Life Insurance Corporation of India FAQ

Pros

End Work Sharp on the dot.

Cons

No aws/bonus/medical and leave benefits are bare minimum coming from an insurance company. Salary is below industry standard as well as expected to handle multiple roles for the same pay Run by expats who assume the c - title but are no more then managers or junior assistant managers back in India headquarters. Completely clueless about how to run a company. Lack of proper personal such as Hr/Operations/compliance. Hiring people with little or no qualification for specific roles. Clueless and not willing to learn about local business norms and procedures. Management uses company funds for their own personal benefits. Indian expats look down on local staff.

Pros

Good payment structure, helpful seniors, good benefit structures and health coverage.

Cons

Involves direct sales which can be tiring at times, 70% is field work and 30% office work.

Pros

Flexibility and freedom to work Training and development opportunities Additional income Increased financial literacy Attractive benefits such as hereditary commission, gratuity, medical insurance, free group insurance, free telephone, free stationary, computer advance, mobile & laptop advance, car/ scooter advance, housing advance, club membership, international recognition by way of MDRT, reimbursement of travel & stay charges for conventions by air or rail, and various other benefits.

Cons

not specifically but sometimes get more calls from managements to close the targets.

Advice to Management

need to upgrade little with respect to new technologies and marketing strategies

Pros

Good payment structure, helpful seniors, good benefit structures and health coverage.

Cons

Involves direct sales which can be tiring at times, 70% is field work and 30% office work.

Pros

Best at life insurance plans and schemes

Cons

Some times it hard to advice plans as other companies offer those at low interest