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4.1

based on 6k Reviews

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ICICI Prudential Life Insurance Team Manager salaries in India

Annual salary range
0 - 10 years exp.
₹3.8 Lakhs - ₹10.5 Lakhs
Salary of majority employees
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51% less than the average Team Manager Salary in Insurance Companies for 0 - 10 years of experience

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Salaries in different departments

Marketing & Communication
Team Manager Salary
2 - 8 years exp. (3 salaries)
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₹5 L/yr - ₹7.7 L/yr

BFSI, Investments & Trading
Team Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹7 L/yr

Last Updated: 22 Jul 2024

Companies similar to ICICI Prudential Life Insurance for Team Manager

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

1 - 10 years exp. (23 salaries)

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₹4.8 L/yr - ₹12.5 L/yr

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₹7.5 L/yr - ₹17.4 L/yr

arrow icon 40% more
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Max Life Insurance Team Manager Salary

4 - 13 years exp. (16 salaries)

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₹5.8 L/yr - ₹20.3 L/yr

arrow icon 59% more
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₹1.2 L/yr - ₹8.7 L/yr

arrow icon 30% less
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₹2.2 L/yr - ₹9.8 L/yr

arrow icon 10% less
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Tata AIA Life Insurance Team Manager Salary

0 - 15 years exp. (8 salaries)

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₹3.8 L/yr - ₹10.7 L/yr

arrow icon 7% more
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₹3.5 L/yr - ₹6.9 L/yr

arrow icon 42% less
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₹6 L/yr - ₹14.9 L/yr

arrow icon 23% more
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PNB MetLife Team Manager Salary

2 - 11 years exp. (10 salaries)

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₹4.1 L/yr - ₹17.3 L/yr

arrow icon 30% more
1 job opening
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Gallagher Team Manager Salary

7 - 14 years exp. (201 salaries)

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₹5.3 L/yr - ₹15 L/yr

arrow icon 12% more
3 job openings
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Care Health Insurance Team Manager Salary

4 - 10 years exp. (44 salaries)

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₹3.4 L/yr - ₹6.5 L/yr

arrow icon 33% less
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₹4.1 L/yr - ₹15.3 L/yr

arrow icon 24% more
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₹3 L/yr - ₹7.8 L/yr

arrow icon 41% less
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SBI General Insurance Team Manager Salary

0 - 7 years exp. (7 salaries)

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₹3.2 L/yr - ₹11.6 L/yr

arrow icon 11% less
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₹5.8 L/yr - ₹12 L/yr

At par
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₹5.1 L/yr - ₹8.1 L/yr

arrow icon 8% less
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AIG Team Manager Salary

5 - 13 years exp. (5 salaries)

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₹11.5 L/yr - ₹30 L/yr

arrow icon 138% more
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₹5.5 L/yr - ₹8 L/yr

arrow icon 9% less
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Allianz Team Manager Salary

5 - 16 years exp. (4 salaries)

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₹5.8 L/yr - ₹29.6 L/yr

arrow icon 180% more
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Swiss Re Team Manager Salary

7 - 12 years exp. (3 salaries)

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₹18 L/yr - ₹40 L/yr

arrow icon 279% more
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Team Manager salary at ICICI Prudential Life Insurance ranges between ₹3.8 Lakhs to ₹10.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 17 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Team Manager

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Experience wise ICICI Prudential Life Insurance Team Manager salaries

Last Updated: 22 Jul 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹6 L/yr - ₹13.6 L/yr
1 year (AmbitionBox Estimate)

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₹3.8 L/yr - ₹9.8 L/yr
2 years  (4 salaries)

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₹6 L/yr - ₹13.6 L/yr
3 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹7.7 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹13.6 L/yr
View all

Similar Designation salaries in ICICI Prudential Life Insurance

Area Manager Salary
(364 salaries)
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₹5.8 L/yr - ₹12.78 L/yr
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₹6.5 L/yr - ₹18 L/yr
Store Manager Salary
(3 salaries)
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₹3 L/yr - ₹11 L/yr
Branch Manager Salary
(307 salaries)
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₹6.25 L/yr - ₹18 L/yr
Deputy Manager Salary
(43 salaries)
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₹2.25 L/yr - ₹8 L/yr
Team Lead Salary
(23 salaries)
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₹1.5 L/yr - ₹8.75 L/yr
Project Manager Salary
(37 salaries)
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₹2.8 L/yr - ₹11.42 L/yr
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₹4.5 L/yr - ₹8.72 L/yr
Cluster Manager Salary
(33 salaries)
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₹6.05 L/yr - ₹17 L/yr
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₹2.15 L/yr - ₹9 L/yr

Top skills at ICICI Prudential Life Insurance for Team Manager

channel management Life Insurance Agency Management Team Management Sales Management Sales Team Leading Relationship Building

Salary related reviews for ICICI Prudential Life Insurance

4.1

Rated by 8 employees for salary & benefits

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

 · 

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.

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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

read more

Customer Success, Service & Operations Department

5.0
  •  posted on 12 Aug 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling.company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more

Marketing & Communication Department

1.0
  •  posted on 26 Mar 2021

2.0
 for  Salary and Benefits

Likes

- Allowances are good. - Salary comes on time.

Dislikes

There is absolutely no work life balance here. The boss / super boss everyone speaks in a very demotivating and degrading tone. It is very abusive and toxic. Unrealistic expectations and extremely abusive culture

read more
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ICICI Prudential Life Insurance Team Manager Salary FAQs

What is the salary of Team Manager at ICICI Prudential Life Insurance?
Team Manager salary at ICICI Prudential Life Insurance in India ranges between ₹3.8 Lakhs to ₹10.5 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 51% less than the average Team Manager Salary in India. Salary estimates are based on 17 latest salaries received from various employees of ICICI Prudential Life Insurance India.
How does the salary of a Team Manager at ICICI Prudential Life Insurance India compare with the average salary range for this job?
The average salary of a Team Manager at ICICI Prudential Life Insurance is 51% less than the average salary of a Team Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Team Manager at ICICI Prudential Life Insurance?
channel management, Life Insurance, Agency Management, Team Management and Sales Management are some of the popular skills required to work as a Team Manager at ICICI Prudential Life Insurance India.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Team Manager in India?
  • Swiss Re Team Manager Salary - ₹18.0 Lakhs to ₹40.0 Lakhs per year
  • AXA Team Manager Salary - ₹25.0 Lakhs to ₹30.0 Lakhs per year
  • Allianz Team Manager Salary - ₹5.8 Lakhs to ₹29.6 Lakhs per year
  • AIG Team Manager Salary - ₹11.5 Lakhs to ₹30.0 Lakhs per year
  • Max Life Insurance Team Manager Salary - ₹5.8 Lakhs to ₹20.3 Lakhs per year
What is the salary of a Team Manager in companies similar to ICICI Prudential Life Insurance in India?
  • SBI Life Insurance Company Team Manager Salary - ₹7.5 Lakhs to ₹17.4 Lakhs per year
  • PNB MetLife Team Manager Salary - ₹4.1 Lakhs to ₹17.3 Lakhs per year
  • ICICI Lombard General Insurance Company Team Manager Salary - ₹4.1 Lakhs to ₹15.3 Lakhs per year
  • Aviva Life Insurance India Team Manager Salary - ₹6.0 Lakhs to ₹14.9 Lakhs per year
  • Gallagher Team Manager Salary - ₹5.3 Lakhs to ₹15.0 Lakhs per year
What is the estimated take home salary of a Team Manager at ICICI Prudential Life Insurance in India?
The estimated take-home salary of a Team Manager at ICICI Prudential Life Insurance ranges between ₹56,092 per month to ₹57,499 per month in India. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Team Manager salary in India which ranges between ₹3.8 Lakhs to ₹10.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?
What is the notice period for Team Manager at ICICI Prudential Life Insurance?
According to AmbitionBox, 33% of the ICICI Prudential Life Insurance Team Managers reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Prudential Life Insurance Team Manager salary in India ranges between ₹3.8 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.