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Life Insurance Corporation of India Office Assistant salaries in Mumbai (Updated 2025)

Annual salary range
1 - 8 years exp.
₹0.5 Lakh - ₹3.6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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27% less than the average Office Assistant Salary in Insurance Companies for 1 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Office Assistant Salary
1 - 5 years exp. (6 salaries)
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₹0.5 L/yr - ₹2.2 L/yr

Administration & Facilities
Office Assistant Salary
1 - 8 years exp. (4 salaries)
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₹1 L/yr - ₹3.6 L/yr

Marketing & Communication
Office Assistant Salary
1 - 6 years exp. (3 salaries)
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₹1.1 L/yr - ₹1.8 L/yr

BFSI, Investments & Trading
Office Assistant Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹1.2 L/yr - ₹1.9 L/yr

Finance & Accounting
Office Assistant Salary
1 - 4 years exp. (AmbitionBox Estimate)
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₹1.2 L/yr - ₹2 L/yr

View all

Last Updated: 24 Jan 2025

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

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Life Insurance Corporation of India Office Assistant Salary

1 - 8 years exp. (29 salaries)

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₹0.5 L/yr - ₹3.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹0.5 L/yr - ₹2.5 L/yr

arrow icon 27% less
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₹1.2 L/yr - ₹2.2 L/yr

arrow icon 1% more
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₹1.8 L/yr - ₹3 L/yr

arrow icon 6% more
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Torrent Power Office Assistant Salary

1 - 13 years exp. (40 salaries)

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₹2.1 L/yr - ₹6 L/yr

arrow icon 95% more
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Hindustan Petroleum Office Assistant Salary

1 - 7 years exp. (28 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 79% more
Office Assistant salary at Life Insurance Corporation of India ranges between ₹0.5 Lakh to ₹3.6 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 29 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Office Assistant in Mumbai

2mo ago
₹1.1 Lakh
6 years exp.
5mo ago
₹1.2 Lakh
2 years exp.
7mo ago
₹2.2 Lakhs
5 years exp.
8mo ago
₹1.8 Lakh
4 years exp.
1y ago
₹1.5 Lakh
1 year exp.
1y ago
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8 years exp.
1y ago
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3 years exp.
1y ago
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2 years exp.

Experience wise Life Insurance Corporation of India Office Assistant salaries in Mumbai

Last Updated: 24 Jan 2025

Experience Avg Annual Salary
1 year  (8 salaries)

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₹1.1 L/yr - ₹2.5 L/yr
2 years  (7 salaries)

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₹0.5 L/yr - ₹2.2 L/yr
3 years  (4 salaries)

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₹1 L/yr - ₹2.2 L/yr
4 years  (4 salaries)

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₹0.5 L/yr - ₹2 L/yr
5 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2 L/yr
View all
Life Insurance Corporation of India Office Assistant Salary and Career Growth

From

To

Office Assistant

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1 - 8 years exp.

Branch Manager

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15 - 31 years exp.

Office Assistant

1 - 8 years exp.
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Development Officer

0 - 8 years exp.
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arrow icon 362% hike

Assistant Branch Manager

9 - 19 years exp.
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arrow icon 5% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Life Insurance Corporation of India

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₹1 L/yr - ₹4.5 L/yr
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₹1.5 L/yr - ₹2 L/yr

Salary related reviews for Life Insurance Corporation of India

4.4

Rated by 5 employees for salary & benefits

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
  • 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.

read more

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.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Nothing at all.

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
  • Job security - Excellent
  • +3 more

Dislikes

  • Salary - Poor
  • Skill development - Poor
  • +1 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

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.

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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

read more
  • Promotions - Poor
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Life Insurance Corporation of India Office Assistant Salary FAQs

What is the salary of Office Assistant at Life Insurance Corporation of India in Mumbai?
The average salary of a Office Assistant at Life Insurance Corporation of India in Mumbai typically ranges from ₹0.5 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Office Assistant in Mumbai at Life Insurance Corporation of India earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Office Assistant Salaries at Life Insurance Corporation of India can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 20+ Life Insurance Corporation of India employees in India.
What is the estimated take home salary of a Office Assistant at Life Insurance Corporation of India in Mumbai?
The estimated take-home salary of a Office Assistant at Life Insurance Corporation of India in Mumbai typically ranges from ₹11,913 to ₹13,213 per month. This is based on the average salary range of ₹0.5 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 1 year to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of Life Insurance Corporation of India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Life Insurance Corporation of India for Office Assistant in India?
Torrent Power ₹2.1 Lakhs to ₹6.0 Lakhs per year
Hindustan Petroleum ₹1.5 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹1.8 Lakhs to ₹3.0 Lakhs per year
Kotak Mahindara Life Insurance ₹1.2 Lakhs to ₹2.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Life Insurance Corporation of India, depending on the role and experience level.
What is the salary of a Office Assistant in companies similar to Life Insurance Corporation of India in Mumbai?
The salary of a Office Assistant at companies similar to Life Insurance Corporation of India in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Health & Allied Insurance ₹0.5 Lakhs to ₹2.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Office Assistant at Life Insurance Corporation of India in Mumbai?
The salary growth for a Office Assistant at Life Insurance Corporation of India in Mumbai depends on factors such as experience, performance, and promotions. On average, a Office Assistant in Mumbai can expect the following growth trajectory at Life Insurance Corporation of India:

Experience Average Salary Range
1 year ₹1.1 Lakhs to ₹2.5 Lakhs per year
2 years ₹0.5 Lakhs to ₹2.2 Lakhs per year
3 years ₹1.0 Lakhs to ₹2.2 Lakhs per year
4 years ₹0.5 Lakhs to ₹2.0 Lakhs per year
and so on.

Tell us how to improve this page.

Life Insurance Corporation of India Office Assistant salary in Mumbai ranges between ₹0.5 Lakh to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 29 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.