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ICICI Prudential Life Insurance Branch Manager Salaries in India (Updated 2025)

based on 332 latest salaries
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BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs
3 - 18 years exp. (421 salaries)
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₹6.5 L/yr - ₹18.8 L/yr

0 - 12 years exp. (958 salaries)
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₹2.5 L/yr - ₹11 L/yr

26 job openings
1 - 17 years exp. (376 salaries)
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₹5.8 L/yr - ₹13.2 L/yr

34 job openings
0 - 7 years exp. (336 salaries)
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₹1.9 L/yr - ₹7.8 L/yr

1 - 12 years exp. (133 salaries)
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₹4.7 L/yr - ₹16.2 L/yr

9 - 22 years exp. (72 salaries)
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₹14.5 L/yr - ₹40 L/yr

0 - 7 years exp. (53 salaries)
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₹2.3 L/yr - ₹8 L/yr

1 - 15 years exp. (43 salaries)
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₹1.5 L/yr - ₹7.5 L/yr

0 - 6 years exp. (43 salaries)
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₹1.8 L/yr - ₹4.3 L/yr

9 - 18 years exp. (37 salaries)
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₹5.6 L/yr - ₹15.5 L/yr

0 - 10 years exp. (33 salaries)
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₹3.3 L/yr - ₹8.1 L/yr

5 - 18 years exp. (31 salaries)
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₹6.1 L/yr - ₹17.5 L/yr

10 - 18 years exp. (29 salaries)
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₹10 L/yr - ₹16 L/yr

4 - 10 years exp. (25 salaries)
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₹3 L/yr - ₹6 L/yr

4 - 18 years exp. (11 salaries)
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₹7.3 L/yr - ₹15.8 L/yr

0 - 12 years exp. (9 salaries)
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₹4.8 L/yr - ₹11.8 L/yr

4 - 11 years exp. (6 salaries)
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₹3.2 L/yr - ₹5 L/yr

0 - 11 years exp. (5 salaries)
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₹2.9 L/yr - ₹6 L/yr

7 - 9 years exp. (4 salaries)
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₹5.5 L/yr - ₹6.2 L/yr

0 - 2 years exp. (3 salaries)
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₹2.6 L/yr - ₹8 L/yr

0 - 6 years exp. (1.6k salaries)
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₹1.7 L/yr - ₹4.8 L/yr

2 job openings

Last Updated: 4 Jan, 2025

Salary related reviews for ICICI Prudential Life Insurance

4.3

Rated by 119 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

 · 

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.

read more
  • Salary - Bad
  • +6 more

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 .

read more
  • Promotions - Poor
  • +1 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
  • Salary - Excellent
  • +6 more

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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Average annual salary for Branch Manager in ICICI Prudential Life Insurance is INRunlock blur . Salary estimates are based on 300+ ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

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