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Life Insurance Corporation of India Careers

India's statutory life insurer serving policyholders through a nationwide network.

licindia.in

About the company

Established

September 1, 1956

Legal form

Statutory corporation

Central office

Mumbai, Maharashtra

Industry

Life insurance

Employees

84,565

Total premium income (FY2025-26)

₹5,35,984 crore

Assets under management (March 2026)

₹57,29,396 crore

Profit after tax (FY2025-26)

₹57,419 crore

Net worth (FY2025-26)

₹1,75,356 crore

Life Insurance Corporation of India is a statutory corporation established on September 1, 1956 under the Life Insurance Corporation Act. Its central office is in Mumbai.

The corporation provides life insurance and manages a nationwide policyholder and agency network. Its FY2025-26 annual report records 84,565 employees.

For FY2025-26, the corporation reported total premium income of ₹5,35,984 crore and profit after tax of ₹57,419 crore. Assets under management were ₹57,29,396 crore at March 31, 2026.

Key People

R. Doraiswamy

Chief Executive Officer and Managing Director

Dinesh Pant

Managing Director

Ratnakar Patnaik

Managing Director

Ramakrishnan Chander

Managing Director

Photos

Life Insurance Corporation of India workplace 1

Interview process at Life Insurance Corporation of India

(21 Indeed interview responses)

Interview experience

Favorable

Interview difficulty

Medium

Interview process length

About two weeks

Overall experience

PoorExcellent
EasyDifficult

Interview process length

About a day or two36%
About a week18%
About a month18%
More than one month18%

Prep for your Life Insurance Corporation of India interview with AI

Practise structured answers about customers, mobility and insurance work.

Life Insurance Corporation of India Interview Questions & Answers

Q: Are you ready to relocate, and what do you know about NEFT, RTGS, GST and Life Insurance Corporation of India products?

A: Address mobility directly, then give short accurate definitions and discuss only products you have verified.

Answer by AI
  • Answer the relocation point.
  • Define the banking and tax terms.
  • Use verified product knowledge.

Q: Tell me about yourself. Have you gone through the job description?

A: Give a concise relevant introduction and map your experience to the main responsibilities in the description.

Answer by AI
  • Lead with relevant experience.
  • Name two job requirements.
  • Show evidence of fit.

Q: How do you think you will be successful in this job?

A: Explain a practical plan for learning the territory, building relationships and tracking outcomes.

Answer by AI
  • Define early priorities.
  • Describe repeatable actions.
  • Name measures of success.

Q: Why do you want to join Life Insurance Corporation of India?

A: Connect the corporation's life-insurance mission and scale to your skills and career direction.

Answer by AI
  • Use one verified company fact.
  • Explain personal motivation.
  • Relate your skills to the role.

Prep for your Life Insurance Corporation of India interview with AI

Practise structured answers about customers, mobility and insurance work.

Life Insurance Corporation of India Salaries in India (Updated 2026)

Insurance Advisor

Indeed average

₹25,572 per month

58 Salaries submitted

Financial Advisor

Indeed average

₹31,235 per month

15 Salaries submitted

Insurance Agent

Indeed average

₹24,830 per month

12 Salaries submitted

Sales Manager

Indeed average

₹22,787 per month

6 Salaries submitted

Sales Representative

Indeed average

₹20,029 per month

5 Salaries submitted

Agency Manager

Indeed average

₹36,018 per month

2 Salaries submitted

Know your worth at Life Insurance Corporation of India

Compare the role, pay basis and complete reward package.

Benefits

Employee health insurance coverage
Employee accident insurance coverage
Group mediclaim scheme
Support for high-cost medical treatment
Preventive health checkups
Provident fund or pension coverage
National Pension System coverage for eligible employees
Gratuity coverage
Maternity leave for women employees
Paternity leave for men employees
Privilege leave encashment after retirement
Training and career review coverage

Latest News & Updates

May 26, 2026

Two new Jeevan Sathi plans launched

Life Insurance Corporation of India announced two new plans under the Jeevan Sathi name.

#LifeInsurance #Products

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May 21, 2026

FY2025-26 performance update published

The corporation released its financial and operating performance for FY2025-26.

#Results #Insurance

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April 15, 2026

MyLIC and Super Sales Saathi apps announced

The corporation announced new digital applications for customers and its sales network.

#Digital #Apps

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April 13, 2026

Bonus equity shares announced

The corporation announced a proposed one-for-one issuance of bonus equity shares, subject to shareholder approval.

#Shareholders #Markets

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March 30, 2026

Special measures announced for policyholders

Life Insurance Corporation of India announced special servicing measures for policyholders.

#Policyholders #Service

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Life Insurance Corporation of India FAQ

It was established on September 1, 1956.