Upload Button Icon Add office photos
Premium Employer

i

This company page is being actively managed by ICICI Lombard General Insurance Company Team. If you also belong to the team, you can get access from here
filter salariesFilter salaries by

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

Annual salary range
6 - 20 years exp.
₹15 Lakhs - ₹37.5 Lakhs
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

24% less than the average Associate Vice President Salary in Insurance Companies for 6 - 20 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Associate Vice President Salary
8 - 20 years exp. (41 salaries)
unlock-blur

₹17.5 L/yr - ₹37.5 L/yr

Sales & Business Development
Associate Vice President Salary
8 - 17 years exp. (17 salaries)
unlock-blur

₹18.9 L/yr - ₹33 L/yr

Strategic & Top Management
Associate Vice President Salary
6 - 20 years exp. (11 salaries)
unlock-blur

₹18 L/yr - ₹34 L/yr

Customer Success, Service & Operations
Associate Vice President Salary
15 - 20 years exp. (9 salaries)
unlock-blur

₹19.1 L/yr - ₹30 L/yr

Finance & Accounting
Associate Vice President Salary
6 - 13 years exp. (8 salaries)
unlock-blur

₹18 L/yr - ₹29 L/yr

View all

Last Updated: 22 Mar 2025

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

Logo
ICICI Lombard General Insurance Company Associate Vice President Salary

6 - 20 years exp. (123 salaries)

unlock blur

₹15 L/yr - ₹37.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
Tata AIG Associate Vice President Salary

8 - 20 years exp. (84 salaries)

unlock blur

₹11.3 L/yr - ₹40 L/yr

At par
1 job opening
unlock blur

₹12 L/yr - ₹36 L/yr

arrow icon 1% more
Logo
HDFC Life Associate Vice President Salary

9 - 24 years exp. (58 salaries)

unlock blur

₹18 L/yr - ₹50 L/yr

arrow icon 35% more
3 job openings
unlock blur

₹24 L/yr - ₹47 L/yr

arrow icon 43% more
unlock blur

₹24 L/yr - ₹41.3 L/yr

arrow icon 36% more
unlock blur

₹13.9 L/yr - ₹32 L/yr

arrow icon 8% less
unlock blur

₹22 L/yr - ₹44.6 L/yr

arrow icon 43% more
unlock blur

₹19 L/yr - ₹67.8 L/yr

arrow icon 61% more
unlock blur

₹12 L/yr - ₹44 L/yr

arrow icon 20% more
unlock blur

₹20 L/yr - ₹33 L/yr

arrow icon 4% more
unlock blur

₹14.5 L/yr - ₹22.4 L/yr

arrow icon 39% less
Associate Vice President salary at ICICI Lombard General Insurance Company ranges between ₹15 Lakhs to ₹37.5 Lakhs per year for employees with experience between 6 years to 20 years. Salary estimates are based on 123 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 in Mumbai

2w ago
₹20.7 Lakhs
15 years exp.
3w ago
₹26 Lakhs
18 years exp.
1mo ago
₹22 Lakhs
9 years exp.
1mo ago
₹16 Lakhs
14 years exp.
1mo ago
₹21 Lakhs
13 years exp.
2mo ago
avg blur mobile
17 years exp.
2mo ago
avg blur mobile
19 years exp.
2mo ago
avg blur mobile
18 years exp.
2mo ago
avg blur mobile
12 years exp.
2mo ago
avg blur mobile
14 years exp.

Experience wise ICICI Lombard General Insurance Company Associate Vice President salaries in Mumbai

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
6 years  (3 salaries)

unlock blur

₹16 L/yr - ₹25 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹20.6 L/yr - ₹26.3 L/yr
8 years  (9 salaries)

unlock blur

₹16 L/yr - ₹30 L/yr
9 years  (10 salaries)

unlock blur

₹20 L/yr - ₹30 L/yr
10 years  (10 salaries)

unlock blur

₹18.2 L/yr - ₹30 L/yr
View all
ICICI Lombard General Insurance Company Associate Vice President Salary and Career Growth

From

To

Associate Vice President

unlock blur

6 - 20 years exp.

Vice President

unlock blur

14 - 23 years exp.

From

To

Associate Vice President

unlock blur

6 - 20 years exp.

Deputy Vice President

unlock blur

14 - 25 years exp.

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

unlock blur
₹6.6 L/yr - ₹12.66 L/yr
unlock blur
₹5.6 L/yr - ₹16 L/yr
unlock blur
₹9.56 L/yr - ₹20 L/yr

Top skills at ICICI Lombard General Insurance Company for Associate Vice President

People Management General Insurance Sales Training Campaign Management Telesales Revenue Management Leadership Skills Call Center Operations Outbound Sales Insurance Training Retention Strategies Motors Underwriting Agri Finance

Salary related reviews for ICICI Lombard General Insurance Company

3.8

Rated by 12 employees for salary & benefits

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

 · 

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
see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about ICICI Lombard General Insurance Company

View All
an avp
2w
How to change industry
I have an experience of 14 years in insurance sales . Want to switch profile and industry. What would be the way forward?
Got a question about ICICI Lombard General Insurance Company?
Ask anonymously on communities.

ICICI Lombard General Insurance Company Associate Vice President Salary FAQs

What is the salary of Associate Vice President at ICICI Lombard General Insurance Company in Mumbai?
The average salary of a Associate Vice President at ICICI Lombard General Insurance Company in Mumbai typically ranges from ₹15.0 Lakhs to ₹37.5 Lakhs per year, depending on experience (from 6 years to 20 years).

The top 10% of Associate Vice President in Mumbai at ICICI Lombard General Insurance Company earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹34.9 Lakhs per year. Associate Vice President 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 100+ ICICI Lombard General Insurance Company employees in India.
What is the estimated take home salary of a Associate Vice President at ICICI Lombard General Insurance Company in Mumbai?
The estimated take-home salary of a Associate Vice President at ICICI Lombard General Insurance Company in Mumbai typically ranges from ₹1,51,597 to ₹1,57,315 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹37.5 Lakhs per year for employees with experience ranging from 6 years to 20 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 100+ 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 Associate Vice President at ICICI Lombard General Insurance Company in Mumbai?
To be a Associate Vice President at ICICI Lombard General Insurance Company in Mumbai, the key skills required include:

  • - People Management
  • - General Insurance
  • - Sales Training
  • - Campaign Management
  • - Telesales

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 Associate Vice President in India?
Tata AIA Life Insurance ₹19.0 Lakhs to ₹67.8 Lakhs per year
Bajaj Allianz Life Insurance ₹22.0 Lakhs to ₹44.6 Lakhs per year
Aditya Birla Sun Life Insurance ₹24.0 Lakhs to ₹47.0 Lakhs per year
ICICI Prudential Life Insurance ₹24.0 Lakhs to ₹41.3 Lakhs per year
HDFC Life ₹18.0 Lakhs to ₹50.0 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 Associate Vice President in companies similar to ICICI Lombard General Insurance Company in Mumbai?
The salary of a Associate Vice President at companies similar to ICICI Lombard General Insurance Company in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Max Life Insurance ₹12.0 Lakhs to ₹44.0 Lakhs per year
SBI General Insurance ₹20.0 Lakhs to ₹33.0 Lakhs per year
SBI Life Insurance Company ₹12.0 Lakhs to ₹36.0 Lakhs per year
Tata AIG ₹11.3 Lakhs to ₹40.0 Lakhs per year
Reliance Nippon Life Insurance ₹13.9 Lakhs to ₹32.0 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 Associate Vice President at ICICI Lombard General Insurance Company in Mumbai?
The salary growth for a Associate Vice President at ICICI Lombard General Insurance Company in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate Vice President in Mumbai can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
6 years ₹16.0 Lakhs to ₹25.0 Lakhs per year
7 years ₹20.6 Lakhs to ₹26.3 Lakhs per year
8 years ₹16.0 Lakhs to ₹30.0 Lakhs per year
9 years ₹20.0 Lakhs to ₹30.0 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Associate Vice President salary in Mumbai ranges between ₹15 Lakhs to ₹37.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 123 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.