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ICICI Prudential Life Insurance Software Engineer salaries in India

Annual salary range
1 - 3 years exp.
₹2 Lakhs - ₹8.2 Lakhs
Salary of majority employees
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37% less than the average Software Engineer Salary in Insurance Companies for 1 - 3 years of experience

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Salaries in different departments

Engineering - Software & QA
Software Engineer Salary
1 - 3 years exp. (8 salaries)
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₹2 L/yr - ₹8.2 L/yr

IT & Information Security
Software Engineer Salary
2 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹5.9 L/yr

Last Updated: 2 Jul 2024

Companies similar to ICICI Prudential Life Insurance for Software Engineer

Company name Avg Annual Salary Open Jobs
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₹2.7 L/yr - ₹12.3 L/yr

arrow icon 41% more
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₹6.4 L/yr - ₹14.5 L/yr

arrow icon 98% more
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₹3.1 L/yr - ₹7.5 L/yr

arrow icon 15% less
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HDFC Life Software Engineer Salary

1 - 8 years exp. (34 salaries)

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₹6.5 L/yr - ₹21.7 L/yr

arrow icon 133% more
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Empower Software Engineer Salary

1 - 5 years exp. (34 salaries)

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₹5.4 L/yr - ₹18.4 L/yr

arrow icon 112% more
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Allianz Software Engineer Salary

1 - 5 years exp. (30 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 1% less
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Gallagher Software Engineer Salary

2 - 4 years exp. (19 salaries)

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₹3.2 L/yr - ₹8 L/yr

arrow icon 9% more
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₹4 L/yr - ₹13.9 L/yr

arrow icon 66% more
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₹4.6 L/yr - ₹15 L/yr

arrow icon 104% more
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₹1 L/yr - ₹3.2 L/yr

arrow icon 43% less
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₹4.2 L/yr - ₹8 L/yr

arrow icon 18% more
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₹6.5 L/yr - ₹8.5 L/yr

arrow icon 37% more
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Swiss Re Software Engineer Salary

0 - 3 years exp. (5 salaries)

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₹12 L/yr - ₹14.6 L/yr

arrow icon 150% more
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AIG Software Engineer Salary

1 - 5 years exp. (5 salaries)

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₹3.2 L/yr - ₹3.6 L/yr

arrow icon 36% less
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₹2 L/yr - ₹16 L/yr

arrow icon 16% more
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PNB MetLife Software Engineer Salary

3 - 12 years exp. (4 salaries)

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₹4.8 L/yr - ₹14 L/yr

arrow icon 76% more
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AXA Software Engineer Salary

1 - 4 years exp. (4 salaries)

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₹2.8 L/yr - ₹6.5 L/yr

arrow icon 7% more
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₹4.5 L/yr - ₹30 L/yr

arrow icon 199% more
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₹4 L/yr - ₹15 L/yr

arrow icon 98% more
Software Engineer salary at ICICI Prudential Life Insurance ranges between ₹2 Lakhs to ₹8.2 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 11 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Software Engineer

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Experience wise ICICI Prudential Life Insurance Software Engineer salaries

Last Updated: 2 Jul 2024

Experience Avg Annual Salary
1 year  (4 salaries)

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₹2 L/yr - ₹7.2 L/yr
2 years  (4 salaries)

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₹2 L/yr - ₹8.2 L/yr
3 years  (3 salaries)

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₹2 L/yr - ₹9.5 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

Senior Engineer Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr
System Engineer Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
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₹8.9 L/yr - ₹9 L/yr
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₹2.5 L/yr - ₹8 L/yr
Associate Software Engineer Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Software Development Engineer Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr
Senior Developer Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
Salesforce Developer Salary
(AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.3 L/yr
Java Developer Salary
(AmbitionBox Estimate)
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₹8.6 L/yr - ₹10.9 L/yr
Team Lead Salary
(23 salaries)
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₹1.5 L/yr - ₹8.75 L/yr

Salary related reviews for ICICI Prudential Life Insurance

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.

read more
  • Skill development - Bad
  • +5 more

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.!!☺️

read more
  • 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.

read more

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

read more
  • 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

read more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

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

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.

read more

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.

read more
  • Skill development - Bad
  • +3 more
see more salary related reviews

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ICICI Prudential Life Insurance Software Engineer Salary FAQs

What is the salary of Software Engineer at ICICI Prudential Life Insurance ?
The average salary of a Software Engineer at ICICI Prudential Life Insurance in India typically ranges from ₹2.0 Lakhs to ₹8.2 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Software Engineer at ICICI Prudential Life Insurance earn more than ₹7.6 Lakhs per year, and the top 1% earn over ₹8.2 Lakhs per year. Software Engineer 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 10+ ICICI Prudential Life Insurance employees in India.
What is the estimated take home salary of a Software Engineer at ICICI Prudential Life Insurance in India?
The estimated take-home salary of a Software Engineer at ICICI Prudential Life Insurance in India typically ranges from ₹39,894 to ₹41,061 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹8.2 Lakhs per year for employees with experience ranging from 1 year to 3 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 10+ 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 Engineer in India?
Life Insurance Corporation of India ₹4.5 Lakhs to ₹30.0 Lakhs per year
Swiss Re ₹12.0 Lakhs to ₹14.6 Lakhs per year
HDFC Life ₹6.5 Lakhs to ₹21.7 Lakhs per year
Empower ₹5.4 Lakhs to ₹18.4 Lakhs per year
Axis Max Life Insurance ₹4.6 Lakhs to ₹15.0 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 Engineer in companies similar to ICICI Prudential Life Insurance in India?
The salary of a Software Engineer 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:

ICICI Lombard General Insurance Company ₹6.4 Lakhs to ₹14.5 Lakhs per year
Kotak Mahindara Life Insurance ₹4.0 Lakhs to ₹15.0 Lakhs per year
PNB MetLife ₹4.8 Lakhs to ₹14.0 Lakhs per year
Star Health & Allied Insurance ₹4.0 Lakhs to ₹13.9 Lakhs per year
HDFC Ergo General Insurance ₹2.7 Lakhs to ₹12.3 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 Engineer at ICICI Prudential Life Insurance in India?
The salary growth for a Software Engineer at ICICI Prudential Life Insurance depends on factors such as experience, performance, and promotions. On average, a Software Engineer can expect the following growth trajectory at ICICI Prudential Life Insurance:

Experience Average Salary Range
1 year ₹2.0 Lakhs to ₹7.2 Lakhs per year
2 years ₹2.0 Lakhs to ₹8.2 Lakhs per year
3 years ₹2.0 Lakhs to ₹9.5 Lakhs per year
and so on.

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ICICI Prudential Life Insurance Software Engineer salary in India ranges between ₹2 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.