Life Insurance Corporation of India Zonal Manager Salaries by 4 Employees

25 - 33 years exp.

₹19.5 Lakhs - ₹36.4 Lakhs

Low Confidence

Salary of majority employees

82% more than the average Zonal Manager Salary in Insurance Companies for 25 - 33 years of experience

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Last Updated: 15 Oct 2024

Companies similar to Life Insurance Corporation of India for Zonal Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Zonal Manager Salary 14 - 22 years exp. (16 salaries)	₹17.4 L/yr - ₹37 L/yr 3% less
Axis Max Life Insurance Zonal Manager Salary 17 - 23 years exp. (11 salaries)	₹16.1 L/yr - ₹29.2 L/yr 16% less
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Shriram Life Insurance Zonal Manager Salary 15 - 26 years exp. (10 salaries)	₹11.1 L/yr - ₹20 L/yr 43% less
SBI Life Insurance Company Zonal Manager Salary 15 - 23 years exp. (10 salaries)	₹17 L/yr - ₹23 L/yr 32% less
HDFC Life Zonal Manager Salary 10 - 12 years exp. (9 salaries)	₹10 L/yr - ₹22 L/yr 42% less
ICICI Prudential Life Insurance Zonal Manager Salary 4 - 17 years exp. (7 salaries)	₹7 L/yr - ₹22 L/yr 45% less
Aditya Birla Health Insurance Co Zonal Manager Salary 10 - 20 years exp. (7 salaries)	₹13 L/yr - ₹31 L/yr 21% less
Cholamandalam MS General Insurance Zonal Manager Salary 12 - 16 years exp. (6 salaries)	₹19.9 L/yr - ₹30 L/yr 5% less
Reliance Nippon Life Insurance Zonal Manager Salary 14 - 23 years exp. (5 salaries)	₹18.4 L/yr - ₹37 L/yr 11% more
ICICI Lombard General Insurance Company Zonal Manager Salary 15 - 20 years exp. (4 salaries)	₹21.9 L/yr - ₹24 L/yr 20% less
Aditya Birla Sun Life Insurance Zonal Manager Salary 11 - 18 years exp. (4 salaries)	₹35 L/yr - ₹50 L/yr 46% more
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Bajaj Allianz General Insurance Zonal Manager Salary 12 - 19 years exp. (4 salaries)	₹16 L/yr - ₹23 L/yr 39% less
Star Health & Allied Insurance Zonal Manager Salary 19 - 23 years exp. (4 salaries)	₹24.1 L/yr - ₹39 L/yr 10% more
Allianz Partners Zonal Manager Salary 11 - 18 years exp. (3 salaries)	₹8.4 L/yr - ₹27.5 L/yr 29% less

Zonal Manager salary at Life Insurance Corporation of India ranges between ₹19.5 Lakhs to ₹36.4 Lakhs per year for employees with experience between 25 years to 33 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 Zonal Manager salaries

Last Updated: 15 Oct 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹11.2 L/yr - ₹50.3 L/yr
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Similar Designation salaries in Life Insurance Corporation of India

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(5 salaries)

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₹6.9 L/yr - ₹8.9 L/yr

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Zonal Sales Manager Salary

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₹4.5 L/yr - ₹5.8 L/yr

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Area Sales Manager Salary

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₹2 L/yr - ₹4 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Zonal Business Manager Salary

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₹5.6 L/yr - ₹7.1 L/yr

Regional Head Salary

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₹12.2 L/yr - ₹15.5 L/yr

Salary related reviews for Life Insurance Corporation of India

Senior Business Development Manager

5.0

• posted on 25 Jul 2018

3.0

for Salary and Benefits

Likes

Very Hard subject with Smart work (it’s not for all......!) It’s an open market but not for all who knows the pulse of market and customer portfolio they can sustain under this umbrella, other wise it’s an ocian for them they cont reach there’s destination part It’s an easy subject but but very toughf ! Who don’t know basic things

Skill development - Excellent

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Full Time

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5.0

• posted on 19 Jul 2024

5.0

for Salary and Benefits

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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

+2 more

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

Insurance Adviser in Suryapet

Full Time

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5.0

• posted on 24 Apr 2022

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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.

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Life Insurance Corporation of India Zonal Manager Salary FAQs

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

The average salary of a Zonal Manager at Life Insurance Corporation of India in India typically ranges from ₹19.5 Lakhs to ₹36.4 Lakhs per year, depending on experience (from 25 years to 33 years).

The top 10% of Zonal Manager at Life Insurance Corporation of India earn more than ₹60.0 Lakhs per year, and the top 1% earn over ₹60.0 Lakhs per year. Zonal 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 4 Life Insurance Corporation of India employees in India.

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

The estimated take-home salary of a Zonal Manager at Life Insurance Corporation of India in India typically ranges from ₹1,74,101 to ₹1,80,836 per month. This is based on the average salary range of ₹19.5 Lakhs to ₹36.4 Lakhs per year for employees with experience ranging from 25 years to 33 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Life Insurance Corporation of India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Life Insurance Corporation of India for Zonal Manager in India?

Aditya Birla Sun Life Insurance	₹35.0 Lakhs to ₹50.0 Lakhs per year
Reliance Nippon Life Insurance	₹18.4 Lakhs to ₹37.0 Lakhs per year
Star Health & Allied Insurance	₹24.1 Lakhs to ₹39.0 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.

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

The salary of a Zonal Manager at companies similar to Life Insurance Corporation of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance	₹17.4 Lakhs to ₹37.0 Lakhs per year
Cholamandalam MS General Insurance	₹19.9 Lakhs to ₹30.0 Lakhs per year
Axis Max Life Insurance	₹16.1 Lakhs to ₹29.2 Lakhs per year
ICICI Lombard General Insurance Company	₹21.9 Lakhs to ₹24.0 Lakhs per year
Aditya Birla Health Insurance Co	₹13.0 Lakhs to ₹31.0 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.

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

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

Experience	Average Salary Range
15 years	₹11.2 Lakhs to ₹50.3 Lakhs per year

and so on.

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Life Insurance Corporation of India Zonal Manager Salaries

Life Insurance Corporation of India Zonal Manager salary in India ranges between ₹19.5 Lakhs to ₹36.4 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.