ICICI Prudential Life Insurance Mumbai Branch Head Salaries by 7 Employees (Updated 2025)

9 - 18 years exp.

₹11.6 Lakhs - ₹15.5 Lakhs

Salary of majority employees

7% less than the average Branch Head Salary in Insurance Companies for 9 - 18 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Branch Head Salary 9 - 18 years exp. (3 salaries)	₹11.4 L/yr - ₹15.5 L/yr
Login to view exact salary
BFSI, Investments & Trading Branch Head Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹9.6 L/yr - ₹11.6 L/yr

Last Updated: 29 Jan 2025

Companies similar to ICICI Prudential Life Insurance for Branch Head in Mumbai

ICICI Prudential Life Insurance Branch Head Salary

9 - 18 years exp. (7 salaries)

₹11.6 L/yr - ₹15.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Head Salary 5 - 14 years exp. (14 salaries)	₹6.5 L/yr - ₹10 L/yr 22% less
Aditya Birla Sun Life Insurance Branch Head Salary 12 - 18 years exp. (8 salaries)	₹13 L/yr - ₹16.5 L/yr 24% more
Login to view exact salary
HDFC Ergo General Insurance Branch Head Salary 10 - 16 years exp. (4 salaries)	₹8.6 L/yr - ₹11.8 L/yr 16% less
Reliance Nippon Life Insurance Branch Head Salary 8 - 12 years exp. (3 salaries)	₹8.5 L/yr - ₹10 L/yr 27% less
Axis Bank Branch Head Salary 10 - 23 years exp. (68 salaries)	₹9.7 L/yr - ₹26 L/yr 37% more

Branch Head salary at ICICI Prudential Life Insurance ranges between ₹11.6 Lakhs to ₹15.5 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Branch Head salaries in Mumbai

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.6 L/yr
10 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
Login to view exact salary
11 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
12 years (3 salaries)	₹4.5 L/yr - ₹12 L/yr
13 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
14 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
15+ years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr

View all

Similar Designation salaries in ICICI Prudential Life Insurance

Sales Manager Salary

(114 salaries)

₹3 L/yr - ₹10 L/yr

Branch Manager Salary

(50 salaries)

₹7.15 L/yr - ₹18 L/yr

Area Manager Salary

(50 salaries)

₹7 L/yr - ₹12 L/yr

Area Head Salary

(4 salaries)

₹9 L/yr - ₹12 L/yr

Branch Incharge Salary

(3 salaries)

₹3.35 L/yr - ₹4.11 L/yr

Sales Officer Salary

(3 salaries)

₹3.35 L/yr - ₹3.59 L/yr

Salary related reviews for ICICI Prudential Life Insurance

5.0

Rated by 1 employees for salary & benefits

Area Sales Manager in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 13 Jul 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...relieving & fnf settlement was comunicted verbaly for whch I had ask in writing. But it was asured dt recovery amt ll nt vary & latr thy givn recovery of gross salary which is high. When I not worked then also they added hra, supplementary allowance, statutory bonus in my recovery amt. Firstly If i have not taken any benfits with organization then recovery is not calculated and If the recovery calculated then it is always calculated on monthly basic salary.Rest all are additional benefits given to the employee. But then also ipru charged me recovery of 2month gross salary. As I have to get my reliveing letter so i had paid the recovery. But now I am writing the complaint as I was charged too. Pls help me out for it.

Salary - Bad

+6 more

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

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

Got a question about ICICI Prudential Life Insurance?

Ask anonymously on communities.

ICICI Prudential Life Insurance Branch Head Salary FAQs

What is the salary of Branch Head at ICICI Prudential Life Insurance in Mumbai?

The average salary of a Branch Head at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹11.6 Lakhs to ₹15.5 Lakhs per year, depending on experience (from 9 years to 18 years).

The top 10% of Branch Head in Mumbai at ICICI Prudential Life Insurance earn more than ₹15.5 Lakhs per year, and the top 1% earn over ₹15.5 Lakhs per year. Branch Head 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 Branch Head at ICICI Prudential Life Insurance in Mumbai?

The estimated take-home salary of a Branch Head at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹84,196 to ₹86,398 per month. This is based on the average salary range of ₹11.6 Lakhs to ₹15.5 Lakhs per year for employees with experience ranging from 9 years to 18 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 Branch Head in India?

Axis Bank	₹9.7 Lakhs to ₹26.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹13.0 Lakhs to ₹16.5 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 Branch Head in companies similar to ICICI Prudential Life Insurance in Mumbai?

The salary of a Branch Head 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:

HDFC Ergo General Insurance	₹8.6 Lakhs to ₹11.8 Lakhs per year
HDFC Life	₹6.5 Lakhs to ₹10.0 Lakhs per year
Reliance Nippon Life Insurance	₹8.5 Lakhs to ₹10.0 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 Branch Head at ICICI Prudential Life Insurance in Mumbai?

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

Experience	Average Salary Range
9 years	₹9.0 Lakhs to ₹11.6 Lakhs per year
10 years	₹9.4 Lakhs to ₹12.0 Lakhs per year
11 years	₹9.8 Lakhs to ₹12.5 Lakhs per year
12 years	₹4.5 Lakhs to ₹12.0 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
ICICI Prudential Life Insurance Salaries >
ICICI Prudential Life Insurance Branch Head Salaries >
ICICI Prudential Life Insurance Branch Head Salaries in Mumbai

ICICI Prudential Life Insurance Branch Head salary in Mumbai ranges between ₹11.6 Lakhs to ₹15.5 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.