ICICI Prudential Life Insurance Software Developer Salaries by 7 Employees (Updated 2025)

2 - 6 years exp.

₹2.5 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

20% less than the average Software Developer Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

Data Science & Analytics Software Developer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8 L/yr
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Engineering - Software & QA Software Developer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹7.3 L/yr

Last Updated: 12 Mar 2025

Companies similar to ICICI Prudential Life Insurance for Software Developer

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Software Developer Salary 0 - 5 years exp. (87 salaries)	₹2.1 L/yr - ₹11.9 L/yr 1% less
ICICI Lombard General Insurance Company Software Developer Salary 0 - 3 years exp. (48 salaries)	₹3.5 L/yr - ₹12.2 L/yr 25% more
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Empower Software Developer Salary 2 - 7 years exp. (36 salaries)	₹6.7 L/yr - ₹19.2 L/yr 108% more
Star Health & Allied Insurance Software Developer Salary 1 - 10 years exp. (19 salaries)	₹7.3 L/yr - ₹28.3 L/yr 144% more
Bajaj Allianz Life Insurance Software Developer Salary 2 - 5 years exp. (15 salaries)	₹4 L/yr - ₹9.2 L/yr 5% more
HDFC Life Software Developer Salary 2 - 7 years exp. (13 salaries)	₹4.3 L/yr - ₹15.2 L/yr 50% more
Swiss Re Software Developer Salary 1 - 4 years exp. (11 salaries)	₹15.6 L/yr - ₹26 L/yr 144% more
Gallagher Software Developer Salary 2 years exp. (33 salaries)	₹14 L/yr - ₹24 L/yr 161% more
SBI Life Insurance Company Software Developer Salary 0 - 4 years exp. (11 salaries)	₹2.4 L/yr - ₹6 L/yr 19% less
Allianz Software Developer Salary 2 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹6 L/yr 25% less
Tata AIA Life Insurance Software Developer Salary 3 - 5 years exp. (7 salaries)	₹5.6 L/yr - ₹13.1 L/yr 58% more
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AXA Software Developer Salary 2 - 6 years exp. (6 salaries)	₹5 L/yr - ₹9.1 L/yr 21% more
AIG Software Developer Salary 3 - 7 years exp. (6 salaries)	₹5.2 L/yr - ₹14.8 L/yr 75% more
SBI General Insurance Software Developer Salary 0 - 11 years exp. (5 salaries)	₹6 L/yr - ₹9 L/yr 6% more
Aditya Birla Sun Life Insurance Software Developer Salary 2 - 3 years exp. (4 salaries)	₹3.5 L/yr - ₹6.6 L/yr 24% less
Life Insurance Corporation of India Software Developer Salary 2 - 8 years exp. (3 salaries)	₹1.1 L/yr - ₹12 L/yr 15% more
Kotak Mahindara Life Insurance Software Developer Salary 0 - 2 years exp. (3 salaries)	₹3 L/yr - ₹5.3 L/yr 34% less

Software Developer salary at ICICI Prudential Life Insurance ranges between ₹2.5 Lakhs to ₹8 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Software Developer salaries

Last Updated: 12 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹8 L/yr
3 years (3 salaries)	₹2.7 L/yr - ₹8 L/yr
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4 years (AmbitionBox Estimate)	₹5 L/yr - ₹12.1 L/yr
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7 L/yr

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₹0.9 L/yr - ₹1.2 L/yr

Senior Engineer Salary

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Salary related reviews for ICICI Prudential Life Insurance

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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ICICI Prudential Life Insurance Software Developer Salary FAQs

What is the salary of Software Developer at ICICI Prudential Life Insurance ?

The average salary of a Software Developer at ICICI Prudential Life Insurance in India typically ranges from ₹2.5 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Software Developer at ICICI Prudential Life Insurance earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Software Developer 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 7 ICICI Prudential Life Insurance employees in India.

What is the estimated take home salary of a Software Developer at ICICI Prudential Life Insurance in India?

The estimated take-home salary of a Software Developer at ICICI Prudential Life Insurance in India typically ranges from ₹51,235 to ₹52,443 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 2 years to 6 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 7 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 Software Developer in India?

Gallagher	₹14.0 Lakhs to ₹24.0 Lakhs per year
Star Health & Allied Insurance	₹7.3 Lakhs to ₹28.3 Lakhs per year
Swiss Re	₹15.6 Lakhs to ₹26.0 Lakhs per year
Empower	₹6.7 Lakhs to ₹19.2 Lakhs per year
AIG	₹5.2 Lakhs to ₹14.8 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 Software Developer in companies similar to ICICI Prudential Life Insurance in India?

The salary of a Software Developer 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:

Tata AIA Life Insurance	₹5.6 Lakhs to ₹13.1 Lakhs per year
HDFC Life	₹4.3 Lakhs to ₹15.2 Lakhs per year
ICICI Lombard General Insurance Company	₹3.5 Lakhs to ₹12.2 Lakhs per year
AXA	₹5.0 Lakhs to ₹9.1 Lakhs per year
Life Insurance Corporation of India	₹1.1 Lakhs to ₹12.0 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 Software Developer at ICICI Prudential Life Insurance in India?

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

Experience	Average Salary Range
2 years	₹2.5 Lakhs to ₹8.0 Lakhs per year
3 years	₹2.7 Lakhs to ₹8.0 Lakhs per year
4 years	₹5.0 Lakhs to ₹12.1 Lakhs per year
5 years	₹6.0 Lakhs to ₹7.7 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Software Developer Salaries

ICICI Prudential Life Insurance Software Developer salary in India ranges between ₹2.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.