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SBI Life Insurance Company
3.8
based on 3.9k 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 3.9k reviews
On-Par with
industry average
Highly rated for
Job security
Critically rated for
Promotions
Work Policy
Work from office
75% employees reported
Monday to Saturday
55% 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
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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
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SBI Life Insurance Company Ratings
based on 3.9k reviews
Overall Rating
3.8/5
How AmbitionBox ratings work?
5
1.8k
4
799
3
553
2
246
1
497
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 3.9k 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 SBI Life Insurance Company
based on 3.7k reviews
3.7
Rated by 632 Women
Rated 3.9 for Job security and 3.6 for Company culture
3.8
Rated by 3.1k Men
Rated 3.8 for Job security and 3.6 for Company culture
Work Policy at SBI Life Insurance Company
based on 532 reviews in last 6 months
Work from office
75%
Hybrid
18%
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 3.9k 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 | Job security | Job security Skill development Salary | Skill development Job security Company culture | Skill development Work-life balance Job security |
Critically Rated for | Promotions | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 75% employees reported | Work from office 87% employees reported | Work from office 80% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 3.7 Good rated by 632 women | 4.0 Good rated by 1.4k women | 4.1 Good rated by 1.2k women | 3.9 Good rated by 2k women |
Rating by Men Employees | 3.8 Good rated by 3.1k men | 4.1 Good rated by 4.6k men | 4.1 Good rated by 4.1k men | 4.0 Good rated by 7k men |
Job security | 3.8 Good | 4.1 Good | 4.0 Good | 3.8 Good |
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SBI Life Insurance Company Salaries
SBI Life Insurance Company salaries have received with an average score of 3.5 out of 5 by 3.9k employees.
Business Development Manager
(936 salaries)
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₹1.9 L/yr - ₹7 L/yr
Senior Associate
(539 salaries)
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₹2.3 L/yr - ₹7 L/yr
Senior Business Development Executive
(425 salaries)
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₹2.7 L/yr - ₹5.4 L/yr
Area Manager
(246 salaries)
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₹5.4 L/yr - ₹14.5 L/yr
Agency Manager
(219 salaries)
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₹2.8 L/yr - ₹5 L/yr
Senior Business Development Manager
(207 salaries)
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₹3.4 L/yr - ₹8.5 L/yr
BDM
(177 salaries)
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₹1.9 L/yr - ₹6.5 L/yr
Insurance Adviser
(172 salaries)
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₹1 L/yr - ₹5.5 L/yr
Associate Vice President
(171 salaries)
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₹9 L/yr - ₹36 L/yr
Branch Manager
(171 salaries)
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₹6.5 L/yr - ₹15.7 L/yr
SBI Life Insurance Company Interview Questions
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SBI Life Insurance Company Jobs
Popular Designations SBI Life Insurance Company Hires for
Business Development Manager
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SBI Life Insurance Company News
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Utilities, Telecom, Insurance Have More Valuation Comfort, Says Rajesh Bhatia Of ITI AMC
- Utilities, insurance, large private banks, and telecom companies present greater predictability and valuation comfort in the prevailing uncertain market environment.
- Digital commerce companies in insurance and payments can 'spice up' a portfolio.
- ITI Long Short Equity Fund's strategic long positions are primarily allocated across five key stocks: Bharti Airtel, HDFC Bank, Reliance Industries, SBI Life, and Infosys.
- Rajesh Bhatia prefers domestic pharma companies due to their business model and the difficulty in predicting the cyclicality of generics.
Bloomberg Quint | 2 Apr, 2025
PSU Bank stocks: PSB, UCO Bank shares tumble
- PSB and UCO Bank stocks tumble as PSB raised ₹1,219 crore through qualified institutional placement (QIP).
- PSB issued 16.40% shares to Life Insurance Corporation of India and 8.20% to SBI Life Insurance Co Ltd.
- UCO Bank's board approved allotment of shares at a price of ₹34.27 per share, aggregating to ₹1,999 crore.
- PSB shares traded 18.91% lower and UCO Bank shares traded 7.20% lower on the NSE.
HinduBusinessLine | 1 Apr, 2025
Markets soar as FII inflows drive broad-based rally; Sensex breaches 77K intraday
- The domestic market had a consistent recovery despite mixed global cues, with investors showing optimism and shrugging off negative global market sentiment.
- FIIs are becoming net buyers driven by dovish signals from the US Fed, leading to anticipated two rate cuts this year.
- Market saw FPIs as net buyers in the capital market segment, investing in equities, while DIIs were net sellers during the same period.
- The broader markets outperformed benchmarks, with Nifty Midcap Select and Nifty Next 50 registering gains, along with strong performance from banking and financial stocks.
- SBI Life emerged as the top gainer on the NSE, while Trent led the losers in the stock market.
- Market breadth remained positive with more stocks advancing than declining on the BSE, showing overall market strength.
- Market capitalization saw significant growth, with BSE's total market cap and top 10 companies' market cap rising during the week.
- Sensex breached the 77k mark in intra-day trades, with investors engaging in short covering activities ahead of the monthly F&O expiry.
- Indian rupee strengthened against the US dollar due to FII inflows and the Fed's decision to hold rates steady, aiding rupee appreciation.
- Gold witnessed profit-booking while oil prices held gains above $68.3 per barrel due to ongoing geopolitical tensions.
HinduBusinessLine | 21 Mar, 2025
Markets soar as FII inflows drive broad-based rally; Sensex breaches 77K intraday
- The domestic market saw a strong recovery driven by FII inflows and positive global cues, with FIIs becoming net buyers amid dovish signals from the US Fed.
- FPIs were net buyers in the capital market, while DIIs and NRIs were net sellers, leading to a mixed trend in fund flows.
- Broader markets outperformed benchmarks, with Nifty Midcap Select and Nifty Next 50 showing positive growth.
- Banking and financial stocks performed well, with Nifty Bank and Nifty Financial Services closing higher.
- Individual stocks like SBI Life, NTPC, and ONGC were top gainers, while Trent and M&M were among the losers.
- Market breadth remained positive, with more advancing stocks than declining ones on the BSE.
- Market capitalization increased significantly, with BSE's total market capitalization witnessing considerable growth.
- The Indian rupee strengthened against the US dollar, supported by FII inflows and the Fed's dovish stance on interest rates.
- Gold prices saw profit-booking as rupee strength impacted MCX prices, while oil prices remained steady due to geopolitical tensions.
- Analysts are optimistic about market momentum, with Nifty showing strength and facing immediate support and resistance levels.
HinduBusinessLine | 21 Mar, 2025
Nifty Top Gainers And Losers On March 21: From SBI Life, NTPC To Trent, M&M
- The NSE Nifty 50 closed 159.75 points or 0.69% higher at 23,350.40, while the BSE Sensex ended 557.45 points or 0.73% up at 76,905.51.
- SBI Life Insurance Co. was the top gainer as the stock soared as much 3.67% to trade at Rs 1,553.20 apiece.
- The second biggest performer was NTPC Ltd., which gained 3.54% to Rs 353.85 apiece during the day.
- The top laggard was Trent Ltd. as the stock fell 1.84%, along with Mahindra & Mahindra Ltd. that closed 0.93% at Rs 2,801.85.
Bloomberg Quint | 21 Mar, 2025
Top gainers & losers intraday 21 March 2025: Bajaj Finance, Manappuram hits 52-week high
- Top gainers: Bajaj Finance, Bharat Petroleum, SBI Life, L&T, and NTPC.
- Top losers: IndusInd, Infosys, Trent, Bajaj Finserv, and Hindalco.
- The broader indices, Sensex and Nifty 50, rallied with gains of 0.86% and 0.83% respectively.
- Several stocks hit 52-week highs, including Bajaj Finance, Manappuram Finance, Avanti Feeds, and Kotak Mahindra.
HinduBusinessLine | 21 Mar, 2025
Market rallies as pharma, financial sectors lead gains
- Dr. Reddy’s Laboratories, SBI Life, Bajaj Finserv, Trent, and Axis Bank were the top gainers in the market.
- Wipro, BPCL, Hero MotoCorp, ITC, and Nestle India were the top losers in the market.
- The healthcare and financial sectors contributed to the positive trading session.
- The Nifty Bank index and Nifty Financial Services showed gains, while the Media index saw a decline.
HinduBusinessLine | 17 Mar, 2025
Top gainers & losers intraday March 17, 2025: SBI Life, Dr Reddy’s Lab lead gains, Ola Electric, MobiKwik, Hyundai hits 52-week low
- Pharma and banking stocks gained, while oil & gas, IT, and FMCG stocks slipped.
- SBI Life Insurance and Dr Reddy’s Laboratories were the top gainers on the Nifty 50.
- BPCL, Britannia, Wipro, Hero Motocorp, and Asian Paints were among the top losers.
- MobiKwik, Ola Electric, Happiest Minds, LTIMindtree, and Hyundai Motor India hit a 52-week low.
HinduBusinessLine | 17 Mar, 2025
Markets extend morning gains; Financial Services lead while oil retailers lag
- Markets extended morning gains with financial services leading the way and oil retailers lagging.
- Financial services stocks, including Bajaj Finserv and SBI Life, were among the major gainers.
- Among the losers, BPCL, Britannia Industries, Wipro, Hero MotoCorp, and Asian Paints faced declines.
- Market breadth remained negative and technical indicators showed market caution.
HinduBusinessLine | 17 Mar, 2025
Top Stock Picks: MS Lists HDFC Life, SBI Life Among Large Insurers; Prefers Shriram Finance In NBFCs
- Morgan Stanley list HDFC Life and SBI Life among top large insurers, prefers Shriram Finance in NBFCs.
- Morgan Stanley is 'overweight' on HDFC Life Insurance and SBI Life Insurance due to healthy new business value growth and attractive valuation.
- Morgan Stanley is also 'overweight' on Bajaj Finance and Shriram Finance in the large-cap NBFC space.
- Morgan Stanley suggests small-cap housing financiers for better risk-reward ratios and expects outsized returns for PNB Housing Finance, Home First Finance, and Aptus Value Housing Finance.
Bloomberg Quint | 12 Mar, 2025
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Compare SBI Life Insurance Company with
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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, Visakhapatnam. 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 3,900+ 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 3,900+ employee reviews on AmbitionBox.
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