ICICI Lombard General Insurance Company Business Associate Salaries by 5 Employees (Updated 2025)

0 - 3 years exp.

₹3.2 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

17% less than the average Business Associate Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations Business Associate Salary 1 - 3 years exp. (3 salaries)	₹2.9 L/yr - ₹3.5 L/yr
Engineering - Hardware & Networks Business Associate Salary 1 year exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Marketing & Communication Business Associate Salary Fresher (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr

Last Updated: 23 May 2024

Companies similar to ICICI Lombard General Insurance Company for Business Associate

Company name	Avg Annual Salary	Open Jobs
Tata AIG Business Associate Salary 1 - 2 years exp. (5 salaries)	₹1.4 L/yr - ₹4.2 L/yr 33% less
Star Health & Allied Insurance Business Associate Salary 2 - 16 years exp. (3 salaries)	₹2 L/yr - ₹3.6 L/yr 30% less
Login to view exact salary
Future Generali India Life Insurance Business Associate Salary 0 - 1 year exp. (6 salaries)	₹1.6 L/yr - ₹5 L/yr 21% less
Tata AIA Life Insurance Business Associate Salary 0 - 11 years exp. (93 salaries)	₹1.5 L/yr - ₹9 L/yr 17% more	18 job openings
ICICI Prudential Life Insurance Business Associate Salary 0 - 2 years exp. (79 salaries)	₹10 L/yr - ₹21 L/yr 274% more
Max Life Insurance Business Associate Salary 0 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 11% less
Allstate Business Associate Salary 1 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹3.6 L/yr 27% less
HDFC Life Business Associate Salary 0 - 2 years exp. (4 salaries)	₹2.3 L/yr - ₹8.5 L/yr 1% less
SBI Life Insurance Company Business Associate Salary 1 - 15 years exp. (3 salaries)	₹2 L/yr - ₹7 L/yr 38% less

Business Associate salary at ICICI Lombard General Insurance Company ranges between ₹3.2 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Experience wise ICICI Lombard General Insurance Company Business Associate salaries

Last Updated: 23 May 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.5 L/yr
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹8 L/yr
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2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹6.5 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.2 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

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Research Analyst Salary

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Project Manager Salary

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Senior Consultant Salary

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₹2.05 L/yr - ₹17.59 L/yr

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₹3.6 L/yr - ₹11.8 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

Product Manager in Mumbai

Marketing & Communication Department

3.0

• posted on 13 Oct 2022

1.0

for Salary and Benefits

Likes

...place to work for those who are willing to get retired from the particular firm. On time salary. Professional and Straightforward VP.

Job security - Excellent

Dislikes

Work culture overall i.e non-responsive HR (Except Mohit Bane), IT team, Bad appraisal process and micro monitoring person AVP who is not even supporting towards the team. Even i will recommend to other peoples don't join in his team you will get exploit, harresed and irritated each and evey working as well as non working hours. There is no value for your efforts, even after showing result oriented work in full proof.

Salary - Bad

+4 more

Product Manager in Patna

Manpower Department

5.0

• posted on 20 Dec 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture,Company policies are good,appraisals are fair and they give good salary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

Product Manager in Mumbai

Bancassurance Department

3.0

• posted on 28 Dec 2020

4.0

for Salary and Benefits

Likes

Office ambience. Good pay scale. 5 days work in a week so good work life balance.

Salary - Good

+2 more

Dislikes

No skill devlopement, career growth is dependent on your relationship with superior, too much process oriented job, travelling is cumbersome if your work in head office.

Skill development - Bad

+2 more

Verification Officer in Mumbai

Full Time

Administration & Facilities Department

3.0

• posted on 19 Jan 2025

2.0

for Salary and Benefits

Likes

I had good co- workers with me. Friendly Team leader. That was the best part in my department.

Dislikes

...y. The TL and management will make your life hell. Even they call you on Sunday. With no extra pay.No work life balance at all.

Salary - Poor

+3 more

Unit Sales Manager in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 23 Dec 2024

3.0

for Salary and Benefits

Likes

Nothing as such, only u got salary on time

Job security - Good

Dislikes

Everything is worth from the top level to bottom level no one is supportive even HR's only listen to top level like your manager you are reporting to ... No appraisal no hike nothing specially for campus hire.. If you r fresher so definitely you will get 5 rating and no hike ,even you did too good in terms of business... No one will listen your point , top level is always right here

Skill development - Poor

+4 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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ICICI Lombard General Insurance Company Business Associate Salary FAQs

What is the salary of Business Associate at ICICI Lombard General Insurance Company?

Business Associate salary at ICICI Lombard General Insurance Company in India ranges between ₹3.2 Lakhs to ₹5.5 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 17% less than the average Business Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of ICICI Lombard General Insurance Company India.

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

The average salary of a Business Associate at ICICI Lombard General Insurance Company is 17% less than the average salary of a Business Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Lombard General Insurance Company to a Business Associate in India?

ICICI Prudential Life Insurance Business Associate Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
Tata AIA Life Insurance Business Associate Salary - ₹1.5 Lakhs to ₹9.0 Lakhs per year

What is the salary of a Business Associate in companies similar to ICICI Lombard General Insurance Company in India?

HDFC Life Business Associate Salary - ₹2.3 Lakhs to ₹8.5 Lakhs per year
Max Life Insurance Business Associate Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
Future Generali India Life Insurance Business Associate Salary - ₹1.6 Lakhs to ₹5.0 Lakhs per year
Allstate Business Associate Salary - ₹2.5 Lakhs to ₹3.6 Lakhs per year
Star Health & Allied Insurance Business Associate Salary - ₹2.0 Lakhs to ₹3.6 Lakhs per year

What is the estimated take home salary of a Business Associate at ICICI Lombard General Insurance Company in India?

The estimated take-home salary of a Business Associate at ICICI Lombard General Insurance Company ranges between ₹30,502 per month to ₹31,808 per month in India. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Business Associate salary in India which ranges between ₹3.2 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Business Associate at ICICI Lombard General Insurance Company?

According to AmbitionBox, 100% of the ICICI Lombard General Insurance Company Business Associates reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company Business Associate Salaries

ICICI Lombard General Insurance Company Business Associate salary in India ranges between ₹3.2 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.

ICICI Lombard General Insurance Company Business Associate salaries in India

Companies similar to ICICI Lombard General Insurance Company for Business Associate

Latest annual salaries shared by ICICI Lombard General Insurance Company Business Associate

Experience wise ICICI Lombard General Insurance Company Business Associate salaries

Similar Designation salaries in ICICI Lombard General Insurance Company

Salary related reviews for ICICI Lombard General Insurance Company

Product Manager in Mumbai

Product Manager in Patna

Product Manager in Mumbai

Verification Officer in Mumbai

Unit Sales Manager in Pune

ICICI Lombard General Insurance Company Business Associate Salary FAQs

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