ICICI Lombard General Insurance Company

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3.8

based on 3.6k Reviews

HQ - Mumbai, Maharashtra, India Insurance 10k-50k Employees (India) Financial Services Public
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ICICI Lombard General Insurance Company Salaries in India

based on 15.8k latest salaries

3.5

Rated by 3.6k Employees for salary and benefits

Top Departments at ICICI Lombard General Insurance Company
Designation Average Salary
Yearly arrow-down

Unit Sales Manager

Experience: 0 - 13 yrs (2.6k Salaries)
₹ 5,43,251/year

(₹2.1L/yr - ₹8.2L/yr)

Sales Manager

Experience: 0 - 14 yrs (649 Salaries)
₹ 6,85,760/year

(₹3.1L/yr - ₹11.5L/yr)

Customer Service Manager

Experience: 0 - 12 yrs (571 Salaries)
₹ 4,43,023/year

(₹1.7L/yr - ₹9.0L/yr)

Customer Relationship Manager

Experience: 0 - 6 yrs (479 Salaries)
₹ 2,73,530/year

(₹1.5L/yr - ₹4.2L/yr)

Chief Manager

Experience: 3 - 18 yrs (320 Salaries)
₹ 15,38,717/year

(₹9.5L/yr - ₹21.0L/yr)

Product Manager

Experience: 0 - 8 yrs (308 Salaries)
₹ 13,89,246/year

(₹6.0L/yr - ₹23.0L/yr)

Operations Manager

Experience: 2 - 11 yrs (294 Salaries)
₹ 3,96,926/year

(₹1.5L/yr - ₹7.1L/yr)

Relationship Manager

Experience: 0 - 12 yrs (254 Salaries)
₹ 4,67,005/year

(₹2.0L/yr - ₹9.5L/yr)

Associate Vice President

Experience: 8 - 20 yrs (234 Salaries)
₹ 23,41,117/year

(₹14.0L/yr - ₹34.0L/yr)

Senior Relationship Manager

Experience: 3 - 13 yrs (217 Salaries)
₹ 5,74,771/year

(₹3.1L/yr - ₹7.4L/yr)

Last Updated: 10 Dec, 2023

ICICI Lombard General Insurance Company Salary FAQs

How much does ICICI Lombard General Insurance Company pay per year?
The average ICICI Lombard General Insurance Company salary ranges from approximately ₹0.9 Lakhs per year for a Receptionist to ₹73.8 Lakhs per year for a Senior Vice President. Salary estimates are based on 15.8k ICICI Lombard General Insurance Company salaries received from various employees of ICICI Lombard General Insurance Company. ICICI Lombard General Insurance Company employees rate the overall salary and benefits package 3.5/5 stars.
What is the highest salary in ICICI Lombard General Insurance Company?
The highest-paying job at ICICI Lombard General Insurance Company is a Senior Vice President with a salary of ₹73.8 Lakhs per year. The top 10% of employees earn more than ₹13 lakhs per year. The top 1% earn more than a whopping ₹31.98 lakhs per year.
What is the minimum salary in ICICI Lombard General Insurance Company?
Minimum salary at ICICI Lombard General Insurance Company depends on the role you are applying for. For Customer Relationship Manager the minimum salary is ₹2.7 Lakhs per year, for Operations Manager the minimum salary is ₹4.0 Lakhs per year and so on.
What is the salary package for freshers in ICICI Lombard General Insurance Company?
The average salary at ICICI Lombard General Insurance Company for freshers varies from ₹0.8 Lakhs per year for Tele Caller to ₹12.3 Lakhs per year for Actuarial Analyst. View Fresher Salaries at ICICI Lombard General Insurance Company
What is the notice period at ICICI Lombard General Insurance Company?
According to AmbitionBox, 48% of the ICICI Lombard General Insurance Company employees reported a notice period of 3 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 11.8k responses on AmbitionBox in last 2 years.

Reviews which talk about salary at ICICI Lombard General Insurance Company

Unit Sales Manager (key Relations Group) in Mumbai

Full Time

 · 

General Insurance Department

5.0
posted on 29 Nov 2023

5.0 for Salary and Benefits

Likes

Timing is flexible. Salary hike is good their based on rating. Work life balance is good Managers will not torture in terms of business.

Dislikes

Politics on field RMS Promotion is based on super bosses not on performance. Internal business cheating is there. Incentives criteria is not their Disgusting contests... Travel convenience not approved by manager if you achieved the target. Because of Ego and Arrogance. Managers showing to management we are saving cost of company. HR is not taking phone calls nor replying mails on time. They are not taking self decision as per companies policy. They internally connect with your bosses and managers. They will not listen you that time they will only listen to your manager at the time of any problem.

Work Details

Work days: Monday to Friday (Flexible Timings)

Training Manager in Navi Mumbai, Maharashtra

Full Time

 · 

Corporate Training Department

4.0
posted on 22 Nov 2023

3.0 for Salary and Benefits

Likes

I have been working in ICICI Lombard since 5 years, i was a performer hence promoted after 1 & half years as a training manager, it is lombard's work culture & company benefits that i am still with the company.

Dislikes

The compay pramotes you, however expect you to work with the earlier salary. The company gives you a higher designation on your performance however doesn't pay that much. with the promotion, job responsiblity gets incresed but that doesn't increase your salary.

Work Details

Work days: Monday to Saturday (Strict Timings)

Associate Agency Development Manager in Kanpur

Full Time

 · 

BD / Pre Sales Department

1.0
posted on 01 Nov 2023

1.0 for Salary and Benefits

Likes

There was nothing to like there.

Dislikes

They don't give balance salary if you leave the organisation. They make you work for them free for 45 days. Incentives are not given. Fake people and fake support is given. Never work there and if working take their laptops and run away.

Work Details

Work timings: Flexible Timings

Management Trainee in Vadodara, Gujarat

Full Time

 · 

Enterprise & B2B Sales Department

2.0
posted on 11 Oct 2023

1.0 for Salary and Benefits

Likes

Only thing good is the brand name and time to time salary

Dislikes

Bad managers, no work life balance, we used to work late till 1am almost everyday. I had horrible manager and super manager. Too much of hierarchy and no one used to help or support. People were so arrogant that they would bully and not teach anything to the new joinees.

Work Details

Work policy: Hybrid on requirement basis

Work days: Monday to Friday (Strict Timings)

Chief Manager in Mumbai

Full Time

 · 

General Insurance Department

3.0
posted on 04 Oct 2023

4.0 for Salary and Benefits

Likes

The company is extremely customer-friendly and open to accept new technology. The amount of efforts put in creating better customer experience is superb.

Dislikes

When it comes to appraisals and salary increments, it is not transparent. They have a poor appraisal system and it is heavily partial.

Work Details

Work timings: Strict Timings

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Average annual salary in ICICI Lombard General Insurance Company is INR 7.2 lakhs . Salary estimates are based on 15.8k ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.