ICICI Lombard General Insurance Company Mumbai AVP Salaries by 10+ Employees (Updated 2024)

11 - 18 years exp.

₹16 Lakhs - ₹32 Lakhs

Salary of majority employees

15% 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)	₹25.4 L/yr - ₹30 L/yr
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Customer Success, Service & Operations AVP Salary 18 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹25.6 L/yr
Engineering - Software & QA AVP Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹25.3 L/yr - ₹27 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 in Mumbai

ICICI Lombard General Insurance Company AVP Salary

11 - 18 years exp. (19 salaries)

₹16 L/yr - ₹32 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance AVP Salary 10 - 19 years exp. (13 salaries)	₹16 L/yr - ₹32 L/yr 6% less
Tata AIG AVP Salary 15 - 20 years exp. (4 salaries)	₹18 L/yr - ₹25 L/yr 17% less
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SBI Life Insurance Company AVP Salary 12 - 18 years exp. (11 salaries)	₹15 L/yr - ₹38.3 L/yr 1% less
HDFC Life AVP Salary 15 - 20 years exp. (10 salaries)	₹25 L/yr - ₹60.5 L/yr 58% more
Kotak Mahindara Life Insurance AVP Salary 7 - 22 years exp. (9 salaries)	₹9.8 L/yr - ₹26.1 L/yr 26% less
Future Generali India Life Insurance AVP Salary 9 - 19 years exp. (8 salaries)	₹22.7 L/yr - ₹37 L/yr 13% more
Reliance Nippon Life Insurance AVP Salary 13 - 20 years exp. (7 salaries)	₹20 L/yr - ₹33 L/yr 9% less
Aditya Birla Sun Life Insurance AVP Salary 8 - 14 years exp. (4 salaries)	₹29 L/yr - ₹40.5 L/yr 38% 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 19 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: 17 Nov 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹22 L/yr - ₹47.5 L/yr
12 years (AmbitionBox Estimate)	₹17 L/yr - ₹31 L/yr
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13 years (3 salaries)	₹17 L/yr - ₹46 L/yr
14 years (3 salaries)	₹10.1 L/yr - ₹30 L/yr
15+ years (10 salaries)	₹16 L/yr - ₹32 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

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Sales Executive Salary

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₹1.2 L/yr - ₹5 L/yr

Management Trainee Salary

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₹3.81 L/yr - ₹10.35 L/yr

Branch Service Manager Salary

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₹3 L/yr - ₹6.25 L/yr

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.

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Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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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 ₹32.0 Lakhs for experience between 11 years to 18 years. According to our estimates it is 15% less than the average AVP Salary in India. Salary estimates are based on 19 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 15% 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?

HDFC Life AVP Salary - ₹25.0 Lakhs to ₹60.5 Lakhs per year
Aditya Birla Sun Life Insurance AVP Salary - ₹29.0 Lakhs to ₹40.5 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?

SBI Life Insurance Company AVP Salary - ₹15.0 Lakhs to ₹38.3 Lakhs per year
HDFC Ergo General Insurance AVP Salary - ₹16.0 Lakhs to ₹32.0 Lakhs per year
Reliance Nippon Life Insurance AVP Salary - ₹20.0 Lakhs to ₹33.0 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 ₹1,58,176 per month to ₹1,64,192 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 ₹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 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 ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.