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ICICI Prudential Life Insurance Financial Associate salaries in Mumbai

Annual salary range
4 - 6 years exp.
₹2.9 Lakhs - ₹3.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Last Updated: 16 Mar 2023

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ICICI Prudential Life Insurance Financial Associate Salary

4 - 6 years exp. (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr

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1 job opening
Financial Associate salary at ICICI Prudential Life Insurance ranges between ₹2.9 Lakhs to ₹3.7 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 2 latest salaries received from various employees of ICICI Prudential Life Insurance.

Similar Designation salaries in ICICI Prudential Life Insurance

Senior Associate Salary
(182 salaries)
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₹2.5 L/yr - ₹5.3 L/yr
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₹5 L/yr - ₹9.6 L/yr
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₹3 L/yr - ₹3.7 L/yr
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₹2 L/yr - ₹3.36 L/yr
Team Lead Salary
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Salary related reviews for ICICI Prudential Life Insurance

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.

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.

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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.!!☺️

read 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
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ICICI Prudential Life Insurance Financial Associate Salary FAQs

What is the notice period for Financial Associate at ICICI Prudential Life Insurance in Mumbai?
According to AmbitionBox, 100% of the ICICI Prudential Life Insurance Financial Associates in Mumbai reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Financial Associate salary in Mumbai ranges between ₹2.9 Lakhs to ₹3.7 Lakhs. This is an estimate based on latest salaries received from employees of ICICI Prudential Life Insurance.