ICICI Lombard General Insurance Company AVP Salaries by 20+ Employees (Updated 2025)

11 - 18 years exp.

₹16 Lakhs - ₹39 Lakhs

Salary of majority employees

23% 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)	₹22 L/yr - ₹30 L/yr
Finance & Accounting AVP Salary 14 - 17 years exp. (3 salaries)	₹23.9 L/yr - ₹30 L/yr
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Customer Success, Service & Operations AVP Salary 18 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹23.6 L/yr
Engineering - Software & QA AVP Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹23.2 L/yr - ₹25.3 L/yr
Sales & Business Development AVP Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹26 L/yr

View all

Last Updated: 21 Jan 2025

Companies similar to ICICI Lombard General Insurance Company for AVP

Company name	Avg Annual Salary	Open Jobs
HDFC Life AVP Salary 13 - 20 years exp. (23 salaries)	₹22 L/yr - ₹60.5 L/yr 45% more
Axis Max Life Insurance AVP Salary 12 - 21 years exp. (22 salaries)	₹14.4 L/yr - ₹40 L/yr 3% less
Login to view exact salary
SBI Life Insurance Company AVP Salary 12 - 18 years exp. (21 salaries)	₹10 L/yr - ₹31 L/yr 16% less
Kotak Mahindara Life Insurance AVP Salary 7 - 22 years exp. (18 salaries)	₹6.6 L/yr - ₹22.5 L/yr 33% less
Canara HSBC Life Insurance AVP Salary 9 - 19 years exp. (12 salaries)	₹15 L/yr - ₹41.2 L/yr 2% less
Reliance Nippon Life Insurance AVP Salary 13 - 20 years exp. (7 salaries)	₹20 L/yr - ₹33 L/yr 8% less
Reliance General Insurance AVP Salary 10 - 18 years exp. (7 salaries)	₹17.5 L/yr - ₹35 L/yr 16% more
SBI General Insurance AVP Salary 17 - 25 years exp. (6 salaries)	₹20 L/yr - ₹31 L/yr 4% more
Tata AIG AVP Salary 4 - 20 years exp. (6 salaries)	₹17 L/yr - ₹25 L/yr 1% less
Aditya Birla Sun Life Insurance AVP Salary 7 - 14 years exp. (5 salaries)	₹29 L/yr - ₹40.5 L/yr 44% more
Bajaj Allianz Life Insurance AVP Salary 14 - 19 years exp. (4 salaries)	₹35 L/yr - ₹38.2 L/yr 62% more
Login to view exact salary
Star Health & Allied Insurance AVP Salary 10 - 17 years exp. (4 salaries)	₹22 L/yr - ₹50 L/yr 80% more

AVP salary at ICICI Lombard General Insurance Company ranges between ₹16 Lakhs to ₹39 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: 21 Jan 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹22 L/yr - ₹41.2 L/yr
12 years (4 salaries)	₹17 L/yr - ₹31 L/yr
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13 years (3 salaries)	₹17 L/yr - ₹41.9 L/yr
14 years (3 salaries)	₹9.4 L/yr - ₹30 L/yr
15+ years (12 salaries)	₹16 L/yr - ₹39 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

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Chief Manager Salary

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Associate Vice President Salary

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Salary related reviews for ICICI Lombard General Insurance Company

4.0

Rated by 1 employees for salary & benefits

Customer Relationship Manager in Hyderabad / Secunderabad

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.

Job security - Excellent

+4 more

Dislikes

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

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

Salary - Bad

+6 more

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

Salary - Bad

+6 more

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.

Company culture - Good

+1 more

Dislikes

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

Salary - Poor

+2 more

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

Salary - Good

+1 more

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.

Skill development - Poor

+4 more

see more salary related reviews

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ICICI Lombard General Insurance Company AVP Salary FAQs

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

The average salary of a AVP at ICICI Lombard General Insurance Company in India typically ranges from ₹16.0 Lakhs to ₹39.0 Lakhs per year, depending on experience (from 11 years to 18 years).

The top 10% of AVP at ICICI Lombard General Insurance Company earn more than ₹32.0 Lakhs per year, and the top 1% earn over ₹39.0 Lakhs per year. AVP 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 20+ ICICI Lombard General Insurance Company employees in India.

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 in India typically ranges from ₹1,50,561 to ₹1,56,232 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹39.0 Lakhs per year for employees with experience ranging from 11 years to 18 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 20+ 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 AVP in India?

Star Health & Allied Insurance	₹22.0 Lakhs to ₹50.0 Lakhs per year
Bajaj Allianz Life Insurance	₹35.0 Lakhs to ₹38.2 Lakhs per year
HDFC Life	₹22.0 Lakhs to ₹60.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹29.0 Lakhs to ₹40.5 Lakhs per year
Reliance General Insurance	₹17.5 Lakhs to ₹35.0 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 AVP in companies similar to ICICI Lombard General Insurance Company in India?

The salary of a AVP 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:

SBI General Insurance	₹20.0 Lakhs to ₹31.0 Lakhs per year
Tata AIG	₹17.0 Lakhs to ₹25.0 Lakhs per year
Canara HSBC Life Insurance	₹15.0 Lakhs to ₹41.2 Lakhs per year
Axis Max Life Insurance	₹14.4 Lakhs to ₹40.0 Lakhs per year
Reliance Nippon Life Insurance	₹20.0 Lakhs to ₹33.0 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 AVP at ICICI Lombard General Insurance Company in India?

The salary growth for a AVP at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a AVP can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience	Average Salary Range
11 years	₹22.0 Lakhs to ₹41.2 Lakhs per year
12 years	₹17.0 Lakhs to ₹31.0 Lakhs per year
13 years	₹17.0 Lakhs to ₹41.9 Lakhs per year
14 years	₹9.4 Lakhs to ₹30.0 Lakhs per year

and so on.

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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 ₹39 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.