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SBI Life Insurance Company

3.8
based on 4.3k Reviews
Video summary

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 4.3k reviews
highly rated categories
On-Par with
industry average
highly rated categories
Highly rated for

Job security

highly rated categories
Critically rated for

Promotions

Work Policy
Work from office
Work from office
75% employees reported
Monday to Saturday
Monday to Saturday
55% employees reported
Strict timing
Strict timing
51% employees reported
Within city
Within city
57% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
196 employees reported
Health insurance
Health insurance
192 employees reported
Office cab/shuttle
Office cab/shuttle
82 employees reported
Professional degree assistance
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 4.3k reviews

Overall Rating

3.8/5
How AmbitionBox ratings work?
5
2k
4
868
3
613
2
282
1
555

Category Ratings

3.9

Job security

3.6

Skill development

3.5

Company culture

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 4.3k 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 4.1k reviews
3.8
Rated by 698 Women
Rated 3.9 for Job security and 3.6 for Company culture
3.8
Rated by 3.4k Men
Rated 3.9 for Job security and 3.6 for Skill development

Work Policy at SBI Life Insurance Company

based on 666 reviews in last 6 months
Work from office
75%
Hybrid
17%
Permanent work from home
8%

SBI Life Insurance Company Reviews

Top mentions in SBI Life Insurance Company Reviews

+ 5 more

Compare SBI Life Insurance Company with Similar Companies

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Overall Rating
3.8/5
based on 4.3k reviews
4.0/5
based on 6.9k reviews
Awards Tag
4.1/5
based on 6.1k reviews
3.9/5
based on 10.3k reviews
Highly Rated for
Job security
Job security
Skill development
Salary
Skill development
Company culture
Work-life balance
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
82% employees reported
Work from office
80% employees reported
Rating by Women Employees
3.8
Good
rated by 698 women
3.9
Good
rated by 1.5k women
4.0
Good
rated by 1.3k women
3.8
Good
rated by 2.2k women
Rating by Men Employees
3.8
Good
rated by 3.4k men
4.0
Good
rated by 5.1k men
4.1
Good
rated by 4.5k men
4.0
Good
rated by 7.7k men
Job security
3.9
Good
4.0
Good
3.9
Good
3.8
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 4.3k employees.

Business Development Manager

(1.1k salaries)
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₹2.5 L/yr - ₹7 L/yr

Senior Associate

(547 salaries)
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₹2.6 L/yr - ₹7 L/yr

Senior Business Development Executive

(437 salaries)
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₹2.2 L/yr - ₹5.3 L/yr

Area Manager

(253 salaries)
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₹5.9 L/yr - ₹13 L/yr

Agency Manager

(228 salaries)
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₹2.8 L/yr - ₹5.1 L/yr

Senior Business Development Manager

(197 salaries)
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₹3.8 L/yr - ₹8.1 L/yr

Sr. BDE

(195 salaries)
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₹3 L/yr - ₹5 L/yr

BDM

(182 salaries)
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₹2.5 L/yr - ₹6.3 L/yr

Sr BDM

(177 salaries)
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₹3.5 L/yr - ₹7.7 L/yr

Business Development Executive

(172 salaries)
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₹2 L/yr - ₹4.7 L/yr

SBI Life Insurance Company Interview Questions

A Development Manager was asked Q. Insurance is a challenging field. What is your opinion on it, and do y...read more
A Senior Business Development Executive was asked Q. What are your expected CTC?
Get interview-ready with top interview questions and answer
An Agency Manager was asked Q. How can you recruit agents and build business?
A Senior Business Development Manager was asked Q. Need to discribe equity debt balanced
An Unit Manager was asked 7mo agoQ. How will you generate business?

SBI Life Insurance Company News

View all

Nifty Prediction today – Jun 27, 2025: Index may moderate before next upswing

HinduBusinessLine | 27 Jun, 2025
Nifty Prediction today – Jun 27, 2025: Index may moderate before next upswing

Nifty 50 Top Gainers, Losers On June 16: HDFC Life, UltraTech To Tata Motors

Bloomberg Quint | 16 Jun, 2025
Nifty 50 Top Gainers, Losers On June 16: HDFC Life, UltraTech To Tata Motors

IRDAI relaxes norms, asks insurers not to deny, delay claims  

HinduBusinessLine | 14 Jun, 2025
IRDAI relaxes norms, asks insurers not to deny, delay claims  

Premier Energies Block Deal: Quant Mutual Fund, Premji Invest, SBI Life Among Top Buyers

Bloomberg Quint | 10 Jun, 2025
Premier Energies Block Deal: Quant Mutual Fund, Premji Invest, SBI Life Among Top Buyers

HSBC Global Hikes Target Price For India Life Insurance, JPMorgan Remains Mixed

Bloomberg Quint | 10 Jun, 2025
HSBC Global Hikes Target Price For India Life Insurance, JPMorgan Remains Mixed

Life Insurance Data: Premiums Rise 13% In May

Bloomberg Quint | 9 Jun, 2025
Life Insurance Data: Premiums Rise 13% In May

Max Financial, HDFC Life, SBI Life On CLSA's Radar As Regulatory Concerns Ease

Bloomberg Quint | 27 May, 2025
Max Financial, HDFC Life, SBI Life On CLSA's Radar As Regulatory Concerns Ease

SBI Life Insurance, Vidyaniti buy 4.25% unit-holding in NHIT for ₹1,100 cr

HinduBusinessLine | 27 May, 2025
SBI Life Insurance, Vidyaniti buy 4.25% unit-holding in NHIT for ₹1,100 cr

Broker’s call: SBI LIfe (Buy)

HinduBusinessLine | 19 May, 2025
Broker’s call: SBI LIfe (Buy)

PNB Housing Finance Block Deal: Carlyle Group Sells Entire Stake For Rs 2,712 Crore

Bloomberg Quint | 3 May, 2025
PNB Housing Finance Block Deal: Carlyle Group Sells Entire Stake For Rs 2,712 Crore
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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 4,300+ 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, work satisfaction and work life balance, based on 4,300+ employee reviews on AmbitionBox.
SBI Life Insurance Company Overview
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