ICICI Prudential Life Insurance Mumbai IT Manager Salaries by 10+ Employees

0 - 14 years exp.

₹4.7 Lakhs - ₹14 Lakhs

Avg. annual salary

Monthly In-hand Salary

32% less than the average IT Manager Salary in Insurance Companies for 0 - 14 years of experience

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Salaries in different departments

Data Science & Analytics IT Manager Salary 1 - 2 years exp. (3 salaries)	₹4.9 L/yr - ₹11.3 L/yr
Engineering - Software & QA IT Manager Salary 5 - 7 years exp. (3 salaries)	₹7.7 L/yr - ₹9.6 L/yr
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IT & Information Security IT Manager Salary 7 - 11 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹12 L/yr
Product Management IT Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹11.6 L/yr
Project & Program Management IT Manager Salary 0 - 4 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹13.3 L/yr

Last Updated: 19 Dec 2024

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

ICICI Prudential Life Insurance IT Manager Salary

0 - 14 years exp. (14 salaries)

₹4.7 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance IT Manager Salary 5 - 14 years exp. (9 salaries)	₹8.9 L/yr - ₹15.2 L/yr 46% more
Aditya Birla Sun Life Insurance IT Manager Salary 0 - 8 years exp. (8 salaries)	₹8.9 L/yr - ₹14.7 L/yr 35% more
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Tata AIA Life Insurance IT Manager Salary 7 - 16 years exp. (5 salaries)	₹16.5 L/yr - ₹24.8 L/yr 112% more
SBI Life Insurance Company IT Manager Salary 8 - 21 years exp. (5 salaries)	₹11.9 L/yr - ₹20 L/yr 68% more
ICICI Lombard General Insurance Company IT Manager Salary 8 - 11 years exp. (4 salaries)	₹10.1 L/yr - ₹16.1 L/yr 56% more
HDFC Life IT Manager Salary 7 - 13 years exp. (4 salaries)	₹14 L/yr - ₹15 L/yr 55% more
Reliance Nippon Life Insurance IT Manager Salary 8 - 10 years exp. (3 salaries)	₹9.9 L/yr - ₹12.7 L/yr 17% more
Aditya Birla Insurance Brokers IT Manager Salary 6 - 10 years exp. (3 salaries)	₹6.9 L/yr - ₹9 L/yr 19% less

IT Manager salary at ICICI Prudential Life Insurance ranges between ₹4.7 Lakhs to ₹14 Lakhs per year for employees with less than 1 year of experience to 14 years. Salary estimates are based on 14 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance IT Manager salaries in Mumbai

Last Updated: 19 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
1 year (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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2 years (3 salaries)	₹4.9 L/yr - ₹13.3 L/yr
3 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
4 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr
5 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
6 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
7 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
8 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
9 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
10 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.2 L/yr
11 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
12 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr
13 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.6 L/yr
14 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr

View all

Similar Designation salaries in ICICI Prudential Life Insurance

Deputy Manager Salary

(9 salaries)

₹3.75 L/yr - ₹8 L/yr

Operations Manager Salary

(6 salaries)

₹3.65 L/yr - ₹6.2 L/yr

Project Manager Salary

(3 salaries)

₹6 L/yr - ₹8.3 L/yr

Salary related reviews for ICICI Prudential Life Insurance

5.0

Rated by 1 employees for salary & benefits

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

Team Lead in Indore

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.!!☺️

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.

Associate Consultant in New Delhi

Bancaasurance Department

3.0

• posted on 05 Apr 2019

3.0

for Salary and Benefits

Likes

icici is itself a brand and it has its own value the best thing about icici that the customer satisfaction is the best one and the products services or any issue regarding anything can be solved easily

Job security - Good

+1 more

Dislikes

Not satisfactory compensation and the career growth is very slow because insurance is a prosuct that 90% people dnt understand or dnt buy or miss guided by their friends and the last one thing is leaves are given very few

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

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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

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ICICI Prudential Life Insurance IT Manager Salary FAQs

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

The average salary of a IT Manager at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹4.7 Lakhs to ₹14.0 Lakhs per year, depending on experience (from Fresher to 14 years).

The top 10% of IT Manager in Mumbai at ICICI Prudential Life Insurance earn more than ₹13.3 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. IT 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 10+ ICICI Prudential Life Insurance employees in India.

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

The estimated take-home salary of a IT Manager at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹68,291 to ₹70,042 per month. This is based on the average salary range of ₹4.7 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from Fresher to 14 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 IT Manager in India?

Tata AIA Life Insurance	₹16.5 Lakhs to ₹24.8 Lakhs per year
SBI Life Insurance Company	₹11.9 Lakhs to ₹20.0 Lakhs per year
ICICI Lombard General Insurance Company	₹10.1 Lakhs to ₹16.1 Lakhs per year
HDFC Life	₹14.0 Lakhs to ₹15.0 Lakhs per year
HDFC Ergo General Insurance	₹8.9 Lakhs to ₹15.2 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 IT Manager in companies similar to ICICI Prudential Life Insurance in Mumbai?

The salary of a IT 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:

Aditya Birla Sun Life Insurance	₹8.9 Lakhs to ₹14.7 Lakhs per year
Reliance Nippon Life Insurance	₹9.9 Lakhs to ₹12.7 Lakhs per year
Aditya Birla Insurance Brokers	₹6.9 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 IT Manager at ICICI Prudential Life Insurance in Mumbai?

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

Experience	Average Salary Range
Fresher	₹5.9 Lakhs to ₹7.6 Lakhs per year
1 year	₹6.3 Lakhs to ₹8.0 Lakhs per year
2 years	₹4.9 Lakhs to ₹13.3 Lakhs per year
3 years	₹7.0 Lakhs to ₹9.0 Lakhs per year

and so on.

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ICICI Prudential Life Insurance IT Manager Salaries in Mumbai

ICICI Prudential Life Insurance IT Manager salary in Mumbai ranges between ₹4.7 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.