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

5 - 19 years exp.

₹6.1 Lakhs - ₹13.6 Lakhs

Salary of majority employees

At par with the average Cluster Manager Salary in Insurance Companies for 5 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 6 - 19 years exp. (13 salaries)	₹6.5 L/yr - ₹17 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 - 19 years exp. (7 salaries)	₹6.1 L/yr - ₹10.6 L/yr

Last Updated: 21 Mar 2025

Companies similar to ICICI Prudential Life Insurance for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Cluster Manager Salary 5 - 17 years exp. (283 salaries)	₹5 L/yr - ₹12 L/yr 2% more	1 job opening
Aditya Birla Sun Life Insurance Cluster Manager Salary 1 - 14 years exp. (232 salaries)	₹5.2 L/yr - ₹14 L/yr 5% more
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Axis Max Life Insurance Cluster Manager Salary 6 - 15 years exp. (210 salaries)	₹5.5 L/yr - ₹14.9 L/yr 16% more	1 job opening
Bajaj Allianz Life Insurance Cluster Manager Salary 5 - 17 years exp. (98 salaries)	₹4.2 L/yr - ₹14.3 L/yr 2% less	1 job opening
Star Health & Allied Insurance Cluster Manager Salary 5 - 13 years exp. (80 salaries)	₹3.7 L/yr - ₹10 L/yr 27% less
Tata AIA Life Insurance Cluster Manager Salary 6 - 19 years exp. (49 salaries)	₹4.5 L/yr - ₹18.6 L/yr 23% more	3 job openings
Reliance Nippon Life Insurance Cluster Manager Salary 7 - 22 years exp. (40 salaries)	₹5 L/yr - ₹16 L/yr 2% more
PNB MetLife Cluster Manager Salary 5 - 23 years exp. (39 salaries)	₹4.9 L/yr - ₹17 L/yr 34% more
SBI General Insurance Cluster Manager Salary 6 - 18 years exp. (37 salaries)	₹7 L/yr - ₹15.3 L/yr 1% more
Kotak Mahindara Life Insurance Cluster Manager Salary 6 - 16 years exp. (34 salaries)	₹5 L/yr - ₹15 L/yr 6% less
Shriram Life Insurance Cluster Manager Salary 8 - 18 years exp. (21 salaries)	₹3.8 L/yr - ₹6.5 L/yr 44% less
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HDFC Ergo General Insurance Cluster Manager Salary 7 - 16 years exp. (21 salaries)	₹4.1 L/yr - ₹13.5 L/yr 12% more
ICICI Lombard General Insurance Company Cluster Manager Salary 2 - 12 years exp. (15 salaries)	₹3.8 L/yr - ₹11 L/yr 10% less
SBI Life Insurance Company Cluster Manager Salary 2 - 9 years exp. (5 salaries)	₹3.5 L/yr - ₹5.3 L/yr 52% less
Kotak Mahindra General Insurance Cluster Manager Salary 7 - 11 years exp. (4 salaries)	₹5.3 L/yr - ₹7.7 L/yr 32% less

Cluster Manager salary at ICICI Prudential Life Insurance ranges between ₹6.1 Lakhs to ₹13.6 Lakhs per year for employees with experience between 5 years to 19 years. Salary estimates are based on 33 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Cluster Manager salaries

Last Updated: 21 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹10 L/yr
6 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹14.7 L/yr
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7 years (AmbitionBox Estimate)	₹7 L/yr - ₹14.9 L/yr
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.5 L/yr
9 years (AmbitionBox Estimate)	₹7 L/yr - ₹15.4 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)	₹3.6 L/yr - ₹11 L/yr
14 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹11.5 L/yr
15+ years (13 salaries)	₹6.8 L/yr - ₹17 L/yr

View all

From

Cluster Manager

5 - 19 years exp.

Regional Manager

15 - 22 years exp.

From

Cluster Manager

5 - 19 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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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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ICICI Prudential Life Insurance Cluster Manager Salary FAQs

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

The average salary of a Cluster Manager at ICICI Prudential Life Insurance in India typically ranges from ₹6.1 Lakhs to ₹13.6 Lakhs per year, depending on experience (from 5 years to 19 years).

The top 10% of Cluster Manager at ICICI Prudential Life Insurance earn more than ₹13.6 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Cluster Manager 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 30+ ICICI Prudential Life Insurance employees in India.

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 in India typically ranges from ₹65,195 to ₹66,859 per month. This is based on the average salary range of ₹6.1 Lakhs to ₹13.6 Lakhs per year for employees with experience ranging from 5 years to 19 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 30+ 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 Cluster Manager in India?

PNB MetLife	₹4.9 Lakhs to ₹17.0 Lakhs per year
Tata AIA Life Insurance	₹4.5 Lakhs to ₹18.6 Lakhs per year
Axis Max Life Insurance	₹5.5 Lakhs to ₹14.9 Lakhs per year
HDFC Ergo General Insurance	₹4.1 Lakhs to ₹13.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹5.2 Lakhs to ₹14.0 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 Cluster Manager in companies similar to ICICI Prudential Life Insurance in India?

The salary of a Cluster Manager 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:

Reliance Nippon Life Insurance	₹5.0 Lakhs to ₹16.0 Lakhs per year
HDFC Life	₹5.0 Lakhs to ₹12.0 Lakhs per year
SBI General Insurance	₹7.0 Lakhs to ₹15.3 Lakhs per year
Bajaj Allianz Life Insurance	₹4.2 Lakhs to ₹14.3 Lakhs per year
Kotak Mahindara Life Insurance	₹5.0 Lakhs to ₹15.0 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 Cluster Manager at ICICI Prudential Life Insurance in India?

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

Experience	Average Salary Range
5 years	₹3.2 Lakhs to ₹10.0 Lakhs per year
6 years	₹6.5 Lakhs to ₹14.7 Lakhs per year
7 years	₹7.0 Lakhs to ₹14.9 Lakhs per year
8 years	₹7.0 Lakhs to ₹8.5 Lakhs per year

and so on.

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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 ₹13.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 33 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.