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Life Insurance Corporation of India Reviews
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    Life Insurance Corporation of India Reviews

    Updated 12 March 2019
    272 reviews

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    4.4
    StarStarStarStarStar
    Rating TrendsRating Trends
    Recommend to a friend
    Approve of CEO
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    Shri Thomas Mathew
    58 Ratings

    Employee Reviews

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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. "Insurance agent"

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

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

      Pros

      When our financial year complete, we all staff and agents going to picnic

      Cons

      No one downsides, LIC is the best insurance corporation in india

      Advice to Management

      Nothing

    2. "Largest life insurance company in the world."

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

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

      Pros

      Great work environment, competitive, energetic atmosphere all round the year.

      Cons

      You won't find any

    3. "Development Officer"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Development Officer in Nalgonda
      Current Employee - Development Officer in Nalgonda

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

      Pros

      It Covers Life Risk,
      Handsome Bonus,
      Encourages Savings.

      Cons

      Lack of Career Growth,
      Less Incentives.

    4. "It is OKEY company."

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - D O in New Delhi
      Former Employee - D O in New Delhi
      Doesn't Recommend
      Neutral Outlook
      No opinion of CEO

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

      Pros

      It is PSU only .There is only a quality of LIC of India.

      Cons

      The Post Development Officer is purely market based .If you will create a team of good agents So it be wonderful job to you otherwise Its worst job.

      Advice to Management

      NA

    5. "Business development"

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

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

      Pros

      Working hour leverage, friendly environment

      Cons

      No such cons was there

    6. "Development Officer"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Anonymous Employee
      Former Employee - Anonymous Employee

      I worked at Life Insurance Corporation of India full-time

      Pros

      This is a government job provides opportunity to earn as much money as one wants alongwith his salary, enhances reputation, gives mental satisfacton by helping others, build strong relationships, opportunity to become an employer, no office going burden, no time bondation.

      Cons

      Target based job, promotion is very rare, transfer to other place is almost impossible, field job, weekly targets are there through various competitions.

      Advice to Management

      The management must listen and understand to the problems of D.O.s, proper and to the point training must be provided

    7. "It gives financial protection to people during their life and family protection after death also."

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Senior Marketing Manager in Kolkata
      Former Employee - Senior Marketing Manager in Kolkata
      Recommends
      Positive Outlook
      Approves of CEO

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

      Pros

      While working at Life insurance corporation of India I felt I became a part of the process in protecting people financially and socially during their life time and takes care of their family during any unfortunate situation.

      Cons

      Most of the branch offices are not well maintained and employees have to work in very inhigenic conditions. No pick up or dropping systems for reaching the offices in remote places.

      Advice to Management

      Needs improvement in so many fields.

    8. "Good one"

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

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

      Pros

      No boss, no pressure, no big targets

      Cons

      no downsides in LIC of India

    9. "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

    10. "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