Life Insurance Corporation of India Team Lead Salaries by 10+ Employees

0 - 7 years exp.

₹1.4 Lakh - ₹4 Lakhs

Salary of majority employees

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66% less than the average Team Lead Salary in Insurance Companies for 0 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations Team Lead Salary 0 - 3 years exp. (6 salaries)	Unlock ₹1.9 L/yr - ₹3 L/yr
Sales & Business Development Team Lead Salary 3 - 4 years exp. (3 salaries)	Unlock ₹3.4 L/yr - ₹3.5 L/yr
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BFSI, Investments & Trading Team Lead Salary 1 - 7 years exp. (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹3 L/yr

Last Updated: 31 Jul 2024

Companies similar to Life Insurance Corporation of India for Team Lead

Company name	Avg Annual Salary	Open Jobs
HDFC Life Team Lead Salary 0 - 8 years exp. (58 salaries)	Unlock ₹1.4 L/yr - ₹8.5 L/yr 24% more
ICICI Prudential Life Insurance Team Lead Salary 0 - 6 years exp. (23 salaries)	Unlock ₹1.5 L/yr - ₹8.8 L/yr 39% more
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SBI Life Insurance Company Team Lead Salary 1 - 10 years exp. (15 salaries)	Unlock ₹2.3 L/yr - ₹6 L/yr 23% more
Axis Max Life Insurance Team Lead Salary 0 - 8 years exp. (21 salaries)	Unlock ₹2.6 L/yr - ₹9 L/yr 37% more
Bajaj Allianz Life Insurance Team Lead Salary 0 - 12 years exp. (55 salaries)	Unlock ₹1.8 L/yr - ₹8.6 L/yr 44% more
Kotak Mahindara Life Insurance Team Lead Salary 2 - 10 years exp. (34 salaries)	Unlock ₹1.2 L/yr - ₹7 L/yr 25% more
Reliance Nippon Life Insurance Team Lead Salary 0 - 11 years exp. (43 salaries)	Unlock ₹2.4 L/yr - ₹4.6 L/yr 17% more
Tata AIA Life Insurance Team Lead Salary 0 - 15 years exp. (35 salaries)	Unlock ₹2 L/yr - ₹9 L/yr 68% more
PNB MetLife Team Lead Salary 1 - 9 years exp. (10 salaries)	Unlock ₹1.2 L/yr - ₹6.5 L/yr 24% more
Aditya Birla Sun Life Insurance Team Lead Salary 0 - 4 years exp. (6 salaries)	Unlock ₹5.1 L/yr - ₹7 L/yr 76% more
Star Health & Allied Insurance Team Lead Salary 1 - 10 years exp. (133 salaries)	Unlock ₹1.6 L/yr - ₹6.1 L/yr 31% more	1 job opening
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ICICI Lombard General Insurance Company Team Lead Salary 1 - 11 years exp. (127 salaries)	Unlock ₹1.1 L/yr - ₹8.5 L/yr 25% more	1 job opening
Bajaj Allianz General Insurance Team Lead Salary 0 - 12 years exp. (83 salaries)	Unlock ₹1.9 L/yr - ₹9 L/yr 52% more
Allianz Partners Team Lead Salary 4 - 7 years exp. (44 salaries)	Unlock ₹3.8 L/yr - ₹8 L/yr 98% more
HDFC Ergo General Insurance Team Lead Salary 2 - 11 years exp. (43 salaries)	Unlock ₹2.5 L/yr - ₹5.4 L/yr 63% more
Shriram Life Insurance Team Lead Salary 2 - 6 years exp. (37 salaries)	Unlock ₹2.4 L/yr - ₹5.5 L/yr 32% more
Cholamandalam MS General Insurance Team Lead Salary 3 - 17 years exp. (35 salaries)	Unlock ₹2.8 L/yr - ₹9.5 L/yr 83% more
Principal Global Services Team Lead Salary 3 - 13 years exp. (18 salaries)	Unlock ₹10.7 L/yr - ₹23.4 L/yr 364% more
Aditya Birla Health Insurance Co Team Lead Salary 2 - 7 years exp. (14 salaries)	Unlock ₹4 L/yr - ₹7.4 L/yr 67% more
Gallagher Team Lead Salary 8 - 15 years exp. (10 salaries)	Unlock ₹4.3 L/yr - ₹18 L/yr 243% more

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Team Lead salary at Life Insurance Corporation of India ranges between ₹1.4 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 17 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Team Lead

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Experience wise Life Insurance Corporation of India Team Lead salaries

Last Updated: 31 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹1.9 L/yr - ₹4.8 L/yr
1 year (4 salaries)	Unlock ₹2 L/yr - ₹3 L/yr
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2 years (4 salaries)	Unlock ₹1.9 L/yr - ₹4 L/yr
3 years (4 salaries)	Unlock ₹1.4 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹1.2 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹3.6 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹5.8 L/yr

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Similar Designation salaries in Life Insurance Corporation of India

Team Manager Salary

(AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.8 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

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₹0.2 L/yr - ₹0.2 L/yr

Supervisor Salary

(AmbitionBox Estimate)

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₹1.4 L/yr - ₹1.8 L/yr

Branch Manager Salary

(14 salaries)

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₹15.31 L/yr - ₹28 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr

Deputy Manager Salary

(5 salaries)

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₹2.35 L/yr - ₹9.28 L/yr

Senior Associate Salary

(4 salaries)

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₹2.5 L/yr - ₹6 L/yr

Team Lead And Incharge Salary

(AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr

Operations Manager Salary

(4 salaries)

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₹2 L/yr - ₹4.5 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

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₹1.4 L/yr - ₹1.8 L/yr

Salary related reviews for Life Insurance Corporation of India

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

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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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Sales & Business Development Department

5.0

• posted on 21 Sep 2023

3.0

for Salary and Benefits

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Job Performing Flexibility.

Job security - Excellent

+3 more

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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

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.

Development Officer in Birbhum

Full Time

Sales & Business Development Department

3.0

• posted on 31 Oct 2022

4.0

for Salary and Benefits

Likes

Daispora of LICI. Salary and Perks. Free to work.

Salary - Good

+1 more

Dislikes

No job security at ADO/PDO post. Work life balance (what is it ?). Forget about help from colleague. If you are from sound and wealthy background just dive in.

Job security - Bad

+4 more

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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... read more

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Life Insurance Corporation of India Team Lead Salary FAQs

What is the salary of Team Lead at Life Insurance Corporation of India?

Team Lead salary at Life Insurance Corporation of India in India ranges between ₹1.4 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 66% less than the average Team Lead Salary in India. Salary estimates are based on 17 latest salaries received from various employees of Life Insurance Corporation of India India.

How does the salary of a Team Lead at Life Insurance Corporation of India India compare with the average salary range for this job?

The average salary of a Team Lead at Life Insurance Corporation of India is 66% less than the average salary of a Team Lead in India. To know exact salary insights, login to view.

Which similar companies are paying more than Life Insurance Corporation of India to a Team Lead in India?

AXA Team Lead Salary - ₹7.9 Lakhs to ₹18.3 Lakhs per year
AIG Team Lead Salary - ₹5.9 Lakhs to ₹21.0 Lakhs per year
Principal Global Services Team Lead Salary - ₹10.7 Lakhs to ₹23.4 Lakhs per year
Allianz Team Lead Salary - ₹5.8 Lakhs to ₹22.5 Lakhs per year
Gallagher Team Lead Salary - ₹4.3 Lakhs to ₹18.0 Lakhs per year

What is the salary of a Team Lead in companies similar to Life Insurance Corporation of India in India?

Allianz Partners Team Lead Salary - ₹3.8 Lakhs to ₹8.0 Lakhs per year
Cholamandalam MS General Insurance Team Lead Salary - ₹2.8 Lakhs to ₹9.5 Lakhs per year
Aditya Birla Sun Life Insurance Team Lead Salary - ₹5.1 Lakhs to ₹7.0 Lakhs per year
Tata AIA Life Insurance Team Lead Salary - ₹2.0 Lakhs to ₹9.0 Lakhs per year
Aditya Birla Health Insurance Co Team Lead Salary - ₹4.0 Lakhs to ₹7.4 Lakhs per year

What is the estimated take home salary of a Team Lead at Life Insurance Corporation of India in India?

The estimated take-home salary of a Team Lead at Life Insurance Corporation of India ranges between ₹21,148 per month to ₹22,794 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Team Lead salary in India which ranges between ₹1.4 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for Team Lead at Life Insurance Corporation of India?

According to AmbitionBox, 57% of the Life Insurance Corporation of India Team Leads reported a notice period of 15 days or less, 43% reported a notice period of 1 Month.This is based on 14 responses on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Team Lead Salaries

Life Insurance Corporation of India Team Lead salary in India ranges between ₹1.4 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.