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ICICI Prudential Life Insurance Business Development Manager salaries in Pune (Updated 2025)

Annual salary range
0 - 10 years exp.
₹2.6 Lakhs - ₹5.6 Lakhs
Salary of majority employees
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40% less than the average Business Development Manager Salary in Insurance Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Business Development Manager Salary
3 - 10 years exp. (9 salaries)
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₹2.6 L/yr - ₹5.6 L/yr

Marketing & Communication
Business Development Manager Salary
0 - 7 years exp. (6 salaries)
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₹3.6 L/yr - ₹4.3 L/yr

Sales & Business Development
Business Development Manager Salary
1 - 6 years exp. (4 salaries)
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₹3.4 L/yr - ₹4.6 L/yr

Customer Success, Service & Operations
Business Development Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.5 L/yr

Last Updated: 10 Mar 2025

Companies similar to ICICI Prudential Life Insurance for Business Development Manager in Pune

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ICICI Prudential Life Insurance Business Development Manager Salary

0 - 10 years exp. (22 salaries)

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₹2.6 L/yr - ₹5.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Business Development Manager Salary

0 - 8 years exp. (103 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 9% less
15 job openings
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₹2 L/yr - ₹6 L/yr

arrow icon 14% more
5 job openings
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₹3.5 L/yr - ₹6 L/yr

arrow icon 2% more
4 job openings
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₹3 L/yr - ₹7 L/yr

arrow icon 1% more
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₹4 L/yr - ₹6.6 L/yr

arrow icon 33% more
2 job openings
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₹2.5 L/yr - ₹5.4 L/yr

arrow icon 6% less
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₹3.8 L/yr - ₹4.5 L/yr

At par
Business Development Manager salary at ICICI Prudential Life Insurance ranges between ₹2.6 Lakhs to ₹5.6 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 22 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Business Development Manager in Pune

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Experience wise ICICI Prudential Life Insurance Business Development Manager salaries in Pune

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.6 L/yr - ₹4 L/yr
1 year  (6 salaries)

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₹3.6 L/yr - ₹4.3 L/yr
2 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
3 years  (3 salaries)

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₹3.4 L/yr - ₹4.5 L/yr
4 years  (3 salaries)

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₹3.2 L/yr - ₹4.3 L/yr
View all

Similar Designation salaries in ICICI Prudential Life Insurance

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₹7 L/yr - ₹12 L/yr
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₹4.47 L/yr - ₹6 L/yr
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₹3.25 L/yr - ₹7 L/yr
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₹4 L/yr - ₹5 L/yr

Top skills at ICICI Prudential Life Insurance for Business Development Manager

Insurance Sales Business Development Agency Sales Business Development Management Problem Solving Sales Life Insurance Agency Leadership Skills Agency Management Insurance
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Salary related reviews for ICICI Prudential Life Insurance

5.0

Rated by 1 employees for salary & benefits

Agency Sales Department

3.0
  •  posted on 08 Aug 2020

4.0
 for  Salary and Benefits

Likes

Salary is ok, training is provided on the regular basis. Bonus and increaments are good.

read more
  • Salary - Good
  • +1 more

Dislikes

Internal politics in management and higher posts, superior treats like a dog. Very bad and abusive language is used on the bad days. Little to no patience is there in the upper management.

read more
  • Promotions - Poor
  • +1 more

Customer Success, Service & Operations Department

4.0
  •  posted on 20 Mar 2018

3.0
 for  Salary and Benefits

Likes

I have learned a lot about insurance. Good platform to learn as a fresher, staffs are very much helpful, good and safe work environment.

read more
  • Skill development - Excellent
  • +2 more

Dislikes

...tructure is very tough. Good rating in continuous 2 years is not that much easy. Starting salary structure is very bad, even some times lower than house keeping boys

read more

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
  • 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.

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
  • 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
see more salary related reviews

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ICICI Prudential Life Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at ICICI Prudential Life Insurance Pune?
Business Development Manager salary at ICICI Prudential Life Insurance in Pune ranges between ₹2.6 Lakhs to ₹5.6 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 40% less than the average Business Development Manager Salary in India. Salary estimates are based on 22 latest salaries received from various employees of ICICI Prudential Life Insurance Pune.
How does the salary of a Business Development Manager at ICICI Prudential Life Insurance Pune compare with the average salary range for this job?
The average salary of a Business Development Manager at ICICI Prudential Life Insurance is 40% less than the average salary of a Business Development Manager in Pune. To know exact salary insights, login to view.
What are the top skills required to work as a Business Development Manager at ICICI Prudential Life Insurance?
Insurance Sales, Business Development, Agency Sales, Business Development Management and Problem Solving are some of the popular skills required to work as a Business Development Manager at ICICI Prudential Life Insurance Pune.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Business Development Manager in Pune?
  • Kotak Mahindara Life Insurance Business Development Manager Salary - ₹4.0 Lakhs to ₹6.6 Lakhs per year
  • Axis Max Life Insurance Business Development Manager Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
  • Bajaj Allianz Life Insurance Business Development Manager Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year
  • Tata AIA Life Insurance Business Development Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Business Development Manager in companies similar to ICICI Prudential Life Insurance in Pune?
  • Aditya Birla Sun Life Insurance Business Development Manager Salary - ₹3.8 Lakhs to ₹4.5 Lakhs per year
  • ICICI Lombard General Insurance Company Business Development Manager Salary - ₹2.5 Lakhs to ₹5.4 Lakhs per year
  • HDFC Life Business Development Manager Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Business Development Manager at ICICI Prudential Life Insurance in Pune?
The estimated take-home salary of a Business Development Manager at ICICI Prudential Life Insurance ranges between ₹31,104 per month to ₹32,402 per month in Pune. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Business Development Manager salary in India which ranges between ₹2.6 Lakhs to ₹5.6 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?
What is the notice period for Business Development Manager at ICICI Prudential Life Insurance in Pune?
According to AmbitionBox, 90% of the ICICI Prudential Life Insurance Business Development Managers in Pune reported a notice period of 1 Month, 10% reported a notice period of 15 days or less.This is based on 10 responses on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Business Development Manager salary in Pune ranges between ₹2.6 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 22 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

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