ICICI Prudential Life Insurance Business Developer Salaries by 4 Employees (Updated 2025)

2 - 3 years exp.

₹2.5 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

31% 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
HDFC Life Business Developer Salary 0 - 2 years exp. (3 salaries)	₹1.2 L/yr - ₹3 L/yr 54% less
Max Life Insurance Business Developer Salary 5 - 13 years exp. (3 salaries)	₹3.3 L/yr - ₹6.9 L/yr 12% more
Login to view exact salary
Kotak Mahindara Life Insurance Business Developer Salary 0 - 6 years exp. (3 salaries)	₹0.8 L/yr - ₹8 L/yr 9% less
Reliance Nippon Life Insurance Business Developer Salary 2 - 7 years exp. (3 salaries)	₹2.5 L/yr - ₹5.5 L/yr 8% less
Ceasefire Industries Business Developer Salary 0 - 3 years exp. (111 salaries)	₹3.1 L/yr - ₹5 L/yr 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.

Experience wise ICICI Prudential Life Insurance Business Developer salaries

Last Updated: 11 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹5 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.6 L/yr

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Salary related reviews for ICICI Prudential Life Insurance

Regional Manager in Kolkata

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

Salary - Good

+6 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.

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

Business Development Executive in Bangalore / Bengaluru

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

Job security - Good

Dislikes

Salary - Bad

+4 more
Skill development - Bad

+4 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

see more salary related reviews

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What people are saying about ICICI Prudential Life Insurance

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a sales manager

Career Advice Needed: Transition from BFSI to Zomato as Area Manager

Hi everyone, I am currently working as a Sales Manager in a leading BFSI company, and I am planning to switch to Zomato as an Area Manager. I want to know if this would be a good career move or if I should explore other opportunities. I am a bit concerned as Zomato's rating on AmbitionBox is 3.8. Please suggest whether I should join or look for better options. Your advice would be greatly appreciated!

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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 31% 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 31% 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.

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ICICI Prudential Life Insurance Business Developer Salaries

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