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4.4

based on 1.8k Reviews

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Life Insurance Corporation of India Wealth Manager salaries in India

Annual salary range
6 - 10 years exp.
₹3.1 Lakhs - ₹7.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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47% less than the average Wealth Manager Salary in Insurance Companies for 6 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Wealth Manager Salary
6 - 10 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.5 L/yr

Sales & Business Development
Wealth Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 9 Dec 2023

Companies similar to Life Insurance Corporation of India for Wealth Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Wealth Manager Salary

5 - 14 years exp. (5 salaries)

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₹4.5 L/yr - ₹6.5 L/yr

arrow icon 30% more
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₹4 L/yr - ₹5.2 L/yr

arrow icon 16% more
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₹3.2 L/yr - ₹7.5 L/yr

arrow icon 20% more
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Max Life Insurance Wealth Manager Salary

3 - 10 years exp. (5 salaries)

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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 15% more
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₹4.8 L/yr - ₹8.8 L/yr

arrow icon 87% more
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₹5.5 L/yr - ₹10 L/yr

arrow icon 112% more
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₹3 L/yr - ₹6 L/yr

arrow icon 4% more
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₹4.5 L/yr - ₹9 L/yr

arrow icon 49% more
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Shriram Life Insurance Wealth Manager Salary

9 - 11 years exp. (4 salaries)

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₹4.5 L/yr - ₹5.3 L/yr

arrow icon 30% more
Wealth Manager salary at Life Insurance Corporation of India ranges between ₹3.1 Lakhs to ₹7.6 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Wealth Manager

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8 years exp.
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6 years exp.
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10 years exp.
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6 years exp.

Experience wise Life Insurance Corporation of India Wealth Manager salaries

Last Updated: 9 Dec 2023

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹6.7 L/yr
7 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
8 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹6.9 L/yr
9 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
10 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹7.1 L/yr

Similar Designation salaries in Life Insurance Corporation of India

Branch Manager Salary
(19 salaries)
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₹12.31 L/yr - ₹28 L/yr
Deputy Manager Salary
(5 salaries)
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₹2.35 L/yr - ₹9.28 L/yr
Sales Manager Salary
(19 salaries)
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₹2 L/yr - ₹6.5 L/yr
Area Manager Salary
(4 salaries)
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₹7.5 L/yr - ₹10 L/yr
Chief Manager Salary
(5 salaries)
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₹8 L/yr - ₹25 L/yr
Senior Wealth Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
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₹2.15 L/yr - ₹5 L/yr
Branch Head Salary
(7 salaries)
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₹8 L/yr - ₹23.86 L/yr
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₹3 L/yr - ₹6 L/yr
Deputy Manager Grade 2 Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for Life Insurance Corporation of India

4.0

Rated by 1 employees for salary & benefits

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

read more
  • 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.

read more
  • Skill development - Poor
    +2 more

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

read more
  • Promotions - Poor

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.

read more
  • Skill development - Poor
    +5 more

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.

read more
  • 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.

read more

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.

read more
  • Job security - Bad
    +4 more
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Life Insurance Corporation of India Wealth Manager Salary FAQs

What is the salary of Wealth Manager at Life Insurance Corporation of India?
Wealth Manager salary at Life Insurance Corporation of India in India ranges between ₹3.1 Lakhs to ₹7.6 Lakhs for experience between 6 years to 10 years. According to our estimates it is 47% less than the average Wealth Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Life Insurance Corporation of India India.
How does the salary of a Wealth Manager at Life Insurance Corporation of India India compare with the average salary range for this job?
The average salary of a Wealth Manager at Life Insurance Corporation of India is 47% less than the average salary of a Wealth 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 Wealth Manager in India?
  • Kotak Mahindara Life Insurance Wealth Manager Salary - ₹5.5 Lakhs to ₹10.0 Lakhs per year
  • Bajaj Allianz Life Insurance Wealth Manager Salary - ₹4.8 Lakhs to ₹8.8 Lakhs per year
  • Aditya Birla Sun Life Insurance Wealth Manager Salary - ₹4.5 Lakhs to ₹9.0 Lakhs per year
  • Shriram Life Insurance Wealth Manager Salary - ₹4.5 Lakhs to ₹5.3 Lakhs per year
  • HDFC Life Wealth Manager Salary - ₹4.5 Lakhs to ₹6.5 Lakhs per year
What is the salary of a Wealth Manager in companies similar to Life Insurance Corporation of India in India?
  • SBI Life Insurance Company Wealth Manager Salary - ₹3.2 Lakhs to ₹7.5 Lakhs per year
  • ICICI Prudential Life Insurance Wealth Manager Salary - ₹4.0 Lakhs to ₹5.2 Lakhs per year
  • Max Life Insurance Wealth Manager Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
  • Tata AIA Life Insurance Wealth Manager Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Wealth Manager at Life Insurance Corporation of India in India?
The estimated take-home salary of a Wealth Manager at Life Insurance Corporation of India ranges between ₹28,302 per month to ₹29,692 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Wealth Manager salary in India which ranges between ₹3.1 Lakhs to ₹7.6 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Wealth Manager at Life Insurance Corporation of India?
According to AmbitionBox, 67% of the Life Insurance Corporation of India Wealth Managers reported a notice period of 15 days or less, 33% reported a notice period of More than 3 months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Life Insurance Corporation of India Wealth Manager salary in India ranges between ₹3.1 Lakhs to ₹7.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.