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
Bajaj Allianz General Insurance Senior Sales Manager Salary 4 - 11 years exp. (226 salaries)	₹3 L/yr - ₹8.2 L/yr 18% less	21 job openings
HDFC Life Senior Sales Manager Salary 4 - 14 years exp. (220 salaries)	₹2.8 L/yr - ₹8 L/yr 3% less	1 job opening
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Aditya Birla Health Insurance Co Senior Sales Manager Salary 2 - 10 years exp. (208 salaries)	₹3 L/yr - ₹6.6 L/yr 26% less
Bajaj Allianz Life Insurance Senior Sales Manager Salary 0 - 8 years exp. (159 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
Aditya Birla Sun Life Insurance Senior Sales Manager Salary 0 - 12 years exp. (75 salaries)	₹2 L/yr - ₹10.7 L/yr 10% less
Star Health & Allied Insurance Senior Sales Manager Salary 3 - 15 years exp. (70 salaries)	₹2.5 L/yr - ₹10.2 L/yr 8% more
Kotak Mahindara Life Insurance Senior Sales Manager Salary 1 - 11 years exp. (64 salaries)	₹3 L/yr - ₹6.8 L/yr 25% less
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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Salary related reviews for Life Insurance Corporation of India

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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

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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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There is a heavy workload of getting policies and sales which is very tough to get popicies on dailg basis to achieve target.

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Development Officer in Hyderabad / Secunderabad

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• posted on 21 Sep 2023

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Job Performing Flexibility.

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...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

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Development Officer in Mumbai

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1.0

• posted on 20 Feb 2023

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Good company in terms of the pay and benefits, but at a heavy price.

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All the rules and restrictions/punishment are imposed only on class 2 officers of the organisation. Targets are imposed only on development officers.

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Insurance Adviser in Suryapet

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...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.

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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 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 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.