ICICI Prudential Life Insurance Mumbai Cluster Manager Salaries by 5 Employees (Updated 2025)

11 - 15 years exp.

₹6.5 Lakhs - ₹13.5 Lakhs

Salary of majority employees

8% less than the average Cluster Manager Salary in Insurance Companies for 11 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 11 - 15 years exp. (4 salaries)	₹6.5 L/yr - ₹10.8 L/yr
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Sales & Business Development Cluster Manager Salary 12 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹13.5 L/yr

Last Updated: 12 Dec 2023

Companies similar to ICICI Prudential Life Insurance for Cluster Manager in Mumbai

ICICI Prudential Life Insurance Cluster Manager Salary

11 - 15 years exp. (5 salaries)

₹6.5 L/yr - ₹13.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Cluster Manager Salary 6 - 16 years exp. (24 salaries)	₹6 L/yr - ₹11.5 L/yr 2% less
Max Life Insurance Cluster Manager Salary 6 - 15 years exp. (20 salaries)	₹5.1 L/yr - ₹13.9 L/yr 13% more
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Kotak Mahindara Life Insurance Cluster Manager Salary 7 - 10 years exp. (3 salaries)	₹7.3 L/yr - ₹12.5 L/yr 12% less
Bajaj Allianz Life Insurance Cluster Manager Salary 5 - 14 years exp. (4 salaries)	₹5 L/yr - ₹13 L/yr 6% less	1 job opening
Reliance Nippon Life Insurance Cluster Manager Salary 15 - 16 years exp. (4 salaries)	₹7.8 L/yr - ₹15 L/yr 3% more
Aviva Life Insurance India Cluster Manager Salary 22 - 27 years exp. (3 salaries)	₹16.1 L/yr - ₹19.4 L/yr 95% more
Aditya Birla Sun Life Insurance Cluster Manager Salary 1 - 13 years exp. (33 salaries)	₹6.8 L/yr - ₹14 L/yr 12% more
Star Health & Allied Insurance Cluster Manager Salary 5 - 12 years exp. (5 salaries)	₹6.3 L/yr - ₹7.5 L/yr 30% less

Cluster Manager salary at ICICI Prudential Life Insurance ranges between ₹6.5 Lakhs to ₹13.5 Lakhs per year for employees with experience between 11 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Cluster Manager salaries in Mumbai

Last Updated: 12 Dec 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹15.9 L/yr
12 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹13.5 L/yr
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13 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
14 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
15+ years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10.8 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

Sales Manager Salary

(118 salaries)

₹3 L/yr - ₹10 L/yr

Area Manager Salary

(49 salaries)

₹7 L/yr - ₹12 L/yr

Branch Manager Salary

(48 salaries)

₹5.88 L/yr - ₹18 L/yr

Relationship Manager Salary

(47 salaries)

₹2.2 L/yr - ₹8.28 L/yr

Area Sales Manager Salary

(19 salaries)

₹6 L/yr - ₹14.5 L/yr

Deputy Manager Salary

(8 salaries)

₹3.75 L/yr - ₹8 L/yr

Salary related reviews for ICICI Prudential Life Insurance

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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What people are saying about ICICI Prudential Life Insurance

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a sales manager

Career Advice Needed: Transition from BFSI to Zomato as Area Manager

Hi everyone, I am currently working as a Sales Manager in a leading BFSI company, and I am planning to switch to Zomato as an Area Manager. I want to know if this would be a good career move or if I should explore other opportunities. I am a bit concerned as Zomato's rating on AmbitionBox is 3.8. Please suggest whether I should join or look for better options. Your advice would be greatly appreciated!

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ICICI Prudential Life Insurance Cluster Manager Salary FAQs

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

Cluster Manager salary at ICICI Prudential Life Insurance in Mumbai ranges between ₹6.5 Lakhs to ₹13.5 Lakhs for experience between 11 years to 15 years. According to our estimates it is 8% less than the average Cluster Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of ICICI Prudential Life Insurance Mumbai.

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

The average salary of a Cluster Manager at ICICI Prudential Life Insurance is 8% less than the average salary of a Cluster Manager in Mumbai. To know exact salary insights, login to view.

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

Aviva Life Insurance India Cluster Manager Salary - ₹16.1 Lakhs to ₹19.4 Lakhs per year
Max Life Insurance Cluster Manager Salary - ₹5.1 Lakhs to ₹13.9 Lakhs per year
Aditya Birla Sun Life Insurance Cluster Manager Salary - ₹6.8 Lakhs to ₹14.0 Lakhs per year
Reliance Nippon Life Insurance Cluster Manager Salary - ₹7.8 Lakhs to ₹15.0 Lakhs per year

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

HDFC Life Cluster Manager Salary - ₹6.0 Lakhs to ₹11.5 Lakhs per year
Bajaj Allianz Life Insurance Cluster Manager Salary - ₹5.0 Lakhs to ₹13.0 Lakhs per year
Kotak Mahindara Life Insurance Cluster Manager Salary - ₹7.3 Lakhs to ₹12.5 Lakhs per year
Star Health & Allied Insurance Cluster Manager Salary - ₹6.3 Lakhs to ₹7.5 Lakhs per year

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

The estimated take-home salary of a Cluster Manager at ICICI Prudential Life Insurance ranges between ₹64,971 per month to ₹66,628 per month in Mumbai. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Cluster Manager salary in India which ranges between ₹6.5 Lakhs to ₹13.5 Lakhs per year for employees with experience between 11 years to 15 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the ICICI Prudential Life Insurance Cluster Managers in Mumbai reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Cluster Manager Salaries in Mumbai

ICICI Prudential Life Insurance Cluster Manager salary in Mumbai ranges between ₹6.5 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

ICICI Prudential Life Insurance Cluster Manager salaries in Mumbai

Companies similar to ICICI Prudential Life Insurance for Cluster Manager in Mumbai

Latest annual salaries shared by ICICI Prudential Life Insurance Cluster Manager in Mumbai

Experience wise ICICI Prudential Life Insurance Cluster Manager salaries in Mumbai

Similar Designation salaries in ICICI Prudential Life Insurance

Salary related reviews for ICICI Prudential Life Insurance

Area Sales Manager in Indore

Sales Manager in Hyderabad / Secunderabad

Relationship Manager in Saharsa

Sales Manager in Kolkata

Relationship Manager in Mumbai

ICICI Prudential Life Insurance Cluster Manager Salary FAQs

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