Life Insurance Corporation of India Territory Sales Manager Salaries by Employees

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₹5.4 Lakhs - ₹6.9 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 22 Dec 2024

Companies similar to Life Insurance Corporation of India for Territory Sales Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Territory Sales Manager Salary 5 - 14 years exp. (408 salaries)	₹3.8 L/yr - ₹11 L/yr 27% more	2 job openings
Bajaj Allianz General Insurance Territory Sales Manager Salary 2 - 13 years exp. (31 salaries)	₹2.6 L/yr - ₹6.5 L/yr 23% less
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ICICI Lombard General Insurance Company Territory Sales Manager Salary 0 - 10 years exp. (21 salaries)	₹4.5 L/yr - ₹13 L/yr 20% more
HDFC Ergo General Insurance Territory Sales Manager Salary 1 - 16 years exp. (17 salaries)	₹4 L/yr - ₹7.2 L/yr 13% less
HDFC Life Territory Sales Manager Salary 2 - 21 years exp. (16 salaries)	₹3.9 L/yr - ₹16 L/yr 59% more
SBI Life Insurance Company Territory Sales Manager Salary 5 - 16 years exp. (9 salaries)	₹5.2 L/yr - ₹6 L/yr 12% less
Bajaj Allianz Life Insurance Territory Sales Manager Salary 5 - 15 years exp. (9 salaries)	₹4.9 L/yr - ₹9.1 L/yr 7% more	1 job opening
Aditya Birla Health Insurance Co Territory Sales Manager Salary 9 - 13 years exp. (5 salaries)	₹9.3 L/yr - ₹12.5 L/yr 86% more
ICICI Prudential Life Insurance Territory Sales Manager Salary 3 - 10 years exp. (4 salaries)	₹5 L/yr - ₹10.9 L/yr 2% more
Reliance Nippon Life Insurance Territory Sales Manager Salary 12 - 16 years exp. (4 salaries)	₹6.5 L/yr - ₹7 L/yr 11% more
Aditya Birla Sun Life Insurance Territory Sales Manager Salary 7 years exp. (3 salaries)	₹7 L/yr - ₹10 L/yr 32% more
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Kotak Mahindara Life Insurance Territory Sales Manager Salary 6 - 20 years exp. (4 salaries)	₹4.8 L/yr - ₹18 L/yr 35% more
Star Health & Allied Insurance Territory Sales Manager Salary 7 - 17 years exp. (3 salaries)	₹9 L/yr - ₹13.8 L/yr 122% more

Territory Sales Manager salary at Life Insurance Corporation of India ranges between ₹5.4 Lakhs to ₹6.9 Lakhs per year for employees with 13 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Life Insurance Corporation of India.

Similar Designation salaries in Life Insurance Corporation of India

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Territory Manager Salary

(6 salaries)

₹4 L/yr - ₹11.5 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹3.3 L/yr - ₹13 L/yr

Area Sales Manager Salary

(4 salaries)

₹2 L/yr - ₹4 L/yr

Senior Sales Officer Salary

(4 salaries)

₹1.8 L/yr - ₹3 L/yr

Sales Manager Salary

(12 salaries)

₹3.6 L/yr - ₹6.5 L/yr

Deputy Manager Salary

(5 salaries)

₹2.35 L/yr - ₹9.28 L/yr

Area Manager Salary

(4 salaries)

₹7.5 L/yr - ₹10 L/yr

Relationship Manager Salary

(6 salaries)

₹2.15 L/yr - ₹5 L/yr

Senior Territory Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹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

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

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Development Officer in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

5.0

• posted on 21 Sep 2023

3.0

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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.

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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Life Insurance Corporation of India Territory Sales Manager Salary FAQs

How the salary growth look like for a Territory Sales Manager at Life Insurance Corporation of India in India?

The salary growth for a Territory Sales Manager at Life Insurance Corporation of India depends on factors such as experience, performance, and promotions. On average, a Territory Sales Manager can expect the following growth trajectory at Life Insurance Corporation of India:

Experience	Average Salary Range
13 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Life Insurance Corporation of India Territory Sales Manager Salaries

Life Insurance Corporation of India Territory Sales Manager salary in India ranges between ₹5.4 Lakhs to ₹6.9 Lakhs. This is an estimate based on latest salaries received from employees of Life Insurance Corporation of India.