ICICI Prudential Life Insurance Regional Sales Manager Salaries by 10 Employees

2 - 20 years exp.

₹8 Lakhs - ₹25 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

11% less than the average Regional Sales Manager Salary in Insurance Companies for 2 - 20 years of experience

Interested in this particular role?

Last Updated: 11 Dec 2024

Companies similar to ICICI Prudential Life Insurance for Regional Sales Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Sun Life Insurance Regional Sales Manager Salary 12 - 21 years exp. (48 salaries)	₹9 L/yr - ₹25.2 L/yr 21% more
SBI General Insurance Regional Sales Manager Salary 13 - 22 years exp. (46 salaries)	₹11 L/yr - ₹36 L/yr 49% more
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Tata AIA Life Insurance Regional Sales Manager Salary 14 - 19 years exp. (42 salaries)	₹8.5 L/yr - ₹28 L/yr 23% more	3 job openings
HDFC Ergo General Insurance Regional Sales Manager Salary 11 - 19 years exp. (27 salaries)	₹8 L/yr - ₹25 L/yr 13% more
Bajaj Allianz Life Insurance Regional Sales Manager Salary 10 - 17 years exp. (15 salaries)	₹10.8 L/yr - ₹20.1 L/yr 4% more
ICICI Lombard General Insurance Company Regional Sales Manager Salary 10 - 18 years exp. (12 salaries)	₹9 L/yr - ₹19 L/yr 9% less
Star Health & Allied Insurance Regional Sales Manager Salary 12 - 20 years exp. (11 salaries)	₹12 L/yr - ₹22.5 L/yr 21% more
Kotak Mahindara Life Insurance Regional Sales Manager Salary 7 - 15 years exp. (9 salaries)	₹6 L/yr - ₹14 L/yr 30% less
PNB MetLife Regional Sales Manager Salary 11 - 16 years exp. (8 salaries)	₹13.1 L/yr - ₹20 L/yr 2% more
Reliance Nippon Life Insurance Regional Sales Manager Salary 9 - 24 years exp. (6 salaries)	₹10 L/yr - ₹22.3 L/yr At par
Axis Max Life Insurance Regional Sales Manager Salary 10 - 24 years exp. (6 salaries)	₹11.8 L/yr - ₹28 L/yr 13% more
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Shriram Life Insurance Regional Sales Manager Salary 12 - 20 years exp. (5 salaries)	₹9 L/yr - ₹15 L/yr 18% less
SBI Life Insurance Company Regional Sales Manager Salary 1 - 26 years exp. (5 salaries)	₹3.7 L/yr - ₹6 L/yr 68% less
HDFC Life Regional Sales Manager Salary 7 - 20 years exp. (5 salaries)	₹7.1 L/yr - ₹29 L/yr 12% more

Regional Sales Manager salary at ICICI Prudential Life Insurance ranges between ₹8 Lakhs to ₹25 Lakhs per year for employees with experience between 2 years to 20 years. Salary estimates are based on 10 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Regional Sales Manager salaries

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹12 L/yr - ₹21.8 L/yr
3 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
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4 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
5 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15.1 L/yr
6 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 L/yr
7 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.9 L/yr
8 years (AmbitionBox Estimate)	₹9 L/yr - ₹20.5 L/yr
9 years (AmbitionBox Estimate)	₹8 L/yr - ₹26 L/yr
10 years (AmbitionBox Estimate)	₹8 L/yr - ₹15 L/yr
11 years (AmbitionBox Estimate)	₹8 L/yr - ₹27.2 L/yr
12 years (AmbitionBox Estimate)	₹8 L/yr - ₹27.8 L/yr
13 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.2 L/yr
14 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹18 L/yr
15+ years (AmbitionBox Estimate)	₹6.9 L/yr - ₹25 L/yr

View all

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Salary related reviews for ICICI Prudential Life Insurance

4.8

Rated by 2 employees for salary & benefits

Unit Sales Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 04 Dec 2024

4.0

for Salary and Benefits

Likes

...own brand so it's easy to deal with clients. 2nd competitively amazing products. 3rd salary payouts are always on time. 4th presure for growth is remarkably high.

Salary - Good

+1 more

Dislikes

1st Very High Sales Pressure!! 2nd incentives playmates are very delayed. 3rd less work-life balance, sometimes you have to attend meetings on Sunday & have meet client on weekends also. 4th you have to be lucky enough to get a supportive BM & RM. Otherwise you'll end up resigning with in 6-12 mouth. 5th if you have hard-core sales mindset & have good networking skills then you could stay at ipru & grow. Otherwise you'll get Frustrated very soon.

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.

Key Relationship Manager in Cuttack

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 17 Oct 2023

5.0

for Salary and Benefits

Likes

In ICICI Prudential, company culture is very good with strong HR policies. Here you will get your salary and monthly incentives on time.

Salary - Excellent

+6 more

Dislikes

Though it's an Insurance company work life balance will be difficult for you.

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

Unit Sales Manager in Mandi

Full Time

Sales & Business Development Department

5.0

• posted on 19 May 2023

5.0

for Salary and Benefits

Likes

Very good

Salary - Excellent

+6 more

Dislikes

...al managers are earning more and whole work is done by the frontline managers. Salary is to be paid more to frontlines not to the persons whose job is to give pressure.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Regional Sales Manager Salary FAQs

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

The average salary of a Regional Sales Manager at ICICI Prudential Life Insurance in India typically ranges from ₹8.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 2 years to 20 years).

The top 10% of Regional Sales Manager at ICICI Prudential Life Insurance earn more than ₹22.8 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Regional Sales 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 Sales Manager at ICICI Prudential Life Insurance in India?

The estimated take-home salary of a Regional Sales Manager at ICICI Prudential Life Insurance in India typically ranges from ₹1,03,284 to ₹1,06,112 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 2 years to 20 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.

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

SBI General Insurance	₹11.0 Lakhs to ₹36.0 Lakhs per year
Tata AIA Life Insurance	₹8.5 Lakhs to ₹28.0 Lakhs per year
Star Health & Allied Insurance	₹12.0 Lakhs to ₹22.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹9.0 Lakhs to ₹25.2 Lakhs per year
Axis Max Life Insurance	₹11.8 Lakhs to ₹28.0 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 Sales Manager in companies similar to ICICI Prudential Life Insurance in India?

The salary of a Regional Sales Manager 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:

HDFC Ergo General Insurance	₹8.0 Lakhs to ₹25.0 Lakhs per year
HDFC Life	₹7.1 Lakhs to ₹29.0 Lakhs per year
Bajaj Allianz Life Insurance	₹10.8 Lakhs to ₹20.1 Lakhs per year
PNB MetLife	₹13.1 Lakhs to ₹20.0 Lakhs per year
Reliance Nippon Life Insurance	₹10.0 Lakhs to ₹22.3 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 Sales Manager at ICICI Prudential Life Insurance in India?

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

Experience	Average Salary Range
2 years	₹12.0 Lakhs to ₹21.8 Lakhs per year
3 years	₹11.2 Lakhs to ₹14.3 Lakhs per year
4 years	₹11.5 Lakhs to ₹14.7 Lakhs per year
5 years	₹11.8 Lakhs to ₹15.1 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Regional Sales Manager Salaries

ICICI Prudential Life Insurance Regional Sales Manager salary in India ranges between ₹8 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.