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4.4

based on 1.8k Reviews

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Life Insurance Corporation of India Team Lead salaries in Mumbai

Annual salary range
1 - 3 years exp.
₹1.4 Lakh - ₹2.9 Lakhs
Salary of majority employees
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71% less than the average Team Lead Salary in Insurance Companies for 1 - 3 years of experience

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Last Updated: 2 Aug 2023

Companies similar to Life Insurance Corporation of India for Team Lead in Mumbai

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Life Insurance Corporation of India Team Lead Salary

1 - 3 years exp. (4 salaries)

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₹1.4 L/yr - ₹2.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Team Lead Salary

7 - 8 years exp. (4 salaries)

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₹4 L/yr - ₹7 L/yr

arrow icon 81% more
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₹2.8 L/yr - ₹8.8 L/yr

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SBI Life Insurance Company Team Lead Salary

3 - 9 years exp. (5 salaries)

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₹2.9 L/yr - ₹4.8 L/yr

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₹2.4 L/yr - ₹6 L/yr

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₹2.5 L/yr - ₹4.6 L/yr

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₹1.1 L/yr - ₹8.2 L/yr

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HDFC Ergo General Insurance Team Lead Salary

2 - 11 years exp. (20 salaries)

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₹2.9 L/yr - ₹5 L/yr

arrow icon 89% more
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₹2.1 L/yr - ₹6 L/yr

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Care Health Insurance Team Lead Salary

6 - 9 years exp. (4 salaries)

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₹4.5 L/yr - ₹7 L/yr

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₹4 L/yr - ₹6.5 L/yr

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₹3.1 L/yr - ₹4.5 L/yr

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Team Lead salary at Life Insurance Corporation of India ranges between ₹1.4 Lakh to ₹2.9 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India.

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

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Experience wise Life Insurance Corporation of India Team Lead salaries in Mumbai

Last Updated: 2 Aug 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.1 L/yr - ₹4.2 L/yr
2 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹4.4 L/yr
3 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹4.5 L/yr

Similar Designation salaries in Life Insurance Corporation of India

Branch Manager Salary
(3 salaries)
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₹14.77 L/yr - ₹24 L/yr

Salary related reviews for Life Insurance Corporation of India

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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

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Dislikes

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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Sales & Business Development Department

5.0
  •  posted on 21 Sep 2023

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 for  Salary and Benefits

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Job Performing Flexibility.

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

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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.

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 · 

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.

read 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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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.

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.

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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 Mumbai?
Team Lead salary at Life Insurance Corporation of India in Mumbai ranges between ₹1.4 Lakhs to ₹2.9 Lakhs for experience between 1 years to 3 years. According to our estimates it is 71% less than the average Team Lead Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India Mumbai.
How does the salary of a Team Lead at Life Insurance Corporation of India Mumbai compare with the average salary range for this job?
The average salary of a Team Lead at Life Insurance Corporation of India is 71% less than the average salary of a Team Lead in Mumbai. 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 Mumbai?
  • Care Health Insurance Team Lead Salary - ₹4.5 Lakhs to ₹7.0 Lakhs per year
  • Aditya Birla Health Insurance Co Team Lead Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year
  • HDFC Ergo General Insurance Team Lead Salary - ₹2.9 Lakhs to ₹5.0 Lakhs per year
  • Bajaj Allianz General Insurance Team Lead Salary - ₹2.1 Lakhs to ₹6.0 Lakhs per year
  • HDFC Life Team Lead Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Team Lead in companies similar to Life Insurance Corporation of India in Mumbai?
  • ICICI Prudential Life Insurance Team Lead Salary - ₹2.8 Lakhs to ₹8.8 Lakhs per year
  • Kotak Mahindara Life Insurance Team Lead Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
  • Star Health & Allied Insurance Team Lead Salary - ₹3.1 Lakhs to ₹4.5 Lakhs per year
  • ICICI Lombard General Insurance Company Team Lead Salary - ₹1.1 Lakhs to ₹8.2 Lakhs per year
  • Reliance Nippon Life Insurance Team Lead Salary - ₹2.5 Lakhs to ₹4.6 Lakhs per year
What is the estimated take home salary of a Team Lead at Life Insurance Corporation of India in Mumbai?
The estimated take-home salary of a Team Lead at Life Insurance Corporation of India ranges between ₹18,035 per month to ₹19,728 per month in Mumbai. 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 ₹2.9 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?
What is the notice period for Team Lead at Life Insurance Corporation of India in Mumbai?
According to AmbitionBox, 100% of the Life Insurance Corporation of India Team Leads in Mumbai reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Life Insurance Corporation of India Team Lead salary in Mumbai ranges between ₹1.4 Lakh to ₹2.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.