ICICI Prudential Life Insurance Mumbai HR Manager Salaries by 8 Employees

1 - 6 years exp.

₹8.5 Lakhs - ₹22 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average HR Manager Salary in Insurance Companies for 1 - 6 years of experience

Interested in this particular role?

Last Updated: 2 Aug 2024

Companies similar to ICICI Prudential Life Insurance for HR Manager in Mumbai

ICICI Prudential Life Insurance HR Manager Salary

1 - 6 years exp. (8 salaries)

₹8.5 L/yr - ₹22 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company HR Manager Salary 1 - 10 years exp. (33 salaries)	₹4 L/yr - ₹10 L/yr 49% less
HDFC Life HR Manager Salary 1 - 10 years exp. (21 salaries)	₹9 L/yr - ₹21 L/yr 5% less	1 job opening
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SBI Life Insurance Company HR Manager Salary 4 - 16 years exp. (13 salaries)	₹8.5 L/yr - ₹16 L/yr 18% less
HDFC Ergo General Insurance HR Manager Salary 1 - 18 years exp. (11 salaries)	₹7 L/yr - ₹15 L/yr 20% less
Kotak Mahindara Life Insurance HR Manager Salary 6 - 12 years exp. (11 salaries)	₹3.6 L/yr - ₹7.5 L/yr 61% less
Tata AIA Life Insurance HR Manager Salary 9 - 14 years exp. (8 salaries)	₹13 L/yr - ₹20 L/yr 20% more
Aditya Birla Sun Life Insurance HR Manager Salary 2 - 8 years exp. (5 salaries)	₹5.8 L/yr - ₹15 L/yr 8% less
Bajaj Allianz Life Insurance HR Manager Salary 2 - 6 years exp. (5 salaries)	₹15 L/yr - ₹16 L/yr 17% more
Axis Max Life Insurance HR Manager Salary 8 - 14 years exp. (4 salaries)	₹10.3 L/yr - ₹17 L/yr 15% more
SBI General Insurance HR Manager Salary 5 - 9 years exp. (4 salaries)	₹8.4 L/yr - ₹9 L/yr 34% less

HR Manager salary at ICICI Prudential Life Insurance ranges between ₹8.5 Lakhs to ₹22 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 8 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance HR Manager salaries in Mumbai

Last Updated: 2 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
2 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
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3 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
4 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
5 years (3 salaries)	₹10 L/yr - ₹22 L/yr
6 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 L/yr

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Similar Designation salaries in ICICI Prudential Life Insurance

Senior Manager Administration Salary

(10 salaries)

₹10.85 L/yr - ₹18 L/yr

Senior Manager-HR Salary

(9 salaries)

₹10 L/yr - ₹19 L/yr

Administration Executive Salary

(4 salaries)

₹2.4 L/yr - ₹2.9 L/yr

Top skills at ICICI Prudential Life Insurance for HR Manager

Human Resource Management HR Generalist Activities Recruitment IBS Head Hunting

Salary related reviews for ICICI Prudential Life Insurance

3.0

Rated by 2 employees for salary & benefits

Administration Coordinator in Hubli

Full Time

Administration & Facilities Department

5.0

• posted on 12 Mar 2019

4.0

for Salary and Benefits

Likes

Working in ICICI prudential Life insurance is like being with family members experience, employees are supportive,friendly,and most of all they identify and appreciate small small things about our work,by handling 11 ROK loc I m able to work more innovative and fast work

Salary - Good

+5 more

Dislikes

I'm working in ICICI prudential Life insurance but offrole employee,No bonus,no salary hike,have to work late but no OT salary,won't give salary

Administration Coordinator in Jabalpur

Administration & Facilities Department

5.0

• posted on 25 May 2022

4.0

for Salary and Benefits

Likes

I like the environment of ipru here the seniors and Junior's work together to achieve the organizational goals and also the managers of all the channels were guides and teaches politely that how to work and handle their customers in any situations.

Salary - Good

+6 more

Dislikes

...ties and also makes them more loyal towards their work and also for the company. Good pay also increase there working capacity.

Senior Financial Service Manager in Lucknow

Full Time

Sales & Business Development Department

5.0

• posted on 04 Mar 2025

5.0

for Salary and Benefits

Likes

The work-life balance here is good, and the salary and promotions are also rewarding. This makes ICICI Prudential Life the best company for us.

Salary - Excellent

+6 more

Dislikes

There is nothing that would make us say we dislike ICICI Prudential LIC LTD...

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

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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ICICI Prudential Life Insurance HR Manager Salary FAQs

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

The average salary of a HR Manager at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹8.5 Lakhs to ₹22.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of HR Manager in Mumbai at ICICI Prudential Life Insurance earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. HR 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 8 ICICI Prudential Life Insurance employees in India.

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

The estimated take-home salary of a HR Manager at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹93,451 to ₹95,961 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from 1 year 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 8 salaries received from various employees of ICICI Prudential Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a HR Manager at ICICI Prudential Life Insurance in Mumbai?

To be a HR Manager at ICICI Prudential Life Insurance in Mumbai, the key skills required include:

- Human Resource Management
- HR Generalist Activities
- Recruitment
- IBS
- Head Hunting

These skills are highly valued at ICICI Prudential Life Insurance and are crucial for successful performance in a Software Engineering role.

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

Tata AIA Life Insurance	₹13.0 Lakhs to ₹20.0 Lakhs per year
Bajaj Allianz Life Insurance	₹15.0 Lakhs to ₹16.0 Lakhs per year
Axis Max Life Insurance	₹10.3 Lakhs to ₹17.0 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.

What is the salary of a HR Manager in companies similar to ICICI Prudential Life Insurance in Mumbai?

The salary of a HR Manager at companies similar to ICICI Prudential Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life	₹9.0 Lakhs to ₹21.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹5.8 Lakhs to ₹15.0 Lakhs per year
SBI Life Insurance Company	₹8.5 Lakhs to ₹16.0 Lakhs per year
HDFC Ergo General Insurance	₹7.0 Lakhs to ₹15.0 Lakhs per year
SBI General Insurance	₹8.4 Lakhs to ₹9.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a HR Manager at ICICI Prudential Life Insurance in Mumbai?

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

Experience	Average Salary Range
1 year	₹10.6 Lakhs to ₹13.5 Lakhs per year
2 years	₹10.9 Lakhs to ₹13.9 Lakhs per year
3 years	₹11.2 Lakhs to ₹14.3 Lakhs per year
4 years	₹11.5 Lakhs to ₹14.7 Lakhs per year

and so on.

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ICICI Prudential Life Insurance HR Manager Salaries in Mumbai

ICICI Prudential Life Insurance HR Manager salary in Mumbai ranges between ₹8.5 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.