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

11 - 18 years exp.

₹16 Lakhs - ₹39 Lakhs

Salary of majority employees

11% 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)	₹27 L/yr - ₹30 L/yr
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Customer Success, Service & Operations AVP Salary 18 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹26.6 L/yr
Engineering - Software & QA AVP Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹25.3 L/yr - ₹27.5 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: 21 Jan 2025

Companies similar to ICICI Lombard General Insurance Company for AVP in Mumbai

ICICI Lombard General Insurance Company AVP Salary

11 - 18 years exp. (20 salaries)

₹16 L/yr - ₹39 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance AVP Salary 10 - 19 years exp. (12 salaries)	₹16 L/yr - ₹32 L/yr 15% less
Tata AIG AVP Salary 15 - 20 years exp. (4 salaries)	₹18 L/yr - ₹25 L/yr 22% less
Login to view exact salary
SBI Life Insurance Company AVP Salary 12 - 18 years exp. (10 salaries)	₹15 L/yr - ₹26.2 L/yr 19% less
Kotak Mahindara Life Insurance AVP Salary 7 - 22 years exp. (9 salaries)	₹9.8 L/yr - ₹26.1 L/yr 40% less
Future Generali India Life Insurance AVP Salary 9 - 19 years exp. (8 salaries)	₹22.7 L/yr - ₹37 L/yr 6% more
HDFC Life AVP Salary 15 - 20 years exp. (8 salaries)	₹25 L/yr - ₹39 L/yr 25% more
Reliance Nippon Life Insurance AVP Salary 13 - 20 years exp. (7 salaries)	₹20 L/yr - ₹33 L/yr 14% less
Aditya Birla Sun Life Insurance AVP Salary 8 - 14 years exp. (4 salaries)	₹29 L/yr - ₹40.5 L/yr 29% 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 20 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Experience wise ICICI Lombard General Insurance Company AVP salaries in Mumbai

Last Updated: 21 Jan 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹22 L/yr - ₹46.7 L/yr
12 years (AmbitionBox Estimate)	₹17 L/yr - ₹31 L/yr
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13 years (3 salaries)	₹17 L/yr - ₹47.3 L/yr
14 years (3 salaries)	₹26 L/yr - ₹30 L/yr
15+ years (11 salaries)	₹16 L/yr - ₹39 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

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

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.

Salary - Bad

+4 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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ICICI Lombard General Insurance Company AVP Salary FAQs

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

AVP salary at ICICI Lombard General Insurance Company in Mumbai ranges between ₹16.0 Lakhs to ₹39.0 Lakhs for experience between 11 years to 18 years. According to our estimates it is 11% less than the average AVP Salary in India. Salary estimates are based on 20 latest salaries received from various employees of ICICI Lombard General Insurance Company Mumbai.

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

The average salary of a AVP at ICICI Lombard General Insurance Company is 11% less than the average salary of a AVP in Mumbai. To know exact salary insights, login to view.

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

Aditya Birla Sun Life Insurance AVP Salary - ₹29.0 Lakhs to ₹40.5 Lakhs per year
HDFC Life AVP Salary - ₹25.0 Lakhs to ₹39.0 Lakhs per year
Future Generali India Life Insurance AVP Salary - ₹22.7 Lakhs to ₹37.0 Lakhs per year

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

Reliance Nippon Life Insurance AVP Salary - ₹20.0 Lakhs to ₹33.0 Lakhs per year
HDFC Ergo General Insurance AVP Salary - ₹16.0 Lakhs to ₹32.0 Lakhs per year
SBI Life Insurance Company AVP Salary - ₹15.0 Lakhs to ₹26.2 Lakhs per year
Tata AIG AVP Salary - ₹18.0 Lakhs to ₹25.0 Lakhs per year
Kotak Mahindara Life Insurance AVP Salary - ₹9.8 Lakhs to ₹26.1 Lakhs per year

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

The estimated take-home salary of a AVP at ICICI Lombard General Insurance Company ranges between ₹1,66,797 per month to ₹1,73,202 per month in Mumbai. 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 ₹39.0 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 in Mumbai?

According to AmbitionBox, 80% of the ICICI Lombard General Insurance Company AVPs in Mumbai reported a notice period of 3 Months, 13% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company AVP Salaries in Mumbai

ICICI Lombard General Insurance Company AVP salary in Mumbai ranges between ₹16 Lakhs to ₹39 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.