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

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.

Dislikes

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

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.

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.

Likes

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

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

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.

Likes

Salary is decent, but lesser than offered by MNCs and Startups. Good support for freshers.

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.