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ICICI Prudential Life Insurance
4.1
based on 6k Reviews
Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
Company Overview
Associated Companies
Company Locations
Working at ICICI Prudential Life Insurance
Company Summary
ICICI Pru life offer products various Life Insurance by, one of the best Life Insurance companies in India.
Overall Rating
4.1/5
based on 6k reviews
36% above
industry average
Highly rated for
Job Security, Salary & Benefits, Skill Development
Work Policy
Work from office
90% employees reported
Monday to Saturday
84% employees reported
Flexible timing
54% employees reported
Within city
67% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
422 employees reported
Health insurance
346 employees reported
Cafeteria
109 employees reported
Office cab/shuttle
108 employees reported
View all benefits
About ICICI Prudential Life Insurance
Founded in2000 (24 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersMumbai, Maharashtra, India
Office Locations
Websiteiciciprulife.com
Primary Industry
Other Industries
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ICICI Prudential Life Insurance Company Limited (ICICI Prudential Life) is promoted by ICICI Bank Limited and Prudential Corporation Holdings Limited. ICICI Prudential Life began its operations in the fiscal year 2001. On a retail weighted received premium basis (RWRP), it has consistently been amongst the top companies in the Indian life insurance sector. Our Assets Under Management (AUM) on 31st March 2022 were `2,404.92 billion. At ICICI Prudential Life, we operate on the core philosophy of customer-centricity. We offer long-term savings and protection products to meet the different life stage requirements of our customers.
Mission: Our core values are Customer First, Humility, Passion, Integrity, and Boundarylessness. Values guide our actions and define the way we work. We encourage all our colleagues to exemplify and role model the Values.
Vision: To build an enduring institution that serves the protection and long-term saving needs of customers with sensitivity.
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ICICI Prudential Life Insurance Subsidiaries
ICICI Prudential Pension Funds
4.2
• 14 reviews
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AmbitionBox Best Places to Work in India Awards
Best of the best, rated by employees
ICICI Prudential Life Insurance won India’s Largest Employee Choice Awards in Large Companies Category.
#5 Top Rated Financial Services Company
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ICICI Prudential Life Insurance Ratings
based on 6k reviews
Overall Rating
4.1/5
How AmbitionBox ratings work?
5
3.2k
4
1.5k
3
677
2
226
1
402
Category Ratings
4.1
Job Security
4.0
Salary & Benefits
4.0
Skill Development
3.9
Company Culture
3.7
Work-Life Balance
3.7
Promotions/Appraisal
3.7
Work Satisfaction
ICICI Prudential Life Insurance is rated 4.1 out of 5 stars on AmbitionBox, based on 6k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at ICICI Prudential Life Insurance
based on 5.7k reviews
4.0
Rated by 1.3k Women
Rated 4.1 for Job Security and 3.9 for Salary & Benefits
4.1
Rated by 4.4k Men
Rated 4.1 for Job Security and 4.0 for Skill Development
Work Policy at ICICI Prudential Life Insurance
based on 501 reviews in last 6 months
Work from office
90%
Hybrid
7%
Permanent work from home
3%
ICICI Prudential Life Insurance Reviews
Top mentions in ICICI Prudential Life Insurance Reviews
+ 5 more
Compare ICICI Prudential Life Insurance with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.1/5 based on 6k reviews | 4.4/5 based on 1.8k reviews | 3.8/5 based on 3.6k reviews | 4.0/5 based on 8.5k reviews |
Highly Rated for | Job Security Skill development Salary & Benefits | Work-Life balance Company culture Salary & Benefits | Job Security | Skill development Job Security Company culture |
Critically Rated for | No critically rated category | No critically rated category | Promotion/Appraisals | No critically rated category |
Primary Work Policy | Work from office 90% employees reported | Work from office 43% employees reported | Work from office 79% employees reported | Work from office 82% employees reported |
Rating by Women Employees | 4.0 Good rated by 1.3k women | 4.3 Good rated by 253 women | 3.8 Good rated by 569 women | 3.9 Good rated by 1.8k women |
Rating by Men Employees | 4.1 Good rated by 4.4k men | 4.4 Good rated by 1.3k men | 3.8 Good rated by 2.8k men | 4.0 Good rated by 6.3k men |
Job Security | 4.1 Good | 4.1 Good | 3.9 Good | 3.9 Good |
View more
ICICI Prudential Life Insurance Salaries
4.0
rated by 6k employees for salariesFinancial Service Consultant
(1.6k salaries)
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₹1.5 L/yr - ₹5.5 L/yr
Sales Manager
(985 salaries)
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₹2.4 L/yr - ₹10.6 L/yr
Associate Financial Service Manager
(756 salaries)
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₹1.7 L/yr - ₹4.6 L/yr
Senior Financial Service Manager
(739 salaries)
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₹2 L/yr - ₹5.1 L/yr
Unit Manager
(718 salaries)
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₹1.4 L/yr - ₹4.5 L/yr
Associate Key Relationship Manager
(598 salaries)
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₹3.3 L/yr - ₹6.8 L/yr
Business Trainee
(526 salaries)
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₹3.5 L/yr - ₹6 L/yr
Key Relationship Manager
(430 salaries)
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₹4 L/yr - ₹6.3 L/yr
Financial Service Manager
(366 salaries)
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₹2 L/yr - ₹4.9 L/yr
Area Manager
(365 salaries)
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₹5.8 L/yr - ₹13.1 L/yr
ICICI Prudential Life Insurance Interview Questions
Interview questions by designation
Top ICICI Prudential Life Insurance interview questions and answers
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Interview Process at ICICI Prudential Life Insurance
based on 94 interviews in last 1 year
Interview Experience
4.3
Good
Difficulty level
Easy
27%
Moderate
69%
Hard
4%
People are getting interviews through
based on 281 ICICI Prudential Life Insurance interviews
Job Portal
23%
Campus Placement
22%
Referral
11%
Walkin
10%
*34% candidates got the interview through other sources
High confidence
ICICI Prudential Life Insurance Jobs
ICICI Prudential Life Insurance News
View all
Life Insurance Sector Check - Navigating The Changes In Surrender Charges: Motilal Oswal
- Motilal Oswal believes that companies with a higher proportion of non-bancassurance channels in their distribution mix like ICICI Prudential, LIC will outperform.
Bloomberg Quint | 24 Dec, 2024
Senores Pharmaceuticals Raises Rs 261 Crore From Anchor Investors Prior To IPO Launch
- Senores Pharmaceuticals raised Rs 260.6 crore from anchor investors prior to its IPO launch.
- ICICI Prudential Pharma Healthcare And Diagnostics (P.H.D) Fund and Aditya Birla Sun Life Insurance Co. received the highest allocation.
- The company will use the IPO proceeds to invest in subsidiary Havix Group, settle debts, and fund working capital requirements of other subsidiaries.
- The IPO price band is set between Rs 372 and Rs 391 per share.
Bloomberg Quint | 20 Dec, 2024
Transrail Lighting Raises Rs 246 Crore From Anchor Investors Prior To IPO Launch
- Transrail Lighting Ltd. has raised Rs 246 crore from anchor investors in preparation for its upcoming IPO launch.
- Major fund houses such as ICICI Prudential and Tata have contributed to the anchor funding.
- The company allotted 56.93 lakh shares at Rs 432 apiece to 19 anchor investors.
- The proceeds from the IPO will be directed towards working capital and capital expenditure.
Bloomberg Quint | 19 Dec, 2024
NFO Review: ICICI Prudential Nifty 500 Index Fund
- ICICI Prudential Nifty 500 Index Fund is a passively managed mutual fund that aims to replicate the performance of the Nifty 500 Index.
- The Nifty 500 Index comprises the top 500 companies listed on the NSE based on their full market capitalization.
- The fund offers sector-level diversification across over 50 industries, providing exposure to the Nifty 50, Nifty Next 50, Nifty Midcap 150, and Nifty Smallcap 250 indices.
- With a low churning ratio and better long-term returns compared to the Nifty 50, the Nifty 500 Index Fund is suitable for investors seeking market-linked returns and minimizing fund manager risk.
HinduBusinessLine | 14 Dec, 2024
Senco Gold Raises Rs 459 Crore Via QIP, Allots 40.8 Lakh Shares
- Kolkata-based jewellery retail chain, Senco Gold, raised Rs 459 crore through a qualified institutions placement (QIP).
- The company issued and allotted 40.8 lakh equity shares at Rs 1,125 per share.
- Major allottees include Tata AIA Life Insurance, ICICI Prudential Life Insurance, and BofA Securities Europe SA.
- The funds raised will be used to fuel Senco Gold's growth and expansion, with plans to add 18-20 stores annually.
Bloomberg Quint | 14 Dec, 2024
LIC Fails To Impress As Brokerages Bet Big On Private Insurers
- LIC reported a 27% year-on-year decline in total premium collections in November, raising concerns about its ability to adapt to regulatory changes.
- Private insurers, including ICICI Prudential Life Insurance, HDFC Life, and SBI Life, outperformed LIC in November.
- Brokerages attribute the outperformance of private players to their ability to adapt to regulatory shifts and focus on high-margin segments.
- Brokerages are bullish on the life insurance sector, particularly private players, for the medium term, but advise caution due to new surrender regulations and uncertainty around the sector.
Bloomberg Quint | 10 Dec, 2024
ICICI Prudential Life Insurance New Business Premium More Than Doubles In November
- ICICI Prudential Life Insurance's new business premium more than doubled in November compared to the same period last year.
- The new business premium stood at Rs 3,222 crore, while the group yearly renewable premium saw a 814% jump.
- The individual single premium rose 13% to Rs 134 crore, and the individual non-single premium also increased.
- The company's share price rose during the day and has seen a 27.12% increase on a year-to-date basis.
Bloomberg Quint | 9 Dec, 2024
ICICI Edge leads to 37% rise in productivity of advisors
- The 'Advisor Stack' empowers ICICI Prudential Life Insurance's advisor network, leading to a 37% increase in productivity of advisors.
- About 61% of the company’s top tier advisors are active users of the stack.
- Advisors using IPRU Edge have shown a 49% year-on-year growth in contribution towards the retail weighted received premium.
- The advisor stack provides tools for new customer acquisitions, lead generation, and improved customer service, helping agents focus on revenue generation tasks.
HinduBusinessLine | 2 Dec, 2024
Zomato closes Rs 8,500 crore QIP; Motilal Oswal, ICICI Prudential among big domestic investors
- Zomato has raised Rs 8,500 crore through the qualified institutional placement (QIP) route.
- Prominent domestic investors including ICICI Prudential, HDFC MF, and Motilal Oswal participated.
- The company issued 33 crore equity shares at an issue price of Rs 252.62 per share.
- The fundraising comes as the quick commerce industry witnesses fierce competition and increased investment.
Economic Times | 29 Nov, 2024
NTPC Green Energy IPO: LIC biggest anchor investor
- NTPC Green Energy has raised ₹3,960 crore via anchor book in its IPO, with LIC being the biggest investor.
- Marquee global institutional investors, including Goldman Sachs, Morgan Stanley, and Government of Singapore, also invested in the IPO.
- Domestic institutional investors such as ICICI Prudential, Kotak AMC, and SBI Life Insurance also bought shares of the company.
- NTPC Green Energy will use the net proceeds to repay debt, meet corporate purposes, and invest in new energy solutions.
HinduBusinessLine | 19 Nov, 2024
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