ICICI Prudential Life Insurance Business Manager Salaries by 8 Employees (Updated 2025)

0 - 6 years exp.

₹3.1 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

66% less than the average Business Manager Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Sales & Business Development Business Manager Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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Marketing & Communication Business Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.9 L/yr

Last Updated: 13 Sep 2024

Companies similar to ICICI Prudential Life Insurance for Business Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Business Manager Salary 3 - 13 years exp. (10 salaries)	₹2.4 L/yr - ₹8.1 L/yr 20% more
SBI Life Insurance Company Business Manager Salary 5 - 16 years exp. (29 salaries)	₹4.4 L/yr - ₹8.5 L/yr 76% more
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Life Insurance Corporation of India Business Manager Salary 0 - 5 years exp. (5 salaries)	₹1 L/yr - ₹5.8 L/yr 32% less
Axis Max Life Insurance Business Manager Salary 4 - 10 years exp. (4 salaries)	₹3.1 L/yr - ₹6.4 L/yr 16% more
Kotak Mahindara Life Insurance Business Manager Salary 0 - 10 years exp. (4 salaries)	₹3.4 L/yr - ₹6.2 L/yr 31% more
Bajaj Allianz Life Insurance Business Manager Salary 7 - 13 years exp. (6 salaries)	₹4.5 L/yr - ₹6 L/yr 21% more
Tata AIA Life Insurance Business Manager Salary 4 - 17 years exp. (18 salaries)	₹6.5 L/yr - ₹10.6 L/yr 129% more
PNB MetLife Business Manager Salary 3 - 14 years exp. (7 salaries)	₹3.5 L/yr - ₹7.5 L/yr 52% more
Shriram Life Insurance Business Manager Salary 0 - 7 years exp. (59 salaries)	₹2.2 L/yr - ₹5 L/yr 2% more	1 job opening
ICICI Lombard General Insurance Company Business Manager Salary 3 - 14 years exp. (10 salaries)	₹2.3 L/yr - ₹10 L/yr 35% more
SBI General Insurance Business Manager Salary 6 - 14 years exp. (5 salaries)	₹4 L/yr - ₹15.1 L/yr 132% more
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Aditya Birla Sun Life Insurance Business Manager Salary 11 - 18 years exp. (5 salaries)	₹7.9 L/yr - ₹8.3 L/yr 110% more
HDFC Ergo General Insurance Business Manager Salary 1 - 5 years exp. (3 salaries)	₹3.9 L/yr - ₹15 L/yr 156% more

Business Manager salary at ICICI Prudential Life Insurance ranges between ₹3.1 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 8 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Business Manager salaries

Last Updated: 13 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹6.6 L/yr
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2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹6.6 L/yr
3 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹6.8 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.9 L/yr

View all

Similar Designation salaries in ICICI Prudential Life Insurance

Area Business Manager Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

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Store Manager Salary

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₹2.25 L/yr - ₹8 L/yr

Territory Manager Salary

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₹5.5 L/yr - ₹6.2 L/yr

Area Sales Manager Salary

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Marketing Manager Salary

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₹4.4 L/yr - ₹9 L/yr

Salary related reviews for ICICI Prudential Life Insurance

2.9

Rated by 4 employees for salary & benefits

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
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

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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ICICI Prudential Life Insurance Business Manager Salary FAQs

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

Business Manager salary at ICICI Prudential Life Insurance in India ranges between ₹3.1 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 66% less than the average Business Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of ICICI Prudential Life Insurance India.

How does the salary of a Business Manager at ICICI Prudential Life Insurance India compare with the average salary range for this job?

The average salary of a Business Manager at ICICI Prudential Life Insurance is 66% less than the average salary of a Business Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Prudential Life Insurance to a Business Manager in India?

HDFC Ergo General Insurance Business Manager Salary - ₹3.9 Lakhs to ₹15.0 Lakhs per year
SBI General Insurance Business Manager Salary - ₹4.0 Lakhs to ₹15.1 Lakhs per year
Tata AIA Life Insurance Business Manager Salary - ₹6.5 Lakhs to ₹10.6 Lakhs per year
Aditya Birla Sun Life Insurance Business Manager Salary - ₹7.9 Lakhs to ₹8.3 Lakhs per year
SBI Life Insurance Company Business Manager Salary - ₹4.4 Lakhs to ₹8.5 Lakhs per year

What is the salary of a Business Manager in companies similar to ICICI Prudential Life Insurance in India?

PNB MetLife Business Manager Salary - ₹3.5 Lakhs to ₹7.5 Lakhs per year
ICICI Lombard General Insurance Company Business Manager Salary - ₹2.3 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindara Life Insurance Business Manager Salary - ₹3.4 Lakhs to ₹6.2 Lakhs per year
Bajaj Allianz Life Insurance Business Manager Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
HDFC Life Business Manager Salary - ₹2.4 Lakhs to ₹8.1 Lakhs per year

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

The estimated take-home salary of a Business Manager at ICICI Prudential Life Insurance ranges between ₹27,665 per month to ₹29,063 per month in India. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Business Manager salary in India which ranges between ₹3.1 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Business Manager at ICICI Prudential Life Insurance?

According to AmbitionBox, 100% of the ICICI Prudential Life Insurance Business Managers reported a notice period of 15 days or less.This is based on 7 responses on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Business Manager Salaries

ICICI Prudential Life Insurance Business Manager salary in India ranges between ₹3.1 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.