Life Insurance Corporation of India Unit Manager Salaries by 4 Employees (Updated 2025)

1 - 27 years exp.

₹1.8 Lakh - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

Unlock

43% less than the average Unit Manager Salary in Insurance Companies for 1 - 27 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Unit Manager Salary 1 - 27 years exp. (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹5.5 L/yr
Login to view exact salary
Sales & Business Development Unit Manager Salary 2 - 19 years exp. (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹4.5 L/yr

Last Updated: 6 Feb 2025

Companies similar to Life Insurance Corporation of India for Unit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Unit Manager Salary 1 - 12 years exp. (5 salaries)	Unlock ₹2.1 L/yr - ₹3 L/yr 23% less
ICICI Prudential Life Insurance Unit Manager Salary 0 - 5 years exp. (548 salaries)	Unlock ₹1.1 L/yr - ₹4.5 L/yr 11% less	36 job openings
Login to view exact salary
SBI Life Insurance Company Unit Manager Salary 0 - 10 years exp. (117 salaries)	Unlock ₹2 L/yr - ₹4.3 L/yr 20% less
Max Life Insurance Unit Manager Salary 1 - 12 years exp. (4 salaries)	Unlock ₹3.5 L/yr - ₹11.5 L/yr 107% more
Bajaj Allianz Life Insurance Unit Manager Salary 0 - 10 years exp. (5 salaries)	Unlock ₹2.5 L/yr - ₹5.5 L/yr 25% more
Kotak Mahindara Life Insurance Unit Manager Salary 4 - 7 years exp. (4 salaries)	Unlock ₹3.2 L/yr - ₹6.5 L/yr 57% more
Tata AIA Life Insurance Unit Manager Salary 0 - 6 years exp. (4 salaries)	Unlock ₹2 L/yr - ₹6.8 L/yr 2% less
PNB MetLife Unit Manager Salary 1 - 5 years exp. (3 salaries)	Unlock ₹2.1 L/yr - ₹3.8 L/yr 10% less
ICICI Lombard General Insurance Company Unit Manager Salary 1 - 9 years exp. (109 salaries)	Unlock ₹3 L/yr - ₹7 L/yr 47% more
Aditya Birla Health Insurance Co Unit Manager Salary 0 - 6 years exp. (95 salaries)	Unlock ₹2.1 L/yr - ₹3.2 L/yr 22% less
Shriram Life Insurance Unit Manager Salary 0 - 8 years exp. (35 salaries)	Unlock ₹2 L/yr - ₹4.3 L/yr 19% less
Login to view exact salary
HDFC Ergo General Insurance Unit Manager Salary 2 - 6 years exp. (6 salaries)	Unlock ₹2.1 L/yr - ₹3.5 L/yr 16% less
Star Health & Allied Insurance Unit Manager Salary 6 - 9 years exp. (4 salaries)	Unlock ₹2.9 L/yr - ₹4 L/yr 2% less

Unit Manager salary at Life Insurance Corporation of India ranges between ₹1.8 Lakh to ₹5.5 Lakhs per year for employees with experience between 1 year to 27 years. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India.

Experience wise Life Insurance Corporation of India Unit Manager salaries

Last Updated: 6 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)	Unlock ₹1.6 L/yr - ₹2.1 L/yr
Login to view exact salary
15+ years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Life Insurance Corporation of India

LIC Agent Salary

(376 salaries)

Unlock

₹0.5 L/yr - ₹7.2 L/yr

Development Officer Salary

(325 salaries)

Unlock

₹3.5 L/yr - ₹12 L/yr

Agent Salary

(179 salaries)

Unlock

₹0.65 L/yr - ₹6.95 L/yr

Office Assistant Salary

(90 salaries)

Unlock

₹0.5 L/yr - ₹4.5 L/yr

Financial Advisor Salary

(84 salaries)

Unlock

₹1 L/yr - ₹6 L/yr

Agent Advisor Salary

(79 salaries)

Unlock

₹0.85 L/yr - ₹6.5 L/yr

Sales Executive Salary

(69 salaries)

Unlock

₹1 L/yr - ₹6 L/yr

Life Insurance Advisor Salary

(61 salaries)

Unlock

₹1.2 L/yr - ₹5.05 L/yr

Computer Operator Salary

(53 salaries)

Unlock

₹0.6 L/yr - ₹4 L/yr

Insurance Agent Salary

(46 salaries)

Unlock

₹0.6 L/yr - ₹5 L/yr

Salary related reviews for Life Insurance Corporation of India

1.0

Rated by 1 employees for salary & benefits

Development Officer in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

5.0

• posted on 21 Sep 2023

3.0

for Salary and Benefits

Likes

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

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

Agent Advisor in Khatauli

Part Time

BFSI, Investments & Trading Department

5.0

• posted on 18 Oct 2023

4.0

for Salary and Benefits

Likes

Self defined working hours with dignity and job security. More you work more you earn just like business. No fraudulent on system level. It's cool to work with world biggest life insurance company as I think it is.

Salary - Good

+6 more

Dislikes

Salary is not being provided to the agent as they work hard and fail some time to get new business. One more thing to be addressed is all services should be available at all office for the agent as collect the required forms, and to submit loan,neft request for the client benefit.

LIC Agent in Visakhapatnam

Part Time

BFSI, Investments & Trading Department

5.0

• posted on 13 Oct 2023

4.0

for Salary and Benefits

Likes

You are always thinking about the lic customers and give importance to the customers and immediately settlement option after policy maturity.l like that

Salary - Good

+6 more

Dislikes

...es and more benefits from mutual fund.So many people thinking this long period . some people I loss my money from lic ,we have to pay two years but they are not giving back my money.this is my survey till now.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

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

Got a question about Life Insurance Corporation of India?

Ask anonymously on communities.

Life Insurance Corporation of India Unit Manager Salary FAQs

What is the salary of Unit Manager at Life Insurance Corporation of India?

Unit Manager salary at Life Insurance Corporation of India in India ranges between ₹1.8 Lakhs to ₹5.5 Lakhs for experience between 1 years to 27 years. According to our estimates it is 43% less than the average Unit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India India.

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

The average salary of a Unit Manager at Life Insurance Corporation of India is 43% less than the average salary of a Unit Manager in India. To know exact salary insights, login to view.

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

Max Life Insurance Unit Manager Salary - ₹3.5 Lakhs to ₹11.5 Lakhs per year
Kotak Mahindara Life Insurance Unit Manager Salary - ₹3.2 Lakhs to ₹6.5 Lakhs per year
ICICI Lombard General Insurance Company Unit Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Bajaj Allianz Life Insurance Unit Manager Salary - ₹2.5 Lakhs to ₹5.5 Lakhs per year

What is the salary of a Unit Manager in companies similar to Life Insurance Corporation of India in India?

Tata AIA Life Insurance Unit Manager Salary - ₹2.0 Lakhs to ₹6.8 Lakhs per year
Star Health & Allied Insurance Unit Manager Salary - ₹2.9 Lakhs to ₹4.0 Lakhs per year
PNB MetLife Unit Manager Salary - ₹2.1 Lakhs to ₹3.8 Lakhs per year
ICICI Prudential Life Insurance Unit Manager Salary - ₹1.1 Lakhs to ₹4.5 Lakhs per year
HDFC Ergo General Insurance Unit Manager Salary - ₹2.1 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a Unit Manager at Life Insurance Corporation of India ranges between ₹25,113 per month to ₹26,550 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Unit Manager salary in India which ranges between ₹1.8 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 years to 27 years. Check how did we calculate take home salary?

What is the notice period for Unit Manager at Life Insurance Corporation of India?

According to AmbitionBox, 50% of the Life Insurance Corporation of India Unit Managers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Life Insurance Corporation of India Unit Manager Salaries by Location

Home >
Salaries >
Life Insurance Corporation of India Salaries >
Life Insurance Corporation of India Unit Manager Salaries

Life Insurance Corporation of India Unit Manager salary in India ranges between ₹1.8 Lakh to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.