Life Insurance Corporation of India Reviews | Glassdoor.co.in

Life Insurance Corporation of India Reviews

Updated Oct 4, 2019

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Found 302 reviews

4.2
StarStarStarStarStar
Rating TrendsRating Trends
80%
Recommend to a Friend
99%
Approve of CEO
Life Insurance Corporation of India CEO Shri Thomas Mathew (no image)
Shri Thomas Mathew
71 Ratings
Pros
Cons
  • "no cons all is good no minus points(in 8 reviews)

  • "Forcing employees like Development officers to digest unethical market practices of their agents(in 8 reviews)

More Pros and Cons
  1. "Lic agent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Insurance Agent in Bagaha
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Life Insurance Corporation of India full-time for more than a year

    Pros

    I love my job and

    Cons

    Very much challenge and struggle

    Continue reading
    Life Insurance Corporation of India2019-10-05
  2. "Development Officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Development Officer in Vellore
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Life Insurance Corporation of India full-time for more than 10 years

    Pros

    JOB security, encouragement for innovation,

    Cons

    Promotion Policy, Bureaucracy , extended work hours, Pressure from Union

    Life Insurance Corporation of India2019-09-27
  3. "Greatest Job in the whole world."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Life Insurance Corporation of India full-time for more than 8 years

    Pros

    You can earn as much as you work.

    Cons

    Some luck factor also works here.

    Life Insurance Corporation of India2019-09-12
  4. "Good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Nice environment, good for freshers.

    Cons

    Long hours, lack of growth.

    Life Insurance Corporation of India2019-09-10
  5. "Good job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Assistant in Jaipur, Rajasthan
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Life Insurance Corporation of India full-time for less than a year

    Pros

    Good job, fixed working hour, good salary

    Cons

    Slow permoson, office quality avrage

    Continue reading
    Life Insurance Corporation of India2019-09-23
  6. "Salary wise"

    StarStarStarStarStar
    Former Employee - Assistant in Patna Rural

    I worked at Life Insurance Corporation of India full-time

    Pros

    Good salary and work life balance

    Cons

    Doesn't have CPC and slow promotion

    Continue reading
    Life Insurance Corporation of India2019-09-18
  7. "Assistant Administrative Officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Assistant Administrative Officer in Solapur
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Life Insurance Corporation of India full-time for more than 3 years

    Pros

    1. Working hours are less (8 hours per day) 2. Job security 3. Colleagues are helpful 4. Subsidised auto/home loans

    Cons

    1. Growth is very slow 2. Entry level salary is good but it does not increase in proportion with your friends in private sector 3. Performance linked bonus is negligible as compared to other companies 4. You see many undeserving people earning more than you and you cannot do anything about it 5. There are different unions in organisation that hinder the growth of organisation and also of good employees.

    Continue reading
    Life Insurance Corporation of India2019-09-12
  8. "Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Negative Outlook
    No opinion of CEO

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

    Pros

    Job security but less work

    Cons

    Poor promotion policy for new aspirants, worthy and unworthy on same plate

    Continue reading
    Life Insurance Corporation of India2019-08-31
  9. "Working as LIC Agent. It’s been 9 years now."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Life Insurance Agent in Chittoor

    I have been working at Life Insurance Corporation of India part-time for more than 8 years

    Pros

    All products are good. Flexible targets. Pays in time.

    Cons

    Nothing cons, I like the company. But Agents will be Agents for life

    Continue reading
    Life Insurance Corporation of India2019-08-14
  10. "Branch Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Branch Manager in Hyderābād
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Life Insurance Corporation of India full-time for more than 10 years

    Pros

    Public sector company, largest insurer in the world

    Cons

    Average age crossed 50, need fresh blood to serve the millenials .

    Continue reading
    Life Insurance Corporation of India2019-08-25
Found 302 reviews