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ICICI Lombard General Insurance Company Business Development Executive salaries in India (Updated 2025)

Annual salary range
0 - 8 years exp.
₹2.5 Lakhs - ₹6.9 Lakhs
Salary of majority employees
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34% more than the average Business Development Executive Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Business Development Executive Salary
0 - 8 years exp. (56 salaries)
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₹2.5 L/yr - ₹6.9 L/yr

Sales & Business Development
Business Development Executive Salary
1 - 6 years exp. (28 salaries)
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₹3.1 L/yr - ₹6.3 L/yr

Marketing & Communication
Business Development Executive Salary
0 - 6 years exp. (16 salaries)
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₹3.6 L/yr - ₹6.5 L/yr

Customer Success, Service & Operations
Business Development Executive Salary
0 - 7 years exp. (6 salaries)
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₹3 L/yr - ₹6 L/yr

Finance & Accounting
Business Development Executive Salary
1 - 2 years exp. (4 salaries)
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₹3.3 L/yr - ₹6.7 L/yr

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Last Updated: 24 Jan 2025

Companies similar to ICICI Lombard General Insurance Company for Business Development Executive

Company name Avg Annual Salary Open Jobs
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₹1.8 L/yr - ₹4.8 L/yr

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₹1.8 L/yr - ₹3 L/yr

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₹2.8 L/yr - ₹5.5 L/yr

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₹4.5 L/yr - ₹4.8 L/yr

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₹8.1 L/yr - ₹12.5 L/yr

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 45% less
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₹2.4 L/yr - ₹3.5 L/yr

arrow icon 39% less
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₹2 L/yr - ₹4.5 L/yr

arrow icon 40% less
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₹2 L/yr - ₹4.5 L/yr

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₹1.4 L/yr - ₹4 L/yr

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Logo
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₹1.2 L/yr - ₹4.4 L/yr

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1 job opening
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₹2.4 L/yr - ₹6 L/yr

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₹2.4 L/yr - ₹4.1 L/yr

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₹1.2 L/yr - ₹4.7 L/yr

arrow icon 36% less
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₹2.7 L/yr - ₹5 L/yr

arrow icon 37% less
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₹3 L/yr - ₹3.9 L/yr

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₹2 L/yr - ₹3.8 L/yr

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₹2 L/yr - ₹6 L/yr

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₹1.6 L/yr - ₹4.3 L/yr

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₹2 L/yr - ₹3.1 L/yr

arrow icon 41% less
Business Development Executive salary at ICICI Lombard General Insurance Company ranges between ₹2.5 Lakhs to ₹6.9 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 128 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company Business Development Executive

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Experience wise ICICI Lombard General Insurance Company Business Development Executive salaries

Last Updated: 24 Jan 2025

Experience Avg Annual Salary
Fresher  (7 salaries)

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₹4 L/yr - ₹9.6 L/yr
1 year  (33 salaries)

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₹3.1 L/yr - ₹6.9 L/yr
2 years  (25 salaries)

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₹2.5 L/yr - ₹6.7 L/yr
3 years  (19 salaries)

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₹3 L/yr - ₹6.9 L/yr
4 years  (12 salaries)

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₹3.3 L/yr - ₹5.3 L/yr
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ICICI Lombard General Insurance Company Business Development Executive Salary and Career Growth

From

To

Business Development Executive

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0 - 8 years exp.

Vice President

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14 - 23 years exp.

Business Development Executive

0 - 8 years exp.
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Unit Sales Manager

0 - 14 years exp.
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arrow icon 9% hike

Sales Manager

1 - 14 years exp.
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arrow icon 18% hike

From

To

Business Development Executive

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0 - 8 years exp.

Deputy Vice President

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14 - 25 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

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₹3.4 L/yr - ₹7.95 L/yr
Business Development Officer Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
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₹2.5 L/yr - ₹4.7 L/yr
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₹1.05 L/yr - ₹9.1 L/yr
Business Executive Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
Inside Sales Executive Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
Area Sales Executive Salary
(AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.4 L/yr
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₹1.85 L/yr - ₹6.92 L/yr
Sales Executive Salary
(212 salaries)
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₹1.1 L/yr - ₹5 L/yr
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₹1.8 L/yr - ₹5 L/yr
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Salary related reviews for ICICI Lombard General Insurance Company

3.3

Rated by 27 employees for salary & benefits

Procurement & Supply Chain Department

1.0
  •  posted on 21 Jun 2020

2.0
 for  Salary and Benefits

Likes

As I m a former employee of this company i found that only work is important not any thing else.. They gives mental pressure to the employees which results in nervous break down. I m lucky that my family support is with me and I leave the job just after 3 months of joining because of mental torture by the boss of our vertical.. Plz don't join this company if u dont want to take mental pressure

read more

Dislikes

.... Pathetic working culture.. Pathetic boss... Pathetic company to work with. The person will get salary but also get mental pressure which can broke u up....

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 20 Jan 2022

5.0
 for  Salary and Benefits

Likes

...agers. And also I find the management is very much transparent to the employers. Company policies are good, appreciation and appraisals are fair and they give good salary hike and bouns every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

I feel work culture towards timings they have to rework ... employee in that company I felt very stretch timings towards work not able to find the timing for my personal life.

read 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

Consulting Department

4.0
  •  posted on 31 May 2022

4.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Good
  • +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. On the job training is not given to new joinees.

read more

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

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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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ICICI Lombard General Insurance Company Business Development Executive Salary FAQs

What is the salary of Business Development Executive at ICICI Lombard General Insurance Company?
Business Development Executive salary at ICICI Lombard General Insurance Company in India ranges between ₹2.5 Lakhs to ₹6.9 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 34% more than the average Business Development Executive Salary in India. Salary estimates are based on 128 latest salaries received from various employees of ICICI Lombard General Insurance Company India.
How does the salary of a Business Development Executive at ICICI Lombard General Insurance Company India compare with the average salary range for this job?
The average salary of a Business Development Executive at ICICI Lombard General Insurance Company is 34% more than the average salary of a Business Development Executive 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 Development Executive in India?
  • The New India Assurance Co. Business Development Executive Salary - ₹8.1 Lakhs to ₹12.5 Lakhs per year
What is the salary of a Business Development Executive in companies similar to ICICI Lombard General Insurance Company in India?
  • National Insurance Company Business Development Executive Salary - ₹4.5 Lakhs to ₹4.8 Lakhs per year
  • Reliance General Insurance Business Development Executive Salary - ₹2.8 Lakhs to ₹5.5 Lakhs per year
  • ICICI Prudential Life Insurance Business Development Executive Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
  • Bajaj Allianz Life Insurance Business Development Executive Salary - ₹2.4 Lakhs to ₹4.1 Lakhs per year
  • Iffco Tokio General Insurance Co. Business Development Executive Salary - ₹3.0 Lakhs to ₹3.9 Lakhs per year
What is the estimated take home salary of a Business Development Executive at ICICI Lombard General Insurance Company in India?
The estimated take-home salary of a Business Development Executive at ICICI Lombard General Insurance Company ranges between ₹39,367 per month to ₹40,542 per month in India. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Business Development Executive salary in India which ranges between ₹2.5 Lakhs to ₹6.9 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for Business Development Executive at ICICI Lombard General Insurance Company?
According to AmbitionBox, 33% of the ICICI Lombard General Insurance Company Business Development Executives reported a notice period of 3 Months, 34% reported a notice period of More than 3 months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company Business Development Executive salary in India ranges between ₹2.5 Lakhs to ₹6.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 128 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.

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