ICICI Prudential Life Insurance Mumbai Consultant Salaries by 20+ Employees (Updated 2025)

0 - 5 years exp.

₹1.6 Lakh - ₹6 Lakhs

Salary of majority employees

79% less than the average Consultant Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Consultant Salary 0 - 4 years exp. (12 salaries)	₹1.8 L/yr - ₹3.5 L/yr
BFSI, Investments & Trading Consultant Salary 1 - 4 years exp. (5 salaries)	₹1.8 L/yr - ₹3 L/yr
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Consulting Consultant Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹6 L/yr
Data Science & Analytics Consultant Salary 5 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹4 L/yr
Engineering - Software & QA Consultant Salary 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.6 L/yr

Last Updated: 28 Feb 2025

Companies similar to ICICI Prudential Life Insurance for Consultant in Mumbai

ICICI Prudential Life Insurance Consultant Salary

0 - 5 years exp. (27 salaries)

₹1.6 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Consultant Salary 0 - 9 years exp. (15 salaries)	₹1.5 L/yr - ₹7.7 L/yr 27% more
PNB MetLife Consultant Salary 1 - 7 years exp. (15 salaries)	₹2 L/yr - ₹5 L/yr 6% more
Login to view exact salary
Kotak Mahindara Life Insurance Consultant Salary 0 - 9 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 224% more
Reliance Nippon Life Insurance Consultant Salary 3 - 15 years exp. (3 salaries)	₹2.2 L/yr - ₹6 L/yr 1% more
HDFC Ergo General Insurance Consultant Salary 0 - 7 years exp. (3 salaries)	₹2.2 L/yr - ₹9.5 L/yr 86% more

Consultant salary at ICICI Prudential Life Insurance ranges between ₹1.6 Lakh to ₹6 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 27 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Consultant salaries in Mumbai

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
1 year (9 salaries)	₹1.8 L/yr - ₹3 L/yr
Login to view exact salary
2 years (7 salaries)	₹1.6 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
4 years (5 salaries)	₹2 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

View all

From

Consultant

₹

Lakhs/yr

0 - 5 years exp.

Senior Manager

₹

Lakhs/yr

0 - 9 years exp.

Consultant 0 - 5 years exp.

Manager 1 - 13 years exp.

165% hike

Senior Manager 0 - 9 years exp.

129% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in ICICI Prudential Life Insurance

Senior Associate Salary

(184 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Top skills at ICICI Prudential Life Insurance for Consultant

Relationship Management bfsi Life Insurance PoS Casa

Salary related reviews for ICICI Prudential Life Insurance

4.8

Rated by 4 employees for salary & benefits

Senior Associate in Mumbai

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.

Skill development - Bad

+5 more

Team Lead in Indore

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.!!☺️

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.

Associate Consultant in New Delhi

Bancaasurance Department

3.0

• posted on 05 Apr 2019

3.0

for Salary and Benefits

Likes

icici is itself a brand and it has its own value the best thing about icici that the customer satisfaction is the best one and the products services or any issue regarding anything can be solved easily

Job security - Good

+1 more

Dislikes

Not satisfactory compensation and the career growth is very slow because insurance is a prosuct that 90% people dnt understand or dnt buy or miss guided by their friends and the last one thing is leaves are given very few

Senior Financial Service Manager in Lucknow

Full Time

Sales & Business Development Department

5.0

• posted on 04 Mar 2025

5.0

for Salary and Benefits

Likes

The work-life balance here is good, and the salary and promotions are also rewarding. This makes ICICI Prudential Life the best company for us.

Salary - Excellent

+6 more

Dislikes

There is nothing that would make us say we dislike ICICI Prudential LIC LTD...

Financial Service Consultant in Salem

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Jan 2025

3.0

for Salary and Benefits

Likes

Icici prudential is basically good company .It gives good salary for freshers.

Dislikes

Company wise icici is very good. But salem branch is very worst for managers support There is a lots of politics.seniors not help for juniors especially ANAND (ARM) PSF channel is help to senior only. Anand give only 6month time for begineers .After 6 months They don't give a business he compale for the separation . HR wise no action for anand.

Skill development - Bad

+3 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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ICICI Prudential Life Insurance Consultant Salary FAQs

What is the salary of Consultant at ICICI Prudential Life Insurance in Mumbai?

The average salary of a Consultant at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹1.6 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Consultant in Mumbai at ICICI Prudential Life Insurance earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Consultant 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 20+ ICICI Prudential Life Insurance employees in India.

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

The estimated take-home salary of a Consultant at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹21,021 to ₹22,670 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 5 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 20+ salaries received from various employees of ICICI Prudential Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Consultant at ICICI Prudential Life Insurance in Mumbai?

To be a Consultant at ICICI Prudential Life Insurance in Mumbai, the key skills required include:

- Relationship Management
- bfsi
- Life Insurance
- PoS
- Casa

These skills are highly valued at ICICI Prudential Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than ICICI Prudential Life Insurance for Consultant in India?

Kotak Mahindara Life Insurance	₹8.0 Lakhs to ₹12.0 Lakhs per year
HDFC Ergo General Insurance	₹2.2 Lakhs to ₹9.5 Lakhs per year
ICICI Lombard General Insurance Company	₹1.5 Lakhs to ₹7.7 Lakhs per year
PNB MetLife	₹2.0 Lakhs to ₹5.0 Lakhs per year
Reliance Nippon Life Insurance	₹2.2 Lakhs to ₹6.0 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.

How the salary growth look like for a Consultant at ICICI Prudential Life Insurance in Mumbai?

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

Experience	Average Salary Range
Fresher	₹2.4 Lakhs to ₹3.1 Lakhs per year
1 year	₹1.8 Lakhs to ₹3.0 Lakhs per year
2 years	₹1.6 Lakhs to ₹3.6 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.4 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Consultant Salaries in Mumbai

ICICI Prudential Life Insurance Consultant salary in Mumbai ranges between ₹1.6 Lakh to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.