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ICICI Prudential Life Insurance Branch Manager salaries in India

Annual salary range
3 - 18 years exp.
₹6.5 Lakhs - ₹18 Lakhs
Salary of majority employees
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36% more than the average Branch Manager Salary in Insurance Companies for 3 - 18 years of experience

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Salaries in different departments

Sales & Business Development
Branch Manager Salary
3 - 18 years exp. (155 salaries)
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₹6.5 L/yr - ₹17 L/yr

BFSI, Investments & Trading
Branch Manager Salary
3 - 17 years exp. (115 salaries)
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₹6.2 L/yr - ₹16.5 L/yr

Marketing & Communication
Branch Manager Salary
3 - 16 years exp. (16 salaries)
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₹7.5 L/yr - ₹17 L/yr

Customer Success, Service & Operations
Branch Manager Salary
5 - 16 years exp. (14 salaries)
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₹4.5 L/yr - ₹15.4 L/yr

Finance & Accounting
Branch Manager Salary
4 - 12 years exp. (AmbitionBox Estimate)
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₹13.2 L/yr - ₹16 L/yr

Last Updated: 24 Jan 2025

Companies similar to ICICI Prudential Life Insurance for Branch Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Branch Manager Salary

6 - 17 years exp. (278 salaries)

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₹5.3 L/yr - ₹12.5 L/yr

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SBI Life Insurance Company Branch Manager Salary

7 - 24 years exp. (169 salaries)

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₹6.5 L/yr - ₹15.7 L/yr

arrow icon 15% less
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Max Life Insurance Branch Manager Salary

8 - 19 years exp. (142 salaries)

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₹7 L/yr - ₹14 L/yr

arrow icon 17% less
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₹4.5 L/yr - ₹12.3 L/yr

arrow icon 31% less
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₹4.5 L/yr - ₹13.5 L/yr

arrow icon 32% less
1 job opening
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Tata AIA Life Insurance Branch Manager Salary

8 - 20 years exp. (168 salaries)

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₹5 L/yr - ₹16.2 L/yr

arrow icon 4% less
26 job openings
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₹3.8 L/yr - ₹10 L/yr

arrow icon 39% less
1 job opening
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₹7 L/yr - ₹15 L/yr

arrow icon 20% less
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PNB MetLife Branch Manager Salary

8 - 20 years exp. (46 salaries)

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₹6.6 L/yr - ₹12.8 L/yr

arrow icon 22% less
2 job openings
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₹4 L/yr - ₹11.7 L/yr

arrow icon 38% less
1 job opening
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₹4.5 L/yr - ₹13 L/yr

arrow icon 28% less
6 job openings
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₹4.7 L/yr - ₹14.5 L/yr

arrow icon 27% less
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Care Health Insurance Branch Manager Salary

5 - 17 years exp. (149 salaries)

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₹4 L/yr - ₹8.1 L/yr

arrow icon 54% less
1 job opening
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₹4.5 L/yr - ₹13.2 L/yr

arrow icon 28% less
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Shriram Life Insurance Branch Manager Salary

5 - 14 years exp. (72 salaries)

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₹2.2 L/yr - ₹8.5 L/yr

arrow icon 56% less
2 job openings
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₹12.3 L/yr - ₹28 L/yr

arrow icon 26% more
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₹10 L/yr - ₹18.5 L/yr

arrow icon 27% more
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SBI General Insurance Branch Manager Salary

7 - 12 years exp. (7 salaries)

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₹6.5 L/yr - ₹10.5 L/yr

arrow icon 36% less
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₹9 L/yr - ₹20 L/yr

arrow icon 25% more
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₹6.5 L/yr - ₹8.3 L/yr

arrow icon 42% less
View all
Branch Manager salary at ICICI Prudential Life Insurance ranges between ₹6.5 Lakhs to ₹18 Lakhs per year for employees with experience between 3 years to 18 years. Salary estimates are based on 376 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Branch Manager

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Experience wise ICICI Prudential Life Insurance Branch Manager salaries

Last Updated: 24 Jan 2025

Experience Avg Annual Salary
3 years  (23 salaries)

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₹10 L/yr - ₹16 L/yr
4 years  (22 salaries)

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₹7.3 L/yr - ₹17 L/yr
5 years  (26 salaries)

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₹7.9 L/yr - ₹17 L/yr
6 years  (13 salaries)

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₹7.5 L/yr - ₹16.8 L/yr
7 years  (12 salaries)

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₹7.3 L/yr - ₹18 L/yr
View all

Similar Designation salaries in ICICI Prudential Life Insurance

Area Manager Salary
(375 salaries)
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₹5.8 L/yr - ₹13.1 L/yr
Credit Manager Salary
(3 salaries)
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₹2.6 L/yr - ₹8 L/yr
Sales Manager Salary
(976 salaries)
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₹2.5 L/yr - ₹10.55 L/yr
Branch Incharge Salary
(21 salaries)
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₹3 L/yr - ₹6 L/yr
Branch Head Salary
(43 salaries)
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₹5.6 L/yr - ₹15.5 L/yr
Deputy Manager Salary
(48 salaries)
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₹2.25 L/yr - ₹8 L/yr
Chief Manager Salary
(70 salaries)
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₹14.5 L/yr - ₹40 L/yr
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₹4.75 L/yr - ₹11.75 L/yr
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₹10 L/yr - ₹16 L/yr
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₹2.85 L/yr - ₹6 L/yr

Top skills at ICICI Prudential Life Insurance for Branch Manager

Life Insurance Business Development Sales Branch Handling agency Branch Management Agency Management agency development Agent Recruitment Agency Channel Tied Channel New Business Development Key Account Management Interpersonal Skills Distribution

Salary related reviews for ICICI Prudential Life Insurance

4.2

Rated by 112 employees for salary & benefits

Sales & Business Development Department

5.0
  •  posted on 19 Aug 2018

2.0
 for  Salary and Benefits

Likes

I would like to take privilage in thanking ICICI Prudential, my bosses and team for the person who I'm today. From a Sales person to marketing person the journey was little tough but it's still a memorable ride which gave lot of opportunity to test my creativity. It believed in my potential and added a bigger responsibility to my shoulder which gave additional power to carry it to next level. It was a day to be remembered. We made a gold mine which is glorifying now.

read more
  • Skill development - Excellent
    +5 more

Dislikes

Salary and Level split. It took me 2 years for reaching to this position but it will take still 8 more years in Ipru for reaching the Level where a normal IIM cat college person is hired and paid. People with passion and potential equal to IIMs are recoganized for the smart work and hard work and extracted work more than what an IIM does but failed to provide a proper pay. HR policy and management need to take a look at it. Instead of placing 3 SMs they can pay 2 SMs or 1 SM who is working well and good - who will take added responsibility and work but they fail to understand this common logic and keep cost cutting with own employees, they know they will get people for less wage - so instead of paying 2 person, they can pay 10 persons. Still old managers following old strategies and not lending ears to follow new strategies. SUPER BOSSES are cool - they mindshare is what required all people at mid level management who came to the position only because of staying in same company for 13 years needs to be eliminated and AVP level people should bring in young and dynamic persons as managers to work under them into play.

read more
  • Salary - Poor

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 21 Aug 2024

1.0
 for  Salary and Benefits

Likes

Company develop people by learning and valuable skills. Customer first, best product's with features.

  • Skill development - Good
    +1 more

Dislikes

... 18 years of my life to the company , doesn’t recognise handwork and commitment.New hires from outside the company are brought in at higher salary's. That kind of thing unvalued and disheartened.

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  • Salary - Bad
    +3 more

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.

read more
  • Salary - Bad
    +6 more

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 .

read more
  • Promotions - Poor
    +1 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
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ICICI Prudential Life Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at ICICI Prudential Life Insurance?
Branch Manager salary at ICICI Prudential Life Insurance in India ranges between ₹6.5 Lakhs to ₹18.0 Lakhs for experience between 3 years to 18 years. According to our estimates it is 36% more than the average Branch Manager Salary in India. Salary estimates are based on 376 latest salaries received from various employees of ICICI Prudential Life Insurance India.
How does the salary of a Branch Manager at ICICI Prudential Life Insurance India compare with the average salary range for this job?
The average salary of a Branch Manager at ICICI Prudential Life Insurance is 36% more than the average salary of a Branch Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Manager at ICICI Prudential Life Insurance?
Life Insurance, Business Development, Sales, Branch Handling and agency are some of the popular skills required to work as a Branch Manager at ICICI Prudential Life Insurance India.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Branch Manager in India?
  • The New India Assurance Co. Branch Manager Salary - ₹10.0 Lakhs to ₹18.5 Lakhs per year
  • Life Insurance Corporation of India Branch Manager Salary - ₹12.3 Lakhs to ₹28.0 Lakhs per year
  • United India Insurance Company Branch Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
  • The Oriental Insurance Co. Branch Manager Salary - ₹11.2 Lakhs to ₹12.9 Lakhs per year
What is the salary of a Branch Manager in companies similar to ICICI Prudential Life Insurance in India?
  • Tata AIA Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹16.2 Lakhs per year
  • SBI Life Insurance Company Branch Manager Salary - ₹6.5 Lakhs to ₹15.7 Lakhs per year
  • Max Life Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
  • Aviva Life Insurance India Branch Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
  • PNB MetLife Branch Manager Salary - ₹6.6 Lakhs to ₹12.8 Lakhs per year
What is the estimated take home salary of a Branch Manager at ICICI Prudential Life Insurance in India?
The estimated take-home salary of a Branch Manager at ICICI Prudential Life Insurance ranges between ₹87,944 per month to ₹90,251 per month in India. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Branch Manager salary in India which ranges between ₹6.5 Lakhs to ₹18.0 Lakhs per year for employees with experience between 3 years to 18 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at ICICI Prudential Life Insurance?
According to AmbitionBox, 47% of the ICICI Prudential Life Insurance Branch Managers reported a notice period of 2 Months, 41% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 344 responses on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Branch Manager salary in India ranges between ₹6.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 376 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.