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ICICI Prudential Life Insurance Operations Associate salaries in India (Updated 2025)

Annual salary range
1 - 4 years exp.
₹2.1 Lakhs - ₹4 Lakhs
Salary of majority employees
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10% less than the average Operations Associate Salary in Insurance Companies for 1 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Operations Associate Salary
1 - 4 years exp. (14 salaries)
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₹2.1 L/yr - ₹4 L/yr

BFSI, Investments & Trading
Operations Associate Salary
1 - 4 years exp. (6 salaries)
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₹2.5 L/yr - ₹3.5 L/yr

Finance & Accounting
Operations Associate Salary
1 - 4 years exp. (4 salaries)
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₹2.2 L/yr - ₹3.5 L/yr

Marketing & Communication
Operations Associate Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.5 L/yr

Last Updated: 24 Jan 2025

Companies similar to ICICI Prudential Life Insurance for Operations Associate

Company name Avg Annual Salary Open Jobs
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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 8% less
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HDFC Life Operations Associate Salary

1 - 5 years exp. (14 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 1% less
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₹2.3 L/yr - ₹4.1 L/yr

arrow icon 1% more
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Swiss Re Operations Associate Salary

0 - 12 years exp. (4 salaries)

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₹4.8 L/yr - ₹12 L/yr

arrow icon 148% more
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₹3 L/yr - ₹4 L/yr

arrow icon 5% more
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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 22% less
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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 8% less
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Empower Operations Associate Salary

0 - 2 years exp. (4 salaries)

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₹3.3 L/yr - ₹4.5 L/yr

arrow icon 23% more
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₹1.8 L/yr - ₹2.3 L/yr

arrow icon 38% less
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₹3.5 L/yr - ₹23 L/yr

arrow icon 200% more
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₹3.6 L/yr - ₹5 L/yr

arrow icon 32% more
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PNB MetLife Operations Associate Salary

0 - 19 years exp. (4 salaries)

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₹2 L/yr - ₹19 L/yr

arrow icon 114% more
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₹1.8 L/yr - ₹3.8 L/yr

arrow icon 15% less
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₹1.3 L/yr - ₹2.8 L/yr

arrow icon 28% less
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Allianz Operations Associate Salary

0 - 1 year exp. (3 salaries)

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₹1.6 L/yr - ₹3 L/yr

arrow icon 21% less
Operations Associate salary at ICICI Prudential Life Insurance ranges between ₹2.1 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 36 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Operations Associate

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Experience wise ICICI Prudential Life Insurance Operations Associate salaries

Last Updated: 24 Jan 2025

Experience Avg Annual Salary
1 year  (9 salaries)

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₹2 L/yr - ₹3.5 L/yr
2 years  (9 salaries)

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₹2.2 L/yr - ₹4 L/yr
3 years  (10 salaries)

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₹2.8 L/yr - ₹4 L/yr
4 years  (8 salaries)

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₹2.5 L/yr - ₹3.5 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

Senior Associate Salary
(301 salaries)
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₹2.4 L/yr - ₹5.5 L/yr
Operations Analyst Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
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₹1.5 L/yr - ₹7.5 L/yr
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₹1.7 L/yr - ₹3.6 L/yr
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₹2.5 L/yr - ₹6 L/yr
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₹5 L/yr - ₹5.2 L/yr
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₹1.9 L/yr - ₹7 L/yr
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₹2 L/yr - ₹5.2 L/yr
Senior Analyst Salary
(4 salaries)
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₹3.6 L/yr - ₹8.07 L/yr
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₹3.8 L/yr - ₹4.2 L/yr

Salary related reviews for ICICI Prudential Life Insurance

4.3

Rated by 14 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 07 Apr 2021

5.0
 for  Salary and Benefits

Likes

ICICI Prudential Life Insurance is very Good work environment and culture. Teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Salary is decent

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

Customer Success, Service & Operations Department

5.0
  •  posted on 12 Aug 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling.company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Marketing & Communication Department

1.0
  •  posted on 26 Mar 2021

2.0
 for  Salary and Benefits

Likes

- Allowances are good. - Salary comes on time.

  • Job security - Good

Dislikes

There is absolutely no work life balance here. The boss / super boss everyone speaks in a very demotivating and degrading tone. It is very abusive and toxic. Unrealistic expectations and extremely abusive culture

read more
  • Salary - Poor
  • +4 more

Customer Success, Service & Operations Department

4.0
  •  posted on 20 Aug 2020

4.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good Salary hike and bonus every year.

read more
  • Salary - Good
  • +4 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2years before which you cannot resign. On the job training is not given to new joinees.

read more
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ICICI Prudential Life Insurance Operations Associate Salary FAQs

What is the salary of Operations Associate at ICICI Prudential Life Insurance ?
The average salary of a Operations Associate at ICICI Prudential Life Insurance in India typically ranges from ₹2.1 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Operations Associate at ICICI Prudential Life Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Operations Associate 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 estimates are based on salary data submitted by 30+ ICICI Prudential Life Insurance employees in India.
What is the estimated take home salary of a Operations Associate at ICICI Prudential Life Insurance in India?
The estimated take-home salary of a Operations Associate at ICICI Prudential Life Insurance in India typically ranges from ₹23,192 to ₹24,657 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of ICICI Prudential Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than ICICI Prudential Life Insurance for Operations Associate in India?
Bajaj Allianz Life Insurance ₹3.5 Lakhs to ₹23.0 Lakhs per year
Swiss Re ₹4.8 Lakhs to ₹12.0 Lakhs per year
PNB MetLife ₹2.0 Lakhs to ₹19.0 Lakhs per year
HDFC Ergo General Insurance ₹3.6 Lakhs to ₹5.0 Lakhs per year
Empower ₹3.3 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Prudential Life Insurance, depending on the role and experience level.
What is the salary of a Operations Associate in companies similar to ICICI Prudential Life Insurance in India?
The salary of a Operations Associate at companies similar to ICICI Prudential Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI General Insurance ₹3.0 Lakhs to ₹4.0 Lakhs per year
Axis Max Life Insurance ₹2.3 Lakhs to ₹4.1 Lakhs per year
HDFC Life ₹1.8 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company ₹1.5 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Sun Life Insurance ₹1.8 Lakhs to ₹3.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Operations Associate at ICICI Prudential Life Insurance in India?
The salary growth for a Operations Associate at ICICI Prudential Life Insurance depends on factors such as experience, performance, and promotions. On average, a Operations Associate can expect the following growth trajectory at ICICI Prudential Life Insurance:

Experience Average Salary Range
1 year ₹2.0 Lakhs to ₹3.5 Lakhs per year
2 years ₹2.2 Lakhs to ₹4.0 Lakhs per year
3 years ₹2.8 Lakhs to ₹4.0 Lakhs per year
4 years ₹2.5 Lakhs to ₹3.5 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Prudential Life Insurance Operations Associate salary in India ranges between ₹2.1 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 36 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.