Life Insurance Corporation of India Senior Relationship Manager Salaries by 5 Employees (Updated 2025)

1 - 4 years exp.

₹2.4 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

47% less than the average Senior Relationship Manager Salary in Insurance Companies for 1 - 4 years of experience

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Last Updated: 5 Aug 2024

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

Company name	Avg Annual Salary	Open Jobs
HDFC Life Senior Relationship Manager Salary 2 - 9 years exp. (320 salaries)	₹2 L/yr - ₹5 L/yr 34% more
ICICI Prudential Life Insurance Senior Relationship Manager Salary 2 - 5 years exp. (33 salaries)	₹3 L/yr - ₹6.5 L/yr 48% more
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SBI Life Insurance Company Senior Relationship Manager Salary 3 - 8 years exp. (12 salaries)	₹3.3 L/yr - ₹5.5 L/yr 49% more
Max Life Insurance Senior Relationship Manager Salary 3 - 10 years exp. (185 salaries)	₹3 L/yr - ₹9 L/yr 105% more
Bajaj Allianz Life Insurance Senior Relationship Manager Salary 0 - 10 years exp. (661 salaries)	₹2 L/yr - ₹4 L/yr 12% more
Kotak Mahindara Life Insurance Senior Relationship Manager Salary 0 - 8 years exp. (20 salaries)	₹3 L/yr - ₹6 L/yr 50% more
Reliance Nippon Life Insurance Senior Relationship Manager Salary 0 - 9 years exp. (214 salaries)	₹1.9 L/yr - ₹4.5 L/yr 2% less
Tata AIA Life Insurance Senior Relationship Manager Salary 2 - 8 years exp. (197 salaries)	₹2.7 L/yr - ₹6 L/yr 58% more	9 job openings
PNB MetLife Senior Relationship Manager Salary 2 - 11 years exp. (691 salaries)	₹3.1 L/yr - ₹6 L/yr 63% more	8 job openings
Aditya Birla Sun Life Insurance Senior Relationship Manager Salary 0 - 9 years exp. (74 salaries)	₹2.5 L/yr - ₹5.5 L/yr 25% more
ICICI Lombard General Insurance Company Senior Relationship Manager Salary 3 - 13 years exp. (189 salaries)	₹4.5 L/yr - ₹7.4 L/yr 105% more
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Care Health Insurance Senior Relationship Manager Salary 1 - 8 years exp. (151 salaries)	₹1.8 L/yr - ₹5.3 L/yr 13% more	1 job opening
Star Health & Allied Insurance Senior Relationship Manager Salary 2 - 10 years exp. (40 salaries)	₹2.7 L/yr - ₹4.6 L/yr 18% more
Bajaj Allianz General Insurance Senior Relationship Manager Salary 2 - 10 years exp. (35 salaries)	₹2.6 L/yr - ₹7 L/yr 58% more	3 job openings
Shriram Life Insurance Senior Relationship Manager Salary 1 - 6 years exp. (18 salaries)	₹2.1 L/yr - ₹8.6 L/yr 58% more
HDFC Ergo General Insurance Senior Relationship Manager Salary 1 - 6 years exp. (10 salaries)	₹2.6 L/yr - ₹3.6 L/yr 4% more
Cholamandalam MS General Insurance Senior Relationship Manager Salary 3 - 12 years exp. (13 salaries)	₹3 L/yr - ₹5.7 L/yr 49% more
Aditya Birla Health Insurance Co Senior Relationship Manager Salary 2 - 9 years exp. (11 salaries)	₹3.8 L/yr - ₹11.7 L/yr 135% more
Aditya Birla Insurance Brokers Senior Relationship Manager Salary 1 - 15 years exp. (4 salaries)	₹2.8 L/yr - ₹5 L/yr 37% more

Senior Relationship Manager salary at Life Insurance Corporation of India ranges between ₹2.4 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 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: 5 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹5 L/yr
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3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹5.4 L/yr
4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr

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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.

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Life Insurance Corporation of India Senior Relationship Manager Salary FAQs

What is the salary of Senior Relationship Manager at Life Insurance Corporation of India?

Senior Relationship Manager salary at Life Insurance Corporation of India in India ranges between ₹2.4 Lakhs to ₹4.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 47% less than the average Senior Relationship Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Life Insurance Corporation of India India.

How does the salary of a Senior Relationship Manager at Life Insurance Corporation of India India compare with the average salary range for this job?

The average salary of a Senior Relationship Manager at Life Insurance Corporation of India is 47% less than the average salary of a Senior Relationship Manager 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 Relationship Manager in India?

Aditya Birla Health Insurance Co Senior Relationship Manager Salary - ₹3.8 Lakhs to ₹11.7 Lakhs per year
Max Life Insurance Senior Relationship Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
ICICI Lombard General Insurance Company Senior Relationship Manager Salary - ₹4.5 Lakhs to ₹7.4 Lakhs per year
PNB MetLife Senior Relationship Manager Salary - ₹3.1 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz General Insurance Senior Relationship Manager Salary - ₹2.6 Lakhs to ₹7.0 Lakhs per year

What is the salary of a Senior Relationship Manager in companies similar to Life Insurance Corporation of India in India?

Shriram Life Insurance Senior Relationship Manager Salary - ₹2.1 Lakhs to ₹8.6 Lakhs per year
Tata AIA Life Insurance Senior Relationship Manager Salary - ₹2.7 Lakhs to ₹6.0 Lakhs per year
Kotak Mahindara Life Insurance Senior Relationship Manager Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
Cholamandalam MS General Insurance Senior Relationship Manager Salary - ₹3.0 Lakhs to ₹5.7 Lakhs per year
SBI Life Insurance Company Senior Relationship Manager Salary - ₹3.3 Lakhs to ₹5.5 Lakhs per year

What is the estimated take home salary of a Senior Relationship Manager at Life Insurance Corporation of India in India?

The estimated take-home salary of a Senior Relationship Manager at Life Insurance Corporation of India ranges between ₹20,562 per month to ₹22,217 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Senior Relationship Manager salary in India which ranges between ₹2.4 Lakhs to ₹4.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

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

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

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Life Insurance Corporation of India Senior Relationship Manager Salaries by Location

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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 ₹2.4 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 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

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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Life Insurance Corporation of India Senior Relationship Manager Salaries by Location