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4.1

based on 6k Reviews

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ICICI Prudential Life Insurance Business Developer salaries in India

Annual salary range
2 - 3 years exp.
₹2.5 Lakhs - ₹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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30% less than the average Business Developer Salary in Insurance Companies for 2 - 3 years of experience

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Last Updated: 11 Mar 2023

Companies similar to ICICI Prudential Life Insurance for Business Developer

Company name Avg Annual Salary Open Jobs
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HDFC Life Business Developer Salary

0 - 2 years exp. (3 salaries)

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₹1.2 L/yr - ₹3 L/yr

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Max Life Insurance Business Developer Salary

5 - 13 years exp. (3 salaries)

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₹3.3 L/yr - ₹6.9 L/yr

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₹0.8 L/yr - ₹8 L/yr

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₹2.5 L/yr - ₹5.5 L/yr

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Ceasefire Industries Business Developer Salary

0 - 3 years exp. (111 salaries)

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₹3.1 L/yr - ₹5 L/yr

arrow icon 6% less
Business Developer salary at ICICI Prudential Life Insurance ranges between ₹2.5 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Business Developer

1y ago
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2 years exp.

Experience wise ICICI Prudential Life Insurance Business Developer salaries

Last Updated: 11 Mar 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹6.6 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

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₹3.1 L/yr - ₹4 L/yr
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₹2.25 L/yr - ₹5 L/yr
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₹2.3 L/yr - ₹9.5 L/yr
Branch Manager Salary
(235 salaries)
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₹6.25 L/yr - ₹18 L/yr
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₹3 L/yr - ₹4.7 L/yr
Sales Officer Salary
(46 salaries)
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₹1.8 L/yr - ₹4.34 L/yr
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₹2.4 L/yr - ₹6 L/yr
Sales Manager Salary
(988 salaries)
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₹2.4 L/yr - ₹10.55 L/yr
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₹13.35 L/yr - ₹31 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

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 28 Jul 2023

4.0
 for  Salary and Benefits

Likes

Job security is good , company culture is also good but it depends on senior, overall company is good can work for long time , HR policy are good , high job security, multiple option and departments for work , IJP ALLOWED

read more

Dislikes

Salary are poor, rating culture kills many many years for performer ..every year you have to get top rating and last top 2 rating are considered for promotion some time people are struggling for 4 to 5 year for promotion in mid management segment.

read 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

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

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 .

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Marketing & Communication Department

1.0
  •  posted on 26 Apr 2022

1.0
 for  Salary and Benefits

Likes

...sive word. Never Suggest anyone to work here, specially for sales job profile. Pros: salary on time and job security

read 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
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ICICI Prudential Life Insurance Business Developer Salary FAQs

What is the salary of Business Developer at ICICI Prudential Life Insurance?
Business Developer salary at ICICI Prudential Life Insurance in India ranges between ₹2.5 Lakhs to ₹5.0 Lakhs for experience between 2 years to 3 years. According to our estimates it is 30% less than the average Business Developer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of ICICI Prudential Life Insurance India.
How does the salary of a Business Developer at ICICI Prudential Life Insurance India compare with the average salary range for this job?
The average salary of a Business Developer at ICICI Prudential Life Insurance is 30% less than the average salary of a Business Developer in India. To know exact salary insights, login to view.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Business Developer in India?
  • Max Life Insurance Business Developer Salary - ₹3.3 Lakhs to ₹6.9 Lakhs per year
What is the salary of a Business Developer in companies similar to ICICI Prudential Life Insurance in India?
  • Ceasefire Industries Business Developer Salary - ₹3.1 Lakhs to ₹5.0 Lakhs per year
  • Reliance Nippon Life Insurance Business Developer Salary - ₹2.5 Lakhs to ₹5.5 Lakhs per year
  • Kotak Mahindara Life Insurance Business Developer Salary - ₹0.8 Lakhs to ₹8.0 Lakhs per year
  • HDFC Life Business Developer Salary - ₹1.2 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Business Developer at ICICI Prudential Life Insurance in India?
The estimated take-home salary of a Business Developer at ICICI Prudential Life Insurance ranges between ₹32,312 per month to ₹33,591 per month in India. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Business Developer salary in India which ranges between ₹2.5 Lakhs to ₹5.0 Lakhs per year for employees with experience between 2 years to 3 years. Check how did we calculate take home salary?
What is the notice period for Business Developer at ICICI Prudential Life Insurance?
According to AmbitionBox, 100% of the ICICI Prudential Life Insurance Business Developers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Prudential Life Insurance Business Developer salary in India ranges between ₹2.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.