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Edelweiss Life Insurance

3.7
based on 883 Reviews

Working at Edelweiss Life Insurance

Company Summary

Provides various Life Insurance products with tax benefits including savings and investments, ULIP, guaranteed income plans, retirement plans, child plans, health plans and term insurance.

Overall Rating

3.7/5
based on 883 reviews
highly rated categories
5% below
industry average
highly rated categories
Critically rated for

Promotions

Work Policy
Work from office
Work from office
80% employees reported
Monday to Saturday
Monday to Saturday
44% employees reported
Flexible timing
Flexible timing
60% employees reported
Within city
Within city
53% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
57 employees reported
Health insurance
Health insurance
55 employees reported
Professional degree assistance
Professional degree assistance
16 employees reported
Cafeteria
Cafeteria
12 employees reported
View all benefits

About Edelweiss Life Insurance

Founded in2011 (14 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersMumbai,Maharashtra, India
Office Locations
--
Websiteedelweisslife.in
Primary Industry
Other Industries
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Edelweiss Tokio Life is the first of a new generation of Insurance companies, creating its Insurance solutions around a deep understanding of the diverse financial needs of the Indian consumer. As a part of its customer centric corporate philosophy, Edelweiss Tokio Life Insurance has invested in understanding its potential customers; and based on this, developed a unique need-based selling approach designed to benefit consumers through all their life stages. The company ensures that whatever the life insurance solution provided to the customer, it is best suited to his need. The company is a joint venture between Edelweiss, one of India's leading diversified financial services companies, and Tokio Marine, one of the fastest growing Life Insurance companies in Japan. Set up with a start-up capital of INR 550 Crore, Edelweiss Tokio Life Insurance is dedicated to building a long term sustainable business focused on a consumer centric approach.

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Edelweiss Life Insurance Ratings

based on 883 reviews

Overall Rating

3.7/5
How AmbitionBox ratings work?
5
424
4
170
3
107
2
56
1
126

Category Ratings

3.6

Company culture

3.6

Work-life balance

3.6

Skill development

3.5

Job security

3.5

Salary

3.4

Work satisfaction

3.3

Promotions

Edelweiss Life Insurance is rated 3.7 out of 5 stars on AmbitionBox, based on 883 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 Edelweiss Life Insurance
based on 822 reviews
3.8
Rated by 186 Women
Rated 3.7 for Company culture and 3.6 for Work-life balance
3.7
Rated by 636 Men
Rated 3.6 for Work-life balance and 3.6 for Company culture

Work Policy at Edelweiss Life Insurance

based on 92 reviews in last 6 months
Work from office
80%
Hybrid
16%
Permanent work from home
4%

Edelweiss Life Insurance Reviews

Top mentions in Edelweiss Life Insurance Reviews

+ 5 more

Compare Edelweiss Life Insurance with Similar Companies

Edelweiss Life Insurance
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HDFC Life
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Overall Rating
3.7/5
based on 883 reviews
4.1/5
based on 6.1k reviews
3.8/5
based on 3.7k reviews
4.0/5
based on 8.8k reviews
Highly Rated for
No highly rated category
Job security
Skill development
Salary
Job security
Skill development
Job security
Work-life balance
Critically Rated for
Promotions
No critically rated category
Promotions
No critically rated category
Primary Work Policy
Work from office
80% employees reported
Work from office
89% employees reported
Work from office
78% employees reported
Work from office
82% employees reported
Rating by Women Employees
3.8
Good
rated by 186 women
4.0
Good
rated by 1.4k women
3.8
Good
rated by 592 women
3.9
Good
rated by 1.9k women
Rating by Men Employees
3.7
Good
rated by 636 men
4.1
Good
rated by 4.4k men
3.8
Good
rated by 2.9k men
4.0
Good
rated by 6.5k men
Job security
3.5
Good
4.1
Good
3.9
Good
3.9
Good
View more

Edelweiss Life Insurance Salaries

Edelweiss Life Insurance salaries have received with an average score of 3.5 out of 5 by 883 employees.

Relationship Manager

(280 salaries)
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β‚Ή2 L/yr - β‚Ή5.9 L/yr

Senior Relationship Manager

(177 salaries)
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β‚Ή2.5 L/yr - β‚Ή5.1 L/yr

Business Development Manager

(99 salaries)
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β‚Ή1.5 L/yr - β‚Ή5.5 L/yr

Branch Operation Executive

(79 salaries)
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β‚Ή1.8 L/yr - β‚Ή3.6 L/yr

Branch Manager

(67 salaries)
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β‚Ή5.5 L/yr - β‚Ή9 L/yr

Territory Manager

(62 salaries)
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β‚Ή4.8 L/yr - β‚Ή8.5 L/yr

Branch Head

(49 salaries)
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β‚Ή7 L/yr - β‚Ή17.5 L/yr

Senior Development Manager

(49 salaries)
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β‚Ή2.8 L/yr - β‚Ή5 L/yr

Chief Manager

(48 salaries)
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β‚Ή11 L/yr - β‚Ή25 L/yr

Sales Manager

(44 salaries)
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β‚Ή2.5 L/yr - β‚Ή6 L/yr

Compare Edelweiss Life Insurance with

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4.1
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4.2
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3.6
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3.9
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3.9
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4.0
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3.6
Aviva Life Insurance India
3.6
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4.0
Ageas Federal Life Insurance
3.8
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4.1
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Edelweiss Life Insurance FAQs

When was Edelweiss Life Insurance founded?
Edelweiss Life Insurance was founded in 2011. The company has been operating for 14 years primarily in the Insurance sector.
Where is the Edelweiss Life Insurance headquarters located?
Edelweiss Life Insurance is headquartered in Mumbai,Maharashtra.
How many employees does Edelweiss Life Insurance have in India?
Edelweiss Life Insurance currently has more than 2,800+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Edelweiss Life Insurance based on the number of reviews submitted on AmbitionBox.
Does Edelweiss Life Insurance have good work-life balance?
Edelweiss Life Insurance has a Work-Life Balance Rating of 3.6 out of 5 based on 800+ employee reviews on AmbitionBox. 67% employees rated Edelweiss Life Insurance 4 or above, while 33% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Edelweiss Life Insurance work-life balance reviews for more details
Is Edelweiss Life Insurance good for career growth?
Career growth at Edelweiss Life Insurance is rated as moderate, with a promotions and appraisal rating of 3.3. 33% employees rated Edelweiss Life Insurance 3 or below, while 67% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Edelweiss Life Insurance promotions/appraisals reviews for more detailed insights.
What are the cons of working in Edelweiss Life Insurance?
Working at Edelweiss Life Insurance does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, based on 800+ employee reviews on AmbitionBox.
Edelweiss Life Insurance Overview
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