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ICICI Prudential Life Insurance Financial Advisor salaries in Mumbai (Updated 2025)

Annual salary range
0 - 6 years exp.
₹2.8 Lakhs - ₹4.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Financial Advisor Salary at ICICI Prudential Life Insurance ranges between ₹2.8 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 12... Read more

23% less than the average Financial Advisor Salary in Insurance Companies for 0 - 6 years of experience

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Last Updated: 19 Jun 2025

Companies similar to ICICI Prudential Life Insurance for Financial Advisor in Mumbai

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ICICI Prudential Life Insurance Financial Advisor Salary

0 - 6 years exp. (12 salaries)

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₹2.8 L/yr - ₹4.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹4.1 L/yr

arrow icon 21% less
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₹1.8 L/yr - ₹5.3 L/yr

arrow icon 4% less
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₹2.2 L/yr - ₹5 L/yr

arrow icon 5% more
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HDFC Life Financial Advisor Salary

1 - 7 years exp. (5 salaries)

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₹1.8 L/yr - ₹5 L/yr

arrow icon 7% less
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₹1.8 L/yr - ₹5.3 L/yr

arrow icon 9% less
ICICI Prudential Life Insurance Financial Advisor Salary and Career Growth

From

To

Financial Advisor

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0 - 7 years exp.

Senior Manager

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1 - 15 years exp.

Financial Advisor 0 - 7 years exp.
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Manager 2 - 14 years exp.
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arrow icon 124% hike
    Senior Manager 1 - 15 years exp.
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    arrow icon 136% 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.

    Latest annual salaries shared by ICICI Prudential Life Insurance Financial Advisor in Mumbai

    3w ago
    ₹4.2 Lakhs
    3 years exp.
    2mo ago
    ₹4.3 Lakhs
    5 months exp.
    7mo ago
    ₹3.5 Lakhs
    1 year exp.
    10mo ago
    ₹3.6 Lakhs
    4 years exp.

    ICICI Prudential Life Insurance Financial Advisor salaries by

    Years of experience Avg. annual salary
    Fresher (AmbitionBox Estimate)

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    ₹2.9 L/yr - ₹3.7 L/yr
    1 year  (6 salaries)

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    ₹2.8 L/yr - ₹3.7 L/yr
    2 years (AmbitionBox Estimate)

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    ₹3 L/yr - ₹3.9 L/yr
    3 years (AmbitionBox Estimate)

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    ₹3.1 L/yr - ₹3.9 L/yr
    4 years (AmbitionBox Estimate)

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    ₹3.1 L/yr - ₹4 L/yr
    View all salaries by experience

    Similar Designation Salaries at ICICI Prudential Life Insurance

    Similar Designation Avg. annual salary
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    ₹2.5 L/yr - ₹5.5 L/yr

    unlock-blur

    ₹3 L/yr - ₹12 L/yr

    unlock-blur

    ₹2 L/yr - ₹3.4 L/yr

    unlock-blur

    ₹3 L/yr - ₹3.7 L/yr

    What people are saying about ICICI Prudential Life Insurance

    View All
    pleasantfox
    1w
    works at
    ICICI Prudential Life Insurance
    Layoffs - Shall I escalate, Is it worth
    I was working for a company for 20 years, i did not have any HR or risk issues. Suddenly I am told to join sales sourcing role, I want to escalate to senior management. Is it right. We have 10-15% employee cost cut across all verticals. Company eventually wants them to resign
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    Salary related reviews for ICICI Prudential Life Insurance

    5.0

    Rated by 2 employees for salary & benefits

    Anna nagar Department

    1.0
      •  updated on 11 Mar 2022

    4.0
     for  Salary and Benefits

    Likes

    ..., you can't balance work and life, the manager force you to come on Sundays too. The good package you get starts itself. if you achieve the target you can get an incentive lot if you are interested in marketing, and if you have good talking skills, your highly recommended to join.

    read more
    • Salary - Good
    • +1 more

    Dislikes

    • Work satisfaction - Bad
    • Company culture - Bad
    • +1 more

    Full Time

     · 

    Customer Success, Service & Operations Department

    2.0
      •  updated 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
      •  updated 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
      •  updated 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
      •  updated 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.

    read more
    see more salary related reviews

    ICICI Prudential Life Insurance Financial Advisor Salary FAQs

    What is the salary of Financial Advisor at ICICI Prudential Life Insurance in Mumbai?
    The average salary of a Financial Advisor at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹2.8 Lakhs to ₹4.3 Lakhs per year, depending on experience (from Fresher to 6 years).

    The top 10% of Financial Advisor in Mumbai at ICICI Prudential Life Insurance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Financial Advisor 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 Financial Advisor at ICICI Prudential Life Insurance in Mumbai?
    The estimated take-home salary of a Financial Advisor at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹25,024 to ₹26,463 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from Fresher 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 Financial Advisor at ICICI Prudential Life Insurance in Mumbai?
    To be a Financial Advisor at ICICI Prudential Life Insurance in Mumbai, the key skills required include:

    • - Insurance
    • - Financial Advisory
    • - Brand Management
    • - Insurance Sales
    • - financial sales

    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 Financial Advisor in India?
    Axis Max Life Insurance ₹2.2 Lakhs to ₹5.0 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 Financial Advisor in companies similar to ICICI Prudential Life Insurance in Mumbai?
    The salary of a Financial Advisor 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:

    Kotak Mahindara Life Insurance ₹1.8 Lakhs to ₹5.3 Lakhs per year
    HDFC Life ₹1.8 Lakhs to ₹5.0 Lakhs per year
    Aditya Birla Sun Life Insurance ₹1.8 Lakhs to ₹5.3 Lakhs per year
    Life Insurance Corporation of India ₹2.0 Lakhs to ₹4.1 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 Financial Advisor at ICICI Prudential Life Insurance in Mumbai?
    The salary growth for a Financial Advisor at ICICI Prudential Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Financial Advisor in Mumbai can expect the following growth trajectory at ICICI Prudential Life Insurance:

    Experience Average Salary Range
    Fresher ₹2.9 Lakhs to ₹3.7 Lakhs per year
    1 year ₹2.8 Lakhs to ₹3.7 Lakhs per year
    2 years ₹3.0 Lakhs to ₹3.9 Lakhs per year
    3 years ₹3.1 Lakhs to ₹3.9 Lakhs per year
    and so on.

    Tell us how to improve this page.

    ICICI Prudential Life Insurance Financial Advisor salary in Mumbai ranges between ₹2.8 Lakhs to ₹4.3 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.