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Life Insurance Corporation of India Account Assistant salaries in Mumbai

Annual salary range
1 - 4 years exp.
₹1.5 Lakh - ₹2 Lakhs
Salary of majority employees
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28% less than the average Account Assistant Salary in Insurance Companies for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Account Assistant Salary
1 year exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹1.8 L/yr

Finance & Accounting
Account Assistant Salary
4 years exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹1.8 L/yr

Last Updated: 26 Dec 2024

Companies similar to Life Insurance Corporation of India for Account Assistant in Mumbai

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Life Insurance Corporation of India Account Assistant Salary

1 - 4 years exp. (4 salaries)

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₹1.5 L/yr - ₹2 L/yr

vs
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₹1.5 L/yr - ₹3 L/yr

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Karnavat & Co. Account Assistant Salary

0 - 7 years exp. (259 salaries)

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₹0.6 L/yr - ₹4.4 L/yr

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Keihin Fie Account Assistant Salary

1 - 6 years exp. (199 salaries)

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₹0.2 L/yr - ₹3 L/yr

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₹2 L/yr - ₹4.2 L/yr

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₹1.5 L/yr - ₹3.3 L/yr

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Account Assistant salary at Life Insurance Corporation of India ranges between ₹1.5 Lakh to ₹2 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Account Assistant in Mumbai

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Experience wise Life Insurance Corporation of India Account Assistant salaries in Mumbai

Last Updated: 26 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.5 L/yr - ₹3.4 L/yr
2 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2 L/yr
3 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2 L/yr
4 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹3.4 L/yr

Salary related reviews for Life Insurance Corporation of India

BFSI, Investments & Trading Department

5.0
  •  posted on 10 May 2018

2.0
 for  Salary and Benefits

Likes

...d Pratapgarh branch in post financial services executive Banccassurence channel.its company no job security and no career growth, and no salary enough,. This company good work environment and innovation.

read more
  • Skill development - Excellent
  • +2 more

Dislikes

The Lic of India a big company insurance sector but no job security and life . The Lic of India a chitting company for employee because a large employee selections contractual basis employee and any time works out in company.

read more
  • Salary - Poor
  • +3 more

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

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  • 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
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Life Insurance Corporation of India Account Assistant Salary FAQs

What is the salary of Account Assistant at Life Insurance Corporation of India Mumbai?
Account Assistant salary at Life Insurance Corporation of India in Mumbai ranges between ₹1.5 Lakhs to ₹2.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 28% less than the average Account Assistant Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India Mumbai.
How does the salary of a Account Assistant at Life Insurance Corporation of India Mumbai compare with the average salary range for this job?
The average salary of a Account Assistant at Life Insurance Corporation of India is 28% less than the average salary of a Account Assistant in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Life Insurance Corporation of India to a Account Assistant in Mumbai?
  • Concentrix Corporation Account Assistant Salary - ₹2.0 Lakhs to ₹4.2 Lakhs per year
  • Karnavat & Co. Account Assistant Salary - ₹0.6 Lakhs to ₹4.4 Lakhs per year
  • Lokmanya Multipurpose Co-op Society Account Assistant Salary - ₹1.5 Lakhs to ₹3.3 Lakhs per year
What is the salary of a Account Assistant in companies similar to Life Insurance Corporation of India in Mumbai?
  • Kotak Mahindara Life Insurance Account Assistant Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year
  • Keihin Fie Account Assistant Salary - ₹0.2 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Account Assistant at Life Insurance Corporation of India in Mumbai?
The estimated take-home salary of a Account Assistant at Life Insurance Corporation of India ranges between ₹13,059 per month to ₹14,458 per month in Mumbai. The take-home salary calculation is based on the average Life Insurance Corporation of India Account Assistant salary in India which ranges between ₹1.5 Lakhs to ₹2.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?
What is the notice period for Account Assistant at Life Insurance Corporation of India in Mumbai?
According to AmbitionBox, 50% of the Life Insurance Corporation of India Account Assistants in Mumbai 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 Account Assistant salary in Mumbai ranges between ₹1.5 Lakh to ₹2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.