ICICI Lombard General Insurance Company Mumbai Branch Manager Salaries by 9 Employees (Updated 2025)

6 - 14 years exp.

₹4.8 Lakhs - ₹12 Lakhs

Salary of majority employees

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22% less than the average Branch Manager Salary in Insurance Companies for 6 - 14 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 10 - 14 years exp. (3 salaries)	Unlock ₹4.8 L/yr - ₹12 L/yr
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Sales & Business Development Branch Manager Salary 6 - 11 years exp. (3 salaries)	Unlock ₹7.5 L/yr - ₹9.6 L/yr

Last Updated: 24 Dec 2024

Companies similar to ICICI Lombard General Insurance Company for Branch Manager in Mumbai

ICICI Lombard General Insurance Company Branch Manager Salary

6 - 14 years exp. (9 salaries)

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₹4.8 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Branch Manager Salary 5 - 16 years exp. (31 salaries)	Unlock ₹12 L/yr - ₹37 L/yr 155% more
Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (136 salaries)	Unlock ₹7.5 L/yr - ₹25.6 L/yr 109% more	1 job opening
Login to view exact salary
Bajaj Allianz General Insurance Branch Manager Salary 7 - 12 years exp. (3 salaries)	Unlock ₹5.5 L/yr - ₹7.3 L/yr 26% less	6 job openings
ICICI Prudential Life Insurance Branch Manager Salary 3 - 18 years exp. (51 salaries)	Unlock ₹6.1 L/yr - ₹18 L/yr 51% more
HDFC Life Branch Manager Salary 6 - 17 years exp. (32 salaries)	Unlock ₹5.5 L/yr - ₹12.5 L/yr 6% more
Kotak Mahindara Life Insurance Branch Manager Salary 3 - 18 years exp. (19 salaries)	Unlock ₹6 L/yr - ₹11 L/yr 6% more	1 job opening
Tata AIA Life Insurance Branch Manager Salary 9 - 19 years exp. (15 salaries)	Unlock ₹8.2 L/yr - ₹15.5 L/yr 42% more	18 job openings
Axis Max Life Insurance Branch Manager Salary 9 - 18 years exp. (12 salaries)	Unlock ₹7.3 L/yr - ₹12.5 L/yr 30% more	2 job openings
Bajaj Allianz Life Insurance Branch Manager Salary 7 - 15 years exp. (12 salaries)	Unlock ₹5.1 L/yr - ₹11.8 L/yr 4% less
Star Health & Allied Insurance Branch Manager Salary 8 - 17 years exp. (11 salaries)	Unlock ₹6.5 L/yr - ₹10.2 L/yr At par	1 job opening
HDFC Ergo General Insurance Branch Manager Salary 9 - 16 years exp. (9 salaries)	Unlock ₹6 L/yr - ₹10.5 L/yr 8% more
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Future Generali India Life Insurance Branch Manager Salary 7 - 18 years exp. (8 salaries)	Unlock ₹6.4 L/yr - ₹12.2 L/yr 10% more	1 job opening
SBI Life Insurance Company Branch Manager Salary 7 - 20 years exp. (8 salaries)	Unlock ₹8 L/yr - ₹12.2 L/yr 31% more
Aditya Birla Sun Life Insurance Branch Manager Salary 5 - 10 years exp. (3 salaries)	Unlock ₹8.5 L/yr - ₹11 L/yr 1% more
PNB MetLife Branch Manager Salary 12 - 18 years exp. (3 salaries)	Unlock ₹9.5 L/yr - ₹12.5 L/yr 14% more

Branch Manager salary at ICICI Lombard General Insurance Company ranges between ₹4.8 Lakhs to ₹12 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 9 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Experience wise ICICI Lombard General Insurance Company Branch Manager salaries in Mumbai

Last Updated: 24 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹9.6 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹7 L/yr - ₹9 L/yr
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8 years (AmbitionBox Estimate)	Unlock ₹6 L/yr - ₹14.4 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹3.3 L/yr - ₹8.8 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹4.8 L/yr - ₹15.1 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹8.5 L/yr - ₹8.8 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹8.5 L/yr - ₹15.8 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹8.1 L/yr - ₹10.3 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹3.7 L/yr - ₹12 L/yr

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From

Branch Manager

₹

Lakhs/yr

5 - 17 years exp.

Chief Manager

₹

Lakhs/yr

3 - 19 years exp.

Branch Manager 5 - 17 years exp.

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Senior Manager 0 - 19 years exp.

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8% hike

Chief Manager 3 - 19 years exp.

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68% hike

From

Branch Manager

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5 - 17 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

Chief Manager Salary

(196 salaries)

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₹10 L/yr - ₹23 L/yr

Sales Manager Salary

(96 salaries)

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₹3.45 L/yr - ₹11.58 L/yr

Area Manager Salary

(17 salaries)

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₹6.8 L/yr - ₹18.5 L/yr

Deputy Manager Salary

(9 salaries)

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₹4.65 L/yr - ₹11 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

Branch Manager in Haldwani

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.

Job security - Bad

+3 more

Branch Manager in Kolkata

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.

Job security - Poor

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

Operations Manager in Gurgaon / Gurugram

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.

Salary - Bad

+4 more

Operations Manager in Hyderabad / Secunderabad

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.

Salary - Poor

+5 more

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read 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 Mumbai?

Branch Manager salary at ICICI Lombard General Insurance Company in Mumbai ranges between ₹4.8 Lakhs to ₹12.0 Lakhs for experience between 6 years to 14 years. According to our estimates it is 22% less than the average Branch Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of ICICI Lombard General Insurance Company Mumbai.

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

The average salary of a Branch Manager at ICICI Lombard General Insurance Company is 22% less than the average salary of a Branch Manager in Mumbai. 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 Mumbai.

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

State Bank of India Branch Manager Salary - ₹12.0 Lakhs to ₹37.0 Lakhs per year
Kotak Mahindra Bank Branch Manager Salary - ₹7.5 Lakhs to ₹25.6 Lakhs per year
ICICI Prudential Life Insurance Branch Manager Salary - ₹6.1 Lakhs to ₹18.0 Lakhs per year
Tata AIA Life Insurance Branch Manager Salary - ₹8.2 Lakhs to ₹15.5 Lakhs per year
SBI Life Insurance Company Branch Manager Salary - ₹8.0 Lakhs to ₹12.2 Lakhs per year

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

Axis Max Life Insurance Branch Manager Salary - ₹7.3 Lakhs to ₹12.5 Lakhs per year
PNB MetLife Branch Manager Salary - ₹9.5 Lakhs to ₹12.5 Lakhs per year
Future Generali India Life Insurance Branch Manager Salary - ₹6.4 Lakhs to ₹12.2 Lakhs per year
HDFC Ergo General Insurance Branch Manager Salary - ₹6.0 Lakhs to ₹10.5 Lakhs per year
Kotak Mahindara Life Insurance Branch Manager Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a Branch Manager at ICICI Lombard General Insurance Company ranges between ₹62,905 per month to ₹64,504 per month in Mumbai. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Branch Manager salary in India which ranges between ₹4.8 Lakhs to ₹12.0 Lakhs per year for employees with experience between 6 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at ICICI Lombard General Insurance Company in Mumbai?

According to AmbitionBox, 70% of the ICICI Lombard General Insurance Company Branch Managers in Mumbai reported a notice period of 3 Months, 20% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company Branch Manager Salaries in Mumbai

ICICI Lombard General Insurance Company Branch Manager salary in Mumbai ranges between ₹4.8 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.

ICICI Lombard General Insurance Company Branch Manager salaries in Mumbai

Companies similar to ICICI Lombard General Insurance Company for Branch Manager in Mumbai

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

Experience wise ICICI Lombard General Insurance Company Branch Manager salaries in Mumbai

Similar Designation salaries in ICICI Lombard General Insurance Company

Top skills at ICICI Lombard General Insurance Company for Branch Manager

Salary related reviews for ICICI Lombard General Insurance Company

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Branch Manager in Kolkata

Chief Manager in Mumbai

Operations Manager in Gurgaon / Gurugram

Operations Manager in Hyderabad / Secunderabad

ICICI Lombard General Insurance Company Branch Manager Salary FAQs

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