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ICICI Prudential Life Insurance Compliance Associate salaries in Mumbai

Annual salary range
0 - 2 years exp.
₹14 Lakhs - ₹16 Lakhs
Salary of majority employees
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129% more than the average Compliance Associate Salary in Insurance Companies for 0 - 2 years of experience

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Salaries in different departments

Legal & Regulatory
Compliance Associate Salary
1 - 2 years exp. (4 salaries)
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₹14 L/yr - ₹16 L/yr

Finance & Accounting
Compliance Associate Salary
Fresher (AmbitionBox Estimate)
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₹12.6 L/yr - ₹15.4 L/yr

Last Updated: 16 Mar 2023

Companies similar to ICICI Prudential Life Insurance for Compliance Associate in Mumbai

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ICICI Prudential Life Insurance Compliance Associate Salary

0 - 2 years exp. (5 salaries)

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₹14 L/yr - ₹16 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HGS Compliance Associate Salary

1 - 10 years exp. (46 salaries)

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₹1.9 L/yr - ₹6.6 L/yr

arrow icon 72% less
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Morgan Stanley Compliance Associate Salary

1 - 7 years exp. (11 salaries)

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₹7 L/yr - ₹9.1 L/yr

arrow icon 46% less
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Third Bridge Compliance Associate Salary

0 - 4 years exp. (8 salaries)

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₹7.3 L/yr - ₹10 L/yr

arrow icon 40% less
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₹10 L/yr - ₹24 L/yr

arrow icon 9% more
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Nomura Holdings Compliance Associate Salary

5 - 12 years exp. (5 salaries)

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₹5 L/yr - ₹19.5 L/yr

arrow icon 3% more
Compliance Associate salary at ICICI Prudential Life Insurance ranges between ₹14 Lakhs to ₹16 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Compliance Associate in Mumbai

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Experience wise ICICI Prudential Life Insurance Compliance Associate salaries in Mumbai

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr
1 year (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.2 L/yr
2 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.2 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

Senior Associate Salary
(180 salaries)
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₹2.5 L/yr - ₹5.3 L/yr
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₹3.5 L/yr - ₹11.13 L/yr
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₹2 L/yr - ₹3.36 L/yr
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₹3 L/yr - ₹3.7 L/yr

Salary related reviews for ICICI Prudential Life Insurance

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 10 Jan 2025

3.0
 for  Salary and Benefits

Likes

Salary package.

Dislikes

There is not have any work life balance, specially in group claims ,manager is not cooperative, for a single day sick leave also they asked like why did you inform previously.saturdays are working for partial employees.Hr &Sr Management is not supportive for employees they are at side of only managers.Promotion criteria is not basis of performance but on favourtism basis....hr will not assure that your conversation will be confidential & but each information gave to senior rather than to help out employees get more torture from manager.

read more
  • Skill development - Bad
    +5 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 08 Feb 2023

1.0
 for  Salary and Benefits

Likes

Salary is decent, but lesser than offered by MNCs and Startups. Good support for freshers.

read more

Dislikes

Management Trainee profile is highly sales oriented, nothing else. You'll be made to travel on a bike, visit multiple people on a daily basis and sell insurance products. The company will promise, but never gives any food/ travel/ fuel reimbursements. The IT infrastructure is pathetic. Laptops given to employee hang a lot and are difficult to work on. The colleagues and peers are average. You would rarely come across people from good management institutes working here. There is no "Real skill" development other than communication skill. The company will train you but only to sell products, nothing else. Work life balance is pathetic, and we're often asked to work on weekends. Leaves are rarely approved. The work culture is aggressive, and manager shout and abuse their subordinates. The HR will not help you either, but only support the manager. The attrition rate is very high among the Front line staff/Business Trainee/ Management Trainee. Almost 70% people leave within 1 year and switch to MNCs/ Startups for better work culture, pay and respect. Everyday it feels like the company is going through a financial crisis. They lack money to maintain basic office infrastructure and spend on employee welfare. No Diwali gifts or office lunches. The company is losing market share to HDFC Life. Except for Term Insurance, all other products are a SCAM. It's not ethical to work here. Sooner or later customer will abuse you for misleading and fraud. Avoid ICICI Prudential. Don't ruin your career.

read more
  • Salary - Bad
    +4 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 19 Jan 2023

1.0
 for  Salary and Benefits

Likes

Job security, Support for freshers

  • Job security - Good
    +1 more

Dislikes

Low salary, Low increment, Minimal learning, Highly sales oriented job, Abusive managers, Pressure, 6 days a week working, No gifts, No reimbursement, High degree of misselling of products to achieve sales target

read more
  • Salary - Bad
    +4 more

Engineering - Software & QA Department

5.0
  •  posted on 06 Sep 2019

5.0
 for  Salary and Benefits

Likes

I love the fact that i’m a part of a team that reliable l, high-quality products and has a global client base. As a result i get to interact with high profile people, celebrity and many more thinks to learn Another plus point is that my colleagues and Leadership Team is very much supportive & we work happily in collaboration.!!☺️

read more
  • Salary - Excellent
    +6 more

Dislikes

...gative wives so sometime we have to work more than shift timing but it’s okay becouse if we will spend more hours will get more salary.

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direct marketing Department

4.0
  •  posted on 08 Aug 2017

4.0
 for  Salary and Benefits

Likes

management of pru exlance nd wonderfully they motivate you extra bonus with salary permotion good for cureer it is a brand and 1 no in insurancec company market

read more
  • Salary - Good
    +3 more

Dislikes

they never look effort they only see number of business and very stricktly abt it.so it was very rood nd pressurised by company nd your senior manager never help even you hav good lead . if you work with pru you hav to consertrain on you work nver listen just work on you lead achive you target so naver depend on other .

read more
  • Job security - Poor
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ICICI Prudential Life Insurance Compliance Associate Salary FAQs

What is the salary of Compliance Associate at ICICI Prudential Life Insurance Mumbai?
Compliance Associate salary at ICICI Prudential Life Insurance in Mumbai ranges between ₹14.0 Lakhs to ₹16.0 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 129% more than the average Compliance Associate 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 Compliance Associate at ICICI Prudential Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Compliance Associate at ICICI Prudential Life Insurance is 129% more than the average salary of a Compliance Associate in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Compliance Associate in Mumbai?
  • Interactive Brokers Compliance Associate Salary - ₹10.0 Lakhs to ₹24.0 Lakhs per year
  • Nomura Holdings Compliance Associate Salary - ₹5.0 Lakhs to ₹19.5 Lakhs per year
What is the salary of a Compliance Associate in companies similar to ICICI Prudential Life Insurance in Mumbai?
  • Third Bridge Compliance Associate Salary - ₹7.3 Lakhs to ₹10.0 Lakhs per year
  • Morgan Stanley Compliance Associate Salary - ₹7.0 Lakhs to ₹9.1 Lakhs per year
  • HGS Compliance Associate Salary - ₹1.9 Lakhs to ₹6.6 Lakhs per year
What is the estimated take home salary of a Compliance Associate at ICICI Prudential Life Insurance in Mumbai?
The estimated take-home salary of a Compliance Associate at ICICI Prudential Life Insurance ranges between ₹1,02,364 per month to ₹1,05,162 per month in Mumbai. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Compliance Associate salary in India which ranges between ₹14.0 Lakhs to ₹16.0 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?
What is the notice period for Compliance Associate at ICICI Prudential Life Insurance in Mumbai?
According to AmbitionBox, 100% of the ICICI Prudential Life Insurance Compliance Associates in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Prudential Life Insurance Compliance Associate salary in Mumbai ranges between ₹14 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.