ICICI Prudential Life Insurance Mumbai Financial Service Manager Salaries by 60+ Employees (Updated 2025)

0 - 6 years exp.

₹2.7 Lakhs - ₹4.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Financial Service Manager Salary in Insurance Companies for 0 - 6 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Financial Service Manager Salary 0 - 5 years exp. (19 salaries)	₹2.8 L/yr - ₹3.9 L/yr
Sales & Business Development Financial Service Manager Salary 0 - 6 years exp. (15 salaries)	₹3.2 L/yr - ₹4.3 L/yr
Login to view exact salary
Customer Success, Service & Operations Financial Service Manager Salary 0 - 5 years exp. (8 salaries)	₹2.8 L/yr - ₹4 L/yr
Finance & Accounting Financial Service Manager Salary 0 - 6 years exp. (6 salaries)	₹2.9 L/yr - ₹3.9 L/yr
Marketing & Communication Financial Service Manager Salary 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 5 Apr 2025

Companies similar to ICICI Prudential Life Insurance for Financial Service Manager in Mumbai

ICICI Prudential Life Insurance Financial Service Manager Salary

0 - 6 years exp. (69 salaries)

₹2.7 L/yr - ₹4.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Mehta Wealth Financial Service Manager Salary 4 - 7 years exp. (3 salaries)	₹3.6 L/yr - ₹4.7 L/yr 10% more
Login to view exact salary
Future Generali India Life Insurance Financial Service Manager Salary 5 - 6 years exp. (3 salaries)	₹4.5 L/yr - ₹4.8 L/yr 25% more	2 job openings

Financial Service Manager salary at ICICI Prudential Life Insurance ranges between ₹2.7 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 69 latest salaries received from various employees of ICICI Prudential Life Insurance.

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

3d ago

₹3 Lakhs

2 years exp.

2w ago

₹4 Lakhs

5 years exp.

2mo ago

₹3.8 Lakhs

1 year exp.

5mo ago

₹3.9 Lakhs

5 years exp.

6mo ago

₹3.5 Lakhs

2 months exp.

8mo ago

2 years exp.

8mo ago

6 years exp.

8mo ago

4 years exp.

9mo ago

1 year exp.

9mo ago

5 years exp.

Experience wise ICICI Prudential Life Insurance Financial Service Manager salaries in Mumbai

Last Updated: 5 Apr 2025

Experience	Avg Annual Salary
Fresher (7 salaries)	₹2.7 L/yr - ₹6.2 L/yr
1 year (5 salaries)	₹3 L/yr - ₹4 L/yr
Login to view exact salary
2 years (20 salaries)	₹2.8 L/yr - ₹4.1 L/yr
3 years (15 salaries)	₹2.8 L/yr - ₹4 L/yr
4 years (8 salaries)	₹3 L/yr - ₹4.1 L/yr
5 years (12 salaries)	₹3 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr

View all

From

Financial Service Manager

₹

Lakhs/yr

0 - 7 years exp.

Regional Manager

₹

Lakhs/yr

15 - 22 years exp.

Financial Service Manager

0 - 7 years exp.

Sales Manager

0 - 12 years exp.

93% hike

Area Manager

1 - 17 years exp.

42% hike

From

View 4 more levels

Financial Service Manager

0 - 7 years exp.

Senior Manager

0 - 9 years exp.

From

View 4 more levels

Financial Service Manager

0 - 7 years exp.

Chief Manager

9 - 22 years exp.

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.

Similar Designation salaries in ICICI Prudential Life Insurance

Financial Service Consultant Salary

(256 salaries)

₹2 L/yr - ₹4.75 L/yr

Senior Associate Salary

(186 salaries)

₹2.5 L/yr - ₹5.3 L/yr

Unit Manager Salary

(92 salaries)

₹2 L/yr - ₹4 L/yr

MIS Executive Salary

(87 salaries)

₹1.4 L/yr - ₹4.5 L/yr

Associate Key Relationship Manager Salary

(67 salaries)

₹4 L/yr - ₹6.1 L/yr

Area Manager Salary

(50 salaries)

₹7 L/yr - ₹12 L/yr

Management Trainee Salary

(42 salaries)

₹5 L/yr - ₹8 L/yr

Business Trainee Salary

(36 salaries)

₹4 L/yr - ₹6 L/yr

Sales Executive Salary

(15 salaries)

₹2 L/yr - ₹3.8 L/yr

Financial Advisor Salary

(13 salaries)

₹2 L/yr - ₹6 L/yr

Salary related reviews for ICICI Prudential Life Insurance

3.9

Rated by 15 employees for salary & benefits

Financial Service Manager in Mumbai

Other Department

1.0

• posted on 09 Dec 2020

1.0

for Salary and Benefits

Likes

There is too much pressure on insurance n less help ...people think they have purchased the employee giving them salary ...slogging at work ...unbeatable target so that incentive is not earned.

Dislikes

No not at all

Salary - Bad

+6 more

Financial Service Manager in Ludhiana

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 10 Aug 2023

3.0

for Salary and Benefits

Likes

Icici Prudential life is good for success in employees career. I like company facilities provident fund system.

Skill development - Good

+4 more

Dislikes

I dislike Resignation system. Because when I need immediately resign so company paid system not good my 10days salary not get because I gave immediate resign that is not true.

Financial Service Manager

Other Department

4.0

• posted on 12 Mar 2019

4.0

for Salary and Benefits

Likes

Work environment was incredible and Management was good my salary package was about 2 lakh per annum. I didn't want to leave this job but unfortunately it happened spontaneously. Back one month I met with an accident through my bike. The doctor said to me that I need to take rest...

Salary - Good

+4 more

Dislikes

Excellent

Financial Service Consultant in Salem

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Jan 2025

3.0

for Salary and Benefits

Likes

Icici prudential is basically good company .It gives good salary for freshers.

Dislikes

Company wise icici is very good. But salem branch is very worst for managers support There is a lots of politics.seniors not help for juniors especially ANAND (ARM) PSF channel is help to senior only. Anand give only 6month time for begineers .After 6 months They don't give a business he compale for the separation . HR wise no action for anand.

Skill development - Bad

+3 more

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted 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.

Skill development - Bad

+5 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about ICICI Prudential Life Insurance?

Ask anonymously on communities.

ICICI Prudential Life Insurance Financial Service Manager Salary FAQs

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

The average salary of a Financial Service Manager at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹2.7 Lakhs to ₹4.3 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Financial Service Manager in Mumbai at ICICI Prudential Life Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Financial Service 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 60+ ICICI Prudential Life Insurance employees in India.

What is the estimated take home salary of a Financial Service Manager at ICICI Prudential Life Insurance in Mumbai?

The estimated take-home salary of a Financial Service Manager at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹27,144 to ₹28,551 per month. This is based on the average salary range of ₹2.7 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 60+ salaries received from various employees of ICICI Prudential Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ICICI Prudential Life Insurance for Financial Service Manager in India?

Future Generali India Life Insurance	₹4.5 Lakhs to ₹4.8 Lakhs per year
Mehta Wealth	₹3.6 Lakhs to ₹4.7 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 Financial Service Manager at ICICI Prudential Life Insurance in Mumbai?

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

Experience	Average Salary Range
Fresher	₹2.7 Lakhs to ₹6.2 Lakhs per year
1 year	₹3.0 Lakhs to ₹4.0 Lakhs per year
2 years	₹2.8 Lakhs to ₹4.1 Lakhs per year
3 years	₹2.8 Lakhs to ₹4.0 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
ICICI Prudential Life Insurance Salaries >
ICICI Prudential Life Insurance Financial Service Manager Salaries >
ICICI Prudential Life Insurance Financial Service Manager Salaries in Mumbai

ICICI Prudential Life Insurance Financial Service Manager salary in Mumbai ranges between ₹2.7 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 69 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

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

Companies similar to ICICI Prudential Life Insurance for Financial Service Manager in Mumbai

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

Experience wise ICICI Prudential Life Insurance Financial Service Manager salaries in Mumbai

Similar Designation salaries in ICICI Prudential Life Insurance

Salary related reviews for ICICI Prudential Life Insurance

Financial Service Manager in Mumbai

Financial Service Manager in Ludhiana

Financial Service Manager

Financial Service Consultant in Salem

Senior Associate in Mumbai

ICICI Prudential Life Insurance Financial Service Manager Salary FAQs

Tell us how to improve this page.