ICICI Prudential Life Insurance Mumbai Senior Associate Salaries by 100+ Employees (Updated 2025)

1 - 9 years exp.

₹2.5 Lakhs - ₹5.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

59% less than the average Senior Associate Salary in Insurance Companies for 1 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Associate Salary 1 - 9 years exp. (64 salaries)	₹3 L/yr - ₹5.2 L/yr
Customer Success, Service & Operations Senior Associate Salary 2 - 9 years exp. (52 salaries)	₹3.4 L/yr - ₹5.3 L/yr
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Finance & Accounting Senior Associate Salary 1 - 7 years exp. (19 salaries)	₹3.5 L/yr - ₹5.2 L/yr
Data Science & Analytics Senior Associate Salary 1 - 9 years exp. (7 salaries)	₹3.4 L/yr - ₹5 L/yr
Sales & Business Development Senior Associate Salary 5 - 9 years exp. (7 salaries)	₹3.5 L/yr - ₹5.2 L/yr

View all

Last Updated: 31 Mar 2025

Companies similar to ICICI Prudential Life Insurance for Senior Associate in Mumbai

ICICI Prudential Life Insurance Senior Associate Salary

1 - 9 years exp. (184 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Senior Associate Salary 0 - 9 years exp. (496 salaries)	₹1.1 L/yr - ₹4.6 L/yr 24% less	5 job openings
SBI Life Insurance Company Senior Associate Salary 0 - 11 years exp. (94 salaries)	₹3 L/yr - ₹6.8 L/yr 6% more
Login to view exact salary
HDFC Ergo General Insurance Senior Associate Salary 1 - 8 years exp. (19 salaries)	₹3 L/yr - ₹5 L/yr 8% less
Gallagher Senior Associate Salary 3 - 8 years exp. (15 salaries)	₹4 L/yr - ₹8 L/yr 30% more
ICICI Lombard General Insurance Company Senior Associate Salary 4 - 10 years exp. (9 salaries)	₹4 L/yr - ₹6.5 L/yr 20% more

Senior Associate salary at ICICI Prudential Life Insurance ranges between ₹2.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 184 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Senior Associate in Mumbai

5d ago

₹5.2 Lakhs

6 years exp.

2w ago

₹4.3 Lakhs

6 years exp.

3w ago

₹4.6 Lakhs

2 years exp.

1mo ago

₹4 Lakhs

3 years exp.

1mo ago

₹5 Lakhs

9 years exp.

1mo ago

6 years exp.

1mo ago

1 year exp.

1mo ago

7 years exp.

2mo ago

2 years exp.

2mo ago

6 years exp.

Experience wise ICICI Prudential Life Insurance Senior Associate salaries in Mumbai

Last Updated: 31 Mar 2025

Experience	Avg Annual Salary
1 year (7 salaries)	₹3.4 L/yr - ₹4.6 L/yr
2 years (16 salaries)	₹3.2 L/yr - ₹4.6 L/yr
Login to view exact salary
3 years (11 salaries)	₹2.5 L/yr - ₹7.6 L/yr
4 years (21 salaries)	₹3.3 L/yr - ₹5 L/yr
5 years (39 salaries)	₹3 L/yr - ₹5.3 L/yr
6 years (39 salaries)	₹3.6 L/yr - ₹5.3 L/yr
7 years (23 salaries)	₹3.6 L/yr - ₹5.5 L/yr
8 years (15 salaries)	₹3.5 L/yr - ₹5 L/yr
9 years (13 salaries)	₹3.4 L/yr - ₹5.2 L/yr

View all

From

Senior Associate

₹

Lakhs/yr

1 - 9 years exp.

Senior Manager

₹

Lakhs/yr

0 - 9 years exp.

Senior Associate

1 - 9 years exp.

Assistant Manager

1 - 12 years exp.

25% hike

Manager

1 - 13 years exp.

45% hike

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

Software Engineer Salary

(3 salaries)

₹2.4 L/yr - ₹7.15 L/yr

Salary related reviews for ICICI Prudential Life Insurance

3.7

Rated by 27 employees for salary & benefits

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 10 Jan 2025

3.0

for Salary and Benefits

Likes

Salary package.

Dislikes

There is not have any work life balance, specially in group claims ,manager is not cooperative, for a single day sick leave also they asked like why did you inform previously.saturdays are working for partial employees.Hr &Sr Management is not supportive for employees they are at side of only managers.Promotion criteria is not basis of performance but on favourtism basis....hr will not assure that your conversation will be confidential & but each information gave to senior rather than to help out employees get more torture from manager.

Skill development - Bad

+5 more

Team Lead in Indore

Engineering - Software & QA Department

5.0

• posted on 06 Sep 2019

5.0

for Salary and Benefits

Likes

I love the fact that i’m a part of a team that reliable l, high-quality products and has a global client base. As a result i get to interact with high profile people, celebrity and many more thinks to learn Another plus point is that my colleagues and Leadership Team is very much supportive & we work happily in collaboration.!!☺️

Salary - Excellent

+6 more

Dislikes

...gative wives so sometime we have to work more than shift timing but it’s okay becouse if we will spend more hours will get more salary.

Associate Consultant in New Delhi

Bancaasurance Department

3.0

• posted on 05 Apr 2019

3.0

for Salary and Benefits

Likes

icici is itself a brand and it has its own value the best thing about icici that the customer satisfaction is the best one and the products services or any issue regarding anything can be solved easily

Job security - Good

+1 more

Dislikes

Not satisfactory compensation and the career growth is very slow because insurance is a prosuct that 90% people dnt understand or dnt buy or miss guided by their friends and the last one thing is leaves are given very few

Senior Financial Service Manager in Lucknow

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.

Salary - Excellent

+6 more

Dislikes

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

Financial Service Consultant in Salem

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Jan 2025

3.0

for Salary and Benefits

Likes

Icici prudential is basically good company .It gives good salary for freshers.

Dislikes

Company wise icici is very good. But salem branch is very worst for managers support There is a lots of politics.seniors not help for juniors especially ANAND (ARM) PSF channel is help to senior only. Anand give only 6month time for begineers .After 6 months They don't give a business he compale for the separation . HR wise no action for anand.

Skill development - Bad

+3 more

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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 Senior Associate Salary FAQs

What is the salary of Senior Associate at ICICI Prudential Life Insurance in Mumbai?

The average salary of a Senior Associate at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹2.5 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Senior Associate in Mumbai at ICICI Prudential Life Insurance earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. Senior Associate 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 Senior Associate at ICICI Prudential Life Insurance in Mumbai?

The estimated take-home salary of a Senior Associate at ICICI Prudential Life Insurance in Mumbai typically ranges from ₹32,303 to ₹33,583 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 1 year 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.

Which companies offer higher salaries than ICICI Prudential Life Insurance for Senior Associate in India?

Gallagher	₹4.0 Lakhs to ₹8.0 Lakhs per year
ICICI Lombard General Insurance Company	₹4.0 Lakhs to ₹6.5 Lakhs per year
SBI Life Insurance Company	₹3.0 Lakhs to ₹6.8 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 Senior Associate in companies similar to ICICI Prudential Life Insurance in Mumbai?

The salary of a Senior Associate 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:

HDFC Ergo General Insurance	₹3.0 Lakhs to ₹5.0 Lakhs per year
HDFC Life	₹1.1 Lakhs to ₹4.6 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 Senior Associate at ICICI Prudential Life Insurance in Mumbai?

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

Experience	Average Salary Range
1 year	₹3.4 Lakhs to ₹4.6 Lakhs per year
2 years	₹3.2 Lakhs to ₹4.6 Lakhs per year
3 years	₹2.5 Lakhs to ₹7.6 Lakhs per year
4 years	₹3.3 Lakhs to ₹5.0 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Senior Associate Salaries in Mumbai

ICICI Prudential Life Insurance Senior Associate salary in Mumbai ranges between ₹2.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 184 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

ICICI Prudential Life Insurance Senior Associate salaries in Mumbai (Updated 2025)

Companies similar to ICICI Prudential Life Insurance for Senior Associate in Mumbai

Latest annual salaries shared by ICICI Prudential Life Insurance Senior Associate in Mumbai

Experience wise ICICI Prudential Life Insurance Senior Associate salaries in Mumbai

Similar Designation salaries in ICICI Prudential Life Insurance

Salary related reviews for ICICI Prudential Life Insurance

Senior Associate in Mumbai

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ICICI Prudential Life Insurance Senior Associate Salary FAQs

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