ICICI Prudential Life Insurance Vice President (VP) Salaries by 5 Employees

10 - 17 years exp.

₹35 Lakhs - ₹70 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% more than the average Vice President (VP) Salary in Insurance Companies for 10 - 17 years of experience

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Last Updated: 26 Nov 2022

Companies similar to ICICI Prudential Life Insurance for Vice President (VP)

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Vice President (VP) Salary null years exp. (7 salaries)	₹25 L/yr - ₹67 L/yr 5% less
Swiss Re Vice President (VP) Salary 7 - 12 years exp. (6 salaries)	₹24 L/yr - ₹52.5 L/yr 28% less
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HDFC Ergo General Insurance Vice President (VP) Salary 5 - 17 years exp. (4 salaries)	₹22 L/yr - ₹45 L/yr 39% less
HDFC Life Vice President (VP) Salary 12 - 16 years exp. (4 salaries)	₹19.5 L/yr - ₹51 L/yr 34% less
Tata AIA Life Insurance Vice President (VP) Salary 15 years exp. (3 salaries)	₹32 L/yr - ₹90 L/yr 35% more
SBI Life Insurance Company Vice President (VP) Salary 14 - 16 years exp. (3 salaries)	₹22 L/yr - ₹35 L/yr 46% less

Vice President (VP) salary at ICICI Prudential Life Insurance ranges between ₹35 Lakhs to ₹70 Lakhs per year for employees with experience between 10 years to 17 years. Salary estimates are based on 5 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Vice President (VP) salaries

Last Updated: 26 Nov 2022

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹25 L/yr - ₹70 L/yr
11 years (AmbitionBox Estimate)	₹56.6 L/yr - ₹62.5 L/yr
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12 years (AmbitionBox Estimate)	₹50 L/yr - ₹1 Cr/yr
13 years (AmbitionBox Estimate)	₹51 L/yr - ₹56.4 L/yr
14 years (AmbitionBox Estimate)	₹48.3 L/yr - ₹53.4 L/yr
15+ years (3 salaries)	₹35 L/yr - ₹51 L/yr

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Salary related reviews for ICICI Prudential Life Insurance

Senior Financial Service Manager in Lucknow

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.

Salary - Excellent

+6 more

Dislikes

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

Financial Service Consultant in Salem

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.

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.

Skill development - Bad

+3 more

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

Agency Manager in Goa

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.

Skill development - Excellent

+4 more

Dislikes

Low salary slow growth

Unit Sales Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 04 Dec 2024

4.0

for Salary and Benefits

Likes

...own brand so it's easy to deal with clients. 2nd competitively amazing products. 3rd salary payouts are always on time. 4th presure for growth is remarkably high.

Salary - Good

+1 more

Dislikes

1st Very High Sales Pressure!! 2nd incentives playmates are very delayed. 3rd less work-life balance, sometimes you have to attend meetings on Sunday & have meet client on weekends also. 4th you have to be lucky enough to get a supportive BM & RM. Otherwise you'll end up resigning with in 6-12 mouth. 5th if you have hard-core sales mindset & have good networking skills then you could stay at ipru & grow. Otherwise you'll get Frustrated very soon.

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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ICICI Prudential Life Insurance Vice President (VP) Salary FAQs

What is the salary of Vice President (VP) at ICICI Prudential Life Insurance ?

The average salary of a Vice President (VP) at ICICI Prudential Life Insurance in India typically ranges from ₹35.0 Lakhs to ₹70.0 Lakhs per year, depending on experience (from 10 years to 17 years).

The top 10% of Vice President (VP) at ICICI Prudential Life Insurance earn more than ₹70.0 Lakhs per year, and the top 1% earn over ₹70.0 Lakhs per year. Vice President (VP) 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 Vice President (VP) at ICICI Prudential Life Insurance in India?

The estimated take-home salary of a Vice President (VP) at ICICI Prudential Life Insurance in India typically ranges from ₹3,04,651 to ₹3,16,418 per month. This is based on the average salary range of ₹35.0 Lakhs to ₹70.0 Lakhs per year for employees with experience ranging from 10 years to 17 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 Vice President (VP) in India?

Tata AIA Life Insurance

₹32.0 Lakhs to ₹90.0 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 (VP) in companies similar to ICICI Prudential Life Insurance in India?

The salary of a Vice President (VP) 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	₹25.0 Lakhs to ₹67.0 Lakhs per year
Swiss Re	₹24.0 Lakhs to ₹52.5 Lakhs per year
HDFC Life	₹19.5 Lakhs to ₹51.0 Lakhs per year
HDFC Ergo General Insurance	₹22.0 Lakhs to ₹45.0 Lakhs per year
SBI Life Insurance Company	₹22.0 Lakhs to ₹35.0 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 (VP) at ICICI Prudential Life Insurance in India?

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

Experience	Average Salary Range
10 years	₹25.0 Lakhs to ₹70.0 Lakhs per year
11 years	₹56.6 Lakhs to ₹62.5 Lakhs per year
12 years	₹50.0 Lakhs to ₹101.9 Lakhs per year
13 years	₹51.0 Lakhs to ₹56.4 Lakhs per year

and so on.

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ICICI Prudential Life Insurance Vice President (VP) Salaries

ICICI Prudential Life Insurance Vice President (VP) salary in India ranges between ₹35 Lakhs to ₹70 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.

ICICI Prudential Life Insurance Vice President (VP) salaries in India

Companies similar to ICICI Prudential Life Insurance for Vice President (VP)

Experience wise ICICI Prudential Life Insurance Vice President (VP) salaries

Salary related reviews for ICICI Prudential Life Insurance

Senior Financial Service Manager in Lucknow

Financial Service Consultant in Salem

Senior Associate in Mumbai

Agency Manager in Goa

Unit Sales Manager in Kolkata

ICICI Prudential Life Insurance Vice President (VP) Salary FAQs

Tell us how to improve this page.