ICICI Prudential Life Insurance Sr BDM Salaries by 3 Employees

0 - 13 years exp.

₹4 Lakhs - ₹4.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

49% less than the average Sr BDM Salary in Insurance Companies for 0 - 13 years of experience

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Last Updated: 12 Nov 2022

Companies similar to ICICI Prudential Life Insurance for Sr BDM

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Sr BDM Salary 5 - 13 years exp. (164 salaries)	₹3.5 L/yr - ₹8.2 L/yr 36% more
SBI General Insurance Sr BDM Salary 5 - 13 years exp. (33 salaries)	₹3.8 L/yr - ₹7 L/yr 24% more
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Bajaj Allianz Life Insurance Sr BDM Salary 3 - 19 years exp. (20 salaries)	₹4.3 L/yr - ₹4.8 L/yr 8% more
Axis Max Life Insurance Sr BDM Salary 3 - 17 years exp. (6 salaries)	₹5 L/yr - ₹14 L/yr 102% more
ICICI Lombard General Insurance Company Sr BDM Salary 3 - 16 years exp. (6 salaries)	₹3.4 L/yr - ₹9 L/yr 29% more
Reliance Nippon Life Insurance Sr BDM Salary 3 - 11 years exp. (4 salaries)	₹4.3 L/yr - ₹6.6 L/yr 19% more
Shriram Life Insurance Sr BDM Salary 4 - 13 years exp. (4 salaries)	₹2.8 L/yr - ₹4 L/yr 25% less
Aditya Birla Sun Life Insurance Sr BDM Salary 9 - 15 years exp. (4 salaries)	₹10.3 L/yr - ₹12 L/yr 169% more
HDFC Life Sr BDM Salary 2 - 13 years exp. (4 salaries)	₹3.2 L/yr - ₹4 L/yr 22% less

Sr BDM salary at ICICI Prudential Life Insurance ranges between ₹4 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 3 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Sr BDM salaries

Last Updated: 12 Nov 2022

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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13 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr

From

Sr BDM

₹

Lakhs/yr

0 - 13 years exp.

Regional Manager

₹

Lakhs/yr

15 - 22 years exp.

Sr BDM 0 - 13 years exp.

Associate Regional Manager 4 - 21 years exp.

358% hike

Regional Manager 15 - 22 years exp.

24% hike

From

View 1 more level

Sr BDM

0 - 13 years exp.

Senior Manager

0 - 9 years exp.

From

View 1 more level

Sr BDM

0 - 13 years exp.

Chief Manager

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.

Salary related reviews for ICICI Prudential Life Insurance

3.8

Rated by 3 employees for salary & benefits

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

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

Agency Manager in Goa

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.

Skill development - Excellent

+4 more

Dislikes

Low salary slow growth

Unit Sales Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 04 Dec 2024

4.0

for Salary and Benefits

Likes

...own brand so it's easy to deal with clients. 2nd competitively amazing products. 3rd salary payouts are always on time. 4th presure for growth is remarkably high.

Salary - Good

+1 more

Dislikes

1st Very High Sales Pressure!! 2nd incentives playmates are very delayed. 3rd less work-life balance, sometimes you have to attend meetings on Sunday & have meet client on weekends also. 4th you have to be lucky enough to get a supportive BM & RM. Otherwise you'll end up resigning with in 6-12 mouth. 5th if you have hard-core sales mindset & have good networking skills then you could stay at ipru & grow. Otherwise you'll get Frustrated very soon.

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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 Sr BDM Salary FAQs

How the salary growth look like for a Sr BDM at ICICI Prudential Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹3.6 Lakhs to ₹4.6 Lakhs per year
2 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
13 years	₹3.7 Lakhs to ₹4.8 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Sr BDM Salaries

ICICI Prudential Life Insurance Sr BDM salary in India ranges between ₹4 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

ICICI Prudential Life Insurance Sr BDM salaries in India

Companies similar to ICICI Prudential Life Insurance for Sr BDM

Experience wise ICICI Prudential Life Insurance Sr BDM salaries

Salary related reviews for ICICI Prudential Life Insurance

Senior Financial Service Manager in Lucknow

Financial Service Consultant in Salem

Senior Associate in Mumbai

Agency Manager in Goa

Unit Sales Manager in Kolkata

ICICI Prudential Life Insurance Sr BDM Salary FAQs

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