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ICICI Prudential Life Insurance

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4.1

based on 6.3k Reviews

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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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ICICI Prudential Life Insurance Development Manager salaries in Mumbai

Annual salary range
1 - 7 years exp.
₹3.3 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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5% less than the average Development Manager Salary in Insurance Companies for 1 - 7 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
Development Manager Salary
2 - 7 years exp. (5 salaries)
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₹3.3 L/yr - ₹4.5 L/yr

Finance & Accounting
Development Manager Salary
4 - 6 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.2 L/yr

Last Updated: 6 Jul 2024

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

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ICICI Prudential Life Insurance Development Manager Salary

1 - 7 years exp. (12 salaries)
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₹3.3 L/yr - ₹4.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Axis Max Life Insurance Development Manager Salary

2 - 7 years exp. (3 salaries)
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₹3.7 L/yr - ₹4.5 L/yr

arrow icon 3% less
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ICICI Lombard General Insurance Company Development Manager Salary

2 - 4 years exp. (3 salaries)
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₹3.3 L/yr - ₹3.5 L/yr

arrow icon 16% less
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Kotak Mahindara Life Insurance Development Manager Salary

3 - 5 years exp. (3 salaries)
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₹3.5 L/yr - ₹4 L/yr

arrow icon 2% more
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Edelweiss Life Insurance Development Manager Salary

3 - 13 years exp. (10 salaries)
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₹3 L/yr - ₹3.5 L/yr

arrow icon 18% less
 5 job openings
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Gilbarco Veeder Root Development Manager Salary

13 - 15 years exp. (5 salaries)
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₹23 L/yr - ₹32 L/yr

arrow icon 641% more
Development Manager salary at ICICI Prudential Life Insurance ranges between ₹3.3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 12 latest salaries received from various employees of ICICI Prudential Life Insurance.

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

8mo ago
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1 year exp.
9mo ago
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6 years exp.
1y ago
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6 years exp.

Experience wise ICICI Prudential Life Insurance Development Manager salaries in Mumbai

Last Updated: 6 Jul 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
2 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
4 years  (4 salaries)

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₹3.3 L/yr - ₹4 L/yr
5 years  (3 salaries)

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₹3.6 L/yr - ₹4 L/yr
View all

Similar Designation salaries in ICICI Prudential Life Insurance

Product Manager Salary
(32 salaries)
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₹6.25 L/yr - ₹19 L/yr
Senior Project Manager Salary
(4 salaries)
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₹12 L/yr - ₹16.1 L/yr
Project Manager Salary
(3 salaries)
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₹6 L/yr - ₹8.3 L/yr
Software Engineer Salary
(3 salaries)
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₹2.4 L/yr - ₹7.15 L/yr

Top skills at ICICI Prudential Life Insurance for Development Manager

Team Handling Problem Solving Team Management Team Leading

Salary related reviews for ICICI Prudential Life Insurance

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

read more
  • 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

read more

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.

read more
  • 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.

read more

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.

read more
  • Skill development - Bad
    • +3 more

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.

read more
  • Skill development - Bad
    • +5 more

Agency Manager in Goa

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 07 Jan 2025
3.0
 for  Salary and Benefits

Likes

...d job security, and offers valuable learning opportunities to enhance my skills. While the salary is on the lower side and growth feels slow, the stable environment and focus on employee development make it a worthwhile place to work.

read more
  • Skill development - Excellent
    • +4 more

Dislikes

Low salary slow growth

see more salary related reviews

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ICICI Prudential Life Insurance Development Manager Salary FAQs

What is the salary of Development Manager at ICICI Prudential Life Insurance in Mumbai?
The average salary of a Development Manager at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹3.3 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Development Manager in Mumbai at ICICI Prudential Life Insurance earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Development 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 10+ ICICI Prudential Life Insurance employees in India.
What is the estimated take home salary of a Development Manager at ICICI Prudential Life Insurance in Mumbai?
The estimated take-home salary of a Development Manager at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹28,746 to ₹30,129 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year to 7 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 10+ 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 Development Manager at ICICI Prudential Life Insurance in Mumbai?
To be a Development Manager at ICICI Prudential Life Insurance in Mumbai, the key skills required include:

  • - Team Handling
  • - Problem Solving
  • - Team Management
  • - Team Leading

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 Development Manager in India?
Gilbarco Veeder Root ₹23.0 Lakhs to ₹32.0 Lakhs per year
Kotak Mahindara Life Insurance ₹3.5 Lakhs to ₹4.0 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.
What is the salary of a Development Manager in companies similar to ICICI Prudential Life Insurance in Mumbai?
The salary of a Development Manager at companies similar to ICICI Prudential Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Max Life Insurance ₹3.7 Lakhs to ₹4.5 Lakhs per year
ICICI Lombard General Insurance Company ₹3.3 Lakhs to ₹3.5 Lakhs per year
Edelweiss Life Insurance ₹3.0 Lakhs to ₹3.5 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 Development Manager at ICICI Prudential Life Insurance in Mumbai?
The salary growth for a Development Manager at ICICI Prudential Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Development Manager in Mumbai can expect the following growth trajectory at ICICI Prudential Life Insurance:

Experience Average Salary Range
1 year ₹3.5 Lakhs to ₹4.5 Lakhs per year
2 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
3 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
4 years ₹3.3 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Prudential Life Insurance Development Manager salary in Mumbai ranges between ₹3.3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.