ICICI Prudential Life Insurance Mumbai Finance Manager Salaries by 10 Employees (Updated 2025)

1 - 6 years exp.

₹3 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

77% less than the average Finance Manager Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Finance Manager Salary 1 - 3 years exp. (4 salaries)	₹3.2 L/yr - ₹4.5 L/yr
Finance & Accounting Finance Manager Salary 1 - 6 years exp. (4 salaries)	₹3 L/yr - ₹4.3 L/yr
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Sales & Business Development Finance Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.3 L/yr

Last Updated: 12 Mar 2025

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

ICICI Prudential Life Insurance Finance Manager Salary

1 - 6 years exp. (10 salaries)

₹3 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Finance Manager Salary 8 - 18 years exp. (6 salaries)	₹9.8 L/yr - ₹15.7 L/yr 199% more
ICICI Lombard General Insurance Company Finance Manager Salary 3 - 7 years exp. (5 salaries)	₹10 L/yr - ₹10.6 L/yr 155% more
Login to view exact salary
Reliance Retail Finance Manager Salary 0 - 8 years exp. (44 salaries)	₹9 L/yr - ₹19.2 L/yr 241% more
Hindustan Unilever Finance Manager Salary 2 - 10 years exp. (36 salaries)	₹20.7 L/yr - ₹45 L/yr 702% more
ICICI Bank Finance Manager Salary 0 - 6 years exp. (34 salaries)	₹6.3 L/yr - ₹20 L/yr 204% more

Finance Manager salary at ICICI Prudential Life Insurance ranges between ₹3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 10 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Finance Manager salaries in Mumbai

Last Updated: 12 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
2 years (3 salaries)	₹3.8 L/yr - ₹4.5 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr

View all

Similar Designation salaries in ICICI Prudential Life Insurance

Sales Manager Salary

(116 salaries)

₹3 L/yr - ₹10 L/yr

Branch Manager Salary

(46 salaries)

₹9.8 L/yr - ₹17.5 L/yr

Relationship Manager Salary

(45 salaries)

₹2.2 L/yr - ₹7.75 L/yr

Area Sales Manager Salary

(16 salaries)

₹6 L/yr - ₹14.5 L/yr

Deputy Manager Salary

(9 salaries)

₹3.75 L/yr - ₹8 L/yr

Branch Head Salary

(7 salaries)

₹11.6 L/yr - ₹15.46 L/yr

Finance Executive Salary

(6 salaries)

₹2 L/yr - ₹3.36 L/yr

Top skills at ICICI Prudential Life Insurance for Finance Manager

Claims Management Accounting Fixed Assets Stakeholder Management Auditing Reinsurance Accounting Capitalisation Depreciation Data Management

Salary related reviews for ICICI Prudential Life Insurance

3.8

Rated by 3 employees for salary & benefits

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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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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ICICI Prudential Life Insurance Finance Manager Salary FAQs

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

The average salary of a Finance Manager at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹3.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Finance Manager in Mumbai at ICICI Prudential Life Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Finance 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 Finance Manager at ICICI Prudential Life Insurance in Mumbai?

The estimated take-home salary of a Finance Manager at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹30,046 to ₹31,359 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year to 6 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 Finance Manager at ICICI Prudential Life Insurance in Mumbai?

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

- Claims
- Management Accounting
- Fixed Assets
- Stakeholder Management
- Auditing

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 Finance Manager in India?

Hindustan Unilever	₹20.7 Lakhs to ₹45.0 Lakhs per year
Reliance Retail	₹9.0 Lakhs to ₹19.2 Lakhs per year
ICICI Bank	₹6.3 Lakhs to ₹20.0 Lakhs per year
HDFC Ergo General Insurance	₹9.8 Lakhs to ₹15.7 Lakhs per year
ICICI Lombard General Insurance Company	₹10.0 Lakhs to ₹10.6 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.

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

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

Experience	Average Salary Range
1 year	₹3.7 Lakhs to ₹4.8 Lakhs per year
2 years	₹3.8 Lakhs to ₹4.5 Lakhs per year
3 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Finance Manager Salaries in Mumbai

ICICI Prudential Life Insurance Finance Manager salary in Mumbai ranges between ₹3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

ICICI Prudential Life Insurance Finance Manager salaries in Mumbai (Updated 2025)

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

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

Experience wise ICICI Prudential Life Insurance Finance Manager salaries in Mumbai

Similar Designation salaries in ICICI Prudential Life Insurance

Top skills at ICICI Prudential Life Insurance for Finance Manager

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 Finance Manager Salary FAQs

Tell us how to improve this page.