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ICICI Lombard General Insurance Company Business Consultant salaries in India

Annual salary range
2 - 10 years exp.
₹7 Lakhs - ₹19 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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21% less than the average Business Consultant Salary in Insurance Companies for 2 - 10 years of experience

Interested in this particular role?

Last Updated: 26 May 2023

Companies similar to ICICI Lombard General Insurance Company for Business Consultant

Company name Avg Annual Salary Open Jobs
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1 - 10 years exp. (8 salaries)

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₹5.9 L/yr - ₹10 L/yr

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₹2.5 L/yr - ₹5 L/yr

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Tech Mahindra Business Consultant Salary

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Ernst & Young Business Consultant Salary

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TCS Business Consultant Salary

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₹8.9 L/yr - ₹33 L/yr

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Business Consultant salary at ICICI Lombard General Insurance Company ranges between ₹7 Lakhs to ₹19 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Lombard General Insurance Company.

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

1y ago
₹19 Lakhs
3 years exp.
1y ago
₹9.5 Lakhs
3 years exp.
1y ago
₹7 Lakhs
2 years exp.
1y ago
₹10 Lakhs
10 years exp.

Experience wise ICICI Lombard General Insurance Company Business Consultant salaries

Last Updated: 26 May 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8 L/yr
3 years (AmbitionBox Estimate)

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₹12.8 L/yr - ₹16.4 L/yr
10 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

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₹4 L/yr - ₹13.65 L/yr
Strategy Consultant Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr
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₹2.05 L/yr - ₹17.59 L/yr
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₹4.2 L/yr - ₹7.2 L/yr
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₹2 L/yr - ₹7 L/yr
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₹12 L/yr - ₹17 L/yr
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₹9 L/yr - ₹30 L/yr
Sales Executive Salary
(211 salaries)
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₹1.1 L/yr - ₹5 L/yr
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₹9.87 L/yr - ₹16 L/yr
Research Analyst Salary
(AmbitionBox Estimate)
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₹5.3 L/yr - ₹6.8 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

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

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 30 Jul 2023

4.0
 for  Salary and Benefits

Likes

If you’re looking for good salary and perks, go forward.

  • Salary - Good
  • +1 more

Dislikes

No work life balance. You can hardly manage your personal and professional life here simultaneously. Upper Management treats like robot. Although your working days are Mon-Fri, but you have to work on weekends also unofficially otherwise you’ll be scolded by upper management. Some old VPs working here are annoying.

read more
  • Skill development - Bad
  • +3 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 11 Oct 2023

1.0
 for  Salary and Benefits

Likes

Only thing good is the brand name and time to time salary

  • Job security - Excellent

Dislikes

Bad managers, no work life balance, we used to work late till 1am almost everyday. I had horrible manager and super manager. Too much of hierarchy and no one used to help or support. People were so arrogant that they would bully and not teach anything to the new joinees.

read more
  • Salary - Bad
  • +4 more

Customer Success, Service & Operations Department

4.0
  •  posted on 23 Nov 2020

3.0
 for  Salary and Benefits

Likes

...vironmenta also good & huge cafeteria as well as gaming activities for chilling. Company policy are good, appraisal for fair and they give good salary hoke and bonus every year.

read more
  • Skill development - Good

BFSI, Investments & Trading Department

3.0
  •  posted on 07 May 2021

1.0
 for  Salary and Benefits

Likes

ICICI Lombard is a good company to work but there will be not any increment in the salary and every person are thinking about only business not a one thinks about employees satisfaction or employees enjoyment. Higher management only consider thier position not for bottom employees

read more

Dislikes

The higher management should have to take care of sales executive also ,the managers thinks about their performance only even they are not thinking about executive ,they only pressuring for the business, not a one person thinks about executive health.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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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 Business Consultant Salary FAQs

What is the salary of Business Consultant at ICICI Lombard General Insurance Company ?
The average salary of a Business Consultant at ICICI Lombard General Insurance Company in India typically ranges from ₹7.0 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Business Consultant at ICICI Lombard General Insurance Company earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Business Consultant 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 4 ICICI Lombard General Insurance Company employees in India.
What is the estimated take home salary of a Business Consultant at ICICI Lombard General Insurance Company in India?
The estimated take-home salary of a Business Consultant at ICICI Lombard General Insurance Company in India typically ranges from ₹81,223 to ₹83,340 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 2 years to 10 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 4 salaries received from various employees of ICICI Lombard General Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than ICICI Lombard General Insurance Company for Business Consultant in India?
Tech Mahindra ₹9.1 Lakhs to ₹33.8 Lakhs per year
TCS ₹8.9 Lakhs to ₹33.0 Lakhs per year
Ernst & Young ₹6.4 Lakhs to ₹26.0 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 Business Consultant in companies similar to ICICI Lombard General Insurance Company in India?
The salary of a Business Consultant at companies similar to ICICI Lombard General Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Allianz ₹5.9 Lakhs to ₹10.0 Lakhs per year
ICICI Prudential Life Insurance ₹2.5 Lakhs to ₹5.0 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 Business Consultant at ICICI Lombard General Insurance Company in India?
The salary growth for a Business Consultant at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Business Consultant can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
2 years ₹6.3 Lakhs to ₹8.0 Lakhs per year
3 years ₹12.8 Lakhs to ₹16.4 Lakhs per year
10 years ₹9.0 Lakhs to ₹11.5 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Business Consultant salary in India ranges between ₹7 Lakhs to ₹19 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.