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ICICI Prudential Life Insurance

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4.1

based on 6.4k Reviews

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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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ICICI Prudential Life Insurance Area Bancassurance Manager salaries in India

Annual salary range
4 - 13 years exp.
₹9.4 Lakhs - ₹12 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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12% less than the average Area Bancassurance Manager Salary in Insurance Companies for 4 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Bancassurance Manager Salary
11 - 13 years exp. (3 salaries)
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₹9.7 L/yr - ₹12 L/yr

Sales & Business Development
Area Bancassurance Manager Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹9.4 L/yr - ₹10.1 L/yr

Last Updated: 5 Apr 2023

Companies similar to ICICI Prudential Life Insurance for Area Bancassurance Manager

Company name Avg Annual Salary Open Jobs
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Axis Max Life Insurance Area Bancassurance Manager Salary

9 - 22 years exp. (7 salaries)
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₹12 L/yr - ₹18 L/yr

arrow icon 40% more
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Tata AIA Life Insurance Area Bancassurance Manager Salary

12 - 15 years exp. (4 salaries)
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₹14 L/yr - ₹15.6 L/yr

arrow icon 39% more
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SBI Life Insurance Company Area Bancassurance Manager Salary

6 - 21 years exp. (4 salaries)
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₹9.2 L/yr - ₹14 L/yr

arrow icon 4% more
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ManipalCigna Health Insurance Area Bancassurance Manager Salary

9 - 13 years exp. (3 salaries)
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₹8 L/yr - ₹10.1 L/yr

arrow icon 12% less
Area Bancassurance Manager salary at ICICI Prudential Life Insurance ranges between ₹9.4 Lakhs to ₹12 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Area Bancassurance Manager

1y ago
₹12 Lakhs
13 years exp.
1y ago
₹12 Lakhs
12 years exp.
1y ago
₹9.4 Lakhs
4 years exp.
1y ago
₹9.7 Lakhs
11 years exp.

Experience wise ICICI Prudential Life Insurance Area Bancassurance Manager salaries

Last Updated: 5 Apr 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹8.4 L/yr - ₹10.8 L/yr
5 years (AmbitionBox Estimate)

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₹8.7 L/yr - ₹11.1 L/yr
6 years (AmbitionBox Estimate)

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₹8.9 L/yr - ₹11.3 L/yr
7 years (AmbitionBox Estimate)

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₹9.1 L/yr - ₹11.6 L/yr
8 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 L/yr
View all

Salary related reviews for ICICI Prudential Life Insurance

Senior Financial Service Manager in Lucknow

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 04 Mar 2025
5.0
 for  Salary and Benefits

Likes

The work-life balance here is good, and the salary and promotions are also rewarding. This makes ICICI Prudential Life the best company for us.

read more
  • Salary - Excellent
    • +6 more

Dislikes

There is nothing that would make us say we dislike ICICI Prudential LIC LTD...

Financial Service Consultant in Salem

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 29 Jan 2025
3.0
 for  Salary and Benefits

Likes

Icici prudential is basically good company .It gives good salary for freshers.

read more

Dislikes

Company wise icici is very good. But salem branch is very worst for managers support There is a lots of politics.seniors not help for juniors especially ANAND (ARM) PSF channel is help to senior only. Anand give only 6month time for begineers .After 6 months They don't give a business he compale for the separation . HR wise no action for anand.

read more
  • Skill development - Bad
    • +3 more

Senior Associate in Mumbai

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 10 Jan 2025
3.0
 for  Salary and Benefits

Likes

Salary package.

Dislikes

There is not have any work life balance, specially in group claims ,manager is not cooperative, for a single day sick leave also they asked like why did you inform previously.saturdays are working for partial employees.Hr &Sr Management is not supportive for employees they are at side of only managers.Promotion criteria is not basis of performance but on favourtism basis....hr will not assure that your conversation will be confidential & but each information gave to senior rather than to help out employees get more torture from manager.

read more
  • Skill development - Bad
    • +5 more

Agency Manager in Goa

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 07 Jan 2025
3.0
 for  Salary and Benefits

Likes

...d job security, and offers valuable learning opportunities to enhance my skills. While the salary is on the lower side and growth feels slow, the stable environment and focus on employee development make it a worthwhile place to work.

read more
  • Skill development - Excellent
    • +4 more

Dislikes

Low salary slow growth

Unit Sales Manager in Kolkata

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 04 Dec 2024
4.0
 for  Salary and Benefits

Likes

...own brand so it's easy to deal with clients. 2nd competitively amazing products. 3rd salary payouts are always on time. 4th presure for growth is remarkably high.

read more
  • Salary - Good
    • +1 more

Dislikes

1st Very High Sales Pressure!! 2nd incentives playmates are very delayed. 3rd less work-life balance, sometimes you have to attend meetings on Sunday & have meet client on weekends also. 4th you have to be lucky enough to get a supportive BM & RM. Otherwise you'll end up resigning with in 6-12 mouth. 5th if you have hard-core sales mindset & have good networking skills then you could stay at ipru & grow. Otherwise you'll get Frustrated very soon.

read more
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New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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ICICI Prudential Life Insurance Area Bancassurance Manager Salary FAQs

What is the salary of Area Bancassurance Manager at ICICI Prudential Life Insurance ?
The average salary of a Area Bancassurance Manager at ICICI Prudential Life Insurance in India typically ranges from ₹9.4 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 4 years to 13 years).

The top 10% of Area Bancassurance Manager at ICICI Prudential Life Insurance earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Area Bancassurance Manager Salaries at ICICI Prudential Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 ICICI Prudential Life Insurance employees in India.
What is the estimated take home salary of a Area Bancassurance Manager at ICICI Prudential Life Insurance in India?
The estimated take-home salary of a Area Bancassurance Manager at ICICI Prudential Life Insurance in India typically ranges from ₹75,253 to ₹77,201 per month. This is based on the average salary range of ₹9.4 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 4 years to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of ICICI Prudential Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than ICICI Prudential Life Insurance for Area Bancassurance Manager in India?
Axis Max Life Insurance ₹12.0 Lakhs to ₹18.0 Lakhs per year
Tata AIA Life Insurance ₹14.0 Lakhs to ₹15.6 Lakhs per year
SBI Life Insurance Company ₹9.2 Lakhs to ₹14.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Prudential Life Insurance, depending on the role and experience level.
What is the salary of a Area Bancassurance Manager in companies similar to ICICI Prudential Life Insurance in India?
The salary of a Area Bancassurance Manager at companies similar to ICICI Prudential Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ManipalCigna Health Insurance ₹8.0 Lakhs to ₹10.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Area Bancassurance Manager at ICICI Prudential Life Insurance in India?
The salary growth for a Area Bancassurance Manager at ICICI Prudential Life Insurance depends on factors such as experience, performance, and promotions. On average, a Area Bancassurance Manager can expect the following growth trajectory at ICICI Prudential Life Insurance:

Experience Average Salary Range
4 years ₹8.4 Lakhs to ₹10.8 Lakhs per year
5 years ₹8.7 Lakhs to ₹11.1 Lakhs per year
6 years ₹8.9 Lakhs to ₹11.3 Lakhs per year
7 years ₹9.1 Lakhs to ₹11.6 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Prudential Life Insurance Area Bancassurance Manager salary in India ranges between ₹9.4 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.