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ICICI Lombard General Insurance Company Branch Manager salaries in India

Annual salary range
5 - 18 years exp.
₹4.5 Lakhs - ₹13 Lakhs
Salary of majority employees
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At par with the average Branch Manager Salary in Insurance Companies for 5 - 18 years of experience

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Salaries in different departments

Sales & Business Development
Branch Manager Salary
5 - 18 years exp. (96 salaries)
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₹5 L/yr - ₹12.5 L/yr

BFSI, Investments & Trading
Branch Manager Salary
6 - 18 years exp. (56 salaries)
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₹4.8 L/yr - ₹13 L/yr

Marketing & Communication
Branch Manager Salary
5 - 16 years exp. (18 salaries)
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₹7 L/yr - ₹11 L/yr

Customer Success, Service & Operations
Branch Manager Salary
8 - 13 years exp. (7 salaries)
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₹4.5 L/yr - ₹9 L/yr

Finance & Accounting
Branch Manager Salary
10 - 11 years exp. (3 salaries)
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₹7.5 L/yr - ₹9.8 L/yr

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Last Updated: 16 Feb 2025

Companies similar to ICICI Lombard General Insurance Company for Branch Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Branch Manager Salary

5 - 23 years exp. (1.6k salaries)

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₹6.5 L/yr - ₹23 L/yr

arrow icon 65% more
2 job openings
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State Bank of India Branch Manager Salary

5 - 16 years exp. (288 salaries)

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₹9 L/yr - ₹33.5 L/yr

arrow icon 125% more
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Axis Bank Branch Manager Salary

8 - 22 years exp. (326 salaries)

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₹6.2 L/yr - ₹23.5 L/yr

arrow icon 69% more
2 job openings
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Kotak Mahindra Bank Branch Manager Salary

7 - 20 years exp. (1k salaries)

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₹7 L/yr - ₹25.6 L/yr

arrow icon 79% more
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₹4.3 L/yr - ₹12.5 L/yr

arrow icon 15% less
1 job opening
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₹6.4 L/yr - ₹18 L/yr

arrow icon 35% more
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HDFC Life Branch Manager Salary

6 - 18 years exp. (275 salaries)

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₹5.3 L/yr - ₹12.5 L/yr

arrow icon 5% more
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₹4.7 L/yr - ₹14 L/yr

At par
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₹4.5 L/yr - ₹13 L/yr

arrow icon 1% less
2 job openings
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₹3.8 L/yr - ₹10 L/yr

arrow icon 15% less
1 job opening
View all
Branch Manager salary at ICICI Lombard General Insurance Company ranges between ₹4.5 Lakhs to ₹13 Lakhs per year for employees with experience between 5 years to 18 years. Salary estimates are based on 214 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company Branch Manager

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10 years exp.
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11 years exp.
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Experience wise ICICI Lombard General Insurance Company Branch Manager salaries

Last Updated: 16 Feb 2025

Experience Avg Annual Salary
5 years  (7 salaries)

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₹7 L/yr - ₹10.1 L/yr
6 years  (8 salaries)

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₹5 L/yr - ₹9.6 L/yr
7 years  (16 salaries)

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₹5.5 L/yr - ₹10 L/yr
8 years  (26 salaries)

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₹4.5 L/yr - ₹11.5 L/yr
9 years  (19 salaries)

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₹5 L/yr - ₹12 L/yr
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ICICI Lombard General Insurance Company Branch Manager Salary and Career Growth

From

To

Branch Manager

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5 - 18 years exp.

Chief Manager

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3 - 19 years exp.

Branch Manager 5 - 18 years exp.
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Senior Manager 0 - 19 years exp.
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arrow icon 8% hike
    Chief Manager 3 - 19 years exp.
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    arrow icon 68% hike

    From

    To

    Branch Manager

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    5 - 18 years exp.

    Cluster Branch Manager

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    11 - 18 years exp.

    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

    Area Manager Salary
    (55 salaries)
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    ₹6.8 L/yr - ₹20 L/yr
    Credit Manager Salary
    (AmbitionBox Estimate)
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    Sales Manager Salary
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    ₹2 L/yr - ₹11.36 L/yr
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    ₹3.25 L/yr - ₹6.9 L/yr
    Branch Head Salary
    (14 salaries)
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    ₹8 L/yr - ₹9 L/yr
    Deputy Manager Salary
    (14 salaries)
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    ₹4.65 L/yr - ₹11 L/yr
    Chief Manager Salary
    (466 salaries)
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    ₹9.46 L/yr - ₹24 L/yr
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    ₹5.6 L/yr - ₹12 L/yr
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    ₹8.5 L/yr - ₹14.1 L/yr
    Deputy Branch Manager Salary
    (AmbitionBox Estimate)
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    ₹5.3 L/yr - ₹6.8 L/yr

    Top skills at ICICI Lombard General Insurance Company for Branch Manager

    Agency Channel Team Handling Health Insurance General Insurance Branch Management Sales Agency Sales Life Insurance Agent Recruitment General Insurance Sales Insurance Sales Channel Sales Branch Handling Insurance Team Management

    Salary related reviews for ICICI Lombard General Insurance Company

    3.6

    Rated by 70 employees for salary & benefits

    Full Time

     · 

    Sales & Business Development Department

    2.0
      •  posted on 08 Jun 2024

    4.0
     for  Salary and Benefits

    Likes

    Get salary on time,

    • Salary - Good
    • +1 more

    Dislikes

    Toxic behaviour by top management, and HR will not supportive, On every day 4-5 con call , work under pressure , HR will transfer any time any where without prior notice, old employees are permanent दामाद of company, they will not accept new employees.

    read more
    • Job security - Bad
    • +3 more

    Full Time

     · 

    Sales Department

    4.0
      •  posted on 01 Jan 2021

    5.0
     for  Salary and Benefits

    Likes

    Thinking about the future and placing itself in front above other co.

    • Salary - Excellent
    • +1 more

    Dislikes

    Changes in designation, pressure of your package in your job responsibilities are huge, especially in East the culture is not as professional as in other zones.

    read more
    • Job security - Poor

    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

    Full Time

     · 

    Customer Success, Service & Operations Department

    1.0
      •  posted on 21 Sep 2023

    1.0
     for  Salary and Benefits

    Likes

    Job security. They didn't fire anyone

    • Job security - Excellent

    Dislikes

    Very less salary If you work hard they will never appreciate you Sales team involvement infact manger did not take stand for there employees. They only blames you. Work load is to high you will be doing 2 persons work at 1 person salary. Work culture is very bad.

    read more
    • Salary - Bad
    • +4 more

    Full Time

     · 

    Customer Success, Service & Operations Department

    3.0
      •  posted on 03 Apr 2023

    2.0
     for  Salary and Benefits

    Likes

    Job security and few HR policies now those are outdated. Nothing much other than job security.

    • Job security - Good

    Dislikes

    ... year rather than thinking about team requirements. Should work on all weekends. No extra pay for overtime. Band 1 people come and say that they are going to implement overtime allowances but it's almost 2 years now but no such action taken. No internal job movements as they are scared to move resources for loss of track and no skill improvement programs. You would do same kind of job for years and they never reply to complaints.

    read more
    • Salary - Poor
    • +5 more
    see more salary related reviews

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    ICICI Lombard General Insurance Company Branch Manager Salary FAQs

    What is the salary of Branch Manager at ICICI Lombard General Insurance Company?
    Branch Manager salary at ICICI Lombard General Insurance Company in India ranges between ₹4.5 Lakhs to ₹13.0 Lakhs for experience between 5 years to 18 years. According to our estimates it is 3% less than the average Branch Manager Salary in India. Salary estimates are based on 214 latest salaries received from various employees of ICICI Lombard General Insurance Company India.
    How does the salary of a Branch Manager at ICICI Lombard General Insurance Company India compare with the average salary range for this job?
    The average salary of a Branch Manager at ICICI Lombard General Insurance Company is 3% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.
    What are the top skills required to work as a Branch Manager at ICICI Lombard General Insurance Company?
    Agency Channel, Team Handling, Health Insurance, General Insurance and Branch Management are some of the popular skills required to work as a Branch Manager at ICICI Lombard General Insurance Company India.
    Which similar companies are paying more than ICICI Lombard General Insurance Company to a Branch Manager in India?
    • State Bank of India Branch Manager Salary - ₹9.0 Lakhs to ₹33.5 Lakhs per year
    • Life Insurance Corporation of India Branch Manager Salary - ₹15.3 Lakhs to ₹28.0 Lakhs per year
    • Kotak Mahindra Bank Branch Manager Salary - ₹7.0 Lakhs to ₹25.6 Lakhs per year
    • The New India Assurance Co. Branch Manager Salary - ₹10.0 Lakhs to ₹18.5 Lakhs per year
    • United India Insurance Company Branch Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
    What is the salary of a Branch Manager in companies similar to ICICI Lombard General Insurance Company in India?
    • Axis Bank Branch Manager Salary - ₹6.2 Lakhs to ₹23.5 Lakhs per year
    • HDFC Bank Branch Manager Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year
    • ICICI Prudential Life Insurance Branch Manager Salary - ₹6.4 Lakhs to ₹18.0 Lakhs per year
    • Tata AIA Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹17.3 Lakhs per year
    • National Insurance Company Branch Manager Salary - ₹11.0 Lakhs to ₹15.1 Lakhs per year
    What is the estimated take home salary of a Branch Manager at ICICI Lombard General Insurance Company in India?
    The estimated take-home salary of a Branch Manager at ICICI Lombard General Insurance Company ranges between ₹65,086 per month to ₹66,746 per month in India. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Branch Manager salary in India which ranges between ₹4.5 Lakhs to ₹13.0 Lakhs per year for employees with experience between 5 years to 18 years. Check how did we calculate take home salary?
    What is the notice period for Branch Manager at ICICI Lombard General Insurance Company?
    According to AmbitionBox, 71% of the ICICI Lombard General Insurance Company Branch Managers reported a notice period of 3 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 224 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    ICICI Lombard General Insurance Company Branch Manager salary in India ranges between ₹4.5 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 214 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.