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Aviva Life Insurance India
3.6
based on 711 Reviews
Company Overview
Company Locations
Working at Aviva Life Insurance India
Company Summary
Aviva India is a leading life insurance company that offers a range of life insurance products, including term insurance, investments plans and more.
Overall Rating
3.6/5
based on 711 reviews
20% above
industry average
Critically rated for
Promotions/Appraisal, Job Security, Work Satisfaction
Work Policy
Work from office
79% employees reported
Monday to Friday
58% employees reported
Flexible timing
54% employees reported
Within city
51% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
45 employees reported
Health insurance
37 employees reported
Cafeteria
20 employees reported
Professional degree assistance
11 employees reported
View all benefits
About Aviva Life Insurance India
Founded in1696 (328 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
HeadquartersLondon, United Kingdom (UK)
Office Locations
--
Websiteavivaindia.com
Primary Industry
Other Industries
--
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Aviva India or Aviva Life Insurance Company India Limited is a joint venture between Dabur Invest Corp and Aviva International Holdings Limited – a UK based insurance group, whose association with India goes back to 1834.
We understand that customers find insurance to be complex, which is why we believe in creating ‘simple products’ that deliver great value.
With a strong sales force of over 14,000 Financial Planning Advisers (FPAs), we have initiated and pioneered many innovative sales approaches, including the concept of Bancassurance and Financial Health Check services. We are among the first companies to introduce the contemporary unit-linked products. We believe that an insurance solution should be an informed purchase and a lifelong relationship.
A seasoned team of fund managers make our fund management one of the key differentiators. In India, with a wide distribution network of 122 branches spreading across nearly 1,000 towns and cities, we offer insurance solutions to customers across the country.
Through our Street to School programme, our Corporate responsibility initiative, we reach out to over 5,00,000 underprivileged children to help with education and other inequalities faced by them.
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Aviva Life Insurance India Ratings
based on 711 reviews
Overall Rating
3.6/5
How AmbitionBox ratings work?
5
315
4
172
3
82
2
43
1
99
Category Ratings
3.7
Work-Life Balance
3.4
Skill Development
3.4
Company Culture
3.4
Salary & Benefits
3.3
Work Satisfaction
3.2
Job Security
3.2
Promotions/Appraisal
Aviva Life Insurance India is rated 3.6 out of 5 stars on AmbitionBox, based on 711 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Aviva Life Insurance India
based on 665 reviews
3.6
Rated by 122 Women
Rated 3.6 for Work-Life Balance and 3.6 for Company Culture
3.6
Rated by 543 Men
Rated 3.7 for Work-Life Balance and 3.5 for Skill Development
Work Policy at Aviva Life Insurance India
based on 51 reviews in last 6 months
Work from office
79%
Hybrid
13%
Permanent work from home
8%
Aviva Life Insurance India Reviews
Top mentions in Aviva Life Insurance India Reviews
+ 5 more
Compare Aviva Life Insurance India with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 3.6/5 based on 711 reviews | 4.1/5 based on 6k reviews | 3.8/5 based on 3.6k reviews | 4.0/5 based on 8.5k reviews |
Highly Rated for | No highly rated category | Job Security Skill development Salary & Benefits | Job Security | Skill development Job Security Company culture |
Critically Rated for | Promotion/Appraisals Job Security Work Satisfaction | No critically rated category | Promotion/Appraisals | No critically rated category |
Primary Work Policy | Work from office 79% employees reported | Work from office 90% employees reported | Work from office 78% employees reported | Work from office 82% employees reported |
Rating by Women Employees | 3.6 Good rated by 122 women | 4.0 Good rated by 1.3k women | 3.8 Good rated by 566 women | 3.9 Good rated by 1.8k women |
Rating by Men Employees | 3.6 Good rated by 543 men | 4.1 Good rated by 4.3k men | 3.8 Good rated by 2.8k men | 4.0 Good rated by 6.3k men |
Job Security | 3.2 Average | 4.1 Good | 3.9 Good | 3.9 Good |
View more
Aviva Life Insurance India Salaries
3.4
rated by 711 employees for salariesRelationship Manager
(163 salaries)
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₹2.2 L/yr - ₹4.5 L/yr
Relationship Officer
(148 salaries)
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₹1.8 L/yr - ₹3.5 L/yr
Sales Manager
(133 salaries)
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₹1.9 L/yr - ₹5.5 L/yr
Senior Relationship Manager
(89 salaries)
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₹2.5 L/yr - ₹5.2 L/yr
Senior Relationship Officer
(72 salaries)
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₹2.5 L/yr - ₹3.6 L/yr
Territory Manager
(54 salaries)
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₹5.4 L/yr - ₹10.1 L/yr
Deputy Manager
(54 salaries)
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₹3.7 L/yr - ₹8.5 L/yr
Branch Manager
(41 salaries)
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₹6.5 L/yr - ₹15 L/yr
Senior Sales Manager
(40 salaries)
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₹3.5 L/yr - ₹6.8 L/yr
Area Manager
(40 salaries)
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₹7 L/yr - ₹14 L/yr
Aviva Life Insurance India Interview Questions
Interview questions by designation
Top interview questions and answers
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Interview Process at Aviva Life Insurance India
based on 7 interviews in last 1 year
Interview Experience
3.6
Good
Difficulty level
Easy
33%
Moderate
67%
People are getting interviews through
based on 21 Aviva Life Insurance India interviews
Referral
34%
Job Portal
19%
Campus Placement
14%
Recruitment Consultant
14%
*19% candidates got the interview through other sources
High confidence
Aviva Life Insurance India Jobs
Aviva Life Insurance India News
View all
Direct Line accepts £3.6bn takeover after rival insurer Aviva raises bid
- Direct Line has accepted an improved offer from Aviva, valuing the business at £3.6bn.
- Aviva raised its bid to 275p a share, after its previous offers were rejected.
- Direct Line's board is inclined to recommend the formal offer to shareholders.
- A potential takeover would create a dominant group in the motor insurance market.
Guardian | 6 Dec, 2024
Aviva agrees £3.6bn deal to buy Direct Line; new bid to buy Thames Water – business live
- The average price of a house in the UK has hit a record high of £298,083 in November.
- This marks the fifth successive month of increases in property values.
- Improving levels of demand for mortgages are driven by easing mortgage rates.
- Positive employment figures and anticipated decreases in interest rates are expected to support further house price growth.
Guardian | 6 Dec, 2024
Boss of takeover target Direct Line wants time to turn around insurer
- The CEO of Direct Line, Adam Winslow, is requesting more time to turnaround the struggling insurer amidst the unsolicited £3.3bn offer from Aviva.
- Direct Line's management team, including Winslow and other former Aviva colleagues, believes they are making good progress in the early stages of a significant turnaround and prefer to pursue a standalone strategy.
- Direct Line rejected Aviva's non-binding proposal, considering it highly opportunistic and substantially undervaluing the company.
- Aviva is attempting to gain support from Direct Line shareholders for its takeover bid, with speculation of a potential increase in the offer.
Guardian | 1 Dec, 2024
The market is not sentimental. Direct Line’s days of independence look numbered | Nils Pratley
- Aviva has made a £3.3bn offer for Direct Line, indicating the start of a negotiation.
- Direct Line's rejection of the offer was justified, but Aviva is seen as a more formidable predator.
- Direct Line shareholders are being offered a near-60% takeover premium, which is attractive in the insurance market.
- There may be a competition inquiry, but the reduction in competitive forces may not be significant.
Guardian | 29 Nov, 2024
Shares in Direct Line soar after insurer rejects £3.3bn bid from Aviva
- Direct Line shares surge over 40% after rejecting Aviva's £3.3bn bid.
- This is the third bid rejected by Direct Line this year.
- Direct Line believes the offer substantially undervalues the company.
- Speculation arises that a higher offer may be forthcoming.
Guardian | 28 Nov, 2024
Direct Line rejects Aviva takeover offer of £3.3bn
- Direct Line has rejected a £3.3bn takeover offer from Aviva.
- Aviva offered 250p a share, but Direct Line declined to engage further.
- Aviva believes the acquisition would accelerate growth and create efficiencies.
- Direct Line considers the proposal undervalued and stands behind its strategy.
Guardian | 28 Nov, 2024
UK pension fund loses more than £350m with waste incinerator power plants
- Aviva Investors, one of the UK's largest pension funds, is set to lose over £350m on investments in incinerator power plants that are expected to go bankrupt.
- The three incinerators, located in Hull, Boston, and Barry, accumulated loans of £480m from investors between 2015 and 2023.
- Aviva has written off £368m for the plants, originally intended to run on biomass waste wood but later converted to burn household waste, which failed to meet their targets.
- Critics argue that incinerators contribute to greenhouse gas emissions and hinder efforts to reduce single-use plastics and improve recycling.
Guardian | 20 Nov, 2024
Mexican Banking FinTech Klar Aims for 2026 IPO
- Mexican FinTech Klar is aiming to go public at the end of 2026 with an annual run rate target of $500 million for its IPO. It expects to reach 10 million active users over the next five years.
- Klar focuses on middle-income professionals and college students, offering credit cards and savings accounts.
- The company is confident in the new government's ability to send necessary signals to attract large-scale international investors.
- Mexico's unbanked/underbanked population presents a market for accessible financial products, with companies like Blu Financiero and Aviva also targeting this segment.
Pymnts | 4 Nov, 2024
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Aviva Life Insurance India FAQs
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