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ICICI Prudential Life Insurance Senior Strategy Manager salaries in Mumbai

Annual salary range
1 - 4 years exp.
₹13.5 Lakhs - ₹18 Lakhs
Salary of majority employees
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52% less than the average Senior Strategy Manager Salary in Insurance Companies for 1 - 4 years of experience

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Salaries in different departments

Strategic & Top Management
Senior Strategy Manager Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹13.5 L/yr - ₹15.5 L/yr

BFSI, Investments & Trading
Senior Strategy Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹13.1 L/yr - ₹16 L/yr

Marketing & Communication
Senior Strategy Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹15.3 L/yr - ₹18.7 L/yr

Last Updated: 22 Dec 2024

Companies similar to ICICI Prudential Life Insurance for Senior Strategy Manager in Mumbai

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ICICI Prudential Life Insurance Senior Strategy Manager Salary

1 - 4 years exp. (6 salaries)

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₹13.5 L/yr - ₹18 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Senior Strategy Manager Salary

0 - 6 years exp. (5 salaries)

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₹11.5 L/yr - ₹27 L/yr

arrow icon 2% less
2 job openings
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₹25 L/yr - ₹28 L/yr

arrow icon 73% more
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₹18.7 L/yr - ₹31.7 L/yr

arrow icon 76% more
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IPG Senior Strategy Manager Salary

6 - 10 years exp. (4 salaries)

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₹12 L/yr - ₹16 L/yr

arrow icon 4% less
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₹28.8 L/yr - ₹36.8 L/yr

arrow icon 106% more
Senior Strategy Manager salary at ICICI Prudential Life Insurance ranges between ₹13.5 Lakhs to ₹18 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 6 latest salaries received from various employees of ICICI Prudential Life Insurance.

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

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Experience wise ICICI Prudential Life Insurance Senior Strategy Manager salaries in Mumbai

Last Updated: 22 Dec 2024

Experience Avg Annual Salary
1 year  (3 salaries)

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₹14.5 L/yr - ₹18 L/yr
2 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹27.7 L/yr
3 years (AmbitionBox Estimate)

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₹14.2 L/yr - ₹18.1 L/yr
4 years (AmbitionBox Estimate)

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₹15.5 L/yr - ₹17 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

Chief Manager Salary
(55 salaries)
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₹14.5 L/yr - ₹40 L/yr
Product Manager Salary
(30 salaries)
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₹6.25 L/yr - ₹21 L/yr
Deputy Manager Salary
(8 salaries)
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₹3.75 L/yr - ₹8 L/yr
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₹3.65 L/yr - ₹9 L/yr
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₹2.8 L/yr - ₹8.3 L/yr
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₹24.4 L/yr - ₹30 L/yr

Salary related reviews for ICICI Prudential Life Insurance

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 08 Feb 2023

1.0
 for  Salary and Benefits

Likes

Salary is decent, but lesser than offered by MNCs and Startups. Good support for freshers.

read more

Dislikes

Management Trainee profile is highly sales oriented, nothing else. You'll be made to travel on a bike, visit multiple people on a daily basis and sell insurance products. The company will promise, but never gives any food/ travel/ fuel reimbursements. The IT infrastructure is pathetic. Laptops given to employee hang a lot and are difficult to work on. The colleagues and peers are average. You would rarely come across people from good management institutes working here. There is no "Real skill" development other than communication skill. The company will train you but only to sell products, nothing else. Work life balance is pathetic, and we're often asked to work on weekends. Leaves are rarely approved. The work culture is aggressive, and manager shout and abuse their subordinates. The HR will not help you either, but only support the manager. The attrition rate is very high among the Front line staff/Business Trainee/ Management Trainee. Almost 70% people leave within 1 year and switch to MNCs/ Startups for better work culture, pay and respect. Everyday it feels like the company is going through a financial crisis. They lack money to maintain basic office infrastructure and spend on employee welfare. No Diwali gifts or office lunches. The company is losing market share to HDFC Life. Except for Term Insurance, all other products are a SCAM. It's not ethical to work here. Sooner or later customer will abuse you for misleading and fraud. Avoid ICICI Prudential. Don't ruin your career.

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 19 Jan 2023

1.0
 for  Salary and Benefits

Likes

Job security, Support for freshers

Dislikes

Low salary, Low increment, Minimal learning, Highly sales oriented job, Abusive managers, Pressure, 6 days a week working, No gifts, No reimbursement, High degree of misselling of products to achieve sales target

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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.

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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

Dislikes

Low salary slow growth

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

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ICICI Prudential Life Insurance Senior Strategy Manager Salary FAQs

What is the salary of Senior Strategy Manager at ICICI Prudential Life Insurance Mumbai?
Senior Strategy Manager salary at ICICI Prudential Life Insurance in Mumbai ranges between ₹13.5 Lakhs to ₹18.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 52% less than the average Senior Strategy Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of ICICI Prudential Life Insurance Mumbai.
How does the salary of a Senior Strategy Manager at ICICI Prudential Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Senior Strategy Manager at ICICI Prudential Life Insurance is 52% less than the average salary of a Senior Strategy Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Senior Strategy Manager in Mumbai?
  • Sar Transport Systems Senior Strategy Manager Salary - ₹28.8 Lakhs to ₹36.8 Lakhs per year
  • Reliance Industries Senior Strategy Manager Salary - ₹18.7 Lakhs to ₹31.7 Lakhs per year
  • Shapoorji Pallonji Group Senior Strategy Manager Salary - ₹25.0 Lakhs to ₹28.0 Lakhs per year
What is the salary of a Senior Strategy Manager in companies similar to ICICI Prudential Life Insurance in Mumbai?
  • HDFC Life Senior Strategy Manager Salary - ₹11.5 Lakhs to ₹27.0 Lakhs per year
  • IPG Senior Strategy Manager Salary - ₹12.0 Lakhs to ₹16.0 Lakhs per year
What is the estimated take home salary of a Senior Strategy Manager at ICICI Prudential Life Insurance in Mumbai?
The estimated take-home salary of a Senior Strategy Manager at ICICI Prudential Life Insurance ranges between ₹1,06,839 per month to ₹1,09,781 per month in Mumbai. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Senior Strategy Manager salary in India which ranges between ₹13.5 Lakhs to ₹18.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?
What is the notice period for Senior Strategy Manager at ICICI Prudential Life Insurance in Mumbai?
According to AmbitionBox, 100% of the ICICI Prudential Life Insurance Senior Strategy Managers in Mumbai reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Prudential Life Insurance Senior Strategy Manager salary in Mumbai ranges between ₹13.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.