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ICICI Prudential Life Insurance Salaries in Mumbai (Updated 2025)

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
3 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

4 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

10 years exp. · Mumbai (AmbitionBox Estimate)
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₹23.4 L/yr - ₹29.9 L/yr

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

3 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr

3 years exp. · Mumbai (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Fresher · Mumbai (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

11 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

13 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.7 L/yr - ₹13.7 L/yr

3 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹6.4 L/yr - ₹8 L/yr

3 years exp. · Mumbai (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr

9 years exp. · Mumbai (AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

12 years exp. · Mumbai (AmbitionBox Estimate)
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₹15.1 L/yr - ₹19.3 L/yr

18 years exp. · Mumbai (AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.4 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3 L/yr

3 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Fresher · Mumbai (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr

Last Updated: 28 Mar, 2025

Salary related reviews for ICICI Prudential Life Insurance

3.7

Rated by 729 employees for salary & benefits

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.

read more
  • Skill development - Bad
  • +5 more

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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  • Salary - Good
  • +1 more

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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  • Skill development - Poor

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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  • Skill development - Good
  • +2 more

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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  • Salary - Poor
  • +1 more

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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  • Salary - Bad
  • +6 more

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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  • Salary - Good
  • +1 more

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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  • Skill development - Poor
  • +4 more
see more salary related reviews

ICICI Prudential Life Insurance Salary FAQs

How much does ICICI Prudential Life Insurance pay to its employees?
The average annual salary at ICICI Prudential Life Insurance varies depending on the role, experience, and location. The salary ranges for some popular designations at ICICI Prudential Life Insurance, are as follows:

Associate Information Security Consultant ₹4.5 Lakhs to ₹5.8 Lakhs per year
Associate Medical Underwriter ₹2.5 Lakhs to ₹3.2 Lakhs per year
Associate Vice President Human Resource ₹23.4 Lakhs to ₹29.9 Lakhs per year
Associate Vice President Product Management ₹27 Lakhs to ₹34.5 Lakhs per year

The highest-paying role, Senior Vice President, earns between ₹50 Lakhs to ₹99 Lakhs per year. The top 10% of employees earn more than ₹12.6 Lakhs per year, and the top 1% earn over ₹28 Lakhs per year. Salaries at ICICI Prudential Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 4.8k salaries submitted by ICICI Prudential Life Insurance employees. ICICI Prudential Life Insurance is rated 3.7 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at ICICI Prudential Life Insurance in Mumbai?
The salary of a fresher at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹1 Lakh to ₹17 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Financial Service Consultant Salary ₹1.7 Lakhs to ₹4.6 Lakhs per year
Fresher as a Business Trainee Salary ₹1 Lakhs to ₹6 Lakhs per year
Fresher as a Management Trainee Salary ₹4.4 Lakhs to ₹8 Lakhs per year
Fresher as a Unit Manager Salary ₹1.7 Lakhs to ₹3.8 Lakhs per year

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Average annual salary in ICICI Prudential Life Insurance , Mumbai is INRunlock blur . Salary estimates are based on 4800+ ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

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