ICICI Prudential Life Insurance Operations Manager 1 Salaries by 4 Employees

7 - 10 years exp.

₹5.8 Lakhs - ₹9.5 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

46% less than the average Operations Manager 1 Salary in Insurance Companies for 7 - 10 years of experience

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Salaries in different departments

Risk Management & Compliance Operations Manager 1 Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹7.6 L/yr
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Administration & Facilities Operations Manager 1 Salary 7 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr

Last Updated: 1 Dec 2024

Companies similar to ICICI Prudential Life Insurance for Operations Manager 1

Company name	Avg Annual Salary	Open Jobs
Amazon Operations Manager 1 Salary 1 - 10 years exp. (46 salaries)	₹9 L/yr - ₹24 L/yr 93% more
Wells Fargo Operations Manager 1 Salary 7 - 15 years exp. (20 salaries)	₹8.3 L/yr - ₹20 L/yr 105% more
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Concentrix Corporation Operations Manager 1 Salary 12 - 18 years exp. (15 salaries)	₹9.4 L/yr - ₹13 L/yr 57% more
Amazon Transportation Services Operations Manager 1 Salary 3 - 14 years exp. (10 salaries)	₹12.7 L/yr - ₹17.5 L/yr 114% more
Axis Bank Operations Manager 1 Salary 8 - 13 years exp. (5 salaries)	₹6.5 L/yr - ₹9 L/yr 4% more

Operations Manager 1 salary at ICICI Prudential Life Insurance ranges between ₹5.8 Lakhs to ₹9.5 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Operations Manager 1 salaries

Last Updated: 1 Dec 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
8 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
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9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr

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Salary related reviews for ICICI Prudential Life Insurance

Service Manager in Jaipur

Full Time

Sales & Business Development Department

3.0

• posted on 05 Apr 2021

2.0

for Salary and Benefits

Likes

Work environment is good, colleagues always help to others, company policies are good

Company culture - Good

Dislikes

Confusing policies management dosen't help in resolving the issues, good salary but incentive criteria is not fix, senior managers always pressurize you for work even you performance more than better. New appointees always face struggle for training

Salary - Poor

+4 more

Relationship Manager in Saharsa

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.

Salary - Excellent

+6 more

Relationship Manager in Mumbai

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

Salary - Poor

+4 more

Team Lead in Indore

Engineering - Software & QA Department

5.0

• posted on 06 Sep 2019

5.0

for Salary and Benefits

Likes

I love the fact that i’m a part of a team that reliable l, high-quality products and has a global client base. As a result i get to interact with high profile people, celebrity and many more thinks to learn Another plus point is that my colleagues and Leadership Team is very much supportive & we work happily in collaboration.!!☺️

Salary - Excellent

+6 more

Dislikes

...gative wives so sometime we have to work more than shift timing but it’s okay becouse if we will spend more hours will get more salary.

Business Development Manager in Sambalpur

Agency Sales Department

3.0

• posted on 08 Aug 2020

4.0

for Salary and Benefits

Likes

Salary is ok, training is provided on the regular basis. Bonus and increaments are good.

Salary - Good

+1 more

Dislikes

Internal politics in management and higher posts, superior treats like a dog. Very bad and abusive language is used on the bad days. Little to no patience is there in the upper management.

Promotions - Poor

+1 more

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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ICICI Prudential Life Insurance Operations Manager 1 Salary FAQs

What is the salary of Operations Manager 1 at ICICI Prudential Life Insurance ?

The average salary of a Operations Manager 1 at ICICI Prudential Life Insurance in India typically ranges from ₹5.8 Lakhs to ₹9.5 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Operations Manager 1 at ICICI Prudential Life Insurance earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. Operations Manager 1 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 4 ICICI Prudential Life Insurance employees in India.

What is the estimated take home salary of a Operations Manager 1 at ICICI Prudential Life Insurance in India?

The estimated take-home salary of a Operations Manager 1 at ICICI Prudential Life Insurance in India typically ranges from ₹55,336 to ₹56,721 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from 7 years to 10 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 4 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 Manager 1 in India?

Amazon Transportation Services	₹12.7 Lakhs to ₹17.5 Lakhs per year
Wells Fargo	₹8.3 Lakhs to ₹20.0 Lakhs per year
Amazon	₹9.0 Lakhs to ₹24.0 Lakhs per year
Concentrix Corporation	₹9.4 Lakhs to ₹13.0 Lakhs per year
Axis Bank	₹6.5 Lakhs to ₹9.0 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.

How the salary growth look like for a Operations Manager 1 at ICICI Prudential Life Insurance in India?

The salary growth for a Operations Manager 1 at ICICI Prudential Life Insurance depends on factors such as experience, performance, and promotions. On average, a Operations Manager 1 can expect the following growth trajectory at ICICI Prudential Life Insurance:

Experience	Average Salary Range
7 years	₹8.6 Lakhs to ₹10.9 Lakhs per year
8 years	₹5.2 Lakhs to ₹6.7 Lakhs per year
9 years	₹6.1 Lakhs to ₹7.8 Lakhs per year
10 years	₹6.9 Lakhs to ₹8.8 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Operations Manager 1 Salaries

ICICI Prudential Life Insurance Operations Manager 1 salary in India ranges between ₹5.8 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.