ICICI Lombard General Insurance Company Area Head Salaries by 10+ Employees

3 - 18 years exp.

₹5 Lakhs - ₹18.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

5% more than the average Area Head Salary in Insurance Companies for 3 - 18 years of experience

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Salaries in different departments

Sales & Business Development Area Head Salary 3 - 18 years exp. (6 salaries)	₹5 L/yr - ₹18.5 L/yr
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Customer Success, Service & Operations Area Head Salary 10 - 14 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹10.5 L/yr

Last Updated: 17 Jul 2024

Companies similar to ICICI Lombard General Insurance Company for Area Head

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Area Head Salary 6 - 17 years exp. (158 salaries)	₹5.4 L/yr - ₹15 L/yr 7% less	1 job opening
HDFC Life Area Head Salary 10 - 20 years exp. (68 salaries)	₹10 L/yr - ₹21 L/yr 42% more
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Bajaj Allianz Life Insurance Area Head Salary 6 - 21 years exp. (20 salaries)	₹5 L/yr - ₹16 L/yr 3% more
Aditya Birla Sun Life Insurance Area Head Salary 13 - 22 years exp. (14 salaries)	₹11.5 L/yr - ₹26 L/yr 84% more
Reliance Nippon Life Insurance Area Head Salary 6 - 18 years exp. (12 salaries)	₹6.6 L/yr - ₹18.5 L/yr 26% more
ICICI Prudential Life Insurance Area Head Salary 4 - 18 years exp. (11 salaries)	₹7.3 L/yr - ₹15.8 L/yr 2% more
Tata AIA Life Insurance Area Head Salary 12 - 14 years exp. (7 salaries)	₹9.1 L/yr - ₹14.7 L/yr 21% more
SBI Life Insurance Company Area Head Salary 6 - 20 years exp. (6 salaries)	₹4.2 L/yr - ₹14.6 L/yr 15% less
Star Health & Allied Insurance Area Head Salary 11 - 24 years exp. (5 salaries)	₹13 L/yr - ₹16.5 L/yr 42% more
Shriram Life Insurance Area Head Salary 7 - 15 years exp. (4 salaries)	₹5.5 L/yr - ₹6.9 L/yr 39% less
Canara HSBC Life Insurance Area Head Salary 4 - 14 years exp. (4 salaries)	₹5.6 L/yr - ₹14 L/yr 12% less
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PNB MetLife Area Head Salary 10 - 13 years exp. (4 salaries)	₹9 L/yr - ₹9.5 L/yr 15% less
Tata AIG Area Head Salary 15 - 16 years exp. (3 salaries)	₹8.9 L/yr - ₹17.2 L/yr 41% more
Reliance General Insurance Area Head Salary 3 - 15 years exp. (3 salaries)	₹6 L/yr - ₹15 L/yr 2% more

Area Head salary at ICICI Lombard General Insurance Company ranges between ₹5 Lakhs to ₹18.5 Lakhs per year for employees with experience between 3 years to 18 years. Salary estimates are based on 11 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Experience wise ICICI Lombard General Insurance Company Area Head salaries

Last Updated: 17 Jul 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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5 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
6 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
7 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
8 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
9 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
10 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
11 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
12 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.7 L/yr
13 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
14 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
15+ years (5 salaries)	₹14 L/yr - ₹18.5 L/yr

View all

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Salary related reviews for ICICI Lombard General Insurance Company

3.8

Rated by 5 employees for salary & benefits

Branch Manager in Haldwani

Full Time

Sales & Business Development Department

2.0

• posted on 08 Jun 2024

4.0

for Salary and Benefits

Likes

Get salary on time,

Salary - Good

+1 more

Dislikes

Toxic behaviour by top management, and HR will not supportive, On every day 4-5 con call , work under pressure , HR will transfer any time any where without prior notice, old employees are permanent दामाद of company, they will not accept new employees.

Job security - Bad

+3 more

Area Manager in Coimbatore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 Mar 2024

2.0

for Salary and Benefits

Likes

Good organization but motor claim department having lot of work load and there is very much biased in ratings and promotion

Dislikes

...year of my carrier I got only one promotion and one good ratings Started with 2.4 lakh and ended with 8 lakhs package per annum

Salary - Poor

+6 more

Area Manager in Bangalore / Bengaluru

Full Time

KRG Department

1.0

• posted on 07 Feb 2022

1.0

for Salary and Benefits

Likes

Pros: Brand name Tech savy High Variable pay (not sure whether we'll get it or not) Cons: No one gives a f*ck about ur issues. No owing of responsibility. Completely tech driven, no human interaction as the system would assign everything. People won't attend calls. Your problem is your problem, none of our Problem. High Pressure to achieve target without top level and ground level support. Except sales no one will work on Saturday.

Dislikes

Salary - Bad
Skill development - Bad

+3 more

Branch Manager in Kolkata

Full Time

Sales Department

4.0

• posted on 01 Jan 2021

5.0

for Salary and Benefits

Likes

Thinking about the future and placing itself in front above other co.

Salary - Excellent

+1 more

Dislikes

Changes in designation, pressure of your package in your job responsibilities are huge, especially in East the culture is not as professional as in other zones.

Job security - Poor

Sales Manager in Chennai

Full Time

Sales & Business Development Department

5.0

• posted on 20 Jan 2022

5.0

for Salary and Benefits

Likes

...agers. And also I find the management is very much transparent to the employers. Company policies are good, appreciation and appraisals are fair and they give good salary hike and bouns every year.

Salary - Excellent

+6 more

Dislikes

I feel work culture towards timings they have to rework ... employee in that company I felt very stretch timings towards work not able to find the timing for my personal life.

see more salary related reviews

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ICICI Lombard General Insurance Company Area Head Salary FAQs

What is the salary of Area Head at ICICI Lombard General Insurance Company ?

The average salary of a Area Head at ICICI Lombard General Insurance Company in India typically ranges from ₹5.0 Lakhs to ₹18.5 Lakhs per year, depending on experience (from 3 years to 18 years).

The top 10% of Area Head at ICICI Lombard General Insurance Company earn more than ₹18.5 Lakhs per year, and the top 1% earn over ₹18.5 Lakhs per year. Area Head 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 10+ ICICI Lombard General Insurance Company employees in India.

What is the estimated take home salary of a Area Head at ICICI Lombard General Insurance Company in India?

The estimated take-home salary of a Area Head at ICICI Lombard General Insurance Company in India typically ranges from ₹77,021 to ₹79,020 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹18.5 Lakhs per year for employees with experience ranging from 3 years to 18 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 10+ salaries received from various employees of ICICI Lombard General Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ICICI Lombard General Insurance Company for Area Head in India?

Aditya Birla Sun Life Insurance	₹11.5 Lakhs to ₹26.0 Lakhs per year
HDFC Life	₹10.0 Lakhs to ₹21.0 Lakhs per year
Star Health & Allied Insurance	₹13.0 Lakhs to ₹16.5 Lakhs per year
Tata AIG	₹8.9 Lakhs to ₹17.2 Lakhs per year
Reliance Nippon Life Insurance	₹6.6 Lakhs to ₹18.5 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 Area Head in companies similar to ICICI Lombard General Insurance Company in India?

The salary of a Area Head 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:

Tata AIA Life Insurance	₹9.1 Lakhs to ₹14.7 Lakhs per year
Bajaj Allianz Life Insurance	₹5.0 Lakhs to ₹16.0 Lakhs per year
Reliance General Insurance	₹6.0 Lakhs to ₹15.0 Lakhs per year
ICICI Prudential Life Insurance	₹7.3 Lakhs to ₹15.8 Lakhs per year
Axis Max Life Insurance	₹5.4 Lakhs to ₹15.0 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 Area Head at ICICI Lombard General Insurance Company in India?

The salary growth for a Area Head at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Area Head can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience	Average Salary Range
3 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
4 years	₹5.0 Lakhs to ₹6.3 Lakhs per year
5 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
6 years	₹6.2 Lakhs to ₹7.9 Lakhs per year

and so on.

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ICICI Lombard General Insurance Company Area Head Salaries

ICICI Lombard General Insurance Company Area Head salary in India ranges between ₹5 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.