ICICI Prudential Life Insurance Claims Executive Salaries by 4 Employees

1 - 5 years exp.

₹2.2 Lakhs - ₹4.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

21% more than the average Claims Executive Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Claims Executive Salary 1 - 2 years exp. (3 salaries)	₹2.2 L/yr - ₹3.1 L/yr
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Customer Success, Service & Operations Claims Executive Salary 5 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 27 Feb 2024

Companies similar to ICICI Prudential Life Insurance for Claims Executive

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Claims Executive Salary 2 - 7 years exp. (72 salaries)	₹2.2 L/yr - ₹4.6 L/yr 3% less
HDFC Ergo General Insurance Claims Executive Salary 0 - 5 years exp. (54 salaries)	₹1.8 L/yr - ₹5 L/yr 12% less
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SBI General Insurance Claims Executive Salary 0 - 7 years exp. (32 salaries)	₹2.6 L/yr - ₹4.5 L/yr 1% more
ICICI Lombard General Insurance Company Claims Executive Salary 0 - 9 years exp. (23 salaries)	₹2.7 L/yr - ₹6.5 L/yr 30% more
Tata AIA Life Insurance Claims Executive Salary 0 - 4 years exp. (5 salaries)	₹2.1 L/yr - ₹3.7 L/yr 14% less
Shriram Life Insurance Claims Executive Salary 0 - 2 years exp. (5 salaries)	₹1.8 L/yr - ₹2.9 L/yr 34% less
HDFC Life Claims Executive Salary 1 - 4 years exp. (5 salaries)	₹2.1 L/yr - ₹3.2 L/yr 19% less
Axis Max Life Insurance Claims Executive Salary 0 - 6 years exp. (4 salaries)	₹3.9 L/yr - ₹4 L/yr 17% more
PNB MetLife Claims Executive Salary 1 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹3 L/yr 20% less
Aditya Birla Insurance Brokers Claims Executive Salary 0 - 5 years exp. (4 salaries)	₹1.9 L/yr - ₹3.9 L/yr 15% less
Gallagher Claims Executive Salary 2 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹4 L/yr 3% less
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Aditya Birla Sun Life Insurance Claims Executive Salary 3 - 6 years exp. (3 salaries)	₹2.3 L/yr - ₹2.9 L/yr 26% less
Bajaj Allianz Life Insurance Claims Executive Salary 1 - 3 years exp. (3 salaries)	₹1.9 L/yr - ₹3.7 L/yr 17% less

Claims Executive salary at ICICI Prudential Life Insurance ranges between ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Claims Executive salaries

Last Updated: 27 Feb 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.1 L/yr
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.1 L/yr
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3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.5 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

Claims Specialist Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Claims Associate Salary

(7 salaries)

₹2.65 L/yr - ₹4.5 L/yr

Claim Processor Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Claim Processing Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Back Office Executive Salary

(32 salaries)

₹1 L/yr - ₹3.06 L/yr

Team Lead Salary

(21 salaries)

₹1.5 L/yr - ₹6.3 L/yr

Analyst Salary

(7 salaries)

₹3.57 L/yr - ₹13 L/yr

Senior Associate Salary

(303 salaries)

₹2.4 L/yr - ₹5.3 L/yr

Quality Analyst Salary

(5 salaries)

₹3.8 L/yr - ₹4.2 L/yr

Process Associate Salary

(10 salaries)

₹2.5 L/yr - ₹6 L/yr

Salary related reviews for ICICI Prudential Life Insurance

3.0

Rated by 1 employees for salary & benefits

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 10 Jan 2025

3.0

for Salary and Benefits

Likes

Salary package.

Dislikes

There is not have any work life balance, specially in group claims ,manager is not cooperative, for a single day sick leave also they asked like why did you inform previously.saturdays are working for partial employees.Hr &Sr Management is not supportive for employees they are at side of only managers.Promotion criteria is not basis of performance but on favourtism basis....hr will not assure that your conversation will be confidential & but each information gave to senior rather than to help out employees get more torture from manager.

Skill development - Bad

+5 more

Claims Specialist in Mumbai

Full Time

Consulting Department

3.0

• posted on 10 Oct 2021

2.0

for Salary and Benefits

Likes

If you work here automatically your skill set will increase due to work pressure. Management is good. HR policies are good

Skill development - Good

+2 more

Dislikes

... Life Balance. You will have to work on Saturdays and sometimes on Sundays also. According to workload compensation is low that's why you will feel less motivated to work.

Salary - Poor

+1 more

Team Lead in Indore

Engineering - Software & QA Department

5.0

• posted on 06 Sep 2019

5.0

for Salary and Benefits

Likes

I love the fact that i’m a part of a team that reliable l, high-quality products and has a global client base. As a result i get to interact with high profile people, celebrity and many more thinks to learn Another plus point is that my colleagues and Leadership Team is very much supportive & we work happily in collaboration.!!☺️

Salary - Excellent

+6 more

Dislikes

...gative wives so sometime we have to work more than shift timing but it’s okay becouse if we will spend more hours will get more salary.

Senior Financial Service Manager in Lucknow

Full Time

Sales & Business Development Department

5.0

• posted on 04 Mar 2025

5.0

for Salary and Benefits

Likes

The work-life balance here is good, and the salary and promotions are also rewarding. This makes ICICI Prudential Life the best company for us.

Salary - Excellent

+6 more

Dislikes

There is nothing that would make us say we dislike ICICI Prudential LIC LTD...

Financial Service Consultant in Salem

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Jan 2025

3.0

for Salary and Benefits

Likes

Icici prudential is basically good company .It gives good salary for freshers.

Dislikes

Company wise icici is very good. But salem branch is very worst for managers support There is a lots of politics.seniors not help for juniors especially ANAND (ARM) PSF channel is help to senior only. Anand give only 6month time for begineers .After 6 months They don't give a business he compale for the separation . HR wise no action for anand.

Skill development - Bad

+3 more

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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ICICI Prudential Life Insurance Claims Executive Salary FAQs

What is the salary of Claims Executive at ICICI Prudential Life Insurance ?

The average salary of a Claims Executive at ICICI Prudential Life Insurance in India typically ranges from ₹2.2 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Claims Executive at ICICI Prudential Life Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Claims Executive 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 4 ICICI Prudential Life Insurance employees in India.

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

The estimated take-home salary of a Claims Executive at ICICI Prudential Life Insurance in India typically ranges from ₹24,662 to ₹26,105 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year to 5 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 4 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 Claims Executive in India?

ICICI Lombard General Insurance Company	₹2.7 Lakhs to ₹6.5 Lakhs per year
Axis Max Life Insurance	₹3.9 Lakhs to ₹4.0 Lakhs per year
SBI General Insurance	₹2.6 Lakhs to ₹4.5 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.

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

The salary of a Claims Executive at companies similar to ICICI Prudential Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Gallagher	₹2.4 Lakhs to ₹4.0 Lakhs per year
Star Health & Allied Insurance	₹2.2 Lakhs to ₹4.6 Lakhs per year
HDFC Ergo General Insurance	₹1.8 Lakhs to ₹5.0 Lakhs per year
Tata AIA Life Insurance	₹2.1 Lakhs to ₹3.7 Lakhs per year
Aditya Birla Insurance Brokers	₹1.9 Lakhs to ₹3.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Claims Executive at ICICI Prudential Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹4.1 Lakhs per year
2 years	₹1.1 Lakhs to ₹3.1 Lakhs per year
3 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Claims Executive Salaries

ICICI Prudential Life Insurance Claims Executive salary in India ranges between ₹2.2 Lakhs to ₹4.5 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.