IDBI Federal Life Insurance

  www.idbifederal.com
  www.idbifederal.com

IDBI Federal Life Insurance Reviews

Updated October 29, 2014
Updated October 29, 2014
16 Reviews
3.4
16 Reviews
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Employee Reviews

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  1. 1 person found this helpful  

    not too bad to work

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

    I worked at IDBI Federal Life Insurance

    Pros

    great mentoring, workable environment, high promotion opportunity, great incentive provided by company on target completion

    Cons

    high target pressure, low fix pay

    Doesn't Recommend
  2.  

    bad experience

    Current Employee - Summer Intern in Bangalore (India)
    Current Employee - Summer Intern in Bangalore (India)

    I have been working at IDBI Federal Life Insurance as an intern (less than an year)

    Pros

    I can't see any pros in this company

    Cons

    1. horrible communication between co-workers
    2. manager is terribly unprofessional
    3. very lethargic company
    4. mismanagement

    Doesn't Recommend
  3.  

    This gives a lot of fake promises

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales Intern in Ernākulam (India)
    Former Employee - Sales Intern in Ernākulam (India)

    I worked at IDBI Federal Life Insurance as an intern (less than an year)

    Pros

    Lot of fake promises and no proper information given. The recruiters act like sales people and give a lot of fake information which is opposite to what actually happens.

    Cons

    Only con is that you can work according to your own wish

    Advice to ManagementAdvice

    Have more control over your field sales people.

    Doesn't Recommend
    Negative Outlook
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  5.  

    Good Money. Bad work ethic.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales Intern in Pune (India)
    Former Employee - Sales Intern in Pune (India)

    I worked at IDBI Federal Life Insurance as an intern (less than an year)

    Pros

    Good Money. Bad Work-life balance,

    Cons

    Too much work. Door-to-door selling, no support from the company in your sales.

    Advice to ManagementAdvice

    Share some leads with Sales guys. Help them out. Rest all good.

    Recommends
    Positive Outlook
  6.  

    It is very good organisation and learn many things in this organisation

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

    I worked at IDBI Federal Life Insurance full-time (less than an year)

    Pros

    It is supported by the bank and good support from the management and training team.

    Cons

    It is very competitive between and branches and regions, and more supportive from the management on contests to reach the targets

    Advice to ManagementAdvice

    Should think about more on Advisers benefits and contests.

    Recommends
    Positive Outlook
  7.  

    Intern ship topic- Training and development and employee motivation at IDBI Federal

    Former Employee - Summer Intern in Pune (India)
    Former Employee - Summer Intern in Pune (India)

    I worked at IDBI Federal Life Insurance as an intern (less than an year)

    Pros

    Good support from mentors for making data for project available during intern ship. A variety of range of products available.

    Cons

    Not very popular for sales, people prefer LIC over any other insurance company.

  8.  

    Experience at IDBI Federal Life Insurance Co. Ltd

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

    I worked at IDBI Federal Life Insurance as an intern (less than an year)

    Pros

    Young and dynamic company with flexible work culture

    Cons

    lack of definitive goals for its products

    Advice to ManagementAdvice

    The market to which we cater is very competitive and needs to be given all the impetus that can be given.

    Recommends
    Positive Outlook
  9.  

    Management Trainee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Intern in Pune (India)
    Former Employee - Summer Intern in Pune (India)

    I worked at IDBI Federal Life Insurance as an intern (less than an year)

    Pros

    Sales Profile, you get to learn a lot if you are interested in Sales profile

    Cons

    The mentor isn't of much help. Company doesn't give internal data for project.

    Advice to ManagementAdvice

    More people should be assigned per intern for better guidance.

    Doesn't Recommend
    Neutral Outlook
  10.  

    If you want to maintain work life balance and not much bothered about growth prospects! Bang on!

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

    I worked at IDBI Federal Life Insurance full-time (more than an year)

    Pros

    Friendly environment, Induction for holistic view of the organization, work life balance!

    Cons

    Difficult to switch to other industries other than Insurance

    Advice to ManagementAdvice

    Increase packages!

    Doesn't Recommend
    Neutral Outlook
  11. 1 person found this helpful  

    Junior financial analyst

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

    I worked at IDBI Federal Life Insurance as an intern (less than an year)

    Pros

    worked for portfolio management of idbi federal. Giving suggestions to the investors. Giving suggestions to idbi federal according to investors wish.

    Cons

    Have been make the customers to invest.

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