ICICI Prudential Life Insurance Associate Manager Salaries by 100+ Employees (Updated 2025)

0 - 6 years exp.

₹2 Lakhs - ₹6 Lakhs

Salary of majority employees

76% less than the average Associate Manager Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Manager Salary 0 - 6 years exp. (28 salaries)	₹2.2 L/yr - ₹6 L/yr
Sales & Business Development Associate Manager Salary 1 - 6 years exp. (12 salaries)	₹2.4 L/yr - ₹3.8 L/yr
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Customer Success, Service & Operations Associate Manager Salary 2 - 6 years exp. (11 salaries)	₹2 L/yr - ₹5.5 L/yr
Finance & Accounting Associate Manager Salary 0 - 4 years exp. (11 salaries)	₹2.7 L/yr - ₹5.5 L/yr
Marketing & Communication Associate Manager Salary 1 - 5 years exp. (5 salaries)	₹3 L/yr - ₹5 L/yr

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Last Updated: 23 Mar 2025

Companies similar to ICICI Prudential Life Insurance for Associate Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Associate Manager Salary 0 - 12 years exp. (826 salaries)	₹2.5 L/yr - ₹7 L/yr 30% more
Axis Max Life Insurance Associate Manager Salary 1 - 8 years exp. (152 salaries)	₹2.3 L/yr - ₹6 L/yr 5% more
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ICICI Lombard General Insurance Company Associate Manager Salary 2 - 14 years exp. (46 salaries)	₹4 L/yr - ₹12.1 L/yr 119% more
HDFC Ergo General Insurance Associate Manager Salary 1 - 12 years exp. (48 salaries)	₹2.6 L/yr - ₹8.5 L/yr 31% more
Kotak Mahindara Life Insurance Associate Manager Salary 0 - 6 years exp. (15 salaries)	₹1.9 L/yr - ₹4.8 L/yr 1% less
Bajaj Allianz Life Insurance Associate Manager Salary 0 - 13 years exp. (10 salaries)	₹5.1 L/yr - ₹10 L/yr 113% more
Aditya Birla Sun Life Insurance Associate Manager Salary 1 - 5 years exp. (8 salaries)	₹2.5 L/yr - ₹6.3 L/yr 1% less
Swiss Re Associate Manager Salary 5 - 8 years exp. (5 salaries)	₹15.4 L/yr - ₹20 L/yr 383% more
Tata AIA Life Insurance Associate Manager Salary 2 - 12 years exp. (4 salaries)	₹2.7 L/yr - ₹7.3 L/yr 42% more
Gallagher Associate Manager Salary 11 - 12 years exp. (4 salaries)	₹16 L/yr - ₹22 L/yr 389% more
SBI General Insurance Associate Manager Salary 4 - 15 years exp. (4 salaries)	₹4.5 L/yr - ₹6.6 L/yr 55% more
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PNB MetLife Associate Manager Salary 3 - 9 years exp. (4 salaries)	₹2.8 L/yr - ₹13 L/yr 84% more
Reliance Nippon Life Insurance Associate Manager Salary 6 - 8 years exp. (3 salaries)	₹4.3 L/yr - ₹6 L/yr 43% more
AXA Associate Manager Salary 8 - 10 years exp. (3 salaries)	₹8.4 L/yr - ₹13.5 L/yr 211% more
Star Health & Allied Insurance Associate Manager Salary 1 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹7.8 L/yr 55% more

Associate Manager salary at ICICI Prudential Life Insurance ranges between ₹2 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 100 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Associate Manager salaries

Last Updated: 23 Mar 2025

Experience	Avg Annual Salary
Fresher (5 salaries)	₹2.7 L/yr - ₹5 L/yr
1 year (17 salaries)	₹2 L/yr - ₹5.5 L/yr
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2 years (22 salaries)	₹2 L/yr - ₹5.5 L/yr
3 years (26 salaries)	₹2.2 L/yr - ₹6 L/yr
4 years (19 salaries)	₹2.5 L/yr - ₹6 L/yr
5 years (6 salaries)	₹2.9 L/yr - ₹5 L/yr
6 years (5 salaries)	₹3 L/yr - ₹5.5 L/yr

View all

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Technical Manager Salary

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Associate Consultant Salary

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₹1.2 L/yr - ₹4.2 L/yr

Software Engineer Salary

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₹2 L/yr - ₹8.2 L/yr

Test Lead Salary

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₹6.8 L/yr - ₹8.7 L/yr

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₹17.3 L/yr - ₹22.1 L/yr

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Senior Associate Salary

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Senior Consultant Salary

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₹3.5 L/yr - ₹5 L/yr

Salary related reviews for ICICI Prudential Life Insurance

3.9

Rated by 16 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.

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

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.

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.

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.

Skill development - Bad

+3 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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ICICI Prudential Life Insurance Associate Manager Salary FAQs

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

The average salary of a Associate Manager at ICICI Prudential Life Insurance in India typically ranges from ₹2.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Associate Manager at ICICI Prudential Life Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Associate 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 100+ ICICI Prudential Life Insurance employees in India.

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

The estimated take-home salary of a Associate Manager at ICICI Prudential Life Insurance in India typically ranges from ₹27,108 to ₹28,516 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 6 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 100+ 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 Manager in India?

Gallagher	₹16.0 Lakhs to ₹22.0 Lakhs per year
Swiss Re	₹15.4 Lakhs to ₹20.0 Lakhs per year
AXA	₹8.4 Lakhs to ₹13.5 Lakhs per year
ICICI Lombard General Insurance Company	₹4.0 Lakhs to ₹12.1 Lakhs per year
Bajaj Allianz Life Insurance	₹5.1 Lakhs to ₹10.0 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 Manager in companies similar to ICICI Prudential Life Insurance in India?

The salary of a Associate 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:

PNB MetLife	₹2.8 Lakhs to ₹13.0 Lakhs per year
Star Health & Allied Insurance	₹2.4 Lakhs to ₹7.8 Lakhs per year
SBI General Insurance	₹4.5 Lakhs to ₹6.6 Lakhs per year
Reliance Nippon Life Insurance	₹4.3 Lakhs to ₹6.0 Lakhs per year
Tata AIA Life Insurance	₹2.7 Lakhs to ₹7.3 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 Manager at ICICI Prudential Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹2.7 Lakhs to ₹5.0 Lakhs per year
1 year	₹2.0 Lakhs to ₹5.5 Lakhs per year
2 years	₹2.0 Lakhs to ₹5.5 Lakhs per year
3 years	₹2.2 Lakhs to ₹6.0 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Associate Manager Salaries by Location

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ICICI Prudential Life Insurance Associate Manager Salaries

ICICI Prudential Life Insurance Associate Manager salary in India ranges between ₹2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 100 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

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

Companies similar to ICICI Prudential Life Insurance for Associate Manager

Latest annual salaries shared by ICICI Prudential Life Insurance Associate Manager

Experience wise ICICI Prudential Life Insurance Associate 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

Associate Consultant in New Delhi

Senior Financial Service Manager in Lucknow

Financial Service Consultant in Salem

ICICI Prudential Life Insurance Associate Manager Salary FAQs

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ICICI Prudential Life Insurance Associate Manager Salaries by Location