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4.1

based on 6k Reviews

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ICICI Prudential Life Insurance Financial Consultant salaries in Mumbai

Annual salary range
0 - 3 years exp.
₹2.4 Lakhs - ₹4.2 Lakhs
Salary of majority employees
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39% less than the average Financial Consultant Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Financial Consultant Salary
0 - 3 years exp. (10 salaries)
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₹2.4 L/yr - ₹3.5 L/yr

BFSI, Investments & Trading
Financial Consultant Salary
0 - 2 years exp. (5 salaries)
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₹2.7 L/yr - ₹4.2 L/yr

Finance & Accounting
Financial Consultant Salary
0 - 3 years exp. (5 salaries)
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₹2.5 L/yr - ₹3.4 L/yr

Marketing & Communication
Financial Consultant Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4 L/yr

Sales & Business Development
Financial Consultant Salary
0 - 3 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹3.6 L/yr

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Last Updated: 18 Dec 2024

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

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ICICI Prudential Life Insurance Financial Consultant Salary

0 - 3 years exp. (34 salaries)

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₹2.4 L/yr - ₹4.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Eisneramper LLP Financial Consultant Salary

0 - 3 years exp. (28 salaries)

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₹5 L/yr - ₹12.5 L/yr

arrow icon 152% more
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Capgemini Financial Consultant Salary

2 - 10 years exp. (15 salaries)

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₹5 L/yr - ₹13.2 L/yr

arrow icon 174% more
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LTIMindtree Financial Consultant Salary

0 - 10 years exp. (12 salaries)

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₹5.5 L/yr - ₹15.1 L/yr

arrow icon 192% more
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₹2.2 L/yr - ₹4.4 L/yr

arrow icon 1% less
1 job opening
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₹6.5 L/yr - ₹10 L/yr

arrow icon 171% more
Financial Consultant salary at ICICI Prudential Life Insurance ranges between ₹2.4 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 34 latest salaries received from various employees of ICICI Prudential Life Insurance.

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

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Experience wise ICICI Prudential Life Insurance Financial Consultant salaries in Mumbai

Last Updated: 18 Dec 2024

Experience Avg Annual Salary
Fresher  (8 salaries)

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₹2.8 L/yr - ₹3.5 L/yr
1 year  (14 salaries)

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₹2.4 L/yr - ₹3.8 L/yr
2 years  (8 salaries)

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₹2.8 L/yr - ₹4.2 L/yr
3 years  (4 salaries)

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₹2.5 L/yr - ₹3.6 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

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₹3 L/yr - ₹12 L/yr
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₹3 L/yr - ₹3.7 L/yr
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₹2 L/yr - ₹3.36 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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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.

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direct marketing Department

4.0
  •  posted on 08 Aug 2017

4.0
 for  Salary and Benefits

Likes

management of pru exlance nd wonderfully they motivate you extra bonus with salary permotion good for cureer it is a brand and 1 no in insurancec company market

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Dislikes

they never look effort they only see number of business and very stricktly abt it.so it was very rood nd pressurised by company nd your senior manager never help even you hav good lead . if you work with pru you hav to consertrain on you work nver listen just work on you lead achive you target so naver depend on other .

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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

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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

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ICICI Prudential Life Insurance Financial Consultant Salary FAQs

What is the salary of Financial Consultant at ICICI Prudential Life Insurance Mumbai?
Financial Consultant salary at ICICI Prudential Life Insurance in Mumbai ranges between ₹2.4 Lakhs to ₹4.2 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 39% less than the average Financial Consultant Salary in India. Salary estimates are based on 34 latest salaries received from various employees of ICICI Prudential Life Insurance Mumbai.
How does the salary of a Financial Consultant at ICICI Prudential Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Financial Consultant at ICICI Prudential Life Insurance is 39% less than the average salary of a Financial Consultant in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Financial Consultant in Mumbai?
  • LTIMindtree Financial Consultant Salary - ₹5.5 Lakhs to ₹15.1 Lakhs per year
  • Capgemini Financial Consultant Salary - ₹5.0 Lakhs to ₹13.2 Lakhs per year
  • Eisneramper (india) Consultant Financial Consultant Salary - ₹6.5 Lakhs to ₹10.0 Lakhs per year
  • Eisneramper LLP Financial Consultant Salary - ₹5.0 Lakhs to ₹12.5 Lakhs per year
What is the salary of a Financial Consultant in companies similar to ICICI Prudential Life Insurance in Mumbai?
  • Geojit Financial Services Financial Consultant Salary - ₹2.2 Lakhs to ₹4.4 Lakhs per year
What is the estimated take home salary of a Financial Consultant at ICICI Prudential Life Insurance in Mumbai?
The estimated take-home salary of a Financial Consultant at ICICI Prudential Life Insurance ranges between ₹24,707 per month to ₹26,150 per month in Mumbai. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Financial Consultant salary in India which ranges between ₹2.4 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?
What is the notice period for Financial Consultant at ICICI Prudential Life Insurance in Mumbai?
According to AmbitionBox, 76% of the ICICI Prudential Life Insurance Financial Consultants in Mumbai reported a notice period of 1 Month, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 25 responses on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Financial Consultant salary in Mumbai ranges between ₹2.4 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 34 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.