ICICI Prudential Life Insurance Insurance Consultant Salaries by 4 Employees

0 - 2 years exp.

₹2.5 Lakhs - ₹2.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

9% less than the average Insurance Consultant Salary in Insurance Companies for 0 - 2 years of experience

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Last Updated: 28 May 2023

Companies similar to ICICI Prudential Life Insurance for Insurance Consultant

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Insurance Consultant Salary 0 - 8 years exp. (91 salaries)	₹0.6 L/yr - ₹6 L/yr 3% more
Life Insurance Corporation of India Insurance Consultant Salary 1 - 7 years exp. (8 salaries)	₹1.5 L/yr - ₹4 L/yr 11% less
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Reliance Nippon Life Insurance Insurance Consultant Salary 1 - 8 years exp. (5 salaries)	₹1.2 L/yr - ₹2 L/yr 43% less
Tata AIA Life Insurance Insurance Consultant Salary 4 - 20 years exp. (4 salaries)	₹3.5 L/yr - ₹7 L/yr 88% more
ICICI Lombard General Insurance Company Insurance Consultant Salary 1 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹7.2 L/yr 75% more
The New India Assurance Co. Insurance Consultant Salary 0 - 6 years exp. (4 salaries)	₹0.5 L/yr - ₹1 L/yr 71% less
The Oriental Insurance Co. Insurance Consultant Salary 4 - 14 years exp. (4 salaries)	₹1.1 L/yr - ₹5 L/yr 19% more
HDFC Life Insurance Consultant Salary 0 - 4 years exp. (4 salaries)	₹1 L/yr - ₹2.8 L/yr 22% less
Star Health & Allied Insurance Insurance Consultant Salary 2 - 7 years exp. (4 salaries)	₹1.1 L/yr - ₹3 L/yr 18% less
Aditya Birla Sun Life Insurance Insurance Consultant Salary 0 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 27% less
United India Insurance Company Insurance Consultant Salary 0 - 2 years exp. (3 salaries)	₹1 L/yr - ₹3 L/yr 39% less
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Insurance Consultant salary at ICICI Prudential Life Insurance ranges between ₹2.5 Lakhs to ₹2.9 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Insurance Consultant salaries

Last Updated: 28 May 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr

From

Insurance Consultant

0 - 2 years exp.

Trainer

3 - 6 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.

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Salary related reviews for ICICI Prudential Life Insurance

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

Sales Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 17 Jan 2023

3.0

for Salary and Benefits

Likes

Skill development Salary and benefits

Skill development - Good

+1 more

Dislikes

No dislikes but everything depends on the manager you report and the channel you get in this company. If your in partner handling channel . Your manager will give so much respect and importance to the partner but not you . He will not understand your problem .

Promotions - Poor

+1 more

Relationship Manager in Saharsa

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.

Salary - Excellent

+6 more

Sales Manager in Kolkata

BFSI, Investments & Trading Department

5.0

• posted on 15 Jul 2021

5.0

for Salary and Benefits

Likes

Digital process , Good work environment and culture, teammates are supportive and the management is transparent.

Salary - Excellent

+6 more

Dislikes

Low salary compare to others company in same industry,now a days there is a lot of politics

Relationship Manager in Mumbai

Marketing & Communication Department

1.0

• posted on 26 Mar 2021

2.0

for Salary and Benefits

Likes

- Allowances are good. - Salary comes on time.

Job security - Good

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

Salary - Poor

+4 more

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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?

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ICICI Prudential Life Insurance Insurance Consultant Salary FAQs

What is the salary of Insurance Consultant at ICICI Prudential Life Insurance ?

The average salary of a Insurance Consultant at ICICI Prudential Life Insurance in India typically ranges from ₹2.5 Lakhs to ₹2.9 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Insurance Consultant at ICICI Prudential Life Insurance earn more than ₹2.6 Lakhs per year, and the top 1% earn over ₹2.6 Lakhs per year. Insurance Consultant 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 4 ICICI Prudential Life Insurance employees in India.

What is the estimated take home salary of a Insurance Consultant at ICICI Prudential Life Insurance in India?

The estimated take-home salary of a Insurance Consultant at ICICI Prudential Life Insurance in India typically ranges from ₹19,329 to ₹21,002 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹2.9 Lakhs per year for employees with experience ranging from Fresher to 2 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 4 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 Insurance Consultant in India?

Tata AIA Life Insurance	₹3.5 Lakhs to ₹7.0 Lakhs per year
ICICI Lombard General Insurance Company	₹2.5 Lakhs to ₹7.2 Lakhs per year
The Oriental Insurance Co.	₹1.1 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz Life Insurance	₹0.6 Lakhs to ₹6.0 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 Insurance Consultant in companies similar to ICICI Prudential Life Insurance in India?

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

Life Insurance Corporation of India	₹1.5 Lakhs to ₹4.0 Lakhs per year
Star Health & Allied Insurance	₹1.1 Lakhs to ₹3.0 Lakhs per year
HDFC Life	₹1.0 Lakhs to ₹2.8 Lakhs per year
Aditya Birla Sun Life Insurance	₹1.8 Lakhs to ₹2.3 Lakhs per year
United India Insurance Company	₹1.0 Lakhs to ₹3.0 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 Insurance Consultant at ICICI Prudential Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹2.3 Lakhs to ₹2.9 Lakhs per year
1 year	₹2.4 Lakhs to ₹3.0 Lakhs per year
2 years	₹2.5 Lakhs to ₹3.1 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Insurance Consultant Salaries

ICICI Prudential Life Insurance Insurance Consultant salary in India ranges between ₹2.5 Lakhs to ₹2.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.