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ICICI Prudential Life Insurance Back Office Executive salaries in Mumbai (Updated 2025)

Annual salary range
1 - 8 years exp.
₹1.1 Lakh - ₹3.1 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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9% less than the average Back Office Executive Salary in Insurance Companies for 1 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Back Office Executive Salary
1 - 4 years exp. (10 salaries)
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₹2 L/yr - ₹3.1 L/yr

BFSI, Investments & Trading
Back Office Executive Salary
2 - 8 years exp. (5 salaries)
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₹1.1 L/yr - ₹2.2 L/yr

Finance & Accounting
Back Office Executive Salary
1 - 2 years exp. (3 salaries)
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₹1.4 L/yr - ₹2 L/yr

Last Updated: 28 Feb 2025

Companies similar to ICICI Prudential Life Insurance for Back Office Executive in Mumbai

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ICICI Prudential Life Insurance Back Office Executive Salary

1 - 8 years exp. (19 salaries)

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₹1.1 L/yr - ₹3.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1.8 L/yr - ₹3.7 L/yr

arrow icon 18% more
5 job openings
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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 26% more
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₹1.1 L/yr - ₹3.6 L/yr

arrow icon 3% more
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₹1.1 L/yr - ₹5.2 L/yr

arrow icon 34% more
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₹2 L/yr - ₹5 L/yr

arrow icon 32% more
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₹1 L/yr - ₹4.5 L/yr

arrow icon 4% less
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HDFC Life Back Office Executive Salary

1 - 5 years exp. (10 salaries)

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₹1.5 L/yr - ₹3.1 L/yr

arrow icon 14% more
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₹1.5 L/yr - ₹4 L/yr

arrow icon 34% more
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₹2 L/yr - ₹3.2 L/yr

arrow icon 21% more
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PNB MetLife Back Office Executive Salary

1 - 6 years exp. (5 salaries)

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₹2.1 L/yr - ₹3.5 L/yr

arrow icon 15% more
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₹2 L/yr - ₹2.5 L/yr

arrow icon 6% more
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₹2.3 L/yr - ₹2.5 L/yr

arrow icon 10% more
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₹2.1 L/yr - ₹3.1 L/yr

arrow icon 11% more
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₹1.5 L/yr - ₹2.2 L/yr

arrow icon 9% less
Back Office Executive salary at ICICI Prudential Life Insurance ranges between ₹1.1 Lakh to ₹3.1 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 19 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Back Office Executive in Mumbai

1mo ago
₹2.3 Lakhs
2 years exp.
1mo ago
₹3.1 Lakhs
3 years exp.
3mo ago
₹2 Lakhs
2 years exp.
6mo ago
₹2.5 Lakhs
4 years exp.
6mo ago
₹2.7 Lakhs
2 years exp.
6mo ago
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2 years exp.
1y ago
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3 years exp.
1y ago
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1 year exp.

Experience wise ICICI Prudential Life Insurance Back Office Executive salaries in Mumbai

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
1 year  (4 salaries)

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₹1.4 L/yr - ₹2.2 L/yr
2 years  (9 salaries)

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₹1.1 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr
5 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr
View all

Similar Designation salaries in ICICI Prudential Life Insurance

MIS Executive Salary
(83 salaries)
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₹1.5 L/yr - ₹4.5 L/yr
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₹1.55 L/yr - ₹4.8 L/yr
Sales Executive Salary
(15 salaries)
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₹2 L/yr - ₹3.8 L/yr
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₹2.13 L/yr - ₹3.6 L/yr

Salary related reviews for ICICI Prudential Life Insurance

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

Customer Success, Service & Operations Department

5.0
  •  posted on 12 Aug 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling.company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Marketing & Communication Department

1.0
  •  posted on 26 Mar 2021

2.0
 for  Salary and Benefits

Likes

- Allowances are good. - Salary comes on time.

  • Job security - Good

Dislikes

There is absolutely no work life balance here. The boss / super boss everyone speaks in a very demotivating and degrading tone. It is very abusive and toxic. Unrealistic expectations and extremely abusive culture

read more
  • Salary - Poor
  • +4 more

Customer Success, Service & Operations Department

4.0
  •  posted on 20 Aug 2020

4.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good Salary hike and bonus every year.

read more
  • Salary - Good
  • +4 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2years before which you cannot resign. On the job training is not given to new joinees.

read more

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.!!☺️

read more
  • 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.

read more
see more salary related reviews

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ICICI Prudential Life Insurance Back Office Executive Salary FAQs

What is the salary of Back Office Executive at ICICI Prudential Life Insurance in Mumbai?
The average salary of a Back Office Executive at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹1.1 Lakhs to ₹3.1 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Back Office Executive in Mumbai at ICICI Prudential Life Insurance earn more than ₹2.6 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Back Office Executive 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 Back Office Executive at ICICI Prudential Life Insurance in Mumbai?
The estimated take-home salary of a Back Office Executive at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹15,021 to ₹16,590 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from 1 year to 8 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 Back Office Executive in India?
Aditya Birla Sun Life Insurance ₹1.5 Lakhs to ₹4.0 Lakhs per year
Tata AIA Life Insurance ₹1.1 Lakhs to ₹5.2 Lakhs per year
Reliance Nippon Life Insurance ₹2.0 Lakhs to ₹5.0 Lakhs per year
HDFC Ergo General Insurance ₹1.5 Lakhs to ₹4.5 Lakhs per year
SBI General Insurance ₹2.0 Lakhs to ₹3.2 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 Back Office Executive in companies similar to ICICI Prudential Life Insurance in Mumbai?
The salary of a Back Office Executive at companies similar to ICICI Prudential Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company ₹1.8 Lakhs to ₹3.7 Lakhs per year
PNB MetLife ₹2.1 Lakhs to ₹3.5 Lakhs per year
HDFC Life ₹1.5 Lakhs to ₹3.1 Lakhs per year
Bajaj Allianz Life Insurance ₹2.1 Lakhs to ₹3.1 Lakhs per year
Shriram Life Insurance ₹2.3 Lakhs to ₹2.5 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 Back Office Executive at ICICI Prudential Life Insurance in Mumbai?
The salary growth for a Back Office Executive at ICICI Prudential Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Back Office Executive in Mumbai can expect the following growth trajectory at ICICI Prudential Life Insurance:

Experience Average Salary Range
1 year ₹1.4 Lakhs to ₹2.2 Lakhs per year
2 years ₹1.1 Lakhs to ₹2.7 Lakhs per year
3 years ₹1.9 Lakhs to ₹2.5 Lakhs per year
4 years ₹2.0 Lakhs to ₹2.5 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Prudential Life Insurance Back Office Executive salary in Mumbai ranges between ₹1.1 Lakh to ₹3.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 19 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.