Add office photos
Employer?
Claim Account for FREE
SBI Life Insurance Company
3.8
based on 3.8k Reviews
Video summary
Company Overview
Company Locations
Working at SBI Life Insurance Company
Company Summary
SBI Life, a leading life insurance company in India, offers a range of life insurance plans and policies at affordable premium.
Overall Rating
3.8/5
based on 3.8k reviews
3% below
industry average
Highly rated for
Job security
Critically rated for
Promotions
Work Policy
Work from office
77% employees reported
Monday to Saturday
53% employees reported
Strict timing
51% employees reported
Within city
57% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
196 employees reported
Health insurance
192 employees reported
Office cab/shuttle
82 employees reported
Professional degree assistance
60 employees reported
View all benefits
About SBI Life Insurance Company
Founded in2001 (24 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersMumbai, Maharashtra, India
Office Locations
Websitesbilife.co.in
Primary Industry
Other Industries
Are you managing SBI Life Insurance Company's employer brand? To edit company information,
claim this page for free
View in video summary
SBI Life is one of the leading Life Insurance companies in India. We are a joint venture between India’s largest bank State Bank of India and the leading global insurance company BNP Paribas Cardif.
Mission: To emerge as the leading company offering a comprehensive range of life insurance and pension products at competitive prices, ensuring high standards of customer satisfaction and world class operating efficiency thereby becoming a model life insurance company in India in the post liberalization period.
Vision: To be the most trusted and preferred life insurance provider
Managing your company's employer brand?
Claim this Company Page for FREE
SBI Life Insurance Company Ratings
based on 3.8k reviews
Overall Rating
3.8/5
How AmbitionBox ratings work?
5
1.8k
4
777
3
542
2
239
1
473
Category Ratings
3.8
Job security
3.6
Company culture
3.6
Skill development
3.5
Salary
3.4
Work-life balance
3.4
Work satisfaction
3.3
Promotions
SBI Life Insurance Company is rated 3.8 out of 5 stars on AmbitionBox, based on 3.8k 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 SBI Life Insurance Company
based on 3.6k reviews
3.8
Rated by 610 Women
Rated 3.9 for Job security and 3.6 for Company culture
3.8
Rated by 3k Men
Rated 3.8 for Job security and 3.6 for Salary
Work Policy at SBI Life Insurance Company
based on 482 reviews in last 6 months
Work from office
77%
Hybrid
16%
Permanent work from home
7%
SBI Life Insurance Company Reviews
Top mentions in SBI Life Insurance Company Reviews
+ 5 more
Compare SBI Life Insurance Company with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.8/5 based on 3.8k reviews | 4.1/5 based on 6.2k reviews | 4.1/5 based on 5.4k reviews | 4.0/5 based on 9.1k reviews |
Highly Rated for | Job security | Job security Skill development Salary | Skill development Job security Company culture | Skill development Job security Work-life balance |
Critically Rated for | Promotions | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 77% employees reported | Work from office 87% employees reported | Work from office 81% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 3.8 Good rated by 610 women | 4.0 Good rated by 1.4k women | 4.1 Good rated by 1.2k women | 3.9 Good rated by 1.9k women |
Rating by Men Employees | 3.8 Good rated by 3k men | 4.1 Good rated by 4.6k men | 4.1 Good rated by 4k men | 4.0 Good rated by 6.8k men |
Job security | 3.8 Good | 4.1 Good | 4.0 Good | 3.9 Good |
View more
SBI Life Insurance Company Salaries
SBI Life Insurance Company salaries have received with an average score of 3.5 out of 5 by 3.8k employees.
Business Development Manager
(934 salaries)
Unlock
₹1.9 L/yr - ₹7 L/yr
Senior Associate
(537 salaries)
Unlock
₹2 L/yr - ₹6.8 L/yr
Senior Business Development Executive
(433 salaries)
Unlock
₹2.7 L/yr - ₹5.4 L/yr
Area Manager
(223 salaries)
Unlock
₹4.6 L/yr - ₹14.2 L/yr
Agency Manager
(218 salaries)
Unlock
₹2.8 L/yr - ₹5 L/yr
Senior Business Development Manager
(203 salaries)
Unlock
₹3.4 L/yr - ₹8.5 L/yr
BDM
(179 salaries)
Unlock
₹2.2 L/yr - ₹6.5 L/yr
Business Development Executive
(170 salaries)
Unlock
₹2 L/yr - ₹4.5 L/yr
Associate Vice President
(169 salaries)
Unlock
₹9 L/yr - ₹40 L/yr
Branch Manager
(167 salaries)
Unlock
₹6.5 L/yr - ₹15.7 L/yr
SBI Life Insurance Company Interview Questions
Interview questions by designation
Top SBI Life Insurance Company interview questions and answers
Get interview-ready with top interview questions
SBI Life Insurance Company Jobs
Popular Designations SBI Life Insurance Company Hires for
Area Manager
Create job alerts
Business Development Executive
Create job alerts
Agency Manager
Create job alerts
Agency Sales Manager
Create job alerts
Popular Skills SBI Life Insurance Company Hires for
Current Openings
SBI Life Insurance Company News
View all
Powell To Speak, PMI Print, ECB Rate Decision, US Tariffs — The Week Ahead
- The upcoming week features key events such as US Federal Reserve Chair Jerome Powell's speech, ECB interest rate decision, US Manufacturing PMI release, and the US jobs report on Friday.
- US tariff announcements on Mexico and Canada, along with fresh duties on Chinese goods by US President Donald Trump are anticipated.
- In India, NSE Nifty 50 index is expected to remain around 22,600 amidst slowing growth and foreign outflows, with weak sentiment prevailing.
- Global markets experienced volatility and geopolitical anxiety, with the US stocks rebounding slightly at the end of the week after February losses.
- Primary market activity will remain subdued with no mainboard offerings but a few SME offerings are expected, including listings of companies like Balaji Phosphates Ltd. and NAPS Global India Ltd.
- In the corporate sector, shares of SBI Life Insurance, Castrol India, DIC India, and others will turn ex-date for interim dividends, while some companies will undergo stock splits.
- S&P Global will release the Nikkei S&P Global Manufacturing PMI, and the Reserve Bank of India will release foreign reserve data during the week.
- Fed Chair Powell's upcoming speech, the release of Fed monetary policy report, US unemployment data, and PMI figures will be closely monitored in the coming week.
- Europe will announce consumer price inflation and lending rates, while China and Japan will release PMI data, contributing to market movements.
- The NSE Nifty 50 and BSE Sensex faced heavy losses, marking the benchmark indices' lowest levels and challenging months for the market, with most sectors reporting declines.
Bloomberg Quint | 1 Mar, 2025
Corporate Actions This Week — SBI Life Insurance, Anand Rathi Wealth
- SBI Life Insurance has declared an interim dividend of Rs 2.7 per share for the financial year 2024-25.
- Anand Rathi Wealth has approved a 1:1 bonus issue, allotting 4.15 crore fully paid-up bonus shares of Rs 5 each.
- The record date for SBI Life Insurance shareholder eligibility is March 7, and the dividend will be credited on or before March 30.
- The record date for Anand Rathi Wealth shareholder eligibility is March 5, with the deemed date of allotment set for March 6.
Bloomberg Quint | 1 Mar, 2025
Stock Market Today: All You Need To Know Going Into Trade On Feb. 27
- Indian benchmark indices ended mixed, with Nifty 50 down by 0.03% and Sensex up by 0.20% on Tuesday.
- Foreign portfolio investors continued as net sellers of Indian equities for the fifth consecutive day.
- Domestic institutional investors remained net buyers for the 15th straight session.
- The Indian rupee depreciated against the US dollar on Tuesday.
- Key stocks to watch include Dr. Reddy's Laboratories, Waaree Energies, Adani Green Energy, Tata Power, among others.
- Various companies announced new developments and agreements in renewable energy projects and other sectors.
- Stocks like Ultratech Cement, Coforge, Hexaware Technologies, and SBI Life Insurance reported significant updates.
- Several companies made trading tweaks and saw changes in price bands.
- F&O cues revealed details such as Nifty futures performance, options open interest, and securities in the ban period.
- The Indian rupee weakened against the US dollar, closing at 87.20 on Tuesday.
Bloomberg Quint | 27 Feb, 2025
SBI Life Appoints Dorababu Daparti As Deputy CEO
- SBI Life Insurance appoints Dorababu Daparti as Deputy CEO.
- Daparti has three decades of experience in the financial industry and started his career with the State Bank of India in 1995.
- He has previously served as the country head and CEO of State Bank of India Maldives operations.
- Shares of SBI Life closed 0.6% lower at Rs 1,486.50 apiece.
Bloomberg Quint | 24 Feb, 2025
Nifty 50 Top Gainers And Losers On Feb. 21: From Tata Steel, Hindalco To Eicher Motors, BPCL
- The NSE Nifty 50 ended 117.25 points or 0.51% lower at 22,795.90, while the BSE Sensex closed 424.90 points or 0.56% lower at 75,311.06.
- The only sector to end the day in the green was Nifty Metal. The NSE Nifty Auto is the worst performing sector.
- The top gainer for the day was Hindalco Ltd, which gained 2.31% during trade. Tata Steel Ltd. was the next biggest gainer, rising 1.99%. SBI Life Ltd. and Eicher Motors Ltd. shares advanced 1.36% and 1.32%, respectively.
- The top losers were Mahindra and Mahindra Ltd., Adani Ports and Special Economic Zones Ltd., and BPCL Ltd., which declined by 6.15%, 2.66%, and 2.51% respectively.
Bloomberg Quint | 21 Feb, 2025
Markets stage sharp recovery from day’s low, end marginally lower
- The BSE Sensex closed lower by 122.52 points or 0.16 per cent at 76,171.08, while the NSE Nifty 50 declined by 26.55 points or 0.12 per cent to end at 23,045.25.
- The market's V-shaped recovery was particularly noteworthy, with the Nifty bouncing back by 346 points from its intraday low near 22,800.
- Among the Nifty gainers, Bajaj Finserv led the pack with a 2.72 per cent rise, followed by SBI Life (+2.04 per cent), Shriram Finance (+1.87 per cent), HDFC Life (+1.66 per cent), and Tata Steel (+1.64 per cent).
- Market participants are closely watching the upcoming US CPI data release, which could provide further direction.
HinduBusinessLine | 12 Feb, 2025
Budget 2025: LIC, HDFC Life, ICICI Prudential Shares Fall As ULIPs To Be Part Of Capital Gains
- Shares of Life Insurance Corp., HDFC Life Insurance Co., SBI Life Insurance Co. and ICICI Prudential Life Insurance Co. declined on Saturday after the government introduced amendments to the Income Tax Act and brought the taxation of Unit Linked Insurance Policies under capital assets.
- The gains from redeeming the ULIPs that are not eligible for exemption will now be taxed as capital gains.
- The government also announced a rise in the foreign-direct-investment limit in insurance to 100% in the Union Budget 2025–26.
- Shares of ICICI Prudential, SBI Life, and HDFC Life saw a decline, while other insurance companies traded in the green.
Bloomberg Quint | 1 Feb, 2025
Broker’s call: SBI Life (Outperform)
- SBI Life Insurance reported 11% YoY and 29% QoQ growth in Q3-FY25 VNB (value of new business).
- VNB margin for YTD-FY25 was stable at 26.9% and in line with the margin guidance.
- Q3-FY25 APE (annual premium equivalent) growth was 13% YoY and 29% QoQ.
- SBI Life remains confident of achieving 14-15% individual APE growth and 10%+ overall APE growth for FY25.
HinduBusinessLine | 20 Jan, 2025
Broker’s call: SBI Life (Outperform)
- SBI Life Insurance reported 11% YoY and 29% QoQ growth in Q3-FY25 VNB.
- VNB margin was stable at 26.9% (up 10bps QoQ) and in line with the guidance.
- ULIP sales witnessed robust growth of 18% YoY and 41% QoQ.
- SBI Life remains a top pick with attractive valuations and expected RoEV of 19% over FY25-27E.
HinduBusinessLine | 20 Jan, 2025
SBI Life Insurance's Growth Looks Predictable Post Q3 Results, Analysts Say
- SBI Life Insurance's growth trajectory looks predictable after strong Q3 earnings.
- Emkay Global has upgraded its rating to buy and raised the target price to Rs 1,850.
- Motilal Oswal expects momentum in SBI Life Insurance's APE collection to continue.
- The company posted net profit of Rs 551 crore, up 71.2% YoY, and net premium income of Rs 24,828 crore, up 11.3% YoY.
Bloomberg Quint | 20 Jan, 2025
Powered by
Compare SBI Life Insurance Company with
Bajaj Allianz Life Insurance
4.0
Kotak Mahindara Life Insurance
3.7
Reliance Nippon Life Insurance
3.6
Tata AIA Life Insurance
4.0
Aditya Birla Sun Life Insurance
4.0
PNB MetLife
3.4
Life Insurance Corporation of India
4.3
ICICI Lombard General Insurance Company
3.7
HDFC Ergo General Insurance
3.9
Bajaj Allianz General Insurance
3.9
Gallagher
3.7
Star Health & Allied Insurance
3.6
SBI General Insurance
3.7
MetLife
4.2
Aditya Birla Health Insurance Co
3.9
Shriram Life Insurance
3.6
Principal Global Services
4.0
Allianz
4.4
The New India Assurance Co.
4.5
United India Insurance Company
4.3
Edit your company information by claiming this page
Contribute & help others!
You can choose to be anonymous
Companies Similar to SBI Life Insurance Company
ICICI Prudential Life Insurance
Financial Services, Insurance
4.1
• 6.2k reviews
HDFC Life
Banking / Insurance / Accounting, Financial Services, Insurance
4.0
• 9.1k reviews
Axis Max Life Insurance
Consumer goods, Financial Services, Manufacturing, Insurance
4.1
• 5.4k reviews
Bajaj Allianz Life Insurance
Financial Services, Insurance
4.0
• 4.9k reviews
Kotak Mahindara Life Insurance
Banking / Insurance / Accounting, Financial Services, Insurance
3.7
• 2.8k reviews
Reliance Nippon Life Insurance
Financial Services, Insurance
3.6
• 2.7k reviews
Tata AIA Life Insurance
Financial Services, Insurance
4.0
• 3.2k reviews
Aditya Birla Sun Life Insurance
Financial Services, Insurance
4.0
• 2.7k reviews
PNB MetLife
Financial Services, Insurance
3.4
• 2.8k reviews
Life Insurance Corporation of India
Banking / Insurance / Accounting, Financial Services, Insurance
4.3
• 1.9k reviews
ICICI Lombard General Insurance Company
Financial Services, Insurance
3.7
• 4.5k reviews
HDFC Ergo General Insurance
Financial Services, Insurance
3.9
• 3.2k reviews
SBI Life Insurance Company FAQs
When was SBI Life Insurance Company founded?
SBI Life Insurance Company was founded in 2001. The company has been operating for 24 years primarily in the Insurance sector.
Where is the SBI Life Insurance Company headquarters located?
SBI Life Insurance Company is headquartered in Mumbai, Maharashtra. It operates in 9 cities such as Mumbai, Hyderabad / Secunderabad, Bangalore / Bengaluru, Pune, Nagpur. To explore all the office locations, visit SBI Life Insurance Company locations.
How many employees does SBI Life Insurance Company have in India?
SBI Life Insurance Company currently has more than 23,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in SBI Life Insurance Company based on the number of reviews submitted on AmbitionBox.
Does SBI Life Insurance Company have good work-life balance?
SBI Life Insurance Company has a work-life balance rating of 3.4 out of 5 based on 3,800+ employee reviews on AmbitionBox. 33% employees rated SBI Life Insurance Company 3 or below, while 67% 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 SBI Life Insurance Company work-life balance reviews for more details
Is SBI Life Insurance Company good for career growth?
Career growth at SBI Life Insurance Company is rated as moderate, with a promotions and appraisal rating of 3.3. 33% employees rated SBI Life Insurance Company 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 SBI Life Insurance Company promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in SBI Life Insurance Company?
Working at SBI Life Insurance Company comes with several advantages and disadvantages. It is highly rated for job security. However, it is poorly rated for promotions / appraisal, based on 3,800+ employee reviews on AmbitionBox.
Stay ahead in your career. Get AmbitionBox app
Helping over 1 Crore job seekers every month in choosing their right fit company
70 Lakh+
Reviews
5 Lakh+
Interviews
4 Crore+
Salaries
1 Cr+
Users/Month
Contribute to help millions
Get AmbitionBox app
Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.
Follow us
