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ICICI Lombard General Insurance Company Chief Manager salaries in India (Updated 2025)

Annual salary range
3 - 19 years exp.
₹10 Lakhs - ₹23 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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26% less than the average Chief Manager Salary in Insurance Companies for 3 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Chief Manager Salary
3 - 18 years exp. (108 salaries)
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₹10 L/yr - ₹21.5 L/yr

Sales & Business Development
Chief Manager Salary
3 - 19 years exp. (102 salaries)
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₹10 L/yr - ₹23 L/yr

Product Management
Chief Manager Salary
3 - 17 years exp. (30 salaries)
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₹12.5 L/yr - ₹22 L/yr

Marketing & Communication
Chief Manager Salary
4 - 19 years exp. (26 salaries)
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₹11 L/yr - ₹19.8 L/yr

Customer Success, Service & Operations
Chief Manager Salary
6 - 18 years exp. (20 salaries)
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₹10.5 L/yr - ₹21 L/yr

View all

Last Updated: 31 Mar 2025

Companies similar to ICICI Lombard General Insurance Company for Chief Manager

Company name Avg Annual Salary Open Jobs
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₹5.2 L/yr - ₹18.5 L/yr

arrow icon 33% less
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Tata AIG Chief Manager Salary

1 - 14 years exp. (288 salaries)

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₹8.8 L/yr - ₹28.5 L/yr

arrow icon 4% more
2 job openings
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HDFC Life Chief Manager Salary

5 - 20 years exp. (203 salaries)

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₹14 L/yr - ₹31 L/yr

arrow icon 40% more
2 job openings
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Axis Max Life Insurance Chief Manager Salary

13 - 20 years exp. (137 salaries)

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₹11.9 L/yr - ₹42 L/yr

arrow icon 43% more
4 job openings
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₹7 L/yr - ₹25 L/yr

arrow icon 13% less
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₹14.5 L/yr - ₹41.6 L/yr

arrow icon 75% more
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₹12.5 L/yr - ₹38 L/yr

arrow icon 59% more
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SBI General Insurance Chief Manager Salary

4 - 20 years exp. (60 salaries)

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₹11.5 L/yr - ₹21 L/yr

arrow icon 3% more
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₹15 L/yr - ₹27 L/yr

arrow icon 25% more
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PNB MetLife Chief Manager Salary

6 - 16 years exp. (56 salaries)

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₹14 L/yr - ₹30.6 L/yr

arrow icon 46% more
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₹13 L/yr - ₹38 L/yr

arrow icon 47% more
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Reliance General Insurance Chief Manager Salary

10 - 20 years exp. (46 salaries)

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₹9.8 L/yr - ₹24 L/yr

At par
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₹6.6 L/yr - ₹23.6 L/yr

arrow icon 15% less
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₹8 L/yr - ₹25 L/yr

arrow icon 13% more
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₹17 L/yr - ₹40 L/yr

arrow icon 85% more
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Gallagher Chief Manager Salary

7 - 13 years exp. (3 salaries)

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₹15 L/yr - ₹17.5 L/yr

arrow icon 2% more
Chief Manager salary at ICICI Lombard General Insurance Company ranges between ₹10 Lakhs to ₹23 Lakhs per year for employees with experience between 3 years to 19 years. Salary estimates are based on 480 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company Chief Manager

2d ago
₹10.5 Lakhs
12 years exp.
3d ago
₹14.5 Lakhs
4 years exp.
6d ago
₹15.3 Lakhs
4 years exp.
1w ago
₹21.2 Lakhs
4 years exp.
1w ago
₹18 Lakhs
8 years exp.
1w ago
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17 years exp.
1w ago
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4 years exp.
2w ago
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15 years exp.
2w ago
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13 years exp.
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14 years exp.

Experience wise ICICI Lombard General Insurance Company Chief Manager salaries

Last Updated: 31 Mar 2025

Experience Avg Annual Salary
3 years  (29 salaries)

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₹13.5 L/yr - ₹20 L/yr
4 years  (35 salaries)

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₹13 L/yr - ₹23 L/yr
5 years  (32 salaries)

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₹11.5 L/yr - ₹21 L/yr
6 years  (30 salaries)

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₹11 L/yr - ₹20 L/yr
7 years  (20 salaries)

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₹10.5 L/yr - ₹20 L/yr
View all

Similar Designation salaries in ICICI Lombard General Insurance Company

Area Manager Salary
(43 salaries)
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₹6.8 L/yr - ₹20 L/yr
Sales Manager Salary
(567 salaries)
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₹2 L/yr - ₹11.31 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr
Cluster Manager Salary
(15 salaries)
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₹3.84 L/yr - ₹11 L/yr
Branch Manager Salary
(213 salaries)
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₹5 L/yr - ₹13 L/yr
Deputy Manager Salary
(15 salaries)
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₹4.65 L/yr - ₹13.25 L/yr
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₹5.6 L/yr - ₹14 L/yr
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₹1.8 L/yr - ₹9 L/yr
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₹5.95 L/yr - ₹22.36 L/yr
Sales Officer Salary
(171 salaries)
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₹0.85 L/yr - ₹4 L/yr

Top skills at ICICI Lombard General Insurance Company for Chief Manager

Team Handling Operations Management General Insurance Team Management Leadership People Management Skills Sales call center inbound Capacity Planning Insurance Sales Workforce Management WFM MIS Reporting Service Quality

Salary related reviews for ICICI Lombard General Insurance Company

3.5

Rated by 54 employees for salary & benefits

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

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 04 Oct 2023

4.0
 for  Salary and Benefits

Likes

The company is extremely customer-friendly and open to accept new technology. The amount of efforts put in creating better customer experience is superb.

read more
  • Salary - Good
  • +1 more

Dislikes

When it comes to appraisals and salary increments, it is not transparent. They have a poor appraisal system and it is heavily partial.

read more
  • Promotions - Poor

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

 · 

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

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What people are saying about ICICI Lombard General Insurance Company

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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 Chief Manager Salary FAQs

What is the salary of Chief Manager at ICICI Lombard General Insurance Company ?
The average salary of a Chief Manager at ICICI Lombard General Insurance Company in India typically ranges from ₹10.0 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 3 years to 19 years).

The top 10% of Chief Manager at ICICI Lombard General Insurance Company earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹21.8 Lakhs per year. Chief 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 400+ ICICI Lombard General Insurance Company employees in India.
What is the estimated take home salary of a Chief Manager at ICICI Lombard General Insurance Company in India?
The estimated take-home salary of a Chief Manager at ICICI Lombard General Insurance Company in India typically ranges from ₹1,11,319 to ₹1,14,406 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 3 years to 19 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 400+ 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 Chief Manager at ICICI Lombard General Insurance Company ?
To be a Chief Manager at ICICI Lombard General Insurance Company in india, the key skills required include:

  • - Team Handling
  • - Operations Management
  • - General Insurance
  • - Team Management
  • - Leadership

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 Chief Manager in India?
SBI Life Insurance Company ₹17.0 Lakhs to ₹40.0 Lakhs per year
ICICI Prudential Life Insurance ₹14.5 Lakhs to ₹41.6 Lakhs per year
Bajaj Allianz Life Insurance ₹12.5 Lakhs to ₹38.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹13.0 Lakhs to ₹38.0 Lakhs per year
PNB MetLife ₹14.0 Lakhs to ₹30.6 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 Chief Manager in companies similar to ICICI Lombard General Insurance Company in India?
The salary of a Chief Manager 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:

Axis Max Life Insurance ₹11.9 Lakhs to ₹42.0 Lakhs per year
HDFC Life ₹14.0 Lakhs to ₹31.0 Lakhs per year
Iffco Tokio General Insurance Co. ₹15.0 Lakhs to ₹27.0 Lakhs per year
Life Insurance Corporation of India ₹8.0 Lakhs to ₹25.0 Lakhs per year
Tata AIG ₹8.8 Lakhs to ₹28.5 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 Chief Manager at ICICI Lombard General Insurance Company in India?
The salary growth for a Chief Manager at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Chief Manager can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
3 years ₹13.5 Lakhs to ₹20.0 Lakhs per year
4 years ₹13.0 Lakhs to ₹23.0 Lakhs per year
5 years ₹11.5 Lakhs to ₹21.0 Lakhs per year
6 years ₹11.0 Lakhs to ₹20.0 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Chief Manager salary in India ranges between ₹10 Lakhs to ₹23 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 480 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.