ICICI Prudential Life Insurance Mumbai Sales Manager Salaries by 100+ Employees (Updated 2025)

0 - 9 years exp.

₹3 Lakhs - ₹10 Lakhs

Salary of majority employees

At par with the average Sales Manager Salary in Insurance Companies for 0 - 9 years of experience

Interested in this particular role? 12 job openings

Salaries in different departments

Sales & Business Development Sales Manager Salary 0 - 8 years exp. (37 salaries)	₹3.5 L/yr - ₹10 L/yr
BFSI, Investments & Trading Sales Manager Salary 1 - 9 years exp. (30 salaries)	₹3 L/yr - ₹10 L/yr
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Marketing & Communication Sales Manager Salary 0 - 7 years exp. (16 salaries)	₹3.5 L/yr - ₹8.5 L/yr
Finance & Accounting Sales Manager Salary 4 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr

Last Updated: 19 Feb 2025

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

ICICI Prudential Life Insurance Sales Manager Salary

0 - 9 years exp. (114 salaries)

₹3 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Sales Manager Salary 0 - 10 years exp. (91 salaries)	₹2.2 L/yr - ₹7.5 L/yr 28% less	4 job openings
SBI Life Insurance Company Sales Manager Salary 2 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹5.6 L/yr 42% less
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Max Life Insurance Sales Manager Salary 0 - 11 years exp. (72 salaries)	₹2.3 L/yr - ₹6 L/yr 36% less	3 job openings
Kotak Mahindara Life Insurance Sales Manager Salary 0 - 10 years exp. (72 salaries)	₹2.6 L/yr - ₹5.5 L/yr 35% less	7 job openings
Bajaj Allianz Life Insurance Sales Manager Salary 0 - 8 years exp. (19 salaries)	₹2.4 L/yr - ₹7 L/yr 48% less	9 job openings
ICICI Lombard General Insurance Company Sales Manager Salary 1 - 15 years exp. (98 salaries)	₹3.5 L/yr - ₹11.5 L/yr At par	1 job opening
Aditya Birla Sun Life Insurance Sales Manager Salary 1 - 10 years exp. (41 salaries)	₹2.5 L/yr - ₹9.5 L/yr 6% less
HDFC Ergo General Insurance Sales Manager Salary 1 - 8 years exp. (26 salaries)	₹3 L/yr - ₹6.5 L/yr 36% less
Reliance Nippon Life Insurance Sales Manager Salary 0 - 10 years exp. (24 salaries)	₹1.5 L/yr - ₹6 L/yr 48% less
Tata AIA Life Insurance Sales Manager Salary 4 - 10 years exp. (21 salaries)	₹3.5 L/yr - ₹7.9 L/yr 12% less	19 job openings
PNB MetLife Sales Manager Salary 1 - 9 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 48% less	104 job openings
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Aviva Life Insurance India Sales Manager Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 43% less

Sales Manager salary at ICICI Prudential Life Insurance ranges between ₹3 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 114 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Sales Manager salaries in Mumbai

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.3 L/yr - ₹8 L/yr
1 year (14 salaries)	₹3 L/yr - ₹8.7 L/yr
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2 years (30 salaries)	₹3.5 L/yr - ₹10 L/yr
3 years (26 salaries)	₹3.1 L/yr - ₹10 L/yr
4 years (15 salaries)	₹3.5 L/yr - ₹10 L/yr
5 years (9 salaries)	₹4 L/yr - ₹9.2 L/yr
6 years (5 salaries)	₹3.5 L/yr - ₹7 L/yr
7 years (7 salaries)	₹5.4 L/yr - ₹12.2 L/yr
8 years (4 salaries)	₹2.7 L/yr - ₹8.4 L/yr
9 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8 L/yr

View all

From

Sales Manager

₹

Lakhs/yr

0 - 12 years exp.

Chief Manager

₹

Lakhs/yr

7 - 22 years exp.

Sales Manager 0 - 12 years exp.

Area Manager 1 - 17 years exp.

43% hike

Branch Manager 3 - 18 years exp.

25% hike

From

3 more levels

Sales Manager

0 - 12 years exp.

Regional Manager

16 - 22 years exp.

View 1 more career path

Similar Designation salaries in ICICI Prudential Life Insurance

Branch Manager Salary

(50 salaries)

₹7.15 L/yr - ₹18 L/yr

Area Manager Salary

(46 salaries)

₹7 L/yr - ₹12 L/yr

Area Sales Manager Salary

(17 salaries)

₹6 L/yr - ₹14.5 L/yr

Deputy Manager Salary

(9 salaries)

₹3.75 L/yr - ₹8 L/yr

Marketing Manager Salary

(4 salaries)

₹4.4 L/yr - ₹9 L/yr

Sales Officer Salary

(3 salaries)

₹3.35 L/yr - ₹3.59 L/yr

Top skills at ICICI Prudential Life Insurance for Sales Manager

Interpersonal Skills Bancassurance Relationship Management Training Compliance Financial Services Private Banking Business Process Management Bancassurance BW Management Compliance Material Science Training SAS SQL

Salary related reviews for ICICI Prudential Life Insurance

3.1

Rated by 9 employees for salary & benefits

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

Sales Manager in Kolkata

BFSI, Investments & Trading Department

5.0

• posted on 15 Jul 2021

5.0

for Salary and Benefits

Likes

Digital process , Good work environment and culture, teammates are supportive and the management is transparent.

Salary - Excellent

+6 more

Dislikes

Low salary compare to others company in same industry,now a days there is a lot of politics

Sales Manager in Mangaluru

sales Department

3.0

• posted on 19 Aug 2020

5.0

for Salary and Benefits

Likes

The learning, compensation and benefits are excellent. with strong determination if u stay for minimum 2 yrs of hard work then you can see a great career opportunities.

Salary - Excellent

+4 more

Dislikes

due to politics i found it difficult for work life balance and thus less work satisfaction.

Sales Manager in Bangalore / Bengaluru

Sales & Business Development Department

3.0

• posted on 11 May 2018

3.0

for Salary and Benefits

Likes

A lot of learning opportunities will be there. Will get to know how to work under pressure everyday. Compensation is ok but work life is not great. Take it as a learning opportunity.

Skill development - Good

+2 more

Dislikes

Poor work life balance less salary

Work-life balance - Poor

Sales Manager in Hyderabad / Secunderabad

Bancaassurance Department

5.0

• posted on 09 Jul 2018

3.0

for Salary and Benefits

Likes

Pru life - The Only player in the insurance space who has implemented technology at its best level. Loved working there for 6 years and love to work in future also. Lot of space to learn, implement and practice. Environment here is so good that you won't find time is getting waste. Work will be the wife here if you work in IPru.

Skill development - Good

+4 more

Dislikes

If someone is working not looking at the compensation (salary) rather looking for opportunists to earn variable pay is the reality here. But after certain level you won't have that option then you will disappoint. Company need to restructure about this particular issue. This leads the employee dissatisfaction and also employee may look for another opportunities (like me). Except that everything is good if you wanted to lead a challenging role.

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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ICICI Prudential Life Insurance Sales Manager Salary FAQs

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

Sales Manager salary at ICICI Prudential Life Insurance in Mumbai ranges between ₹3.0 Lakhs to ₹10.0 Lakhs for less than 1 year of experience to 9 years. Salary estimates are based on 114 latest salaries received from various employees of ICICI Prudential Life Insurance Mumbai.

What are the top skills required to work as a Sales Manager at ICICI Prudential Life Insurance?

Interpersonal Skills, Bancassurance, Relationship Management, Training and Compliance are some of the popular skills required to work as a Sales Manager at ICICI Prudential Life Insurance Mumbai.

Which similar companies are paying more than ICICI Prudential Life Insurance to a Sales Manager in Mumbai?

ICICI Lombard General Insurance Company Sales Manager Salary - ₹3.5 Lakhs to ₹11.5 Lakhs per year

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

Aditya Birla Sun Life Insurance Sales Manager Salary - ₹2.5 Lakhs to ₹9.5 Lakhs per year
Tata AIA Life Insurance Sales Manager Salary - ₹3.5 Lakhs to ₹7.9 Lakhs per year
HDFC Life Sales Manager Salary - ₹2.2 Lakhs to ₹7.5 Lakhs per year
Kotak Mahindara Life Insurance Sales Manager Salary - ₹2.6 Lakhs to ₹5.5 Lakhs per year
Max Life Insurance Sales Manager Salary - ₹2.3 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a Sales Manager at ICICI Prudential Life Insurance ranges between ₹52,151 per month to ₹53,379 per month in Mumbai. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Sales Manager salary in India which ranges between ₹3.0 Lakhs to ₹10.0 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

What is the notice period for Sales Manager at ICICI Prudential Life Insurance in Mumbai?

According to AmbitionBox, 59% of the ICICI Prudential Life Insurance Sales Managers in Mumbai reported a notice period of 1 Month, 32% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 34 responses on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Sales Manager Salaries in Mumbai

ICICI Prudential Life Insurance Sales Manager salary in Mumbai ranges between ₹3 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 114 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

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

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

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

Experience wise ICICI Prudential Life Insurance Sales Manager salaries in Mumbai

Similar Designation salaries in ICICI Prudential Life Insurance

Top skills at ICICI Prudential Life Insurance for Sales Manager

Salary related reviews for ICICI Prudential Life Insurance

Sales Manager in Hyderabad / Secunderabad

Sales Manager in Kolkata

Sales Manager in Mangaluru

Sales Manager in Bangalore / Bengaluru

Sales Manager in Hyderabad / Secunderabad

ICICI Prudential Life Insurance Sales Manager Salary FAQs

Tell us how to improve this page.