ICICI Prudential Life Insurance Kolkata Insurance Manager Salaries by 4 Employees (Updated 2025)

2 - 6 years exp.

₹3.5 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

16% more than the average Insurance Manager Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹4.5 L/yr
Login to view exact salary
Sales & Business Development Insurance Manager Salary 4 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹4.2 L/yr

Last Updated: 30 Jan 2025

Companies similar to ICICI Prudential Life Insurance for Insurance Manager in Kolkata

ICICI Prudential Life Insurance Insurance Manager Salary

2 - 6 years exp. (4 salaries)

₹3.5 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
PNB MetLife Insurance Manager Salary 0 - 6 years exp. (5 salaries)	₹0.6 L/yr - ₹4.3 L/yr 15% less
Axis Max Life Insurance Insurance Manager Salary 3 - 9 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr 3% more
Login to view exact salary
Future Generali India Life Insurance Insurance Manager Salary 1 - 4 years exp. (5 salaries)	₹2 L/yr - ₹4.5 L/yr 20% less
Jindal Industries Private Limited Insurance Manager Salary 16 - 21 years exp. (4 salaries)	₹8.9 L/yr - ₹9 L/yr 117% more

Insurance Manager salary at ICICI Prudential Life Insurance ranges between ₹3.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 6 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 Manager salaries in Kolkata

Last Updated: 30 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
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4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

Sales Manager Salary

(53 salaries)

₹3.25 L/yr - ₹10.4 L/yr

Area Manager Salary

(27 salaries)

₹7.09 L/yr - ₹11.5 L/yr

Relationship Manager Salary

(16 salaries)

₹2.2 L/yr - ₹5.6 L/yr

Branch Manager Salary

(10 salaries)

₹6.52 L/yr - ₹13.4 L/yr

Deputy Manager Salary

(3 salaries)

₹3.1 L/yr - ₹5 L/yr

Salary related reviews for ICICI Prudential Life Insurance

Area Sales Manager in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 13 Jul 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...relieving & fnf settlement was comunicted verbaly for whch I had ask in writing. But it was asured dt recovery amt ll nt vary & latr thy givn recovery of gross salary which is high. When I not worked then also they added hra, supplementary allowance, statutory bonus in my recovery amt. Firstly If i have not taken any benfits with organization then recovery is not calculated and If the recovery calculated then it is always calculated on monthly basic salary.Rest all are additional benefits given to the employee. But then also ipru charged me recovery of 2month gross salary. As I have to get my reliveing letter so i had paid the recovery. But now I am writing the complaint as I was charged too. Pls help me out for it.

Salary - Bad

+6 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

Business Development Executive in Bangalore / Bengaluru

Marketing & Communication Department

1.0

• posted on 26 Apr 2022

1.0

for Salary and Benefits

Likes

...sive word. Never Suggest anyone to work here, specially for sales job profile. Pros: salary on time and job security

Job security - Good

Dislikes

Salary - Bad
Skill development - Bad

+4 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

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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ICICI Prudential Life Insurance Insurance Manager Salary FAQs

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

The average salary of a Insurance Manager at ICICI Prudential Life Insurance in Kolkata typically ranges from ₹3.5 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Insurance Manager in Kolkata at ICICI Prudential Life Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Insurance 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 4 ICICI Prudential Life Insurance employees in India.

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

The estimated take-home salary of a Insurance Manager at ICICI Prudential Life Insurance in Kolkata typically ranges from ₹30,281 to ₹31,591 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 2 years 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 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 Manager in India?

Jindal Industries Private Limited	₹8.9 Lakhs to ₹9.0 Lakhs per year
Axis Max Life Insurance	₹3.5 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 Manager in companies similar to ICICI Prudential Life Insurance in Kolkata?

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

PNB MetLife	₹0.6 Lakhs to ₹4.3 Lakhs per year
Future Generali India Life Insurance	₹2.0 Lakhs to ₹4.5 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 Manager at ICICI Prudential Life Insurance in Kolkata?

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

Experience	Average Salary Range
2 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
3 years	₹3.6 Lakhs to ₹4.7 Lakhs per year
4 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
5 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Insurance Manager Salaries in Kolkata

ICICI Prudential Life Insurance Insurance Manager salary in Kolkata ranges between ₹3.5 Lakhs to ₹4.5 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.

ICICI Prudential Life Insurance Insurance Manager salaries in Kolkata (Updated 2025)

Companies similar to ICICI Prudential Life Insurance for Insurance Manager in Kolkata

Latest annual salaries shared by ICICI Prudential Life Insurance Insurance Manager in Kolkata

Experience wise ICICI Prudential Life Insurance Insurance Manager salaries in Kolkata

Similar Designation salaries in ICICI Prudential Life Insurance

Salary related reviews for ICICI Prudential Life Insurance

Area Sales Manager in Indore

Sales Manager in Hyderabad / Secunderabad

Business Development Executive in Bangalore / Bengaluru

Relationship Manager in Saharsa

Sales Manager in Kolkata

ICICI Prudential Life Insurance Insurance Manager Salary FAQs

Tell us how to improve this page.