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PNB MetLife
3.4
based on 2.9k Reviews
Video summary
Company Overview
Company Locations
Working at PNB MetLife
Company Summary
PNB MetLife is a leading life insurance provider in India, leveraging the strengths of global expertise and extensive distribution through its partnership with Punjab National Bank.
Overall Rating
3.4/5
based on 2.9k reviews
11% below
industry average
Critically rated for
Job security, Work satisfaction, Promotions
Work Policy
Work from office
79% employees reported
Monday to Saturday
72% employees reported
Strict timing
51% employees reported
Within city
59% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
143 employees reported
Health insurance
93 employees reported
Professional degree assistance
23 employees reported
International/On-site exposure
18 employees reported
View all benefits
About PNB MetLife
Founded in2001 (24 yrs old)
India Employee Count5k-10k
Global Employee Count10k-50k
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websitepnbmetlife.com
Primary Industry
Other Industries
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View in video summary
PNB MetLife India Insurance Company Limited (PNB MetLife) is one of the leading life insurance companies in India. PNB MetLife has as its shareholders MetLife International Holdings LLC (MIHL), Punjab National Bank Limited (PNB), Jammu & Kashmir Bank Limited (JKB), M. Pallonji and Company Private Limited and other private investors, MIHL and PNB being the majority shareholders. PNB MetLife has been present in India since 2001.
PNB MetLife brings together the financial strength of a leading global life insurance provider, MetLife, Inc., and the credibility and reliability of PNB, one of India's oldest and leading nationalised banks. The vast distribution reach of PNB together with the global insurance expertise and product range of MetLife makes PNB MetLife a strong and trusted insurance provider.
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PNB MetLife Ratings
based on 2.9k reviews
Overall Rating
3.4/5
How AmbitionBox ratings work?
5
1.2k
4
557
3
407
2
220
1
576
Category Ratings
3.4
Salary
3.3
Work-life balance
3.3
Skill development
3.1
Company culture
3.1
Promotions
3.1
Work satisfaction
3.0
Job security
PNB MetLife is rated 3.4 out of 5 stars on AmbitionBox, based on 2.9k 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 PNB MetLife
based on 2.8k reviews
3.4
Rated by 627 Women
Rated 3.2 for Work-life balance and 3.2 for Salary
3.4
Rated by 2.2k Men
Rated 3.4 for Salary and 3.3 for Work-life balance
Work Policy at PNB MetLife
based on 437 reviews in last 6 months
Work from office
79%
Hybrid
17%
Permanent work from home
4%
PNB MetLife Reviews
Top mentions in PNB MetLife Reviews
+ 5 more
Compare PNB MetLife with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.4/5 based on 2.9k reviews | 4.1/5 based on 6.4k reviews | 4.1/5 based on 5.6k reviews | 3.9/5 based on 9.4k reviews |
Highly Rated for | No highly rated category | Job security Skill development Salary | Skill development Job security Company culture | Skill development Work-life balance Job security |
Critically Rated for | Job security Company culture Promotions | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 79% employees reported | Work from office 87% employees reported | Work from office 80% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 3.4 Average rated by 627 women | 4.0 Good rated by 1.4k women | 4.1 Good rated by 1.2k women | 3.8 Good rated by 2k women |
Rating by Men Employees | 3.4 Average rated by 2.2k men | 4.1 Good rated by 4.7k men | 4.1 Good rated by 4.1k men | 4.0 Good rated by 7k men |
Job security | 3.0 Average | 4.1 Good | 4.0 Good | 3.8 Good |
View more
PNB MetLife Salaries
PNB MetLife salaries have received with an average score of 3.4 out of 5 by 2.9k employees.
Relationship Manager
(1.2k salaries)
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₹2.1 L/yr - ₹4.7 L/yr
Senior Relationship Manager
(652 salaries)
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₹3 L/yr - ₹6 L/yr
Assistant Relationship Manager
(326 salaries)
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₹1.6 L/yr - ₹3.7 L/yr
Territory Manager
(266 salaries)
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₹4.3 L/yr - ₹10.3 L/yr
Territory Sales Manager
(224 salaries)
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₹3.7 L/yr - ₹8 L/yr
Sales Manager
(168 salaries)
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₹2 L/yr - ₹8 L/yr
Deputy Manager
(127 salaries)
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₹3.9 L/yr - ₹12.6 L/yr
Chief Relationship Manager
(125 salaries)
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₹3.5 L/yr - ₹5 L/yr
Circle Manager
(120 salaries)
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₹9 L/yr - ₹17 L/yr
Senior Territory Manager
(79 salaries)
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₹7.5 L/yr - ₹13 L/yr
PNB MetLife Interview Questions
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PNB MetLife Jobs
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PNB MetLife News
PNB MetLife and Policybazaar Collaborate to Expand Retirement Offerings for Customers with the New Pension Premier Multicap Fund
- PNB MetLife India Insurance Company Limited has launched PNB MetLife Pension Premier Multicap Fund under its Unit-Linked Insurance Plans (ULIPs) offerings.
- The fund aims to help customers build secure retirement savings by leveraging PNB MetLife's proven Multicap strategy and disciplined investment approach.
- The Pension Premier Multicap Fund is available with PNB MetLife Smart Invest Pension Plan and offers life insurance coverage for financial protection.
- The collaboration between PNB MetLife and Policybazaar aims to simplify and make retirement planning more accessible for individuals.
Banking Frontiers | 8 Apr, 2025
Unlock Momentum Investing with PNB MetLife Nifty 500 Momentum 50 Index Fund for Long-Term Growth
- PNB MetLife has introduced the “PNB MetLife Nifty 500 Momentum 50 Index Fund”, a passively managed fund that tracks the performance of the Nifty 500 Momentum 50 Index Fund.
- The fund focuses on companies showing significant rising trends in their stock prices to follow the trends of rising markets.
- The PNB MetLife Nifty 500 Momentum 50 Index Fund is open for investments from February 15 to February 27, 2025.
- The fund offers optimized returns through momentum, seamless investment through ULIPs, tax efficiency, and life cover.
Startupreporter | 26 Feb, 2025
PNB MetLife, India Post Payments Bank partner to offer inclusive life insurance solutions
- PNB MetLife and India Post Payments Bank (IPPB) have formed a strategic bancassurance alliance to expand access to life insurance solutions nationwide.
- The partnership aims to bring life insurance to every household in India by combining PNB MetLife's range of products with IPPB's vast network of banking outlets.
- The collaboration strengthens financial inclusion across the country and helps customers protect their future and fulfill their aspirations.
- PNB MetLife and IPPB aim to create a robust ecosystem for life insurance awareness and adoption, providing greater security to more families in India.
Banking Frontiers | 1 Feb, 2025
PNB MetLife partners with Saraswat Co-operative Bank to offer insurance solutions
- PNB MetLife has partnered with Saraswat Co-operative Bank to offer insurance solutions.
- The collaboration aims to enhance financial inclusion by offering a comprehensive suite of life insurance solutions to Saraswat Bank's extensive customer base.
- This partnership leverages Saraswat Bank's trusted legacy and PNB MetLife's insurance expertise to address customers' financial needs.
- The strategic partnership is expected to address the protection gap, increase insurance penetration, and promote financial inclusion.
HinduBusinessLine | 16 Jan, 2025
Can the monster of front-running ever be tamed?
- Front-running is an illegal practice where traders profit from upcoming trades of their institutional clients.
- SEBI passed an interim order against 22 entities, including Rohit Salgaocar and Ketan Parekh, for front-running.
- SEBI has uncovered several front-running cases, including involvement of PNB MetLife, Meghana Gosar, and Devan Sangoi.
- Efforts need to be made to deal with habitual offenders like Ketan Parekh to maintain investor confidence.
HinduBusinessLine | 10 Jan, 2025
SEBI bans 9 entities from market, impounds illegal gains of over ₹21 crore
- SEBI has banned nine entities from the securities market and impounded illegal gains of over ₹21 crore.
- The entities, including Sachin Bakul Dagli, engaged in front-running activities for more than three years.
- SEBI found that confidential information about impending trade orders of PNB MetLife and Investec's institutional clients was used to execute front-running trades.
- The entities involved in the fraudulent scheme are prohibited from buying, selling, or dealing in securities, and illegal gains are impounded from them.
HinduBusinessLine | 22 Dec, 2024
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PNB MetLife FAQs
When was PNB MetLife founded?
PNB MetLife was founded in 2001. The company has been operating for 24 years primarily in the Insurance sector.
Where is the PNB MetLife headquarters located?
PNB MetLife is headquartered in Mumbai, Maharashtra.
How many employees does PNB MetLife have in India?
PNB MetLife currently has more than 9,200+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in PNB MetLife based on the number of reviews submitted on AmbitionBox.
Does PNB MetLife have good work-life balance?
PNB MetLife has a work-life balance rating of 3.3 out of 5 based on 2,900+ employee reviews on AmbitionBox. 41% employees rated PNB MetLife 3 or below, while 59% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read PNB MetLife work-life balance reviews for more details
Is PNB MetLife good for career growth?
Career growth at PNB MetLife is rated as moderate, with a promotions and appraisal rating of 3.1. 41% employees rated PNB MetLife 3 or below, while 59% 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 PNB MetLife promotions/appraisals reviews for more detailed insights.
What are the cons of working in PNB MetLife?
Working at PNB MetLife does have some drawbacks that potential employees should consider. The company is poorly rated for job security, work satisfaction and promotions / appraisal, based on 2,900+ employee reviews on AmbitionBox.
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