ICICI Prudential Life Insurance Associate Business Manager Salaries by 10+ Employees (Updated 2025)

1 - 13 years exp.

₹4.3 Lakhs - ₹5.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

54% less than the average Associate Business Manager Salary in Insurance Companies for 1 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Business Manager Salary 2 - 7 years exp. (4 salaries)	₹4.7 L/yr - ₹5.8 L/yr
Administration & Facilities Associate Business Manager Salary 1 - 13 years exp. (4 salaries)	₹4.3 L/yr - ₹5.7 L/yr
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Sales & Business Development Associate Business Manager Salary 13 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹5.7 L/yr

Last Updated: 16 Mar 2025

Companies similar to ICICI Prudential Life Insurance for Associate Business Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Associate Business Manager Salary 1 - 20 years exp. (131 salaries)	₹4 L/yr - ₹11 L/yr 27% more
HDFC Life Associate Business Manager Salary 2 - 9 years exp. (3 salaries)	₹2.8 L/yr - ₹4.3 L/yr 37% less
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HCLTech Associate Business Manager Salary 9 - 14 years exp. (184 salaries)	₹8.7 L/yr - ₹30.2 L/yr 257% more
Simplilearn Associate Business Manager Salary 3 - 8 years exp. (83 salaries)	₹6 L/yr - ₹12 L/yr 67% more
Meesho Associate Business Manager Salary 1 - 6 years exp. (61 salaries)	₹12 L/yr - ₹27.5 L/yr 260% more	6 job openings

Associate Business Manager salary at ICICI Prudential Life Insurance ranges between ₹4.3 Lakhs to ₹5.8 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 12 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Associate Business Manager salaries

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.6 L/yr
2 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹9.7 L/yr
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3 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
4 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹9.8 L/yr
5 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹9.8 L/yr
6 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.9 L/yr
8 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)	₹5 L/yr - ₹10 L/yr
10 years (AmbitionBox Estimate)	₹5 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
12 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹10.1 L/yr
13 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹10.2 L/yr

View all

From

Associate Business Manager

₹

Lakhs/yr

1 - 13 years exp.

Regional Manager

₹

Lakhs/yr

15 - 22 years exp.

Associate Business Manager

1 - 13 years exp.

Area Manager

1 - 17 years exp.

75% hike

Branch Manager

3 - 18 years exp.

25% hike

From

View 3 more levels

Associate Business Manager

1 - 13 years exp.

Senior Manager

0 - 9 years exp.

From

View 3 more levels

Associate Business Manager

1 - 13 years exp.

Chief Manager

9 - 22 years exp.

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.

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₹21.1 L/yr - ₹40 L/yr

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(4 salaries)

₹14.6 L/yr - ₹15.6 L/yr

Salary related reviews for ICICI Prudential Life Insurance

4.9

Rated by 6 employees for salary & benefits

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.

Skill development - Bad

+5 more

Team Lead in Indore

Engineering - Software & QA Department

5.0

• posted on 06 Sep 2019

5.0

for Salary and Benefits

Likes

I love the fact that i’m a part of a team that reliable l, high-quality products and has a global client base. As a result i get to interact with high profile people, celebrity and many more thinks to learn Another plus point is that my colleagues and Leadership Team is very much supportive & we work happily in collaboration.!!☺️

Salary - Excellent

+6 more

Dislikes

...gative wives so sometime we have to work more than shift timing but it’s okay becouse if we will spend more hours will get more salary.

Business Development Manager in Sambalpur

Agency Sales Department

3.0

• posted on 08 Aug 2020

4.0

for Salary and Benefits

Likes

Salary is ok, training is provided on the regular basis. Bonus and increaments are good.

Salary - Good

+1 more

Dislikes

Internal politics in management and higher posts, superior treats like a dog. Very bad and abusive language is used on the bad days. Little to no patience is there in the upper management.

Promotions - Poor

+1 more

Associate Consultant in New Delhi

Bancaasurance Department

3.0

• posted on 05 Apr 2019

3.0

for Salary and Benefits

Likes

icici is itself a brand and it has its own value the best thing about icici that the customer satisfaction is the best one and the products services or any issue regarding anything can be solved easily

Job security - Good

+1 more

Dislikes

Not satisfactory compensation and the career growth is very slow because insurance is a prosuct that 90% people dnt understand or dnt buy or miss guided by their friends and the last one thing is leaves are given very few

Business Development Manager in Kolkata

Customer Success, Service & Operations Department

4.0

• posted on 20 Mar 2018

3.0

for Salary and Benefits

Likes

I have learned a lot about insurance. Good platform to learn as a fresher, staffs are very much helpful, good and safe work environment.

Skill development - Excellent

+2 more

Dislikes

...tructure is very tough. Good rating in continuous 2 years is not that much easy. Starting salary structure is very bad, even some times lower than house keeping boys

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

Nagarro offer: Kindly Help me to decide

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ICICI Prudential Life Insurance Associate Business Manager Salary FAQs

What is the salary of Associate Business Manager at ICICI Prudential Life Insurance ?

The average salary of a Associate Business Manager at ICICI Prudential Life Insurance in India typically ranges from ₹4.3 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 1 year to 13 years).

The top 10% of Associate Business Manager at ICICI Prudential Life Insurance earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Associate Business 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 10+ ICICI Prudential Life Insurance employees in India.

What is the estimated take home salary of a Associate Business Manager at ICICI Prudential Life Insurance in India?

The estimated take-home salary of a Associate Business Manager at ICICI Prudential Life Insurance in India typically ranges from ₹42,034 to ₹43,169 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹5.8 Lakhs per year for employees with experience ranging from 1 year 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 10+ 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 Associate Business Manager in India?

Meesho	₹12.0 Lakhs to ₹27.5 Lakhs per year
HCLTech	₹8.7 Lakhs to ₹30.2 Lakhs per year
Simplilearn	₹6.0 Lakhs to ₹12.0 Lakhs per year
Tata AIA Life Insurance	₹4.0 Lakhs to ₹11.0 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 Associate Business Manager in companies similar to ICICI Prudential Life Insurance in India?

The salary of a Associate Business 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:

HDFC Life

₹2.8 Lakhs to ₹4.3 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 Associate Business Manager at ICICI Prudential Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹4.5 Lakhs to ₹9.6 Lakhs per year
2 years	₹4.7 Lakhs to ₹9.7 Lakhs per year
3 years	₹4.9 Lakhs to ₹6.2 Lakhs per year
4 years	₹5.4 Lakhs to ₹9.8 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Associate Business Manager Salaries

ICICI Prudential Life Insurance Associate Business Manager salary in India ranges between ₹4.3 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

ICICI Prudential Life Insurance Associate Business Manager salaries in India (Updated 2025)

Companies similar to ICICI Prudential Life Insurance for Associate Business Manager

Latest annual salaries shared by ICICI Prudential Life Insurance Associate Business Manager

Experience wise ICICI Prudential Life Insurance Associate Business Manager salaries

Similar Designation salaries in ICICI Prudential Life Insurance

Salary related reviews for ICICI Prudential Life Insurance

Senior Associate in Mumbai

Team Lead in Indore

Business Development Manager in Sambalpur

Associate Consultant in New Delhi

Business Development Manager in Kolkata

ICICI Prudential Life Insurance Associate Business Manager Salary FAQs

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