sbi life insurance company Reviews

Likes

The only thing I find better is bit of work life balance .

Dislikes

I did joined Sbi life as a executive trainee after completing PGDM from a very reputed college in Mumbai. There is no learning atmosphere neither there is atmosphere
To learn. Being a sales dominant company the bunch of staff is not even well qualified or have working professional ethics. They moreover thing themselves as sbi banks employee. I consider Sbi life as one the worst employer as after two years I am far behind from my college frnds who started carrrier along wid me. It is said well begin is half done but Sbi life made all false statement during placement time and I think only Sbilife is responsible for such lame start of my carrier. And at last they didt even paid my yearly bonus.

Work

I was given sales target from the first day of my joining without giving proper training and support.

Likes

SBI Life Insurance Co . Is one of the largest Insurance company in Private sector Industries in India , I am very happy with working in this Company, I have joined in this Company as a territory Manager and I have taken Three nos . of promotions and I am now Branch Head , promotional scope is very high here if somebody gives his / her 100% for the development there own .then promotion will automatically happen in this Company. I am very proud to be a part of this Company and I am giving my 100 % for the development of this Company, I have given my 100% to my earlier Companies also and in future also when ever I join other company also I will give my 100% for the development of my Company, I always suggest my junior staff work with dedication and give your best to the Company for your development, if you develop urself than nobody will stop you for your upliftmemt .

Dislikes

I am from Assam state , and I am posted in Tura Meghalaya State from the year 2011 so transfer issue is at present my dislikes. I want to preferably in Assam .

Likes

I am working in SBI Life Insurance Co Ltd with long term goals such as steady career growth and stable work life balance.

Dislikes

I feel leadership group of the company is mostly working in short term goals and YOY profitability rather than developing resources for long term. Insurance industry is a long term business and required visionary planning.

Work

I am handling a team of branch managers and unit managers. Unit managers recruit insurance advisors who works on commission basis. I am handling a parent branch where Unit Managers are directly reporting to me. Other branches have separate Branch manager

Likes

Nothing

Dislikes

Not good for honest , hardworking and ethical individual .. RD / RSM behave like dictators , if you bring it the notice of top management they don’t even bother to reply or give you proper hearing ..Job security is not there even after getting rating of 4 and certificate of exellence .. they use probation as a tool to blackmail. Sabotage and ruin careers if they don’t like you or you don’t do whatever they want you to do ... HR is just puppet in the hands of RD .. ASM use their supports ( female ) and RD / RSM connive with them ..

Work

It was exciting but due to dirty politics I was made scapegoat and had to leave .

Likes

Nothing

Dislikes

I have worked 1years10 months in Trichy, Tamilnadu, though we put hard work in team building and concentrate in business much better but the DSM And ASM always blaming and not show any satisfactory level for the performance. The DSM Prepared on her own the bogus chart cheating customers in the way of showing 20% returns for ULIP product and directly dealing with IA, asking 50%share of commission for ever closing calls, and also send the bogus chart to client without my knowledge. Though I made it a complaint to RD,RSM they not even respond it, they seek only the business counting from the particular DSM.

Work

Challenging job, always the company need not care about benchmark business,they always demand 100 times more on benchmark.

Likes

Brand value was more there contemporary Life Insurance Cos as it is associated with SBI

Dislikes

Company leadership don't stress on long term goals. Short term goals like YoY growth has more focus as leaders don't have to be in company for long term. They are on deputation from promoting company SBI for a short term.

Work

I am working as Divisional Sales Manager where Branch Managers are reporting me in retail agency channel. I have worked as Sr Area Manager, North East India in Bancassurance channel.

Likes

Company following latest technology and new innovations. I got good working experience. All collegues are working under a one roof

Dislikes

My ambition is to get a good permanent job in reputed firm like Sbi life insurance. iam a contract employee working in Sbi life insurance. Mine is a good employee and got 3 year experience, therefore already learning new experiences. But according to company rules not taken any contract employees, resign later 6 months

Work

good

Likes

This is a nice career for those who are gregarious and like to meet people.Its a good learning experience as failure brings wisdom and one will meet all shades of people during his tenure.

Dislikes

Job satisfaction is rare trait in Insurance Industry. One needs to meet the targets on regular basis and becomes somewhat difficult when one needs to build the team and maintain the flow of Premium, simultaneously . An employee is always on his own and needs to have alot of patience to survive.

Work

Hectic

Likes

good facility by hr

Dislikes

not good package. expectations are very high if you will achive your targets than also, sr dsm thinks like junior staff foolish:- abuses me, no support, seniors can say anything but they are not ready to listen you , i was in agency channel in sales in chandigarh location, paying small salary giving instructions like show your profile you are earning more, with small salary expectations are :- do the party with advisors, drink with them and do more expenses from your salary. forgot your family

Work

hectic, do expenses from your salary with advisors party

Likes

Sbi Life is like a family. You feel like home working there. The culture is amazing and you get some great co workers to work with. Appraisals are super excellent. Travel is close to none as far as operations area is concerned.

Dislikes

Only thing is that during month end closings one needs to stay late. A bit lengthy working hours during closings.

Work

This depends on the person's approach. Work is hectic, no doubt but at sbilife if you are working with a dedicated team then it can be real fun.