SBI LIFE INSURANCE COMPANY logo

Insurance · Mumbai, Maharashtra

SBI LIFE INSURANCE COMPANY

SBI Life, a leading life insurance company in India, offers a range of life insurance plans and policies at affordable premium.

  • Listed SBILIFE
  • 3.7from 10 employee reviews
  • 26 open roles
  • Avg. salary ₹5.8 L/yr
See 26 open jobs

Open roles

Open jobs at SBI LIFE INSURANCE COMPANY

26 open roles across 5 cities. Tap Apply and an agent fills in and submits the application for you.

Company overview

SBI LIFE INSURANCE COMPANY at a glance

Founded
200125 years running
Headquarters
MumbaiMaharashtra
Employees
25.7Kband 10K–50K
Company type
Indian corporate
Industry
Insurance
Business model
B2B · B2C
Monthly visits
4.5M−5.2%to their website
Crunchbase rank
#62,277on Crunchbase
Ownership
Publicly listedSBILIFE
Funding stage
Post Ipo Equity2 rounds · 6 investors

About

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

What people know them for

EnterpriseIndian originProduct basedPublicly listedSubsidiaryWell known

From live job postings

How SBI LIFE INSURANCE COMPANY is hiring

Calculated from the roles SBI LIFE INSURANCE COMPANY has posted across job boards and its own careers site.

Roles posted, last 6 months

26about 4 a month
MayOct

Where they hire

Pune3
Bengaluru2
Jalgaon2
Srinagar2
Ahmednagar1

Skills they ask for most

SalesCommunication SkillsBusiness DevelopmentField SalesInsuranceInsurance SalesBranch SalesConvincing PowerCustomer ServiceLife Insurance
Typical experience
0–5 yrs
Open to freshers
3 roles

Compensation

SBI LIFE INSURANCE COMPANY salaries by role

Yearly CTC in India. The rule spans the reported range; the coin marks the average.

Company average ₹5.8 L
  • Business Development Manager

    ₹2.4 L – ₹7 L

    Average ₹4.8 L

    934 reports

  • Senior Associate

    ₹2.5 L – ₹7 L

    Average ₹4.4 L

    575 reports

  • Senior Business Development Executive

    ₹2.2 L – ₹5.3 L

    Average ₹4.2 L

    411 reports

  • Area Manager

    ₹6 L – ₹13.3 L

    Average ₹9.2 L

    269 reports

  • Agency Manager

    ₹2.9 L – ₹5.5 L

    Average ₹4 L

    258 reports

  • Senior Business Development Manager

    ₹3.4 L – ₹8 L

    Average ₹5.6 L

    213 reports

  • Sr BDM

    ₹3.8 L – ₹7.7 L

    Average ₹5.4 L

    208 reports

  • Sr. BDE

    ₹3.2 L – ₹5.2 L

    Average ₹4.1 L

    208 reports

Employee ratings

What it's like to work at SBI LIFE INSURANCE COMPANY

Source: AmbitionBox · 10 reviews

Rated3.7of five

Job security3.3
Skill development2.5
Company culture2.5
Salary & benefits2.5
Work-life balance2.4
Work satisfaction2.3
Career growth2.2

Highly rated for

  • Job Security
  • Overall Company

Critically rated for

  • Work Satisfaction
  • Career Growth

Perks

Benefits employees report

Ordered by how many employees mention each one.

  • Job/Soft skill training

    198 mentions

  • Health insurance

    194 mentions

  • Office cab/shuttle

    83 mentions

  • Professional degree assistance

    61 mentions

  • Cafeteria

    36 mentions

  • Child care facility

    32 mentions

  • Free meal

    27 mentions

  • Office gym

    21 mentions

  • International/On-site exposure

    18 mentions

  • Life insurance

    7 mentions

  • Mobile bill reimbursements

    7 mentions

  • Course reimbursements

    6 mentions

  • Rewards & recognition

    5 mentions

  • Gifts on festivals

    5 mentions

  • Paternity leaves

    5 mentions

  • Annual health checkup

    4 mentions

Funding & financials

Is SBI LIFE INSURANCE COMPANY a stable place to work?

Last round
Post Ipo Equity
Funding rounds
2
Listed
SBILIFE
Market cap
$2031.1B

Backed by

ICICI Prudential Mutual Fund, Goldman Sachs, GIC, Avendus Capital and 2 more

OperatingPublic

FAQ

Questions about working at SBI LIFE INSURANCE COMPANY

How do I apply for a job at SBI LIFE INSURANCE COMPANY?

SBI LIFE INSURANCE COMPANY has 26 open jobs listed on this page, in Pune, Bengaluru and Jalgaon. Pick a role, open it to read the full job description, and apply in about 2 minutes.

What is the average salary at SBI LIFE INSURANCE COMPANY?

The average annual salary at SBI LIFE INSURANCE COMPANY is ₹5.8 L. Typical annual pay by role: Business Development Manager: ₹2.4 L to ₹7 L; Senior Associate: ₹2.5 L to ₹7 L; Senior Business Development Executive: ₹2.2 L to ₹5.3 L.

Does SBI LIFE INSURANCE COMPANY hire freshers?

Yes. 3 of SBI LIFE INSURANCE COMPANY's current openings are open to candidates with 0 to 1 years of experience.

Where are SBI LIFE INSURANCE COMPANY's offices?

SBI LIFE INSURANCE COMPANY is headquartered in Mumbai, Maharashtra, India.

Is SBI LIFE INSURANCE COMPANY a good company to work for?

SBI LIFE INSURANCE COMPANY is rated 3.7 out of 5 from 10 employee reviews. Employees rate it highly for Job Security and Overall Company. Common criticisms are about Work Satisfaction and Career Growth.

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 25,000+ 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.

26 open jobs