Life Insurance Corporation India
4.2 out of 5 stars.
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Life Insurance Corporation India Careers and Employment

About the company

  • Founded
    1956
  • Company size
    more than 10,000
  • Revenue
    more than £7B (GBP)
  • Industry
    Insurance Companies
  • Headquarters
    Mumbai
  • Link
    Life Insurance Corporation India website

State owned public sector life insurance corporation.Largest financial institution &life insurance organization in India.

Central office in Mumbai ,with 8 Zonal offices,109 divisional offices,2048 fully computerised branches and to serve rural people LIC now opened 992 satelite offices in rural areas .

Hisrory:245 Indian and foreign insurers and provident societies are taken over by the central government and nationalised. LIC formed by an Act of Parliament, viz. LIC Act, 1956, with a capital...

State owned public sector life insurance corporation.Largest financial institution &life insurance organization in India.

Central office in Mumbai ,with 8 Zonal offices,109 divisional offices,2048 fully computerised branches and to serve rural people LIC now opened 992 satelite offices in rural areas .

Hisrory:245 Indian and foreign insurers and provident societies are taken over by the central government and nationalised. LIC formed by an Act of Parliament, viz. LIC Act, 1956, with a capital contribution of Rs. 5 crore from the Government of India.

The Parliament of India passed the Life Insurance Corporation Act on the 19th of June 1956, and the Life Insurance Corporation of India was created on 1st September, 1956.

On 1st of September 1956, The Life Insurance Corporation of India ( LIC ) embarked upon its momentous journey in true spirit of serving the people and nation as a whole. Since then it has spearheaded the financial and infrastructure development of the nation. The performance of LIC has been exemplary and it has been growing from strength to strength be it customer base, agency network, branch office network, and the like. LIC has played a significant role in spreading life insurance among the masses and mobilization of people’s money for people’s welfare. Even after the entry of private insurers for almost a decade now, LIC continues to be the front runner in the industry in terms of market share.

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Jobs

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New Delhi, Delhi

1 job

Kerala

1 job

Agartala, Tripura

1 job

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Salaries

Salary estimated from 883 employees, users, and past and present job advertisements on Indeed.

Popular Roles

Assistant
₹ 30,000 per month
Insurance Advisor
₹ 26,423 per month
Insurance Agent
₹ 22,761 per month

Insurance

Insurance Consultant
₹ 30,632 per month
Insurance Manager
₹ 30,596 per month

Sales

Financial Advisor
₹ 26,979 per month
Sales Manager
₹ 2,59,483 per year
Sales
₹ 15,000 per month

Management

Business Development Manager
₹ 3,15,754 per year
Business Manager
₹ 3,25,000 per year
Explore more salaries

Rating overview

Rating is calculated based on 679 reviews and is evolving.

4.30 out of 5 stars.20194.24 out of 5 stars.20204.60 out of 5 stars.20214.69 out of 5 stars.20224.60 out of 5 stars.2023

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Reviews

Life Insurance Advisor in Sivakasi, Tamil Nadu
on May 14, 2023
Flexible and good job
To communicate clients and develop the businessTo follow up the customers and clear the difficulties towards financial lifeTo encourage team members to perform well at  deadline
Development officer in Bokaro, Jharkhand
on April 19, 2023
Good experience with
My work experience is too much good i also recommend any one who want to join please pass the exam and sure join this is big organization here is so many facilities
agent from F e b in Bilaspur, Chhattisgarh
on April 8, 2023
Good
I have life insurance agency at ek years and I feel of agency is good opportunity to work and save life multiple people to facing in other problem solving.
LIC Advisor, Health Insurance Advisor and Motor Insurance Advisor in Mumbai, Maharashtra
on April 2, 2023
Productive and fun
Good environment for work is the best place. Supportive team , healthy environment make the employee to work better and more energetic to work. Problem solving skills and all the achievement
ADMINISTRATIVE ASSISTANT in KOLKATA
on February 16, 2023
Good
Good , constructive work culture in lic of india I have enjoyed to do my job at lic of india There were a good work culture Every employee has cooperative in nature they were very help fullManagement also good help full towards their employee Overall I was very happy there
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Questions and answers

People have asked 38 questions about working at Life Insurance Corporation India. See the answers, explore popular topics and discover unique insights from Life Insurance Corporation India employees.

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  • Interviews
  • Working Culture
  • Working Environment
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  • Working Hours
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Interview insights

Insights from 282 Indeed users who have interviewed with Life Insurance Corporation India within the last 5 years.

Favourable experience
Interview is average
Process takes about a day or two

Interview questions

Your educational background and work experience and about LIC

Your educational background an...

Shared on October 16, 2022

Verous type, GK, current affairs, insurance related questions

Verous type, GK, current affai...

Shared on March 7, 2022

Some puzzle,about cricket,General knowledge,Your subject in graduation and about family back ground.

Some puzzle,about cricket,Gene...

Shared on September 4, 2020
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Common questions about Life Insurance Corporation India

Life Insurance Corporation India locations

  • Mumbai, Maharashtra4.0 out of 5 stars.
  • Kolkata, West Bengal4.2 out of 5 stars.
  • Chennai, Tamil Nadu4.6 out of 5 stars.
  • Hyderabad, Telangana4.2 out of 5 stars.
  • New Delhi, Delhi4.1 out of 5 stars.
  • Kanpur, Uttar Pradesh3.8 out of 5 stars.
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