ICICI Prudential Life Insurance New Delhi Management Associate Salaries by 9 Employees

0 - 2 years exp.

₹8 Lakhs - ₹11 Lakhs

Avg. annual salary

Monthly In-hand Salary

27% less than the average Management Associate Salary in Insurance Companies for 0 - 2 years of experience

Interested in this particular role? 29 job openings

Salaries in different departments

BFSI, Investments & Trading Management Associate Salary Fresher (AmbitionBox Estimate)	₹9.9 L/yr - ₹10 L/yr
Data Science & Analytics Management Associate Salary 2 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹10 L/yr
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Finance & Accounting Management Associate Salary 2 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹10 L/yr
Human Resources Management Associate Salary 1 year exp. (AmbitionBox Estimate)	₹8 L/yr - ₹9.8 L/yr
Sales & Business Development Management Associate Salary Fresher (AmbitionBox Estimate)	₹9 L/yr - ₹10.1 L/yr

Last Updated: 3 Dec 2024

Companies similar to ICICI Prudential Life Insurance for Management Associate in New Delhi

ICICI Prudential Life Insurance Management Associate Salary

0 - 2 years exp. (9 salaries)

₹8 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Management Associate Salary 0 - 3 years exp. (15 salaries)	₹13.3 L/yr - ₹23 L/yr 102% more
Lex Orbis Management Associate Salary 8 - 12 years exp. (15 salaries)	₹15 L/yr - ₹23.5 L/yr 94% more
Login to view exact salary
Luthra & Luthra Management Associate Salary 5 - 10 years exp. (7 salaries)	₹15 L/yr - ₹47.4 L/yr 176% more
Accenture Management Associate Salary 0 - 3 years exp. (7 salaries)	₹3 L/yr - ₹4.5 L/yr 62% less	3 job openings
Citicorp Management Associate Salary 1 - 3 years exp. (7 salaries)	₹15 L/yr - ₹27 L/yr 113% more

Management Associate salary at ICICI Prudential Life Insurance ranges between ₹8 Lakhs to ₹11 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 9 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Management Associate salaries in New Delhi

Last Updated: 3 Dec 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹9 L/yr - ₹10 L/yr
1 year (3 salaries)	₹8 L/yr - ₹11 L/yr
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2 years (3 salaries)	₹3.9 L/yr - ₹11 L/yr

From

Management Associate

₹

Lakhs/yr

0 - 5 years exp.

Chief Manager

₹

Lakhs/yr

9 - 22 years exp.

Management Associate

0 - 5 years exp.

Senior Manager 1

1 - 15 years exp.

69% hike

Senior Manager 2

3 - 15 years exp.

46% hike

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.

Similar Designation salaries in ICICI Prudential Life Insurance

Deputy Manager Salary

(5 salaries)

₹3.2 L/yr - ₹6.25 L/yr

Top skills at ICICI Prudential Life Insurance for Management Associate

CCTV Monitoring Regulatory Reporting Automation Testing Financial Statements Reconciliation Expense Management User Acceptance Testing Business Planning Software Configuration Management PowerPoint Operational Risk Management ISO 27001 Lead Auditor MS Access Manual Testing Risk Mitigation

Salary related reviews for ICICI Prudential Life Insurance

4.0

Rated by 1 employees for salary & benefits

Management Associate in Mumbai

Other Department

2.0

• posted on 11 Oct 2021

4.0

for Salary and Benefits

Likes

If you are looking for a job with higher job security then you can always work here on the cost of compromising your work-life balance. The company pays you well and gives adequate leaves and other allowances but all of it only when your manager agrees to it. They will give you chances to share your ideas, but again its execution won't happen because they like to proceed with their own way.

Salary - Good

+1 more

Dislikes

Compensation and other allowances are decent but growth is really slow. The Work culture is not so friendly, no boundaries between your professional-personal life and you can always be asked to work on holidays (national holidays too).

Skill development - Poor

+4 more

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

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

Agency Manager in Goa

Full Time

Marketing & Communication Department

5.0

• posted on 07 Jan 2025

3.0

for Salary and Benefits

Likes

...d job security, and offers valuable learning opportunities to enhance my skills. While the salary is on the lower side and growth feels slow, the stable environment and focus on employee development make it a worthwhile place to work.

Skill development - Excellent

+4 more

Dislikes

Low salary slow growth

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Management Associate Salary FAQs

What is the salary of Management Associate at ICICI Prudential Life Insurance in New Delhi?

The average salary of a Management Associate at ICICI Prudential Life Insurance in New Delhi typically ranges from ₹8.0 Lakhs to ₹11.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Management Associate in New Delhi at ICICI Prudential Life Insurance earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Management Associate 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 9 ICICI Prudential Life Insurance employees in India.

What is the estimated take home salary of a Management Associate at ICICI Prudential Life Insurance in New Delhi?

The estimated take-home salary of a Management Associate at ICICI Prudential Life Insurance in New Delhi typically ranges from ₹71,282 to ₹73,118 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹11.0 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 9 salaries received from various employees of ICICI Prudential Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Management Associate at ICICI Prudential Life Insurance in New Delhi?

To be a Management Associate at ICICI Prudential Life Insurance in New Delhi, the key skills required include:

- CCTV Monitoring
- Regulatory Reporting
- Automation Testing
- Financial Statements
- Reconciliation

These skills are highly valued at ICICI Prudential Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than ICICI Prudential Life Insurance for Management Associate in India?

Luthra & Luthra	₹15.0 Lakhs to ₹47.4 Lakhs per year
Citicorp	₹15.0 Lakhs to ₹27.0 Lakhs per year
HDFC Bank	₹13.3 Lakhs to ₹23.0 Lakhs per year
Lex Orbis	₹15.0 Lakhs to ₹23.5 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 Management Associate in companies similar to ICICI Prudential Life Insurance in New Delhi?

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

Accenture

₹3.0 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 Management Associate at ICICI Prudential Life Insurance in New Delhi?

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

Experience	Average Salary Range
Fresher	₹9.0 Lakhs to ₹10.0 Lakhs per year
1 year	₹8.0 Lakhs to ₹11.0 Lakhs per year
2 years	₹3.9 Lakhs to ₹11.0 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Management Associate Salaries in New Delhi

ICICI Prudential Life Insurance Management Associate salary in New Delhi ranges between ₹8 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.