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ICICI Prudential Life Insurance Manager salaries in India (Updated 2025)

Annual salary range
1 - 13 years exp.
₹3 Lakhs - ₹13 Lakhs
Salary of majority employees
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52% less than the average Manager Salary in Insurance Companies for 1 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
1 - 13 years exp. (74 salaries)
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₹3.1 L/yr - ₹13 L/yr

Customer Success, Service & Operations
Manager Salary
1 - 13 years exp. (42 salaries)
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₹4.5 L/yr - ₹10 L/yr

Finance & Accounting
Manager Salary
1 - 12 years exp. (32 salaries)
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₹4 L/yr - ₹15 L/yr

Sales & Business Development
Manager Salary
1 - 13 years exp. (23 salaries)
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₹3 L/yr - ₹12.3 L/yr

Marketing & Communication
Manager Salary
1 - 8 years exp. (22 salaries)
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₹4.2 L/yr - ₹10.3 L/yr

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Last Updated: 25 Feb 2025

Companies similar to ICICI Prudential Life Insurance for Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Manager Salary

2 - 16 years exp. (463 salaries)

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₹4.5 L/yr - ₹15.7 L/yr

arrow icon 17% more
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SBI Life Insurance Company Manager Salary

3 - 20 years exp. (270 salaries)

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₹5.2 L/yr - ₹18 L/yr

arrow icon 42% more
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Axis Max Life Insurance Manager Salary

5 - 15 years exp. (271 salaries)

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₹3.6 L/yr - ₹15.4 L/yr

arrow icon 10% more
8 job openings
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Bajaj Allianz Life Insurance Manager Salary

3 - 18 years exp. (177 salaries)

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₹5.9 L/yr - ₹22 L/yr

arrow icon 70% more
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Kotak Mahindara Life Insurance Manager Salary

0 - 12 years exp. (563 salaries)

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₹2.4 L/yr - ₹8.5 L/yr

arrow icon 32% less
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HDFC Ergo General Insurance Manager Salary

4 - 16 years exp. (418 salaries)

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₹4.5 L/yr - ₹16.4 L/yr

arrow icon 21% more
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₹3 L/yr - ₹12.3 L/yr

arrow icon 10% less
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Tata AIA Life Insurance Manager Salary

4 - 18 years exp. (241 salaries)

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₹6.5 L/yr - ₹25.6 L/yr

arrow icon 84% more
3 job openings
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Aditya Birla Sun Life Insurance Manager Salary

0 - 12 years exp. (189 salaries)

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₹4 L/yr - ₹15.7 L/yr

arrow icon 15% more
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Star Health & Allied Insurance Manager Salary

1 - 14 years exp. (136 salaries)

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₹2.6 L/yr - ₹12 L/yr

arrow icon 14% less
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Manager salary at ICICI Prudential Life Insurance ranges between ₹3 Lakhs to ₹13 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 284 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Manager

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Experience wise ICICI Prudential Life Insurance Manager salaries

Last Updated: 25 Feb 2025

Experience Avg Annual Salary
1 year  (43 salaries)

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₹3 L/yr - ₹11.5 L/yr
2 years  (47 salaries)

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₹3.5 L/yr - ₹11 L/yr
3 years  (36 salaries)

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₹3.8 L/yr - ₹13.7 L/yr
4 years  (21 salaries)

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₹4 L/yr - ₹13 L/yr
5 years  (31 salaries)

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₹3.4 L/yr - ₹13.9 L/yr
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ICICI Prudential Life Insurance Manager Salary and Career Growth

From

To

Manager

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1 - 13 years exp.

Senior Manager

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0 - 9 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

Audit Manager Salary
(AmbitionBox Estimate)
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₹10 L/yr - ₹12.8 L/yr
Credit Manager Salary
(3 salaries)
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₹2.6 L/yr - ₹8 L/yr
Deputy Manager Salary
(53 salaries)
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₹2.25 L/yr - ₹8 L/yr
Finance Manager Salary
(101 salaries)
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₹2.05 L/yr - ₹4.7 L/yr
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₹4 L/yr - ₹9.6 L/yr
Senior Analyst Salary
(4 salaries)
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₹3.6 L/yr - ₹8.07 L/yr
Senior Associate Salary
(293 salaries)
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₹2.4 L/yr - ₹5.5 L/yr
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₹2.4 L/yr - ₹4 L/yr
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₹4.1 L/yr - ₹4.5 L/yr
Deputy General Manager Salary
(AmbitionBox Estimate)
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₹21.6 L/yr - ₹27.6 L/yr

Top skills at ICICI Prudential Life Insurance for Manager

Management Interpersonal Skills Sales Risk Control Stakeholder Management
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Salary related reviews for ICICI Prudential Life Insurance

3.6

Rated by 44 employees for salary & benefits

Full Time

 · 

Other Department

3.0
  •  posted on 19 Sep 2023

2.0
 for  Salary and Benefits

Likes

It's a university of insurance People learn from Here and become leaders /CEOs of other life insurance leading brands

  • Job security - Excellent
  • +1 more

Dislikes

It's a low pay master, it make people learn but unable to make them work for iPru People only with sound financial background can plan retirement from iPru, rest from financial and promotional growth people opt for Job switch I start my day in office at 9 AM and stay in office till 11 PM

read more
  • Salary - Poor
  • +1 more

Operations Department

4.0
  •  posted on 26 Feb 2020

2.0
 for  Salary and Benefits

Likes

...el of empowerment of employees which enables them to take and own the decisions. Compensation and benefits are average, nothing great to comment on it. Overall a great company to start your career.

read more
  • Skill development - Good
  • +1 more

Dislikes

Can get quite taxing for few departments. Not everyone is open to be aggressive.

  • Salary - Poor

Financial analysis and business planning Department

4.0
  •  posted on 29 Dec 2018

3.0
 for  Salary and Benefits

Likes

ICICI Prudential provides an opportunity to work with the best in the industry. The Co. is focused on innovation, personal development and being competitive in every aspect. This leads to great learning and growth opportunities for employees.

read more
  • Skill development - Good
  • +4 more

Dislikes

They are not the best pay masters in the industry but that is a small price to pay for working with the best of industry professionals.

read 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

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
see more salary related reviews

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ICICI Prudential Life Insurance Manager Salary FAQs

What is the salary of Manager at ICICI Prudential Life Insurance?
Manager salary at ICICI Prudential Life Insurance in India ranges between ₹3.0 Lakhs to ₹13.0 Lakhs for experience between 1 years to 13 years. According to our estimates it is 52% less than the average Manager Salary in India. Salary estimates are based on 284 latest salaries received from various employees of ICICI Prudential Life Insurance India.
How does the salary of a Manager at ICICI Prudential Life Insurance India compare with the average salary range for this job?
The average salary of a Manager at ICICI Prudential Life Insurance is 52% less than the average salary of a Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Manager at ICICI Prudential Life Insurance?
Management, Interpersonal Skills, Sales, Risk Control and Stakeholder Management are some of the popular skills required to work as a Manager at ICICI Prudential Life Insurance India.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Manager in India?
  • AXA Manager Salary - ₹15.0 Lakhs to ₹34.5 Lakhs per year
  • XL Catlin Manager Salary - ₹13.0 Lakhs to ₹27.0 Lakhs per year
  • United India Insurance Company Manager Salary - ₹10.0 Lakhs to ₹26.0 Lakhs per year
  • Empower Manager Salary - ₹12.3 Lakhs to ₹32.0 Lakhs per year
  • Swiss Re Manager Salary - ₹13.6 Lakhs to ₹21.0 Lakhs per year
What is the salary of a Manager in companies similar to ICICI Prudential Life Insurance in India?
  • Maruti Suzuki Insurance Broking Manager Salary - ₹11.4 Lakhs to ₹22.0 Lakhs per year
  • The Oriental Insurance Co. Manager Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year
  • AIG Manager Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year
  • Tata AIA Life Insurance Manager Salary - ₹6.5 Lakhs to ₹25.6 Lakhs per year
  • Gallagher Manager Salary - ₹8.9 Lakhs to ₹14.0 Lakhs per year
What is the estimated take home salary of a Manager at ICICI Prudential Life Insurance in India?
The estimated take-home salary of a Manager at ICICI Prudential Life Insurance ranges between ₹58,136 per month to ₹59,599 per month in India. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Manager salary in India which ranges between ₹3.0 Lakhs to ₹13.0 Lakhs per year for employees with experience between 1 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Manager at ICICI Prudential Life Insurance?
According to AmbitionBox, 51% of the ICICI Prudential Life Insurance Managers reported a notice period of 2 Months, 32% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 222 responses on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Manager salary in India ranges between ₹3 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 284 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

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