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4.1

based on 6k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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ICICI Prudential Life Insurance Salaries in Mumbai

based on 4.8k latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs
1 - 8 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr

6 - 16 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr

8 - 18 years exp. · Mumbai (AmbitionBox Estimate)
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₹17.3 L/yr - ₹22.1 L/yr

12 - 14 years exp. · Mumbai (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.7 L/yr

0 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.8 L/yr - ₹6.5 L/yr

2 - 16 years exp. · Mumbai (AmbitionBox Estimate)
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₹21.6 L/yr - ₹27.6 L/yr

1 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹14.9 L/yr - ₹19 L/yr

3 - 4 years exp. · Mumbai (AmbitionBox Estimate)
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₹2 L/yr - ₹2.6 L/yr

7 - 9 years exp. · Mumbai (AmbitionBox Estimate)
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₹2 L/yr - ₹3 L/yr

1 - 3 years exp. · Mumbai (AmbitionBox Estimate)
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₹1.5 L/yr - ₹3.3 L/yr

8 - 9 years exp. · Mumbai (AmbitionBox Estimate)
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₹13.9 L/yr - ₹17.8 L/yr

8 - 14 years exp. · Mumbai (AmbitionBox Estimate)
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₹14.4 L/yr - ₹20.5 L/yr

4 - 6 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.3 L/yr

4 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹0.1 L/yr - ₹0.2 L/yr

16 years exp. · Mumbai (AmbitionBox Estimate)
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₹27 L/yr - ₹34.5 L/yr

4 - 8 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.3 L/yr - ₹3.5 L/yr

2 - 13 years exp. · Mumbai (AmbitionBox Estimate)
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₹14.6 L/yr - ₹18.7 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4 L/yr

10 - 14 years exp. · Mumbai (AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.2 L/yr

3 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.6 L/yr

Last Updated: 28 Dec, 2024

Salary related reviews for ICICI Prudential Life Insurance

3.7

Rated by 680 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 21 Sep 2023

4.0
 for  Salary and Benefits

Likes

If you secure good ratings the growth is good in terms of compensation Also if you have good manipulation and negotiation skills you will grow like anything

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Dislikes

Slow paced follow up culture. Old-timers are difficult to deal with they do dot cooperate and you have to follow up multiple times to get things moving.

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Full Time

 · 

Consulting Department

3.0
  •  posted on 10 Oct 2021

2.0
 for  Salary and Benefits

Likes

If you work here automatically your skill set will increase due to work pressure. Management is good. HR policies are good

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Dislikes

... Life Balance. You will have to work on Saturdays and sometimes on Sundays also. According to workload compensation is low that's why you will feel less motivated to work.

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Contractual

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 27 Oct 2024

1.0
 for  Salary and Benefits

Likes

Likes are nothing

Dislikes

There is no good salary hikes ,no promotion for consultant.Even managers donot encourage the consultants when they they want different responsibilities for the salary hike .there is no encouragnent...Also managers donot look to there team they are least bother and do not give any recognization

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Other Department

2.0
  •  posted on 11 Oct 2021

4.0
 for  Salary and Benefits

Likes

If you are looking for a job with higher job security then you can always work here on the cost of compromising your work-life balance. The company pays you well and gives adequate leaves and other allowances but all of it only when your manager agrees to it. They will give you chances to share your ideas, but again its execution won't happen because they like to proceed with their own way.

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Dislikes

Compensation and other allowances are decent but growth is really slow. The Work culture is not so friendly, no boundaries between your professional-personal life and you can always be asked to work on holidays (national holidays too).

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Marketing Department

1.0
  •  posted on 21 Nov 2021

2.0
 for  Salary and Benefits

Likes

The compensation is commensurate industry standards. The brand name drives a lot of reputation in the job market.

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Dislikes

There is no work life balance. There is no opportunities for growth. The team leadership is really old school with traditional thoughts and views on how to run an organisation. The culture is extremely toxic for today’s day and age. No wonder their retention rate is so high.

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ICICI Prudential Life Insurance Salary FAQs

How much does ICICI Prudential Life Insurance pay per year?
The average ICICI Prudential Life Insurance salary ranges from approximately ₹0.5 Lakh to ₹1.2 Lakh per year for a Operations Coordinator and ₹50 Lakhs to ₹99 Lakhs per year for a Senior Vice President. Salary estimates are based on 4.8k ICICI Prudential Life Insurance salaries received from various employees of ICICI Prudential Life Insurance. ICICI Prudential Life Insurance employees rate the overall salary and benefits package 3.7/5 stars.
What is the highest salary in ICICI Prudential Life Insurance?
The highest-paying job at ICICI Prudential Life Insurance is a Senior Vice President with a salary of ₹50 Lakhs to ₹99 Lakhs per year. The top 10% of employees earn more than ₹12.04 lakhs per year. The top 1% earn more than a whopping ₹28 lakhs per year.
What is the minimum salary in ICICI Prudential Life Insurance?
Minimum salary at ICICI Prudential Life Insurance depends on the role you are applying for. For Unit Manager the minimum salary is ₹1.4 Lakh to ₹4.5 Lakhs per year, and for Financial Service Consultant the minimum salary is ₹1.5 Lakh to ₹5.5 Lakhs per year and so on.
What is the salary package for freshers in ICICI Prudential Life Insurance?
The average salary at ICICI Prudential Life Insurance for freshers varies from ₹1.2 Lakh to ₹2.4 Lakhs per year for Customer Care Executive and ₹11 Lakhs to ₹17 Lakhs per year for Business Associate.
What is the notice period at ICICI Prudential Life Insurance in Mumbai?
According to AmbitionBox, 46% of the ICICI Prudential Life Insurance employees in Mumbai reported a notice period of 2 Months, 38% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 2.8k responses on AmbitionBox in last 2 years.

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Average annual salary in ICICI Prudential Life Insurance , Mumbai is INRunlock blur . Salary estimates are based on 4.8k ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

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