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ICICI Prudential Life Insurance Cluster Manager Banca salaries in India

Annual salary range
2 - 15 years exp.
₹6.5 Lakhs - ₹18 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Fixed (89%)
₹9.1 Lakhs
Variable (11%)
₹1.2 Lakh
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44% more than the average Cluster Manager Banca Salary in Insurance Companies for 2 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Cluster Manager Banca Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.2 L/yr

Customer Success, Service & Operations
Cluster Manager Banca Salary
2 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹11 L/yr

Sales & Business Development
Cluster Manager Banca Salary
15 years exp. (AmbitionBox Estimate)
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₹16.2 L/yr - ₹19.8 L/yr

Last Updated: 7 Dec 2024

Companies similar to ICICI Prudential Life Insurance for Cluster Manager Banca

Company name Avg Annual Salary Open Jobs
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HDFC Life Cluster Manager Banca Salary

7 - 16 years exp. (46 salaries)

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₹7 L/yr - ₹11.5 L/yr

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₹6 L/yr - ₹12.6 L/yr

arrow icon 23% less
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₹5 L/yr - ₹9.8 L/yr

arrow icon 35% less
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₹9 L/yr - ₹12.3 L/yr

arrow icon 4% more
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₹6 L/yr - ₹10 L/yr

arrow icon 26% less
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₹5.5 L/yr - ₹13 L/yr

arrow icon 13% less
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₹4.4 L/yr - ₹6 L/yr

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₹7 L/yr - ₹10 L/yr

arrow icon 15% less
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₹4.6 L/yr - ₹4.9 L/yr

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₹7.5 L/yr - ₹10 L/yr

arrow icon 15% less
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₹8 L/yr - ₹12 L/yr

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PNB MetLife Cluster Manager Banca Salary

6 - 8 years exp. (3 salaries)

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₹4 L/yr - ₹5.8 L/yr

arrow icon 49% less
Cluster Manager Banca salary at ICICI Prudential Life Insurance ranges between ₹6.5 Lakhs to ₹18 Lakhs per year for employees with experience between 2 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Cluster Manager Banca

1mo ago
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15 years exp.
1y ago
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2 years exp.
1y ago
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9 years exp.
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8 years exp.

Experience wise ICICI Prudential Life Insurance Cluster Manager Banca salaries

Last Updated: 7 Dec 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr
8 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
15+ years (AmbitionBox Estimate)

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₹16.2 L/yr - ₹20.7 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

Cluster Manager Salary
(31 salaries)
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₹6.05 L/yr - ₹17.5 L/yr
Area Manager Salary
(375 salaries)
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₹5.8 L/yr - ₹13.2 L/yr
Deputy Manager Salary
(53 salaries)
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₹2.25 L/yr - ₹8 L/yr
Sales Manager Salary
(939 salaries)
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₹2.5 L/yr - ₹10.55 L/yr
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₹1.9 L/yr - ₹7 L/yr
Business Sales Manager Salary
(AmbitionBox Estimate)
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₹14.4 L/yr - ₹18.4 L/yr
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₹4 L/yr - ₹5.75 L/yr
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₹2.66 L/yr - ₹6.5 L/yr
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₹2.7 L/yr - ₹5 L/yr
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₹2.75 L/yr - ₹3.9 L/yr

Salary related reviews for ICICI Prudential Life Insurance

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

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.

read more
  • Salary - Excellent
  • +6 more

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

read more

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

read more
  • Salary - Poor
  • +4 more

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
see more salary related reviews

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ICICI Prudential Life Insurance Cluster Manager Banca Salary FAQs

What is the salary of Cluster Manager Banca at ICICI Prudential Life Insurance ?
The average salary of a Cluster Manager Banca at ICICI Prudential Life Insurance in India typically ranges from ₹6.5 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 2 years to 15 years).

The top 10% of Cluster Manager Banca at ICICI Prudential Life Insurance earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Cluster Manager Banca 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 Cluster Manager Banca at ICICI Prudential Life Insurance in India?
The estimated take-home salary of a Cluster Manager Banca at ICICI Prudential Life Insurance in India typically ranges from ₹73,822 to ₹75,730 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 2 years to 15 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 Cluster Manager Banca in India?
Axis Max Life Insurance ₹9.0 Lakhs to ₹12.3 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 Banca in companies similar to ICICI Prudential Life Insurance in India?
The salary of a Cluster Manager Banca 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:

ICICI Lombard General Insurance Company ₹8.0 Lakhs to ₹12.0 Lakhs per year
HDFC Life ₹7.0 Lakhs to ₹11.5 Lakhs per year
Kotak Mahindara Life Insurance ₹5.5 Lakhs to ₹13.0 Lakhs per year
SBI General Insurance ₹7.5 Lakhs to ₹10.0 Lakhs per year
Tata AIA Life Insurance ₹7.0 Lakhs to ₹10.0 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 Banca at ICICI Prudential Life Insurance in India?
The salary growth for a Cluster Manager Banca at ICICI Prudential Life Insurance depends on factors such as experience, performance, and promotions. On average, a Cluster Manager Banca can expect the following growth trajectory at ICICI Prudential Life Insurance:

Experience Average Salary Range
2 years ₹9.0 Lakhs to ₹11.5 Lakhs per year
8 years ₹5.9 Lakhs to ₹7.5 Lakhs per year
9 years ₹5.9 Lakhs to ₹7.5 Lakhs per year
15 years ₹16.2 Lakhs to ₹20.7 Lakhs per year
and so on.

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ICICI Prudential Life Insurance Cluster Manager Banca salary in India ranges between ₹6.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.