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ICICI Prudential Life Insurance Graduate Management Trainee salaries in India

Annual salary range
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₹4.7 Lakhs - ₹5.8 Lakhs
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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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12% less than the average Graduate Management Trainee Salary in Insurance Companies for Fresher

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Last Updated: 17 Oct 2020

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Graduate Management Trainee salary at ICICI Prudential Life Insurance ranges between ₹4.7 Lakhs to ₹5.8 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 3 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Graduate Management Trainee salaries

Last Updated: 17 Oct 2020

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹5.3 L/yr - ₹5.3 L/yr

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Salary related reviews for ICICI Prudential Life Insurance

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 16 Jul 2024

4.0
 for  Salary and Benefits

Likes

Um it's overall things like salary and atmosphere is good but internal pressure is high

read more

Dislikes

I lost a lot amount for gifting things in bank to employees but not a single bill pass or approval done my manager that's the bad thing ig

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 05 Oct 2024

4.0
 for  Salary and Benefits

Likes

HR team are too supportive the best HR team ever, company provides good bonus, incentives.

read more

Dislikes

The working culture in the direct marketing channel is particularly poor, characterized by various unprofessional behaviors and practices.

read more

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

 · 

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.

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.

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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

read more
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ICICI Prudential Life Insurance Graduate Management Trainee salary in India ranges between ₹4.7 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.