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Life Insurance Corporation of India Officer salaries in India (Updated 2025)

Annual salary range
0 - 9 years exp.
₹1.3 Lakh - ₹3.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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61% less than the average Officer Salary in Insurance Companies for 0 - 9 years of experience

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Salaries in different departments

Engineering - Software & QA
Officer Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.4 L/yr

Finance & Accounting
Officer Salary
Fresher (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.5 L/yr

Last Updated: 27 Feb 2025

Companies similar to Life Insurance Corporation of India for Officer

Company name Avg Annual Salary Open Jobs
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HDFC Life Officer Salary

3 - 7 years exp. (6 salaries)

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₹2.2 L/yr - ₹3.6 L/yr

arrow icon 59% more
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₹3 L/yr - ₹3.9 L/yr

arrow icon 84% more
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SBI Life Insurance Company Officer Salary

0 - 10 years exp. (4 salaries)

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₹2.5 L/yr - ₹4 L/yr

arrow icon 60% more
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Max Life Insurance Officer Salary

2 - 15 years exp. (3 salaries)

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₹2.8 L/yr - ₹12 L/yr

arrow icon 217% more
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Bajaj Allianz Life Insurance Officer Salary

2 - 12 years exp. (5 salaries)

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₹1.2 L/yr - ₹2.8 L/yr

arrow icon 16% more
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Kotak Mahindara Life Insurance Officer Salary

0 - 11 years exp. (6 salaries)

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₹3 L/yr - ₹4.5 L/yr

arrow icon 95% more
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₹1.8 L/yr - ₹6.2 L/yr

arrow icon 79% more
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Tata AIA Life Insurance Officer Salary

3 - 7 years exp. (14 salaries)

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₹2.8 L/yr - ₹4.9 L/yr

arrow icon 101% more
2 job openings
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Star Health & Allied Insurance Officer Salary

0 - 6 years exp. (242 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 34% more
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₹1.2 L/yr - ₹2.6 L/yr

arrow icon 12% more
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₹1.2 L/yr - ₹3.2 L/yr

arrow icon 25% more
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HDFC Ergo General Insurance Officer Salary

0 - 7 years exp. (9 salaries)

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₹2.9 L/yr - ₹3.2 L/yr

arrow icon 54% more
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₹1.1 L/yr - ₹5.5 L/yr

arrow icon 76% more
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National Insurance Company Officer Salary

2 - 8 years exp. (4 salaries)

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₹3.8 L/yr - ₹11 L/yr

arrow icon 330% more
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The Oriental Insurance Co. Officer Salary

1 - 2 years exp. (3 salaries)

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₹1.3 L/yr - ₹2 L/yr

arrow icon 19% less
Officer salary at Life Insurance Corporation of India ranges between ₹1.3 Lakh to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 3 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Officer

2d ago
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9 years exp.
8mo ago
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8 years exp.

Experience wise Life Insurance Corporation of India Officer salaries

Last Updated: 27 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
8 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹1.4 L/yr
9 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹1.4 L/yr
Life Insurance Corporation of India Officer Salary and Career Growth

From

To

Officer

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0 - 9 years exp.

Branch Manager

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15 - 31 years exp.

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

Senior Engineer Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
Deputy Manager Salary
(5 salaries)
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₹2.35 L/yr - ₹9.28 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
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₹4.5 L/yr - ₹30 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr
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Salary related reviews for Life Insurance Corporation of India

5.0

Rated by 3 employees for salary & benefits

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.

read more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 31 Oct 2022

4.0
 for  Salary and Benefits

Likes

Daispora of LICI. Salary and Perks. Free to work.

  • Salary - Good
  • +1 more

Dislikes

No job security at ADO/PDO post. Work life balance (what is it ?). Forget about help from colleague. If you are from sound and wealthy background just dive in.

read more
  • Job security - Bad
  • +4 more
see more salary related reviews

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Life Insurance Corporation of India Officer Salary FAQs

What is the notice period for Officer at Life Insurance Corporation of India?
According to AmbitionBox, 100% of the Life Insurance Corporation of India Officers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Officer salary in India ranges between ₹1.3 Lakh to ₹3.2 Lakhs with an average annual salary of ₹unlock 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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