Life Insurance Corporation of India Software Developer Salaries by 3 Employees (Updated 2025)

2 - 8 years exp.

₹1.1 Lakh - ₹12 Lakhs

Low Confidence

Salary of majority employees

At par with the average Software Developer Salary in Insurance Companies for 2 - 8 years of experience

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Last Updated: 25 May 2024

Companies similar to Life Insurance Corporation of India for Software Developer

Company name	Avg Annual Salary	Open Jobs
HDFC Life Software Developer Salary 0 - 6 years exp. (16 salaries)	₹4.3 L/yr - ₹15.2 L/yr 36% more
ICICI Prudential Life Insurance Software Developer Salary 2 - 6 years exp. (6 salaries)	₹5 L/yr - ₹9.5 L/yr 21% more
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SBI Life Insurance Company Software Developer Salary 0 - 3 years exp. (9 salaries)	₹2.4 L/yr - ₹6 L/yr 29% less
Bajaj Allianz Life Insurance Software Developer Salary 2 - 5 years exp. (15 salaries)	₹4 L/yr - ₹9.2 L/yr 7% less
Tata AIA Life Insurance Software Developer Salary 3 - 5 years exp. (7 salaries)	₹5.6 L/yr - ₹12.9 L/yr 36% more
Aditya Birla Sun Life Insurance Software Developer Salary 2 - 7 years exp. (4 salaries)	₹4.2 L/yr - ₹37 L/yr 87% more
Principal Global Services Software Developer Salary 1 - 6 years exp. (95 salaries)	₹6.6 L/yr - ₹13.1 L/yr 52% more
HDFC Ergo General Insurance Software Developer Salary 1 - 5 years exp. (83 salaries)	₹6 L/yr - ₹13 L/yr 2% more
ICICI Lombard General Insurance Company Software Developer Salary 0 - 3 years exp. (45 salaries)	₹3.5 L/yr - ₹12.2 L/yr 3% more
Bajaj Allianz General Insurance Software Developer Salary 0 - 5 years exp. (45 salaries)	₹3 L/yr - ₹8.5 L/yr 28% less
Star Health & Allied Insurance Software Developer Salary 1 - 4 years exp. (11 salaries)	₹8.5 L/yr - ₹17.8 L/yr 40% more
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Allianz Software Developer Salary 3 - 5 years exp. (10 salaries)	₹3 L/yr - ₹11.3 L/yr 11% less
Gallagher Software Developer Salary 0 - 3 years exp. (6 salaries)	₹2.4 L/yr - ₹8.2 L/yr 19% less
Aditya Birla Health Insurance Co Software Developer Salary 2 - 5 years exp. (6 salaries)	₹4.4 L/yr - ₹12 L/yr 8% more
AXA Software Developer Salary 2 - 6 years exp. (6 salaries)	₹5 L/yr - ₹9.1 L/yr 5% more
AIG Software Developer Salary 3 - 7 years exp. (6 salaries)	₹5.2 L/yr - ₹14.8 L/yr 52% more
Care Health Insurance Software Developer Salary 0 - 3 years exp. (6 salaries)	₹6 L/yr - ₹8.7 L/yr 7% less
Cholamandalam MS General Insurance Software Developer Salary 0 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹4.3 L/yr 52% less

Software Developer salary at Life Insurance Corporation of India ranges between ₹1.1 Lakh to ₹12 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Life Insurance Corporation of India.

Experience wise Life Insurance Corporation of India Software Developer salaries

Last Updated: 25 May 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1 L/yr - ₹1.3 L/yr
4 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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8 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr

Similar Designation salaries in Life Insurance Corporation of India

Software Engineer Salary

(3 salaries)

₹4.5 L/yr - ₹30 L/yr

Web Developer Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Team Lead Salary

(17 salaries)

₹1.4 L/yr - ₹4 L/yr

Senior Associate Salary

(4 salaries)

₹2.5 L/yr - ₹6 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Associate Software Engineer Salary

(3 salaries)

₹3 L/yr - ₹12 L/yr

Salary related reviews for Life Insurance Corporation of India

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.

Development Officer in Birbhum

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.

Job security - Bad

+4 more

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Life Insurance Corporation of India Software Developer Salaries

Life Insurance Corporation of India Software Developer salary in India ranges between ₹1.1 Lakh to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.

Life Insurance Corporation of India Software Developer salaries in India

Companies similar to Life Insurance Corporation of India for Software Developer

Latest annual salaries shared by Life Insurance Corporation of India Software Developer

Experience wise Life Insurance Corporation of India Software Developer salaries

Similar Designation salaries in Life Insurance Corporation of India

Salary related reviews for Life Insurance Corporation of India

Advisor in Kulgam

Development Officer in Hyderabad / Secunderabad

Development Officer in Mumbai

Insurance Adviser in Suryapet

Development Officer in Birbhum

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