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    Life Insurance Corporation of India

    Compare button icon Compare button icon Compare
    4.3

    based on 1.6k Reviews

    HQ - Mumbai, India Insurance 1 Lakh+ Employees (India) Financial Services
    filter salariesFilter salaries by
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    Experience
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    Life Insurance Corporation of India Salaries in India

    based on 4.5k latest salaries

    4.1

    Rated by 1.6k Employees for salary and benefits

    Top Departments at Life Insurance Corporation of India
    BFSI, Investments & Trading Customer Success, Service & Operations Sales & Business Development Finance & Accounting Marketing & Communication Administration & Facilities + 4 more
    Designation Average Salary
    Yearly arrow-down

    LIC Agent

    Experience: 1 - 20 yrs (387 Salaries)
    ₹ 2,76,239/year

    (₹10.0K/yr - ₹5.2L/yr)

    Insurance Adviser

    Experience: 1 - 20 yrs (328 Salaries)
    ₹ 3,76,636/year

    (₹60.0K/yr - ₹7.9L/yr)

    Agent

    Experience: 0 - 15 yrs (236 Salaries)
    ₹ 2,67,636/year

    (₹40.0K/yr - ₹6.4L/yr)

    Development Officer

    Experience: 1 - 31 yrs (179 Salaries)
    ₹ 11,47,282/year

    (₹6.4L/yr - ₹22.3L/yr)

    LIC Advisor

    Experience: 1 - 8 yrs (175 Salaries)
    ₹ 3,05,581/year

    (₹25.0K/yr - ₹8.0L/yr)

    Office Assistant

    Experience: 0 - 9 yrs (126 Salaries)
    ₹ 1,47,829/year

    (₹10.0K/yr - ₹4.5L/yr)

    Sales Executive

    Experience: 0 - 5 yrs (90 Salaries)
    ₹ 2,35,980/year

    (₹80.0K/yr - ₹7.0L/yr)

    Financial Advisor

    Experience: 1 - 8 yrs (74 Salaries)
    ₹ 2,82,763/year

    (₹35.0K/yr - ₹5.0L/yr)

    Life Insurance Advisor

    Experience: 1 - 15 yrs (73 Salaries)
    ₹ 3,11,125/year

    (₹1.0L/yr - ₹8.1L/yr)

    Computer Operator

    Experience: 1 - 8 yrs (56 Salaries)
    ₹ 2,07,775/year

    (₹40.0K/yr - ₹6.2L/yr)

    Last Updated: 30 Sep, 2023

    Life Insurance Corporation of India Salary FAQs

    How much does Life Insurance Corporation of India pay per year?
    The average Life Insurance Corporation of India salary ranges from approximately ₹0.6 Lakhs per year for a Worker to ₹30.2 Lakhs per year for a Regional Manager. Salary estimates are based on 4.5k Life Insurance Corporation of India salaries received from various employees of Life Insurance Corporation of India. Life Insurance Corporation of India employees rate the overall salary and benefits package 4.1/5 stars.
    What is the highest salary in Life Insurance Corporation of India?
    The highest-paying job at Life Insurance Corporation of India is a Regional Manager with a salary of ₹30.2 Lakhs per year. The top 10% of employees earn more than ₹7.34 lakhs per year. The top 1% earn more than a whopping ₹25 lakhs per year.
    What is the minimum salary in Life Insurance Corporation of India?
    Minimum salary at Life Insurance Corporation of India depends on the role you are applying for. For Office Assistant the minimum salary is ₹1.5 Lakhs per year, for Sales Executive the minimum salary is ₹2.4 Lakhs per year and so on.
    What is the salary package for freshers in Life Insurance Corporation of India?
    The average salary at Life Insurance Corporation of India for freshers varies from ₹0.7 Lakhs per year for Tele Caller to ₹2.7 Lakhs per year for Assistant. View Fresher Salaries at Life Insurance Corporation of India
    What is the notice period at Life Insurance Corporation of India?
    According to AmbitionBox, 57% of the Life Insurance Corporation of India employees reported a notice period of 15 days or less, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3.5k responses on AmbitionBox in last 2 years.

    Reviews which talk about salary at Life Insurance Corporation of India

    Supervisor (HIGHER GRADE ASSISTANT,) in Kolhapur, Maharashtra

    Full Time

     · 

    Life Insurance Department

    1.0
    posted on 27 Jun 2023
    5.0 for Salary and Benefits

    Likes

    Salary structure and promotion policy is good. Peon also get promotion upto Divisional manager. Or more than that. Other fringe benefits are also good

    Dislikes

    The work culture may spoil your nature buliding, may erase your good cuture and you may become habitual with spoiled office culture. Though you get promotion but you will not get respect and satisfaction of job. Unions are acts like criminal gangs, your knowledge and study becomes zero in front of the gangs

    Work Details

    Work days: Monday to Friday (Strict Timings)

    Work related travel: This job involves Travel Within City.

    Advisor (working remotely)

    Freelancer

     · 

    Life insurance Department

    5.0
    posted on 25 Jun 2023
    4.0 for Salary and Benefits

    Likes

    important your Knowledge sharing & good communications. Good , constructive work culture in lic of india. I have enjoyed to do my job at lic of india. And Good environment for work . Every employee has cooperative in nature they were very helpful.

    Dislikes

    No dislike working at lic jobs. I am a enjoy this job. I am good experience . But most important points insurance advisor no salary commission based job. I like lic.

    Work Details

    Work timings: Flexible Timings

    Work related travel: This is a desk job.

    Insurance Agent in Chengalpattu, Tamil Nadu

    Part Time

     · 

    Life Insurance Department

    5.0
    posted on 13 Apr 2023
    3.0 for Salary and Benefits

    Likes

    Good environment for work . Every employee has cooperative in nature they were very helpful.

    Dislikes

    ...Only senior management and marketing department get salary.

    Work Details

    Work policy: Only we get an Insurance policy

    Work timings: Flexible Timings

    Work related travel: This is a desk job.

    QUALITY CHECKER AND NB OPERATOR in Cannaught Palace

    5.0
    posted on 09 May 2022
    3.0 for Salary and Benefits

    Likes

    Office is great and good work environment and culture . There is a huge canteen and waiters for servings. They give good salary and bonus every year

    Dislikes

    There is a lot of politics and the management doesn't address our issue.. Salary is decent but career growth is slow.

    Work Details

    Work days: Monday to Friday (Flexible Timings)

    Work related travel: This is a desk job.

    Insurance Advisor in Suryapet

    Full Time

     · 

    Construction Engineering Department

    5.0
    posted on 24 Apr 2022
    5.0 for Salary and Benefits

    Likes

    ... We as agents, upon reaching membership target's, we receive bonus, advances & other benefits.

    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.

    Work Details

    Work timings: Flexible Timings

    see more salary related reviews

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    Average annual salary in Life Insurance Corporation of India is INR 4.2 lakhs . Salary estimates are based on 4.5k Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.