ICICI Prudential Life Insurance Cluster Manager Banca Salaries by 4 Employees (Updated 2025)

2 - 15 years exp.

₹6.5 Lakhs - ₹18 Lakhs

Low Confidence

Salary of majority employees

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)	₹5.9 L/yr - ₹7.2 L/yr
Customer Success, Service & Operations Cluster Manager Banca Salary 2 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr
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Sales & Business Development Cluster Manager Banca Salary 15 years exp. (AmbitionBox Estimate)	₹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
HDFC Life Cluster Manager Banca Salary 7 - 16 years exp. (48 salaries)	₹7 L/yr - ₹11.5 L/yr 10% less
Axis Max Life Insurance Cluster Manager Banca Salary 7 - 17 years exp. (13 salaries)	₹9 L/yr - ₹12.3 L/yr 4% more
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Kotak Mahindara Life Insurance Cluster Manager Banca Salary 8 - 17 years exp. (7 salaries)	₹5.5 L/yr - ₹13 L/yr 13% less
Bajaj Allianz Life Insurance Cluster Manager Banca Salary 7 - 13 years exp. (9 salaries)	₹6 L/yr - ₹10 L/yr 26% less
Tata AIA Life Insurance Cluster Manager Banca Salary 8 - 13 years exp. (5 salaries)	₹7 L/yr - ₹10 L/yr 15% less
Reliance Nippon Life Insurance Cluster Manager Banca Salary 9 - 11 years exp. (5 salaries)	₹4.4 L/yr - ₹6 L/yr 50% less
PNB MetLife Cluster Manager Banca Salary 6 - 8 years exp. (3 salaries)	₹4 L/yr - ₹5.8 L/yr 49% less
Aditya Birla Sun Life Insurance Cluster Manager Banca Salary 4 - 12 years exp. (42 salaries)	₹6 L/yr - ₹12.6 L/yr 24% less
Star Health & Allied Insurance Cluster Manager Banca Salary 5 - 13 years exp. (22 salaries)	₹5 L/yr - ₹9.8 L/yr 35% less
HDFC Ergo General Insurance Cluster Manager Banca Salary 3 - 8 years exp. (5 salaries)	₹4.6 L/yr - ₹4.9 L/yr 53% less
SBI General Insurance Cluster Manager Banca Salary 12 - 17 years exp. (4 salaries)	₹7.5 L/yr - ₹10 L/yr 15% less
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ICICI Lombard General Insurance Company Cluster Manager Banca Salary 2 - 14 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 2% 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.

Experience wise ICICI Prudential Life Insurance Cluster Manager Banca salaries

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
8 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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9 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
15+ years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr

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Salary related reviews for ICICI Prudential Life Insurance

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

Business Development Manager in Sambalpur

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.

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.

Promotions - Poor

+1 more

see more salary related reviews

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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 Cluster Manager Banca Salary FAQs

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

Cluster Manager Banca salary at ICICI Prudential Life Insurance in India ranges between ₹6.5 Lakhs to ₹18.0 Lakhs for experience between 2 years to 15 years. According to our estimates it is 44% more than the average Cluster Manager Banca Salary in India. Salary estimates are based on 4 latest salaries received from various employees of ICICI Prudential Life Insurance India.

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

The average salary of a Cluster Manager Banca at ICICI Prudential Life Insurance is 44% more than the average salary of a Cluster Manager Banca 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 Banca in India?

Axis Max Life Insurance Cluster Manager Banca Salary - ₹9.0 Lakhs to ₹12.3 Lakhs per year

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

ICICI Lombard General Insurance Company Cluster Manager Banca Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
HDFC Life Cluster Manager Banca Salary - ₹7.0 Lakhs to ₹11.5 Lakhs per year
Kotak Mahindara Life Insurance Cluster Manager Banca Salary - ₹5.5 Lakhs to ₹13.0 Lakhs per year
SBI General Insurance Cluster Manager Banca Salary - ₹7.5 Lakhs to ₹10.0 Lakhs per year
Tata AIA Life Insurance Cluster Manager Banca Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year

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 ranges between ₹73,822 per month to ₹75,730 per month in India. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Cluster Manager Banca salary in India which ranges between ₹6.5 Lakhs to ₹18.0 Lakhs per year for employees with experience between 2 years to 15 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the ICICI Prudential Life Insurance Cluster Manager Bancas reported a notice period of 1 Month, 25% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Cluster Manager Banca Salaries

ICICI Prudential Life Insurance Cluster Manager Banca salary in India ranges between ₹6.5 Lakhs to ₹18 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.