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ICICI Prudential Life Insurance Management Trainee salaries in Vadodara

Annual salary range
0 - 1 year exp.
₹5.5 Lakhs - ₹7.5 Lakhs
Salary of majority employees
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At par with the average Management Trainee Salary in Insurance Companies for 0 - 1 year of experience

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Salaries in different departments

BFSI, Investments & Trading
Management Trainee Salary
0 - 1 year exp. (3 salaries)
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₹6.5 L/yr - ₹7.5 L/yr

Marketing & Communication
Management Trainee Salary
1 year exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹6.7 L/yr

Sales & Business Development
Management Trainee Salary
Fresher (AmbitionBox Estimate)
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₹6.7 L/yr - ₹7.2 L/yr

Last Updated: 5 Sep 2024

Companies similar to ICICI Prudential Life Insurance for Management Trainee in Vadodara

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ICICI Prudential Life Insurance Management Trainee Salary

0 - 1 year exp. (7 salaries)

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₹5.5 L/yr - ₹7.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Apidel Technologies Management Trainee Salary

0 - 3 years exp. (11 salaries)

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₹2 L/yr - ₹2.4 L/yr

arrow icon 68% less
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LanceSoft Management Trainee Salary

0 - 2 years exp. (10 salaries)

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₹1.7 L/yr - ₹3 L/yr

arrow icon 60% less
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Deepak Nitrite Management Trainee Salary

0 - 3 years exp. (7 salaries)

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₹5 L/yr - ₹9 L/yr

arrow icon 6% more
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₹1.2 L/yr - ₹6.6 L/yr

arrow icon 11% less
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Aarti Industries Management Trainee Salary

0 - 3 years exp. (6 salaries)

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₹7.5 L/yr - ₹11 L/yr

arrow icon 34% more
Management Trainee salary at ICICI Prudential Life Insurance ranges between ₹5.5 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 7 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Management Trainee in Vadodara

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Experience wise ICICI Prudential Life Insurance Management Trainee salaries in Vadodara

Last Updated: 5 Sep 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹6.5 L/yr - ₹7.2 L/yr
1 year  (5 salaries)

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₹5.5 L/yr - ₹7.5 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

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₹2.4 L/yr - ₹3.23 L/yr
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₹2.4 L/yr - ₹3.43 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

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

1.0
  •  posted on 19 Jan 2023

1.0
 for  Salary and Benefits

Likes

Job security, Support for freshers

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

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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.

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Marketing & Communication Department

1.0
  •  posted on 26 Mar 2021

2.0
 for  Salary and Benefits

Likes

- Allowances are good. - Salary comes on time.

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

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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.!!☺️

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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.

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ICICI Prudential Life Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at ICICI Prudential Life Insurance Vadodara?
Management Trainee salary at ICICI Prudential Life Insurance in Vadodara ranges between ₹5.5 Lakhs to ₹7.5 Lakhs for less than 1 year of experience. According to our estimates it is 1% less than the average Management Trainee Salary in India. Salary estimates are based on 7 latest salaries received from various employees of ICICI Prudential Life Insurance Vadodara.
How does the salary of a Management Trainee at ICICI Prudential Life Insurance Vadodara compare with the average salary range for this job?
The average salary of a Management Trainee at ICICI Prudential Life Insurance is 1% less than the average salary of a Management Trainee in Vadodara. To know exact salary insights, login to view.
What are the top skills required to work as a Management Trainee at ICICI Prudential Life Insurance?
Accounting, Cost Reduction, Finance, Management Reporting and Back Office are some of the popular skills required to work as a Management Trainee at ICICI Prudential Life Insurance Vadodara.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Management Trainee in Vadodara?
  • Aarti Industries Management Trainee Salary - ₹7.5 Lakhs to ₹11.0 Lakhs per year
  • Deepak Nitrite Management Trainee Salary - ₹5.0 Lakhs to ₹9.0 Lakhs per year
What is the salary of a Management Trainee in companies similar to ICICI Prudential Life Insurance in Vadodara?
  • Sun Pharmaceutical Industries Management Trainee Salary - ₹1.2 Lakhs to ₹6.6 Lakhs per year
  • LanceSoft Management Trainee Salary - ₹1.7 Lakhs to ₹3.0 Lakhs per year
  • Apidel Technologies Management Trainee Salary - ₹2.0 Lakhs to ₹2.4 Lakhs per year
What is the estimated take home salary of a Management Trainee at ICICI Prudential Life Insurance in Vadodara?
The estimated take-home salary of a Management Trainee at ICICI Prudential Life Insurance ranges between ₹52,013 per month to ₹53,239 per month in Vadodara. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Management Trainee salary in India which ranges between ₹5.5 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?
What is the notice period for Management Trainee at ICICI Prudential Life Insurance in Vadodara?
According to AmbitionBox, 100% of the ICICI Prudential Life Insurance Management Trainees in Vadodara reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Management Trainee salary in Vadodara ranges between ₹5.5 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.