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Life Insurance Corporation of India Operations Executive salaries in Palakkad

Annual salary range
5 - 8 years exp.
₹2.7 Lakhs - ₹3.5 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.
Avg. annual salary (AmbitionBox Estimate)
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This is an estimate of the average salary for this position. The actual salary may differ.
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Monthly In-hand Salary

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Last Updated: 31 Oct 2024

Companies similar to Life Insurance Corporation of India for Operations Executive in Palakkad

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Life Insurance Corporation of India Operations Executive Salary

5 - 8 years exp. (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr

vs
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₹3.3 L/yr - ₹3.8 L/yr

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Operations Executive salary at Life Insurance Corporation of India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 2 latest salaries received from various employees of Life Insurance Corporation of India.
Life Insurance Corporation of India Operations Executive Salary and Career Growth

From

To

Operations Executive

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5 - 8 years exp.

Administration Manager

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25 - 32 years exp.

Operations Executive

5 - 8 years exp.
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Assistant Administrative Officer

4 - 15 years exp.
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arrow icon 400% hike

Administration Officer

9 - 31 years exp.
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arrow icon 23% 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.

Salary related reviews for Life Insurance Corporation of India

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

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  • Salary - Excellent
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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.

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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

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  • 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
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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

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  • Promotions - Poor

Full Time

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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.

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  • Skill development - Poor
  • +5 more

Full Time

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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.

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  • 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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Life Insurance Corporation of India Operations Executive Salary FAQs

How the salary growth look like for a Operations Executive at Life Insurance Corporation of India in Palakkad?
The salary growth for a Operations Executive at Life Insurance Corporation of India in Palakkad depends on factors such as experience, performance, and promotions. On average, a Operations Executive in Palakkad can expect the following growth trajectory at Life Insurance Corporation of India:

Experience Average Salary Range
5 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
8 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
and so on.

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Life Insurance Corporation of India Operations Executive salary in Palakkad ranges between ₹2.7 Lakhs to ₹3.5 Lakhs. This is an estimate based on latest salaries received from employees of Life Insurance Corporation of India.