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based on 6k Reviews

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ICICI Prudential Life Insurance BDM salaries in India

Annual salary range
1 - 3 years exp.
₹3 Lakhs - ₹3.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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42% less than the average BDM Salary in Insurance Companies for 1 - 3 years of experience

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Last Updated: 24 Feb 2024

Companies similar to ICICI Prudential Life Insurance for BDM

Company name Avg Annual Salary Open Jobs
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HDFC Life BDM Salary

0 - 9 years exp. (183 salaries)

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₹2.2 L/yr - ₹4.5 L/yr

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SBI Life Insurance Company BDM Salary

2 - 10 years exp. (177 salaries)

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₹1.9 L/yr - ₹6.5 L/yr

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₹1.8 L/yr - ₹3.5 L/yr

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Max Life Insurance BDM Salary

1 - 12 years exp. (6 salaries)

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₹3.2 L/yr - ₹7.2 L/yr

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Kotak Mahindara Life Insurance BDM Salary

0 - 17 years exp. (4 salaries)

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₹4.5 L/yr - ₹8.8 L/yr

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Bajaj Allianz Life Insurance BDM Salary

1 - 13 years exp. (28 salaries)

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₹3 L/yr - ₹5.2 L/yr

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Tata AIA Life Insurance BDM Salary

3 - 11 years exp. (5 salaries)

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₹2.8 L/yr - ₹3.3 L/yr

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Reliance Nippon Life Insurance BDM Salary

3 - 9 years exp. (5 salaries)

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₹3.2 L/yr - ₹4.5 L/yr

arrow icon 27% more
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SBI General Insurance BDM Salary

2 - 8 years exp. (38 salaries)

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₹2 L/yr - ₹4.8 L/yr

arrow icon 16% more
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Care Health Insurance BDM Salary

4 - 15 years exp. (6 salaries)

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₹5.5 L/yr - ₹12.5 L/yr

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₹1.9 L/yr - ₹6.6 L/yr

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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 3 years. Salary estimates are based on 3 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance BDM

10mo ago
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3 years exp.
1y ago
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1 year exp.
1y ago
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2 years exp.

Experience wise ICICI Prudential Life Insurance BDM salaries

Last Updated: 24 Feb 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3 L/yr - ₹5.5 L/yr
2 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.5 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

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₹1.5 L/yr - ₹5.45 L/yr
Unit Manager Salary
(718 salaries)
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₹1.4 L/yr - ₹4.5 L/yr
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₹3.25 L/yr - ₹6.8 L/yr
Business Trainee Salary
(529 salaries)
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₹3.5 L/yr - ₹6 L/yr
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₹2 L/yr - ₹4.86 L/yr
Area Manager Salary
(349 salaries)
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₹5.8 L/yr - ₹13.1 L/yr
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₹4.2 L/yr - ₹9.6 L/yr
Senior Associate Salary
(286 salaries)
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₹2.5 L/yr - ₹5.3 L/yr
Financial Advisor Salary
(165 salaries)
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₹1.05 L/yr - ₹6.08 L/yr
Sales Executive Salary
(144 salaries)
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₹1.5 L/yr - ₹4.8 L/yr

Salary related reviews for ICICI Prudential Life Insurance

1.0

Rated by 1 employees for salary & benefits

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.

read more

Dislikes

Everything

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

read 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

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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.

read more

Dislikes

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

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 08 Feb 2023

1.0
 for  Salary and Benefits

Likes

Salary is decent, but lesser than offered by MNCs and Startups. Good support for freshers.

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Dislikes

Management Trainee profile is highly sales oriented, nothing else. You'll be made to travel on a bike, visit multiple people on a daily basis and sell insurance products. The company will promise, but never gives any food/ travel/ fuel reimbursements. The IT infrastructure is pathetic. Laptops given to employee hang a lot and are difficult to work on. The colleagues and peers are average. You would rarely come across people from good management institutes working here. There is no "Real skill" development other than communication skill. The company will train you but only to sell products, nothing else. Work life balance is pathetic, and we're often asked to work on weekends. Leaves are rarely approved. The work culture is aggressive, and manager shout and abuse their subordinates. The HR will not help you either, but only support the manager. The attrition rate is very high among the Front line staff/Business Trainee/ Management Trainee. Almost 70% people leave within 1 year and switch to MNCs/ Startups for better work culture, pay and respect. Everyday it feels like the company is going through a financial crisis. They lack money to maintain basic office infrastructure and spend on employee welfare. No Diwali gifts or office lunches. The company is losing market share to HDFC Life. Except for Term Insurance, all other products are a SCAM. It's not ethical to work here. Sooner or later customer will abuse you for misleading and fraud. Avoid ICICI Prudential. Don't ruin your career.

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Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 10 Aug 2023

3.0
 for  Salary and Benefits

Likes

Icici Prudential life is good for success in employees career. I like company facilities provident fund system.

Dislikes

I dislike Resignation system. Because when I need immediately resign so company paid system not good my 10days salary not get because I gave immediate resign that is not true.

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ICICI Prudential Life Insurance BDM Salary FAQs

What is the notice period for BDM at ICICI Prudential Life Insurance?
According to AmbitionBox, 67% of the ICICI Prudential Life Insurance BDMs reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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