Life Insurance Corporation of India

Life Insurance Corporation of India

Life Insurance Corporation, popularly known as LIC is Indian state-owned insurance group and investment company.

InsuranceFounded 195650001-100000 employeesPrivateMumbai

About Life Insurance Corporation of India

LIC Nav Jeevan Shree Regular (Hindi)

Every day we wake up to the fact that more than 250 million lives are part of our family called LIC. We are humbled by the magnitude of the responsibility we carry and realise the lives that are associated with us are very valuable indeed. Though this journey started over six decades ago, we are still conscious of the fact that, while insurance may be a business for us, being part of millions of lives every day for the past 61 years has been a process called TRUST.

Vision

A trans-nationally competitive financial conglomerate of significance to societies and Pride of India

Mission

Ensure and enhance the quality of life of people through financial security by providing products and services of aspired attributes with competitive returns, and by rendering resources for economic development.

A little more about Life Insurance Corporation of India

Headquarters
Mumbai, India
Ownership
Private
Presence
India
Largest Office
Mumbai (479 offices)

Awards & Recognition

Forbes Global 2000Fortune Global 500Fortune India 500Fortune India 500 (2022)Fortune India 500 (2023)

Life Insurance Corporation of India Videos

Companies similar to Life Insurance Corporation of India

Frequently asked questions about Life Insurance Corporation of India

What does Life Insurance Corporation of India do?

Life Insurance Corporation of India is a leading company in the Insurance sector. It provides innovative solutions to clients across multiple industries globally.

Where is Life Insurance Corporation of India headquartered?

Life Insurance Corporation of India is headquartered in Mumbai. The company operates across multiple locations in India and internationally.

How many employees does Life Insurance Corporation of India have?

Life Insurance Corporation of India employs 50001-100000 professionals worldwide. The company continues to grow and regularly hires across various functions and geographies.

When was Life Insurance Corporation of India founded?

Life Insurance Corporation of India was founded in 1956. Over the years it has grown into a globally recognised organisation in the Insurance space.

Who is the CEO of Life Insurance Corporation of India?

The CEO of Life Insurance Corporation of India is . The leadership team is committed to driving innovation and employee growth.

Is Life Insurance Corporation of India a good place to work?

Life Insurance Corporation of India is widely regarded as a strong employer in the Insurance sector. The company offers structured career paths, learning programmes, and a collaborative work environment.

What is the hiring process at Life Insurance Corporation of India?

The hiring process at Life Insurance Corporation of India typically includes an online application, aptitude or technical assessments, and multiple interview rounds. The process varies by role and experience level.

Does Life Insurance Corporation of India hire freshers?

Yes, Life Insurance Corporation of India actively recruits freshers through campus placement programmes and graduate hiring drives. Entry-level roles are available across technology, business, and operations functions.

What are the career growth opportunities at Life Insurance Corporation of India?

Life Insurance Corporation of India invests in employee development through structured learning platforms, mentorship programmes, and internal mobility. Employees can advance across technical, managerial, and leadership tracks.

What benefits does Life Insurance Corporation of India offer to employees?

Life Insurance Corporation of India offers a comprehensive benefits package that typically includes health insurance, paid leave, retirement benefits, and learning allowances. Specific benefits may vary by location and role level.