Upload Button Icon Add office photos
4.1

based on 6k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

zig zag pattern zig zag pattern
filter salariesFilter salaries by

ICICI Prudential Life Insurance Manager II salaries in Mumbai

Annual salary range
1 - 13 years exp.
₹8 Lakhs - ₹13.5 Lakhs
Salary of majority employees
unlock blur
unlock blur

48% less than the average Manager II Salary in Insurance Companies for 1 - 13 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Manager II Salary
1 - 8 years exp. (25 salaries)
unlock-blur

₹9 L/yr - ₹13.5 L/yr

BFSI, Investments & Trading
Manager II Salary
1 - 11 years exp. (16 salaries)
unlock-blur

₹8.8 L/yr - ₹12 L/yr

Marketing & Communication
Manager II Salary
2 - 4 years exp. (6 salaries)
unlock-blur

₹8.2 L/yr - ₹12 L/yr

Customer Success, Service & Operations
Manager II Salary
8 - 13 years exp. (5 salaries)
unlock-blur

₹9.3 L/yr - ₹11.7 L/yr

Sales & Business Development
Manager II Salary
2 - 6 years exp. (4 salaries)
unlock-blur

₹9.5 L/yr - ₹11 L/yr

View all

Last Updated: 17 Jan 2025

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

Logo
ICICI Prudential Life Insurance Manager II Salary

1 - 13 years exp. (97 salaries)

unlock blur

₹8 L/yr - ₹13.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
SBI Life Insurance Company Manager II Salary

10 - 12 years exp. (3 salaries)

unlock blur

₹12.8 L/yr - ₹15 L/yr

arrow icon 30% more
Logo
ICICI Bank Manager II Salary

3 - 16 years exp. (141 salaries)

unlock blur

₹9.5 L/yr - ₹24.7 L/yr

arrow icon 63% more
Logo
Flipkart Manager II Salary

4 - 15 years exp. (13 salaries)

unlock blur

₹18 L/yr - ₹26.2 L/yr

arrow icon 128% more
1 job opening
Logo
Sun Pharmaceutical Industries Manager II Salary

6 - 15 years exp. (12 salaries)

unlock blur

₹7.2 L/yr - ₹13.5 L/yr

arrow icon 5% more
Logo
PwC Manager II Salary

8 - 14 years exp. (10 salaries)

unlock blur

₹19 L/yr - ₹37.5 L/yr

arrow icon 213% more
Manager II salary at ICICI Prudential Life Insurance ranges between ₹8 Lakhs to ₹13.5 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 97 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Manager II in Mumbai

2d ago
avg blur mobile
2 years exp.
1w ago
avg blur mobile
1 year exp.
4w ago
avg blur mobile
8 years exp.
4w ago
avg blur mobile
1 year exp.
1mo ago
avg blur mobile
2 years exp.
1mo ago
avg blur mobile
2 years exp.
1mo ago
avg blur mobile
3 years exp.
2mo ago
avg blur mobile
2 years exp.
2mo ago
avg blur mobile
4 years exp.
2mo ago
avg blur mobile
5 years exp.

Experience wise ICICI Prudential Life Insurance Manager II salaries in Mumbai

Last Updated: 17 Jan 2025

Experience Avg Annual Salary
1 year  (19 salaries)

unlock blur

₹8 L/yr - ₹13.5 L/yr
2 years  (26 salaries)

unlock blur

₹8.2 L/yr - ₹13 L/yr
3 years  (18 salaries)

unlock blur

₹8.2 L/yr - ₹12 L/yr
4 years  (11 salaries)

unlock blur

₹10 L/yr - ₹13.2 L/yr
5 years  (6 salaries)

unlock blur

₹9.2 L/yr - ₹13 L/yr
View all
ICICI Prudential Life Insurance Manager II Salary and Career Growth

From

To

Manager II

unlock blur Lakhs/yr

1 - 13 years exp.

Chief Manager

unlock blur Lakhs/yr

7 - 23 years exp.

Manager II 1 - 13 years exp.
unlock blur
Senior Manager 1 1 - 15 years exp.
unlock blur
arrow icon 70% hike
Senior Manager 2 3 - 18 years exp.
unlock blur
arrow icon 42% hike

View more

From

To

Manager II

unlock blur

1 - 13 years exp.

Senior Manager

unlock blur

0 - 15 years exp.

Similar Designation salaries in ICICI Prudential Life Insurance

unlock blur
₹2 L/yr - ₹4.5 L/yr
Senior Associate Salary
(180 salaries)
unlock blur
₹2.5 L/yr - ₹5.3 L/yr
Unit Manager Salary
(94 salaries)
unlock blur
₹2 L/yr - ₹4.5 L/yr
unlock blur
₹2.65 L/yr - ₹4.5 L/yr
unlock blur
₹4 L/yr - ₹6.25 L/yr
Area Manager Salary
(48 salaries)
unlock blur
₹7 L/yr - ₹12 L/yr
unlock blur
₹5 L/yr - ₹9.6 L/yr
unlock blur
₹4 L/yr - ₹5.2 L/yr
Sales Executive Salary
(15 salaries)
unlock blur
₹1.8 L/yr - ₹3.49 L/yr
unlock blur
₹2 L/yr - ₹6 L/yr

Top skills at ICICI Prudential Life Insurance for Manager II

Project Management Monitoring IFRS Scalability Administration Team Management Change Management Process Management Root Cause Analysis Testing Management Automation Testing Business Process Re - engineering Product Testing Relationship Management

Salary related reviews for ICICI Prudential Life Insurance

4.4

Rated by 10 employees for salary & benefits

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

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.

read more

Dislikes

Everything

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

read 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

read more

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.

read more

Dislikes

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

read 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
see more salary related reviews

Discover interview dos and don'ts from real experiences

ICICI Prudential Life Insurance Manager II Salary FAQs

What is the salary of Manager II at ICICI Prudential Life Insurance Mumbai?
Manager II salary at ICICI Prudential Life Insurance in Mumbai ranges between ₹8.0 Lakhs to ₹13.5 Lakhs for experience between 1 years to 13 years. According to our estimates it is 48% less than the average Manager II Salary in India. Salary estimates are based on 97 latest salaries received from various employees of ICICI Prudential Life Insurance Mumbai.
How does the salary of a Manager II at ICICI Prudential Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Manager II at ICICI Prudential Life Insurance is 48% less than the average salary of a Manager II in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Manager II at ICICI Prudential Life Insurance?
Project Management, Monitoring, IFRS, Scalability and Administration are some of the popular skills required to work as a Manager II at ICICI Prudential Life Insurance Mumbai.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Manager II in Mumbai?
  • PwC Manager II Salary - ₹19.0 Lakhs to ₹37.5 Lakhs per year
  • Flipkart Manager II Salary - ₹18.0 Lakhs to ₹26.2 Lakhs per year
  • ICICI Bank Manager II Salary - ₹9.5 Lakhs to ₹24.7 Lakhs per year
  • SBI Life Insurance Company Manager II Salary - ₹12.8 Lakhs to ₹15.0 Lakhs per year
  • Sun Pharmaceutical Industries Manager II Salary - ₹7.2 Lakhs to ₹13.5 Lakhs per year
What is the estimated take home salary of a Manager II at ICICI Prudential Life Insurance in Mumbai?
The estimated take-home salary of a Manager II at ICICI Prudential Life Insurance ranges between ₹75,010 per month to ₹76,951 per month in Mumbai. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Manager II salary in India which ranges between ₹8.0 Lakhs to ₹13.5 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 II at ICICI Prudential Life Insurance in Mumbai?
According to AmbitionBox, 82% of the ICICI Prudential Life Insurance Manager IIs in Mumbai reported a notice period of 2 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 61 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Prudential Life Insurance Manager II salary in Mumbai ranges between ₹8 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 97 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.