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ICICI Lombard General Insurance Company Associate Vice President Operations salaries in India (Updated 2025)

Annual salary range
14 - 22 years exp.
₹15.8 Lakhs - ₹24.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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28% less than the average Associate Vice President Operations Salary in Insurance Companies for 14 - 22 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Associate Vice President Operations Salary
17 - 19 years exp. (3 salaries)
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₹20 L/yr - ₹22.7 L/yr

BFSI, Investments & Trading
Associate Vice President Operations Salary
18 - 22 years exp. (AmbitionBox Estimate)
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₹15.8 L/yr - ₹20.4 L/yr

Last Updated: 10 Feb 2025

Companies similar to ICICI Lombard General Insurance Company for Associate Vice President Operations

Company name Avg Annual Salary Open Jobs
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₹17 L/yr - ₹25 L/yr

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₹32 L/yr - ₹38 L/yr

arrow icon 81% more
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₹15.4 L/yr - ₹36 L/yr

arrow icon 47% more
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₹25 L/yr - ₹34 L/yr

arrow icon 50% more
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₹17 L/yr - ₹22 L/yr

arrow icon 4% more
Associate Vice President Operations salary at ICICI Lombard General Insurance Company ranges between ₹15.8 Lakhs to ₹24.3 Lakhs per year for employees with experience between 14 years to 22 years. Salary estimates are based on 6 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company Associate Vice President Operations

3d ago
₹20 Lakhs
17 years exp.
1y ago
₹22.7 Lakhs
19 years exp.
1y ago
₹15.8 Lakhs
22 years exp.
1y ago
₹22.7 Lakhs
18 years exp.
1y ago
₹20.4 Lakhs
18 years exp.

Experience wise ICICI Lombard General Insurance Company Associate Vice President Operations salaries

Last Updated: 10 Feb 2025

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹24.3 L/yr
15+ years  (5 salaries)

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₹15.8 L/yr - ₹22.7 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

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₹21.6 L/yr - ₹27.6 L/yr
Vice President Operations Salary
(AmbitionBox Estimate)
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₹38.6 L/yr - ₹49.3 L/yr
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₹14 L/yr - ₹38 L/yr
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₹14.2 L/yr - ₹31 L/yr
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₹34 L/yr - ₹95 L/yr
General Manager Operations Salary
(AmbitionBox Estimate)
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₹7.1 L/yr - ₹9.1 L/yr
Head Operations Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
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₹6.15 L/yr - ₹12 L/yr
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₹0.95 L/yr - ₹4.5 L/yr
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₹1.8 L/yr - ₹8 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

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.

read more
  • Job security - Bad
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 21 Sep 2023

1.0
 for  Salary and Benefits

Likes

Job security. They didn't fire anyone

  • Job security - Excellent

Dislikes

Very less salary If you work hard they will never appreciate you Sales team involvement infact manger did not take stand for there employees. They only blames you. Work load is to high you will be doing 2 persons work at 1 person salary. Work culture is very bad.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 03 Apr 2023

2.0
 for  Salary and Benefits

Likes

Job security and few HR policies now those are outdated. Nothing much other than job security.

  • Job security - Good

Dislikes

... year rather than thinking about team requirements. Should work on all weekends. No extra pay for overtime. Band 1 people come and say that they are going to implement overtime allowances but it's almost 2 years now but no such action taken. No internal job movements as they are scared to move resources for loss of track and no skill improvement programs. You would do same kind of job for years and they never reply to complaints.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 24 Jun 2023

4.0
 for  Salary and Benefits

Likes

IL is company where you get freedom to work and explore. The management and line managers belive in the employee to go out of box and get the things done. Also there work life balance which is very important.

read more
  • Salary - Good
  • +6 more

Dislikes

Salary increments are lower when compared to other Competitors.

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 18 May 2023

2.0
 for  Salary and Benefits

Likes

Only the good part is job security

  • Job security - Good

Dislikes

...urism, no promotion and good appraisal if you are not your superior's favourite. New joiners are paid very good salary good hike and old employees are not valued

read more
  • Salary - Poor
  • +3 more
see more salary related reviews

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ICICI Lombard General Insurance Company Associate Vice President Operations Salary FAQs

What is the salary of Associate Vice President Operations at ICICI Lombard General Insurance Company ?
The average salary of a Associate Vice President Operations at ICICI Lombard General Insurance Company in India typically ranges from ₹15.8 Lakhs to ₹24.3 Lakhs per year, depending on experience (from 14 years to 22 years).

The top 10% of Associate Vice President Operations at ICICI Lombard General Insurance Company earn more than ₹24.1 Lakhs per year, and the top 1% earn over ₹24.3 Lakhs per year. Associate Vice President Operations 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 6 ICICI Lombard General Insurance Company employees in India.
What is the estimated take home salary of a Associate Vice President Operations at ICICI Lombard General Insurance Company in India?
The estimated take-home salary of a Associate Vice President Operations at ICICI Lombard General Insurance Company in India typically ranges from ₹1,26,200 to ₹1,30,282 per month. This is based on the average salary range of ₹15.8 Lakhs to ₹24.3 Lakhs per year for employees with experience ranging from 14 years to 22 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 6 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 Vice President Operations in India?
Tata AIA Life Insurance ₹32.0 Lakhs to ₹38.0 Lakhs per year
Axis Max Life Insurance ₹25.0 Lakhs to ₹34.0 Lakhs per year
HDFC Life ₹15.4 Lakhs to ₹36.0 Lakhs per year
SBI Life Insurance Company ₹17.0 Lakhs to ₹25.0 Lakhs per year
MDIndia Health Insurance TPA ₹17.0 Lakhs to ₹22.0 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.
How the salary growth look like for a Associate Vice President Operations at ICICI Lombard General Insurance Company in India?
The salary growth for a Associate Vice President Operations at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Associate Vice President Operations can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
14 years ₹8.6 Lakhs to ₹24.3 Lakhs per year
15 years ₹15.8 Lakhs to ₹22.7 Lakhs per year
and so on.

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ICICI Lombard General Insurance Company Associate Vice President Operations salary in India ranges between ₹15.8 Lakhs to ₹24.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.