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ICICI Prudential Life Insurance Senior Branch Manager salaries in India (Updated 2025)

Annual salary range
10 - 18 years exp.
₹10 Lakhs - ₹16 Lakhs
Salary of majority employees
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25% more than the average Senior Branch Manager Salary in Insurance Companies for 10 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Branch Manager Salary
10 - 18 years exp. (14 salaries)
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₹11.4 L/yr - ₹16 L/yr

Sales & Business Development
Senior Branch Manager Salary
10 - 18 years exp. (7 salaries)
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₹10.5 L/yr - ₹13 L/yr

Marketing & Communication
Senior Branch Manager Salary
10 - 12 years exp. (AmbitionBox Estimate)
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₹11.8 L/yr - ₹13.1 L/yr

Last Updated: 20 Mar 2025

Companies similar to ICICI Prudential Life Insurance for Senior Branch Manager

Company name Avg Annual Salary Open Jobs
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₹6 L/yr - ₹15.3 L/yr

arrow icon 21% less
1 job opening
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₹6.5 L/yr - ₹12.3 L/yr

arrow icon 24% less
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HDFC Life Senior Branch Manager Salary

10 - 20 years exp. (88 salaries)

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₹7.8 L/yr - ₹15 L/yr

arrow icon 15% less
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₹9 L/yr - ₹18.5 L/yr

arrow icon 2% less
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PNB MetLife Senior Branch Manager Salary

11 - 20 years exp. (41 salaries)

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₹12 L/yr - ₹16.5 L/yr

At par
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₹8.5 L/yr - ₹14.1 L/yr

arrow icon 19% less
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₹10 L/yr - ₹17 L/yr

arrow icon 4% more
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₹7.2 L/yr - ₹13.2 L/yr

arrow icon 25% less
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₹9 L/yr - ₹17.2 L/yr

arrow icon 11% less
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₹9.1 L/yr - ₹14.3 L/yr

arrow icon 15% less
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₹7 L/yr - ₹15 L/yr

arrow icon 19% less
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₹3.2 L/yr - ₹10.6 L/yr

arrow icon 55% less
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₹12 L/yr - ₹30 L/yr

arrow icon 60% more
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₹8 L/yr - ₹15 L/yr

arrow icon 12% less
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₹6 L/yr - ₹15 L/yr

arrow icon 7% less
Senior Branch Manager salary at ICICI Prudential Life Insurance ranges between ₹10 Lakhs to ₹16 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 29 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Senior Branch Manager

3d ago
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17 years exp.
2w ago
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11 years exp.
4mo ago
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10 years exp.
7mo ago
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18 years exp.
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17 years exp.
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14 years exp.
1y ago
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18 years exp.
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14 years exp.
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15 years exp.

Experience wise ICICI Prudential Life Insurance Senior Branch Manager salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
10 years  (4 salaries)

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₹11.5 L/yr - ₹13.5 L/yr
11 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹14 L/yr
12 years  (4 salaries)

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₹10.5 L/yr - ₹14.2 L/yr
13 years  (4 salaries)

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₹11 L/yr - ₹14 L/yr
14 years  (4 salaries)

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₹11 L/yr - ₹16 L/yr
View all
ICICI Prudential Life Insurance Senior Branch Manager Salary and Career Growth

From

To

Senior Branch Manager

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10 - 18 years exp.

Regional Manager

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15 - 22 years exp.

Senior Branch Manager 10 - 18 years exp.
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arrow icon 43% hike
    Regional Manager 15 - 22 years exp.
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    arrow icon 24% hike

    From

    To

    Senior Branch Manager

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    10 - 18 years exp.

    Senior Manager

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    0 - 9 years exp.

    From

    To

    Senior Branch Manager

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    10 - 18 years exp.

    Chief Manager

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    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

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    Area Manager Salary
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    ₹5.8 L/yr - ₹13.2 L/yr
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    Sales Manager Salary
    (939 salaries)
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    ₹2.5 L/yr - ₹10.55 L/yr

    Salary related reviews for ICICI Prudential Life Insurance

    3.2

    Rated by 7 employees for salary & benefits

    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.

    read more
    • Salary - Bad
    • +6 more

    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 .

    read more
    • Promotions - Poor
    • +1 more

    Customer Success, Service & Operations Department

    5.0
      •  posted on 12 Aug 2021

    5.0
     for  Salary and Benefits

    Likes

    ...gement is transparent. There is a huge cafeteria and gaming arcade for chilling.company policies are good, appraisals are fair and they give good salary hike and bonus every year.

    read more
    • Salary - Excellent
    • +6 more

    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

    read more

    Marketing & Communication Department

    1.0
      •  posted on 26 Mar 2021

    2.0
     for  Salary and Benefits

    Likes

    - Allowances are good. - Salary comes on time.

    • Job security - Good

    Dislikes

    There is absolutely no work life balance here. The boss / super boss everyone speaks in a very demotivating and degrading tone. It is very abusive and toxic. Unrealistic expectations and extremely abusive culture

    read more
    • Salary - Poor
    • +4 more
    see more salary related reviews

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    ICICI Prudential Life Insurance Senior Branch Manager Salary FAQs

    What is the salary of Senior Branch Manager at ICICI Prudential Life Insurance ?
    The average salary of a Senior Branch Manager at ICICI Prudential Life Insurance in India typically ranges from ₹10.0 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 10 years to 18 years).

    The top 10% of Senior Branch Manager at ICICI Prudential Life Insurance earn more than ₹14.6 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Senior Branch 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 20+ ICICI Prudential Life Insurance employees in India.
    What is the estimated take home salary of a Senior Branch Manager at ICICI Prudential Life Insurance in India?
    The estimated take-home salary of a Senior Branch Manager at ICICI Prudential Life Insurance in India typically ranges from ₹95,113 to ₹97,676 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 10 years to 18 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 20+ 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 Branch Manager in India?
    United India Insurance Company ₹12.0 Lakhs to ₹30.0 Lakhs per year
    Tata AIA Life Insurance ₹10.0 Lakhs to ₹17.0 Lakhs per year
    PNB MetLife ₹12.0 Lakhs to ₹16.5 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 Branch Manager in companies similar to ICICI Prudential Life Insurance in India?
    The salary of a Senior Branch Manager 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:

    SBI Life Insurance Company ₹9.0 Lakhs to ₹18.5 Lakhs per year
    Life Insurance Corporation of India ₹6.0 Lakhs to ₹15.0 Lakhs per year
    Axis Max Life Insurance ₹9.0 Lakhs to ₹17.2 Lakhs per year
    Aditya Birla Sun Life Insurance ₹8.0 Lakhs to ₹15.0 Lakhs per year
    HDFC Life ₹7.8 Lakhs to ₹15.0 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 Senior Branch Manager at ICICI Prudential Life Insurance in India?
    The salary growth for a Senior Branch Manager at ICICI Prudential Life Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Branch Manager can expect the following growth trajectory at ICICI Prudential Life Insurance:

    Experience Average Salary Range
    10 years ₹11.5 Lakhs to ₹13.5 Lakhs per year
    11 years ₹5.4 Lakhs to ₹14.0 Lakhs per year
    12 years ₹10.5 Lakhs to ₹14.2 Lakhs per year
    13 years ₹11.0 Lakhs to ₹14.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    ICICI Prudential Life Insurance Senior Branch Manager salary in India ranges between ₹10 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 29 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.