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

Interested in this particular role?

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	24 job openings
Login to view exact salary
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	2 job openings
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
Login to view exact salary
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

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Area Sales Manager Salary

(4 salaries)

₹2 L/yr - ₹4 L/yr

Regional Manager Salary

(5 salaries)

₹12 L/yr - ₹34.94 L/yr

Sales Manager Salary

(12 salaries)

₹3.6 L/yr - ₹6.5 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹3.3 L/yr - ₹13 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Senior Sales Executive Salary

(6 salaries)

₹2.1 L/yr - ₹6 L/yr

Branch Manager Salary

(15 salaries)

₹9.65 L/yr - ₹31 L/yr

Area Manager Salary

(4 salaries)

₹7.5 L/yr - ₹10 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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

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?

Got a question about Life Insurance Corporation of India?

Ask anonymously on communities.

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.

Tell us how to improve this page.

Home >
Salaries >
Life Insurance Corporation of India Salaries >
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.