Life Insurance Corporation of India Office Administrator Salaries by 2 Employees

4 - 5 years exp.

₹2 Lakhs - ₹2.5 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 13 Apr 2023

Companies similar to Life Insurance Corporation of India for Office Administrator

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Office Administrator Salary 0 - 6 years exp. (6 salaries)	₹1.8 L/yr - ₹3.2 L/yr At par
ICICI Prudential Life Insurance Office Administrator Salary 1 - 5 years exp. (5 salaries)	₹1.2 L/yr - ₹3.5 L/yr 13% less
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Reliance Nippon Life Insurance Office Administrator Salary 0 - 5 years exp. (5 salaries)	₹1.2 L/yr - ₹2 L/yr 26% less
Bajaj Allianz General Insurance Office Administrator Salary 1 - 4 years exp. (4 salaries)	₹1.1 L/yr - ₹2.6 L/yr 8% less
Star Health & Allied Insurance Office Administrator Salary 2 - 10 years exp. (4 salaries)	₹3 L/yr - ₹3.7 L/yr 50% more
The New India Assurance Co. Office Administrator Salary 1 - 4 years exp. (3 salaries)	₹1.1 L/yr - ₹1.5 L/yr 44% less
SBI Life Insurance Company Office Administrator Salary 0 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹3.8 L/yr 37% more

Office Administrator salary at Life Insurance Corporation of India ranges between ₹2 Lakhs to ₹2.5 Lakhs per year for employees with experience between 4 years to 5 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

5.0

Rated by 1 employees for salary & benefits

Data Entry Operator in Patna

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

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.

Administration Assistant in Ghatal

Kgp Department

5.0

• posted on 29 May 2021

5.0

for Salary and Benefits

Likes

...k life balance. Only disturbing thing is posting. You can't get transfer easily. Salary is much Impressive🤩. I just love my organization.

Salary - Excellent

+5 more

Dislikes

Nothing at all.

Computer Operator in Lucknow

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 .

Job security - Excellent

+3 more

Dislikes

Salary - Poor
Skill development - Poor

+1 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

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Life Insurance Corporation of India Office Administrator Salary FAQs

How the salary growth look like for a Office Administrator at Life Insurance Corporation of India in India?

The salary growth for a Office Administrator at Life Insurance Corporation of India depends on factors such as experience, performance, and promotions. On average, a Office Administrator can expect the following growth trajectory at Life Insurance Corporation of India:

Experience	Average Salary Range
4 years	₹1.5 Lakhs to ₹4.0 Lakhs per year
5 years	₹1.5 Lakhs to ₹4.0 Lakhs per year

and so on.

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Life Insurance Corporation of India Office Administrator Salaries

Life Insurance Corporation of India Office Administrator salary in India ranges between ₹2 Lakhs to ₹2.5 Lakhs. This is an estimate based on latest salaries received from employees of Life Insurance Corporation of India.