Life Insurance Corporation of India Management Trainee Salaries by 2 Employees (Updated 2025)

1 - 2 years exp.

₹1.4 Lakh - ₹1.8 Lakh

Low Confidence

Salary of majority employees

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Last Updated: 19 May 2024

Companies similar to Life Insurance Corporation of India for Management Trainee

Company name	Avg Annual Salary	Open Jobs
HDFC Life Management Trainee Salary 0 - 3 years exp. (141 salaries)	₹4.8 L/yr - ₹15 L/yr 515% more
ICICI Prudential Life Insurance Management Trainee Salary 0 - 2 years exp. (314 salaries)	₹4 L/yr - ₹9.6 L/yr 318% more
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SBI Life Insurance Company Management Trainee Salary 0 - 2 years exp. (37 salaries)	₹3.5 L/yr - ₹10.5 L/yr 397% more
Max Life Insurance Management Trainee Salary 0 - 4 years exp. (15 salaries)	₹16 L/yr - ₹22 L/yr 1189% more
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 6 years exp. (34 salaries)	₹3 L/yr - ₹10.5 L/yr 299% more
Kotak Mahindara Life Insurance Management Trainee Salary 0 - 2 years exp. (172 salaries)	₹2.7 L/yr - ₹6.5 L/yr 134% more
Reliance Nippon Life Insurance Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 80% more
Tata AIA Life Insurance Management Trainee Salary 0 - 4 years exp. (46 salaries)	₹5 L/yr - ₹20 L/yr 613% more
PNB MetLife Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹6 L/yr - ₹7 L/yr 278% more
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 1 year exp. (13 salaries)	₹7 L/yr - ₹15 L/yr 490% more
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (153 salaries)	₹3.7 L/yr - ₹12 L/yr 418% more
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Bajaj Allianz General Insurance Management Trainee Salary 0 - 3 years exp. (76 salaries)	₹5.4 L/yr - ₹9.5 L/yr 394% more
Cholamandalam MS General Insurance Management Trainee Salary 0 - 1 year exp. (15 salaries)	₹3.5 L/yr - ₹8 L/yr 239% more
Allianz Partners Management Trainee Salary 0 - 7 years exp. (13 salaries)	₹2.7 L/yr - ₹4.7 L/yr 145% more
Aditya Birla Health Insurance Co Management Trainee Salary 0 - 1 year exp. (10 salaries)	₹3 L/yr - ₹12 L/yr 383% more
HDFC Ergo General Insurance Management Trainee Salary 0 - 1 year exp. (8 salaries)	₹13.2 L/yr - ₹19 L/yr 841% more
Shriram Life Insurance Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹2 L/yr - ₹10 L/yr 251% more
AON Global Insurance Brokers Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹6 L/yr - ₹10.5 L/yr 409% more
AXA Management Trainee Salary 2 - 3 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 531% more
Care Health Insurance Management Trainee Salary Fresher (4 salaries)	₹1 L/yr - ₹8 L/yr 197% more

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Management Trainee salary at Life Insurance Corporation of India ranges between ₹1.4 Lakh to ₹1.8 Lakh per year for employees with experience between 1 year to 2 years. Salary estimates are based on 2 latest salaries received from various employees of Life Insurance Corporation of India.

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Salary related reviews for Life Insurance Corporation of India

Finance Executive in Udaipur

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.

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.

Salary - Poor

+3 more

Advisor in Kulgam

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

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.

Skill development - Poor

+2 more

Development Officer in Hyderabad / Secunderabad

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

Promotions - Poor

Development Officer in Mumbai

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.

Skill development - Poor

+5 more

Insurance Adviser in Suryapet

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.

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.

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I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Life Insurance Corporation of India Management Trainee Salary FAQs

What is the notice period for Management Trainee at Life Insurance Corporation of India?

According to AmbitionBox, 100% of the Life Insurance Corporation of India Management Trainees reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Management Trainee Salaries

Life Insurance Corporation of India Management Trainee salary in India ranges between ₹1.4 Lakh to ₹1.8 Lakh. This is an estimate based on latest salaries received from employees of Life Insurance Corporation of India.