ICICI Lombard General Insurance Company Cluster Branch Manager Salaries by 20+ Employees (Updated 2025)

11 - 18 years exp.

₹8 Lakhs - ₹18.5 Lakhs

Salary of majority employees

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At par with the average Cluster Branch Manager Salary in Insurance Companies for 11 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Branch Manager Salary 11 - 17 years exp. (10 salaries)	Unlock ₹9 L/yr - ₹16.3 L/yr
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Sales & Business Development Cluster Branch Manager Salary 12 - 18 years exp. (7 salaries)	Unlock ₹13.2 L/yr - ₹18.5 L/yr

Last Updated: 23 Jun 2024

Companies similar to ICICI Lombard General Insurance Company for Cluster Branch Manager

Company name	Avg Annual Salary	Open Jobs
Reliance General Insurance Cluster Branch Manager Salary 15 - 18 years exp. (5 salaries)	Unlock ₹10 L/yr - ₹18.2 L/yr 1% more
Tata AIG Cluster Branch Manager Salary 10 - 16 years exp. (15 salaries)	Unlock ₹10.8 L/yr - ₹16.5 L/yr 5% less
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Canara HSBC Life Insurance Cluster Branch Manager Salary 6 - 15 years exp. (24 salaries)	Unlock ₹5.5 L/yr - ₹12.1 L/yr 40% less
Axis Max Life Insurance Cluster Branch Manager Salary 5 - 9 years exp. (5 salaries)	Unlock ₹7.2 L/yr - ₹10 L/yr 40% less
Bajaj Allianz Life Insurance Cluster Branch Manager Salary 17 - 20 years exp. (4 salaries)	Unlock ₹7 L/yr - ₹14.5 L/yr 25% less
HDFC Life Cluster Branch Manager Salary 5 - 11 years exp. (4 salaries)	Unlock ₹6.7 L/yr - ₹10 L/yr 39% less

Cluster Branch Manager salary at ICICI Lombard General Insurance Company ranges between ₹8 Lakhs to ₹18.5 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 20 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company Cluster Branch Manager

6mo ago

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12 years exp.

1y ago

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15 years exp.

1y ago

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12 years exp.

1y ago

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14 years exp.

1y ago

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14 years exp.

1y ago

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17 years exp.

1y ago

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15 years exp.

1y ago

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17 years exp.

1y ago

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15 years exp.

1y ago

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14 years exp.

Experience wise ICICI Lombard General Insurance Company Cluster Branch Manager salaries

Last Updated: 23 Jun 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	Unlock ₹9 L/yr - ₹24.1 L/yr
12 years (3 salaries)	Unlock ₹13 L/yr - ₹15 L/yr
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13 years (AmbitionBox Estimate)	Unlock ₹9.9 L/yr - ₹24.3 L/yr
14 years (6 salaries)	Unlock ₹8 L/yr - ₹18.5 L/yr
15+ years (9 salaries)	Unlock ₹11.3 L/yr - ₹17.5 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

Senior Branch Manager Salary

(24 salaries)

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₹8.5 L/yr - ₹14.1 L/yr

Deputy Branch Manager Salary

(AmbitionBox Estimate)

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₹5.3 L/yr - ₹6.8 L/yr

Cluster Manager Salary

(17 salaries)

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₹3.84 L/yr - ₹10.9 L/yr

Assistant Branch Manager Salary

(5 salaries)

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₹5.5 L/yr - ₹6.5 L/yr

Branch Manager Salary

(215 salaries)

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₹4.5 L/yr - ₹13 L/yr

Area Sales Manager Salary

(198 salaries)

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₹7.6 L/yr - ₹22.36 L/yr

Regional Manager Salary

(30 salaries)

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₹7.25 L/yr - ₹19.85 L/yr

Area Manager Salary

(74 salaries)

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₹6.8 L/yr - ₹18.5 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.6 L/yr

Chief Manager Salary

(463 salaries)

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₹9.46 L/yr - ₹23 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

4.0

Rated by 4 employees for salary & benefits

Branch Manager in Haldwani

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.

Job security - Bad

+3 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

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.

Chief Manager in Mumbai

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.

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.

Promotions - Poor

Area Manager in Coimbatore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 Mar 2024

2.0

for Salary and Benefits

Likes

Good organization but motor claim department having lot of work load and there is very much biased in ratings and promotion

Dislikes

...year of my carrier I got only one promotion and one good ratings Started with 2.4 lakh and ended with 8 lakhs package per annum

Salary - Poor

+6 more

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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ICICI Lombard General Insurance Company Cluster Branch Manager Salary FAQs

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

Cluster Branch Manager salary at ICICI Lombard General Insurance Company in India ranges between ₹8.0 Lakhs to ₹18.5 Lakhs for experience between 11 years to 18 years. According to our estimates it is 4% less than the average Cluster Branch Manager Salary in India. Salary estimates are based on 20 latest salaries received from various employees of ICICI Lombard General Insurance Company India.

How does the salary of a Cluster Branch Manager at ICICI Lombard General Insurance Company India compare with the average salary range for this job?

The average salary of a Cluster Branch Manager at ICICI Lombard General Insurance Company is 4% less than the average salary of a Cluster Branch Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Lombard General Insurance Company to a Cluster Branch Manager in India?

Reliance General Insurance Cluster Branch Manager Salary - ₹10.0 Lakhs to ₹18.2 Lakhs per year

What is the salary of a Cluster Branch Manager in companies similar to ICICI Lombard General Insurance Company in India?

Tata AIG Cluster Branch Manager Salary - ₹10.8 Lakhs to ₹16.5 Lakhs per year
Bajaj Allianz Life Insurance Cluster Branch Manager Salary - ₹7.0 Lakhs to ₹14.5 Lakhs per year
HDFC Life Cluster Branch Manager Salary - ₹6.7 Lakhs to ₹10.0 Lakhs per year
Axis Max Life Insurance Cluster Branch Manager Salary - ₹7.2 Lakhs to ₹10.0 Lakhs per year
Canara HSBC Life Insurance Cluster Branch Manager Salary - ₹5.5 Lakhs to ₹12.1 Lakhs per year

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

The estimated take-home salary of a Cluster Branch Manager at ICICI Lombard General Insurance Company ranges between ₹95,247 per month to ₹97,814 per month in India. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Cluster Branch Manager salary in India which ranges between ₹8.0 Lakhs to ₹18.5 Lakhs per year for employees with experience between 11 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Cluster Branch Manager at ICICI Lombard General Insurance Company?

According to AmbitionBox, 73% of the ICICI Lombard General Insurance Company Cluster Branch Managers reported a notice period of 3 Months, 18% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company Cluster Branch Manager Salaries by Location

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ICICI Lombard General Insurance Company Cluster Branch Manager Salaries

ICICI Lombard General Insurance Company Cluster Branch Manager salary in India ranges between ₹8 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.

ICICI Lombard General Insurance Company Cluster Branch Manager salaries in India

Companies similar to ICICI Lombard General Insurance Company for Cluster Branch Manager

Latest annual salaries shared by ICICI Lombard General Insurance Company Cluster Branch Manager

Experience wise ICICI Lombard General Insurance Company Cluster Branch Manager salaries

Similar Designation salaries in ICICI Lombard General Insurance Company

Salary related reviews for ICICI Lombard General Insurance Company

Branch Manager in Haldwani

Chief Manager in Mumbai

Associate Vice President in Bangalore / Bengaluru

Chief Manager in Mumbai

Area Manager in Coimbatore

ICICI Lombard General Insurance Company Cluster Branch Manager Salary FAQs

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ICICI Lombard General Insurance Company Cluster Branch Manager Salaries by Location