Life Insurance Corporation of India Process Associate Salaries by Employees (Updated 2025)

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₹2 Lakhs - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 14 Mar 2023

Companies similar to Life Insurance Corporation of India for Process Associate

Company name	Avg Annual Salary	Open Jobs
HDFC Life Process Associate Salary 0 - 4 years exp. (26 salaries)	₹1.5 L/yr - ₹3.1 L/yr 3% less
ICICI Prudential Life Insurance Process Associate Salary 1 - 6 years exp. (11 salaries)	₹2.5 L/yr - ₹6 L/yr 57% more
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SBI Life Insurance Company Process Associate Salary 1 - 5 years exp. (12 salaries)	₹1.2 L/yr - ₹3.5 L/yr 11% more
Max Life Insurance Process Associate Salary 1 - 6 years exp. (12 salaries)	₹2 L/yr - ₹3 L/yr 13% more
Bajaj Allianz Life Insurance Process Associate Salary 4 - 7 years exp. (4 salaries)	₹1.2 L/yr - ₹5.8 L/yr 51% more
Kotak Mahindara Life Insurance Process Associate Salary 2 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹4 L/yr 2% more
Aditya Birla Sun Life Insurance Process Associate Salary 1 - 4 years exp. (5 salaries)	₹2.6 L/yr - ₹4.7 L/yr 59% more
Gallagher Process Associate Salary 0 - 4 years exp. (1.4k salaries)	₹1.1 L/yr - ₹6 L/yr 31% more
Allianz Partners Process Associate Salary 0 - 5 years exp. (61 salaries)	₹3.2 L/yr - ₹6.4 L/yr 113% more	1 job opening
Principal Global Services Process Associate Salary 1 - 8 years exp. (23 salaries)	₹2.5 L/yr - ₹6 L/yr 96% more
Shriram Life Insurance Process Associate Salary 0 - 5 years exp. (10 salaries)	₹1.5 L/yr - ₹2.5 L/yr 10% less
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ICICI Lombard General Insurance Company Process Associate Salary 0 - 6 years exp. (10 salaries)	₹1.8 L/yr - ₹3 L/yr 8% more
HDFC Ergo General Insurance Process Associate Salary 1 - 6 years exp. (7 salaries)	₹2.6 L/yr - ₹5 L/yr 41% more
Allianz Process Associate Salary 2 - 8 years exp. (6 salaries)	₹3.5 L/yr - ₹4.2 L/yr 71% more
AIG Process Associate Salary 1 - 4 years exp. (6 salaries)	₹3 L/yr - ₹4.5 L/yr 62% more
AON Global Insurance Brokers Process Associate Salary 1 - 4 years exp. (4 salaries)	₹1.5 L/yr - ₹2.4 L/yr 16% less
Bajaj Allianz General Insurance Process Associate Salary 1 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹4.2 L/yr 30% more
AXA Process Associate Salary 0 - 4 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 59% more
Star Health & Allied Insurance Process Associate Salary 0 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹3.2 L/yr 14% more
Cholamandalam MS General Insurance Process Associate Salary 2 - 9 years exp. (3 salaries)	₹1.5 L/yr - ₹2 L/yr 28% less

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Process Associate salary at Life Insurance Corporation of India ranges between ₹2 Lakhs to ₹2.5 Lakhs per year for employees with 7 years of experience. Salary estimates are based on 1 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

Finance Executive in Udaipur

BFSI, Investments & Trading Department

5.0

• posted on 10 May 2018

2.0

for Salary and Benefits

Likes

...d Pratapgarh branch in post financial services executive Banccassurence channel.its company no job security and no career growth, and no salary enough,. This company good work environment and innovation.

Skill development - Excellent

+2 more

Dislikes

The Lic of India a big company insurance sector but no job security and life . The Lic of India a chitting company for employee because a large employee selections contractual basis employee and any time works out in company.

Salary - Poor

+3 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

Development Officer in Mumbai

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.

Skill development - Poor

+5 more

Insurance Adviser in Suryapet

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.

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 Process Associate Salaries

Life Insurance Corporation of India Process Associate 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.

Life Insurance Corporation of India Process Associate salaries in India

Companies similar to Life Insurance Corporation of India for Process Associate

Similar Designation salaries in Life Insurance Corporation of India

Salary related reviews for Life Insurance Corporation of India

Finance Executive in Udaipur

Advisor in Kulgam

Development Officer in Hyderabad / Secunderabad

Development Officer in Mumbai

Insurance Adviser in Suryapet

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