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SBI Life Insurance Company
3.8
based on 3.6k Reviews
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 3.6k reviews
28% above
industry average
Highly rated for
Job Security
Critically rated for
Promotions/Appraisal
Work Policy
Work from office
79% employees reported
Monday to Saturday
54% employees reported
Strict timing
51% employees reported
Within city
57% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
198 employees reported
Health insurance
194 employees reported
Office cab/shuttle
84 employees reported
Professional degree assistance
63 employees reported
View all benefits
About SBI Life Insurance Company
Founded in2001 (23 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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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 3.6k reviews
Overall Rating
3.8/5
How AmbitionBox ratings work?
5
1.7k
4
741
3
512
2
225
1
435
Category Ratings
3.9
Job Security
3.7
Skill Development
3.6
Salary & Benefits
3.6
Company Culture
3.5
Work-Life Balance
3.5
Work Satisfaction
3.3
Promotions/Appraisal
SBI Life Insurance Company is rated 3.8 out of 5 stars on AmbitionBox, based on 3.6k 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 3.4k reviews
3.8
Rated by 570 Women
Rated 3.9 for Job Security and 3.6 for Skill Development
3.8
Rated by 2.8k Men
Rated 3.9 for Job Security and 3.7 for Skill Development
Work Policy at SBI Life Insurance Company
based on 391 reviews in last 6 months
Work from office
79%
Hybrid
14%
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 3.6k reviews | 4.1/5 based on 6k reviews | 4.1/5 based on 5.1k reviews | 4.0/5 based on 8.5k reviews |
Highly Rated for | Job Security | Job Security Skill development Salary & Benefits | Skill development Company culture Job Security | Skill development Job Security Company culture |
Critically Rated for | Promotion/Appraisals | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 79% employees reported | Work from office 90% employees reported | Work from office 83% employees reported | Work from office 82% employees reported |
Rating by Women Employees | 3.8 Good rated by 570 women | 4.0 Good rated by 1.3k women | 4.1 Good rated by 1.1k women | 3.9 Good rated by 1.8k women |
Rating by Men Employees | 3.8 Good rated by 2.8k men | 4.1 Good rated by 4.4k men | 4.1 Good rated by 3.7k men | 4.0 Good rated by 6.3k men |
Job Security | 3.9 Good | 4.1 Good | 4.0 Good | 3.9 Good |
View more
SBI Life Insurance Company Salaries
3.6
rated by 3.6k employees for salariesBusiness Development Manager
(921 salaries)
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₹1.9 L/yr - ₹7 L/yr
Senior Associate
(545 salaries)
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₹2 L/yr - ₹6.8 L/yr
Senior Business Development Executive
(451 salaries)
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₹2.2 L/yr - ₹5.3 L/yr
Agency Manager
(265 salaries)
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₹2.8 L/yr - ₹5.1 L/yr
Area Manager
(263 salaries)
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₹5 L/yr - ₹14.2 L/yr
Senior Business Development Manager
(231 salaries)
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₹3 L/yr - ₹8.5 L/yr
BDM
(177 salaries)
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₹1.9 L/yr - ₹6.5 L/yr
Sr BDM
(166 salaries)
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₹3 L/yr - ₹8.2 L/yr
Business Development Executive
(163 salaries)
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₹2 L/yr - ₹4.5 L/yr
Sr. BDE
(163 salaries)
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₹3 L/yr - ₹5 L/yr
SBI Life Insurance Company Interview Questions
Interview questions by designation
Top SBI Life Insurance Company interview questions and answers
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Interview Process at SBI Life Insurance Company
based on 67 interviews in last 1 year
Interview Experience
4.1
Good
Difficulty level
Easy
29%
Moderate
55%
Hard
16%
People are getting interviews through
based on 143 SBI Life Insurance Company interviews
Referral
31%
Walkin
17%
Job Portal
15%
Campus Placement
13%
*24% candidates got the interview through other sources
High confidence
SBI Life Insurance Company News
View all
Nifty Top Gainers And Losers On Dec 24: From Tata Motors, Adani Enterprises To JSW Steel
- The NSE Nifty 50 ended 25.80 points or 0.11% down at 23,727.65 and the BSE Sensex settled 67.30 points or 0.1% lower at 78,472.87.
- Tata Motors, Adani Enterprises, and Bharat Petroleum Corp. were the top gainers for the day.
- Power Grid Corp., JSW Steel Ltd., SBI Life Insurance Co., and Titan Co. were among the worst performers.
- Tata Motors closed 1.92% higher, Adani Enterprises' stock rallied and BPCL closed 1% higher on Tuesday.
Bloomberg Quint | 24 Dec, 2024
Tech stocks lead cautious market open amid inflation expectations
- Technology stocks lead the market in the morning trading session with Tech Mahindra, Bharti Airtel, and TCS as key gainers.
- Global tech sector performance boosts Indian IT stocks, driven by hopes of looser regulations and AI-driven earnings growth.
- Healthcare and consumer stocks face selling pressure, with Apollo Hospitals, SBI Life, and Titan experiencing declines.
- Market direction influenced by global economic indicators, domestic inflation expectations, and the potential 'Santa Rally'.
HinduBusinessLine | 12 Dec, 2024
LIC Fails To Impress As Brokerages Bet Big On Private Insurers
- LIC reported a 27% year-on-year decline in total premium collections in November, raising concerns about its ability to adapt to regulatory changes.
- Private insurers, including ICICI Prudential Life Insurance, HDFC Life, and SBI Life, outperformed LIC in November.
- Brokerages attribute the outperformance of private players to their ability to adapt to regulatory shifts and focus on high-margin segments.
- Brokerages are bullish on the life insurance sector, particularly private players, for the medium term, but advise caution due to new surrender regulations and uncertainty around the sector.
Bloomberg Quint | 10 Dec, 2024
Markets surge ahead, tech and consumer stocks lead midday rally
- Technology and consumer discretionary stocks drove the midday rally in the markets.
- Stocks like Titan, Infosys, Adani Enterprises, TCS, and Bharti Airtel led the gainers.
- Bajaj Auto, SBI Life, NTPC, HDFC Life, and Cipla faced selling pressure.
- Sectoral indices showed mixed performance, with the Nifty Bank and Nifty Financial Services indices gaining, while the Nifty Next 50 and Nifty Midcap Select indices had marginal changes.
HinduBusinessLine | 5 Dec, 2024
Market momentum continues as Sensex, Nifty advance amid sectoral divergence
- Market breadth indicates positive sentiment with more advances than declines on the Bombay Stock Exchange.
- Telecom and pharmaceutical stocks drive market gains, led by Bharti Airtel and Sun Pharma.
- Power and financial services stocks face mild pressure, with declines in Power Grid and SBI Life Insurance.
- Mixed trends observed in sectoral indices, with slight gains in Nifty Next 50 and Nifty Midcap Select indices.
HinduBusinessLine | 29 Nov, 2024
Broker’s call: SBI Life Insurance (Buy)
- We maintain Buy on SBI Life Insurance Company considering the attractive valuation and no major change in medium/long-term potential VNB growth/RoEV.
- Current valuation correction is overdone considering the scope of possibilities around lower bancassurance growth being able to offset by higher other channel growth and margin improvement.
- Margin improvement theory could also be supported by longer-term comparison with other countries who have higher VNB margins.
- SBI Life remains better placed within the industry in terms of lower levels of guaranteed products, cost structure, and deeper population access.
HinduBusinessLine | 25 Nov, 2024
'Buy' Maintained On SBI Life By ICICI Securities, Sees 33% Upside, Here's Why
- ICICI Securities maintains a 'Buy' rating on SBI Life.
- ICICI Securities sees a 33% upside potential for SBI Life.
- SBI Life's risk-reward is considered favorable at the current valuation.
- The long-term story of SBI Life is viewed as attractive.
Bloomberg Quint | 25 Nov, 2024
Market plunges midday: Adani stocks drag, select sectors show resilience
- The Sensex and Nifty both experienced a decline during midday trading, with the Sensex down 444.64 points or 0.57% and the Nifty down 172.90 points or 0.74%.
- Market breadth remained weak, with a higher number of declining stocks compared to advancing ones. Out of 3,975 stocks traded, 2,696 declined, while only 1,147 advanced.
- The Nifty Next 50 index witnessed a significant drop of 856.65 points or 1.26%, while the Nifty Midcap Select index managed a marginal gain of 38.60 points or 0.32%.
- Adani group stocks, including Adani Enterprises and Adani Ports, were among the major market laggards. Other notable losers included State Bank of India, SBI Life, and Britannia.
HinduBusinessLine | 21 Nov, 2024
Sensex extends rally, up 995 points as bulls take charge; M&M leads gainers
- Sensex extended its rally, gaining 995 points as bulls took charge.
- Auto major Mahindra & Mahindra emerged as the top gainer on the NSE, followed by retailer Trent, Tech Mahindra, Adani Ports, and Tata Motors.
- Insurance stocks faced selling pressure, with SBI Life, HDFC Life, and Bajaj Finserv declining.
- Nifty Next 50 and Nifty Midcap Select outperformed the benchmarks, while Nifty Bank and Nifty Financial Services also advanced.
HinduBusinessLine | 19 Nov, 2024
NTPC Green Energy IPO: LIC biggest anchor investor
- NTPC Green Energy has raised ₹3,960 crore via anchor book in its IPO, with LIC being the biggest investor.
- Marquee global institutional investors, including Goldman Sachs, Morgan Stanley, and Government of Singapore, also invested in the IPO.
- Domestic institutional investors such as ICICI Prudential, Kotak AMC, and SBI Life Insurance also bought shares of the company.
- NTPC Green Energy will use the net proceeds to repay debt, meet corporate purposes, and invest in new energy solutions.
HinduBusinessLine | 19 Nov, 2024
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