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ICICI Prudential Life Insurance Manager salaries in Surat

Annual salary range
2 - 8 years exp.
₹3.4 Lakhs - ₹7.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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44% less than the average Manager Salary in Insurance Companies for 2 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹7.1 L/yr

Sales & Business Development
Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹7.4 L/yr

Last Updated: 13 Jul 2023

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ICICI Prudential Life Insurance Manager Salary

2 - 8 years exp. (3 salaries)

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₹3.4 L/yr - ₹7.2 L/yr

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Manager salary at ICICI Prudential Life Insurance ranges between ₹3.4 Lakhs to ₹7.2 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Manager in Surat

1y ago
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8 years exp.
1y ago
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3 years exp.
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2 years exp.

Experience wise ICICI Prudential Life Insurance Manager salaries in Surat

Last Updated: 13 Jul 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹6 L/yr - ₹12.5 L/yr
3 years (AmbitionBox Estimate)

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₹6 L/yr - ₹12.5 L/yr
4 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8 L/yr
5 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8.1 L/yr
6 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8.1 L/yr
View all

Similar Designation salaries in ICICI Prudential Life Insurance

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₹2.4 L/yr - ₹3.5 L/yr

Top skills at ICICI Prudential Life Insurance for Manager

Management Interpersonal Skills Sales Risk Control Stakeholder Management

Salary related reviews for ICICI Prudential Life Insurance

Full Time

 · 

Other Department

3.0
  •  posted on 19 Sep 2023

2.0
 for  Salary and Benefits

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

read more

Operations Department

4.0
  •  posted on 26 Feb 2020

2.0
 for  Salary and Benefits

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.

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Dislikes

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

Financial analysis and business planning Department

4.0
  •  posted on 29 Dec 2018

3.0
 for  Salary and Benefits

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.

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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.

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Full Time

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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.

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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.

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Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 19 Jan 2023

1.0
 for  Salary and Benefits

Likes

Job security, Support for freshers

Dislikes

Low salary, Low increment, Minimal learning, Highly sales oriented job, Abusive managers, Pressure, 6 days a week working, No gifts, No reimbursement, High degree of misselling of products to achieve sales target

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ICICI Prudential Life Insurance Manager Salary FAQs

What is the notice period for Manager at ICICI Prudential Life Insurance in Surat?
According to AmbitionBox, 100% of the ICICI Prudential Life Insurance Managers in Surat reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Manager salary in Surat ranges between ₹3.4 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.