HDFC Standard Life Insurance

www.hdfclife.com

HDFC Standard Life Insurance Reviews

Updated December 17, 2014
Updated December 17, 2014
72 Reviews
3.3
72 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
HDFC Standard Life Insurance Managing Director & CEO Amitabh Chaudhry
Amitabh Chaudhry
18 Ratings

Review Highlights

Pros
  • Working environment is Very Good out here in Northeast (in 4 reviews)

  • Best place to work,many thing to Learn through GOAL(Go Online And Learn) (in 3 reviews)


Cons
  • Front line force have less salary (in 2 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    It gave me a fresh outlook of the way I see general public and what professionalism is.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Development Manager in Kottakkal (India)
    Former Employee - Business Development Manager in Kottakkal (India)

    I worked at HDFC Standard Life Insurance full-time (less than a year)

    Pros

    Being part of HDFC Life certainly changed me...... meeting with the clients, meetings with Sales team, meeting and
    reporting to Channel Head all in a day has made me to effectively utilise time and other skills.

    Cons

    Stressful job and work-life balance was tipping off.

    Advice to ManagementAdvice

    Time delays in acquiring the bonus and commisions......
    Update the computers and infrastructure in office.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    Good work exposure, seasoned leadership, high attrition rate

    Current Employee - Deputy Manager in Mumbai (India)
    Current Employee - Deputy Manager in Mumbai (India)

    I have been working at HDFC Standard Life Insurance full-time (more than a year)

    Pros

    Excellent work exposure, young workforce

    Cons

    Long working hours, departments work in silos, slow growth opportunity, huge pay disparity, tough industry

    Recommends
    Positive Outlook
  3.  

    good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Actuarial Analyst in Mumbai (India)
    Former Employee - Actuarial Analyst in Mumbai (India)

    I worked at HDFC Standard Life Insurance full-time (more than 3 years)

    Pros

    good exposure, interesting work, challenging,

    Cons

    long hours, lots of work pressure, understaffed

    Advice to ManagementAdvice

    none

    Recommends
    Positive Outlook
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Good experience working with HDFC Life

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Territory Manager in Nagercoil (India)
    Current Employee - Territory Manager in Nagercoil (India)

    I have been working at HDFC Standard Life Insurance full-time

    Pros

    Company values are the best in the industry

    Cons

    no major challenges as such

    Advice to ManagementAdvice

    nil

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Ethics and financial integrity is well respected there

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Associate Vice President in Mumbai (India)
    Former Employee - Associate Vice President in Mumbai (India)

    I worked at HDFC Standard Life Insurance full-time (more than 5 years)

    Pros

    You get both authority and responsibility and vice versa

    Cons

    Have to be more strict in spending on Branch infrastructure

    Advice to ManagementAdvice

    Conduct regular management development programmes for Senior Managers

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    A FOOL'S PARADISE

    Former Employee - CAM in Calcutta (India)
    Former Employee - CAM in Calcutta (India)

    I worked at HDFC Standard Life Insurance full-time (less than a year)

    Pros

    I worked here for almost 10 months and quit recently. I learned so much about life and career while working here. My experience here was a lot different than all my previous work experiences. This is a fantastic place to work. Work in this place if and only if:
    1. You can't speak English and don't have the smartness to learn it as well.
    2. You have absolutely no understanding of finance and investment.
    3. If you are a slave of money, so much that you are ready to cheat customers and steal their hard earned money to earn incentives.
    4. Work here if you will never buy their investment products yourself but would love to recommend it to others.
    5. Work here if you feel lying to people who trust you and actually seek your help about banking and investment is your birth right.
    6. Work here if you are dumb enough to not realize that there are a lot of great things to do in your career and life than selling ULIPs.
    7.Work here if you know deep down inside you that you cannot do anything else.
    8. Last but not the least, work here if you truly believe that you are a loser.

    If you don't have the above qualities, then unfortunately this isn't the right place for you.

    Cons

    There are no cons. This is a rare place to work. Do not miss out on this exciting opportunity.

    Advice to ManagementAdvice

    I would like to advise the Mumbai HQ guys:
    Please take some effort and see what’s happening at the ground level. See how the management decisions and business targets set by you are turning into a nightmare for customers due to horrible sales practices throughout the nation.

    BUT AT THE END OF THE DAY I KNOW YOU GUYS WILL JUST CONTINUE TO BE YOURSELVES...

  8.  

    ok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at HDFC Standard Life Insurance full-time (more than a year)

    Pros

    company values, training, compensation, personal growth

    Cons

    leadership, boss, flexibility is low, no future

    Advice to ManagementAdvice

    none

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9.  

    Lot of pressure on new employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at HDFC Standard Life Insurance

    Pros

    Big name , lot of processes to learn

    Cons

    No limit on working hours , some managers are abusive

    Recommends
    Negative Outlook
    Approves of CEO
  10.  

    I have an mixed experience. There exists lot of nepotism in current senior actuarial management people.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Actuarial Analyst in Mumbai (India)
    Former Employee - Senior Actuarial Analyst in Mumbai (India)

    I worked at HDFC Standard Life Insurance full-time (more than 5 years)

    Pros

    This was my first job after MBA. Initially for 2 years the working environment was very good. Though there was tremendous amount of work but the entire environment was so encouraging that you felt like giving 200% of your effort.

    Cons

    There is no work-life balance in the company. When the senior management changes you live upto their whims and fancies. When the senior management feels that you are not one of their favourite, they create and environment such that its difficult for you to work. Also no credit is given to the amount of work you have done and is suddenly told that this was not done by you.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  11.  

    company has good working environment and culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales Development Manager in Jaipur, Rajasthan (India)
    Former Employee - Sales Development Manager in Jaipur, Rajasthan (India)

    I worked at HDFC Standard Life Insurance full-time (less than a year)

    Pros

    training pre work is very good.

    Cons

    you can take challenges from other employee from the same branch.

    Advice to ManagementAdvice

    check the quality of a person instead his docs.

    Recommends
    Positive Outlook
    No opinion of CEO

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