ICICI Lombard General Insurance Company New Delhi Claims Manager Salaries by 7 Employees

4 - 10 years exp.

₹4.1 Lakhs - ₹8 Lakhs

Avg. annual salary

Monthly In-hand Salary

13% more than the average Claims Manager Salary in Insurance Companies for 4 - 10 years of experience

Interested in this particular role?

Last Updated: 27 Jan 2024

Companies similar to ICICI Lombard General Insurance Company for Claims Manager in New Delhi

ICICI Lombard General Insurance Company Claims Manager Salary

4 - 10 years exp. (7 salaries)

₹4.1 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Claims Manager Salary 7 - 13 years exp. (5 salaries)	₹3.6 L/yr - ₹7.7 L/yr 6% less
Care Health Insurance Claims Manager Salary 0 - 9 years exp. (131 salaries)	₹2 L/yr - ₹7.5 L/yr 21% less
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HDFC Ergo General Insurance Claims Manager Salary 1 - 14 years exp. (9 salaries)	₹4.6 L/yr - ₹12.5 L/yr 32% more
Calibrated Healthcare Systems Claims Manager Salary 17 - 20 years exp. (4 salaries)	₹6.8 L/yr - ₹8.6 L/yr 26% more
Religare Claims Manager Salary 2 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹5.8 L/yr 15% less

Claims Manager salary at ICICI Lombard General Insurance Company ranges between ₹4.1 Lakhs to ₹8 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Experience wise ICICI Lombard General Insurance Company Claims Manager salaries in New Delhi

Last Updated: 27 Jan 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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6 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
8 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
9 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
10 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr

View all

Similar Designation salaries in ICICI Lombard General Insurance Company

Chief Manager Salary

(59 salaries)

₹10 L/yr - ₹22 L/yr

Relationship Manager Salary

(38 salaries)

₹2.7 L/yr - ₹7 L/yr

Team Lead Salary

(24 salaries)

₹1.1 L/yr - ₹5 L/yr

Insurance Manager Salary

(6 salaries)

₹3.8 L/yr - ₹8 L/yr

Claims Executive Salary

(3 salaries)

₹4.1 L/yr - ₹6.45 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

3.0

Rated by 2 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 in New Delhi?

The average salary of a Claims Manager at ICICI Lombard General Insurance Company in New Delhi typically ranges from ₹4.1 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Claims Manager in New Delhi at ICICI Lombard General Insurance Company earn more than ₹8.0 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 7 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 New Delhi?

The estimated take-home salary of a Claims Manager at ICICI Lombard General Insurance Company in New Delhi typically ranges from ₹45,201 to ₹46,288 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 4 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 7 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 in New Delhi?

To be a Claims Manager at ICICI Lombard General Insurance Company in New Delhi, 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?

HDFC Ergo General Insurance	₹4.6 Lakhs to ₹12.5 Lakhs per year
Calibrated Healthcare Systems	₹6.8 Lakhs to ₹8.6 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 Claims Manager in companies similar to ICICI Lombard General Insurance Company in New Delhi?

The salary of a Claims Manager at companies similar to ICICI Lombard General Insurance Company in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Health & Allied Insurance	₹3.6 Lakhs to ₹7.7 Lakhs per year
Religare	₹3.6 Lakhs to ₹5.8 Lakhs per year
Care Health Insurance	₹2.0 Lakhs to ₹7.5 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 New Delhi?

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

Experience	Average Salary Range
4 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
5 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
6 years	₹5.2 Lakhs to ₹6.7 Lakhs per year
7 years	₹5.5 Lakhs to ₹7.0 Lakhs per year

and so on.

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ICICI Lombard General Insurance Company Claims Manager Salaries in New Delhi

ICICI Lombard General Insurance Company Claims Manager salary in New Delhi ranges between ₹4.1 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.