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Life Insurance Corporation of India Back Office Assistant salaries in India

Annual salary range
0 - 7 years exp.
₹0.9 Lakh - ₹2.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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40% less than the average Back Office Assistant Salary in Insurance Companies for 0 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Back Office Assistant Salary
1 - 6 years exp. (5 salaries)
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₹0.9 L/yr - ₹2.2 L/yr

Procurement & Supply Chain
Back Office Assistant Salary
0 - 4 years exp. (3 salaries)
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₹1.2 L/yr - ₹1.3 L/yr

Finance & Accounting
Back Office Assistant Salary
2 - 5 years exp. (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2 L/yr

Last Updated: 12 Apr 2024

Companies similar to Life Insurance Corporation of India for Back Office Assistant

Company name Avg Annual Salary Open Jobs
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₹1.2 L/yr - ₹5 L/yr

arrow icon 140% more
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₹2.4 L/yr - ₹3.2 L/yr

arrow icon 111% more
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₹0.6 L/yr - ₹2.2 L/yr

arrow icon 3% less
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₹1.4 L/yr - ₹4.5 L/yr

arrow icon 73% more
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₹1 L/yr - ₹4 L/yr

arrow icon 102% more
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₹2.4 L/yr - ₹3 L/yr

arrow icon 95% more
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HDFC Life Back Office Assistant Salary

1 - 4 years exp. (5 salaries)

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₹1.5 L/yr - ₹4.4 L/yr

arrow icon 94% more
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₹1 L/yr - ₹3 L/yr

arrow icon 65% more
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₹1.1 L/yr - ₹2.5 L/yr

arrow icon 54% more
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₹0.9 L/yr - ₹2.2 L/yr

arrow icon 12% more
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₹2.1 L/yr - ₹3.7 L/yr

arrow icon 113% more
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₹1.8 L/yr - ₹2.6 L/yr

arrow icon 61% more
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₹1.6 L/yr - ₹3.1 L/yr

arrow icon 78% more
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Gallagher Back Office Assistant Salary

4 - 8 years exp. (3 salaries)

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₹3.5 L/yr - ₹6.9 L/yr

arrow icon 250% more
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₹1.2 L/yr - ₹1.8 L/yr

arrow icon 16% more
Back Office Assistant salary at Life Insurance Corporation of India ranges between ₹0.9 Lakh to ₹2.2 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 15 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Back Office Assistant

9mo ago
₹2 Lakhs
6 years exp.
9mo ago
₹0.9 Lakh
5 years exp.
10mo ago
₹2 Lakhs
5 years exp.
11mo ago
₹1 Lakh
5 months exp.
1y ago
₹2 Lakhs
2 years exp.
1y ago
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1 year exp.
1y ago
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4 years exp.
1y ago
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6 years exp.
1y ago
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3 years exp.
1y ago
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3 years exp.

Experience wise Life Insurance Corporation of India Back Office Assistant salaries

Last Updated: 12 Apr 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1 L/yr - ₹2.5 L/yr
1 year  (3 salaries)

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₹1.2 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)

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₹0.5 L/yr - ₹2 L/yr
3 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹2.4 L/yr
4 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹2.4 L/yr
View all

Similar Designation salaries in Life Insurance Corporation of India

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₹0.5 L/yr - ₹4.5 L/yr
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₹0.85 L/yr - ₹2.5 L/yr
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₹0.6 L/yr - ₹4.5 L/yr
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₹2.5 L/yr - ₹6 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
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₹1.5 L/yr - ₹2.7 L/yr
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₹1 L/yr - ₹4 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Sales Executive Salary
(67 salaries)
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₹1 L/yr - ₹6 L/yr
MIS Executive Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr

Salary related reviews for Life Insurance Corporation of India

1.0

Rated by 1 employees for salary & benefits

Data Science & Analytics Department

5.0
  •  posted on 28 Dec 2021

5.0
 for  Salary and Benefits

Likes

...agement is transparent.There is a huge cafeteria and gaming arcade for chilling. Company policies are good,appraisals are fair and they give good salary hike and bonus every year

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2years before which you cannot resign. On the job training is not given to new joiners.

read more

Nb department Department

5.0
  •  posted on 11 Oct 2021

2.0
 for  Salary and Benefits

Likes

...rtive team HOD and other members are very friendly and always ready to support . Good salary and no salary issue you also have an opportunity to increase your knowledge in insurance sector .

read more
  • Job security - Excellent
  • +3 more

Dislikes

  • Salary - Poor
  • Skill development - Poor
  • +1 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

read more
  • 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
see more salary related reviews

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Life Insurance Corporation of India Back Office Assistant Salary FAQs

What is the salary of Back Office Assistant at Life Insurance Corporation of India ?
The average salary of a Back Office Assistant at Life Insurance Corporation of India in India typically ranges from ₹0.9 Lakhs to ₹2.2 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Back Office Assistant at Life Insurance Corporation of India earn more than ₹2.0 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Back Office Assistant 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 10+ Life Insurance Corporation of India employees in India.
What is the estimated take home salary of a Back Office Assistant at Life Insurance Corporation of India in India?
The estimated take-home salary of a Back Office Assistant at Life Insurance Corporation of India in India typically ranges from ₹8,888 to ₹9,872 per month. This is based on the average salary range of ₹0.9 Lakhs to ₹2.2 Lakhs per year for employees with experience ranging from Fresher to 7 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 10+ 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 Back Office Assistant in India?
Gallagher ₹3.5 Lakhs to ₹6.9 Lakhs per year
Star Health & Allied Insurance ₹1.2 Lakhs to ₹5.0 Lakhs per year
Kotak Mahindara Life Insurance ₹2.1 Lakhs to ₹3.7 Lakhs per year
ICICI Lombard General Insurance Company ₹2.4 Lakhs to ₹3.2 Lakhs per year
Aditya Birla Sun Life Insurance ₹1.0 Lakhs to ₹4.0 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 Back Office Assistant in companies similar to Life Insurance Corporation of India in India?
The salary of a Back Office Assistant 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 ₹2.4 Lakhs to ₹3.0 Lakhs per year
HDFC Life ₹1.5 Lakhs to ₹4.4 Lakhs per year
Tata AIA Life Insurance ₹1.6 Lakhs to ₹3.1 Lakhs per year
Bajaj Allianz General Insurance ₹1.4 Lakhs to ₹4.5 Lakhs per year
Reliance Nippon Life Insurance ₹1.0 Lakhs to ₹3.0 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 Back Office Assistant at Life Insurance Corporation of India in India?
The salary growth for a Back Office Assistant at Life Insurance Corporation of India depends on factors such as experience, performance, and promotions. On average, a Back Office Assistant can expect the following growth trajectory at Life Insurance Corporation of India:

Experience Average Salary Range
Fresher ₹1.0 Lakhs to ₹2.5 Lakhs per year
1 year ₹1.2 Lakhs to ₹2.2 Lakhs per year
2 years ₹0.5 Lakhs to ₹2.0 Lakhs per year
3 years ₹0.9 Lakhs to ₹2.4 Lakhs per year
and so on.

Tell us how to improve this page.

Life Insurance Corporation of India Back Office Assistant salary in India ranges between ₹0.9 Lakh to ₹2.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.