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ICICI Prudential Life Insurance Sales & Business Development Manager salaries in India

Annual salary range
0 - 6 years exp.
₹3.1 Lakhs - ₹5.8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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64% less than the average Sales & Business Development Manager Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Sales & Business Development Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.1 L/yr

Customer Success, Service & Operations
Sales & Business Development Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.4 L/yr

Data Science & Analytics
Sales & Business Development Manager Salary
Fresher (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.4 L/yr

Last Updated: 15 Mar 2023

Companies similar to ICICI Prudential Life Insurance for Sales & Business Development Manager

Company name Avg Annual Salary Open Jobs
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₹2.8 L/yr - ₹3.8 L/yr

arrow icon 33% less
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₹2.3 L/yr - ₹5 L/yr

arrow icon 25% less
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₹3.2 L/yr - ₹3.8 L/yr

arrow icon 24% less
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₹3.9 L/yr - ₹5.1 L/yr

arrow icon 4% more
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₹4.3 L/yr - ₹20 L/yr

arrow icon 164% more
Sales & Business Development Manager salary at ICICI Prudential Life Insurance ranges between ₹3.1 Lakhs to ₹5.8 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 3 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Sales & Business Development Manager

1y ago
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6 years exp.
1y ago
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4 years exp.

Experience wise ICICI Prudential Life Insurance Sales & Business Development Manager salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.2 L/yr - ₹5.8 L/yr
1 year (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
2 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.4 L/yr
3 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹7.1 L/yr
View all

Similar Designation salaries in ICICI Prudential Life Insurance

Sales Manager Salary
(985 salaries)
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₹2.4 L/yr - ₹10.55 L/yr
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₹4 L/yr - ₹6.33 L/yr
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₹1.7 L/yr - ₹5.5 L/yr
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₹1.9 L/yr - ₹8 L/yr
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₹3.8 L/yr - ₹6 L/yr
Branch Manager Salary
(236 salaries)
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₹6.25 L/yr - ₹18 L/yr
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₹3.5 L/yr - ₹8.01 L/yr
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₹4.5 L/yr - ₹14.63 L/yr
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₹4.62 L/yr - ₹14.5 L/yr
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₹2.15 L/yr - ₹4.3 L/yr

Salary related reviews for ICICI Prudential Life Insurance

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 21 Aug 2024

1.0
 for  Salary and Benefits

Likes

Company develop people by learning and valuable skills. Customer first, best product's with features.

Dislikes

... 18 years of my life to the company , doesn’t recognise handwork and commitment.New hires from outside the company are brought in at higher salary's. That kind of thing unvalued and disheartened.

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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.

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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.

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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

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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.

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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.

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Dislikes

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

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.

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ICICI Prudential Life Insurance Sales & Business Development Manager salary in India ranges between ₹3.1 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.