ICICI Prudential Life Insurance ASM Salaries by 3 Employees

1 - 3 years exp.

₹4.5 Lakhs - ₹4.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

35% less than the average ASM Salary in Insurance Companies for 1 - 3 years of experience

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Last Updated: 13 Mar 2023

Companies similar to ICICI Prudential Life Insurance for ASM

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance ASM Salary 0 - 7 years exp. (111 salaries)	₹2.5 L/yr - ₹4.5 L/yr 25% less
HDFC Life ASM Salary 0 - 8 years exp. (62 salaries)	₹2.7 L/yr - ₹5 L/yr 16% less
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Reliance Nippon Life Insurance ASM Salary 1 - 13 years exp. (10 salaries)	₹2 L/yr - ₹3.6 L/yr 46% less
Aditya Birla Sun Life Insurance ASM Salary 0 - 9 years exp. (11 salaries)	₹2.3 L/yr - ₹3.5 L/yr 44% less
Tata AIA Life Insurance ASM Salary 4 - 11 years exp. (4 salaries)	₹4 L/yr - ₹4.3 L/yr 15% less
HDFC Ergo General Insurance ASM Salary 0 - 9 years exp. (4 salaries)	₹3.2 L/yr - ₹10.5 L/yr 6% more
Life Insurance Corporation of India ASM Salary 7 - 8 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr 10% less
ICICI Lombard General Insurance Company ASM Salary 5 - 10 years exp. (3 salaries)	₹7.6 L/yr - ₹30 L/yr 287% more
Bajaj Allianz Life Insurance ASM Salary 1 - 5 years exp. (3 salaries)	₹1.9 L/yr - ₹2.3 L/yr 53% less

ASM salary at ICICI Prudential Life Insurance ranges between ₹4.5 Lakhs to ₹4.9 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance ASM salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.4 L/yr
2 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹8.5 L/yr
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3 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹8.5 L/yr

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Salary related reviews for ICICI Prudential Life Insurance

5.0

Rated by 1 employees for salary & benefits

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.

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.

Regional Manager in Kolkata

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

Salary - Good

+6 more

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.

Key Relationship Manager in Cuttack

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 17 Oct 2023

5.0

for Salary and Benefits

Likes

In ICICI Prudential, company culture is very good with strong HR policies. Here you will get your salary and monthly incentives on time.

Salary - Excellent

+6 more

Dislikes

Though it's an Insurance company work life balance will be difficult for you.

Area Sales Manager in Indore

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.

Salary - Bad

+6 more

Unit Sales Manager in Mandi

Full Time

Sales & Business Development Department

5.0

• posted on 19 May 2023

5.0

for Salary and Benefits

Likes

Very good

Salary - Excellent

+6 more

Dislikes

...al managers are earning more and whole work is done by the frontline managers. Salary is to be paid more to frontlines not to the persons whose job is to give pressure.

see more salary related reviews

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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ICICI Prudential Life Insurance ASM Salary FAQs

How the salary growth look like for a ASM at ICICI Prudential Life Insurance in India?

The salary growth for a ASM at ICICI Prudential Life Insurance depends on factors such as experience, performance, and promotions. On average, a ASM can expect the following growth trajectory at ICICI Prudential Life Insurance:

Experience	Average Salary Range
1 year	₹4.5 Lakhs to ₹8.4 Lakhs per year
2 years	₹4.7 Lakhs to ₹8.5 Lakhs per year
3 years	₹4.7 Lakhs to ₹8.5 Lakhs per year

and so on.

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ICICI Prudential Life Insurance ASM Salaries

ICICI Prudential Life Insurance ASM salary in India ranges between ₹4.5 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.