ICICI Lombard General Insurance Company AVP Salaries by 20+ Employees (Updated 2024)

11 - 18 years exp.

₹16 Lakhs - ₹32 Lakhs

Salary of majority employees

28% less than the average AVP Salary in Insurance Companies for 11 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading AVP Salary 11 - 14 years exp. (3 salaries)	₹19.8 L/yr - ₹30 L/yr
Finance & Accounting AVP Salary 14 - 17 years exp. (3 salaries)	₹22.1 L/yr - ₹30 L/yr
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Customer Success, Service & Operations AVP Salary 18 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹22.7 L/yr
Engineering - Software & QA AVP Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹20.9 L/yr - ₹25.3 L/yr
Sales & Business Development AVP Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹26 L/yr

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Last Updated: 17 Nov 2024

Companies similar to ICICI Lombard General Insurance Company for AVP

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance AVP Salary 10 - 18 years exp. (31 salaries)	₹13.5 L/yr - ₹32 L/yr 3% less
Bajaj Allianz General Insurance AVP Salary 18 - 22 years exp. (5 salaries)	₹30 L/yr - ₹40.5 L/yr 61% more
Login to view exact salary
Reliance General Insurance AVP Salary 10 - 17 years exp. (6 salaries)	₹17.5 L/yr - ₹35 L/yr 28% more
Tata AIG AVP Salary 9 - 22 years exp. (8 salaries)	₹12 L/yr - ₹25 L/yr 12% less
SBI General Insurance AVP Salary 17 - 24 years exp. (6 salaries)	₹20 L/yr - ₹31 L/yr 12% more
SBI Life Insurance Company AVP Salary 12 - 18 years exp. (22 salaries)	₹10 L/yr - ₹33.2 L/yr 7% less
Max Life Insurance AVP Salary 13 - 20 years exp. (21 salaries)	₹14.4 L/yr - ₹40.9 L/yr 5% more
HDFC Life AVP Salary 15 - 20 years exp. (18 salaries)	₹24 L/yr - ₹60.5 L/yr 69% more
Kotak Mahindara Life Insurance AVP Salary 7 - 22 years exp. (18 salaries)	₹7.9 L/yr - ₹22.5 L/yr 24% less
Canara HSBC Life Insurance AVP Salary 9 - 19 years exp. (13 salaries)	₹15 L/yr - ₹40.6 L/yr 6% more
Future Generali India Life Insurance AVP Salary 9 - 19 years exp. (10 salaries)	₹20 L/yr - ₹37 L/yr 29% more
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Reliance Nippon Life Insurance AVP Salary 13 - 20 years exp. (9 salaries)	₹20 L/yr - ₹33 L/yr 1% more
Aditya Birla Sun Life Insurance AVP Salary 7 - 14 years exp. (5 salaries)	₹29 L/yr - ₹40.5 L/yr 56% more
Star Union Dai-ichi Life Insurance AVP Salary 10 - 20 years exp. (5 salaries)	₹23 L/yr - ₹30 L/yr 16% more
Bajaj Allianz Life Insurance AVP Salary 14 - 19 years exp. (4 salaries)	₹35 L/yr - ₹38.3 L/yr 76% more
Star Health & Allied Insurance AVP Salary 10 - 14 years exp. (3 salaries)	₹47 L/yr - ₹50 L/yr 126% more

AVP salary at ICICI Lombard General Insurance Company ranges between ₹16 Lakhs to ₹32 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 23 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Experience wise ICICI Lombard General Insurance Company AVP salaries

Last Updated: 17 Nov 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹22 L/yr - ₹41.6 L/yr
12 years (4 salaries)	₹17 L/yr - ₹31 L/yr
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13 years (3 salaries)	₹17 L/yr - ₹23 L/yr
14 years (4 salaries)	₹20 L/yr - ₹30 L/yr
15+ years (11 salaries)	₹16 L/yr - ₹32 L/yr

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Salary related reviews for ICICI Lombard General Insurance Company

4.0

Rated by 1 employees for salary & benefits

Management Trainee in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 30 Sep 2024

1.0

for Salary and Benefits

Likes

Nothing, if you have an option please avoid this organisation even if you don’t please find other interest for yourself

Dislikes

Everything, work culture is pathetic, salary is market minimum, work planning is pathetic as well most teams are just eating each others business, team leaders are lost when I comes to challenges, and the worst operations teams ever, if you are in sales you would wish you never worked. Dying a beggar is better than joining this place

Customer Relationship Manager in Hyderabad / Secunderabad

Full Time

Renewal Department

1.0

• posted on 10 Jun 2021

1.0

for Salary and Benefits

Likes

No work life balance pay less and stress more hire by telling inbound customer support and force to do more sales worst it management any technical issue we have to face deviations double standard management

Dislikes

Worst company no work life balance they will hire for inbount and make you to do outcalls and force to sale eventhough customer is not intrested no incentive it management of company is worst part any technical issue epmloye have to compensate the deviations double standard management

Customer Relationship Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 12 Feb 2024

2.0

for Salary and Benefits

Likes

Work Life Balance is Better for those who are doing alternative work also like freelancer,event management,any sport player. there is many shift available Like mrng, general,semi general, night shift, there is no fix shift and also rotational 2 weekoff.

Dislikes

No Fix shift, sunday no fix weekoff.Low salary.

Chief Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 21 Sep 2023

4.0

for Salary and Benefits

Likes

Salary is good. Benefits for employees are good.job security is there.Eveeything is almost automated.Manual work is less

Dislikes

There is no work life balance at all. All the work is just given to you suddenly. 2 to 3 weekends in a month goes in office work.No proper division of work. Politics is there.Partiality is there. Lot of late sitting. No proper planning.

Verifier in Navi Mumbai

Full Time

Other Department

1.0

• posted on 27 Jun 2023

1.0

for Salary and Benefits

Likes

Only the work is sorted.

Dislikes

Salary is too much low as compared to other companies even for experience people. If someone work honestly means He/she is considered as foolish person and becomes ineligible for appraisal.Company is good but they keep such a people who don't how to speak English well and how to Manage everything.They select those TL's who are fully partial . Even They did not share full information of process with experience employees who are working since 2 or 3 years.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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ICICI Lombard General Insurance Company AVP Salary FAQs

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

AVP salary at ICICI Lombard General Insurance Company in India ranges between ₹16.0 Lakhs to ₹32.0 Lakhs for experience between 11 years to 18 years. According to our estimates it is 28% less than the average AVP Salary in India. Salary estimates are based on 23 latest salaries received from various employees of ICICI Lombard General Insurance Company India.

How does the salary of a AVP at ICICI Lombard General Insurance Company India compare with the average salary range for this job?

The average salary of a AVP at ICICI Lombard General Insurance Company is 28% less than the average salary of a AVP in India. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Lombard General Insurance Company to a AVP in India?

Star Health & Allied Insurance AVP Salary - ₹47.0 Lakhs to ₹50.0 Lakhs per year
Bajaj Allianz Life Insurance AVP Salary - ₹35.0 Lakhs to ₹38.3 Lakhs per year
HDFC Life AVP Salary - ₹24.0 Lakhs to ₹60.5 Lakhs per year
Bajaj Allianz General Insurance AVP Salary - ₹30.0 Lakhs to ₹40.5 Lakhs per year
Aditya Birla Sun Life Insurance AVP Salary - ₹29.0 Lakhs to ₹40.5 Lakhs per year

What is the salary of a AVP in companies similar to ICICI Lombard General Insurance Company in India?

Future Generali India Life Insurance AVP Salary - ₹20.0 Lakhs to ₹37.0 Lakhs per year
Reliance General Insurance AVP Salary - ₹17.5 Lakhs to ₹35.0 Lakhs per year
Star Union Dai-ichi Life Insurance AVP Salary - ₹23.0 Lakhs to ₹30.0 Lakhs per year
SBI General Insurance AVP Salary - ₹20.0 Lakhs to ₹31.0 Lakhs per year
Canara HSBC Life Insurance AVP Salary - ₹15.0 Lakhs to ₹40.6 Lakhs per year

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

The estimated take-home salary of a AVP at ICICI Lombard General Insurance Company ranges between ₹1,40,776 per month to ₹1,46,005 per month in India. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company AVP salary in India which ranges between ₹16.0 Lakhs to ₹32.0 Lakhs per year for employees with experience between 11 years to 18 years. Check how did we calculate take home salary?

What is the notice period for AVP at ICICI Lombard General Insurance Company?

According to AmbitionBox, 76% of the ICICI Lombard General Insurance Company AVPs reported a notice period of 3 Months, 18% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company AVP Salaries

ICICI Lombard General Insurance Company AVP salary in India ranges between ₹16 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.