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4.1

based on 6k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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ICICI Prudential Life Insurance Management Trainee Salaries in India

based on 323 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
0 - 2 years exp. (335 salaries)
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₹4.5 L/yr - ₹9.6 L/yr

0 - 8 years exp. (50 salaries)
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₹2.5 L/yr - ₹7 L/yr

0 - 1 year exp. (49 salaries)
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₹2.6 L/yr - ₹4.5 L/yr

1 - 10 years exp. (48 salaries)
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₹5.1 L/yr - ₹7.5 L/yr

0 - 6 years exp. (46 salaries)
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₹1.8 L/yr - ₹4.3 L/yr

5 - 16 years exp. (45 salaries)
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₹6 L/yr - ₹15.5 L/yr

0 - 9 years exp. (44 salaries)
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₹4.1 L/yr - ₹5.8 L/yr

0 - 11 years exp. (43 salaries)
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₹4 L/yr - ₹5.8 L/yr

2 - 6 years exp. (43 salaries)
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₹2.9 L/yr - ₹6.5 L/yr

9 - 24 years exp. (40 salaries)
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₹21 L/yr - ₹37 L/yr

1 - 8 years exp. (39 salaries)
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₹18 L/yr - ₹30 L/yr

0 - 5 years exp. (39 salaries)
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₹3.7 L/yr - ₹6 L/yr

0 - 9 years exp. (39 salaries)
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₹2.2 L/yr - ₹6.5 L/yr

2 - 12 years exp. (39 salaries)
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₹2.2 L/yr - ₹9 L/yr

0 - 5 years exp. (39 salaries)
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₹3 L/yr - ₹12 L/yr

1 - 6 years exp. (38 salaries)
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₹2.8 L/yr - ₹11.4 L/yr

0 - 6 years exp. (38 salaries)
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₹2.3 L/yr - ₹6 L/yr

0 - 6 years exp. (37 salaries)
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₹6.7 L/yr - ₹21 L/yr

0 - 7 years exp. (33 salaries)
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₹2.1 L/yr - ₹6.5 L/yr

5 - 19 years exp. (33 salaries)
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₹6.1 L/yr - ₹17 L/yr

0 - 5 years exp. (33 salaries)
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₹2.2 L/yr - ₹3.8 L/yr

Last Updated: 18 Mar, 2024

Salary related reviews for ICICI Prudential Life Insurance

3.3

Rated by 55 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 08 Feb 2023

1.0
 for  Salary and Benefits

Likes

Salary is decent, but lesser than offered by MNCs and Startups. Good support for freshers.

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Dislikes

Management Trainee profile is highly sales oriented, nothing else. You'll be made to travel on a bike, visit multiple people on a daily basis and sell insurance products. The company will promise, but never gives any food/ travel/ fuel reimbursements. The IT infrastructure is pathetic. Laptops given to employee hang a lot and are difficult to work on. The colleagues and peers are average. You would rarely come across people from good management institutes working here. There is no "Real skill" development other than communication skill. The company will train you but only to sell products, nothing else. Work life balance is pathetic, and we're often asked to work on weekends. Leaves are rarely approved. The work culture is aggressive, and manager shout and abuse their subordinates. The HR will not help you either, but only support the manager. The attrition rate is very high among the Front line staff/Business Trainee/ Management Trainee. Almost 70% people leave within 1 year and switch to MNCs/ Startups for better work culture, pay and respect. Everyday it feels like the company is going through a financial crisis. They lack money to maintain basic office infrastructure and spend on employee welfare. No Diwali gifts or office lunches. The company is losing market share to HDFC Life. Except for Term Insurance, all other products are a SCAM. It's not ethical to work here. Sooner or later customer will abuse you for misleading and fraud. Avoid ICICI Prudential. Don't ruin your career.

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Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 19 Jan 2023

1.0
 for  Salary and Benefits

Likes

Job security, Support for freshers

Dislikes

Low salary, Low increment, Minimal learning, Highly sales oriented job, Abusive managers, Pressure, 6 days a week working, No gifts, No reimbursement, High degree of misselling of products to achieve sales target

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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.

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Marketing & Communication Department

1.0
  •  posted on 26 Mar 2021

2.0
 for  Salary and Benefits

Likes

- Allowances are good. - Salary comes on time.

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

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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.!!☺️

read 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 Salary FAQs

How much does ICICI Prudential Life Insurance pay per year?
The average ICICI Prudential Life Insurance salary ranges from approximately ₹0.5 Lakh to ₹1.2 Lakh per year for a Operations Coordinator and ₹50 Lakhs to ₹99 Lakhs per year for a Senior Vice President. Salary estimates are based on 323 ICICI Prudential Life Insurance salaries received from various employees of ICICI Prudential Life Insurance. ICICI Prudential Life Insurance employees rate the overall salary and benefits package 3.3/5 stars.
What is the highest salary in ICICI Prudential Life Insurance?
The highest-paying job at ICICI Prudential Life Insurance is a Senior Vice President with a salary of ₹50 Lakhs to ₹99 Lakhs per year. The top 10% of employees earn more than ₹12 lakhs per year. The top 1% earn more than a whopping ₹28 lakhs per year.
What is the minimum salary in ICICI Prudential Life Insurance?
Minimum salary at ICICI Prudential Life Insurance depends on the role you are applying for. For Unit Manager the minimum salary is ₹1.7 Lakh to ₹4.5 Lakhs per year, and for Financial Service Consultant the minimum salary is ₹1.5 Lakh to ₹5.5 Lakhs per year and so on.
What is the salary package for freshers in ICICI Prudential Life Insurance?
The average salary at ICICI Prudential Life Insurance for freshers varies from ₹1.2 Lakh to ₹2.4 Lakhs per year for Customer Care Executive and ₹11 Lakhs to ₹17 Lakhs per year for Business Associate.
What is the notice period for Management Trainee at ICICI Prudential Life Insurance?
According to AmbitionBox, 42% of the ICICI Prudential Life Insurance Management Trainees reported a notice period of 1 Month, 32% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 194 responses on AmbitionBox in last 2 years.

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Average annual salary for Management Trainee in ICICI Prudential Life Insurance is INRunlock blur . Salary estimates are based on 323 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

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