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ICICI Lombard General Insurance Company Deputy Vice President salaries in India (Updated 2025)

Annual salary range
14 - 25 years exp.
₹20 Lakhs - ₹56 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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16% more than the average Deputy Vice President Salary in Insurance Companies for 14 - 25 years of experience

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Salaries in different departments

Sales & Business Development
Deputy Vice President Salary
14 - 23 years exp. (36 salaries)
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₹24 L/yr - ₹55 L/yr

BFSI, Investments & Trading
Deputy Vice President Salary
14 - 22 years exp. (20 salaries)
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₹24 L/yr - ₹56 L/yr

Strategic & Top Management
Deputy Vice President Salary
15 - 21 years exp. (13 salaries)
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₹26 L/yr - ₹50 L/yr

Customer Success, Service & Operations
Deputy Vice President Salary
16 - 23 years exp. (8 salaries)
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₹24 L/yr - ₹55 L/yr

Finance & Accounting
Deputy Vice President Salary
14 - 20 years exp. (7 salaries)
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₹33.7 L/yr - ₹40 L/yr

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Last Updated: 2 Apr 2025

Companies similar to ICICI Lombard General Insurance Company for Deputy Vice President

Company name Avg Annual Salary Open Jobs
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₹11 L/yr - ₹44 L/yr

arrow icon 31% less
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Tata AIG Deputy Vice President Salary

10 - 22 years exp. (59 salaries)

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₹19.5 L/yr - ₹43 L/yr

arrow icon 27% less
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₹23 L/yr - ₹40 L/yr

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₹22.7 L/yr - ₹47 L/yr

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₹33.8 L/yr - ₹49 L/yr

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₹28 L/yr - ₹63 L/yr

arrow icon 10% more
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₹27.7 L/yr - ₹55 L/yr

arrow icon 5% more
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Gallagher Deputy Vice President Salary

8 - 12 years exp. (5 salaries)

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₹33 L/yr - ₹46 L/yr

arrow icon 2% less
Deputy Vice President salary at ICICI Lombard General Insurance Company ranges between ₹20 Lakhs to ₹56 Lakhs per year for employees with experience between 14 years to 25 years. Salary estimates are based on 121 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company Deputy Vice President

2d ago
₹41 Lakhs
21 years exp.
4d ago
₹35.5 Lakhs
20 years exp.
1w ago
₹50 Lakhs
16 years exp.
3w ago
₹27.5 Lakhs
20 years exp.
1mo ago
₹45 Lakhs
25 years exp.
1mo ago
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19 years exp.
1mo ago
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19 years exp.
2mo ago
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19 years exp.
2mo ago
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18 years exp.
2mo ago
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22 years exp.

Experience wise ICICI Lombard General Insurance Company Deputy Vice President salaries

Last Updated: 2 Apr 2025

Experience Avg Annual Salary
14 years  (8 salaries)

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₹22 L/yr - ₹50 L/yr
15+ years  (113 salaries)

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₹20 L/yr - ₹56 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

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₹14 L/yr - ₹38 L/yr
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₹14.2 L/yr - ₹31 L/yr
Deputy Branch Manager Salary
(AmbitionBox Estimate)
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₹5.3 L/yr - ₹6.8 L/yr
Deputy Manager Salary
(15 salaries)
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₹4.65 L/yr - ₹13.25 L/yr
Regional Head Salary
(4 salaries)
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₹14 L/yr - ₹25.75 L/yr
Cluster Head Salary
(13 salaries)
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₹7.75 L/yr - ₹17.5 L/yr
Branch Head Salary
(14 salaries)
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₹8 L/yr - ₹9 L/yr
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₹8.5 L/yr - ₹14.1 L/yr
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₹7.25 L/yr - ₹19.85 L/yr
Branch Manager Salary
(213 salaries)
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₹5 L/yr - ₹13 L/yr

Top skills at ICICI Lombard General Insurance Company for Deputy Vice President

Business Strategy People Management Analytical skills Project Management Business Management

Salary related reviews for ICICI Lombard General Insurance Company

3.4

Rated by 10 employees for salary & benefits

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

 · 

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

read more
  • 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.

read more
  • Skill development - Poor
  • +4 more

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.

read more
  • Salary - Good
  • +6 more

Dislikes

Salary increments are lower when compared to other Competitors.

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.

read more
  • 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.

read more
  • Promotions - Poor

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

read more

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

read more
  • Salary - Poor
  • +6 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about ICICI Lombard General Insurance Company

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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 Deputy Vice President Salary FAQs

What is the salary of Deputy Vice President at ICICI Lombard General Insurance Company ?
The average salary of a Deputy Vice President at ICICI Lombard General Insurance Company in India typically ranges from ₹20.0 Lakhs to ₹56.0 Lakhs per year, depending on experience (from 14 years to 25 years).

The top 10% of Deputy Vice President at ICICI Lombard General Insurance Company earn more than ₹50.0 Lakhs per year, and the top 1% earn over ₹56.0 Lakhs per year. Deputy Vice President 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 100+ ICICI Lombard General Insurance Company employees in India.
What is the estimated take home salary of a Deputy Vice President at ICICI Lombard General Insurance Company in India?
The estimated take-home salary of a Deputy Vice President at ICICI Lombard General Insurance Company in India typically ranges from ₹2,32,655 to ₹2,42,038 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹56.0 Lakhs per year for employees with experience ranging from 14 years to 25 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 100+ 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 Deputy Vice President at ICICI Lombard General Insurance Company ?
To be a Deputy Vice President at ICICI Lombard General Insurance Company in india, the key skills required include:

  • - Business Strategy
  • - People Management
  • - Analytical skills
  • - Project Management
  • - Business Management

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 Deputy Vice President in India?
Bajaj Allianz Life Insurance ₹28.0 Lakhs to ₹63.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹27.7 Lakhs to ₹55.0 Lakhs per year
SBI General Insurance ₹33.8 Lakhs to ₹49.0 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 Deputy Vice President in companies similar to ICICI Lombard General Insurance Company in India?
The salary of a Deputy Vice President 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:

Gallagher ₹33.0 Lakhs to ₹46.0 Lakhs per year
Canara HSBC Life Insurance ₹23.0 Lakhs to ₹40.0 Lakhs per year
Reliance General Insurance ₹22.7 Lakhs to ₹47.0 Lakhs per year
Tata AIG ₹19.5 Lakhs to ₹43.0 Lakhs per year
Kotak Mahindara Life Insurance ₹11.0 Lakhs to ₹44.0 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 Deputy Vice President at ICICI Lombard General Insurance Company in India?
The salary growth for a Deputy Vice President at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Deputy Vice President can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
14 years ₹22.0 Lakhs to ₹50.0 Lakhs per year
15 years ₹20.0 Lakhs to ₹56.0 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Deputy Vice President salary in India ranges between ₹20 Lakhs to ₹56 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 121 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.