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ICICI Lombard General Insurance Company BDM salaries in India

Annual salary range
4 - 10 years exp.
₹1.9 Lakh - ₹6.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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30% less than the average BDM Salary in Insurance Companies for 4 - 10 years of experience

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Last Updated: 17 Jan 2024

Companies similar to ICICI Lombard General Insurance Company for BDM

Company name Avg Annual Salary Open Jobs
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SBI Life Insurance Company BDM Salary

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₹1.9 L/yr - ₹6.5 L/yr

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₹2 L/yr - ₹4.3 L/yr

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Bajaj Allianz Life Insurance BDM Salary

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₹3.4 L/yr - ₹5.2 L/yr

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Aditya Birla Sun Life Insurance BDM Salary

1 - 10 years exp. (7 salaries)

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₹3 L/yr - ₹5.8 L/yr

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Axis Max Life Insurance BDM Salary

1 - 12 years exp. (6 salaries)

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₹3.4 L/yr - ₹7.2 L/yr

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Shriram Life Insurance BDM Salary

0 - 9 years exp. (6 salaries)

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₹2.2 L/yr - ₹6.2 L/yr

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Canara HSBC Life Insurance BDM Salary

0 - 17 years exp. (6 salaries)

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₹3.2 L/yr - ₹5.6 L/yr

arrow icon 20% more
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Reliance Nippon Life Insurance BDM Salary

3 - 9 years exp. (5 salaries)

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₹3.2 L/yr - ₹4.5 L/yr

arrow icon 5% more
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Tata AIA Life Insurance BDM Salary

3 - 11 years exp. (5 salaries)

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₹2.8 L/yr - ₹3.3 L/yr

arrow icon 18% less
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ICICI Prudential Life Insurance BDM Salary

1 - 4 years exp. (4 salaries)

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₹3 L/yr - ₹3.5 L/yr

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₹1.8 L/yr - ₹3.5 L/yr

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Tata AIG BDM Salary

5 - 8 years exp. (4 salaries)

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₹2.5 L/yr - ₹3.1 L/yr

arrow icon 25% less
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Kotak Mahindara Life Insurance BDM Salary

0 - 17 years exp. (4 salaries)

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₹4.5 L/yr - ₹8.8 L/yr

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BDM salary at ICICI Lombard General Insurance Company ranges between ₹1.9 Lakh to ₹6.6 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company BDM

11mo ago
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10 years exp.
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4 years exp.
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5 years exp.

Experience wise ICICI Lombard General Insurance Company BDM salaries

Last Updated: 17 Jan 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹2.1 L/yr
10 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.6 L/yr
ICICI Lombard General Insurance Company BDM Salary and Career Growth

From

To

BDM

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4 - 10 years exp.

Chief Manager

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3 - 19 years exp.

BDM 4 - 10 years exp.
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Senior Manager 0 - 19 years exp.
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arrow icon 160% hike
    Chief Manager 3 - 19 years exp.
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    arrow icon 69% hike
    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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    Chief Manager Salary
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    ₹10 L/yr - ₹23 L/yr
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    ₹14 L/yr - ₹38 L/yr
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    ₹1.8 L/yr - ₹9 L/yr
    Product Manager Salary
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    ₹6 L/yr - ₹22.9 L/yr
    Sales Executive Salary
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    ₹2.4 L/yr - ₹6.95 L/yr
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    ₹4.27 L/yr - ₹12 L/yr
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    ₹6 L/yr - ₹20 L/yr

    Salary related reviews for ICICI Lombard General Insurance Company

    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.

    read more
    • Job security - Excellent
    • +4 more

    Dislikes

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

    read more

    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

    read more
    • Salary - Bad
    • +6 more

    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

    read more

    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

    read more
    • Salary - Bad
    • +6 more

    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.

    read more
    • Company culture - Good
    • +1 more

    Dislikes

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

    • Salary - Poor
    • +2 more

    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

    read more
    • 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.

    read more
    • Skill development - Poor
    • +4 more
    see more salary related reviews

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    ICICI Lombard General Insurance Company BDM Salary FAQs

    What is the salary of BDM at ICICI Lombard General Insurance Company ?
    The average salary of a BDM at ICICI Lombard General Insurance Company in India typically ranges from ₹1.9 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 4 years to 10 years).

    The top 10% of BDM at ICICI Lombard General Insurance Company earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. BDM 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 4 ICICI Lombard General Insurance Company employees in India.
    What is the estimated take home salary of a BDM at ICICI Lombard General Insurance Company in India?
    The estimated take-home salary of a BDM at ICICI Lombard General Insurance Company in India typically ranges from ₹27,222 to ₹28,627 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 4 years to 10 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 4 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 BDM in India?
    Kotak Mahindara Life Insurance ₹4.5 Lakhs to ₹8.8 Lakhs per year
    Axis Max Life Insurance ₹3.4 Lakhs to ₹7.2 Lakhs per year
    SBI Life Insurance Company ₹1.9 Lakhs to ₹6.5 Lakhs per year
    Canara HSBC Life Insurance ₹3.2 Lakhs to ₹5.6 Lakhs per year
    Bajaj Allianz Life Insurance ₹3.4 Lakhs to ₹5.2 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 BDM in companies similar to ICICI Lombard General Insurance Company in India?
    The salary of a BDM 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:

    Aditya Birla Sun Life Insurance ₹3.0 Lakhs to ₹5.8 Lakhs per year
    Reliance Nippon Life Insurance ₹3.2 Lakhs to ₹4.5 Lakhs per year
    Shriram Life Insurance ₹2.2 Lakhs to ₹6.2 Lakhs per year
    SBI General Insurance ₹2.0 Lakhs to ₹4.5 Lakhs per year
    HDFC Life ₹2.0 Lakhs to ₹4.3 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 BDM at ICICI Lombard General Insurance Company in India?
    The salary growth for a BDM at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a BDM can expect the following growth trajectory at ICICI Lombard General Insurance Company:

    Experience Average Salary Range
    4 years ₹2.9 Lakhs to ₹3.7 Lakhs per year
    5 years ₹1.7 Lakhs to ₹2.1 Lakhs per year
    10 years ₹5.9 Lakhs to ₹7.6 Lakhs per year
    and so on.

    Tell us how to improve this page.

    ICICI Lombard General Insurance Company BDM salary in India ranges between ₹1.9 Lakh to ₹6.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.