ICICI Prudential Life Insurance Manager II Salaries by 100+ Employees (Updated 2025)

1 - 7 years exp.

₹7.5 Lakhs - ₹13.7 Lakhs

Salary of majority employees

49% less than the average Manager II Salary in Insurance Companies for 1 - 7 years of experience

Interested in this particular role? 37 job openings

Salaries in different departments

Finance & Accounting Manager II Salary 1 - 7 years exp. (27 salaries)	₹8.5 L/yr - ₹13.5 L/yr
BFSI, Investments & Trading Manager II Salary 1 - 7 years exp. (23 salaries)	₹8.6 L/yr - ₹12 L/yr
Login to view exact salary
Human Resources Manager II Salary 1 - 5 years exp. (9 salaries)	₹7.5 L/yr - ₹12.5 L/yr
Sales & Business Development Manager II Salary 1 - 6 years exp. (7 salaries)	₹9.5 L/yr - ₹12 L/yr
Marketing & Communication Manager II Salary 2 - 4 years exp. (6 salaries)	₹8.2 L/yr - ₹12 L/yr

View all

Last Updated: 20 Mar 2025

Companies similar to ICICI Prudential Life Insurance for Manager II

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra General Insurance Manager II Salary 9 - 12 years exp. (4 salaries)	₹6 L/yr - ₹7.5 L/yr 35% less
HDFC Ergo General Insurance Manager II Salary 11 - 17 years exp. (4 salaries)	₹9 L/yr - ₹14 L/yr 13% more
Login to view exact salary
SBI Life Insurance Company Manager II Salary 10 - 13 years exp. (4 salaries)	₹12.8 L/yr - ₹15 L/yr 29% more
ICICI Bank Manager II Salary 2 - 16 years exp. (402 salaries)	₹8 L/yr - ₹26.2 L/yr 63% more
PwC Manager II Salary 7 - 15 years exp. (270 salaries)	₹16.8 L/yr - ₹44 L/yr 217% more

Manager II salary at ICICI Prudential Life Insurance ranges between ₹7.5 Lakhs to ₹13.7 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 131 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Manager II salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
1 year (27 salaries)	₹7.5 L/yr - ₹13.5 L/yr
2 years (39 salaries)	₹7.7 L/yr - ₹13.5 L/yr
Login to view exact salary
3 years (25 salaries)	₹7.5 L/yr - ₹12 L/yr
4 years (16 salaries)	₹8 L/yr - ₹13.2 L/yr
5 years (10 salaries)	₹8.9 L/yr - ₹13 L/yr
6 years (10 salaries)	₹8 L/yr - ₹11.9 L/yr
7 years (4 salaries)	₹9.3 L/yr - ₹13.7 L/yr

View all

From

Manager II

1 - 7 years exp.

Senior Manager

0 - 9 years exp.

From

View 2 more levels

Manager II

1 - 7 years exp.

Chief Manager

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

Financial Service Consultant Salary

(1.6k salaries)

₹1.7 L/yr - ₹4.8 L/yr

Associate Key Relationship Manager Salary

(595 salaries)

₹3.3 L/yr - ₹6.5 L/yr

Unit Manager Salary

(545 salaries)

₹1.1 L/yr - ₹4.5 L/yr

Business Trainee Salary

(525 salaries)

₹1 L/yr - ₹6.6 L/yr

Area Manager Salary

(373 salaries)

₹5.8 L/yr - ₹13.2 L/yr

Financial Service Manager Salary

(365 salaries)

₹2 L/yr - ₹4.86 L/yr

Management Trainee Salary

(313 salaries)

₹4 L/yr - ₹9 L/yr

Senior Associate Salary

(291 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Financial Advisor Salary

(156 salaries)

₹0.9 L/yr - ₹6.32 L/yr

Sales Executive Salary

(149 salaries)

₹1.1 L/yr - ₹5.55 L/yr

Top skills at ICICI Prudential Life Insurance for Manager II

Software Configuration Management VBA Manual Testing Strategy Development Claims Adjudication Excel German Analytical Chemistry Selenium Testing Macros Project Management Monitoring IFRS Scalability Administration

Salary related reviews for ICICI Prudential Life Insurance

4.0

Rated by 19 employees for salary & benefits

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

Financial Service Consultant in Kolkata

Full Time

Finance & Accounting Department

1.0

• posted on 02 Dec 2024

1.0

for Salary and Benefits

Likes

...ed for. There is no work-life balance. Company work culture is purely political. No learnings and compensation is below industry standards. Suggestion to anyone who is thinking to work here: Better go for Delivery agent rather work for ICICI Prudential.

Dislikes

Everything

Salary - Bad

+6 more

Financial Service Consultant in Mehsana

Full Time

Sales & Business Development Department

4.0

• posted on 16 Jul 2024

4.0

for Salary and Benefits

Likes

Um it's overall things like salary and atmosphere is good but internal pressure is high

Salary - Good

+1 more

Dislikes

I lost a lot amount for gifting things in bank to employees but not a single bill pass or approval done my manager that's the bad thing ig

Business Trainee in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 05 Oct 2024

4.0

for Salary and Benefits

Likes

HR team are too supportive the best HR team ever, company provides good bonus, incentives.

Salary - Good

Dislikes

The working culture in the direct marketing channel is particularly poor, characterized by various unprofessional behaviors and practices.

Skill development - Poor

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about ICICI Prudential Life Insurance?

Ask anonymously on communities.

ICICI Prudential Life Insurance Manager II Salary FAQs

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

The average salary of a Manager II at ICICI Prudential Life Insurance in India typically ranges from ₹7.5 Lakhs to ₹13.7 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Manager II at ICICI Prudential Life Insurance earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. Manager II 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 100+ ICICI Prudential Life Insurance employees in India.

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

The estimated take-home salary of a Manager II at ICICI Prudential Life Insurance in India typically ranges from ₹74,703 to ₹76,636 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹13.7 Lakhs per year for employees with experience ranging from 1 year to 7 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 100+ 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 Manager II at ICICI Prudential Life Insurance ?

To be a Manager II at ICICI Prudential Life Insurance in india, the key skills required include:

- Software Configuration Management
- VBA
- Manual Testing
- Strategy Development
- Claims Adjudication

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 Manager II in India?

PwC	₹16.8 Lakhs to ₹44.0 Lakhs per year
ICICI Bank	₹8.0 Lakhs to ₹26.2 Lakhs per year
SBI Life Insurance Company	₹12.8 Lakhs to ₹15.0 Lakhs per year
HDFC Ergo General Insurance	₹9.0 Lakhs to ₹14.0 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 Manager II in companies similar to ICICI Prudential Life Insurance in India?

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

Kotak Mahindra General Insurance

₹6.0 Lakhs to ₹7.5 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 Manager II at ICICI Prudential Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹7.5 Lakhs to ₹13.5 Lakhs per year
2 years	₹7.7 Lakhs to ₹13.5 Lakhs per year
3 years	₹7.5 Lakhs to ₹12.0 Lakhs per year
4 years	₹8.0 Lakhs to ₹13.2 Lakhs per year

and so on.

Tell us how to improve this page.

ICICI Prudential Life Insurance Manager II Salaries by Location

Home >
Salaries >
ICICI Prudential Life Insurance Salaries >
ICICI Prudential Life Insurance Manager II Salaries

ICICI Prudential Life Insurance Manager II salary in India ranges between ₹7.5 Lakhs to ₹13.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 131 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

Get AmbitionBox App

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

Companies similar to ICICI Prudential Life Insurance for Manager II

Latest annual salaries shared by ICICI Prudential Life Insurance Manager II

Experience wise ICICI Prudential Life Insurance Manager II salaries

Similar Designation salaries in ICICI Prudential Life Insurance

Top skills at ICICI Prudential Life Insurance for Manager II

Salary related reviews for ICICI Prudential Life Insurance

Financial Service Consultant in Salem

Senior Associate in Mumbai

Financial Service Consultant in Kolkata

Financial Service Consultant in Mehsana

Business Trainee in Bangalore / Bengaluru

ICICI Prudential Life Insurance Manager II Salary FAQs

Tell us how to improve this page.

ICICI Prudential Life Insurance Manager II Salaries by Location