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4.1

based on 6k Reviews

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ICICI Prudential Life Insurance Agency Manager salaries in Mumbai

Annual salary range
0 - 8 years exp.
₹2.7 Lakhs - ₹5.3 Lakhs
Salary of majority employees
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23% more than the average Agency Manager Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Agency Manager Salary
0 - 8 years exp. (19 salaries)
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₹2.9 L/yr - ₹5 L/yr

Sales & Business Development
Agency Manager Salary
2 - 8 years exp. (11 salaries)
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₹2.7 L/yr - ₹5.3 L/yr

Customer Success, Service & Operations
Agency Manager Salary
0 - 8 years exp. (7 salaries)
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₹3.6 L/yr - ₹4.5 L/yr

Marketing & Communication
Agency Manager Salary
1 - 6 years exp. (5 salaries)
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₹3.4 L/yr - ₹4.6 L/yr

Finance & Accounting
Agency Manager Salary
3 - 6 years exp. (4 salaries)
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₹4 L/yr - ₹5 L/yr

Last Updated: 14 Dec 2024

Companies similar to ICICI Prudential Life Insurance for Agency Manager in Mumbai

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ICICI Prudential Life Insurance Agency Manager Salary

0 - 8 years exp. (58 salaries)

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₹2.7 L/yr - ₹5.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Agency Manager Salary

2 - 6 years exp. (3 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 12% less
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Max Life Insurance Agency Manager Salary

3 - 14 years exp. (23 salaries)

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₹3.5 L/yr - ₹6 L/yr

arrow icon 3% more
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₹4 L/yr - ₹7 L/yr

arrow icon 16% more
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₹2.3 L/yr - ₹3 L/yr

arrow icon 36% less
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Care Health Insurance Agency Manager Salary

0 - 9 years exp. (14 salaries)

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₹2.5 L/yr - ₹4.2 L/yr

arrow icon 19% less
2 job openings
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₹2.6 L/yr - ₹4 L/yr

arrow icon 20% less
4 job openings
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₹2 L/yr - ₹7.4 L/yr

arrow icon 20% less
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₹2.1 L/yr - ₹3.1 L/yr

arrow icon 28% less
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₹3 L/yr - ₹3.6 L/yr

arrow icon 16% less
Agency Manager salary at ICICI Prudential Life Insurance ranges between ₹2.7 Lakhs to ₹5.3 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 58 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Agency Manager in Mumbai

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Experience wise ICICI Prudential Life Insurance Agency Manager salaries in Mumbai

Last Updated: 14 Dec 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹3 L/yr - ₹4.5 L/yr
1 year  (4 salaries)

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₹2.9 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹7.2 L/yr
3 years  (5 salaries)

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₹2.8 L/yr - ₹4.6 L/yr
4 years  (12 salaries)

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₹2.8 L/yr - ₹5 L/yr
View all

Similar Designation salaries in ICICI Prudential Life Insurance

Sales Manager Salary
(118 salaries)
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₹2.4 L/yr - ₹10 L/yr
Area Manager Salary
(49 salaries)
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₹7 L/yr - ₹12 L/yr
Branch Manager Salary
(36 salaries)
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₹9.8 L/yr - ₹18 L/yr
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₹6 L/yr - ₹14.5 L/yr
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₹16 L/yr - ₹35 L/yr
Deputy Manager Salary
(8 salaries)
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₹3.75 L/yr - ₹8 L/yr
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₹4 L/yr - ₹7.44 L/yr

Top skills at ICICI Prudential Life Insurance for Agency Manager

Business Development Sales Lead Generation Business Development Channel Sales Lead Generation Insurance Sales Sales Time Management Field Sales Training Recruitment Insurance Sales Lead Management Field Sales

Salary related reviews for ICICI Prudential Life Insurance

3.6

Rated by 6 employees for salary & benefits

BFSI, Investments & Trading Department

4.0
  •  posted on 27 Aug 2018

1.0
 for  Salary and Benefits

Likes

In early days, training system was very strong. New online system is very strong. Client services are on one click. It's easy to process the case in client office. Adhar authentication is best. Policy issues very fast.

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Dislikes

Compensation is ok. But increments are very slow. The work pressure is very high. Managers forces to do client visit on Sunday also. They are not giving value to individual unique strength. Hardly received any appreciation from the senior.

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BFSI, Investments & Trading Department

5.0
  •  posted on 07 Dec 2018

5.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your time and client's location. Mine is a US based client and they have some offices in Toronto, hence I e a B1 visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here.

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Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals' unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for Freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

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Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 28 Jul 2023

4.0
 for  Salary and Benefits

Likes

Job security is good , company culture is also good but it depends on senior, overall company is good can work for long time , HR policy are good , high job security, multiple option and departments for work , IJP ALLOWED

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Dislikes

Salary are poor, rating culture kills many many years for performer ..every year you have to get top rating and last top 2 rating are considered for promotion some time people are struggling for 4 to 5 year for promotion in mid management segment.

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 13 Jul 2023

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...relieving & fnf settlement was comunicted verbaly for whch I had ask in writing. But it was asured dt recovery amt ll nt vary & latr thy givn recovery of gross salary which is high. When I not worked then also they added hra, supplementary allowance, statutory bonus in my recovery amt. Firstly If i have not taken any benfits with organization then recovery is not calculated and If the recovery calculated then it is always calculated on monthly basic salary.Rest all are additional benefits given to the employee. But then also ipru charged me recovery of 2month gross salary. As I have to get my reliveing letter so i had paid the recovery. But now I am writing the complaint as I was charged too. Pls help me out for it.

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Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 17 Jan 2023

3.0
 for  Salary and Benefits

Likes

Skill development Salary and benefits

Dislikes

No dislikes but everything depends on the manager you report and the channel you get in this company. If your in partner handling channel . Your manager will give so much respect and importance to the partner but not you . He will not understand your problem .

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ICICI Prudential Life Insurance Agency Manager Salary FAQs

What is the salary of Agency Manager at ICICI Prudential Life Insurance Mumbai?
Agency Manager salary at ICICI Prudential Life Insurance in Mumbai ranges between ₹2.7 Lakhs to ₹5.3 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 23% more than the average Agency Manager Salary in India. Salary estimates are based on 58 latest salaries received from various employees of ICICI Prudential Life Insurance Mumbai.
How does the salary of a Agency Manager at ICICI Prudential Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Agency Manager at ICICI Prudential Life Insurance is 23% more than the average salary of a Agency Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Agency Manager at ICICI Prudential Life Insurance?
Business Development, Sales, Lead Generation, Business Development and Channel Sales are some of the popular skills required to work as a Agency Manager at ICICI Prudential Life Insurance Mumbai.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Agency Manager in Mumbai?
  • Bajaj Allianz Life Insurance Agency Manager Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
  • Max Life Insurance Agency Manager Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Agency Manager in companies similar to ICICI Prudential Life Insurance in Mumbai?
  • HDFC Life Agency Manager Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year
  • Star Health & Allied Insurance Agency Manager Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year
  • Care Health Insurance Agency Manager Salary - ₹2.5 Lakhs to ₹4.2 Lakhs per year
  • Kotak Mahindara Life Insurance Agency Manager Salary - ₹2.0 Lakhs to ₹7.4 Lakhs per year
  • HDFC Ergo General Insurance Agency Manager Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year
What is the estimated take home salary of a Agency Manager at ICICI Prudential Life Insurance in Mumbai?
The estimated take-home salary of a Agency Manager at ICICI Prudential Life Insurance ranges between ₹30,935 per month to ₹32,235 per month in Mumbai. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Agency Manager salary in India which ranges between ₹2.7 Lakhs to ₹5.3 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for Agency Manager at ICICI Prudential Life Insurance in Mumbai?
According to AmbitionBox, 81% of the ICICI Prudential Life Insurance Agency Managers in Mumbai reported a notice period of 1 Month, 11% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 36 responses on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Agency Manager salary in Mumbai ranges between ₹2.7 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 58 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.