ICICI Prudential Life Insurance Mumbai Manager 1 Salaries by 20+ Employees (Updated 2024)

1 - 11 years exp.

₹6 Lakhs - ₹7.8 Lakhs

Salary of majority employees

37% less than the average Manager 1 Salary in Insurance Companies for 1 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager 1 Salary 4 - 8 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.8 L/yr
Customer Success, Service & Operations Manager 1 Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹7.5 L/yr
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Finance & Accounting Manager 1 Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹6.8 L/yr
Marketing & Communication Manager 1 Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹6.7 L/yr
Strategic & Top Management Manager 1 Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.7 L/yr

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Last Updated: 18 Dec 2024

Companies similar to ICICI Prudential Life Insurance for Manager 1 in Mumbai

ICICI Prudential Life Insurance Manager 1 Salary

1 - 11 years exp. (23 salaries)

₹6 L/yr - ₹7.8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Manager 1 Salary 2 - 14 years exp. (69 salaries)	₹5.3 L/yr - ₹15.5 L/yr 47% more
CitiusTech Manager 1 Salary 9 - 13 years exp. (7 salaries)	₹12.4 L/yr - ₹17.7 L/yr 133% more
Login to view exact salary
Macleods Pharmaceuticals Manager 1 Salary 4 - 15 years exp. (3 salaries)	₹11 L/yr - ₹15.8 L/yr 101% more
Foundever Manager 1 Salary 6 - 16 years exp. (3 salaries)	₹9 L/yr - ₹12.7 L/yr 40% more
QbD Research Manager 1 Salary 9 - 11 years exp. (3 salaries)	₹9.3 L/yr - ₹11.6 L/yr 53% more

Manager 1 salary at ICICI Prudential Life Insurance ranges between ₹6 Lakhs to ₹7.8 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 23 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Manager 1 salaries in Mumbai

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
1 year (7 salaries)	₹6.3 L/yr - ₹7.5 L/yr
2 years (5 salaries)	₹6 L/yr - ₹7.5 L/yr
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3 years (3 salaries)	₹6.5 L/yr - ₹7.6 L/yr
4 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
5 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
6 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.8 L/yr
9 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.2 L/yr
10 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹7 L/yr
11 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.5 L/yr

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From

Manager 1

₹

Lakhs/yr

1 - 11 years exp.

Chief Manager

₹

Lakhs/yr

7 - 23 years exp.

Manager 1 1 - 11 years exp.

Manager II 1 - 13 years exp.

51% hike

Senior Manager 1 1 - 15 years exp.

67% hike

From

1 more level

Manager 1

1 - 11 years exp.

Senior Manager

0 - 15 years exp.

Similar Designation salaries in ICICI Prudential Life Insurance

Area Manager Salary

(48 salaries)

₹7 L/yr - ₹12 L/yr

Branch Manager Salary

(36 salaries)

₹9.8 L/yr - ₹18 L/yr

Deputy Manager Salary

(8 salaries)

₹3.75 L/yr - ₹8 L/yr

Project Manager Salary

(6 salaries)

₹2.8 L/yr - ₹8.3 L/yr

Team Manager Salary

(5 salaries)

₹4.95 L/yr - ₹8.01 L/yr

Cluster Manager Salary

(5 salaries)

₹6.5 L/yr - ₹13.5 L/yr

Team Lead Salary

(3 salaries)

₹2.75 L/yr - ₹8.75 L/yr

Top skills at ICICI Prudential Life Insurance for Manager 1

Administration Finance Management Trend Analysis Auditing

Salary related reviews for ICICI Prudential Life Insurance

3.9

Rated by 3 employees for salary & benefits

Service Manager in Jaipur

Full Time

Sales & Business Development Department

3.0

• posted on 05 Apr 2021

2.0

for Salary and Benefits

Likes

Work environment is good, colleagues always help to others, company policies are good

Dislikes

Confusing policies management dosen't help in resolving the issues, good salary but incentive criteria is not fix, senior managers always pressurize you for work even you performance more than better. New appointees always face struggle for training

Relationship Manager in Saharsa

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.

Relationship Manager in Mumbai

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

Team Lead in Indore

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.!!☺️

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.

Business Development Manager in Sambalpur

Agency Sales Department

3.0

• posted on 08 Aug 2020

4.0

for Salary and Benefits

Likes

Salary is ok, training is provided on the regular basis. Bonus and increaments are good.

Dislikes

Internal politics in management and higher posts, superior treats like a dog. Very bad and abusive language is used on the bad days. Little to no patience is there in the upper management.

see more salary related reviews

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What people are saying about ICICI Prudential Life Insurance

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a sales manager

Need Suggestions: Best Industry to Switch From Life Insurance Sales?

I am an MBA graduate in Marketing, currently working as a Sales Manager in the Life Insurance industry. With 1.5 years of experience and a CTC of 10 LPA, I am planning to switch industries and would love to hear your suggestions. I am exploring opportunities in: • FMCG • IT/SaaS Sales • Pharmaceuticals • Or any other industry you recommend! Which industry do you think offers the best growth and learning opportunities? Your insights will be invaluable! Looking forward to your suggestions. What do you think?

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ICICI Prudential Life Insurance Manager 1 Salary FAQs

What is the salary of Manager 1 at ICICI Prudential Life Insurance Mumbai?

Manager 1 salary at ICICI Prudential Life Insurance in Mumbai ranges between ₹6.0 Lakhs to ₹7.8 Lakhs for experience between 1 years to 11 years. According to our estimates it is 37% less than the average Manager 1 Salary in India. Salary estimates are based on 23 latest salaries received from various employees of ICICI Prudential Life Insurance Mumbai.

How does the salary of a Manager 1 at ICICI Prudential Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Manager 1 at ICICI Prudential Life Insurance is 37% less than the average salary of a Manager 1 in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Manager 1 at ICICI Prudential Life Insurance?

Administration, Finance, Management, Trend Analysis and Auditing are some of the popular skills required to work as a Manager 1 at ICICI Prudential Life Insurance Mumbai.

Which similar companies are paying more than ICICI Prudential Life Insurance to a Manager 1 in Mumbai?

CitiusTech Manager 1 Salary - ₹12.4 Lakhs to ₹17.7 Lakhs per year
Macleods Pharmaceuticals Manager 1 Salary - ₹11.0 Lakhs to ₹15.8 Lakhs per year
QbD Research Manager 1 Salary - ₹9.3 Lakhs to ₹11.6 Lakhs per year
ICICI Bank Manager 1 Salary - ₹5.3 Lakhs to ₹15.5 Lakhs per year
Foundever Manager 1 Salary - ₹9.0 Lakhs to ₹12.7 Lakhs per year

What is the estimated take home salary of a Manager 1 at ICICI Prudential Life Insurance in Mumbai?

The estimated take-home salary of a Manager 1 at ICICI Prudential Life Insurance ranges between ₹52,970 per month to ₹54,217 per month in Mumbai. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Manager 1 salary in India which ranges between ₹6.0 Lakhs to ₹7.8 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Manager 1 at ICICI Prudential Life Insurance in Mumbai?

According to AmbitionBox, 93% of the ICICI Prudential Life Insurance Manager 1s in Mumbai reported a notice period of 2 Months, 7% reported a notice period of 3 Months.This is based on 15 responses on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Manager 1 Salaries in Mumbai

ICICI Prudential Life Insurance Manager 1 salary in Mumbai ranges between ₹6 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.