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ICICI Prudential Life Insurance Insurance Executive salaries in India

Annual salary range
1 - 5 years exp.
₹2.4 Lakhs - ₹4 Lakhs
Salary of majority employees
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33% more than the average Insurance Executive Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Insurance Executive Salary
1 - 5 years exp. (7 salaries)
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₹2.4 L/yr - ₹4 L/yr

Human Resources
Insurance Executive Salary
3 - 5 years exp. (3 salaries)
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₹3.2 L/yr - ₹3.4 L/yr

Sales & Business Development
Insurance Executive Salary
4 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4 L/yr

Last Updated: 16 Aug 2024

Companies similar to ICICI Prudential Life Insurance for Insurance Executive

Company name Avg Annual Salary Open Jobs
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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 27% less
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HDFC Life Insurance Executive Salary

1 - 4 years exp. (23 salaries)

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₹1.6 L/yr - ₹4.5 L/yr

arrow icon 5% less
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₹1.6 L/yr - ₹4.7 L/yr

arrow icon 16% less
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₹2 L/yr - ₹5 L/yr

arrow icon 1% less
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₹1.4 L/yr - ₹3.7 L/yr

arrow icon 43% less
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₹1 L/yr - ₹3.2 L/yr

arrow icon 34% less
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₹2 L/yr - ₹6 L/yr

arrow icon 9% less
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PNB MetLife Insurance Executive Salary

1 - 11 years exp. (9 salaries)

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₹3.2 L/yr - ₹4.5 L/yr

arrow icon 3% more
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₹1.1 L/yr - ₹4.5 L/yr

arrow icon 11% less
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₹2.3 L/yr - ₹3 L/yr

arrow icon 21% less
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₹2 L/yr - ₹2.6 L/yr

arrow icon 24% less
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₹2.5 L/yr - ₹5.5 L/yr

arrow icon 4% less
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Gallagher Insurance Executive Salary

0 - 5 years exp. (5 salaries)

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₹0.6 L/yr - ₹5.5 L/yr

arrow icon 16% less
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₹2.9 L/yr - ₹4.5 L/yr

arrow icon 2% less
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₹1.8 L/yr - ₹10.1 L/yr

arrow icon 68% more
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₹2.4 L/yr - ₹3 L/yr

arrow icon 19% less
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₹1.2 L/yr - ₹2.4 L/yr

arrow icon 46% less
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₹1.3 L/yr - ₹3 L/yr

arrow icon 19% less
Insurance Executive salary at ICICI Prudential Life Insurance ranges between ₹2.4 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 18 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Insurance Executive

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Experience wise ICICI Prudential Life Insurance Insurance Executive salaries

Last Updated: 16 Aug 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.8 L/yr
2 years  (5 salaries)

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₹2.4 L/yr - ₹3.4 L/yr
3 years  (3 salaries)

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₹3 L/yr - ₹6.1 L/yr
4 years  (7 salaries)

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₹2.4 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

Sales Executive Salary
(149 salaries)
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₹1.1 L/yr - ₹5.55 L/yr
MIS Executive Salary
(125 salaries)
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₹1.4 L/yr - ₹4.5 L/yr
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₹1 L/yr - ₹3.06 L/yr
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₹1.7 L/yr - ₹3.6 L/yr
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₹1.2 L/yr - ₹2.76 L/yr
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₹1.55 L/yr - ₹4.8 L/yr
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₹1.2 L/yr - ₹3.25 L/yr
Office Assistant Salary
(AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr
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₹1.45 L/yr - ₹2.5 L/yr
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₹1.8 L/yr - ₹2.5 L/yr

Salary related reviews for ICICI Prudential Life Insurance

4.5

Rated by 4 employees for salary & benefits

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.

read more
  • Skill development - Bad
  • +5 more

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.

read more
  • Salary - Excellent
  • +6 more

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

read more
  • Salary - Poor
  • +4 more

Customer Success, Service & Operations Department

4.0
  •  posted on 20 Aug 2020

4.0
 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.

read more
  • Salary - Good
  • +4 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2years before which you cannot resign. On the job training is not given to new joinees.

read more

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.!!☺️

read more
  • Salary - Excellent
  • +6 more

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.

read more
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ICICI Prudential Life Insurance Insurance Executive Salary FAQs

What is the salary of Insurance Executive at ICICI Prudential Life Insurance ?
The average salary of a Insurance Executive at ICICI Prudential Life Insurance in India typically ranges from ₹2.4 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Insurance Executive at ICICI Prudential Life Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Insurance Executive 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 10+ ICICI Prudential Life Insurance employees in India.
What is the estimated take home salary of a Insurance Executive at ICICI Prudential Life Insurance in India?
The estimated take-home salary of a Insurance Executive at ICICI Prudential Life Insurance in India typically ranges from ₹24,775 to ₹26,217 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 10+ 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 Executive in India?
The Oriental Insurance Co. ₹1.8 Lakhs to ₹10.1 Lakhs per year
PNB MetLife ₹3.2 Lakhs to ₹4.5 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 Executive in companies similar to ICICI Prudential Life Insurance in India?
The salary of a Insurance Executive 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:

Axis Max Life Insurance ₹2.0 Lakhs to ₹5.0 Lakhs per year
SBI General Insurance ₹2.9 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company ₹2.5 Lakhs to ₹5.5 Lakhs per year
HDFC Life ₹1.6 Lakhs to ₹4.5 Lakhs per year
Reliance Nippon Life Insurance ₹2.0 Lakhs to ₹6.0 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 Executive at ICICI Prudential Life Insurance in India?
The salary growth for a Insurance Executive at ICICI Prudential Life Insurance depends on factors such as experience, performance, and promotions. On average, a Insurance Executive can expect the following growth trajectory at ICICI Prudential Life Insurance:

Experience Average Salary Range
1 year ₹2.9 Lakhs to ₹3.8 Lakhs per year
2 years ₹2.4 Lakhs to ₹3.4 Lakhs per year
3 years ₹3.0 Lakhs to ₹6.1 Lakhs per year
4 years ₹2.4 Lakhs to ₹4.0 Lakhs per year
and so on.

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ICICI Prudential Life Insurance Insurance Executive salary in India ranges between ₹2.4 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.