ICICI Prudential Life Insurance Mumbai Regional Manager Salaries by 10+ Employees (Updated 2025)

15 - 22 years exp.

₹18 Lakhs - ₹30 Lakhs

Avg. annual salary

Monthly In-hand Salary

46% more than the average Regional Manager Salary in Insurance Companies for 15 - 22 years of experience

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Salaries in different departments

Sales & Business Development Regional Manager Salary 16 - 20 years exp. (8 salaries)	₹20 L/yr - ₹30 L/yr
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BFSI, Investments & Trading Regional Manager Salary 15 - 19 years exp. (4 salaries)	₹18 L/yr - ₹27.4 L/yr

Last Updated: 22 Mar 2025

Companies similar to ICICI Prudential Life Insurance for Regional Manager in Mumbai

ICICI Prudential Life Insurance Regional Manager Salary

15 - 22 years exp. (14 salaries)

₹18 L/yr - ₹30 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Regional Manager Salary 11 - 20 years exp. (12 salaries)	₹7.6 L/yr - ₹25 L/yr 27% less	1 job opening
Bajaj Allianz Life Insurance Regional Manager Salary 5 - 21 years exp. (11 salaries)	₹11.5 L/yr - ₹23 L/yr 28% less
Login to view exact salary
Tata AIA Life Insurance Regional Manager Salary 10 - 16 years exp. (4 salaries)	₹10 L/yr - ₹12.2 L/yr 52% less	2 job openings
Aditya Birla Sun Life Insurance Regional Manager Salary 16 - 24 years exp. (4 salaries)	₹18.5 L/yr - ₹38 L/yr 2% more
PNB MetLife Regional Manager Salary 16 - 20 years exp. (4 salaries)	₹17 L/yr - ₹19 L/yr 21% less
Reliance Nippon Life Insurance Regional Manager Salary 16 - 22 years exp. (3 salaries)	₹19 L/yr - ₹22.3 L/yr 9% less

Regional Manager salary at ICICI Prudential Life Insurance ranges between ₹18 Lakhs to ₹30 Lakhs per year for employees with experience between 15 years to 22 years. Salary estimates are based on 14 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Regional Manager salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
15+ years (14 salaries)	₹18 L/yr - ₹30 L/yr
Login to view exact salary

Similar Designation salaries in ICICI Prudential Life Insurance

Area Manager Salary

(51 salaries)

₹7 L/yr - ₹12 L/yr

Branch Manager Salary

(46 salaries)

₹9.8 L/yr - ₹17.5 L/yr

Relationship Manager Salary

(45 salaries)

₹2.2 L/yr - ₹7.75 L/yr

Area Sales Manager Salary

(16 salaries)

₹6 L/yr - ₹14.5 L/yr

Deputy Manager Salary

(9 salaries)

₹3.75 L/yr - ₹8 L/yr

Cluster Manager Salary

(5 salaries)

₹6.5 L/yr - ₹13.5 L/yr

Regional Head Salary

(3 salaries)

₹21 L/yr - ₹24.43 L/yr

Top skills at ICICI Prudential Life Insurance for Regional Manager

CRM HR Consulting Human Resource Management Area Sales Management HR Generalist Activities Recruitment Business HR Corporate HR Sales Management IBS Territory Sales Management hrm

Salary related reviews for ICICI Prudential Life Insurance

2.1

Rated by 3 employees for salary & benefits

Regional Manager in Kolkata

Full Time

Sales & Business Development Department

5.0

• posted on 28 Jul 2023

4.0

for Salary and Benefits

Likes

Job security is good , company culture is also good but it depends on senior, overall company is good can work for long time , HR policy are good , high job security, multiple option and departments for work , IJP ALLOWED

Salary - Good

+6 more

Dislikes

Salary are poor, rating culture kills many many years for performer ..every year you have to get top rating and last top 2 rating are considered for promotion some time people are struggling for 4 to 5 year for promotion in mid management segment.

Regional Manager in Nashik

Sales & Business Development Department

3.0

• posted on 27 Jul 2020

2.0

for Salary and Benefits

Likes

Job security all depends on your performance only. work culture is overall ok.. but sometimes depends upon your reporting manager. Management is average. Technology wise company is very strong & update very fast & always ahead to competition.

Dislikes

compensation is ok... growth is comparatively slow. Work pressure is very high. Learn so many things but more training need to conduct. Rewards & recognition is not as per previous years. Need more work balance...

Salary - Poor

+1 more

Area Sales Manager in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 13 Jul 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...relieving & fnf settlement was comunicted verbaly for whch I had ask in writing. But it was asured dt recovery amt ll nt vary & latr thy givn recovery of gross salary which is high. When I not worked then also they added hra, supplementary allowance, statutory bonus in my recovery amt. Firstly If i have not taken any benfits with organization then recovery is not calculated and If the recovery calculated then it is always calculated on monthly basic salary.Rest all are additional benefits given to the employee. But then also ipru charged me recovery of 2month gross salary. As I have to get my reliveing letter so i had paid the recovery. But now I am writing the complaint as I was charged too. Pls help me out for it.

Salary - Bad

+6 more

Sales Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 17 Jan 2023

3.0

for Salary and Benefits

Likes

Skill development Salary and benefits

Skill development - Good

+1 more

Dislikes

No dislikes but everything depends on the manager you report and the channel you get in this company. If your in partner handling channel . Your manager will give so much respect and importance to the partner but not you . He will not understand your problem .

Promotions - Poor

+1 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

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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ICICI Prudential Life Insurance Regional Manager Salary FAQs

What is the salary of Regional Manager at ICICI Prudential Life Insurance in Mumbai?

The average salary of a Regional Manager at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹18.0 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 15 years to 22 years).

The top 10% of Regional Manager in Mumbai at ICICI Prudential Life Insurance earn more than ₹27.3 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Regional Manager 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 10+ ICICI Prudential Life Insurance employees in India.

What is the estimated take home salary of a Regional Manager at ICICI Prudential Life Insurance in Mumbai?

The estimated take-home salary of a Regional Manager at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹1,52,764 to ₹1,58,535 per month. This is based on the average salary range of ₹18.0 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 15 years to 22 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 10+ salaries received from various employees of ICICI Prudential Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Regional Manager at ICICI Prudential Life Insurance in Mumbai?

To be a Regional Manager at ICICI Prudential Life Insurance in Mumbai, the key skills required include:

- CRM
- HR
- Consulting
- Human Resource Management
- Area Sales Management

These skills are highly valued at ICICI Prudential Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than ICICI Prudential Life Insurance for Regional Manager in India?

Aditya Birla Sun Life Insurance

₹18.5 Lakhs to ₹38.0 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.

What is the salary of a Regional Manager in companies similar to ICICI Prudential Life Insurance in Mumbai?

The salary of a Regional Manager at companies similar to ICICI Prudential Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reliance Nippon Life Insurance	₹19.0 Lakhs to ₹22.3 Lakhs per year
PNB MetLife	₹17.0 Lakhs to ₹19.0 Lakhs per year
Axis Max Life Insurance	₹7.6 Lakhs to ₹25.0 Lakhs per year
Bajaj Allianz Life Insurance	₹11.5 Lakhs to ₹23.0 Lakhs per year
Tata AIA Life Insurance	₹10.0 Lakhs to ₹12.2 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 Regional Manager at ICICI Prudential Life Insurance in Mumbai?

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

Experience	Average Salary Range
15 years	₹18.0 Lakhs to ₹30.0 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Regional Manager Salaries in Mumbai

ICICI Prudential Life Insurance Regional Manager salary in Mumbai ranges between ₹18 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

ICICI Prudential Life Insurance Regional Manager salaries in Mumbai (Updated 2025)

Companies similar to ICICI Prudential Life Insurance for Regional Manager in Mumbai

Latest annual salaries shared by ICICI Prudential Life Insurance Regional Manager in Mumbai

Experience wise ICICI Prudential Life Insurance Regional Manager salaries in Mumbai

Similar Designation salaries in ICICI Prudential Life Insurance

Top skills at ICICI Prudential Life Insurance for Regional Manager

Salary related reviews for ICICI Prudential Life Insurance

Regional Manager in Kolkata

Regional Manager in Nashik

Area Sales Manager in Indore

Sales Manager in Hyderabad / Secunderabad

Relationship Manager in Saharsa

ICICI Prudential Life Insurance Regional Manager Salary FAQs

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