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

1 - 13 years exp.

₹8 Lakhs - ₹13.7 Lakhs

Salary of majority employees

47% less than the average Manager II Salary in Insurance Companies for 1 - 13 years of experience

Interested in this particular role? 11 job openings

Salaries in different departments

Finance & Accounting Manager II Salary 1 - 8 years exp. (25 salaries)	₹9 L/yr - ₹13.5 L/yr
BFSI, Investments & Trading Manager II Salary 1 - 11 years exp. (17 salaries)	₹8.8 L/yr - ₹12 L/yr
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Customer Success, Service & Operations Manager II Salary 8 - 13 years exp. (6 salaries)	₹9.3 L/yr - ₹11.7 L/yr
Marketing & Communication Manager II Salary 2 - 4 years exp. (6 salaries)	₹8.2 L/yr - ₹12 L/yr
Project & Program Management Manager II Salary 1 - 12 years exp. (4 salaries)	₹11.4 L/yr - ₹13.7 L/yr

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Last Updated: 11 Feb 2025

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

ICICI Prudential Life Insurance Manager II Salary

1 - 13 years exp. (104 salaries)

₹8 L/yr - ₹13.7 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Manager II Salary 10 - 13 years exp. (4 salaries)	₹12.8 L/yr - ₹15 L/yr 24% more
ICICI Bank Manager II Salary 3 - 16 years exp. (136 salaries)	₹8.5 L/yr - ₹24.7 L/yr 57% more
Login to view exact salary
Flipkart Manager II Salary 4 - 15 years exp. (14 salaries)	₹18 L/yr - ₹26.2 L/yr 120% more	1 job opening
Sun Pharmaceutical Industries Manager II Salary 8 - 15 years exp. (11 salaries)	₹8.4 L/yr - ₹13.5 L/yr 7% more	2 job openings
PwC Manager II Salary 8 - 14 years exp. (10 salaries)	₹21 L/yr - ₹37.5 L/yr 207% more

Manager II salary at ICICI Prudential Life Insurance ranges between ₹8 Lakhs to ₹13.7 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 104 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Manager II salaries in Mumbai

Last Updated: 11 Feb 2025

Experience	Avg Annual Salary
1 year (21 salaries)	₹8 L/yr - ₹13.5 L/yr
2 years (26 salaries)	₹8.2 L/yr - ₹13 L/yr
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3 years (19 salaries)	₹8.2 L/yr - ₹12 L/yr
4 years (11 salaries)	₹10 L/yr - ₹13.2 L/yr
5 years (7 salaries)	₹9.2 L/yr - ₹13 L/yr
6 years (5 salaries)	₹9.2 L/yr - ₹11.9 L/yr
7 years (4 salaries)	₹9.3 L/yr - ₹13.7 L/yr
8 years (4 salaries)	₹8 L/yr - ₹11.7 L/yr
9 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.7 L/yr
10 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.2 L/yr
11 years (AmbitionBox Estimate)	₹9 L/yr - ₹19 L/yr
12 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹12.5 L/yr
13 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹18.8 L/yr

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From

Manager II

₹

Lakhs/yr

1 - 13 years exp.

Chief Manager

₹

Lakhs/yr

8 - 23 years exp.

Manager II 1 - 13 years exp.

Senior Manager 1 1 - 15 years exp.

61% hike

Senior Manager 2 3 - 18 years exp.

49% hike

From

Manager II

1 - 13 years exp.

Senior Manager

0 - 9 years exp.

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Top skills at ICICI Prudential Life Insurance for Manager II

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

Salary related reviews for ICICI Prudential Life Insurance

4.5

Rated by 11 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

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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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 ₹13.7 Lakhs for experience between 1 years to 13 years. According to our estimates it is 47% less than the average Manager II Salary in India. Salary estimates are based on 104 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 47% 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?

Software Configuration Management, VBA, Manual Testing, Project Management and Strategy Development 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 - ₹21.0 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 - ₹8.5 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 - ₹8.4 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 ₹77,229 per month to ₹79,233 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 ₹13.7 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, 83% of the ICICI Prudential Life Insurance Manager IIs in Mumbai reported a notice period of 2 Months, 12% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 60 responses on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Manager II Salaries in Mumbai

ICICI Prudential Life Insurance Manager II salary in Mumbai ranges between ₹8 Lakhs to ₹13.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 104 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.