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

Annual salary range
2 - 14 years exp.
₹4 Lakhs - ₹12.1 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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48% less than the average Associate Manager Salary in Insurance Companies for 2 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Manager Salary
2 - 14 years exp. (27 salaries)
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₹5.8 L/yr - ₹12.1 L/yr

Sales & Business Development
Associate Manager Salary
2 - 13 years exp. (9 salaries)
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₹4.6 L/yr - ₹10.4 L/yr

Marketing & Communication
Associate Manager Salary
2 - 14 years exp. (3 salaries)
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₹7.9 L/yr - ₹8.3 L/yr

Engineering - Software & QA
Associate Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹8.6 L/yr - ₹9.2 L/yr

Finance & Accounting
Associate Manager Salary
3 - 10 years exp. (AmbitionBox Estimate)
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₹6.8 L/yr - ₹7.2 L/yr

Last Updated: 12 Feb 2025

Companies similar to ICICI Lombard General Insurance Company for Associate Manager

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0 - 12 years exp. (829 salaries)

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₹2.4 L/yr - ₹7 L/yr

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₹2.3 L/yr - ₹6 L/yr

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AXA Business Services Associate Manager Salary

6 - 18 years exp. (142 salaries)

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₹7.6 L/yr - ₹20.7 L/yr

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Allstate Associate Manager Salary

10 - 17 years exp. (126 salaries)

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₹17.3 L/yr - ₹48.6 L/yr

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₹2 L/yr - ₹6 L/yr

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₹3 L/yr - ₹6.3 L/yr

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₹1.9 L/yr - ₹4.8 L/yr

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₹5.1 L/yr - ₹10 L/yr

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₹2.5 L/yr - ₹6.3 L/yr

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₹24 L/yr - ₹40 L/yr

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₹2.7 L/yr - ₹7.3 L/yr

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Gallagher Associate Manager Salary

11 - 12 years exp. (4 salaries)

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₹16 L/yr - ₹22 L/yr

arrow icon 123% more
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₹4.5 L/yr - ₹6.6 L/yr

arrow icon 29% less
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₹3 L/yr - ₹15.1 L/yr

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Tata AIG Associate Manager Salary

0 - 13 years exp. (4 salaries)

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₹2.8 L/yr - ₹7 L/yr

arrow icon 44% less
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PNB MetLife Associate Manager Salary

3 - 9 years exp. (4 salaries)

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₹2.8 L/yr - ₹13 L/yr

arrow icon 16% less
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₹4.3 L/yr - ₹6 L/yr

arrow icon 35% less
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AXA Associate Manager Salary

8 - 10 years exp. (3 salaries)

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₹8.4 L/yr - ₹13.5 L/yr

arrow icon 42% more
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₹2.4 L/yr - ₹7.8 L/yr

arrow icon 29% less
Associate Manager salary at ICICI Lombard General Insurance Company ranges between ₹4 Lakhs to ₹12.1 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 46 latest salaries received from various employees of ICICI Lombard General Insurance Company.

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

1mo ago
₹2.8 Lakhs
5 years exp.
1y ago
₹9.1 Lakhs
8 years exp.
1y ago
₹6.1 Lakhs
5 years exp.
1y ago
₹10.4 Lakhs
12 years exp.
1y ago
₹6.1 Lakhs
2 years exp.
1y ago
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10 years exp.
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5 years exp.
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11 years exp.
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10 years exp.
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3 years exp.

Experience wise ICICI Lombard General Insurance Company Associate Manager salaries

Last Updated: 12 Feb 2025

Experience Avg Annual Salary
2 years  (6 salaries)

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₹6.1 L/yr - ₹8.8 L/yr
3 years  (4 salaries)

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₹7.2 L/yr - ₹10 L/yr
4 years  (5 salaries)

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₹3.2 L/yr - ₹12.1 L/yr
5 years  (7 salaries)

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₹3.5 L/yr - ₹10.7 L/yr
6 years  (3 salaries)

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₹7.5 L/yr - ₹9.2 L/yr
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ICICI Lombard General Insurance Company Associate Manager Salary and Career Growth

From

To

Associate Manager

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2 - 14 years exp.

Chief Manager

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3 - 19 years exp.

Associate Manager 2 - 14 years exp.
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Senior Manager 0 - 18 years exp.
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arrow icon 19% hike
    Chief Manager 3 - 19 years exp.
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    arrow icon 68% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in ICICI Lombard General Insurance Company

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    (3 salaries)
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    ₹20 L/yr - ₹21 L/yr
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    (AmbitionBox Estimate)
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    ₹12.8 L/yr - ₹16.3 L/yr
    Team Lead Salary
    (126 salaries)
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    ₹3 L/yr - ₹6.5 L/yr

    Salary related reviews for ICICI Lombard General Insurance Company

    4.9

    Rated by 3 employees for salary & benefits

    Full Time

     · 

    Engineering - Software & QA Department

    4.0
      •  posted on 25 Mar 2025

    3.0
     for  Salary and Benefits

    Likes

    There is several departments, i was working in ( CRT Department ), i had good experience at icici Lombard, if you are completing your on time so no one will force you for OT, if you want leave so you will have to inform few days back to your reporting person and your leave will be approved, we had office outing also, i had been there for 1 year i haven't felt any office politics.

    read more
    • Job security - Excellent
    • +4 more

    Dislikes

    Less salary IJP after 18 months No gift or sweet in diwali Less salary hike

    read more

    Full Time

     · 

    Customer Success, Service & Operations Department

    4.0
      •  posted on 02 Feb 2025

    4.0
     for  Salary and Benefits

    Likes

    Salary received on time no delays. Leaves system was also as per the requirements

    read more
    • Salary - Good
    • +3 more

    Dislikes

    Breaks are not appropriate I have medical issues like over active bladder I need to go to washroom frequently between one two hours but there is no break just you have to take permissions for that also break schedule not good

    read more

    Full Time

     · 

    Administration & Facilities Department

    3.0
      •  posted on 19 Jan 2025

    2.0
     for  Salary and Benefits

    Likes

    I had good co- workers with me. Friendly Team leader. That was the best part in my department.

    Dislikes

    ...y. The TL and management will make your life hell. Even they call you on Sunday. With no extra pay.No work life balance at all.

    read more
    • Salary - Poor
    • +3 more

    Full Time

     · 

    Sales & Business Development Department

    2.0
      •  posted on 23 Dec 2024

    3.0
     for  Salary and Benefits

    Likes

    Nothing as such, only u got salary on time

    • Job security - Good

    Dislikes

    Everything is worth from the top level to bottom level no one is supportive even HR's only listen to top level like your manager you are reporting to ... No appraisal no hike nothing specially for campus hire.. If you r fresher so definitely you will get 5 rating and no hike ,even you did too good in terms of business... No one will listen your point , top level is always right here

    read more
    • Skill development - Poor
    • +4 more

    Full Time

     · 

    Other Department

    5.0
      •  posted on 22 Nov 2024

    2.0
     for  Salary and Benefits

    Likes

    Coordinates between the people

    • Job security - Good
    • +1 more

    Dislikes

    ... the time of final scour means there is something is going to wrong internally . New joining people and we are not eligible for the bonus and incentives

    read more
    • Salary - Poor
    see more salary related reviews

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    What people are saying about ICICI Lombard General Insurance Company

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    ICICI Lombard General Insurance Company Associate Manager Salary FAQs

    What is the salary of Associate Manager at ICICI Lombard General Insurance Company ?
    The average salary of a Associate Manager at ICICI Lombard General Insurance Company in India typically ranges from ₹4.0 Lakhs to ₹12.1 Lakhs per year, depending on experience (from 2 years to 14 years).

    The top 10% of Associate Manager at ICICI Lombard General Insurance Company earn more than ₹9.8 Lakhs per year, and the top 1% earn over ₹12.1 Lakhs per year. Associate 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 40+ ICICI Lombard General Insurance Company employees in India.
    What is the estimated take home salary of a Associate Manager at ICICI Lombard General Insurance Company in India?
    The estimated take-home salary of a Associate Manager at ICICI Lombard General Insurance Company in India typically ranges from ₹59,751 to ₹61,261 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹12.1 Lakhs per year for employees with experience ranging from 2 years to 14 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 40+ 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 Associate Manager in India?
    Allstate ₹17.3 Lakhs to ₹48.6 Lakhs per year
    First American Corporation ₹24.0 Lakhs to ₹40.0 Lakhs per year
    Gallagher ₹16.0 Lakhs to ₹22.0 Lakhs per year
    AXA Business Services ₹7.6 Lakhs to ₹20.7 Lakhs per year
    AXA ₹8.4 Lakhs to ₹13.5 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 Associate Manager in companies similar to ICICI Lombard General Insurance Company in India?
    The salary of a Associate 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 ₹5.1 Lakhs to ₹10.0 Lakhs per year
    PNB MetLife ₹2.8 Lakhs to ₹13.0 Lakhs per year
    Canara HSBC Life Insurance ₹3.0 Lakhs to ₹15.1 Lakhs per year
    Star Health & Allied Insurance ₹2.4 Lakhs to ₹7.8 Lakhs per year
    SBI General Insurance ₹4.5 Lakhs to ₹6.6 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 Associate Manager at ICICI Lombard General Insurance Company in India?
    The salary growth for a Associate Manager at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Associate Manager can expect the following growth trajectory at ICICI Lombard General Insurance Company:

    Experience Average Salary Range
    2 years ₹6.1 Lakhs to ₹8.8 Lakhs per year
    3 years ₹7.2 Lakhs to ₹10.0 Lakhs per year
    4 years ₹3.2 Lakhs to ₹12.1 Lakhs per year
    5 years ₹3.5 Lakhs to ₹10.7 Lakhs per year
    and so on.

    Tell us how to improve this page.

    ICICI Lombard General Insurance Company Associate Manager salary in India ranges between ₹4 Lakhs to ₹12.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 46 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.