ICICI Prudential Life Insurance Branch Unit Manager Salaries by 6 Employees

0 - 4 years exp.

₹1.7 Lakh - ₹3.3 Lakhs

Low Confidence

Salary of majority employees

54% less than the average Branch Unit Manager Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

Sales & Business Development Branch Unit Manager Salary Fresher (AmbitionBox Estimate)	₹1.7 L/yr - ₹2 L/yr
BFSI, Investments & Trading Branch Unit Manager Salary 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
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Customer Success, Service & Operations Branch Unit Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr
Marketing & Communication Branch Unit Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.6 L/yr

Last Updated: 17 Jan 2024

Companies similar to ICICI Prudential Life Insurance for Branch Unit Manager

Company name	Avg Annual Salary	Open Jobs
Bandhan Bank Branch Unit Manager Salary 2 - 10 years exp. (15 salaries)	₹2.4 L/yr - ₹4.5 L/yr 41% more
Edelweiss Life Insurance Branch Unit Manager Salary 5 - 13 years exp. (5 salaries)	₹7 L/yr - ₹8 L/yr 169% more
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ESAF Small Finance Bank Branch Unit Manager Salary 0 - 7 years exp. (4 salaries)	₹2.4 L/yr - ₹3.3 L/yr 10% more
Indian School Finance Company Branch Unit Manager Salary 6 - 12 years exp. (4 salaries)	₹3.5 L/yr - ₹8.5 L/yr 120% more
Opulentus Overseas Careers Branch Unit Manager Salary 6 - 12 years exp. (3 salaries)	₹1 L/yr - ₹7.1 L/yr 60% more

Branch Unit Manager salary at ICICI Prudential Life Insurance ranges between ₹1.7 Lakh to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 6 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Branch Unit Manager salaries

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

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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

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ICICI Prudential Life Insurance Branch Unit Manager Salary FAQs

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

The average salary of a Branch Unit Manager at ICICI Prudential Life Insurance in India typically ranges from ₹1.7 Lakhs to ₹3.3 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Branch Unit Manager at ICICI Prudential Life Insurance earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Branch Unit 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 6 ICICI Prudential Life Insurance employees in India.

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

The estimated take-home salary of a Branch Unit Manager at ICICI Prudential Life Insurance in India typically ranges from ₹18,371 to ₹20,058 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from Fresher 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 6 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 Unit Manager in India?

Edelweiss Life Insurance	₹7.0 Lakhs to ₹8.0 Lakhs per year
Indian School Finance Company	₹3.5 Lakhs to ₹8.5 Lakhs per year
Opulentus Overseas Careers	₹1.0 Lakhs to ₹7.1 Lakhs per year
Bandhan Bank	₹2.4 Lakhs to ₹4.5 Lakhs per year
ESAF Small Finance Bank	₹2.4 Lakhs to ₹3.3 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.

How the salary growth look like for a Branch Unit Manager at ICICI Prudential Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹1.7 Lakhs to ₹2.2 Lakhs per year
1 year	₹2.0 Lakhs to ₹2.6 Lakhs per year
2 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.4 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Branch Unit Manager Salaries

ICICI Prudential Life Insurance Branch Unit Manager salary in India ranges between ₹1.7 Lakh to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.