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based on 6k Reviews

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ICICI Prudential Life Insurance Financial Associate salaries in India

Annual salary range
0 - 6 years exp.
₹2.5 Lakhs - ₹4 Lakhs
Salary of majority employees
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32% less than the average Financial Associate Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Financial Associate Salary
2 - 5 years exp. (6 salaries)
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₹2.5 L/yr - ₹4 L/yr

Customer Success, Service & Operations
Financial Associate Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.5 L/yr

Finance & Accounting
Financial Associate Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.3 L/yr

Sales & Business Development
Financial Associate Salary
6 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.5 L/yr

Last Updated: 24 Aug 2024

Companies similar to ICICI Prudential Life Insurance for Financial Associate

Company name Avg Annual Salary Open Jobs
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HDFC Life Financial Associate Salary

1 - 5 years exp. (5 salaries)

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₹2 L/yr - ₹4.2 L/yr

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₹5 L/yr - ₹6 L/yr

arrow icon 76% more
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₹1.8 L/yr - ₹3.2 L/yr

arrow icon 16% less
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XL Catlin Financial Associate Salary

2 - 6 years exp. (13 salaries)

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₹4.6 L/yr - ₹6.7 L/yr

arrow icon 62% more
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Gallagher Financial Associate Salary

0 - 1 year exp. (5 salaries)

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₹2.2 L/yr - ₹3.4 L/yr

arrow icon 21% less
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Swiss Re Financial Associate Salary

5 - 8 years exp. (4 salaries)

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₹13 L/yr - ₹20 L/yr

arrow icon 408% more
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AIG Financial Associate Salary

2 - 5 years exp. (3 salaries)

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₹4 L/yr - ₹5.2 L/yr

arrow icon 38% more
Financial Associate salary at ICICI Prudential Life Insurance ranges between ₹2.5 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 20 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Financial Associate

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Experience wise ICICI Prudential Life Insurance Financial Associate salaries

Last Updated: 24 Aug 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3 L/yr - ₹5.5 L/yr
1 year (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr
2 years  (5 salaries)

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₹2.7 L/yr - ₹3.5 L/yr
3 years  (3 salaries)

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₹2.5 L/yr - ₹3.3 L/yr
4 years  (4 salaries)

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₹3 L/yr - ₹4 L/yr
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Similar Designation salaries in ICICI Prudential Life Insurance

Senior Associate Salary
(286 salaries)
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₹2.5 L/yr - ₹5.3 L/yr
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₹2.4 L/yr - ₹3.8 L/yr
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₹2.5 L/yr - ₹5.98 L/yr
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₹2 L/yr - ₹3.5 L/yr
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₹5 L/yr - ₹5.2 L/yr
Analyst Salary
(3 salaries)
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₹7 L/yr - ₹8.29 L/yr
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₹3 L/yr - ₹4.8 L/yr
Senior Analyst Salary
(5 salaries)
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₹2.8 L/yr - ₹6.19 L/yr
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₹4.5 L/yr - ₹9.6 L/yr
Team Lead Salary
(24 salaries)
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₹1.5 L/yr - ₹8.75 L/yr

Salary related reviews for ICICI Prudential Life Insurance

4.9

Rated by 5 employees for salary & benefits

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.

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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.

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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

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

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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.

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Marketing & Communication Department

1.0
  •  posted on 26 Mar 2021

2.0
 for  Salary and Benefits

Likes

- Allowances are good. - Salary comes on time.

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

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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.!!☺️

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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
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ICICI Prudential Life Insurance Financial Associate Salary FAQs

What is the salary of Financial Associate at ICICI Prudential Life Insurance?
Financial Associate salary at ICICI Prudential Life Insurance in India ranges between ₹2.5 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 32% less than the average Financial Associate Salary in India. Salary estimates are based on 20 latest salaries received from various employees of ICICI Prudential Life Insurance India.
How does the salary of a Financial Associate at ICICI Prudential Life Insurance India compare with the average salary range for this job?
The average salary of a Financial Associate at ICICI Prudential Life Insurance is 32% less than the average salary of a Financial Associate in India. To know exact salary insights, login to view.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Financial Associate in India?
  • Swiss Re Financial Associate Salary - ₹13.0 Lakhs to ₹20.0 Lakhs per year
  • Life Insurance Corporation of India Financial Associate Salary - ₹5.0 Lakhs to ₹6.0 Lakhs per year
  • XL Catlin Financial Associate Salary - ₹4.6 Lakhs to ₹6.7 Lakhs per year
  • AIG Financial Associate Salary - ₹4.0 Lakhs to ₹5.2 Lakhs per year
What is the salary of a Financial Associate in companies similar to ICICI Prudential Life Insurance in India?
  • HDFC Life Financial Associate Salary - ₹2.0 Lakhs to ₹4.2 Lakhs per year
  • Kotak Mahindara Life Insurance Financial Associate Salary - ₹1.8 Lakhs to ₹3.2 Lakhs per year
  • Gallagher Financial Associate Salary - ₹2.2 Lakhs to ₹3.4 Lakhs per year
What is the estimated take home salary of a Financial Associate at ICICI Prudential Life Insurance in India?
The estimated take-home salary of a Financial Associate at ICICI Prudential Life Insurance ranges between ₹22,889 per month to ₹24,360 per month in India. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Financial Associate salary in India which ranges between ₹2.5 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Financial Associate at ICICI Prudential Life Insurance?
According to AmbitionBox, 65% of the ICICI Prudential Life Insurance Financial Associates reported a notice period of 1 Month, 23% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Prudential Life Insurance Financial Associate salary in India ranges between ₹2.5 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.