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ICICI Prudential Life Insurance Management Trainee salaries in Hyderabad / Secunderabad (Updated 2025)

Annual salary range
0 - 2 years exp.
₹5.3 Lakhs - ₹8 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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6% less than the average Management Trainee Salary in Insurance Companies for 0 - 2 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
Management Trainee Salary
0 - 1 year exp. (11 salaries)
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₹5.3 L/yr - ₹7.7 L/yr

BFSI, Investments & Trading
Management Trainee Salary
0 - 2 years exp. (6 salaries)
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₹5.3 L/yr - ₹7.5 L/yr

Data Science & Analytics
Management Trainee Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹7.5 L/yr

Customer Success, Service & Operations
Management Trainee Salary
1 year exp. (AmbitionBox Estimate)
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₹6.7 L/yr - ₹7 L/yr

Human Resources
Management Trainee Salary
Fresher (AmbitionBox Estimate)
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₹6 L/yr - ₹6.9 L/yr

Last Updated: 1 Mar 2025

Companies similar to ICICI Prudential Life Insurance for Management Trainee in Hyderabad / Secunderabad

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ICICI Prudential Life Insurance Management Trainee Salary

0 - 2 years exp. (35 salaries)

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₹5.3 L/yr - ₹8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹6.3 L/yr - ₹10 L/yr

arrow icon 27% more
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₹3.5 L/yr - ₹4.2 L/yr

arrow icon 42% less
1 job opening
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Genpact Management Trainee Salary

0 - 14 years exp. (4k salaries)

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₹1.7 L/yr - ₹10.6 L/yr

arrow icon 8% less
24 job openings
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ICICI Bank Management Trainee Salary

0 - 4 years exp. (87 salaries)

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₹11.2 L/yr - ₹21 L/yr

arrow icon 138% more
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Dr. Reddy's Management Trainee Salary

0 - 3 years exp. (38 salaries)

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₹8 L/yr - ₹25 L/yr

arrow icon 175% more
Management Trainee salary at ICICI Prudential Life Insurance ranges between ₹5.3 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 35 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Management Trainee in Hyderabad / Secunderabad

1mo ago
₹7.5 Lakhs
6 months exp.
3mo ago
₹7.5 Lakhs
1 year exp.
3mo ago
₹7 Lakhs
1 year exp.
7mo ago
₹6 Lakhs
3 months exp.
9mo ago
₹6 Lakhs
2 years exp.
1y ago
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7 months exp.
1y ago
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5 months exp.
1y ago
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1 year exp.
1y ago
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2 years exp.
1y ago
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3 months exp.

Experience wise ICICI Prudential Life Insurance Management Trainee salaries in Hyderabad / Secunderabad

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
Fresher  (20 salaries)

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₹5.3 L/yr - ₹7.5 L/yr
1 year  (13 salaries)

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₹5.3 L/yr - ₹8 L/yr
2 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.7 L/yr
ICICI Prudential Life Insurance Management Trainee Salary and Career Growth

From

To

Management Trainee

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0 - 2 years exp.

Regional Manager

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15 - 22 years exp.

Management Trainee

0 - 2 years exp.
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Sales Manager

0 - 12 years exp.
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arrow icon 1% hike

Area Manager

1 - 17 years exp.
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arrow icon 42% hike

From

To

Management Trainee

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0 - 2 years exp.

Senior Manager

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0 - 9 years exp.

From

To

Management Trainee

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0 - 2 years exp.

Chief Manager

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9 - 22 years exp.

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

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₹3.25 L/yr - ₹4.5 L/yr
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₹2.6 L/yr - ₹2.7 L/yr
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₹2.5 L/yr - ₹3 L/yr

Top skills at ICICI Prudential Life Insurance for Management Trainee

Accounting Cost Reduction Finance Management Reporting Back Office Excel Financial Control Front Office Forecasting Regulatory Reporting Corporate Expense Analysis Financial Reporting Budgeting

Salary related reviews for ICICI Prudential Life Insurance

2.1

Rated by 8 employees for salary & benefits

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.

read more

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.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 19 Jan 2023

1.0
 for  Salary and Benefits

Likes

Job security, Support for freshers

  • Job security - Good
  • +1 more

Dislikes

Low salary, Low increment, Minimal learning, Highly sales oriented job, Abusive managers, Pressure, 6 days a week working, No gifts, No reimbursement, High degree of misselling of products to achieve sales target

read more
  • Salary - Bad
  • +4 more

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
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ICICI Prudential Life Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at ICICI Prudential Life Insurance in Hyderabad / Secunderabad?
The average salary of a Management Trainee at ICICI Prudential Life Insurance in Hyderabad / Secunderabad typically ranges from ₹5.3 Lakhs to ₹8.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Management Trainee in Hyderabad / Secunderabad at ICICI Prudential Life Insurance earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Management Trainee 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 30+ ICICI Prudential Life Insurance employees in India.
What is the estimated take home salary of a Management Trainee at ICICI Prudential Life Insurance in Hyderabad / Secunderabad?
The estimated take-home salary of a Management Trainee at ICICI Prudential Life Insurance in Hyderabad / Secunderabad typically ranges from ₹52,054 to ₹53,280 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹8.0 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 30+ 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 Trainee at ICICI Prudential Life Insurance in Hyderabad / Secunderabad?
To be a Management Trainee at ICICI Prudential Life Insurance in Hyderabad / Secunderabad, the key skills required include:

  • - Accounting
  • - Cost Reduction
  • - Finance
  • - Management Reporting
  • - Back Office

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 Trainee in India?
Dr. Reddy's ₹8.0 Lakhs to ₹25.0 Lakhs per year
ICICI Bank ₹11.2 Lakhs to ₹21.0 Lakhs per year
ICICI Lombard General Insurance Company ₹6.3 Lakhs to ₹10.0 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 Trainee in companies similar to ICICI Prudential Life Insurance in Hyderabad / Secunderabad?
The salary of a Management Trainee at companies similar to ICICI Prudential Life Insurance in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Genpact ₹1.7 Lakhs to ₹10.6 Lakhs per year
Kotak Mahindara Life Insurance ₹3.5 Lakhs to ₹4.2 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 Trainee at ICICI Prudential Life Insurance in Hyderabad / Secunderabad?
The salary growth for a Management Trainee at ICICI Prudential Life Insurance in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Management Trainee in Hyderabad / Secunderabad can expect the following growth trajectory at ICICI Prudential Life Insurance:

Experience Average Salary Range
Fresher ₹5.3 Lakhs to ₹7.5 Lakhs per year
1 year ₹5.3 Lakhs to ₹8.0 Lakhs per year
2 years ₹6.1 Lakhs to ₹7.7 Lakhs per year
and so on.

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ICICI Prudential Life Insurance Management Trainee salary in Hyderabad / Secunderabad ranges between ₹5.3 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 35 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.