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

2 - 13 years exp.

₹6.8 Lakhs - ₹7.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

27% less than the average Cluster Sales Manager Salary in Insurance Companies for 2 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Sales Manager Salary 10 - 14 years exp. (4 salaries)	₹6.7 L/yr - ₹7.5 L/yr
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Marketing & Communication Cluster Sales Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹7.1 L/yr

Last Updated: 5 Feb 2025

Companies similar to ICICI Prudential Life Insurance for Cluster Sales Manager

Company name	Avg Annual Salary	Open Jobs
SBI General Insurance Cluster Sales Manager Salary 6 - 18 years exp. (162 salaries)	₹4.2 L/yr - ₹15.8 L/yr 27% more	4 job openings
HDFC Life Cluster Sales Manager Salary 3 - 16 years exp. (118 salaries)	₹6.5 L/yr - ₹11.4 L/yr 28% more	1 job opening
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Tata AIA Life Insurance Cluster Sales Manager Salary 5 - 13 years exp. (96 salaries)	₹5.2 L/yr - ₹11.7 L/yr 23% more	25 job openings
PNB MetLife Cluster Sales Manager Salary 5 - 10 years exp. (65 salaries)	₹3.9 L/yr - ₹6.1 L/yr 25% less	8 job openings
HDFC Ergo General Insurance Cluster Sales Manager Salary 0 - 7 years exp. (8 salaries)	₹2.5 L/yr - ₹4 L/yr 50% less
Axis Max Life Insurance Cluster Sales Manager Salary 6 - 11 years exp. (6 salaries)	₹5 L/yr - ₹7 L/yr 12% less
Bajaj Allianz Life Insurance Cluster Sales Manager Salary 7 - 15 years exp. (6 salaries)	₹8.5 L/yr - ₹11.5 L/yr 51% more
ICICI Lombard General Insurance Company Cluster Sales Manager Salary 4 - 7 years exp. (5 salaries)	₹5 L/yr - ₹7.5 L/yr 16% less
Star Health & Allied Insurance Cluster Sales Manager Salary 7 - 16 years exp. (4 salaries)	₹5.8 L/yr - ₹7 L/yr 9% less
Aditya Birla Sun Life Insurance Cluster Sales Manager Salary 6 - 7 years exp. (3 salaries)	₹6.8 L/yr - ₹8.6 L/yr 18% more
SBI Life Insurance Company Cluster Sales Manager Salary 1 - 11 years exp. (3 salaries)	₹5 L/yr - ₹8.5 L/yr 6% less
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Cluster Sales Manager salary at ICICI Prudential Life Insurance ranges between ₹6.8 Lakhs to ₹7.5 Lakhs per year for employees with experience between 2 years to 13 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 Sales Manager salaries

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7 L/yr
3 years (AmbitionBox Estimate)	₹7 L/yr - ₹12.6 L/yr
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4 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
5 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
6 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
8 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr
9 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr
10 years (AmbitionBox Estimate)	₹7 L/yr - ₹12.8 L/yr
11 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
12 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.5 L/yr
13 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹12.8 L/yr

View all

Similar Designation salaries in ICICI Prudential Life Insurance

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₹4.74 L/yr - ₹16.2 L/yr

Cluster Manager Salary

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₹6.05 L/yr - ₹17.5 L/yr

Assistant Sales Manager Salary

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₹4 L/yr - ₹5.75 L/yr

Territory Sales Manager Salary

(4 salaries)

₹5 L/yr - ₹10.9 L/yr

Sales Manager Salary

(958 salaries)

₹2.5 L/yr - ₹11 L/yr

Store Manager Salary

(3 salaries)

₹3 L/yr - ₹11 L/yr

Senior Area Sales Manager Salary

(4 salaries)

₹5.5 L/yr - ₹18 L/yr

Senior Sales Officer Salary

(5 salaries)

₹2.75 L/yr - ₹4.3 L/yr

Cluster Head Salary

(13 salaries)

₹8.05 L/yr - ₹15 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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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ICICI Prudential Life Insurance Cluster Sales Manager Salary FAQs

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

The average salary of a Cluster Sales Manager at ICICI Prudential Life Insurance in India typically ranges from ₹6.8 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 2 years to 13 years).

The top 10% of Cluster Sales Manager at ICICI Prudential Life Insurance earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Cluster Sales 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 5 ICICI Prudential Life Insurance employees in India.

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

The estimated take-home salary of a Cluster Sales Manager at ICICI Prudential Life Insurance in India typically ranges from ₹52,826 to ₹54,140 per month. This is based on the average salary range of ₹6.8 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 2 years to 13 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 5 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 Sales Manager in India?

Bajaj Allianz Life Insurance	₹8.5 Lakhs to ₹11.5 Lakhs per year
HDFC Life	₹6.5 Lakhs to ₹11.4 Lakhs per year
SBI General Insurance	₹4.2 Lakhs to ₹15.8 Lakhs per year
Tata AIA Life Insurance	₹5.2 Lakhs to ₹11.7 Lakhs per year
Aditya Birla Sun Life Insurance	₹6.8 Lakhs to ₹8.6 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 Sales Manager in companies similar to ICICI Prudential Life Insurance in India?

The salary of a Cluster Sales 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:

SBI Life Insurance Company	₹5.0 Lakhs to ₹8.5 Lakhs per year
Star Health & Allied Insurance	₹5.8 Lakhs to ₹7.0 Lakhs per year
Axis Max Life Insurance	₹5.0 Lakhs to ₹7.0 Lakhs per year
ICICI Lombard General Insurance Company	₹5.0 Lakhs to ₹7.5 Lakhs per year
PNB MetLife	₹3.9 Lakhs to ₹6.1 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 Sales Manager at ICICI Prudential Life Insurance in India?

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

Experience	Average Salary Range
2 years	₹2.8 Lakhs to ₹7.0 Lakhs per year
3 years	₹7.0 Lakhs to ₹12.6 Lakhs per year
4 years	₹6.3 Lakhs to ₹8.1 Lakhs per year
5 years	₹6.3 Lakhs to ₹8.1 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Cluster Sales Manager Salaries

ICICI Prudential Life Insurance Cluster Sales Manager salary in India ranges between ₹6.8 Lakhs to ₹7.5 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.