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ICICI Lombard General Insurance Company Development Manager salaries in India (Updated 2025)

Annual salary range
0 - 5 years exp.
₹2.8 Lakhs - ₹4.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Development Manager Salary at ICICI Lombard General Insurance Company ranges between ₹2.8 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on... Read more

75% less than the average Development Manager Salary in Insurance Companies for 0 - 5 years of experience

Interested in this particular role? 1 job opening

Last Updated: 29 Jun 2025

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Latest annual salaries shared by ICICI Lombard General Insurance Company Development Manager

2d ago
₹3.2 Lakhs
2 years exp.
2d ago
₹3.5 Lakhs
3 years exp.
3d ago
₹3.1 Lakhs
3 years exp.
6d ago
₹4 Lakhs
2 years exp.
2w ago
₹3 Lakhs
1 year exp.
2w ago
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1 year exp.
3w ago
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1 year exp.
3w ago
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2 years exp.
4w ago
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1 year exp.
1mo ago
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3 years exp.

ICICI Lombard General Insurance Company Development Manager salaries by

Years of experience Avg. annual salary
Fresher  (14 salaries)

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₹3 L/yr - ₹3.6 L/yr
1 year  (10 salaries)

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₹3 L/yr - ₹4 L/yr
2 years  (16 salaries)

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₹3 L/yr - ₹4 L/yr
3 years  (17 salaries)

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₹2.8 L/yr - ₹4.3 L/yr
4 years  (8 salaries)

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₹3 L/yr - ₹4.3 L/yr
View all salaries by experience

Similar Designation Salaries at ICICI Lombard General Insurance Company

Similar Designation Avg. annual salary
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₹21.8 L/yr - ₹39 L/yr

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₹9.2 L/yr - ₹20 L/yr

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₹6 L/yr - ₹23.9 L/yr

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₹8 L/yr - ₹33 L/yr

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₹3 L/yr - ₹7.7 L/yr

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₹14 L/yr - ₹18 L/yr

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₹12 L/yr - ₹22 L/yr

Technical Project Manager Salary
(AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

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₹15.5 L/yr - ₹33 L/yr

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₹8.5 L/yr - ₹14 L/yr

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Top trending discussions

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Salary Discussions, Hike & Promotions
2w
a senior executive
GF salary Vs. My salary
Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!
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Salary related reviews for ICICI Lombard General Insurance Company

3.5

Rated by 24 employees for salary & benefits

Sales & Business Development Department

4.0
  •  updated on 23 Jun 2022

3.0
 for  Salary and Benefits

Likes

It is to good work with India top 10 general insurance company time to time salary work life balance is good Saturday and Sunday off 5Days week work good product of company for customer

read more
  • Work-life balance - Good

Dislikes

Senior never support junior staff not proper training of field only training a theorical to much pressure and harassment of new joined manager not proper training give of company IT system no stable job old employee take position and to much politics

read more
  • Job security - Bad

Marketing & Communication Department

3.0
  •  updated on 13 Oct 2022

1.0
 for  Salary and Benefits

Likes

...place to work for those who are willing to get retired from the particular firm. On time salary. Professional and Straightforward VP.

read more
  • Job security - Excellent

Dislikes

Work culture overall i.e non-responsive HR (Except Mohit Bane), IT team, Bad appraisal process and micro monitoring person AVP who is not even supporting towards the team. Even i will recommend to other peoples don't join in his team you will get exploit, harresed and irritated each and evey working as well as non working hours. There is no value for your efforts, even after showing result oriented work in full proof.

read more
  • Salary - Bad
  • +4 more

Manpower Department

5.0
  •  updated on 20 Dec 2021

5.0
 for  Salary and Benefits

Likes

Good work environment and culture,Company policies are good,appraisals are fair and they give good salary hike and bonus every year

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

read more

Bancassurance Department

3.0
  •  updated on 28 Dec 2020

4.0
 for  Salary and Benefits

Likes

Office ambience. Good pay scale. 5 days work in a week so good work life balance.

read more
  • Salary - Good
  • +2 more

Dislikes

No skill devlopement, career growth is dependent on your relationship with superior, too much process oriented job, travelling is cumbersome if your work in head office.

read more
  • Skill development - Bad
  • +2 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  updated on 28 Apr 2025

5.0
 for  Salary and Benefits

Likes

Salary always get credited on time and also expenses get reviewed by the Accounts team diligently.

read more
  • Salary - Excellent

Dislikes

Manpower is always a concern, Management doesn't welcome new idea to make workload balance, Orthodox mindset comparatively low system knowledge and old time fundamentally driven site

read more
  • Skill development - Poor
  • +5 more
see more salary related reviews

ICICI Lombard General Insurance Company Development Manager Salary FAQs

What is the salary of Development Manager at ICICI Lombard General Insurance Company ?
The average salary of a Development Manager at ICICI Lombard General Insurance Company in India typically ranges from ₹2.8 Lakhs to ₹4.3 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Development Manager at ICICI Lombard General Insurance Company earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Development Manager Salaries at ICICI Lombard General Insurance Company 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 70+ ICICI Lombard General Insurance Company employees in India.
What is the estimated take home salary of a Development Manager at ICICI Lombard General Insurance Company in India?
The estimated take-home salary of a Development Manager at ICICI Lombard General Insurance Company in India typically ranges from ₹24,558 to ₹26,003 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from Fresher to 5 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 70+ salaries received from various employees of ICICI Lombard General Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Development Manager at ICICI Lombard General Insurance Company ?
To be a Development Manager at ICICI Lombard General Insurance Company in india, the key skills required include:

  • - Health Insurance
  • - Sales Management
  • - Sales
  • - Agency Sales
  • - Life Insurance

These skills are highly valued at ICICI Lombard General Insurance Company and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than ICICI Lombard General Insurance Company for Development Manager in India?
First American Corporation ₹37.5 Lakhs to ₹46.0 Lakhs per year
Allstate ₹30.0 Lakhs to ₹35.0 Lakhs per year
Tata AIA Life Insurance ₹4.5 Lakhs to ₹17.0 Lakhs per year
Iffco Tokio General Insurance Co. ₹3.8 Lakhs to ₹6.3 Lakhs per year
Life Insurance Corporation of India ₹3.0 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Lombard General Insurance Company, depending on the role and experience level.
What is the salary of a Development Manager in companies similar to ICICI Lombard General Insurance Company in India?
The salary of a Development Manager at companies similar to ICICI Lombard General Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance ₹3.5 Lakhs to ₹5.0 Lakhs per year
Kotak Mahindara Life Insurance ₹3.2 Lakhs to ₹4.7 Lakhs per year
Star Health & Allied Insurance ₹1.8 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance ₹2.2 Lakhs to ₹5.0 Lakhs per year
Axis Max Life Insurance ₹2.7 Lakhs to ₹5.1 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 Development Manager at ICICI Lombard General Insurance Company in India?
The salary growth for a Development Manager at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Development Manager can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
Fresher ₹3.0 Lakhs to ₹3.6 Lakhs per year
1 year ₹3.0 Lakhs to ₹4.0 Lakhs per year
2 years ₹3.0 Lakhs to ₹4.0 Lakhs per year
3 years ₹2.8 Lakhs to ₹4.3 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Development Manager salary in India ranges between ₹2.8 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 74 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.