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

Life Insurance Corporation of India Reviews

Updated 27 December 2018
264 reviews

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4.2
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Shri Thomas Mathew
54 Ratings

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Pros
  • "a good work environment, attractive incentive for hard work" (in 9 reviews)

  • "good salary, good environment, educated staff" (in 9 reviews)

Cons
  • "no cons all is good no minus points" (in 7 reviews)

  • "Forcing employees like Development officers to digest unethical market practices of their agents" (in 7 reviews)

More Pros and Cons

  1. "Nice platform to earn in part time"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - LIC Agent In Hyderabad in Hyderabad
    Current Employee - LIC Agent In Hyderabad in Hyderabad
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    My development officer is excellent. He will update each and everything about the new policies. He helps a lot for every agent under him.

    Cons

    Just location difference nothing else

    Advice to Management

    My Management is so good. Please maintain the relationship in future


  2. "good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Development Officer in Sitamarhi
    Former Employee - Development Officer in Sitamarhi
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Life Insurance Corporation of India full-time (More than a year)

    Pros

    good growth and facilties,good training

    Cons

    bad work culture,dull seniors no proper mentoring

  3. "."

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

    I have been working at Life Insurance Corporation of India full-time (More than 5 years)

    Pros

    Insurance giant, freedom, being government organisation there is no corruption like other government organisations

    Cons

    Lacks on ideas and modernization

    Advice to Management

    Improve products and servicing


  4. "Probationary Development Officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - PDO in Coimbatore
    Former Employee - PDO in Coimbatore
    Recommends
    Neutral Outlook

    I worked at Life Insurance Corporation of India full-time (More than a year)

    Pros

    Good salary structure.
    Good working environment.

    Cons

    Insurance industry market is very difficult to survive for fresh people.

    Advice to Management

    Reduce the target for a PDO.


  5. "I was working as an agent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Life Insurance Corporation of India full-time

    Pros

    It was a really good and experienced team

    Cons

    it was not giving me more opportunities


  6. "Good culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Advisor in Agra, Uttar Pradesh
    Current Employee - Advisor in Agra, Uttar Pradesh

    I have been working at Life Insurance Corporation of India part-time (More than 3 years)

    Pros

    Commission is good from first premium

    Cons

    Only commission are payable, there is no salary

    Advice to Management

    Provide attractive salary to agent


  7. "Best govtinsurance sector"

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

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

    Pros

    Permanent job good pay packet

    Cons

    Decision making to Class 3 is very restrictive

    Advice to Management

    Software development skills to be imparted all employees

  8. "Goodest job."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - LIC AGENT in Nashik
    Current Employee - LIC AGENT in Nashik
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Free time working and choose if self employment.

    Cons

    Not satisfied with people's way of thinking about insurance policy.

    Advice to Management

    Please try to do some job for create guidance to LIC agent s .


  9. "Excellent place to work. You learn a lot about insurance marketing. Great Organisation."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Chief Engineer in Kanpur, Uttar Pradesh
    Current Employee - Chief Engineer in Kanpur, Uttar Pradesh
    Recommends
    Approves of CEO

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

    Pros

    Great learning place. Excellent working place.

    Cons

    Nothing as such in my opinion and that is the majority opinion.

    Advice to Management

    Everything is at place.


  10. "Love to work with LIC"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance in Chandigarh
    Current Employee - Insurance in Chandigarh
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Life Insurance Corporation of India full-time (More than 5 years)

    Pros

    Good income very wide platform for work

    Cons

    Meet with very annoyed type peoples

    Advice to Management

    Keep it up