ICICI Lombard General Insurance Company Mumbai Associate Vice President Salaries by 100+ Employees (Updated 2025)

6 - 20 years exp.

₹15 Lakhs - ₹35 Lakhs

Salary of majority employees

Fixed (80%)

₹19.3 Lakhs

Variable (20%)

₹4.7 Lakhs

22% less than the average Associate Vice President Salary in Insurance Companies for 6 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Vice President Salary 8 - 20 years exp. (38 salaries)	₹17.5 L/yr - ₹32 L/yr
Sales & Business Development Associate Vice President Salary 8 - 17 years exp. (17 salaries)	₹18.9 L/yr - ₹33 L/yr
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Strategic & Top Management Associate Vice President Salary 6 - 20 years exp. (12 salaries)	₹18 L/yr - ₹34.9 L/yr
Customer Success, Service & Operations Associate Vice President Salary 15 - 20 years exp. (9 salaries)	₹19.1 L/yr - ₹30 L/yr
Finance & Accounting Associate Vice President Salary 6 - 13 years exp. (9 salaries)	₹18 L/yr - ₹29 L/yr

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Last Updated: 16 Feb 2025

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

ICICI Lombard General Insurance Company Associate Vice President Salary

6 - 20 years exp. (136 salaries)

₹15 L/yr - ₹35 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Associate Vice President Salary 12 - 18 years exp. (12 salaries)	₹13 L/yr - ₹29.5 L/yr 10% less
Tata AIG Associate Vice President Salary 8 - 20 years exp. (77 salaries)	₹11.3 L/yr - ₹31 L/yr 7% less	1 job opening
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SBI General Insurance Associate Vice President Salary 17 - 23 years exp. (7 salaries)	₹20 L/yr - ₹33 L/yr 5% more
SBI Life Insurance Company Associate Vice President Salary 9 - 20 years exp. (78 salaries)	₹12 L/yr - ₹36 L/yr 4% less
HDFC Life Associate Vice President Salary 9 - 24 years exp. (57 salaries)	₹18 L/yr - ₹50 L/yr 33% more	2 job openings
Aditya Birla Sun Life Insurance Associate Vice President Salary 7 - 17 years exp. (20 salaries)	₹24 L/yr - ₹47 L/yr 46% more
ICICI Prudential Life Insurance Associate Vice President Salary 10 - 19 years exp. (18 salaries)	₹24 L/yr - ₹41.3 L/yr 35% more
Reliance Nippon Life Insurance Associate Vice President Salary 15 - 23 years exp. (17 salaries)	₹13.9 L/yr - ₹32 L/yr 5% less
Bajaj Allianz Life Insurance Associate Vice President Salary 10 - 21 years exp. (14 salaries)	₹22 L/yr - ₹44.6 L/yr 33% more
Future Generali India Life Insurance Associate Vice President Salary 10 - 21 years exp. (14 salaries)	₹26 L/yr - ₹45.2 L/yr 47% more	1 job opening
Tata AIA Life Insurance Associate Vice President Salary 7 - 13 years exp. (13 salaries)	₹19 L/yr - ₹67.8 L/yr 60% more
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Axis Max Life Insurance Associate Vice President Salary 15 - 20 years exp. (8 salaries)	₹12 L/yr - ₹44 L/yr 24% more
Kotak Mahindara Life Insurance Associate Vice President Salary 12 - 21 years exp. (6 salaries)	₹14.5 L/yr - ₹22.4 L/yr 27% less

Associate Vice President salary at ICICI Lombard General Insurance Company ranges between ₹15 Lakhs to ₹35 Lakhs per year for employees with experience between 6 years to 20 years. Salary estimates are based on 136 latest salaries received from various employees of ICICI Lombard General Insurance Company.

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

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
6 years (3 salaries)	₹19.5 L/yr - ₹25 L/yr
7 years (AmbitionBox Estimate)	₹23 L/yr - ₹41.6 L/yr
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8 years (10 salaries)	₹16 L/yr - ₹30 L/yr
9 years (9 salaries)	₹20 L/yr - ₹25.5 L/yr
10 years (11 salaries)	₹18.2 L/yr - ₹30 L/yr
11 years (14 salaries)	₹17 L/yr - ₹31 L/yr
12 years (17 salaries)	₹15 L/yr - ₹33 L/yr
13 years (13 salaries)	₹17.5 L/yr - ₹35 L/yr
14 years (13 salaries)	₹18 L/yr - ₹33 L/yr
15+ years (45 salaries)	₹18 L/yr - ₹34.9 L/yr

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From

Associate Vice President

6 - 20 years exp.

Vice President

₹

Lakhs/yr

14 - 22 years exp.

From

Associate Vice President

6 - 20 years exp.

Deputy Vice President

13 - 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

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Project Manager Salary

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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

4.0

Rated by 11 employees for salary & benefits

Associate Vice President in Bangalore / Bengaluru

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.

Salary - Good

+6 more

Dislikes

Salary increments are lower when compared to other Competitors.

Verification Officer in Mumbai

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.

Salary - Poor

+3 more

Unit Sales Manager in Pune

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

Skill development - Poor

+4 more

Customer Relationship Management Executive in Hyderabad / Secunderabad

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

Salary - Poor

Executive in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 01 Oct 2024

4.0

for Salary and Benefits

Likes

I like company benefits , salary, work ,

Salary - Good

+2 more

Dislikes

Koi equality nh h, manager behavior is very bad, partially karte h, such bolne vale ko company se fire krte h, sab k liye ek rules h but manager o follow nh krta uske important person k liye jyada benefit dikhata h aise logonki wajah se hi company ka nam kharb hota hai.

Job security - Poor

+1 more

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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ICICI Lombard General Insurance Company Associate Vice President Salary FAQs

What is the salary of Associate Vice President at ICICI Lombard General Insurance Company Mumbai?

Associate Vice President salary at ICICI Lombard General Insurance Company in Mumbai ranges between ₹15.0 Lakhs to ₹35.0 Lakhs for experience between 6 years to 20 years. According to our estimates it is 22% less than the average Associate Vice President Salary in India. Salary estimates are based on 136 latest salaries received from various employees of ICICI Lombard General Insurance Company Mumbai.

How does the salary of a Associate Vice President at ICICI Lombard General Insurance Company Mumbai compare with the average salary range for this job?

The average salary of a Associate Vice President at ICICI Lombard General Insurance Company is 22% less than the average salary of a Associate Vice President in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Associate Vice President at ICICI Lombard General Insurance Company?

People Management, General Insurance, Sales Training, Campaign Management and Telesales are some of the popular skills required to work as a Associate Vice President at ICICI Lombard General Insurance Company Mumbai.

Which similar companies are paying more than ICICI Lombard General Insurance Company to a Associate Vice President in Mumbai?

Tata AIA Life Insurance Associate Vice President Salary - ₹19.0 Lakhs to ₹67.8 Lakhs per year
Future Generali India Life Insurance Associate Vice President Salary - ₹26.0 Lakhs to ₹45.2 Lakhs per year
Aditya Birla Sun Life Insurance Associate Vice President Salary - ₹24.0 Lakhs to ₹47.0 Lakhs per year
ICICI Prudential Life Insurance Associate Vice President Salary - ₹24.0 Lakhs to ₹41.3 Lakhs per year
Bajaj Allianz Life Insurance Associate Vice President Salary - ₹22.0 Lakhs to ₹44.6 Lakhs per year

What is the salary of a Associate Vice President in companies similar to ICICI Lombard General Insurance Company in Mumbai?

HDFC Life Associate Vice President Salary - ₹18.0 Lakhs to ₹50.0 Lakhs per year
Axis Max Life Insurance Associate Vice President Salary - ₹12.0 Lakhs to ₹44.0 Lakhs per year
SBI General Insurance Associate Vice President Salary - ₹20.0 Lakhs to ₹33.0 Lakhs per year
SBI Life Insurance Company Associate Vice President Salary - ₹12.0 Lakhs to ₹36.0 Lakhs per year
Reliance Nippon Life Insurance Associate Vice President Salary - ₹13.9 Lakhs to ₹32.0 Lakhs per year

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 ranges between ₹1,52,867 per month to ₹1,58,643 per month in Mumbai. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Associate Vice President salary in India which ranges between ₹15.0 Lakhs to ₹35.0 Lakhs per year for employees with experience between 6 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Associate Vice President at ICICI Lombard General Insurance Company in Mumbai?

According to AmbitionBox, 70% of the ICICI Lombard General Insurance Company Associate Vice Presidents in Mumbai reported a notice period of 3 Months, 12% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 76 responses on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company Associate Vice President Salaries in Mumbai

ICICI Lombard General Insurance Company Associate Vice President salary in Mumbai ranges between ₹15 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 136 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.

ICICI Lombard General Insurance Company Associate Vice President salaries in Mumbai

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

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

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

Similar Designation salaries in ICICI Lombard General Insurance Company

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

Salary related reviews for ICICI Lombard General Insurance Company

Associate Vice President in Bangalore / Bengaluru

Verification Officer in Mumbai

Unit Sales Manager in Pune

Customer Relationship Management Executive in Hyderabad / Secunderabad

Executive in Hyderabad / Secunderabad

ICICI Lombard General Insurance Company Associate Vice President Salary FAQs

Tell us how to improve this page.