Life Insurance Corporation of India Reviews | Glassdoor.com.au

Life Insurance Corporation of India Reviews

Updated 6 Jul 2019

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Found 285 reviews

4.2
StarStarStarStarStar
Rating TrendsRating Trends
79%
Recommend to a Friend
98%
Approve of CEO
Shri Thomas Mathew
63 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. "Full"

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

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

    Pros

    The best in the world

    Cons

    Nothing is bad in the orgnisation

    Advice to Management

    No

    Life Insurance Corporation of India2019-06-26
  2. "Clerical"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Former Employee - Official in Vāranāsi
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I worked at Life Insurance Corporation of India full-time for more than 5 years

    Pros

    I can do hard work and knowledge of computer

    Cons

    Official work with management office

    Life Insurance Corporation of India2019-07-06
  3. "Development officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Development Officer in Elūru
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

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

    Pros

    Complete sales job, obviously there is no support from office in public sector, self motivation required

    Cons

    No support from office ,target based

    Life Insurance Corporation of India2019-06-18
  4. "Do"

    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

    Pros

    Excellent. ..unlimited potential.. .you can decide your payouts

    Cons

    Travelling extensive, marketing and sales job.

    Life Insurance Corporation of India2019-05-20
  5. "Can't complain"

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

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

    Pros

    Stable Honorable Work life balance

    Cons

    Monotonous No challenge Huge competition from Pvt players

    Advice to Management

    Be aggressive.

    Life Insurance Corporation of India2019-05-15
  6. "Agency"

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

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

    Pros

    Customer base data large. Need to customer Lic policy.

    Cons

    Many different Pvt company inter in india

    Advice to Management

    I add to other job

    Life Insurance Corporation of India2019-05-10
  7. Helpful (2)

    "Divisional Manager"

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

    Job security, decent salary, good work environment

    Cons

    Promotions not on merit. Only seniority matters. Little scope to put in practice innovative ideas.

    Advice to Management

    Introduce merit based promotions

    Life Insurance Corporation of India2019-04-19
  8. "Nice job."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - A O in Bongaigaon

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

    Pros

    Nice salary and management

    Cons

    Look nice but no cons

    Advice to Management

    Nice employment

    Life Insurance Corporation of India2019-04-14
  9. "Insurance Agent"

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

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

    Pros

    You can manage your time

    Cons

    Agents could be treated fairly

    Life Insurance Corporation of India2019-04-08
  10. "Challenging but decision making process is very time consuming."

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

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

    Pros

    Excellent network & acceptability amongst masses

    Cons

    Processes take too long, not matching with the current times

    Advice to Management

    Prioritise decision making, depending on the merits of the case. Eg. Upgrading IT

    Life Insurance Corporation of India2019-04-01
Found 285 reviews