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ICICI Lombard General Insurance Company Claims Associate salaries in Mumbai

Annual salary range
0 - 11 years exp.
₹2 Lakhs - ₹5.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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36% more than the average Claims Associate Salary in Insurance Companies for 0 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Claims Associate Salary
0 - 10 years exp. (5 salaries)
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₹2 L/yr - ₹5.2 L/yr

Customer Success, Service & Operations
Claims Associate Salary
11 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹5.2 L/yr

Last Updated: 22 Oct 2024

Companies similar to ICICI Lombard General Insurance Company for Claims Associate in Mumbai

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ICICI Lombard General Insurance Company Claims Associate Salary

0 - 11 years exp. (6 salaries)

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₹2 L/yr - ₹5.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.7 L/yr - ₹3.9 L/yr

arrow icon 16% less
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₹2 L/yr - ₹2.2 L/yr

arrow icon 49% less
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Accenture Claims Associate Salary

0 - 5 years exp. (27 salaries)

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₹1.4 L/yr - ₹4.7 L/yr

arrow icon 34% less
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Willis Towers Watson Claims Associate Salary

1 - 5 years exp. (6 salaries)

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₹3 L/yr - ₹4.8 L/yr

arrow icon 8% less
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Wipro Claims Associate Salary

1 - 4 years exp. (6 salaries)

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₹1.8 L/yr - ₹3.1 L/yr

arrow icon 40% less
Claims Associate salary at ICICI Lombard General Insurance Company ranges between ₹2 Lakhs to ₹5.2 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 6 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company Claims Associate in Mumbai

5mo ago
₹5.2 Lakhs
11 years exp.
1y ago
₹5.2 Lakhs
10 years exp.
1y ago
₹2.4 Lakhs
8 months exp.

Experience wise ICICI Lombard General Insurance Company Claims Associate salaries in Mumbai

Last Updated: 22 Oct 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.4 L/yr
1 year (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
2 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
View all

Similar Designation salaries in ICICI Lombard General Insurance Company

Team Lead Salary
(36 salaries)
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₹1.05 L/yr - ₹8.2 L/yr
Quality Analyst Salary
(18 salaries)
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₹2.92 L/yr - ₹6.75 L/yr
Senior Officer Salary
(10 salaries)
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₹2.55 L/yr - ₹3.8 L/yr
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₹4 L/yr - ₹6.5 L/yr
Analyst Salary
(8 salaries)
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₹4 L/yr - ₹17.8 L/yr

Top skills at ICICI Lombard General Insurance Company for Claims Associate

Claims Processing Maintenance

Salary related reviews for ICICI Lombard General Insurance Company

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

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 18 May 2023

2.0
 for  Salary and Benefits

Likes

Only the good part is job security

  • Job security - Good

Dislikes

...urism, no promotion and good appraisal if you are not your superior's favourite. New joiners are paid very good salary good hike and old employees are not valued

read more
  • Salary - Poor
  • +3 more

Marketing & Communication Department

2.0
  •  posted on 12 Oct 2021

1.0
 for  Salary and Benefits

Likes

...g queue for tea and coffee because tea and coffee is available for limited time. salary is not good. They pay for a 9:30 hours but actually they take your 11 hours for work only and not even giving a overtime incentive. there is no career growth. But yes i was lucky because my team leader and Teammates are very supportive and caring. I meet so many people in lombard and realize no one is happy everyone is working because they want to gain experience and icici lombard is a big name so they can find a better job and i think lombard is already known this that's why they give a very less basic salary and quarterly incentives.

read more

Dislikes

They dont value There employees

  • Salary - Bad
  • +6 more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 25 Mar 2025

3.0
 for  Salary and Benefits

Likes

There is several departments, i was working in ( CRT Department ), i had good experience at icici Lombard, if you are completing your on time so no one will force you for OT, if you want leave so you will have to inform few days back to your reporting person and your leave will be approved, we had office outing also, i had been there for 1 year i haven't felt any office politics.

read more
  • Job security - Excellent
  • +4 more

Dislikes

Less salary IJP after 18 months No gift or sweet in diwali Less salary hike

read more
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ICICI Lombard General Insurance Company Claims Associate Salary FAQs

What is the salary of Claims Associate at ICICI Lombard General Insurance Company in Mumbai?
The average salary of a Claims Associate at ICICI Lombard General Insurance Company in Mumbai typically ranges from ₹2.0 Lakhs to ₹5.2 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Claims Associate in Mumbai at ICICI Lombard General Insurance Company earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Claims Associate 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 6 ICICI Lombard General Insurance Company employees in India.
What is the estimated take home salary of a Claims Associate at ICICI Lombard General Insurance Company in Mumbai?
The estimated take-home salary of a Claims Associate at ICICI Lombard General Insurance Company in Mumbai typically ranges from ₹31,232 to ₹32,528 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from Fresher to 11 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 6 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 Claims Associate at ICICI Lombard General Insurance Company in Mumbai?
To be a Claims Associate at ICICI Lombard General Insurance Company in Mumbai, the key skills required include:

  • - Claims Processing
  • - Maintenance

These skills are highly valued at ICICI Lombard General Insurance Company and are crucial for successful performance in a Software Engineering role.
What is the salary of a Claims Associate in companies similar to ICICI Lombard General Insurance Company in Mumbai?
The salary of a Claims Associate at companies similar to ICICI Lombard General Insurance Company in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Willis Towers Watson ₹3.0 Lakhs to ₹4.8 Lakhs per year
ICICI Prudential Life Insurance ₹2.7 Lakhs to ₹3.9 Lakhs per year
Accenture ₹1.4 Lakhs to ₹4.7 Lakhs per year
Wipro ₹1.8 Lakhs to ₹3.1 Lakhs per year
Iffco Tokio General Insurance Co. ₹2.0 Lakhs to ₹2.2 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 Claims Associate at ICICI Lombard General Insurance Company in Mumbai?
The salary growth for a Claims Associate at ICICI Lombard General Insurance Company in Mumbai depends on factors such as experience, performance, and promotions. On average, a Claims Associate in Mumbai can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
Fresher ₹2.7 Lakhs to ₹3.4 Lakhs per year
1 year ₹2.8 Lakhs to ₹3.6 Lakhs per year
2 years ₹3.0 Lakhs to ₹3.9 Lakhs per year
3 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Claims Associate salary in Mumbai ranges between ₹2 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.