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ICICI Lombard General Insurance Company Branch Manager salaries in Pune (Updated 2025)

Annual salary range
5 - 16 years exp.
₹7.5 Lakhs - ₹12 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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10% less than the average Branch Manager Salary in Insurance Companies for 5 - 16 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

Sales & Business Development
Branch Manager Salary
5 - 16 years exp. (6 salaries)
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₹8 L/yr - ₹12 L/yr

BFSI, Investments & Trading
Branch Manager Salary
8 - 14 years exp. (4 salaries)
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₹7.5 L/yr - ₹9.5 L/yr

Last Updated: 10 Mar 2025

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

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ICICI Lombard General Insurance Company Branch Manager Salary

5 - 16 years exp. (10 salaries)

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₹7.5 L/yr - ₹12 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Branch Manager Salary

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₹5.3 L/yr - ₹10.8 L/yr

arrow icon 3% less
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₹8 L/yr - ₹17 L/yr

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Axis Max Life Insurance Branch Manager Salary

9 - 16 years exp. (9 salaries)

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₹8.5 L/yr - ₹11 L/yr

arrow icon 11% more
1 job opening
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₹6 L/yr - ₹11.5 L/yr

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₹5.4 L/yr - ₹9.4 L/yr

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PNB MetLife Branch Manager Salary

10 - 12 years exp. (4 salaries)

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₹9.8 L/yr - ₹11 L/yr

arrow icon 10% more
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Tata AIA Life Insurance Branch Manager Salary

12 - 16 years exp. (3 salaries)

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₹7.5 L/yr - ₹13.8 L/yr

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13 job openings
Branch Manager salary at ICICI Lombard General Insurance Company ranges between ₹7.5 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 16 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 Pune

4w ago
₹9.5 Lakhs
14 years exp.
1mo ago
₹7.5 Lakhs
9 years exp.
2mo ago
₹12 Lakhs
12 years exp.
2mo ago
₹8 Lakhs
5 years exp.
9mo ago
₹9.5 Lakhs
13 years exp.
1y ago
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8 years exp.
1y ago
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9 years exp.
1y ago
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16 years exp.
1y ago
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16 years exp.
1y ago
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12 years exp.

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

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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

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₹7.5 L/yr - ₹9.5 L/yr
7 years (AmbitionBox Estimate)

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₹7.6 L/yr - ₹9.7 L/yr
8 years (AmbitionBox Estimate)

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₹7.8 L/yr - ₹9.9 L/yr
9 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹10.1 L/yr
View all
ICICI Lombard General Insurance Company Branch Manager Salary and Career Growth

From

To

Branch Manager

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5 - 17 years exp.

Chief Manager

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3 - 19 years exp.

Branch Manager 5 - 17 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 - 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

    Sales Manager Salary
    (61 salaries)
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    ₹3.7 L/yr - ₹11.6 L/yr
    Chief Manager Salary
    (19 salaries)
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    ₹11.6 L/yr - ₹21 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

    3.2

    Rated by 6 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

    Discover interview dos and don'ts from real experiences

    What people are saying about ICICI Lombard General Insurance Company

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    an avp
    2w
    How to change industry
    I have an experience of 14 years in insurance sales . Want to switch profile and industry. What would be the way forward?
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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 in Pune?
    The average salary of a Branch Manager at ICICI Lombard General Insurance Company in Pune typically ranges from ₹7.5 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 5 years to 16 years).

    The top 10% of Branch Manager in Pune at ICICI Lombard General Insurance Company earn more than ₹11.3 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Branch Manager 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 10 ICICI Lombard General Insurance Company employees in India.
    What is the estimated take home salary of a Branch Manager at ICICI Lombard General Insurance Company in Pune?
    The estimated take-home salary of a Branch Manager at ICICI Lombard General Insurance Company in Pune typically ranges from ₹66,799 to ₹68,508 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 5 years to 16 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 10 salaries received from various employees of ICICI Lombard General Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
    What are the key skills required to be a Branch Manager at ICICI Lombard General Insurance Company in Pune?
    To be a Branch Manager at ICICI Lombard General Insurance Company in Pune, the key skills required include:

    • - Agency Channel
    • - Team Handling
    • - Health Insurance
    • - General Insurance
    • - Branch Management

    These skills are highly valued at ICICI Lombard General Insurance Company and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than ICICI Lombard General Insurance Company for Branch Manager in India?
    ICICI Prudential Life Insurance ₹8.0 Lakhs to ₹17.0 Lakhs per year
    Tata AIA Life Insurance ₹7.5 Lakhs to ₹13.8 Lakhs per year
    Axis Max Life Insurance ₹8.5 Lakhs to ₹11.0 Lakhs per year
    PNB MetLife ₹9.8 Lakhs to ₹11.0 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 Branch Manager in companies similar to ICICI Lombard General Insurance Company in Pune?
    The salary of a Branch Manager at companies similar to ICICI Lombard General Insurance Company in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Kotak Mahindara Life Insurance ₹6.0 Lakhs to ₹11.5 Lakhs per year
    HDFC Life ₹5.3 Lakhs to ₹10.8 Lakhs per year
    Star Health & Allied Insurance ₹5.4 Lakhs to ₹9.4 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 Branch Manager at ICICI Lombard General Insurance Company in Pune?
    The salary growth for a Branch Manager at ICICI Lombard General Insurance Company in Pune depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Pune can expect the following growth trajectory at ICICI Lombard General Insurance Company:

    Experience Average Salary Range
    5 years ₹7.3 Lakhs to ₹9.3 Lakhs per year
    6 years ₹7.5 Lakhs to ₹9.5 Lakhs per year
    7 years ₹7.6 Lakhs to ₹9.7 Lakhs per year
    8 years ₹7.8 Lakhs to ₹9.9 Lakhs per year
    and so on.

    Tell us how to improve this page.

    ICICI Lombard General Insurance Company Branch Manager salary in Pune ranges between ₹7.5 Lakhs to ₹12 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.