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ICICI Prudential Life Insurance Managing Partner salaries in India

Annual salary range
8 - 16 years exp.
₹10 Lakhs - ₹13.8 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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64% less than the average Managing Partner Salary in Insurance Companies for 8 - 16 years of experience

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Last Updated: 2 Jan 2024

Companies similar to ICICI Prudential Life Insurance for Managing Partner

Company name Avg Annual Salary Open Jobs
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Max Life Insurance Managing Partner Salary

11 - 22 years exp. (21 salaries)

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₹16.2 L/yr - ₹24.4 L/yr

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2 job openings
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₹2.5 L/yr - ₹6.8 L/yr

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₹3.3 L/yr - ₹6.6 L/yr

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₹9 L/yr - ₹12.9 L/yr

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Deloitte Managing Partner Salary

9 - 24 years exp. (40 salaries)

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₹53.1 L/yr - ₹1.4 Cr/yr

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Managing Partner salary at ICICI Prudential Life Insurance ranges between ₹10 Lakhs to ₹13.8 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Managing Partner

11mo ago
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10 years exp.
1y ago
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9 years exp.
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8 years exp.

Experience wise ICICI Prudential Life Insurance Managing Partner salaries

Last Updated: 2 Jan 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹12.4 L/yr - ₹23.8 L/yr
9 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹13.8 L/yr
10 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹13.8 L/yr
11 years (AmbitionBox Estimate)

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₹11.4 L/yr - ₹14.6 L/yr
12 years (AmbitionBox Estimate)

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₹11.2 L/yr - ₹14.4 L/yr
View all

Similar Designation salaries in ICICI Prudential Life Insurance

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₹4.5 L/yr - ₹9.6 L/yr
Finance Manager Salary
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₹2.05 L/yr - ₹4.61 L/yr
Credit Manager Salary
(3 salaries)
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₹2.6 L/yr - ₹8 L/yr
Audit Manager Salary
(AmbitionBox Estimate)
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₹10 L/yr - ₹12.8 L/yr
Deputy Manager Salary
(43 salaries)
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₹2.25 L/yr - ₹8 L/yr
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₹2.4 L/yr - ₹3.8 L/yr
Senior Analyst Salary
(5 salaries)
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₹2.8 L/yr - ₹6.19 L/yr
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₹3.5 L/yr - ₹8.2 L/yr
Senior Associate Salary
(286 salaries)
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₹2.5 L/yr - ₹5.3 L/yr
Senior Consultant Salary
(AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.6 L/yr

Salary related reviews for ICICI Prudential Life Insurance

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

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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Marketing & Communication Department

5.0
  •  posted on 16 Jul 2019

5.0
 for  Salary and Benefits

Likes

.... We can improve our product knowledge and skills. Pleasant environment to work. Good salary.

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Dislikes

Products are good but a good training must be need for starters.

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 30 Oct 2024

1.0
 for  Salary and Benefits

Likes

I like the culture little bit but salary is very bad only they provide good salary to the college placement peoples

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Dislikes

Many of the things like salary and designation is totally not up to the mark of someone is from college placement they provide good package and designation doesn't matter it's a fresher and when we talk about experience person there expectations are very high towards but salary is very very less

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 21 Aug 2024

1.0
 for  Salary and Benefits

Likes

Company develop people by learning and valuable skills. Customer first, best product's with features.

Dislikes

... 18 years of my life to the company , doesn’t recognise handwork and commitment.New hires from outside the company are brought in at higher salary's. That kind of thing unvalued and disheartened.

read more
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ICICI Prudential Life Insurance Managing Partner Salary FAQs

What is the salary of Managing Partner at ICICI Prudential Life Insurance?
Managing Partner salary at ICICI Prudential Life Insurance in India ranges between ₹10.0 Lakhs to ₹13.8 Lakhs for experience between 8 years to 16 years. According to our estimates it is 64% less than the average Managing Partner Salary in India. Salary estimates are based on 5 latest salaries received from various employees of ICICI Prudential Life Insurance India.
How does the salary of a Managing Partner at ICICI Prudential Life Insurance India compare with the average salary range for this job?
The average salary of a Managing Partner at ICICI Prudential Life Insurance is 64% less than the average salary of a Managing Partner in India. To know exact salary insights, login to view.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Managing Partner in India?
  • Deloitte Managing Partner Salary - ₹53.1 Lakhs to ₹139.0 Lakhs per year
  • Max Life Insurance Managing Partner Salary - ₹16.2 Lakhs to ₹24.4 Lakhs per year
What is the salary of a Managing Partner in companies similar to ICICI Prudential Life Insurance in India?
  • Aditya Birla Sun Life Insurance Managing Partner Salary - ₹9.0 Lakhs to ₹12.9 Lakhs per year
  • Kotak Mahindara Life Insurance Managing Partner Salary - ₹2.5 Lakhs to ₹6.8 Lakhs per year
  • Reliance Nippon Life Insurance Managing Partner Salary - ₹3.3 Lakhs to ₹6.6 Lakhs per year
What is the estimated take home salary of a Managing Partner at ICICI Prudential Life Insurance in India?
The estimated take-home salary of a Managing Partner at ICICI Prudential Life Insurance ranges between ₹88,546 per month to ₹90,870 per month in India. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Managing Partner salary in India which ranges between ₹10.0 Lakhs to ₹13.8 Lakhs per year for employees with experience between 8 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Managing Partner at ICICI Prudential Life Insurance?
According to AmbitionBox, 100% of the ICICI Prudential Life Insurance Managing Partners reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Prudential Life Insurance Managing Partner salary in India ranges between ₹10 Lakhs to ₹13.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.