Life Insurance Corporation of India Senior Sales Manager Salaries by 2 Employees (Updated 2025)

7 - 8 years exp.

₹5.7 Lakhs - ₹7.3 Lakhs

Low Confidence

Salary of majority employees

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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
HDFC Life Senior Sales Manager Salary 4 - 13 years exp. (217 salaries)	₹2.3 L/yr - ₹8 L/yr 4% less	1 job opening
ICICI Prudential Life Insurance Senior Sales Manager Salary 0 - 10 years exp. (32 salaries)	₹3.3 L/yr - ₹8.1 L/yr 31% less
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SBI Life Insurance Company Senior Sales Manager Salary 9 - 16 years exp. (4 salaries)	₹3.4 L/yr - ₹4.5 L/yr 36% less
Max Life Insurance Senior Sales Manager Salary 4 - 13 years exp. (19 salaries)	₹4.4 L/yr - ₹7.5 L/yr 17% less
Bajaj Allianz Life Insurance Senior Sales Manager Salary 0 - 8 years exp. (157 salaries)	₹2.4 L/yr - ₹4.5 L/yr 51% less	2 job openings
Kotak Mahindara Life Insurance Senior Sales Manager Salary 1 - 11 years exp. (60 salaries)	₹3 L/yr - ₹6.8 L/yr 24% less
Reliance Nippon Life Insurance Senior Sales Manager Salary 1 - 10 years exp. (58 salaries)	₹2.3 L/yr - ₹5 L/yr 51% less
Tata AIA Life Insurance Senior Sales Manager Salary 4 - 11 years exp. (30 salaries)	₹3.5 L/yr - ₹9 L/yr 7% less
PNB MetLife Senior Sales Manager Salary 2 - 12 years exp. (63 salaries)	₹3 L/yr - ₹5.7 L/yr 33% less
Aditya Birla Sun Life Insurance Senior Sales Manager Salary 0 - 12 years exp. (76 salaries)	₹2 L/yr - ₹10.7 L/yr 10% less
Aditya Birla Health Insurance Co Senior Sales Manager Salary 2 - 10 years exp. (295 salaries)	₹3.3 L/yr - ₹6.3 L/yr 26% less
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Bajaj Allianz General Insurance Senior Sales Manager Salary 4 - 11 years exp. (233 salaries)	₹3 L/yr - ₹9 L/yr 18% less	25 job openings
ICICI Lombard General Insurance Company Senior Sales Manager Salary 4 - 17 years exp. (142 salaries)	₹3.5 L/yr - ₹14.5 L/yr 34% more
Star Health & Allied Insurance Senior Sales Manager Salary 5 - 15 years exp. (61 salaries)	₹2.9 L/yr - ₹10.2 L/yr 3% more
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

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

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₹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

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₹2 L/yr - ₹4 L/yr

Regional Manager Salary

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₹12 L/yr - ₹34.94 L/yr

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₹2 L/yr - ₹6.5 L/yr

Assistant Sales Manager Salary

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₹3.3 L/yr - ₹13 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Senior Sales Executive Salary

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₹2.1 L/yr - ₹6 L/yr

Branch Manager Salary

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₹15.31 L/yr - ₹28 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

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

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

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5.0

• posted on 19 Jul 2024

5.0

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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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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Life Insurance Corporation of India Senior Sales Manager Salary FAQs

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

According to AmbitionBox, 50% of the Life Insurance Corporation of India Senior Sales Managers reported a notice period of 3 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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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.