ICICI Lombard General Insurance Company Branch Service Manager Salaries by 100+ Employees (Updated 2025)

0 - 11 years exp.

₹2.2 Lakhs - ₹7 Lakhs

Salary of majority employees

62% less than the average Branch Service Manager Salary in Insurance Companies for 0 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations Branch Service Manager Salary 0 - 11 years exp. (55 salaries)	₹2.5 L/yr - ₹6.5 L/yr
BFSI, Investments & Trading Branch Service Manager Salary 1 - 11 years exp. (54 salaries)	₹2.4 L/yr - ₹6.3 L/yr
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Finance & Accounting Branch Service Manager Salary 4 - 8 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
Sales & Business Development Branch Service Manager Salary 5 - 6 years exp. (3 salaries)	₹2.5 L/yr - ₹2.9 L/yr
Procurement & Supply Chain Branch Service Manager Salary 9 - 11 years exp. (3 salaries)	₹3.5 L/yr - ₹3.8 L/yr

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Last Updated: 16 Feb 2025

Companies similar to ICICI Lombard General Insurance Company for Branch Service Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Branch Service Manager Salary 12 - 13 years exp. (3 salaries)	₹4.5 L/yr - ₹5.6 L/yr 32% more
Reliance General Insurance Branch Service Manager Salary 1 - 11 years exp. (8 salaries)	₹2.7 L/yr - ₹4.5 L/yr 27% less
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HDFC Life Branch Service Manager Salary 0 - 5 years exp. (115 salaries)	₹1.8 L/yr - ₹3.8 L/yr 26% less
Reliance Nippon Life Insurance Branch Service Manager Salary 7 - 20 years exp. (13 salaries)	₹5 L/yr - ₹14 L/yr 100% more
Kotak Mahindara Life Insurance Branch Service Manager Salary 3 - 14 years exp. (8 salaries)	₹2.9 L/yr - ₹6 L/yr 7% more
PNB MetLife Branch Service Manager Salary 5 - 20 years exp. (7 salaries)	₹2.1 L/yr - ₹6.3 L/yr 17% more

Branch Service Manager salary at ICICI Lombard General Insurance Company ranges between ₹2.2 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 147 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Experience wise ICICI Lombard General Insurance Company Branch Service Manager salaries

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹2.5 L/yr - ₹4.5 L/yr
1 year (3 salaries)	₹2.5 L/yr - ₹3.3 L/yr
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2 years (6 salaries)	₹2.8 L/yr - ₹4.2 L/yr
3 years (9 salaries)	₹3.1 L/yr - ₹5.2 L/yr
4 years (16 salaries)	₹2.4 L/yr - ₹4.8 L/yr
5 years (20 salaries)	₹2.4 L/yr - ₹5.8 L/yr
6 years (17 salaries)	₹2.2 L/yr - ₹5.8 L/yr
7 years (17 salaries)	₹2.5 L/yr - ₹6 L/yr
8 years (18 salaries)	₹2.9 L/yr - ₹6 L/yr
9 years (17 salaries)	₹2.8 L/yr - ₹6.3 L/yr
10 years (14 salaries)	₹3 L/yr - ₹7 L/yr
11 years (7 salaries)	₹3.7 L/yr - ₹6 L/yr

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Similar Designation salaries in ICICI Lombard General Insurance Company

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Customer Relationship Manager Salary

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Associate Vice President Salary

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₹14 L/yr - ₹35 L/yr

Operations Manager Salary

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₹1.8 L/yr - ₹9 L/yr

Product Manager Salary

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Sales Executive Salary

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₹1.1 L/yr - ₹5 L/yr

Management Trainee Salary

(151 salaries)

₹3.65 L/yr - ₹12 L/yr

Senior Product Manager Salary

(140 salaries)

₹6 L/yr - ₹19.5 L/yr

Team Lead Salary

(129 salaries)

₹1.05 L/yr - ₹8.5 L/yr

Top skills at ICICI Lombard General Insurance Company for Branch Service Manager

Customer Service Internal Audit Branch Operations Mail Data Entry General Insurance Operations Service Management Auditing LI Customer Handling Service management Policy Issuance Petty Cash Clearing

Salary related reviews for ICICI Lombard General Insurance Company

3.2

Rated by 45 employees for salary & benefits

Management Trainee in New Delhi

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

Salary - Bad

+6 more

Customer Relationship Manager in Hyderabad / Secunderabad

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

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

Salary - Bad

+6 more

Customer Relationship Manager in Mumbai

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.

Company culture - Good

+1 more

Dislikes

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

Salary - Poor

+2 more

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

Verifier in Navi Mumbai

Full Time

Other Department

1.0

• posted on 27 Jun 2023

1.0

for Salary and Benefits

Likes

Only the work is sorted.

Dislikes

Salary is too much low as compared to other companies even for experience people. If someone work honestly means He/she is considered as foolish person and becomes ineligible for appraisal.Company is good but they keep such a people who don't how to speak English well and how to Manage everything.They select those TL's who are fully partial . Even They did not share full information of process with experience employees who are working since 2 or 3 years.

Salary - Bad

+4 more

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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ICICI Lombard General Insurance Company Branch Service Manager Salary FAQs

What is the salary of Branch Service Manager at ICICI Lombard General Insurance Company?

Branch Service Manager salary at ICICI Lombard General Insurance Company in India ranges between ₹2.2 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 62% less than the average Branch Service Manager Salary in India. Salary estimates are based on 147 latest salaries received from various employees of ICICI Lombard General Insurance Company India.

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

The average salary of a Branch Service Manager at ICICI Lombard General Insurance Company is 62% less than the average salary of a Branch Service Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Service Manager at ICICI Lombard General Insurance Company?

Customer Service, Internal Audit, Branch Operations, Mail and Data Entry are some of the popular skills required to work as a Branch Service Manager at ICICI Lombard General Insurance Company India.

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

Reliance Nippon Life Insurance Branch Service Manager Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
Bajaj Allianz General Insurance Branch Service Manager Salary - ₹4.5 Lakhs to ₹5.6 Lakhs per year
PNB MetLife Branch Service Manager Salary - ₹2.1 Lakhs to ₹6.3 Lakhs per year
Kotak Mahindara Life Insurance Branch Service Manager Salary - ₹2.9 Lakhs to ₹6.0 Lakhs per year

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

HDFC Life Branch Service Manager Salary - ₹1.8 Lakhs to ₹3.8 Lakhs per year
Reliance General Insurance Branch Service Manager Salary - ₹2.7 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Branch Service Manager at ICICI Lombard General Insurance Company ranges between ₹28,843 per month to ₹30,225 per month in India. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Branch Service Manager salary in India which ranges between ₹2.2 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 66% of the ICICI Lombard General Insurance Company Branch Service Manager s reported a notice period of 3 Months, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 92 responses on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company Branch Service Manager Salaries by Location

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ICICI Lombard General Insurance Company Branch Service Manager Salaries

ICICI Lombard General Insurance Company Branch Service Manager salary in India ranges between ₹2.2 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 147 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.

ICICI Lombard General Insurance Company Branch Service Manager salaries in India

Companies similar to ICICI Lombard General Insurance Company for Branch Service Manager

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

Experience wise ICICI Lombard General Insurance Company Branch Service Manager salaries

Similar Designation salaries in ICICI Lombard General Insurance Company

Top skills at ICICI Lombard General Insurance Company for Branch Service Manager

Salary related reviews for ICICI Lombard General Insurance Company

Management Trainee in New Delhi

Customer Relationship Manager in Hyderabad / Secunderabad

Customer Relationship Manager in Mumbai

Chief Manager in Mumbai

Verifier in Navi Mumbai

ICICI Lombard General Insurance Company Branch Service Manager Salary FAQs

Tell us how to improve this page.

ICICI Lombard General Insurance Company Branch Service Manager Salaries by Location