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4.1

based on 6k Reviews

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ICICI Prudential Life Insurance Manager Salaries in India

based on 358 latest salaries
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Designation Avg Annual Salary Open Jobs
1 - 13 years exp. (279 salaries)
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₹3.5 L/yr - ₹12.2 L/yr

1 - 10 years exp. (587 salaries)
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₹3.3 L/yr - ₹6.8 L/yr

0 - 9 years exp. (554 salaries)
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₹4 L/yr - ₹6.3 L/yr

0 - 4 years exp. (538 salaries)
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₹3.5 L/yr - ₹6.3 L/yr

0 - 7 years exp. (368 salaries)
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₹2 L/yr - ₹4.9 L/yr

1 - 17 years exp. (366 salaries)
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₹5.8 L/yr - ₹13.1 L/yr

0 - 7 years exp. (325 salaries)
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₹1.9 L/yr - ₹8 L/yr

2 - 8 years exp. (280 salaries)
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₹2.5 L/yr - ₹5.2 L/yr

0 - 9 years exp. (274 salaries)
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₹3.8 L/yr - ₹6 L/yr

7 - 18 years exp. (234 salaries)
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₹6.3 L/yr - ₹18 L/yr

0 - 5 years exp. (227 salaries)
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₹2 L/yr - ₹4.2 L/yr

1 - 10 years exp. (220 salaries)
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₹3.5 L/yr - ₹8 L/yr

4 - 21 years exp. (203 salaries)
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₹11.2 L/yr - ₹27.2 L/yr

0 - 4 years exp. (170 salaries)
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₹1.5 L/yr - ₹5 L/yr

0 - 5 years exp. (170 salaries)
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₹2.2 L/yr - ₹6.5 L/yr

0 - 5 years exp. (168 salaries)
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₹2.2 L/yr - ₹4.8 L/yr

0 - 7 years exp. (165 salaries)
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₹1.1 L/yr - ₹6.1 L/yr

0 - 8 years exp. (157 salaries)
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₹2.5 L/yr - ₹5.3 L/yr

1 - 12 years exp. (554 salaries)
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₹3 L/yr - ₹7.1 L/yr

0 - 15 years exp. (522 salaries)
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₹11 L/yr - ₹28 L/yr

0 - 6 years exp. (278 salaries)
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₹1.8 L/yr - ₹4.4 L/yr

Last Updated: 18 Dec, 2024

Salary related reviews for ICICI Prudential Life Insurance

3.6

Rated by 44 employees for salary & benefits

Full Time

 · 

Other Department

3.0
  •  posted on 19 Sep 2023

2.0
 for  Salary and Benefits

Likes

It's a university of insurance People learn from Here and become leaders /CEOs of other life insurance leading brands

Dislikes

It's a low pay master, it make people learn but unable to make them work for iPru People only with sound financial background can plan retirement from iPru, rest from financial and promotional growth people opt for Job switch I start my day in office at 9 AM and stay in office till 11 PM

read more

Operations Department

4.0
  •  posted on 26 Feb 2020

2.0
 for  Salary and Benefits

Likes

...el of empowerment of employees which enables them to take and own the decisions. Compensation and benefits are average, nothing great to comment on it. Overall a great company to start your career.

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Dislikes

Can get quite taxing for few departments. Not everyone is open to be aggressive.

Financial analysis and business planning Department

4.0
  •  posted on 29 Dec 2018

3.0
 for  Salary and Benefits

Likes

ICICI Prudential provides an opportunity to work with the best in the industry. The Co. is focused on innovation, personal development and being competitive in every aspect. This leads to great learning and growth opportunities for employees.

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Dislikes

They are not the best pay masters in the industry but that is a small price to pay for working with the best of industry professionals.

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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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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 358 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 3.6/5 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 Manager at ICICI Prudential Life Insurance?
According to AmbitionBox, 49% of the ICICI Prudential Life Insurance Managers reported a notice period of 2 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 237 responses on AmbitionBox in last 2 years.

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Average annual salary for Manager in ICICI Prudential Life Insurance is INRunlock blur . Salary estimates are based on 358 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.

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