated: 19 Feb 2025

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

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Senior Relationship Manager Salary 0 - 10 years exp. (710 salaries)	₹2 L/yr - ₹4 L/yr 8% less	6 job openings
ICICI Lombard General Insurance Company Senior Relationship Manager Salary 3 - 13 years exp. (330 salaries)	₹4.5 L/yr - ₹7.4 L/yr 68% more
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HDFC Life Senior Relationship Manager Salary 2 - 9 years exp. (312 salaries)	₹2 L/yr - ₹5 L/yr 9% more
Reliance Nippon Life Insurance Senior Relationship Manager Salary 0 - 8 years exp. (312 salaries)	₹1.9 L/yr - ₹4 L/yr 21% less
Tata AIA Life Insurance Senior Relationship Manager Salary 1 - 8 years exp. (240 salaries)	₹2.8 L/yr - ₹6.4 L/yr 30% more	1 job opening
Axis Max Life Insurance Senior Relationship Manager Salary 3 - 10 years exp. (188 salaries)	₹3 L/yr - ₹9 L/yr 59% more
Aditya Birla Sun Life Insurance Senior Relationship Manager Salary 0 - 9 years exp. (80 salaries)	₹2.5 L/yr - ₹5.5 L/yr 11% more
ICICI Prudential Life Insurance Senior Relationship Manager Salary 2 - 6 years exp. (43 salaries)	₹2.9 L/yr - ₹6.5 L/yr 20% more
Star Health & Allied Insurance Senior Relationship Manager Salary 2 - 10 years exp. (40 salaries)	₹2.7 L/yr - ₹4.6 L/yr 3% less
Bajaj Allianz General Insurance Senior Relationship Manager Salary 2 - 10 years exp. (35 salaries)	₹2.6 L/yr - ₹7 L/yr 37% more	12 job openings
Kotak Mahindara Life Insurance Senior Relationship Manager Salary 3 - 8 years exp. (19 salaries)	₹3.5 L/yr - ₹6.5 L/yr 26% more
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Shriram Life Insurance Senior Relationship Manager Salary 0 - 6 years exp. (23 salaries)	₹2.1 L/yr - ₹8.6 L/yr 18% more
Cholamandalam MS General Insurance Senior Relationship Manager Salary 3 - 12 years exp. (13 salaries)	₹3 L/yr - ₹5.7 L/yr 22% more
Aditya Birla Health Insurance Co Senior Relationship Manager Salary 4 - 9 years exp. (10 salaries)	₹3.8 L/yr - ₹7.3 L/yr 104% more
SBI Life Insurance Company Senior Relationship Manager Salary 3 - 8 years exp. (14 salaries)	₹3.3 L/yr - ₹5.5 L/yr 20% more
HDFC Ergo General Insurance Senior Relationship Manager Salary 1 - 6 years exp. (11 salaries)	₹2.8 L/yr - ₹3.7 L/yr 9% less
Aditya Birla Insurance Brokers Senior Relationship Manager Salary 1 - 15 years exp. (4 salaries)	₹2.8 L/yr - ₹5 L/yr 12% more

Senior Relationship Manager salary at Life Insurance Corporation of India ranges between ₹3.1 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Life Insurance Corporation of India.

Experience wise Life Insurance Corporation of India Senior Relationship Manager salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹4 L/yr

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Zonal Sales Manager Salary

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Branch Manager Salary

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₹4 L/yr - ₹11.5 L/yr

Area Sales Manager Salary

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Area Manager Salary

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₹7.5 L/yr - ₹10 L/yr

Business Manager Salary

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₹1 L/yr - ₹5.75 L/yr

Salary related reviews for Life Insurance Corporation of India

3.9

Rated by 2 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

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.

see more salary related reviews

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Life Insurance Corporation of India Senior Relationship Manager Salary FAQs

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

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

Experience	Average Salary Range
1 year	₹3.1 Lakhs to ₹3.1 Lakhs per year
2 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
3 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
4 years	₹1.5 Lakhs to ₹4.0 Lakhs per year

and so on.

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Life Insurance Corporation of India Senior Relationship Manager Salaries

Life Insurance Corporation of India Senior Relationship Manager salary in India ranges between ₹3.1 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.

Life Insurance Corporation of India Senior Relationship Manager salaries in India (Updated 2025)

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

Latest annual salaries shared by Life Insurance Corporation of India Senior Relationship Manager

Experience wise Life Insurance Corporation of India Senior Relationship Manager salaries

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 Relationship Manager Salary FAQs

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