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ICICI Lombard General Insurance Company Cluster Business Manager salaries in India

Annual salary range
15 - 20 years exp.
₹16.7 Lakhs - ₹19 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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55% more than the average Cluster Business Manager Salary in Insurance Companies for 15 - 20 years of experience

Interested in this particular role?

Last Updated: 16 Jul 2024

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

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HDFC Life Cluster Business Manager Salary

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₹6.8 L/yr - ₹27.5 L/yr

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Cluster Business Manager salary at ICICI Lombard General Insurance Company ranges between ₹16.7 Lakhs to ₹19 Lakhs per year for employees with experience between 15 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Lombard General Insurance Company.

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

6mo ago
₹19 Lakhs
20 years exp.
1y ago
₹17.3 Lakhs
17 years exp.
1y ago
₹16.7 Lakhs
15 years exp.

Experience wise ICICI Lombard General Insurance Company Cluster Business Manager salaries

Last Updated: 16 Jul 2024

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹16.7 L/yr - ₹19 L/yr

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Salary related reviews for ICICI Lombard General Insurance Company

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 23 Dec 2024

3.0
 for  Salary and Benefits

Likes

Nothing as such, only u got salary on time

  • Job security - Good

Dislikes

Everything is worth from the top level to bottom level no one is supportive even HR's only listen to top level like your manager you are reporting to ... No appraisal no hike nothing specially for campus hire.. If you r fresher so definitely you will get 5 rating and no hike ,even you did too good in terms of business... No one will listen your point , top level is always right here

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 12 Sep 2024

3.0
 for  Salary and Benefits

Likes

Company managers are better for support to business and work . Work culture is better than other companies.

  • Work-life balance - Good

Dislikes

...med employees instead of new appointed freshers or other newly joined employees. If any vacancy generate as BM or any senior manager, HR appointed new candidate from other company with higher package instead of given chance to their old employees.

read more
  • Skill development - Poor
  • +3 more

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

 · 

Sales & Business Development Department

1.0
  •  posted on 01 Nov 2023

1.0
 for  Salary and Benefits

Likes

There was nothing to like there.

Dislikes

They don't give balance salary if you leave the organisation. They make you work for them free for 45 days. Incentives are not given. Fake people and fake support is given. Never work there and if working take their laptops and run away.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 29 Apr 2022

3.0
 for  Salary and Benefits

Likes

Company policies for front sales employee is nothing for career growth. Only management will grow and they will get everything for free like hike bonus. If you joined in Zonal Level profile everything will get to you but if you are in front sales only upper management will give good example how to grow in life.

read more
  • Job security - Good
  • +2 more

Dislikes

Career growth is nothing here.

see more salary related reviews

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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 Cluster Business Manager Salary FAQs

What is the salary of Cluster Business Manager at ICICI Lombard General Insurance Company ?
The average salary of a Cluster Business Manager at ICICI Lombard General Insurance Company in India typically ranges from ₹16.7 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 15 years to 20 years).

The top 10% of Cluster Business Manager at ICICI Lombard General Insurance Company earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Cluster Business 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 4 ICICI Lombard General Insurance Company employees in India.
What is the estimated take home salary of a Cluster Business Manager at ICICI Lombard General Insurance Company in India?
The estimated take-home salary of a Cluster Business Manager at ICICI Lombard General Insurance Company in India typically ranges from ₹1,18,602 to ₹1,21,925 per month. This is based on the average salary range of ₹16.7 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 15 years to 20 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 4 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 is the salary of a Cluster Business Manager in companies similar to ICICI Lombard General Insurance Company in India?
The salary of a Cluster Business 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:

AU Small Finance Bank ₹6.8 Lakhs to ₹27.5 Lakhs per year
Reliance General Insurance ₹6.0 Lakhs to ₹15.5 Lakhs per year
HDFC Life ₹7.5 Lakhs to ₹10.5 Lakhs per year
Canara HSBC Life Insurance ₹4.5 Lakhs to ₹13.0 Lakhs per year
Reliance Nippon Life Insurance ₹5.8 Lakhs to ₹7.0 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 Cluster Business Manager at ICICI Lombard General Insurance Company in India?
The salary growth for a Cluster Business Manager at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Cluster Business Manager can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
15 years ₹16.7 Lakhs to ₹19.0 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Cluster Business Manager salary in India ranges between ₹16.7 Lakhs to ₹19 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.