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4.4

based on 1.8k Reviews

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Life Insurance Corporation of India Salaries in Kolkata

based on 300 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Marketing & Communication + 6 more
Designation Avg Annual Salary Open Jobs
1 - 16 years exp. · Kolkata (41 salaries)
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₹0.5 L/yr - ₹6 L/yr

1 - 18 years exp. · Kolkata (38 salaries)
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₹1 L/yr - ₹5 L/yr

0 - 10 years exp. · Kolkata (30 salaries)
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₹3.8 L/yr - ₹10 L/yr

1 - 10 years exp. · Kolkata (22 salaries)
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₹0.7 L/yr - ₹4.1 L/yr

Starting your career? Discover Life Insurance Corporation of India fresher salaries in India
0 - 7 years exp. · Kolkata (12 salaries)
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₹1.3 L/yr - ₹3 L/yr

2 - 10 years exp. · Kolkata (8 salaries)
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₹1.1 L/yr - ₹3.6 L/yr

0 - 8 years exp. · Kolkata (7 salaries)
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₹1.2 L/yr - ₹3 L/yr

2 - 10 years exp. · Kolkata (6 salaries)
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₹2 L/yr - ₹4.6 L/yr

28 - 33 years exp. · Kolkata (6 salaries)
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₹12 L/yr - ₹13 L/yr

10 - 14 years exp. · Kolkata (5 salaries)
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₹3 L/yr - ₹4.6 L/yr

1 - 4 years exp. · Kolkata (4 salaries)
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₹1 L/yr - ₹2.5 L/yr

8 - 31 years exp. · Kolkata (4 salaries)
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₹9.9 L/yr - ₹16.1 L/yr

18 - 31 years exp. · Kolkata (4 salaries)
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₹13 L/yr - ₹26 L/yr

2 - 15 years exp. · Kolkata (4 salaries)
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₹1.5 L/yr - ₹4 L/yr

2 - 5 years exp. · Kolkata (4 salaries)
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₹0.6 L/yr - ₹1.2 L/yr

5 - 8 years exp. · Kolkata (4 salaries)
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₹2.2 L/yr - ₹3.1 L/yr

24 - 26 years exp. · Kolkata (4 salaries)
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₹3.6 L/yr - ₹6.5 L/yr

2 - 3 years exp. · Kolkata (3 salaries)
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₹1.2 L/yr - ₹3 L/yr

2 - 10 years exp. · Kolkata (3 salaries)
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₹1.4 L/yr - ₹5.1 L/yr

3 - 4 years exp. · Kolkata (3 salaries)
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₹3 L/yr - ₹6 L/yr

Last Updated: 25 Jan, 2025

Salary related reviews for Life Insurance Corporation of India

4.1

Rated by 92 employees for salary & benefits

Other Department

5.0
  •  posted on 11 Aug 2021

5.0
 for  Salary and Benefits

Likes

...leagues are supportive. Company policy is good. There remains a bright future. Attractive pay scales. Attractive wage revision in every five years.

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  • Salary - Excellent
    +6 more

Dislikes

Sometimes management does not address our issues.

FINANCE Department

5.0
  •  posted on 27 Aug 2018

5.0
 for  Salary and Benefits

Likes

LICI is a psu organisation and I got an opportunity through competative examination in a higher grade salary fixation due to my past service in INDIAN AIR FORCE . Working environment in LICI is absolutly different than any other organisation as it entrust the employees performation and their skillness to explore themselves independantly however guideline is there and all the employees are guided by the seniors and experienced officers. Apart from the technical point in the working field employees are given adequate training in their respective working parameter. All together the employees are promoted as per their excellancy and assessment round the years. Salary is more than expectation and every after 5 yrs. it is revised. All other facilities on retirement is as per GOVT. rules( Central Govt. ) Now , let me say about work culture which is your own alongwith all other employees where cooperation , coordination and accomplition is interlinked just like as internate. Innovation is your own as per the employees thought and freedom to work independantly. I DO HAVE 24 YRS. OF PRESENT EXPERIENCE ( LICI) THAT IS MY ASSET AND I DO BELIEVE THAT MY EXPERIENCE PAST ( I.A.F.)AND PRESENT = 15 + 24 = 39 YRS. IS MORE THAN SUFFICIENT TO HANDLE ANY SITUATIONS IN ANY ORGANISATION MAY BE TECHNICAL / OR/OFFICE ADMINISTRATION IN FINANCE OR HR DEPARTMENT OR CUSTOMER ORIENTED JOB. BEING A RETIRED DEFENCE AND GOVERNMENT SERVICE, RENDERED BY ME IN MY WHOLE LIFE I CAN ASSURE ANY CHALLENGING JOB I CAN ACCEPT PROVIDED ADEQUATE OFFER AND FACILITIES IF PROVIDED TO MY HONOUR.

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  • Salary - Excellent
    +6 more

Dislikes

IN ALL RESPECT IT IS EXCELLENT AND MORE THAN MY EXPECTATION.

Teaching & Training Department

4.0
  •  posted on 18 Jun 2020

5.0
 for  Salary and Benefits

Likes

Good people, helpful seniors, good salary, help in skill development

  • Salary - Excellent
    +4 more

Dislikes

Direct recruit and promotee divide.....preferential treatment to direct recruit officers.....perhaps coporate policy. In the marketing side there is imbalance in work-life.

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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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  • 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
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Life Insurance Corporation of India interview questions by designations

Life Insurance Corporation of India Salary FAQs

How much does Life Insurance Corporation of India pay per year?
The average Life Insurance Corporation of India salary ranges from approximately ₹0.4 Lakh to ₹1.8 Lakh per year for a Customer Support Executive and ₹14 Lakhs to ₹35 Lakhs per year for a Senior Business Associate. Salary estimates are based on 300 Life Insurance Corporation of India salaries received from various employees of Life Insurance Corporation of India. Life Insurance Corporation of India employees rate the overall salary and benefits package 4.1/5 stars.
What is the highest salary in Life Insurance Corporation of India?
The highest-paying job at Life Insurance Corporation of India is a Senior Business Associate with a salary of ₹14 Lakhs to ₹35 Lakhs per year. The top 10% of employees earn more than ₹9.29 lakhs per year. The top 1% earn more than a whopping ₹30 lakhs per year.
What is the minimum salary in Life Insurance Corporation of India?
Minimum salary at Life Insurance Corporation of India depends on the role you are applying for. For Office Assistant the minimum salary is ₹0.5 Lakh to ₹4.5 Lakhs per year, and for Agent Advisor the minimum salary is ₹0.7 Lakh to ₹5 Lakhs per year and so on.
What is the salary package for freshers in Life Insurance Corporation of India?
The average salary at Life Insurance Corporation of India for freshers varies from ₹1.2 Lakh to ₹1.9 Lakh per year for Telecalling Executive and ₹4.6 Lakhs to ₹8.5 Lakhs per year for Development Officer.
What is the notice period at Life Insurance Corporation of India in Kolkata?
According to AmbitionBox, 52% of the Life Insurance Corporation of India employees in Kolkata reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 232 responses on AmbitionBox in last 2 years.

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Average annual salary in Life Insurance Corporation of India , Kolkata is INRunlock blur . Salary estimates are based on 300 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.

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