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

Life Insurance Corporation of India Reviews

Updated 5 Mar 2020

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4.3
81%
Recommend to a Friend
99%
Approve of CEO
Life Insurance Corporation of India Chairman Shri Thomas Mathew (no image)
Shri Thomas Mathew
81 Ratings
Pros
Cons
  • "no cons as of now for this company(in 11 reviews)

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

More Pros and Cons
  1. "insurance agent"

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

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

    Pros

    Best work environment- Best commission rate

    Cons

    don't have proper client management

    Life Insurance Corporation of India2020-03-05
  2. "GOOD"

    StarStarStarStarStar
    Current Employee - Financial Advisor 

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

    Pros

    It's a great place to work & good remuneration.

    Cons

    no cons as of now for this company.

    Life Insurance Corporation of India2020-02-25
  3. "We are recruiting insurance agents for LIC OF INDIA"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Development Officer in Farīdābād, Haryana
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    A career with full of challenges and opportunities

    Cons

    Nothing as such to describe.

    Life Insurance Corporation of India2020-02-17
  4. "Great company to work with"

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

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

    Pros

    Good work culture Trust worth company

    Cons

    Nothing special But administration staff is not good for customer satisfaction.

    Continue reading
    Life Insurance Corporation of India2020-02-15
  5. "Nicr"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Assistant Manager in Bilāspur, Chhattisgarh
    Recommends
    Positive Outlook

    I have been working at Life Insurance Corporation of India full-time for more than 5 years

    Pros

    Nice good life balance medical benefits

    Cons

    Unprofessionalism transfer postings no job statisfaction

    Continue reading
    Life Insurance Corporation of India2020-02-23
  6. "Excellent place to work"

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

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

    Pros

    Great job but less scope of growth

    Cons

    Growth prospects are very less

    Life Insurance Corporation of India2020-02-04
  7. "Working in a condition where you cant expect career growth"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Manager in Bangalore
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I worked at Life Insurance Corporation of India full-time for more than 8 years

    Pros

    Oppurtunity to learn new things in a raw manner.

    Cons

    Govt. Office life style which is too slow in this current era.

    Continue reading
    Life Insurance Corporation of India2020-02-17
  8. "Settled life"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Lic Assistant in Mysore

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

    Pros

    Good working environment Less stressfull life Can get more time with family

    Cons

    There is lot of union here Promotions are slower

    Continue reading
    Life Insurance Corporation of India2020-02-04
  9. "The best Organization to serve nation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 

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

    Pros

    Guarantee for Future returns

    Cons

    This is a very big organization where its work culture is very important.

    Life Insurance Corporation of India2020-01-20
  10. "Recruitment of Financial Advisors"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - LIC Development Officer in Khār, Maharashtra

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

    Pros

    Attractive Commission , Unlimited Earning , Incentives , Flexible working hours , Work from home or anywhere , Loans and travelling advances

    Cons

    There are no Cons in this profession , "WORK MORE , EARN MORE" is the motto of this job.

    Life Insurance Corporation of India2020-01-14
Found 325 reviews