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ICICI Prudential Life Insurance Process Associate salaries in Bangalore / Bengaluru

Annual salary range
1 - 5 years exp.
₹2.7 Lakhs - ₹3.8 Lakhs
Salary of majority employees
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11% more than the average Process Associate Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

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

Data Science & Analytics
Process Associate Salary
2 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹4.5 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 in Bangalore / Bengaluru

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ICICI Prudential Life Insurance Process Associate Salary

1 - 5 years exp. (4 salaries)

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₹2.7 L/yr - ₹3.8 L/yr

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

0 - 4 years exp. (17 salaries)

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₹1.8 L/yr - ₹3.1 L/yr

arrow icon 32% less
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Gallagher Process Associate Salary

0 - 5 years exp. (800 salaries)

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₹1.1 L/yr - ₹6 L/yr

arrow icon 16% less
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Empower Process Associate Salary

2 - 5 years exp. (4 salaries)

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₹3 L/yr - ₹5 L/yr

arrow icon 19% more
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Swiss Re Process Associate Salary

2 - 11 years exp. (3 salaries)

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₹4.2 L/yr - ₹8.4 L/yr

arrow icon 93% more
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AXA Process Associate Salary

0 - 3 years exp. (3 salaries)

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₹3 L/yr - ₹3.5 L/yr

arrow icon 6% less
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AIG Process Associate Salary

1 - 5 years exp. (3 salaries)

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₹4 L/yr - ₹4.5 L/yr

arrow icon 20% more
Process Associate salary at ICICI Prudential Life Insurance ranges between ₹2.7 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Process Associate in Bangalore / Bengaluru

3mo ago
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5 years exp.
5mo ago
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1 year exp.
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2 years exp.
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2 years exp.

Experience wise ICICI Prudential Life Insurance Process Associate salaries in Bangalore / Bengaluru

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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₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹6.9 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

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₹3 L/yr - ₹5 L/yr
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₹2.65 L/yr - ₹3.46 L/yr
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₹2.5 L/yr - ₹2.55 L/yr
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₹2.4 L/yr - ₹3.25 L/yr

Salary related reviews for ICICI Prudential Life Insurance

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

 · 

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
  • Salary - Bad
    +4 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

  • Job security - Good
    +1 more

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
  • Salary - Bad
    +4 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
  • Salary - Good
    +3 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 .

read more
  • Job security - Poor

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
  • Salary - Excellent
    +6 more

Dislikes

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

see more salary related reviews

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ICICI Prudential Life Insurance Process Associate Salary FAQs

What is the salary of Process Associate at ICICI Prudential Life Insurance Bangalore / Bengaluru?
Process Associate salary at ICICI Prudential Life Insurance in Bangalore / Bengaluru ranges between ₹2.7 Lakhs to ₹3.8 Lakhs for experience between 1 years to 5 years. According to our estimates it is 11% more than the average Process Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of ICICI Prudential Life Insurance Bangalore / Bengaluru.
How does the salary of a Process Associate at ICICI Prudential Life Insurance Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Process Associate at ICICI Prudential Life Insurance is 11% more than the average salary of a Process Associate in Bangalore / Bengaluru. To know exact salary insights, login to view.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Process Associate in Bangalore / Bengaluru?
  • Swiss Re Process Associate Salary - ₹4.2 Lakhs to ₹8.4 Lakhs per year
  • AIG Process Associate Salary - ₹4.0 Lakhs to ₹4.5 Lakhs per year
  • Empower Process Associate Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
What is the salary of a Process Associate in companies similar to ICICI Prudential Life Insurance in Bangalore / Bengaluru?
  • AXA Process Associate Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year
  • Gallagher Process Associate Salary - ₹1.1 Lakhs to ₹6.0 Lakhs per year
  • HDFC Life Process Associate Salary - ₹1.8 Lakhs to ₹3.1 Lakhs per year
What is the estimated take home salary of a Process Associate at ICICI Prudential Life Insurance in Bangalore / Bengaluru?
The estimated take-home salary of a Process Associate at ICICI Prudential Life Insurance ranges between ₹25,942 per month to ₹27,367 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Process Associate salary in India which ranges between ₹2.7 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Process Associate at ICICI Prudential Life Insurance in Bangalore / Bengaluru?
According to AmbitionBox, 100% of the ICICI Prudential Life Insurance Process Associates in Bangalore / Bengaluru reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Prudential Life Insurance Process Associate salary in Bangalore / Bengaluru ranges between ₹2.7 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.