ICICI Prudential Life Insurance Underwriting Executive Salaries by 5 Employees

5 - 10 years exp.

₹3.5 Lakhs - ₹5.6 Lakhs

Low Confidence

Salary of majority employees

32% more than the average Underwriting Executive Salary in Insurance Companies for 5 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Underwriting Executive Salary 6 - 10 years exp. (4 salaries)	₹4 L/yr - ₹5.6 L/yr
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Data Science & Analytics Underwriting Executive Salary 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 28 Jan 2024

Companies similar to ICICI Prudential Life Insurance for Underwriting Executive

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Underwriting Executive Salary 1 - 6 years exp. (112 salaries)	₹2 L/yr - ₹4.5 L/yr 34% less
Axis Max Life Insurance Underwriting Executive Salary 0 - 6 years exp. (7 salaries)	₹3.3 L/yr - ₹4.7 L/yr 17% less
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HDFC Life Underwriting Executive Salary 0 - 6 years exp. (7 salaries)	₹2.6 L/yr - ₹3.5 L/yr 35% less
Tata AIA Life Insurance Underwriting Executive Salary 2 - 4 years exp. (5 salaries)	₹3.1 L/yr - ₹7 L/yr 14% more
Shriram Life Insurance Underwriting Executive Salary 1 - 6 years exp. (4 salaries)	₹2.3 L/yr - ₹2.7 L/yr 42% less
ICICI Lombard General Insurance Company Underwriting Executive Salary 2 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹11 L/yr 49% more
SBI Life Insurance Company Underwriting Executive Salary 1 - 18 years exp. (4 salaries)	₹3 L/yr - ₹7 L/yr 21% more
AIG Underwriting Executive Salary 2 - 3 years exp. (4 salaries)	₹5.6 L/yr - ₹6 L/yr 30% more
SBI General Insurance Underwriting Executive Salary 1 - 2 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 25% less
Aditya Birla Sun Life Insurance Underwriting Executive Salary 1 year exp. (3 salaries)	₹3.2 L/yr - ₹3.5 L/yr 26% less
Bajaj Allianz Life Insurance Underwriting Executive Salary 1 - 4 years exp. (3 salaries)	₹2.7 L/yr - ₹4 L/yr 23% less
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PNB MetLife Underwriting Executive Salary 1 - 6 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 29% less
Kotak Mahindara Life Insurance Underwriting Executive Salary 4 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹2.6 L/yr 48% less

Underwriting Executive salary at ICICI Prudential Life Insurance ranges between ₹3.5 Lakhs to ₹5.6 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Underwriting Executive salaries

Last Updated: 28 Jan 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
10 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr

View all

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Salary related reviews for ICICI Prudential Life Insurance

4.0

Rated by 1 employees for salary & benefits

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

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

Relationship Manager in Mumbai

Marketing & Communication Department

1.0

• posted on 26 Mar 2021

2.0

for Salary and Benefits

Likes

- Allowances are good. - Salary comes on time.

Job security - Good

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

Salary - Poor

+4 more

Customer Service Executive in Chandigarh

Customer Success, Service & Operations Department

4.0

• posted on 20 Aug 2020

4.0

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 - Good

+4 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2years before which you cannot resign. On the job training is not given to new joinees.

Team Lead in Indore

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.!!☺️

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.

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ICICI Prudential Life Insurance Underwriting Executive Salary FAQs

What is the salary of Underwriting Executive at ICICI Prudential Life Insurance ?

The average salary of a Underwriting Executive at ICICI Prudential Life Insurance in India typically ranges from ₹3.5 Lakhs to ₹5.6 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Underwriting Executive at ICICI Prudential Life Insurance earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Underwriting Executive 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 5 ICICI Prudential Life Insurance employees in India.

What is the estimated take home salary of a Underwriting Executive at ICICI Prudential Life Insurance in India?

The estimated take-home salary of a Underwriting Executive at ICICI Prudential Life Insurance in India typically ranges from ₹33,245 to ₹34,511 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from 5 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 5 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 Underwriting Executive in India?

ICICI Lombard General Insurance Company	₹3.5 Lakhs to ₹11.0 Lakhs per year
AIG	₹5.6 Lakhs to ₹6.0 Lakhs per year
SBI Life Insurance Company	₹3.0 Lakhs to ₹7.0 Lakhs per year
Tata AIA Life Insurance	₹3.1 Lakhs to ₹7.0 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 Underwriting Executive in companies similar to ICICI Prudential Life Insurance in India?

The salary of a Underwriting Executive 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:

Axis Max Life Insurance	₹3.3 Lakhs to ₹4.7 Lakhs per year
Bajaj Allianz Life Insurance	₹2.7 Lakhs to ₹4.0 Lakhs per year
SBI General Insurance	₹3.0 Lakhs to ₹3.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹3.2 Lakhs to ₹3.5 Lakhs per year
PNB MetLife	₹3.0 Lakhs to ₹3.5 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 Underwriting Executive at ICICI Prudential Life Insurance in India?

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

Experience	Average Salary Range
5 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
6 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
7 years	₹3.8 Lakhs to ₹4.9 Lakhs per year
8 years	₹4.2 Lakhs to ₹5.4 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Underwriting Executive Salaries

ICICI Prudential Life Insurance Underwriting Executive salary in India ranges between ₹3.5 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.