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3.7

based on 4.4k Reviews

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ICICI Lombard General Insurance Company Branch Manager salaries in Bangalore / Bengaluru

Annual salary range
6 - 18 years exp.
₹6.2 Lakhs - ₹11.2 Lakhs
Salary of majority employees
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18% less than the average Branch Manager Salary in Insurance Companies for 6 - 18 years of experience

Interested in this particular role? 6 job openings

Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
6 - 12 years exp. (5 salaries)
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₹6.2 L/yr - ₹11.2 L/yr

Sales & Business Development
Branch Manager Salary
7 - 18 years exp. (AmbitionBox Estimate)
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₹6.9 L/yr - ₹11 L/yr

Customer Success, Service & Operations
Branch Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.8 L/yr

Marketing & Communication
Branch Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.5 L/yr

Last Updated: 24 Oct 2024

Companies similar to ICICI Lombard General Insurance Company for Branch Manager in Bangalore / Bengaluru

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ICICI Lombard General Insurance Company Branch Manager Salary

6 - 18 years exp. (10 salaries)

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₹6.2 L/yr - ₹11.2 L/yr

vs
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State Bank of India Branch Manager Salary

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Axis Bank Branch Manager Salary

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Kotak Mahindra Bank Branch Manager Salary

7 - 18 years exp. (126 salaries)

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HDFC Life Branch Manager Salary

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₹5.3 L/yr - ₹11.1 L/yr

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₹6 L/yr - ₹10 L/yr

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Tata AIA Life Insurance Branch Manager Salary

9 - 20 years exp. (9 salaries)

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₹7.6 L/yr - ₹15.5 L/yr

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₹6 L/yr - ₹11.4 L/yr

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₹6.5 L/yr - ₹12 L/yr

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₹5.8 L/yr - ₹10.1 L/yr

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₹5.7 L/yr - ₹12.5 L/yr

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Max Life Insurance Branch Manager Salary

11 - 15 years exp. (5 salaries)

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₹10 L/yr - ₹12.7 L/yr

arrow icon 20% more
Branch Manager salary at ICICI Lombard General Insurance Company ranges between ₹6.2 Lakhs to ₹11.2 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 10 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company Branch Manager in Bangalore / Bengaluru

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Experience wise ICICI Lombard General Insurance Company Branch Manager salaries in Bangalore / Bengaluru

Last Updated: 24 Oct 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹13.6 L/yr
7 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹9.1 L/yr
9 years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹9.3 L/yr
10 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹11.2 L/yr
View all

Similar Designation salaries in ICICI Lombard General Insurance Company

Sales Manager Salary
(58 salaries)
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₹3.75 L/yr - ₹12.02 L/yr
Chief Manager Salary
(45 salaries)
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₹10 L/yr - ₹21.5 L/yr
Area Manager Salary
(5 salaries)
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₹12.2 L/yr - ₹17 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

4.0

Rated by 2 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
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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 Bangalore / Bengaluru?
Branch Manager salary at ICICI Lombard General Insurance Company in Bangalore / Bengaluru ranges between ₹6.2 Lakhs to ₹11.2 Lakhs for experience between 6 years to 18 years. According to our estimates it is 18% less than the average Branch Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of ICICI Lombard General Insurance Company Bangalore / Bengaluru.
How does the salary of a Branch Manager at ICICI Lombard General Insurance Company Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Branch Manager at ICICI Lombard General Insurance Company is 18% less than the average salary of a Branch Manager in Bangalore / Bengaluru. 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 Bangalore / Bengaluru.
Which similar companies are paying more than ICICI Lombard General Insurance Company to a Branch Manager in Bangalore / Bengaluru?
  • State Bank of India Branch Manager Salary - ₹9.0 Lakhs to ₹30.0 Lakhs per year
  • Kotak Mahindra Bank Branch Manager Salary - ₹7.0 Lakhs to ₹24.0 Lakhs per year
  • HDFC Bank Branch Manager Salary - ₹6.9 Lakhs to ₹25.1 Lakhs per year
  • Axis Bank Branch Manager Salary - ₹6.1 Lakhs to ₹24.0 Lakhs per year
  • ICICI Prudential Life Insurance Branch Manager Salary - ₹6.3 Lakhs to ₹17.0 Lakhs per year
What is the salary of a Branch Manager in companies similar to ICICI Lombard General Insurance Company in Bangalore / Bengaluru?
  • Tata AIA Life Insurance Branch Manager Salary - ₹7.6 Lakhs to ₹15.5 Lakhs per year
  • SBI Life Insurance Company Branch Manager Salary - ₹6.5 Lakhs to ₹12.0 Lakhs per year
  • Max Life Insurance Branch Manager Salary - ₹10.0 Lakhs to ₹12.7 Lakhs per year
  • HDFC Life Branch Manager Salary - ₹6.8 Lakhs to ₹11.0 Lakhs per year
  • Future Generali India Life Insurance Branch Manager Salary - ₹5.7 Lakhs to ₹12.5 Lakhs per year
What is the estimated take home salary of a Branch Manager at ICICI Lombard General Insurance Company in Bangalore / Bengaluru?
The estimated take-home salary of a Branch Manager at ICICI Lombard General Insurance Company ranges between ₹62,935 per month to ₹64,535 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Branch Manager salary in India which ranges between ₹6.2 Lakhs to ₹11.2 Lakhs per year for employees with experience between 6 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 in Bangalore / Bengaluru?
According to AmbitionBox, 44% of the ICICI Lombard General Insurance Company Branch Managers in Bangalore / Bengaluru reported a notice period of 15 days or less, 45% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company Branch Manager salary in Bangalore / Bengaluru ranges between ₹6.2 Lakhs to ₹11.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.