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ICICI Prudential Life Insurance Sales Manager Bancassurance salaries in India

Annual salary range
1 - 10 years exp.
₹5 Lakhs - ₹10 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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53% more than the average Sales Manager Bancassurance Salary in Insurance Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Sales Manager Bancassurance Salary
1 - 10 years exp. (12 salaries)
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₹5 L/yr - ₹8.8 L/yr

Data Science & Analytics
Sales Manager Bancassurance Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹6.6 L/yr - ₹10 L/yr

Marketing & Communication
Sales Manager Bancassurance Salary
7 years exp. (AmbitionBox Estimate)
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₹5.6 L/yr - ₹7 L/yr

Sales & Business Development
Sales Manager Bancassurance Salary
2 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹7 L/yr

Last Updated: 16 Mar 2023

Companies similar to ICICI Prudential Life Insurance for Sales Manager Bancassurance

Company name Avg Annual Salary Open Jobs
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HDFC Life Sales Manager Bancassurance Salary

0 - 9 years exp. (20 salaries)

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₹1.8 L/yr - ₹7 L/yr

arrow icon 54% less
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₹3.1 L/yr - ₹5.3 L/yr

arrow icon 41% less
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₹3 L/yr - ₹10.6 L/yr

arrow icon 9% less
2 job openings
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₹2.3 L/yr - ₹4.2 L/yr

arrow icon 48% less
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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 34% less
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₹1.8 L/yr - ₹3.2 L/yr

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₹2.3 L/yr - ₹4 L/yr

arrow icon 49% less
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₹2.3 L/yr - ₹3.9 L/yr

arrow icon 55% less
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₹3.1 L/yr - ₹4.7 L/yr

arrow icon 48% less
2 job openings
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₹2.2 L/yr - ₹6.5 L/yr

arrow icon 43% less
Sales Manager Bancassurance salary at ICICI Prudential Life Insurance ranges between ₹5 Lakhs to ₹10 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 16 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Sales Manager Bancassurance

1y ago
₹5.5 Lakhs
8 years exp.
1y ago
₹7.1 Lakhs
2 years exp.
1y ago
₹8.8 Lakhs
4 years exp.
1y ago
₹10 Lakhs
3 years exp.
1y ago
₹7 Lakhs
2 years exp.
1y ago
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3 years exp.
1y ago
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1 year exp.
1y ago
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2 years exp.
1y ago
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10 years exp.
1y ago
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9 years exp.

Experience wise ICICI Prudential Life Insurance Sales Manager Bancassurance salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹6.5 L/yr - ₹12.7 L/yr
2 years  (3 salaries)

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₹7 L/yr - ₹7.9 L/yr
3 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹8.8 L/yr
5 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹12.4 L/yr
View all

Similar Designation salaries in ICICI Prudential Life Insurance

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₹1.85 L/yr - ₹4.6 L/yr
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₹2 L/yr - ₹5.1 L/yr
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₹4 L/yr - ₹6.25 L/yr
Branch Manager Salary
(422 salaries)
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₹6.5 L/yr - ₹18.75 L/yr
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₹1.9 L/yr - ₹7 L/yr
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₹3.8 L/yr - ₹6 L/yr
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₹10.7 L/yr - ₹28 L/yr
Agency Manager Salary
(158 salaries)
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₹2.15 L/yr - ₹5.25 L/yr
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₹2.15 L/yr - ₹4 L/yr
Afsm Salary
(114 salaries)
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₹1.8 L/yr - ₹3.9 L/yr

Top skills at ICICI Prudential Life Insurance for Sales Manager Bancassurance

banca sales Life Insurance Bancassurance Insurance Sales HNI Acquisition Relationship Management RM Sales Management hni HNI Client Handling HNI Sales banca General Insurance Sales

Salary related reviews for ICICI Prudential Life Insurance

4.1

Rated by 5 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 04 Mar 2025

5.0
 for  Salary and Benefits

Likes

The work-life balance here is good, and the salary and promotions are also rewarding. This makes ICICI Prudential Life the best company for us.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is nothing that would make us say we dislike ICICI Prudential LIC LTD...

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 07 Jan 2025

3.0
 for  Salary and Benefits

Likes

...d job security, and offers valuable learning opportunities to enhance my skills. While the salary is on the lower side and growth feels slow, the stable environment and focus on employee development make it a worthwhile place to work.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

Low salary slow growth

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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  • 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.

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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
  • Skill development - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 30 Oct 2024

1.0
 for  Salary and Benefits

Likes

I like the culture little bit but salary is very bad only they provide good salary to the college placement peoples

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Dislikes

Many of the things like salary and designation is totally not up to the mark of someone is from college placement they provide good package and designation doesn't matter it's a fresher and when we talk about experience person there expectations are very high towards but salary is very very less

read more
  • Salary - Bad
  • +2 more
see more salary related reviews

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ICICI Prudential Life Insurance Sales Manager Bancassurance Salary FAQs

What is the salary of Sales Manager Bancassurance at ICICI Prudential Life Insurance ?
The average salary of a Sales Manager Bancassurance at ICICI Prudential Life Insurance in India typically ranges from ₹5.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Sales Manager Bancassurance at ICICI Prudential Life Insurance earn more than ₹8.7 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Sales Manager Bancassurance 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 Sales Manager Bancassurance at ICICI Prudential Life Insurance in India?
The estimated take-home salary of a Sales Manager Bancassurance at ICICI Prudential Life Insurance in India typically ranges from ₹51,619 to ₹52,836 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 1 year to 10 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 Sales Manager Bancassurance at ICICI Prudential Life Insurance ?
To be a Sales Manager Bancassurance at ICICI Prudential Life Insurance in india, the key skills required include:

  • - banca sales
  • - Life Insurance
  • - Bancassurance
  • - Insurance Sales
  • - HNI Acquisition

These skills are highly valued at ICICI Prudential Life Insurance and are crucial for successful performance in a Software Engineering role.
What is the salary of a Sales Manager Bancassurance in companies similar to ICICI Prudential Life Insurance in India?
The salary of a Sales Manager Bancassurance 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:

ICICI Lombard General Insurance Company ₹3.0 Lakhs to ₹10.6 Lakhs per year
Kotak Mahindara Life Insurance ₹3.5 Lakhs to ₹5.5 Lakhs per year
HDFC Ergo General Insurance ₹3.1 Lakhs to ₹5.3 Lakhs per year
Aditya Birla Sun Life Insurance ₹2.2 Lakhs to ₹6.5 Lakhs per year
Axis Max Life Insurance ₹3.1 Lakhs to ₹4.7 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 Sales Manager Bancassurance at ICICI Prudential Life Insurance in India?
The salary growth for a Sales Manager Bancassurance at ICICI Prudential Life Insurance depends on factors such as experience, performance, and promotions. On average, a Sales Manager Bancassurance can expect the following growth trajectory at ICICI Prudential Life Insurance:

Experience Average Salary Range
1 year ₹6.5 Lakhs to ₹12.7 Lakhs per year
2 years ₹7.0 Lakhs to ₹7.9 Lakhs per year
3 years ₹2.8 Lakhs to ₹10.0 Lakhs per year
4 years ₹5.3 Lakhs to ₹8.8 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Prudential Life Insurance Sales Manager Bancassurance salary in India ranges between ₹5 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.