Life Insurance Corporation of India Senior Sales Manager Salaries by 2 Employees

7 - 8 years exp.

₹5.7 Lakhs - ₹7.3 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 28 Feb 2024

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

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Senior Sales Manager Salary 2 - 10 years exp. (208 salaries)	₹3 L/yr - ₹6 L/yr 26% less
Bajaj Allianz General Insurance Senior Sales Manager Salary 4 - 11 years exp. (221 salaries)	₹3 L/yr - ₹8.2 L/yr 18% less	23 job openings
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Bajaj Allianz Life Insurance Senior Sales Manager Salary 0 - 8 years exp. (158 salaries)	₹2.4 L/yr - ₹4.5 L/yr 52% less	6 job openings
ICICI Lombard General Insurance Company Senior Sales Manager Salary 4 - 17 years exp. (144 salaries)	₹4.5 L/yr - ₹16 L/yr 36% more
HDFC Life Senior Sales Manager Salary 4 - 14 years exp. (224 salaries)	₹2.3 L/yr - ₹8 L/yr 2% less	1 job opening
Aditya Birla Sun Life Insurance Senior Sales Manager Salary 0 - 12 years exp. (75 salaries)	₹2 L/yr - ₹10.7 L/yr 10% less
Kotak Mahindara Life Insurance Senior Sales Manager Salary 1 - 11 years exp. (64 salaries)	₹3 L/yr - ₹6.8 L/yr 25% less
Star Health & Allied Insurance Senior Sales Manager Salary 3 - 15 years exp. (70 salaries)	₹2.9 L/yr - ₹10.2 L/yr 18% more
Reliance Nippon Life Insurance Senior Sales Manager Salary 1 - 9 years exp. (56 salaries)	₹2.3 L/yr - ₹5 L/yr 51% less
ICICI Prudential Life Insurance Senior Sales Manager Salary 0 - 10 years exp. (33 salaries)	₹3.3 L/yr - ₹8.1 L/yr 34% less
Tata AIA Life Insurance Senior Sales Manager Salary 4 - 11 years exp. (30 salaries)	₹3.5 L/yr - ₹9 L/yr 7% less
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Axis Max Life Insurance Senior Sales Manager Salary 5 - 13 years exp. (17 salaries)	₹4.4 L/yr - ₹7.5 L/yr 16% less
HDFC Ergo General Insurance Senior Sales Manager Salary 4 - 10 years exp. (15 salaries)	₹3.6 L/yr - ₹9.5 L/yr 29% less
Cholamandalam MS General Insurance Senior Sales Manager Salary 1 - 8 years exp. (13 salaries)	₹3.5 L/yr - ₹5.6 L/yr 34% less
Shriram Life Insurance Senior Sales Manager Salary 2 - 16 years exp. (7 salaries)	₹2.5 L/yr - ₹8 L/yr 26% less
SBI Life Insurance Company Senior Sales Manager Salary 9 - 16 years exp. (4 salaries)	₹3.4 L/yr - ₹4.5 L/yr 36% less

Senior Sales Manager salary at Life Insurance Corporation of India ranges between ₹5.7 Lakhs to ₹7.3 Lakhs per year for employees with experience between 7 years to 8 years. Salary estimates are based on 2 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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(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

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₹2 L/yr - ₹4 L/yr

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₹12 L/yr - ₹34.94 L/yr

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Assistant Sales Manager Salary

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₹3.3 L/yr - ₹13 L/yr

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₹18 L/yr - ₹23 L/yr

Senior Sales Executive Salary

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₹2.1 L/yr - ₹6 L/yr

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₹9.65 L/yr - ₹31 L/yr

Area Manager Salary

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₹7.5 L/yr - ₹10 L/yr

Salary related reviews for Life Insurance Corporation of India

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Life Insurance Corporation of India Senior Sales Manager Salary FAQs

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

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

Experience	Average Salary Range
7 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
8 years	₹6.0 Lakhs to ₹7.7 Lakhs per year

and so on.

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Life Insurance Corporation of India Senior Sales Manager Salaries

Life Insurance Corporation of India Senior Sales Manager salary in India ranges between ₹5.7 Lakhs to ₹7.3 Lakhs. This is an estimate based on latest salaries received from employees of Life Insurance Corporation of India.

Life Insurance Corporation of India Senior Sales Manager salaries in India

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

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 Sales Manager Salary FAQs

Tell us how to improve this page.