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Life Insurance Corporation of India Assistant salaries in India

Annual salary range
0 - 5 years exp.
₹0.8 Lakh - ₹8 Lakhs
Salary of majority employees
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26% less than the average Assistant Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Assistant Salary
3 - 5 years exp. (6 salaries)
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₹2.2 L/yr - ₹7 L/yr

Finance & Accounting
Assistant Salary
0 - 4 years exp. (6 salaries)
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₹1 L/yr - ₹7.5 L/yr

BFSI, Investments & Trading
Assistant Salary
0 - 3 years exp. (5 salaries)
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₹0.8 L/yr - ₹4.3 L/yr

Marketing & Communication
Assistant Salary
1 - 5 years exp. (4 salaries)
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₹1 L/yr - ₹3.8 L/yr

Administration & Facilities
Assistant Salary
2 - 4 years exp. (4 salaries)
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₹5.4 L/yr - ₹8 L/yr

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Last Updated: 6 Jan 2025

Companies similar to Life Insurance Corporation of India for Assistant

Company name Avg Annual Salary Open Jobs
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SBI Life Insurance Company Assistant Salary

0 - 15 years exp. (3 salaries)

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₹7.5 L/yr - ₹8.3 L/yr

arrow icon 86% more
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The New India Assurance Co. Assistant Salary

1 - 8 years exp. (16 salaries)

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₹1 L/yr - ₹8.5 L/yr

At par
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₹1 L/yr - ₹4.8 L/yr

arrow icon 36% less
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₹0.8 L/yr - ₹1.7 L/yr

arrow icon 66% less
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The Oriental Insurance Co. Assistant Salary

0 - 5 years exp. (4 salaries)

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₹1 L/yr - ₹3.6 L/yr

arrow icon 39% less
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HDFC Ergo General Insurance Assistant Salary

0 - 4 years exp. (4 salaries)

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₹2.8 L/yr - ₹3.7 L/yr

arrow icon 21% less
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₹1.4 L/yr - ₹2.7 L/yr

arrow icon 49% less
Assistant salary at Life Insurance Corporation of India ranges between ₹0.8 Lakh to ₹8 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 64 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Assistant

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Experience wise Life Insurance Corporation of India Assistant salaries

Last Updated: 6 Jan 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹1.2 L/yr - ₹8.1 L/yr
1 year  (18 salaries)

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₹0.8 L/yr - ₹5.4 L/yr
2 years  (12 salaries)

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₹1 L/yr - ₹5.8 L/yr
3 years  (13 salaries)

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₹1 L/yr - ₹7 L/yr
4 years  (9 salaries)

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₹1.5 L/yr - ₹8 L/yr
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Life Insurance Corporation of India Assistant Salary and Career Growth

From

To

Assistant

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0 - 5 years exp.

Branch Manager

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15 - 31 years exp.

Assistant 0 - 5 years exp.
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Development Officer 0 - 10 years exp.
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arrow icon 96% hike
Assistant Branch Manager 9 - 19 years exp.
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arrow icon 20% hike

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Similar Designation salaries in Life Insurance Corporation of India

Accountant Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
Analyst Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
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₹1 L/yr - ₹6 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Accounting Staff Salary
(AmbitionBox Estimate)
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₹0.7 L/yr - ₹0.9 L/yr
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₹2.5 L/yr - ₹6 L/yr
Deputy Manager Salary
(5 salaries)
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₹2.35 L/yr - ₹9.28 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
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₹1.2 L/yr - ₹3.6 L/yr
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₹2.83 L/yr - ₹15 L/yr

Salary related reviews for Life Insurance Corporation of India

3.9

Rated by 21 employees for salary & benefits

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.

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  • 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 Assistant Salary FAQs

What is the salary of Assistant at Life Insurance Corporation of India?
Assistant salary at Life Insurance Corporation of India in India ranges between ₹0.8 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 26% less than the average Assistant Salary in India. Salary estimates are based on 64 latest salaries received from various employees of Life Insurance Corporation of India India.
How does the salary of a Assistant at Life Insurance Corporation of India India compare with the average salary range for this job?
The average salary of a Assistant at Life Insurance Corporation of India is 26% less than the average salary of a Assistant in India. To know exact salary insights, login to view.
Which similar companies are paying more than Life Insurance Corporation of India to a Assistant in India?
  • SBI Life Insurance Company Assistant Salary - ₹7.5 Lakhs to ₹8.3 Lakhs per year
What is the salary of a Assistant in companies similar to Life Insurance Corporation of India in India?
  • The New India Assurance Co. Assistant Salary - ₹1.0 Lakhs to ₹8.5 Lakhs per year
  • HDFC Ergo General Insurance Assistant Salary - ₹2.8 Lakhs to ₹3.7 Lakhs per year
  • United India Insurance Company Assistant Salary - ₹1.0 Lakhs to ₹4.8 Lakhs per year
  • The Oriental Insurance Co. Assistant Salary - ₹1.0 Lakhs to ₹3.6 Lakhs per year
  • ICICI Lombard General Insurance Company Assistant Salary - ₹1.4 Lakhs to ₹2.7 Lakhs per year
What is the estimated take home salary of a Assistant at Life Insurance Corporation of India in India?
The estimated take-home salary of a Assistant at Life Insurance Corporation of India ranges between ₹31,746 per month to ₹33,034 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Assistant salary in India which ranges between ₹0.8 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?
What is the notice period for Assistant at Life Insurance Corporation of India?
According to AmbitionBox, 57% of the Life Insurance Corporation of India Assistants reported a notice period of 15 days or less, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 56 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Life Insurance Corporation of India Assistant salary in India ranges between ₹0.8 Lakh to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 64 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.