ICICI Prudential Life Insurance Chennai Assistant Manager Salaries by 20+ Employees

1 - 12 years exp.

₹4 Lakhs - ₹6.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

35% less than the average Assistant Manager Salary in Insurance Companies for 1 - 12 years of experience

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Salaries in different departments

Customer Success, Service & Operations Assistant Manager Salary 5 - 12 years exp. (7 salaries)	₹5 L/yr - ₹5.9 L/yr
Sales & Business Development Assistant Manager Salary 1 - 9 years exp. (7 salaries)	₹4 L/yr - ₹6.7 L/yr
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Marketing & Communication Assistant Manager Salary 3 - 5 years exp. (3 salaries)	₹4.5 L/yr - ₹5.6 L/yr
BFSI, Investments & Trading Assistant Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.7 L/yr
Data Science & Analytics Assistant Manager Salary 1 - 12 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr

View all

Last Updated: 13 Dec 2024

Companies similar to ICICI Prudential Life Insurance for Assistant Manager in Chennai

ICICI Prudential Life Insurance Assistant Manager Salary

1 - 12 years exp. (27 salaries)

₹4 L/yr - ₹6.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Assistant Manager Salary 4 - 13 years exp. (130 salaries)	₹3 L/yr - ₹7.9 L/yr 3% less
Kotak Mahindara Life Insurance Assistant Manager Salary 0 - 7 years exp. (54 salaries)	₹2 L/yr - ₹4.8 L/yr 34% less	1 job opening
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Aditya Birla Sun Life Insurance Assistant Manager Salary 0 - 8 years exp. (40 salaries)	₹2.5 L/yr - ₹5.5 L/yr 19% less
HDFC Ergo General Insurance Assistant Manager Salary 1 - 10 years exp. (39 salaries)	₹3 L/yr - ₹5.9 L/yr 8% less
Tata AIA Life Insurance Assistant Manager Salary 3 - 13 years exp. (13 salaries)	₹3.4 L/yr - ₹8.6 L/yr 56% more	29 job openings
SBI Life Insurance Company Assistant Manager Salary 1 - 14 years exp. (13 salaries)	₹4.1 L/yr - ₹9.5 L/yr 33% more
Kotak Mahindra General Insurance Assistant Manager Salary 0 - 7 years exp. (12 salaries)	₹2 L/yr - ₹4.3 L/yr 32% less
HDFC Life Assistant Manager Salary 3 - 10 years exp. (12 salaries)	₹3 L/yr - ₹6 L/yr 9% less
SBI General Insurance Assistant Manager Salary 5 - 10 years exp. (9 salaries)	₹3.6 L/yr - ₹7.3 L/yr 19% less
Aditya Birla Insurance Brokers Assistant Manager Salary 2 - 6 years exp. (9 salaries)	₹3.3 L/yr - ₹6.1 L/yr 6% less
ICICI Lombard General Insurance Company Assistant Manager Salary 5 - 12 years exp. (8 salaries)	₹4 L/yr - ₹8.1 L/yr 16% more
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Shriram Life Insurance Assistant Manager Salary 6 - 13 years exp. (7 salaries)	₹4 L/yr - ₹5.5 L/yr 1% more
United India Insurance Company Assistant Manager Salary 5 - 11 years exp. (4 salaries)	₹7 L/yr - ₹16.3 L/yr 182% more
PNB MetLife Assistant Manager Salary 3 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹5.1 L/yr 18% less

Assistant Manager salary at ICICI Prudential Life Insurance ranges between ₹4 Lakhs to ₹6.7 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 27 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Assistant Manager in Chennai

3mo ago

₹5.7 Lakhs

8 years exp.

4mo ago

₹6.7 Lakhs

6 years exp.

4mo ago

₹5.9 Lakhs

12 years exp.

5mo ago

₹5.2 Lakhs

9 years exp.

10mo ago

₹5.1 Lakhs

6 years exp.

10mo ago

6 years exp.

1y ago

8 years exp.

1y ago

5 years exp.

1y ago

5 years exp.

1y ago

4 years exp.

Experience wise ICICI Prudential Life Insurance Assistant Manager salaries in Chennai

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
1 year (5 salaries)	₹4.3 L/yr - ₹5.1 L/yr
2 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
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3 years (3 salaries)	₹4 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
5 years (3 salaries)	₹5 L/yr - ₹9.5 L/yr
6 years (4 salaries)	₹4.3 L/yr - ₹6.7 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
8 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
9 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
10 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
11 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
12 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr

View all

From

Assistant Manager

₹

Lakhs/yr

1 - 12 years exp.

Senior Manager

₹

Lakhs/yr

0 - 9 years exp.

Assistant Manager 1 - 12 years exp.

Manager 1 - 13 years exp.

45% hike

Senior Manager 0 - 9 years exp.

129% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in ICICI Prudential Life Insurance

Sales Manager Salary

(54 salaries)

₹3.5 L/yr - ₹10 L/yr

Relationship Manager Salary

(14 salaries)

₹2.5 L/yr - ₹7.5 L/yr

Branch Manager Salary

(6 salaries)

₹5.66 L/yr - ₹12.55 L/yr

Top skills at ICICI Prudential Life Insurance for Assistant Manager

Management Process Orientation Pharma MS Access Interpersonal Skills

Salary related reviews for ICICI Prudential Life Insurance

4.9

Rated by 4 employees for salary & benefits

Assistant Manager in Cuttack

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 21 Jun 2023

3.0

for Salary and Benefits

Likes

...about it and some senior employees do the monopoly and misutilize the power....and i observed that people hired from outside to ipru on high package but existing employees always suffer interms of promotion and increment.....any ways i m a small employees and i don't have any value to give the any feedback . It's just a by heart just i articulate my views... Thanks...

Job security - Excellent

+2 more

Dislikes

On training On moral support On user-friendly mode on some dept..

Skill development - Bad

+1 more

Assistant Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Nov 2021

4.0

for Salary and Benefits

Likes

Good with job security. Educate employee alot on products. Salary gets on time. In lockdown there was alot of supports from top management. Alot we can learn from this organisation. Over all its an very good organisation.

Salary - Good

+5 more

Dislikes

Career growth is bit slow thats it. Rest all perfect.

Assistant Manager in Hyderabad / Secunderabad

Agency Department

3.0

• posted on 02 Jan 2018

5.0

for Salary and Benefits

Likes

...ob is to recruit advisors(agents),train them and generate business through them.Salary is good.We get yearly bonus and monthly bonus if we reach our goalsheet. Cons:To be honest,the products we sell are not so worthy to the customers unless he stays invested morethan 15years with the company.And MF's give better returns than Life Insurance.Customers lost trust in Life Insurance because of the high commission they give to agents and charges they pose to operate.Work life balance is terrable We are asked to come to office on every 1st,3rd and 5th sundays and 2nd,4th sundays are holidays (We have to go to client meeting on those days too because every monday is a business day).

Salary - Excellent

+2 more

Dislikes

Teammates are good,training is also good.there is no problem with salary,learning and bonus etc.Job security is terrable,even you dono when you'l quit because of Mental pressure.

Job security - Bad

+2 more

Assistant Manager in Jharsuguda

Marketing & Communication Department

2.0

• posted on 01 Nov 2018

1.0

for Salary and Benefits

Likes

...ledge and higher studies. Job security is good but only if bosses are satisfied. Compensation is less as products sales target is high

Dislikes

No training.. product based training no higher scope

Salary - Bad

+4 more

Assistant Manager in Bangalore / Bengaluru

Marketing & Communication Department

5.0

• posted on 09 Jan 2018

5.0

for Salary and Benefits

Likes

Icici prudential is an excellent company when it come for salary package and working environment . . But there are 7 channels through which they sell insurance everything depends on the channel which you get!

Salary - Excellent

+6 more

Dislikes

Yes

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Salary Discussions, Hike & Promotions

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 Assistant Manager Salary FAQs

What is the salary of Assistant Manager at ICICI Prudential Life Insurance in Chennai?

The average salary of a Assistant Manager at ICICI Prudential Life Insurance in Chennai typically ranges from ₹4.0 Lakhs to ₹6.7 Lakhs per year, depending on experience (from 1 year to 12 years).

The top 10% of Assistant Manager in Chennai at ICICI Prudential Life Insurance earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹6.7 Lakhs per year. Assistant 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 20+ ICICI Prudential Life Insurance employees in India.

What is the estimated take home salary of a Assistant Manager at ICICI Prudential Life Insurance in Chennai?

The estimated take-home salary of a Assistant Manager at ICICI Prudential Life Insurance in Chennai typically ranges from ₹40,410 to ₹41,569 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.7 Lakhs per year for employees with experience ranging from 1 year to 12 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 20+ salaries received from various employees of ICICI Prudential Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at ICICI Prudential Life Insurance in Chennai?

To be a Assistant Manager at ICICI Prudential Life Insurance in Chennai, the key skills required include:

- Management
- Process Orientation
- Pharma
- MS Access
- Interpersonal Skills

These skills are highly valued at ICICI Prudential Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than ICICI Prudential Life Insurance for Assistant Manager in India?

United India Insurance Company	₹7.0 Lakhs to ₹16.3 Lakhs per year
Tata AIA Life Insurance	₹3.4 Lakhs to ₹8.6 Lakhs per year
SBI Life Insurance Company	₹4.1 Lakhs to ₹9.5 Lakhs per year
ICICI Lombard General Insurance Company	₹4.0 Lakhs to ₹8.1 Lakhs per year
Shriram Life Insurance	₹4.0 Lakhs to ₹5.5 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 Assistant Manager in companies similar to ICICI Prudential Life Insurance in Chennai?

The salary of a Assistant Manager at companies similar to ICICI Prudential Life Insurance in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Health & Allied Insurance	₹3.0 Lakhs to ₹7.9 Lakhs per year
Aditya Birla Insurance Brokers	₹3.3 Lakhs to ₹6.1 Lakhs per year
HDFC Ergo General Insurance	₹3.0 Lakhs to ₹5.9 Lakhs per year
HDFC Life	₹3.0 Lakhs to ₹6.0 Lakhs per year
PNB MetLife	₹2.5 Lakhs to ₹5.1 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 Assistant Manager at ICICI Prudential Life Insurance in Chennai?

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

Experience	Average Salary Range
1 year	₹4.3 Lakhs to ₹5.1 Lakhs per year
2 years	₹4.6 Lakhs to ₹5.8 Lakhs per year
3 years	₹4.0 Lakhs to ₹6.0 Lakhs per year
4 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Assistant Manager Salaries in Chennai

ICICI Prudential Life Insurance Assistant Manager salary in Chennai ranges between ₹4 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.