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4.4

based on 1.8k Reviews

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Procurement & Supply Chain

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Life Insurance Corporation of India Procurement & Supply Chain Department Salaries in Mumbai

based on 3 latest salaries
Designation Avg Annual Salary Open Jobs
0 - 4 years exp. · Mumbai (3 salaries)
unlock blur

₹1.1 L/yr - ₹1.2 L/yr

Last Updated: 16 Mar, 2023

Salary related reviews for Life Insurance Corporation of India

Procurement & Supply Chain Department

5.0
  •  posted on 11 Oct 2017

5.0
 for  Salary and Benefits

Likes

...ING PERIOD WITH THE ORGANISATION. TEAM-MATES AND EMPLOYEES ARE VERY COOPERATIVE. SALARY IS GOOD IN THE INDUSTRY. OFFICE ATMOSPHERE IS VERY FRIENDLY.

read more
  • Salary - Excellent
    +4 more

Dislikes

In respect to dislike about working with LIC OF INDIA IS it's service rule for DEVELOPMENT OFFICERS.

  • Job security - Poor

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

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.

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Average annual salary in Procurement & Supply Chain department at Life Insurance Corporation of India , Mumbai is INRunlock blur . Salary estimates are based on 3 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.

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