ICICI Prudential Life Insurance BDM Salaries by 4 Employees

1 - 4 years exp.

₹3 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

41% less than the average BDM Salary in Insurance Companies for 1 - 4 years of experience

Interested in this particular role?

Last Updated: 24 Feb 2024

Companies similar to ICICI Prudential Life Insurance for BDM

Company name	Avg Annual Salary	Open Jobs
HDFC Life BDM Salary 0 - 10 years exp. (167 salaries)	₹2 L/yr - ₹4.3 L/yr 12% more
SBI Life Insurance Company BDM Salary 2 - 10 years exp. (176 salaries)	₹1.9 L/yr - ₹6.5 L/yr 50% more
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Life Insurance Corporation of India BDM Salary 0 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹3.5 L/yr 11% less
Axis Max Life Insurance BDM Salary 1 - 12 years exp. (6 salaries)	₹3.4 L/yr - ₹7.2 L/yr 69% more
Kotak Mahindara Life Insurance BDM Salary 0 - 17 years exp. (4 salaries)	₹4.5 L/yr - ₹8.8 L/yr 128% more
Bajaj Allianz Life Insurance BDM Salary 0 - 13 years exp. (26 salaries)	₹3.4 L/yr - ₹5.2 L/yr 42% more
Tata AIA Life Insurance BDM Salary 3 - 11 years exp. (5 salaries)	₹2.8 L/yr - ₹3.3 L/yr 2% less
Reliance Nippon Life Insurance BDM Salary 3 - 9 years exp. (5 salaries)	₹3.2 L/yr - ₹4.5 L/yr 25% more
SBI General Insurance BDM Salary 1 - 7 years exp. (44 salaries)	₹2 L/yr - ₹4.5 L/yr 11% more
Aditya Birla Sun Life Insurance BDM Salary 1 - 10 years exp. (7 salaries)	₹3 L/yr - ₹5.8 L/yr 37% more
Shriram Life Insurance BDM Salary 0 - 9 years exp. (6 salaries)	₹2.2 L/yr - ₹6.2 L/yr 21% more
Login to view exact salary
ICICI Lombard General Insurance Company BDM Salary 4 - 10 years exp. (4 salaries)	₹1.9 L/yr - ₹6.6 L/yr 20% more

BDM salary at ICICI Prudential Life Insurance ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance BDM salaries

Last Updated: 24 Feb 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹5.6 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.6 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr

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Salary related reviews for ICICI Prudential Life Insurance

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

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

Financial Service Consultant in Kolkata

Full Time

Finance & Accounting Department

1.0

• posted on 02 Dec 2024

1.0

for Salary and Benefits

Likes

...ed for. There is no work-life balance. Company work culture is purely political. No learnings and compensation is below industry standards. Suggestion to anyone who is thinking to work here: Better go for Delivery agent rather work for ICICI Prudential.

Dislikes

Everything

Salary - Bad

+6 more

Financial Service Consultant in Mehsana

Full Time

Sales & Business Development Department

4.0

• posted on 16 Jul 2024

4.0

for Salary and Benefits

Likes

Um it's overall things like salary and atmosphere is good but internal pressure is high

Salary - Good

+1 more

Dislikes

I lost a lot amount for gifting things in bank to employees but not a single bill pass or approval done my manager that's the bad thing ig

Business Trainee in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 05 Oct 2024

4.0

for Salary and Benefits

Likes

HR team are too supportive the best HR team ever, company provides good bonus, incentives.

Salary - Good

Dislikes

The working culture in the direct marketing channel is particularly poor, characterized by various unprofessional behaviors and practices.

Skill development - Poor

+4 more

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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ICICI Prudential Life Insurance BDM Salary FAQs

What is the salary of BDM at ICICI Prudential Life Insurance ?

The average salary of a BDM at ICICI Prudential Life Insurance in India typically ranges from ₹3.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of BDM at ICICI Prudential Life Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. BDM 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 4 ICICI Prudential Life Insurance employees in India.

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

The estimated take-home salary of a BDM at ICICI Prudential Life Insurance in India typically ranges from ₹22,331 to ₹23,809 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year to 4 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 4 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 BDM in India?

Kotak Mahindara Life Insurance	₹4.5 Lakhs to ₹8.8 Lakhs per year
Axis Max Life Insurance	₹3.4 Lakhs to ₹7.2 Lakhs per year
SBI Life Insurance Company	₹1.9 Lakhs to ₹6.5 Lakhs per year
Bajaj Allianz Life Insurance	₹3.4 Lakhs to ₹5.2 Lakhs per year
Aditya Birla Sun Life Insurance	₹3.0 Lakhs to ₹5.8 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 BDM in companies similar to ICICI Prudential Life Insurance in India?

The salary of a BDM 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:

Reliance Nippon Life Insurance	₹3.2 Lakhs to ₹4.5 Lakhs per year
Shriram Life Insurance	₹2.2 Lakhs to ₹6.2 Lakhs per year
ICICI Lombard General Insurance Company	₹1.9 Lakhs to ₹6.6 Lakhs per year
HDFC Life	₹2.0 Lakhs to ₹4.3 Lakhs per year
SBI General Insurance	₹2.0 Lakhs to ₹4.5 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 BDM at ICICI Prudential Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹5.6 Lakhs per year
2 years	₹3.0 Lakhs to ₹5.6 Lakhs per year
3 years	₹1.2 Lakhs to ₹3.5 Lakhs per year
4 years	₹1.2 Lakhs to ₹3.5 Lakhs per year

and so on.

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ICICI Prudential Life Insurance BDM Salaries

ICICI Prudential Life Insurance BDM salary in India ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.