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4.4

based on 1.8k Reviews

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Life Insurance Corporation of India Back Office Assistant salaries in Mumbai

Annual salary range
0 - 4 years exp.
₹1 Lakh - ₹2 Lakhs
Salary of majority employees
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42% less than the average Back Office Assistant Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

Procurement & Supply Chain
Back Office Assistant Salary
0 - 4 years exp. (3 salaries)
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₹1.1 L/yr - ₹1.2 L/yr

BFSI, Investments & Trading
Back Office Assistant Salary
3 years exp. (AmbitionBox Estimate)
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₹1.2 L/yr - ₹1.4 L/yr

Last Updated: 17 Jan 2024

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

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Life Insurance Corporation of India Back Office Assistant Salary

0 - 4 years exp. (6 salaries)

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₹1 L/yr - ₹2 L/yr

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₹1.9 L/yr - ₹2.6 L/yr

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IDBI Bank Back Office Assistant Salary

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₹2 L/yr - ₹3 L/yr

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Vijay Sales Back Office Assistant Salary

3 - 11 years exp. (16 salaries)

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₹1.7 L/yr - ₹5 L/yr

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₹1.5 L/yr - ₹3.3 L/yr

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Back Office Assistant salary at Life Insurance Corporation of India ranges between ₹1 Lakh to ₹2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 6 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 in Mumbai

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5 months exp.
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Experience wise Life Insurance Corporation of India Back Office Assistant salaries in Mumbai

Last Updated: 17 Jan 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1 L/yr - ₹2.5 L/yr
1 year (AmbitionBox Estimate)

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

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₹1.2 L/yr - ₹1.5 L/yr
3 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹2.4 L/yr
4 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹2.3 L/yr

Similar Designation salaries in Life Insurance Corporation of India

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₹0.5 L/yr - ₹3.6 L/yr
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₹1 L/yr - ₹3 L/yr

Salary related reviews for Life Insurance Corporation of India

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

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

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

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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

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 21 Sep 2023

3.0
 for  Salary and Benefits

Likes

Job Performing Flexibility.

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

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
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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 Mumbai?
Back Office Assistant salary at Life Insurance Corporation of India in Mumbai ranges between ₹1.0 Lakhs to ₹2.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 42% less than the average Back Office Assistant Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Life Insurance Corporation of India Mumbai.
How does the salary of a Back Office Assistant at Life Insurance Corporation of India Mumbai compare with the average salary range for this job?
The average salary of a Back Office Assistant at Life Insurance Corporation of India is 42% less than the average salary of a Back Office 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 Back Office Assistant in Mumbai?
  • Vijay Sales Back Office Assistant Salary - ₹1.7 Lakhs to ₹5.0 Lakhs per year
  • Kotak Mahindara Life Insurance Back Office Assistant Salary - ₹2.1 Lakhs to ₹3.7 Lakhs per year
  • IDBI Bank Back Office Assistant Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
  • Godrej & Boyce Manufacturing Back Office Assistant Salary - ₹1.5 Lakhs to ₹3.3 Lakhs per year
  • ICICI Lombard General Insurance Company Back Office Assistant Salary - ₹1.9 Lakhs to ₹2.6 Lakhs per year
What is the estimated take home salary of a Back Office Assistant at Life Insurance Corporation of India in Mumbai?
The estimated take-home salary of a Back Office Assistant at Life Insurance Corporation of India ranges between ₹8,663 per month to ₹9,627 per month in Mumbai. The take-home salary calculation is based on the average Life Insurance Corporation of India Back Office Assistant salary in India which ranges between ₹1.0 Lakhs to ₹2.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Back Office Assistant at Life Insurance Corporation of India in Mumbai?
According to AmbitionBox, 50% of the Life Insurance Corporation of India Back Office 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 Back Office Assistant salary in Mumbai ranges between ₹1 Lakh to ₹2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.