ICICI Prudential Life Insurance Cluster Manager Salaries by 30+ Employees (Updated 2025)

5 - 18 years exp.

₹6.1 Lakhs - ₹14 Lakhs

Salary of majority employees

At par with the average Cluster Manager Salary in Insurance Companies for 5 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 6 - 16 years exp. (11 salaries)	₹6.5 L/yr - ₹14 L/yr
Sales & Business Development Cluster Manager Salary 8 - 18 years exp. (9 salaries)	₹7 L/yr - ₹13.5 L/yr
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Customer Success, Service & Operations Cluster Manager Salary 8 - 18 years exp. (6 salaries)	₹7.8 L/yr - ₹10.6 L/yr

Last Updated: 13 Feb 2025

Companies similar to ICICI Prudential Life Insurance for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Cluster Manager Salary 5 - 16 years exp. (288 salaries)	₹5.7 L/yr - ₹12.7 L/yr 2% less
SBI Life Insurance Company Cluster Manager Salary 2 - 9 years exp. (5 salaries)	₹3.5 L/yr - ₹5.3 L/yr 53% less
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Max Life Insurance Cluster Manager Salary 6 - 15 years exp. (186 salaries)	₹4.8 L/yr - ₹14 L/yr 9% more	1 job opening
Kotak Mahindara Life Insurance Cluster Manager Salary 6 - 16 years exp. (34 salaries)	₹5 L/yr - ₹14.6 L/yr 11% less
Bajaj Allianz Life Insurance Cluster Manager Salary 5 - 17 years exp. (96 salaries)	₹4.2 L/yr - ₹14.3 L/yr 8% less
Tata AIA Life Insurance Cluster Manager Salary 6 - 16 years exp. (42 salaries)	₹4.1 L/yr - ₹17.1 L/yr 10% more	7 job openings
Reliance Nippon Life Insurance Cluster Manager Salary 7 - 22 years exp. (40 salaries)	₹5 L/yr - ₹16 L/yr At par
Aviva Life Insurance India Cluster Manager Salary 15 - 22 years exp. (4 salaries)	₹12.4 L/yr - ₹16 L/yr 71% more
PNB MetLife Cluster Manager Salary 5 - 23 years exp. (37 salaries)	₹4.9 L/yr - ₹17 L/yr 31% more
Aditya Birla Sun Life Insurance Cluster Manager Salary 1 - 13 years exp. (216 salaries)	₹5.2 L/yr - ₹13.2 L/yr At par
Star Health & Allied Insurance Cluster Manager Salary 5 - 13 years exp. (72 salaries)	₹3.7 L/yr - ₹8 L/yr 33% less
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Shriram Life Insurance Cluster Manager Salary 8 - 18 years exp. (21 salaries)	₹3.8 L/yr - ₹6.5 L/yr 45% less
HDFC Ergo General Insurance Cluster Manager Salary 7 - 16 years exp. (21 salaries)	₹4.1 L/yr - ₹13.5 L/yr 10% more
ICICI Lombard General Insurance Company Cluster Manager Salary 1 - 12 years exp. (16 salaries)	₹3.8 L/yr - ₹11 L/yr 14% less
Kotak Mahindra General Insurance Cluster Manager Salary 7 - 11 years exp. (4 salaries)	₹5.3 L/yr - ₹7.7 L/yr 33% less

Cluster Manager salary at ICICI Prudential Life Insurance ranges between ₹6.1 Lakhs to ₹14 Lakhs per year for employees with experience between 5 years to 18 years. Salary estimates are based on 30 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Cluster Manager salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹10 L/yr
6 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹15.2 L/yr
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7 years (AmbitionBox Estimate)	₹7 L/yr - ₹15.4 L/yr
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹15.7 L/yr
9 years (AmbitionBox Estimate)	₹7 L/yr - ₹15.9 L/yr
10 years (3 salaries)	₹6.1 L/yr - ₹10.5 L/yr
11 years (3 salaries)	₹6.5 L/yr - ₹12.5 L/yr
12 years (5 salaries)	₹6.5 L/yr - ₹14 L/yr
13 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹11 L/yr
14 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹11.5 L/yr
15+ years (10 salaries)	₹6.8 L/yr - ₹13 L/yr

View all

From

Cluster Manager

5 - 18 years exp.

Regional Manager

₹

Lakhs/yr

16 - 22 years exp.

From

Cluster Manager

5 - 18 years exp.

Senior Manager

0 - 9 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Salary related reviews for ICICI Prudential Life Insurance

2.4

Rated by 8 employees for salary & benefits

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

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

Sales Manager in Kolkata

BFSI, Investments & Trading Department

5.0

• posted on 15 Jul 2021

5.0

for Salary and Benefits

Likes

Digital process , Good work environment and culture, teammates are supportive and the management is transparent.

Salary - Excellent

+6 more

Dislikes

Low salary compare to others company in same industry,now a days there is a lot of politics

Relationship Manager in Mumbai

Marketing & Communication Department

1.0

• posted on 26 Mar 2021

2.0

for Salary and Benefits

Likes

- Allowances are good. - Salary comes on time.

Job security - Good

Dislikes

There is absolutely no work life balance here. The boss / super boss everyone speaks in a very demotivating and degrading tone. It is very abusive and toxic. Unrealistic expectations and extremely abusive culture

Salary - Poor

+4 more

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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ICICI Prudential Life Insurance Cluster Manager Salary FAQs

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

Cluster Manager salary at ICICI Prudential Life Insurance in India ranges between ₹6.1 Lakhs to ₹14.0 Lakhs for experience between 5 years to 18 years. According to our estimates it is 1% less than the average Cluster Manager Salary in India. Salary estimates are based on 30 latest salaries received from various employees of ICICI Prudential Life Insurance India.

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

The average salary of a Cluster Manager at ICICI Prudential Life Insurance is 1% less than the average salary of a Cluster Manager in India. To know exact salary insights, login to view.

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

Aviva Life Insurance India Cluster Manager Salary - ₹12.4 Lakhs to ₹16.0 Lakhs per year
PNB MetLife Cluster Manager Salary - ₹4.9 Lakhs to ₹17.0 Lakhs per year
Tata AIA Life Insurance Cluster Manager Salary - ₹4.1 Lakhs to ₹17.1 Lakhs per year
HDFC Ergo General Insurance Cluster Manager Salary - ₹4.1 Lakhs to ₹13.5 Lakhs per year
Max Life Insurance Cluster Manager Salary - ₹4.8 Lakhs to ₹14.0 Lakhs per year

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

Aditya Birla Sun Life Insurance Cluster Manager Salary - ₹5.2 Lakhs to ₹13.2 Lakhs per year
Reliance Nippon Life Insurance Cluster Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
HDFC Life Cluster Manager Salary - ₹5.7 Lakhs to ₹12.7 Lakhs per year
Bajaj Allianz Life Insurance Cluster Manager Salary - ₹4.2 Lakhs to ₹14.3 Lakhs per year
Kotak Mahindara Life Insurance Cluster Manager Salary - ₹5.0 Lakhs to ₹14.6 Lakhs per year

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

The estimated take-home salary of a Cluster Manager at ICICI Prudential Life Insurance ranges between ₹66,322 per month to ₹68,018 per month in India. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Cluster Manager salary in India which ranges between ₹6.1 Lakhs to ₹14.0 Lakhs per year for employees with experience between 5 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 55% of the ICICI Prudential Life Insurance Cluster Managers reported a notice period of 2 Months, 40% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Cluster Manager Salaries

ICICI Prudential Life Insurance Cluster Manager salary in India ranges between ₹6.1 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.