ICICI Lombard General Insurance Company Claims Manager Salaries by 40+ Employees (Updated 2025)

3 - 10 years exp.

₹2.7 Lakhs - ₹8 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% less than the average Claims Manager Salary in Insurance Companies for 3 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Claims Manager Salary 4 - 9 years exp. (15 salaries)	₹3.9 L/yr - ₹8 L/yr
Customer Success, Service & Operations Claims Manager Salary 4 - 10 years exp. (14 salaries)	₹2.7 L/yr - ₹6.4 L/yr
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Production, Manufacturing & Engineering Claims Manager Salary 4 - 7 years exp. (4 salaries)	₹3.8 L/yr - ₹6.1 L/yr
Risk Management & Compliance Claims Manager Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹7.5 L/yr

Last Updated: 19 Mar 2025

Companies similar to ICICI Lombard General Insurance Company for Claims Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIG Claims Manager Salary 0 - 9 years exp. (79 salaries)	₹3 L/yr - ₹8.7 L/yr 22% more
Reliance General Insurance Claims Manager Salary 5 - 12 years exp. (42 salaries)	₹3 L/yr - ₹10 L/yr 8% more
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Star Health & Allied Insurance Claims Manager Salary 2 - 13 years exp. (24 salaries)	₹2.2 L/yr - ₹9 L/yr 8% more
SBI General Insurance Claims Manager Salary 4 - 13 years exp. (8 salaries)	₹4.6 L/yr - ₹11.5 L/yr 39% more
HDFC Life Claims Manager Salary 5 - 17 years exp. (6 salaries)	₹7 L/yr - ₹14.4 L/yr 109% more
ICICI Prudential Life Insurance Claims Manager Salary 4 - 16 years exp. (5 salaries)	₹7.8 L/yr - ₹10 L/yr 59% more
Tata AIA Life Insurance Claims Manager Salary 5 - 17 years exp. (4 salaries)	₹8.6 L/yr - ₹12 L/yr 109% more
Iffco Tokio General Insurance Co. Claims Manager Salary 11 - 12 years exp. (4 salaries)	₹8.1 L/yr - ₹10.8 L/yr 64% more
Bajaj Allianz Life Insurance Claims Manager Salary 10 - 13 years exp. (4 salaries)	₹11.5 L/yr - ₹13.1 L/yr 146% more
AXA Business Services Claims Manager Salary 13 - 18 years exp. (4 salaries)	₹18 L/yr - ₹22 L/yr 291% more
Kotak Mahindara Life Insurance Claims Manager Salary 6 - 8 years exp. (4 salaries)	₹7 L/yr - ₹8.9 L/yr 59% more
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MDIndia Health Insurance TPA Claims Manager Salary 1 - 15 years exp. (3 salaries)	₹2.8 L/yr - ₹7.4 L/yr 4% more
SBI Life Insurance Company Claims Manager Salary 16 - 20 years exp. (3 salaries)	₹12.5 L/yr - ₹15.5 L/yr 175% more
United India Insurance Company Claims Manager Salary 5 - 14 years exp. (3 salaries)	₹5 L/yr - ₹18 L/yr 128% more

Claims Manager salary at ICICI Lombard General Insurance Company ranges between ₹2.7 Lakhs to ₹8 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 46 latest salaries received from various employees of ICICI Lombard General Insurance Company.

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

3d ago

₹2.9 Lakhs

4 years exp.

6mo ago

₹6 Lakhs

7 years exp.

1y ago

₹7.5 Lakhs

9 years exp.

1y ago

₹4 Lakhs

5 years exp.

1y ago

₹5.5 Lakhs

8 years exp.

1y ago

6 years exp.

1y ago

7 years exp.

1y ago

5 years exp.

1y ago

5 years exp.

1y ago

4 years exp.

Experience wise ICICI Lombard General Insurance Company Claims Manager salaries

Last Updated: 19 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.6 L/yr
4 years (7 salaries)	₹2.7 L/yr - ₹5.3 L/yr
Login to view exact salary
5 years (6 salaries)	₹3.3 L/yr - ₹6.1 L/yr
6 years (7 salaries)	₹3.9 L/yr - ₹6.7 L/yr
7 years (8 salaries)	₹4 L/yr - ₹6.7 L/yr
8 years (5 salaries)	₹5.5 L/yr - ₹8 L/yr
9 years (9 salaries)	₹4 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹8 L/yr

View all

Similar Designation salaries in ICICI Lombard General Insurance Company

Team Manager Salary

(20 salaries)

₹2.45 L/yr - ₹11 L/yr

Chief Manager Salary

(483 salaries)

₹9.46 L/yr - ₹23 L/yr

Motor Claims Manager Salary

(6 salaries)

₹5.5 L/yr - ₹11.2 L/yr

Deputy Manager Salary

(15 salaries)

₹4.65 L/yr - ₹13.25 L/yr

Insurance Manager Salary

(15 salaries)

₹2.4 L/yr - ₹8 L/yr

Claims Service Manager Salary

(12 salaries)

₹3.5 L/yr - ₹6 L/yr

Relationship Manager Salary

(329 salaries)

₹2.5 L/yr - ₹8.6 L/yr

Claims Executive Salary

(20 salaries)

₹2.5 L/yr - ₹6.45 L/yr

Claims Specialist Salary

(4 salaries)

₹5.1 L/yr - ₹6.2 L/yr

Team Lead Salary

(126 salaries)

₹1.05 L/yr - ₹8.5 L/yr

Top skills at ICICI Lombard General Insurance Company for Claims Manager

General Insurance Health Claims MACT

Salary related reviews for ICICI Lombard General Insurance Company

2.6

Rated by 14 employees for salary & benefits

Claims Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 28 Jan 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

I was interviewed, got selected, documentations & everything were done, which took nearly 2 days, after that salary negotiations, then all of a sudden they started saying that hyderabad location won't be easier for me as I have to relocate & my residential place in hyderabad is little away from the ofc, then they started saying that they will try to relocate me to kolkata, I accepted that offer too, but after waiting for 2 days i got to know that there's no vacancy for Kolkata location also, they simply played a game with my career. And mind you, I being shortlisted after interviewing & documentations all were done unofficially on whatsApp and not on mail, I don't trust this organization any more. Please be careful before joining.

Salary - Bad

+6 more

Management Trainee in New Delhi

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

Salary - Bad

+6 more

Chief Manager in Mumbai

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

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.

Skill development - Poor

+4 more

Management Trainee in New Delhi

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.

Skill development - Bad

+3 more

Associate Vice President in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 24 Jun 2023

4.0

for Salary and Benefits

Likes

IL is company where you get freedom to work and explore. The management and line managers belive in the employee to go out of box and get the things done. Also there work life balance which is very important.

Salary - Good

+6 more

Dislikes

Salary increments are lower when compared to other Competitors.

see more salary related reviews

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What people are saying about ICICI Lombard General Insurance Company

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How to change industry

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 Claims Manager Salary FAQs

What is the salary of Claims Manager at ICICI Lombard General Insurance Company ?

The average salary of a Claims Manager at ICICI Lombard General Insurance Company in India typically ranges from ₹2.7 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Claims Manager at ICICI Lombard General Insurance Company earn more than ₹7.7 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Claims 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 40+ ICICI Lombard General Insurance Company employees in India.

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

The estimated take-home salary of a Claims Manager at ICICI Lombard General Insurance Company in India typically ranges from ₹38,480 to ₹39,668 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 3 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 40+ 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 Manager at ICICI Lombard General Insurance Company ?

To be a Claims Manager at ICICI Lombard General Insurance Company in india, the key skills required include:

- General Insurance
- Health Claims
- MACT

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 Claims Manager in India?

AXA Business Services	₹18.0 Lakhs to ₹22.0 Lakhs per year
SBI Life Insurance Company	₹12.5 Lakhs to ₹15.5 Lakhs per year
Bajaj Allianz Life Insurance	₹11.5 Lakhs to ₹13.1 Lakhs per year
United India Insurance Company	₹5.0 Lakhs to ₹18.0 Lakhs per year
HDFC Life	₹7.0 Lakhs to ₹14.4 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 Claims Manager in companies similar to ICICI Lombard General Insurance Company in India?

The salary of a Claims 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:

Tata AIA Life Insurance	₹8.6 Lakhs to ₹12.0 Lakhs per year
Iffco Tokio General Insurance Co.	₹8.1 Lakhs to ₹10.8 Lakhs per year
ICICI Prudential Life Insurance	₹7.8 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindara Life Insurance	₹7.0 Lakhs to ₹8.9 Lakhs per year
SBI General Insurance	₹4.6 Lakhs to ₹11.5 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 Claims Manager at ICICI Lombard General Insurance Company in India?

The salary growth for a Claims Manager at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Claims Manager can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience	Average Salary Range
3 years	₹3.5 Lakhs to ₹7.6 Lakhs per year
4 years	₹2.7 Lakhs to ₹5.3 Lakhs per year
5 years	₹3.3 Lakhs to ₹6.1 Lakhs per year
6 years	₹3.9 Lakhs to ₹6.7 Lakhs per year

and so on.

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ICICI Lombard General Insurance Company Claims Manager Salaries by Location

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ICICI Lombard General Insurance Company Claims Manager Salaries

ICICI Lombard General Insurance Company Claims Manager salary in India ranges between ₹2.7 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 46 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.

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

Companies similar to ICICI Lombard General Insurance Company for Claims Manager

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

Experience wise ICICI Lombard General Insurance Company Claims Manager salaries

Similar Designation salaries in ICICI Lombard General Insurance Company

Top skills at ICICI Lombard General Insurance Company for Claims Manager

Salary related reviews for ICICI Lombard General Insurance Company

Claims Manager in Hyderabad / Secunderabad

Management Trainee in New Delhi

Chief Manager in Mumbai

Management Trainee in New Delhi

Associate Vice President in Bangalore / Bengaluru

ICICI Lombard General Insurance Company Claims Manager Salary FAQs

Tell us how to improve this page.

ICICI Lombard General Insurance Company Claims Manager Salaries by Location