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4.1

based on 6k Reviews

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ICICI Prudential Life Insurance Process Associate salaries in India

Annual salary range
1 - 6 years exp.
₹2.5 Lakhs - ₹6 Lakhs
Salary of majority employees
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13% more than the average Process Associate Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

Data Science & Analytics
Process Associate Salary
2 - 6 years exp. (3 salaries)
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₹2.7 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Process Associate Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4 L/yr

Finance & Accounting
Process Associate Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.4 L/yr

Sales & Business Development
Process Associate Salary
5 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹4.3 L/yr

Last Updated: 28 Sep 2024

Companies similar to ICICI Prudential Life Insurance for Process Associate

Company name Avg Annual Salary Open Jobs
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HDFC Life Process Associate Salary

0 - 4 years exp. (26 salaries)

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₹1.5 L/yr - ₹3.1 L/yr

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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 30% less
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Max Life Insurance Process Associate Salary

1 - 6 years exp. (12 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 28% less
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₹1.8 L/yr - ₹4 L/yr

arrow icon 35% less
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₹1.2 L/yr - ₹5.8 L/yr

arrow icon 4% less
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Gallagher Process Associate Salary

0 - 4 years exp. (1.3k salaries)

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₹1.1 L/yr - ₹6 L/yr

arrow icon 17% less
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₹1.5 L/yr - ₹2.5 L/yr

arrow icon 43% less
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₹1.8 L/yr - ₹3 L/yr

arrow icon 31% less
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₹2.6 L/yr - ₹5 L/yr

arrow icon 10% less
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Empower Process Associate Salary

2 - 4 years exp. (6 salaries)

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₹3 L/yr - ₹5.2 L/yr

arrow icon 20% more
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Allianz Process Associate Salary

2 - 8 years exp. (6 salaries)

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₹3.5 L/yr - ₹4.2 L/yr

arrow icon 9% more
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AIG Process Associate Salary

1 - 4 years exp. (6 salaries)

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₹3 L/yr - ₹4.5 L/yr

arrow icon 3% more
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Swiss Re Process Associate Salary

2 - 11 years exp. (5 salaries)

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₹3.8 L/yr - ₹8.4 L/yr

arrow icon 78% more
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₹2.6 L/yr - ₹4.7 L/yr

arrow icon 1% more
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AXA Process Associate Salary

0 - 4 years exp. (4 salaries)

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₹3 L/yr - ₹4.5 L/yr

arrow icon 1% more
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₹2.1 L/yr - ₹3.2 L/yr

arrow icon 27% less
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XL Catlin Process Associate Salary

2 - 3 years exp. (3 salaries)

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₹3.5 L/yr - ₹4.8 L/yr

At par
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₹2.5 L/yr - ₹3 L/yr

arrow icon 25% less
Process Associate salary at ICICI Prudential Life Insurance ranges between ₹2.5 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 11 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Process Associate

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Experience wise ICICI Prudential Life Insurance Process Associate salaries

Last Updated: 28 Sep 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.8 L/yr
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.4 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
5 years  (3 salaries)

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₹2.5 L/yr - ₹5 L/yr
View all

Similar Designation salaries in ICICI Prudential Life Insurance

Senior Associate Salary
(284 salaries)
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₹2.5 L/yr - ₹5.3 L/yr
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₹5 L/yr - ₹5.2 L/yr
Audit Assistant Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr
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₹3 L/yr - ₹4.8 L/yr
Senior Analyst Salary
(5 salaries)
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₹2.8 L/yr - ₹6.19 L/yr
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₹2.05 L/yr - ₹3.2 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
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₹2 L/yr - ₹3.5 L/yr
Analyst Salary
(3 salaries)
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₹7 L/yr - ₹8.29 L/yr
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₹2.4 L/yr - ₹3.8 L/yr

Salary related reviews for ICICI Prudential Life Insurance

4.5

Rated by 2 employees for salary & benefits

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

read more

direct marketing Department

4.0
  •  posted on 08 Aug 2017

4.0
 for  Salary and Benefits

Likes

management of pru exlance nd wonderfully they motivate you extra bonus with salary permotion good for cureer it is a brand and 1 no in insurancec company market

read more

Dislikes

they never look effort they only see number of business and very stricktly abt it.so it was very rood nd pressurised by company nd your senior manager never help even you hav good lead . if you work with pru you hav to consertrain on you work nver listen just work on you lead achive you target so naver depend on other .

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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.

read more

Dislikes

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

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 03 Dec 2024

3.0
 for  Salary and Benefits

Likes

Expect salary nothing is good

Dislikes

Very worst management and the manager will treat in an irespectable manner as a fresher they would expect you work as an experience person if you don't do that the manager will force you resign the job better don't go and especially for bankassurance

read more
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ICICI Prudential Life Insurance Process Associate Salary FAQs

What is the salary of Process Associate at ICICI Prudential Life Insurance?
Process Associate salary at ICICI Prudential Life Insurance in India ranges between ₹2.5 Lakhs to ₹6.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 13% more than the average Process Associate Salary in India. Salary estimates are based on 11 latest salaries received from various employees of ICICI Prudential Life Insurance India.
How does the salary of a Process Associate at ICICI Prudential Life Insurance India compare with the average salary range for this job?
The average salary of a Process Associate at ICICI Prudential Life Insurance is 13% more than the average salary of a Process Associate in India. To know exact salary insights, login to view.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Process Associate in India?
  • Swiss Re Process Associate Salary - ₹3.8 Lakhs to ₹8.4 Lakhs per year
  • Empower Process Associate Salary - ₹3.0 Lakhs to ₹5.2 Lakhs per year
  • Allianz Process Associate Salary - ₹3.5 Lakhs to ₹4.2 Lakhs per year
  • AIG Process Associate Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
  • Aditya Birla Sun Life Insurance Process Associate Salary - ₹2.6 Lakhs to ₹4.7 Lakhs per year
What is the salary of a Process Associate in companies similar to ICICI Prudential Life Insurance in India?
  • AXA Process Associate Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
  • XL Catlin Process Associate Salary - ₹3.5 Lakhs to ₹4.8 Lakhs per year
  • Bajaj Allianz Life Insurance Process Associate Salary - ₹1.2 Lakhs to ₹5.8 Lakhs per year
  • HDFC Ergo General Insurance Process Associate Salary - ₹2.6 Lakhs to ₹5.0 Lakhs per year
  • Gallagher Process Associate Salary - ₹1.1 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Process Associate at ICICI Prudential Life Insurance in India?
The estimated take-home salary of a Process Associate at ICICI Prudential Life Insurance ranges between ₹26,061 per month to ₹27,484 per month in India. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Process Associate salary in India which ranges between ₹2.5 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Process Associate at ICICI Prudential Life Insurance?
According to AmbitionBox, 57% of the ICICI Prudential Life Insurance Process Associates reported a notice period of 1 Month, 29% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Prudential Life Insurance Process Associate salary in India ranges between ₹2.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.