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4.1

based on 6k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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ICICI Prudential Life Insurance Sales & Business Development Department Salaries in Ludhiana

based on 3 latest salaries
Designation Avg Annual Salary Open Jobs
12 - 13 years exp. · Ludhiana (AmbitionBox Estimate)
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₹10 L/yr - ₹15.5 L/yr

11 years exp. · Ludhiana (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.9 L/yr

Last Updated: 8 Dec, 2023

Salary related reviews for ICICI Prudential Life Insurance

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 16 Jul 2024

4.0
 for  Salary and Benefits

Likes

Um it's overall things like salary and atmosphere is good but internal pressure is high

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Dislikes

I lost a lot amount for gifting things in bank to employees but not a single bill pass or approval done my manager that's the bad thing ig

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Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 05 Oct 2024

4.0
 for  Salary and Benefits

Likes

HR team are too supportive the best HR team ever, company provides good bonus, incentives.

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Dislikes

The working culture in the direct marketing channel is particularly poor, characterized by various unprofessional behaviors and practices.

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Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 28 Jul 2023

4.0
 for  Salary and Benefits

Likes

Job security is good , company culture is also good but it depends on senior, overall company is good can work for long time , HR policy are good , high job security, multiple option and departments for work , IJP ALLOWED

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Dislikes

Salary are poor, rating culture kills many many years for performer ..every year you have to get top rating and last top 2 rating are considered for promotion some time people are struggling for 4 to 5 year for promotion in mid management segment.

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Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 08 Feb 2023

1.0
 for  Salary and Benefits

Likes

Salary is decent, but lesser than offered by MNCs and Startups. Good support for freshers.

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Dislikes

Management Trainee profile is highly sales oriented, nothing else. You'll be made to travel on a bike, visit multiple people on a daily basis and sell insurance products. The company will promise, but never gives any food/ travel/ fuel reimbursements. The IT infrastructure is pathetic. Laptops given to employee hang a lot and are difficult to work on. The colleagues and peers are average. You would rarely come across people from good management institutes working here. There is no "Real skill" development other than communication skill. The company will train you but only to sell products, nothing else. Work life balance is pathetic, and we're often asked to work on weekends. Leaves are rarely approved. The work culture is aggressive, and manager shout and abuse their subordinates. The HR will not help you either, but only support the manager. The attrition rate is very high among the Front line staff/Business Trainee/ Management Trainee. Almost 70% people leave within 1 year and switch to MNCs/ Startups for better work culture, pay and respect. Everyday it feels like the company is going through a financial crisis. They lack money to maintain basic office infrastructure and spend on employee welfare. No Diwali gifts or office lunches. The company is losing market share to HDFC Life. Except for Term Insurance, all other products are a SCAM. It's not ethical to work here. Sooner or later customer will abuse you for misleading and fraud. Avoid ICICI Prudential. Don't ruin your career.

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Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 19 May 2023

5.0
 for  Salary and Benefits

Likes

Very good

Dislikes

...al managers are earning more and whole work is done by the frontline managers. Salary is to be paid more to frontlines not to the persons whose job is to give pressure.

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ICICI Prudential Life Insurance Salary FAQs

How much does ICICI Prudential Life Insurance pay per year?
The average ICICI Prudential Life Insurance salary ranges from approximately ₹0.5 Lakh to ₹1.2 Lakh per year for a Operations Coordinator and ₹50 Lakhs to ₹99 Lakhs per year for a Senior Vice President. Salary estimates are based on 3 ICICI Prudential Life Insurance salaries received from various employees of ICICI Prudential Life Insurance. ICICI Prudential Life Insurance employees rate the overall salary and benefits package 5.0/5 stars.
What is the highest salary in ICICI Prudential Life Insurance?
The highest-paying job at ICICI Prudential Life Insurance is a Senior Vice President with a salary of ₹50 Lakhs to ₹99 Lakhs per year. The top 10% of employees earn more than ₹12 lakhs per year. The top 1% earn more than a whopping ₹28 lakhs per year.
What is the minimum salary in ICICI Prudential Life Insurance?
Minimum salary at ICICI Prudential Life Insurance depends on the role you are applying for. For Unit Manager the minimum salary is ₹1.7 Lakh to ₹4.5 Lakhs per year, and for Financial Service Consultant the minimum salary is ₹1.5 Lakh to ₹5.5 Lakhs per year and so on.
What is the salary package for freshers in ICICI Prudential Life Insurance?
The average salary at ICICI Prudential Life Insurance for freshers varies from ₹1.2 Lakh to ₹2.4 Lakhs per year for Customer Care Executive and ₹11 Lakhs to ₹17 Lakhs per year for Business Associate.
What is the notice period at ICICI Prudential Life Insurance in Sales & Business Development Department in Ludhiana?
According to AmbitionBox, 44% of the ICICI Prudential Life Insurance employees in Sales & Business Development Department in Ludhiana reported a notice period of 1 Month, 26% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 27 responses on AmbitionBox in last 2 years.

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Average annual salary in Sales & Business Development department at ICICI Prudential Life Insurance , Ludhiana is INRunlock blur . Salary estimates are based on 3 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

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