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

0 - 9 years exp.

₹3 Lakhs - ₹10 Lakhs

Avg. annual salary

Monthly In-hand Salary

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

Interested in this particular role? 27 job openings

Salaries in different departments

Sales & Business Development Sales Manager Salary 0 - 8 years exp. (35 salaries)	₹3.5 L/yr - ₹10 L/yr
BFSI, Investments & Trading Sales Manager Salary 1 - 9 years exp. (29 salaries)	₹3 L/yr - ₹10 L/yr
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Marketing & Communication Sales Manager Salary 0 - 7 years exp. (17 salaries)	₹3.5 L/yr - ₹9.8 L/yr
Finance & Accounting Sales Manager Salary 4 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.5 L/yr

Last Updated: 9 Mar 2025

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

ICICI Prudential Life Insurance Sales Manager Salary

0 - 9 years exp. (116 salaries)

₹3 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Sales Manager Salary 1 - 15 years exp. (93 salaries)	₹3.9 L/yr - ₹11.6 L/yr 3% less	1 job opening
HDFC Life Sales Manager Salary 0 - 10 years exp. (91 salaries)	₹2.2 L/yr - ₹7.5 L/yr 29% less	4 job openings
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Kotak Mahindara Life Insurance Sales Manager Salary 0 - 10 years exp. (75 salaries)	₹2.6 L/yr - ₹5.8 L/yr 36% less	5 job openings
Axis Max Life Insurance Sales Manager Salary 0 - 9 years exp. (70 salaries)	₹2.3 L/yr - ₹6 L/yr 36% less	2 job openings
Aditya Birla Sun Life Insurance Sales Manager Salary 1 - 10 years exp. (42 salaries)	₹2.5 L/yr - ₹9.5 L/yr 2% less
HDFC Ergo General Insurance Sales Manager Salary 1 - 8 years exp. (26 salaries)	₹3 L/yr - ₹6.5 L/yr 37% less
Reliance Nippon Life Insurance Sales Manager Salary 0 - 10 years exp. (22 salaries)	₹1.5 L/yr - ₹5 L/yr 52% less
Tata AIA Life Insurance Sales Manager Salary 3 - 10 years exp. (21 salaries)	₹3.5 L/yr - ₹7.9 L/yr 15% less	4 job openings
Bajaj Allianz Life Insurance Sales Manager Salary 0 - 8 years exp. (19 salaries)	₹2.4 L/yr - ₹7 L/yr 49% less	18 job openings
PNB MetLife Sales Manager Salary 1 - 9 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 45% less	105 job openings
SBI Life Insurance Company Sales Manager Salary 2 - 10 years exp. (3 salaries)	₹3.2 L/yr - ₹5.6 L/yr 46% less	1 job opening
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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 116 latest salaries received from various employees of ICICI Prudential Life Insurance.

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

1mo ago

₹8.6 Lakhs

7 years exp.

1mo ago

₹8.6 Lakhs

7 years exp.

1mo ago

₹8 Lakhs

7 years exp.

1mo ago

₹3 Lakhs

1 year exp.

2mo ago

₹9 Lakhs

2 years exp.

3mo ago

6 years exp.

3mo ago

7 years exp.

3mo ago

5 years exp.

6mo ago

4 years exp.

7mo ago

9 years exp.

Experience wise ICICI Prudential Life Insurance Sales Manager salaries in Mumbai

Last Updated: 9 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
1 year (15 salaries)	₹3 L/yr - ₹10 L/yr
Login to view exact salary
2 years (30 salaries)	₹3.1 L/yr - ₹10 L/yr
3 years (25 salaries)	₹3.1 L/yr - ₹10 L/yr
4 years (15 salaries)	₹3.5 L/yr - ₹10 L/yr
5 years (8 salaries)	₹4 L/yr - ₹9.2 L/yr
6 years (5 salaries)	₹3.5 L/yr - ₹7 L/yr
7 years (10 salaries)	₹5.4 L/yr - ₹8.6 L/yr
8 years (4 salaries)	₹2.8 L/yr - ₹8.4 L/yr
9 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr

View all

From

Sales Manager

₹

Lakhs/yr

0 - 12 years exp.

Regional Manager

₹

Lakhs/yr

15 - 22 years exp.

Sales Manager

0 - 12 years exp.

Area Manager

1 - 17 years exp.

42% hike

Branch Manager

3 - 18 years exp.

24% hike

From

View 3 more levels

Sales Manager

0 - 12 years exp.

Senior Manager

0 - 9 years exp.

From

View 3 more levels

Sales Manager

0 - 12 years exp.

Chief Manager

9 - 22 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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

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

Marketing Manager Salary

(6 salaries)

₹4.4 L/yr - ₹8.62 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 10 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

Discover interview dos and don'ts from real experiences

Top trending discussions

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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 Sales Manager Salary FAQs

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

The average salary of a Sales Manager at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹3.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Sales Manager in Mumbai at ICICI Prudential Life Insurance earn more than ₹8.6 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. 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 100+ ICICI Prudential Life Insurance employees in India.

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 in Mumbai typically ranges from ₹52,161 to ₹53,456 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from Fresher to 9 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 100+ 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 at ICICI Prudential Life Insurance in Mumbai?

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

- Interpersonal Skills
- Bancassurance
- Relationship Management
- Training
- Compliance

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 in companies similar to ICICI Prudential Life Insurance in Mumbai?

The salary of a Sales 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:

Aditya Birla Sun Life Insurance	₹2.5 Lakhs to ₹9.5 Lakhs per year
ICICI Lombard General Insurance Company	₹3.9 Lakhs to ₹11.6 Lakhs per year
Tata AIA Life Insurance	₹3.5 Lakhs to ₹7.9 Lakhs per year
HDFC Life	₹2.2 Lakhs to ₹7.5 Lakhs per year
Axis Max Life Insurance	₹2.3 Lakhs to ₹6.0 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 at ICICI Prudential Life Insurance in Mumbai?

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

Experience	Average Salary Range
Fresher	₹6.3 Lakhs to ₹8.1 Lakhs per year
1 year	₹3.0 Lakhs to ₹10.0 Lakhs per year
2 years	₹3.1 Lakhs to ₹10.0 Lakhs per year
3 years	₹3.1 Lakhs to ₹10.0 Lakhs per year

and so on.

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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 116 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

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