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ICICI Prudential Life Insurance Vice President salaries in India (Updated 2025)

Annual salary range
17 - 23 years exp.
₹27 Lakhs - ₹50 Lakhs
Salary of majority employees
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23% less than the average Vice President Salary in Insurance Companies for 17 - 23 years of experience

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Salaries in different departments

Sales & Business Development
Vice President Salary
21 - 23 years exp. (5 salaries)
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₹34 L/yr - ₹50 L/yr

BFSI, Investments & Trading
Vice President Salary
19 - 22 years exp. (3 salaries)
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₹32 L/yr - ₹39 L/yr

Customer Success, Service & Operations
Vice President Salary
17 years exp. (AmbitionBox Estimate)
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₹27 L/yr - ₹36.3 L/yr

Last Updated: 12 Mar 2025

Companies similar to ICICI Prudential Life Insurance for Vice President

Company name Avg Annual Salary Open Jobs
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Swiss Re Vice President Salary

10 - 20 years exp. (100 salaries)

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₹29.5 L/yr - ₹87 L/yr

arrow icon 51% more
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₹22.3 L/yr - ₹45 L/yr

arrow icon 14% less
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Axis Max Life Insurance Vice President Salary

14 - 25 years exp. (41 salaries)

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₹20.1 L/yr - ₹70.6 L/yr

arrow icon 18% more
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HDFC Life Vice President Salary

12 - 27 years exp. (39 salaries)

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₹26 L/yr - ₹72 L/yr

arrow icon 28% more
4 job openings
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₹16 L/yr - ₹53.4 L/yr

arrow icon 19% less
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SBI Life Insurance Company Vice President Salary

10 - 20 years exp. (35 salaries)

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₹19.3 L/yr - ₹62 L/yr

arrow icon 8% more
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₹32.1 L/yr - ₹94 L/yr

arrow icon 50% more
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₹28.4 L/yr - ₹65.3 L/yr

arrow icon 20% more
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₹40.5 L/yr - ₹73 L/yr

arrow icon 38% more
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Tata AIA Life Insurance Vice President Salary

15 - 23 years exp. (14 salaries)

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₹30.4 L/yr - ₹97 L/yr

arrow icon 85% more
3 job openings
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₹30 L/yr - ₹43 L/yr

At par
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Gallagher Vice President Salary

9 - 22 years exp. (5 salaries)

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₹32 L/yr - ₹36.3 L/yr

arrow icon 8% less
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SBI General Insurance Vice President Salary

16 - 20 years exp. (4 salaries)

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₹38 L/yr - ₹94 L/yr

arrow icon 50% more
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₹50 L/yr - ₹51 L/yr

arrow icon 35% more
Vice President salary at ICICI Prudential Life Insurance ranges between ₹27 Lakhs to ₹50 Lakhs per year for employees with experience between 17 years to 23 years. Salary estimates are based on 11 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Vice President

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20 years exp.
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19 years exp.
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17 years exp.
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23 years exp.
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21 years exp.

Experience wise ICICI Prudential Life Insurance Vice President salaries

Last Updated: 12 Mar 2025

Experience Avg Annual Salary
15+ years  (11 salaries)

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₹27 L/yr - ₹50 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

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₹50 L/yr - ₹99 L/yr
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₹22 L/yr - ₹41.25 L/yr
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₹21.1 L/yr - ₹40 L/yr
Director Salary
(AmbitionBox Estimate)
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₹47.5 L/yr - ₹52.5 L/yr
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₹36 L/yr - ₹41 L/yr
Head Operations Salary
(AmbitionBox Estimate)
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₹55.2 L/yr - ₹61 L/yr
Store Manager Salary
(3 salaries)
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₹3 L/yr - ₹11 L/yr
Branch Head Salary
(37 salaries)
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₹5.55 L/yr - ₹15.5 L/yr
Branch Manager Salary
(369 salaries)
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₹6.47 L/yr - ₹18.75 L/yr
Project Manager Salary
(33 salaries)
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₹2.8 L/yr - ₹11.62 L/yr

Top skills at ICICI Prudential Life Insurance for Vice President

Target Achievement Business Strategy Sales Planning Team Handling Interpersonal Skills

Salary related reviews for ICICI Prudential Life Insurance

4.5

Rated by 3 employees for salary & benefits

Sales & Business Development Department

5.0
  •  posted on 19 Aug 2018

2.0
 for  Salary and Benefits

Likes

I would like to take privilage in thanking ICICI Prudential, my bosses and team for the person who I'm today. From a Sales person to marketing person the journey was little tough but it's still a memorable ride which gave lot of opportunity to test my creativity. It believed in my potential and added a bigger responsibility to my shoulder which gave additional power to carry it to next level. It was a day to be remembered. We made a gold mine which is glorifying now.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Salary and Level split. It took me 2 years for reaching to this position but it will take still 8 more years in Ipru for reaching the Level where a normal IIM cat college person is hired and paid. People with passion and potential equal to IIMs are recoganized for the smart work and hard work and extracted work more than what an IIM does but failed to provide a proper pay. HR policy and management need to take a look at it. Instead of placing 3 SMs they can pay 2 SMs or 1 SM who is working well and good - who will take added responsibility and work but they fail to understand this common logic and keep cost cutting with own employees, they know they will get people for less wage - so instead of paying 2 person, they can pay 10 persons. Still old managers following old strategies and not lending ears to follow new strategies. SUPER BOSSES are cool - they mindshare is what required all people at mid level management who came to the position only because of staying in same company for 13 years needs to be eliminated and AVP level people should bring in young and dynamic persons as managers to work under them into play.

read more
  • Salary - Poor

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.

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  • Salary - Excellent
  • +6 more

Dislikes

There is nothing that would make us say we dislike ICICI Prudential LIC LTD...

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.

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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.

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  • Skill development - Bad
  • +3 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.

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  • Skill development - Excellent
  • +4 more

Dislikes

Low salary slow growth

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ICICI Prudential Life Insurance Vice President Salary FAQs

What is the salary of Vice President at ICICI Prudential Life Insurance ?
The average salary of a Vice President at ICICI Prudential Life Insurance in India typically ranges from ₹27.0 Lakhs to ₹50.0 Lakhs per year, depending on experience (from 17 years to 23 years).

The top 10% of Vice President at ICICI Prudential Life Insurance earn more than ₹43.8 Lakhs per year, and the top 1% earn over ₹50.0 Lakhs per year. Vice President 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 10+ ICICI Prudential Life Insurance employees in India.
What is the estimated take home salary of a Vice President at ICICI Prudential Life Insurance in India?
The estimated take-home salary of a Vice President at ICICI Prudential Life Insurance in India typically ranges from ₹2,24,167 to ₹2,33,166 per month. This is based on the average salary range of ₹27.0 Lakhs to ₹50.0 Lakhs per year for employees with experience ranging from 17 years to 23 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 10+ salaries received from various employees of ICICI Prudential Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Vice President at ICICI Prudential Life Insurance ?
To be a Vice President at ICICI Prudential Life Insurance in india, the key skills required include:

  • - Target Achievement
  • - Business Strategy
  • - Sales Planning
  • - Team Handling
  • - Interpersonal Skills

These skills are highly valued at ICICI Prudential Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than ICICI Prudential Life Insurance for Vice President in India?
Tata AIA Life Insurance ₹30.4 Lakhs to ₹97.0 Lakhs per year
Swiss Re ₹29.5 Lakhs to ₹87.0 Lakhs per year
SBI General Insurance ₹38.0 Lakhs to ₹94.0 Lakhs per year
ICICI Lombard General Insurance Company ₹32.1 Lakhs to ₹94.0 Lakhs per year
Bajaj Allianz Life Insurance ₹40.5 Lakhs to ₹73.0 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 Vice President in companies similar to ICICI Prudential Life Insurance in India?
The salary of a Vice President 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:

Star Health & Allied Insurance ₹50.0 Lakhs to ₹51.0 Lakhs per year
HDFC Life ₹26.0 Lakhs to ₹72.0 Lakhs per year
HDFC Ergo General Insurance ₹28.4 Lakhs to ₹65.3 Lakhs per year
Axis Max Life Insurance ₹20.1 Lakhs to ₹70.6 Lakhs per year
SBI Life Insurance Company ₹19.3 Lakhs to ₹62.0 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 Vice President at ICICI Prudential Life Insurance in India?
The salary growth for a Vice President at ICICI Prudential Life Insurance depends on factors such as experience, performance, and promotions. On average, a Vice President can expect the following growth trajectory at ICICI Prudential Life Insurance:

Experience Average Salary Range
15 years ₹27.0 Lakhs to ₹50.0 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Prudential Life Insurance Vice President salary in India ranges between ₹27 Lakhs to ₹50 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.