Monthly In-hand Salary
5% more than the average Territory Manager Salary in Insurance Companies for 7 - 15 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Territory Manager Salary
8 - 15
years
exp.
(4
salaries)
|  ₹4.2 L/yr - ₹11.5 L/yr |
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| |
Sales & Business Development
Territory Manager Salary
7
years
exp.
(AmbitionBox Estimate)
| ₹3.6 L/yr - ₹4.4 L/yr |
Companies similar to Life Insurance Corporation of India for Territory Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Bajaj Allianz Life Insurance Territory Manager Salary
4 - 23 years exp. (230 salaries) | ₹3.7 L/yr - ₹8.5 L/yr 
18%
less | 3 job openings |
 Bajaj Allianz General Insurance Territory Manager Salary
2 - 14 years exp. (165 salaries) | ₹2.6 L/yr - ₹7 L/yr
36%
less | |
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| ||
 HDFC Life Territory Manager Salary
9 - 20 years exp. (150 salaries) | ₹11.3 L/yr - ₹21 L/yr 
86%
more | |
 SBI Life Insurance Company Territory Manager Salary
4 - 16 years exp. (110 salaries) | ₹4 L/yr - ₹7.1 L/yr
30%
less | |
 Reliance Nippon Life Insurance Territory Manager Salary
5 - 17 years exp. (100 salaries) | ₹4 L/yr - ₹12 L/yr
10%
less | |
 Tata AIA Life Insurance Territory Manager Salary
5 - 10 years exp. (57 salaries) | ₹5.2 L/yr - ₹10.5 L/yr
1%
less | |
 Cholamandalam MS General Insurance Territory Manager Salary
10 - 15 years exp. (48 salaries) | ₹4.6 L/yr - ₹11 L/yr At par | |
 ICICI Lombard General Insurance Company Territory Manager Salary
1 - 15 years exp. (42 salaries) | ₹5.6 L/yr - ₹14 L/yr
15%
more | |
 Star Health & Allied Insurance Territory Manager Salary
10 - 20 years exp. (42 salaries) | ₹7.2 L/yr - ₹17 L/yr
69%
more | |
 Axis Max Life Insurance Territory Manager Salary
10 - 18 years exp. (39 salaries) | ₹7.5 L/yr - ₹19 L/yr
69%
more | |
 HDFC Ergo General Insurance Territory Manager Salary
5 - 18 years exp. (18 salaries) | ₹4 L/yr - ₹10 L/yr
12%
less | |
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| ||
 Aditya Birla Sun Life Insurance Territory Manager Salary
2 - 13 years exp. (11 salaries) | ₹6 L/yr - ₹9 L/yr
13%
less | |
 Shriram Life Insurance Territory Manager Salary
3 - 10 years exp. (9 salaries) | ₹3 L/yr - ₹7.2 L/yr
43%
less | |
 ICICI Prudential Life Insurance Territory Manager Salary
7 - 9 years exp. (4 salaries) | ₹5.5 L/yr - ₹6.2 L/yr
27%
less | |
 Aditya Birla Insurance Brokers Territory Manager Salary
6 - 14 years exp. (4 salaries) | ₹5 L/yr - ₹8 L/yr
16%
less | |
 Allianz Partners Territory Manager Salary
4 - 6 years exp. (3 salaries) | ₹4 L/yr - ₹4.1 L/yr
49%
less | |
Latest annual salaries shared by Life Insurance Corporation of India Territory Manager
Experience wise Life Insurance Corporation of India Territory Manager salaries
Last Updated: 16 Mar 2023
| Experience | Avg Annual Salary |
|---|---|
| 7 years (AmbitionBox Estimate) |
₹3.6
L/yr
- ₹4.7
L/yr
|
| 8 years (AmbitionBox Estimate) |
₹4.5
L/yr
- ₹5.8
L/yr
|
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| |
| 9 years (AmbitionBox Estimate) |
₹5.4
L/yr
- ₹6.9
L/yr
|
| 10 years (AmbitionBox Estimate) |
₹6.3
L/yr
- ₹8
L/yr
|
| 11 years (AmbitionBox Estimate) |
₹7.1
L/yr
- ₹9.1
L/yr
|
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Life Insurance Corporation of India Territory Manager Salary FAQs
The top 10% of Territory Manager at Life Insurance Corporation of India earn more than ₹11.4 Lakhs per year, and the top 1% earn over ₹11.5 Lakhs per year. Territory Manager Salaries at Life Insurance Corporation of India can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.
These estimates are based on salary data submitted by 6 Life Insurance Corporation of India employees in India.
| HDFC Life | ₹11.3 Lakhs to ₹21.0 Lakhs per year |
| Axis Max Life Insurance | ₹7.5 Lakhs to ₹19.0 Lakhs per year |
| Star Health & Allied Insurance | ₹7.2 Lakhs to ₹17.0 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹5.6 Lakhs to ₹14.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Life Insurance Corporation of India, depending on the role and experience level.
| Cholamandalam MS General Insurance | ₹4.6 Lakhs to ₹11.0 Lakhs per year |
| Tata AIA Life Insurance | ₹5.2 Lakhs to ₹10.5 Lakhs per year |
| Reliance Nippon Life Insurance | ₹4.0 Lakhs to ₹12.0 Lakhs per year |
| HDFC Ergo General Insurance | ₹4.0 Lakhs to ₹10.0 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹6.0 Lakhs to ₹9.0 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Experience | Average Salary Range |
|---|---|
| 7 years | ₹3.6 Lakhs to ₹4.7 Lakhs per year |
| 8 years | ₹4.5 Lakhs to ₹5.8 Lakhs per year |
| 9 years | ₹5.4 Lakhs to ₹6.9 Lakhs per year |
| 10 years | ₹6.3 Lakhs to ₹8.0 Lakhs per year |
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Life Insurance Corporation of India Territory Manager Salaries by Location
- Life Insurance Corporation of India Territory Manager salaries in Varanasi
- Life Insurance Corporation of India Territory Manager salaries in Mumbai
- Life Insurance Corporation of India Territory Manager salaries in Chiplun
- Life Insurance Corporation of India Territory Manager salaries in New Delhi
- Life Insurance Corporation of India Territory Manager salaries in Bhubaneswar
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- Life Insurance Corporation of India Territory Manager Salaries
Life Insurance Corporation of India Territory Manager salary
in
India
ranges between ₹4
Lakhs to ₹11.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
6
Life Insurance Corporation of India latest salaries received from various employees of
Life Insurance Corporation of India.