ICICI Prudential Life Insurance Branch Relationship Manager Salaries by 30+ Employees

0 - 6 years exp.

₹2.3 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

33% less than the average Branch Relationship Manager Salary in Insurance Companies for 0 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Branch Relationship Manager Salary 0 - 5 years exp. (16 salaries)	₹2.3 L/yr - ₹5.9 L/yr
BFSI, Investments & Trading Branch Relationship Manager Salary 2 - 6 years exp. (6 salaries)	₹2.3 L/yr - ₹5.5 L/yr
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Finance & Accounting Branch Relationship Manager Salary 2 - 6 years exp. (4 salaries)	₹2.7 L/yr - ₹6 L/yr
Customer Success, Service & Operations Branch Relationship Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.7 L/yr
Marketing & Communication Branch Relationship Manager Salary 6 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.4 L/yr

Last Updated: 24 May 2024

Companies similar to ICICI Prudential Life Insurance for Branch Relationship Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra General Insurance Branch Relationship Manager Salary 1 - 8 years exp. (54 salaries)	₹3 L/yr - ₹4.7 L/yr 10% more	2 job openings
Axis Max Life Insurance Branch Relationship Manager Salary 7 - 15 years exp. (51 salaries)	₹6 L/yr - ₹12.5 L/yr 182% more	2 job openings
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Reliance Nippon Life Insurance Branch Relationship Manager Salary 4 - 9 years exp. (21 salaries)	₹3.9 L/yr - ₹5 L/yr 24% more
Aditya Birla Sun Life Insurance Branch Relationship Manager Salary 0 - 5 years exp. (10 salaries)	₹2.5 L/yr - ₹3.5 L/yr 7% less
SBI General Insurance Branch Relationship Manager Salary 3 - 7 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 17% less
SBI Life Insurance Company Branch Relationship Manager Salary 3 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹5 L/yr 26% more
Kotak Mahindara Life Insurance Branch Relationship Manager Salary 1 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹3.8 L/yr 16% less
Tata AIA Life Insurance Branch Relationship Manager Salary 3 - 14 years exp. (3 salaries)	₹5.2 L/yr - ₹10.3 L/yr 103% more
ICICI Lombard General Insurance Company Branch Relationship Manager Salary 1 - 18 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr 55% more
HDFC Ergo General Insurance Branch Relationship Manager Salary 5 - 10 years exp. (3 salaries)	₹2.5 L/yr - ₹4.6 L/yr 7% less

Branch Relationship Manager salary at ICICI Prudential Life Insurance ranges between ₹2.3 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 37 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Branch Relationship Manager

9mo ago

₹3 Lakhs

3 years exp.

9mo ago

₹3.9 Lakhs

4 years exp.

9mo ago

₹5 Lakhs

6 years exp.

1y ago

₹5 Lakhs

5 years exp.

1y ago

₹3 Lakhs

5 months exp.

1y ago

6 years exp.

1y ago

2 years exp.

1y ago

1 year exp.

1y ago

6 months exp.

1y ago

1 year exp.

Experience wise ICICI Prudential Life Insurance Branch Relationship Manager salaries

Last Updated: 24 May 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.6 L/yr - ₹3 L/yr
1 year (5 salaries)	₹2.3 L/yr - ₹4 L/yr
Login to view exact salary
2 years (5 salaries)	₹2.3 L/yr - ₹5.8 L/yr
3 years (8 salaries)	₹2.3 L/yr - ₹5.5 L/yr
4 years (10 salaries)	₹3 L/yr - ₹5.9 L/yr
5 years (4 salaries)	₹1.5 L/yr - ₹5.9 L/yr
6 years (3 salaries)	₹3.4 L/yr - ₹6 L/yr

View all

Similar Designation salaries in ICICI Prudential Life Insurance

Senior Relationship Manager Salary

(43 salaries)

₹2.9 L/yr - ₹6.5 L/yr

Relationship Manager Salary

(336 salaries)

₹1.9 L/yr - ₹7 L/yr

Branch Sales Manager Salary

(9 salaries)

₹4.75 L/yr - ₹11.75 L/yr

Relationship Officer Salary

(5 salaries)

₹2.25 L/yr - ₹4.3 L/yr

Branch Manager Salary

(422 salaries)

₹6.5 L/yr - ₹18.75 L/yr

Senior Branch Manager Salary

(29 salaries)

₹10 L/yr - ₹16 L/yr

Area Sales Manager Salary

(133 salaries)

₹4.74 L/yr - ₹16.2 L/yr

Senior Sales Manager Salary

(33 salaries)

₹3.25 L/yr - ₹8.1 L/yr

Area Manager Salary

(376 salaries)

₹5.8 L/yr - ₹13.2 L/yr

Business Development Manager Salary

(135 salaries)

₹2.25 L/yr - ₹5 L/yr

Salary related reviews for ICICI Prudential Life Insurance

4.0

Rated by 10 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

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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

Option 1

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ICICI Prudential Life Insurance Branch Relationship Manager Salary FAQs

What is the salary of Branch Relationship Manager at ICICI Prudential Life Insurance ?

The average salary of a Branch Relationship Manager at ICICI Prudential Life Insurance in India typically ranges from ₹2.3 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Branch Relationship Manager at ICICI Prudential Life Insurance earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Branch Relationship 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 30+ ICICI Prudential Life Insurance employees in India.

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

The estimated take-home salary of a Branch Relationship Manager at ICICI Prudential Life Insurance in India typically ranges from ₹25,089 to ₹26,527 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 6 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 30+ 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 Relationship Manager in India?

Axis Max Life Insurance	₹6.0 Lakhs to ₹12.5 Lakhs per year
Tata AIA Life Insurance	₹5.2 Lakhs to ₹10.3 Lakhs per year
ICICI Lombard General Insurance Company	₹5.0 Lakhs to ₹6.0 Lakhs per year
SBI Life Insurance Company	₹3.5 Lakhs to ₹5.0 Lakhs per year
Reliance Nippon Life Insurance	₹3.9 Lakhs to ₹5.0 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 Relationship Manager in companies similar to ICICI Prudential Life Insurance in India?

The salary of a Branch Relationship 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:

Kotak Mahindra General Insurance	₹3.0 Lakhs to ₹4.7 Lakhs per year
HDFC Ergo General Insurance	₹2.5 Lakhs to ₹4.6 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.5 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindara Life Insurance	₹2.2 Lakhs to ₹3.8 Lakhs per year
SBI General Insurance	₹2.0 Lakhs to ₹3.5 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 Branch Relationship Manager at ICICI Prudential Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹2.6 Lakhs to ₹3.0 Lakhs per year
1 year	₹2.3 Lakhs to ₹4.0 Lakhs per year
2 years	₹2.3 Lakhs to ₹5.8 Lakhs per year
3 years	₹2.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Branch Relationship Manager Salaries by Location

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ICICI Prudential Life Insurance Branch Relationship Manager Salaries

ICICI Prudential Life Insurance Branch Relationship Manager salary in India ranges between ₹2.3 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 37 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

ICICI Prudential Life Insurance Branch Relationship Manager salaries in India

Companies similar to ICICI Prudential Life Insurance for Branch Relationship Manager

Latest annual salaries shared by ICICI Prudential Life Insurance Branch Relationship Manager

Experience wise ICICI Prudential Life Insurance Branch Relationship Manager salaries

Similar Designation salaries in ICICI Prudential Life Insurance

Salary related reviews for ICICI Prudential Life Insurance

Area Sales Manager in Indore

Sales Manager in Hyderabad / Secunderabad

Relationship Manager in Saharsa

Sales Manager in Kolkata

Relationship Manager in Mumbai

ICICI Prudential Life Insurance Branch Relationship Manager Salary FAQs

Tell us how to improve this page.

ICICI Prudential Life Insurance Branch Relationship Manager Salaries by Location