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ICICI Prudential Life Insurance Strategy Manager salaries in India

Annual salary range
2 - 6 years exp.
₹6.8 Lakhs - ₹13 Lakhs
Salary of majority employees
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64% less than the average Strategy Manager Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

Marketing & Communication
Strategy Manager Salary
3 - 6 years exp. (5 salaries)
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₹8.6 L/yr - ₹10.8 L/yr

BFSI, Investments & Trading
Strategy Manager Salary
2 - 6 years exp. (4 salaries)
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₹7 L/yr - ₹13 L/yr

Strategic & Top Management
Strategy Manager Salary
3 - 6 years exp. (3 salaries)
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₹6.8 L/yr - ₹11 L/yr

Data Science & Analytics
Strategy Manager Salary
3 - 5 years exp. (AmbitionBox Estimate)
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₹7.6 L/yr - ₹10 L/yr

Last Updated: 13 Sep 2024

Companies similar to ICICI Prudential Life Insurance for Strategy Manager

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

2 - 8 years exp. (5 salaries)

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₹11.5 L/yr - ₹25 L/yr

arrow icon 72% more
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Max Life Insurance Strategy Manager Salary

8 - 19 years exp. (3 salaries)

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₹8.2 L/yr - ₹14 L/yr

arrow icon 8% more
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₹18 L/yr - ₹21.5 L/yr

arrow icon 98% more
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₹12 L/yr - ₹28 L/yr

arrow icon 80% more
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₹9 L/yr - ₹14.4 L/yr

arrow icon 2% more
Strategy Manager salary at ICICI Prudential Life Insurance ranges between ₹6.8 Lakhs to ₹13 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 18 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Strategy Manager

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Experience wise ICICI Prudential Life Insurance Strategy Manager salaries

Last Updated: 13 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹7 L/yr - ₹16.8 L/yr
3 years  (4 salaries)

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₹6.8 L/yr - ₹10.1 L/yr
4 years  (3 salaries)

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₹8 L/yr - ₹12 L/yr
5 years  (5 salaries)

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₹7.6 L/yr - ₹13 L/yr
6 years  (4 salaries)

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₹7.6 L/yr - ₹13 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

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₹14.5 L/yr - ₹20 L/yr
Project Manager Salary
(37 salaries)
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₹2.8 L/yr - ₹11.42 L/yr
Deputy Manager Salary
(48 salaries)
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₹2.25 L/yr - ₹8 L/yr
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₹2.15 L/yr - ₹9 L/yr
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₹6.5 L/yr - ₹18 L/yr
Product Manager Salary
(33 salaries)
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₹6.25 L/yr - ₹21 L/yr
Chief Manager Salary
(70 salaries)
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₹14.5 L/yr - ₹40 L/yr
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₹13.5 L/yr - ₹18 L/yr
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₹12 L/yr - ₹18 L/yr
Strategy Consultant Salary
(AmbitionBox Estimate)
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₹21.6 L/yr - ₹27.6 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
  • Salary - Bad
    +4 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

  • Job security - Good
    +1 more

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

read more
  • Salary - Bad
    +4 more

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

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
  • Skill development - Excellent
    +4 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

read more
  • Skill development - Bad
    +4 more
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ICICI Prudential Life Insurance Strategy Manager Salary FAQs

What is the salary of Strategy Manager at ICICI Prudential Life Insurance?
Strategy Manager salary at ICICI Prudential Life Insurance in India ranges between ₹6.8 Lakhs to ₹13.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 64% less than the average Strategy Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of ICICI Prudential Life Insurance India.
How does the salary of a Strategy Manager at ICICI Prudential Life Insurance India compare with the average salary range for this job?
The average salary of a Strategy Manager at ICICI Prudential Life Insurance is 64% less than the average salary of a Strategy Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Strategy Manager in India?
  • Tata AIA Life Insurance Strategy Manager Salary - ₹18.0 Lakhs to ₹21.5 Lakhs per year
  • Reliance Nippon Life Insurance Strategy Manager Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
  • HDFC Life Strategy Manager Salary - ₹11.5 Lakhs to ₹25.0 Lakhs per year
  • Max Life Insurance Strategy Manager Salary - ₹8.2 Lakhs to ₹14.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Strategy Manager Salary - ₹9.0 Lakhs to ₹14.4 Lakhs per year
What is the estimated take home salary of a Strategy Manager at ICICI Prudential Life Insurance in India?
The estimated take-home salary of a Strategy Manager at ICICI Prudential Life Insurance ranges between ₹72,201 per month to ₹74,063 per month in India. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Strategy Manager salary in India which ranges between ₹6.8 Lakhs to ₹13.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Strategy Manager at ICICI Prudential Life Insurance?
According to AmbitionBox, 67% of the ICICI Prudential Life Insurance Strategy Managers reported a notice period of 2 Months, 22% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Prudential Life Insurance Strategy Manager salary in India ranges between ₹6.8 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.