ICICI Prudential Life Insurance Bancassurance Sales Manager Salaries by 7 Employees

3 - 5 years exp.

₹2.8 Lakhs - ₹4.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

21% less than the average Bancassurance Sales Manager Salary in Insurance Companies for 3 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Bancassurance Sales Manager Salary 4 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹4.4 L/yr
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Sales & Business Development Bancassurance Sales Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3 L/yr

Last Updated: 1 Jan 2024

Companies similar to ICICI Prudential Life Insurance for Bancassurance Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Bancassurance Sales Manager Salary 2 - 8 years exp. (36 salaries)	₹1.8 L/yr - ₹7.8 L/yr 47% more
Kotak Mahindara Life Insurance Bancassurance Sales Manager Salary 2 - 8 years exp. (10 salaries)	₹3.3 L/yr - ₹4.9 L/yr 23% more	4 job openings
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Axis Max Life Insurance Bancassurance Sales Manager Salary 2 - 6 years exp. (9 salaries)	₹3.1 L/yr - ₹6 L/yr 33% more
Tata AIA Life Insurance Bancassurance Sales Manager Salary 0 - 8 years exp. (7 salaries)	₹3.3 L/yr - ₹6.5 L/yr 51% more
Reliance Nippon Life Insurance Bancassurance Sales Manager Salary 0 - 1 year exp. (5 salaries)	₹2 L/yr - ₹2.5 L/yr 27% less
ICICI Lombard General Insurance Company Bancassurance Sales Manager Salary 4 - 11 years exp. (5 salaries)	₹4.7 L/yr - ₹6.3 L/yr 85% more
Aditya Birla Sun Life Insurance Bancassurance Sales Manager Salary 3 - 4 years exp. (4 salaries)	₹3.3 L/yr - ₹4.4 L/yr 17% more
PNB MetLife Bancassurance Sales Manager Salary 1 - 3 years exp. (4 salaries)	₹2.2 L/yr - ₹3.4 L/yr 7% less

Bancassurance Sales Manager salary at ICICI Prudential Life Insurance ranges between ₹2.8 Lakhs to ₹4.4 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 7 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Bancassurance Sales Manager salaries

Last Updated: 1 Jan 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (3 salaries)	₹2.8 L/yr - ₹3.2 L/yr
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5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr

From

Bancassurance Sales Manager

₹

Lakhs/yr

3 - 5 years exp.

Regional Manager

₹

Lakhs/yr

15 - 22 years exp.

Bancassurance Sales Manager

3 - 5 years exp.

Area Manager

1 - 17 years exp.

221% hike

Branch Manager

3 - 18 years exp.

25% hike

From

View 3 more levels

Bancassurance Sales Manager

3 - 5 years exp.

Senior Manager

0 - 9 years exp.

From

View 3 more levels

Bancassurance Sales Manager

3 - 5 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.

Similar Designation salaries in ICICI Prudential Life Insurance

Bancassurance Manager Salary

(27 salaries)

₹2.66 L/yr - ₹6.5 L/yr

Assistant Sales Manager Salary

(43 salaries)

₹4 L/yr - ₹5.75 L/yr

Financial Sales Manager Salary

(9 salaries)

₹2.7 L/yr - ₹5 L/yr

Associate Sales Manager Salary

(11 salaries)

₹2.75 L/yr - ₹3.9 L/yr

Business Sales Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Sales Manager Salary

(958 salaries)

₹2.5 L/yr - ₹11 L/yr

Area Manager Salary

(376 salaries)

₹5.8 L/yr - ₹13.2 L/yr

Business Development Manager Salary

(137 salaries)

₹2.25 L/yr - ₹4.77 L/yr

Corporate Agency Manager Salary

(5 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Cluster Manager Salary

(31 salaries)

₹6.05 L/yr - ₹17.5 L/yr

Salary related reviews for ICICI Prudential Life Insurance

Sales Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 17 Jan 2023

3.0

for Salary and Benefits

Likes

Skill development Salary and benefits

Skill development - Good

+1 more

Dislikes

No dislikes but everything depends on the manager you report and the channel you get in this company. If your in partner handling channel . Your manager will give so much respect and importance to the partner but not you . He will not understand your problem .

Promotions - Poor

+1 more

Relationship Manager in Saharsa

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.

Salary - Excellent

+6 more

Sales Manager in Kolkata

BFSI, Investments & Trading Department

5.0

• posted on 15 Jul 2021

5.0

for Salary and Benefits

Likes

Digital process , Good work environment and culture, teammates are supportive and the management is transparent.

Salary - Excellent

+6 more

Dislikes

Low salary compare to others company in same industry,now a days there is a lot of politics

Relationship Manager in Mumbai

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

Salary - Poor

+4 more

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

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 Bancassurance Sales Manager Salary FAQs

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

The average salary of a Bancassurance Sales Manager at ICICI Prudential Life Insurance in India typically ranges from ₹2.8 Lakhs to ₹4.4 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Bancassurance Sales Manager at ICICI Prudential Life Insurance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.4 Lakhs per year. Bancassurance Sales 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 7 ICICI Prudential Life Insurance employees in India.

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

The estimated take-home salary of a Bancassurance Sales Manager at ICICI Prudential Life Insurance in India typically ranges from ₹21,707 to ₹23,195 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹4.4 Lakhs per year for employees with experience ranging from 3 years to 5 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 7 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 Bancassurance Sales Manager in India?

ICICI Lombard General Insurance Company	₹4.7 Lakhs to ₹6.3 Lakhs per year
Tata AIA Life Insurance	₹3.3 Lakhs to ₹6.5 Lakhs per year
HDFC Life	₹1.8 Lakhs to ₹7.8 Lakhs per year
Axis Max Life Insurance	₹3.1 Lakhs to ₹6.0 Lakhs per year
Kotak Mahindara Life Insurance	₹3.3 Lakhs to ₹4.9 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 Bancassurance Sales Manager in companies similar to ICICI Prudential Life Insurance in India?

The salary of a Bancassurance Sales 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:

Aditya Birla Sun Life Insurance	₹3.3 Lakhs to ₹4.4 Lakhs per year
PNB MetLife	₹2.2 Lakhs to ₹3.4 Lakhs per year
Reliance Nippon Life Insurance	₹2.0 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 Bancassurance Sales Manager at ICICI Prudential Life Insurance in India?

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

Experience	Average Salary Range
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.2 Lakhs per year
5 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Bancassurance Sales Manager Salaries

ICICI Prudential Life Insurance Bancassurance Sales Manager salary in India ranges between ₹2.8 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

ICICI Prudential Life Insurance Bancassurance Sales Manager salaries in India

Companies similar to ICICI Prudential Life Insurance for Bancassurance Sales Manager

Latest annual salaries shared by ICICI Prudential Life Insurance Bancassurance Sales Manager

Experience wise ICICI Prudential Life Insurance Bancassurance Sales Manager salaries

Similar Designation salaries in ICICI Prudential Life Insurance

Salary related reviews for ICICI Prudential Life Insurance

Sales Manager in Hyderabad / Secunderabad

Relationship Manager in Saharsa

Sales Manager in Kolkata

Relationship Manager in Mumbai

Business Development Manager in Sambalpur

ICICI Prudential Life Insurance Bancassurance Sales Manager Salary FAQs

Tell us how to improve this page.