IDBI Federal Life Insurance Reviews | Glassdoor

IDBI Federal Life Insurance Reviews

Updated February 16, 2017
31 reviews

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Full-time Part-time

2.6
Star Star Star Star Star
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31 Employee Reviews

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  1. "work pressure"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Agent in New Delhi (India)
    Current Employee - Agent in New Delhi (India)
    Doesn't Recommend
    Neutral Outlook

    Pros

    friendly people
    day shifts
    salary on time
    cordination

    Cons

    immense work pressure
    work load
    poor management

    Advice to Management

    dont pressurise much


  2. "Very good company except SMs in Fund Accounting team"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Manager in Mumbai (India)
    Former Employee - Assistant Manager in Mumbai (India)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at IDBI Federal Life Insurance full-time (More than a year)

    Pros

    Fast growing organization with very friendly people. CEO of the company is very down to earth. The best part of the organization, you can directly go to any of the departmental heads for your queries or for knowledge purposes.
    Some amazing people in leadership are SP Prabhu - Fixed Investments team head,
    Rajesh Ajgaonkar - Legal team head
    Vignesh Shahane - CEO. Dont miss a chance to join any of these teams.

    Cons

    1. Sales targets given to all employees regardless of team you are in. CEOs logic that employees should know that it is tough to get business. And sales people don't even have an off.
    2. They are not at all pay masters.
    3. If you are going in Fund Accounting team - Beware of Senior Managers. They will play politics and make your life hell.
    4. Notice period of 3 months.


  3. "Worst sales job ever"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Summer Intern in Pitampura, Delhi (India)
    Former Employee - Summer Intern in Pitampura, Delhi (India)
    Doesn't Recommend
    Positive Outlook

    Pros

    Flexible work hours and medium work pressure.

    Cons

    Pretty much everything else. Mid managers are absolute idiots! No scope of learning. Salary is a nightmare.

    Advice to Management

    Make sure your managers have some leadership skills and are not just salesmen with promotions.


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


  5. "bad for internship"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Management Trainee in New Delhi (India)
    Former Employee - Management Trainee in New Delhi (India)
    Doesn't Recommend
    Negative Outlook

    Pros

    Nothing to say .everything there was horrible ,there main aim was to increase their customers through their interns ,thats it.and nothing to say at all.

    Cons

    bad working environment
    poor management
    they were getting rude as the internship was coming to an end
    the management was very poor

    Advice to Management

    Be nice to interns,and speak to them properly because they are new to the corporate worldand make them firstly understand things and then expect something from them.


  6. "good to work"

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

    Pros

    good boss

    good support from bank

    Cons

    less pay

    less comp

    less leave

    more process

    Advice to Management

    give pay more

    respect more


  7. Helpful (2)

    "Senior Executive - Medical underwriter"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Executive in Bengaluru (India)
    Former Employee - Senior Executive in Bengaluru (India)
    Doesn't Recommend
    Neutral Outlook

    I worked at IDBI Federal Life Insurance (More than a year)

    Pros

    No pros as didnot like much the working culture

    Cons

    Still a semi government company. Operations team needs a different COO.

    Advice to Management

    people serving longer duration need to be changed as they are only enjoying the benefits.


  8. "Mixed feelings"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great working environment, good colleges, a lot of new employee friendly initiatives. Good infrastructure, great source of learning. It's a Monday company.

    Cons

    Nothing against so far except salary scale and bonus scheme. It takes a lot of time for implementation of any new IT system or initiatives with in the organization.

    Advice to Management

    Revise salary structure. Improve IT systems faster.


  9. "Lead Generation"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in New Delhi (India)
    Former Employee - Intern in New Delhi (India)
    Doesn't Recommend
    Negative Outlook

    Pros

    Friendly Environment,
    Guidance at every step

    Cons

    Low Onsite opportunities
    Monotonous Task


  10. "IDBI FEDERAL"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    I worked at IDBI Federal Life Insurance full-time (Less than a year)

    Pros

    flexible work timing,good working environment

    Cons

    huge target,mental stress,target based salary


  11. "Good Company to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Ex Employee in New Delhi (India)
    Former Employee - Ex Employee in New Delhi (India)
    Doesn't Recommend
    Negative Outlook

    Pros

    Learning Experience for the new employee

    Cons

    Limited support for all the staff member

    Advice to Management

    Focus on Employee Retention



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