LIC Careers in 2025 – Salary, Roles, Eligibility & How to Apply
The Life Insurance Corporation of India (LIC) isn’t just the country’s largest life insurer—it’s one of the most trusted and prestigious employers in the financial services sector. Since its inception in 1956, when over 240 private insurers were merged and nationalized, LIC has built an unmatched reputation for stability, trust, and career growth.
In 2025, LIC remains a top choice for job seekers, offering positions such as Administrative Officer (AO), Apprentice Development Officer (ADO), Assistant, and various specialist posts. Along with attractive salaries, LIC employees enjoy long-term benefits like pensions, housing loans, and medical coverage.
About LIC – History & Overview
Founded on September 1, 1956 through an Act of Parliament, LIC consolidated hundreds of private life insurers into one government-owned corporation with the aim of making life insurance accessible across India.
Key Facts (2025):
- Headquarters: Mumbai, Maharashtra
- Ownership: Government of India (majority stake)
- IPO: Listed on NSE & BSE in May 2022
- Market Capitalization: ₹5.5 lakh+ crore
- Workforce: 1.1 lakh+ employees, 13 lakh+ agents
- Global Presence: Offices in Fiji, Mauritius, UK, Singapore, Bahrain, and more
LIC in the Stock Market
After going public, LIC became one of India’s most valuable listed companies. Its stock has shown steady growth thanks to strong fundamentals, loyal customers, and consistent policy sales.
As of 2025:
- NSE Symbol: LICI
- Average Price Range: ₹900–₹1,050 per share
- Dividend Yield: ~1.2% annually
LIC Career Opportunities in 2025
LIC offers roles in two broad categories:
1. Administrative & Officer Roles
- Administrative Officer (AO): Handles policy servicing, underwriting, accounts, HR, and more (generalist & specialist roles).
- Assistant: Manages daily operations, customer service, and documentation.
- Apprentice Development Officer (ADO): Recruits, trains, and manages LIC agents.
2. Sales & Marketing Roles
- LIC Agent: Flexible, commission-based role selling LIC policies.
- Development Officer: Leads a team of agents and drives sales strategies.
Salary & Perks in LIC
1. Administrative Officer (AO)
- Basic Pay: ₹53,600/month
- Gross Pay: ₹80,000+ (with allowances)
- Perks: HRA, medical cover, pension, housing loan, gratuity
2. Assistant
- Basic Pay: ₹27,000/month
- Gross Pay: ₹40,000–₹45,000/month
- Perks: Similar benefits as AO on a smaller scale
3. Apprentice Development Officer (ADO)
- Basic Pay: ₹21,865/month + incentives
- Gross Pay: ₹35,000–₹40,000/month (performance-based)
Career Growth in LIC
LIC offers a clear promotional ladder:
Assistant → Development Officer → AO → Branch Manager → Zonal Manager → Managing Director
Promotions are based on performance, seniority, and internal exams—ensuring steady upward mobility.
Eligibility Criteria
Nationality: Indian citizen
Age Limits:
- AO/ADO: 21–30 years (relaxation for reserved categories)
- Assistant: 20–28 years
Educational Qualification:
- AO: Bachelor’s/Master’s in relevant fields
- Assistant: Graduation in any discipline
- ADO: Graduation (preference for marketing/sales experience)
LIC Selection Process
Typically includes:
- Preliminary Examination (online)
- Main Examination (online)
- Interview
- Medical Test
How to Apply – Step by Step
- Visit LIC Careers
- Click on “Careers” in the footer menu.
- Find the relevant job notification (AO/ADO/Assistant).
- Read eligibility & instructions carefully.
- Register online with basic details.
- Upload scanned photo, signature & ID proof.
- Pay application fee online.
- Submit & save a printout for reference.
Preparation Tips
- Know the Syllabus: Quantitative Aptitude, Reasoning, English, General Awareness, and Professional Knowledge (for specialists).
- Practice Mock Tests: Aim for 20+ full-length mocks before the exam.
- Stay Updated: Read current affairs, especially in insurance & finance.
- Focus on Speed & Accuracy: Online tests require quick decision-making.
Why Choose LIC?
- Job security with government ownership
- Attractive salary + allowances
- Nationwide & overseas postings
- Pension & retirement benefits
- Clear career progression
In short: A career at LIC is a stable, respected, and rewarding choice.
FAQs
Q1: What is the salary of an LIC AO in 2025?
A: ₹53,600 basic pay per month, gross exceeding ₹80,000 with allowances.
Q2: How can I apply?
A: Through LIC’s official website under the Careers section.
Q3: What is the age limit for ADO recruitment?
A: 21–30 years for general category, with relaxations for reserved categories.
Q4: Is LIC a government job?
A: Yes, LIC is a government-owned corporation under the Ministry of Finance.
Q5: Which is better—AO or ADO?
A: AO offers a higher fixed salary and administrative role, while ADO focuses on sales with commission-based earnings.