Life Insurance Corporation of India Reviews | Glassdoor

Life Insurance Corporation of India Reviews

Updated February 26, 2017
196 reviews

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Full-time Part-time

4.0
Star Star Star Star Star
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Shri Thomas Mathew
22 Ratings

196 Employee Reviews

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Pros
  • Warm colleagues ,good client base,time management,effective system,good salary,food and health insurance for family (in 5 reviews)

  • Since it is a corruption free corpn (in 4 reviews)

Cons
  • Requires much patience and hard work (in 4 reviews)

  • there are no cons as LIC OF INDIA is flawless (in 4 reviews)

More Pros and Cons

  1. "It is good company for recent college graduates."

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Lot of opportunities to advance.

    Cons

    Lack of training . Only self starters have chance to advance rapidly


  2. "Good"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Mumbai (India)
    Former Employee - Anonymous Employee in Mumbai (India)
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Decent salary. Supportive management. I was posted at good location so that was a plus. Stepping stone for your career kind of job.

    Cons

    The management at the branch dont have adequate knowledge or info if you ask them for any also there is lack of information as to how the training process would proceed.

    Advice to Management

    Be more supportive and have lots of training sessions with the ado and also include lots of practical training. BM needs to be more supportive.


  3. Helpful (1)

    "over all good"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    good salary, good environment, educated staff

    Cons

    high pressure, low awareness, working atmosphere is very busy, required more staff

    Advice to Management

    Recruit more permanent staff


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Administrative officer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrative in Varanasi (India)
    Current Employee - Administrative in Varanasi (India)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Life Insurance Corporation of India full-time (More than 10 years)

    Pros

    Corruption free organisation. Fully financed by Central government Job security. Additional support like mediclaim quarters housing loan guesthouses in all important places in India subsidised loans retirement benefits etc

    Cons

    Salary not matching for high qualifications

    Advice to Management

    None


  6. "LIC"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Organized Trade Union is the strength

    Cons

    Insensitive management is the weakness

    Advice to Management

    HR should be in real sense


  7. "Insurance advisor"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Life Insurance Corporation of India part-time

    Pros

    Selling life insurance products
    Unlimited income
    Attractive commission
    Good allowances

    Cons

    Good earnings
    Unlimited income
    Flexible time
    Attractive commission


  8. "good money and chance to be your own boss"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Mumbai (India)
    Former Employee - Financial Advisor in Mumbai (India)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Life Insurance Corporation of India (More than 3 years)

    Pros

    Earn as much as you want

    Cons

    a to z work is to be decided by you

    Advice to Management

    na


  9. Helpful (1)

    "Job at LIC"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Divisional Manager in Patna, Bihar (India)
    Current Employee - Divisional Manager in Patna, Bihar (India)
    Recommends

    I have been working at Life Insurance Corporation of India full-time

    Pros

    Best place to be in afa Indian insurance sector.

    Cons

    None so far excepting that promotions time span has gone up.

    Advice to Management

    Manpower planning deserves a serious relook - aspiration management is critical to employee loyalty , the real strength of the organisation so far.


  10. "Its exciting to be an employee of reputable LIC INDIA"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Agent in Bengaluru (India)
    Current Employee - Agent in Bengaluru (India)
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Life Insurance Corporation of India full-time (Less than a year)

    Pros

    Warm colleagues ,good client base,time management,effective system,good salary,food and health insurance for family . Effective commissions and service with employees .

    Cons

    Hard work,less time,low investors, quick responds, up to date ,crm maintaining,fraud managing, large amount of travels, 7 day work.


  11. "Good"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Salary and Time for yourself

    Cons

    No cons in mind as of now

    Advice to Management

    No



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