ICICI Prudential Life Insurance Territory Sales Manager Salaries by 4 Employees (Updated 2025)

3 - 10 years exp.

₹5 Lakhs - ₹10.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

17% less than the average Territory Sales Manager Salary in Insurance Companies for 3 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Territory Sales Manager Salary 3 - 10 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹7 L/yr
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Sales & Business Development Territory Sales Manager Salary 5 years exp. (AmbitionBox Estimate)	₹9.8 L/yr - ₹12 L/yr

Last Updated: 20 Jan 2025

Companies similar to ICICI Prudential Life Insurance for Territory Sales Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Territory Sales Manager Salary 5 - 14 years exp. (400 salaries)	₹3.8 L/yr - ₹11 L/yr 24% more	27 job openings
PNB MetLife Territory Sales Manager Salary 4 - 13 years exp. (219 salaries)	₹3.8 L/yr - ₹7 L/yr 13% less
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SBI General Insurance Territory Sales Manager Salary 6 - 15 years exp. (51 salaries)	₹4 L/yr - ₹10.8 L/yr 20% more
Maruti Suzuki Insurance Broking Territory Sales Manager Salary 2 - 10 years exp. (45 salaries)	₹5.2 L/yr - ₹17.3 L/yr 66% more
ICICI Lombard General Insurance Company Territory Sales Manager Salary 0 - 10 years exp. (21 salaries)	₹4.5 L/yr - ₹13 L/yr 18% more
HDFC Ergo General Insurance Territory Sales Manager Salary 1 - 16 years exp. (17 salaries)	₹4 L/yr - ₹7.2 L/yr 15% less
HDFC Life Territory Sales Manager Salary 2 - 21 years exp. (16 salaries)	₹3.9 L/yr - ₹16 L/yr 55% more
SBI Life Insurance Company Territory Sales Manager Salary 5 - 16 years exp. (11 salaries)	₹4.9 L/yr - ₹6 L/yr 15% less
Bajaj Allianz Life Insurance Territory Sales Manager Salary 5 - 15 years exp. (9 salaries)	₹4.9 L/yr - ₹9.1 L/yr 5% more	1 job opening
Reliance Nippon Life Insurance Territory Sales Manager Salary 12 - 16 years exp. (4 salaries)	₹6.5 L/yr - ₹7.3 L/yr 12% more
Aditya Birla Sun Life Insurance Territory Sales Manager Salary 7 years exp. (3 salaries)	₹7 L/yr - ₹10 L/yr 29% more
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Kotak Mahindara Life Insurance Territory Sales Manager Salary 6 - 20 years exp. (4 salaries)	₹4.8 L/yr - ₹18 L/yr 32% more
Star Health & Allied Insurance Territory Sales Manager Salary 7 - 17 years exp. (3 salaries)	₹9 L/yr - ₹13.8 L/yr 117% more

Territory Sales Manager salary at ICICI Prudential Life Insurance ranges between ₹5 Lakhs to ₹10.9 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Territory Sales Manager salaries

Last Updated: 20 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5 L/yr - ₹10.2 L/yr
4 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹10.9 L/yr
6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹11.9 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7 L/yr

View all

Similar Designation salaries in ICICI Prudential Life Insurance

Senior Sales Manager Salary

(33 salaries)

₹3.25 L/yr - ₹8.1 L/yr

Territory Manager Salary

(4 salaries)

₹5.5 L/yr - ₹6.2 L/yr

Assistant Sales Manager Salary

(43 salaries)

₹4 L/yr - ₹5.75 L/yr

Area Sales Manager Salary

(133 salaries)

₹4.74 L/yr - ₹16.2 L/yr

Channel Sales Manager Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.4 L/yr

Senior Sales Officer Salary

(5 salaries)

₹3 L/yr - ₹9.65 L/yr

Sales Manager Salary

(939 salaries)

₹2.5 L/yr - ₹10.55 L/yr

Deputy Manager Salary

(53 salaries)

₹2.25 L/yr - ₹8 L/yr

Area Manager Salary

(375 salaries)

₹5.8 L/yr - ₹13.2 L/yr

Cluster Manager Salary

(31 salaries)

₹6.05 L/yr - ₹17.5 L/yr

Salary related reviews for ICICI Prudential Life Insurance

3.3

Rated by 2 employees for salary & benefits

Area Sales Manager in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 13 Jul 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...relieving & fnf settlement was comunicted verbaly for whch I had ask in writing. But it was asured dt recovery amt ll nt vary & latr thy givn recovery of gross salary which is high. When I not worked then also they added hra, supplementary allowance, statutory bonus in my recovery amt. Firstly If i have not taken any benfits with organization then recovery is not calculated and If the recovery calculated then it is always calculated on monthly basic salary.Rest all are additional benefits given to the employee. But then also ipru charged me recovery of 2month gross salary. As I have to get my reliveing letter so i had paid the recovery. But now I am writing the complaint as I was charged too. Pls help me out for it.

Salary - Bad

+6 more

Sales Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 17 Jan 2023

3.0

for Salary and Benefits

Likes

Skill development Salary and benefits

Skill development - Good

+1 more

Dislikes

No dislikes but everything depends on the manager you report and the channel you get in this company. If your in partner handling channel . Your manager will give so much respect and importance to the partner but not you . He will not understand your problem .

Promotions - Poor

+1 more

Business Development Executive in Bangalore / Bengaluru

Marketing & Communication Department

1.0

• posted on 26 Apr 2022

1.0

for Salary and Benefits

Likes

...sive word. Never Suggest anyone to work here, specially for sales job profile. Pros: salary on time and job security

Job security - Good

Dislikes

Salary - Bad
Skill development - Bad

+4 more

Relationship Manager in Saharsa

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.

Salary - Excellent

+6 more

Sales Manager in Kolkata

BFSI, Investments & Trading Department

5.0

• posted on 15 Jul 2021

5.0

for Salary and Benefits

Likes

Digital process , Good work environment and culture, teammates are supportive and the management is transparent.

Salary - Excellent

+6 more

Dislikes

Low salary compare to others company in same industry,now a days there is a lot of politics

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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ICICI Prudential Life Insurance Territory Sales Manager Salary FAQs

What is the salary of Territory Sales Manager at ICICI Prudential Life Insurance ?

The average salary of a Territory Sales Manager at ICICI Prudential Life Insurance in India typically ranges from ₹5.0 Lakhs to ₹10.9 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Territory Sales Manager at ICICI Prudential Life Insurance earn more than ₹10.9 Lakhs per year, and the top 1% earn over ₹10.9 Lakhs per year. Territory Sales Manager 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 4 ICICI Prudential Life Insurance employees in India.

What is the estimated take home salary of a Territory Sales Manager at ICICI Prudential Life Insurance in India?

The estimated take-home salary of a Territory Sales Manager at ICICI Prudential Life Insurance in India typically ranges from ₹48,128 to ₹49,266 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹10.9 Lakhs per year for employees with experience ranging from 3 years to 10 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 4 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 Territory Sales Manager in India?

Star Health & Allied Insurance	₹9.0 Lakhs to ₹13.8 Lakhs per year
Maruti Suzuki Insurance Broking	₹5.2 Lakhs to ₹17.3 Lakhs per year
HDFC Life	₹3.9 Lakhs to ₹16.0 Lakhs per year
Kotak Mahindara Life Insurance	₹4.8 Lakhs to ₹18.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹7.0 Lakhs to ₹10.0 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 Territory Sales Manager in companies similar to ICICI Prudential Life Insurance in India?

The salary of a Territory Sales Manager 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	₹3.8 Lakhs to ₹11.0 Lakhs per year
SBI General Insurance	₹4.0 Lakhs to ₹10.8 Lakhs per year
ICICI Lombard General Insurance Company	₹4.5 Lakhs to ₹13.0 Lakhs per year
Reliance Nippon Life Insurance	₹6.5 Lakhs to ₹7.3 Lakhs per year
Bajaj Allianz Life Insurance	₹4.9 Lakhs to ₹9.1 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 Territory Sales Manager at ICICI Prudential Life Insurance in India?

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

Experience	Average Salary Range
3 years	₹5.0 Lakhs to ₹10.2 Lakhs per year
4 years	₹5.3 Lakhs to ₹6.7 Lakhs per year
5 years	₹2.4 Lakhs to ₹10.9 Lakhs per year
6 years	₹5.6 Lakhs to ₹7.2 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Territory Sales Manager Salaries by Location

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ICICI Prudential Life Insurance Territory Sales Manager Salaries

ICICI Prudential Life Insurance Territory Sales Manager salary in India ranges between ₹5 Lakhs to ₹10.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

ICICI Prudential Life Insurance Territory Sales Manager salaries in India (Updated 2025)

Companies similar to ICICI Prudential Life Insurance for Territory Sales Manager

Latest annual salaries shared by ICICI Prudential Life Insurance Territory Sales Manager

Experience wise ICICI Prudential Life Insurance Territory Sales Manager salaries

Similar Designation salaries in ICICI Prudential Life Insurance

Salary related reviews for ICICI Prudential Life Insurance

Area Sales Manager in Indore

Sales Manager in Hyderabad / Secunderabad

Business Development Executive in Bangalore / Bengaluru

Relationship Manager in Saharsa

Sales Manager in Kolkata

ICICI Prudential Life Insurance Territory Sales Manager Salary FAQs

Tell us how to improve this page.

ICICI Prudential Life Insurance Territory Sales Manager Salaries by Location