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3.7

based on 4.6k Reviews

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

Annual salary range
14 - 23 years exp.
₹22 Lakhs - ₹56 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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28% more than the average Deputy Vice President Salary in Insurance Companies for 14 - 23 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
Deputy Vice President Salary
18 - 21 years exp. (13 salaries)
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₹26 L/yr - ₹55 L/yr

BFSI, Investments & Trading
Deputy Vice President Salary
14 - 22 years exp. (9 salaries)
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₹30 L/yr - ₹56 L/yr

Strategic & Top Management
Deputy Vice President Salary
15 - 21 years exp. (8 salaries)
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₹26 L/yr - ₹50 L/yr

Finance & Accounting
Deputy Vice President Salary
14 - 20 years exp. (7 salaries)
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₹33.7 L/yr - ₹43.7 L/yr

Customer Success, Service & Operations
Deputy Vice President Salary
16 - 23 years exp. (4 salaries)
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₹35 L/yr - ₹55 L/yr

View all

Last Updated: 2 Apr 2025

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

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ICICI Lombard General Insurance Company Deputy Vice President Salary

14 - 23 years exp. (59 salaries)
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₹22 L/yr - ₹56 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Kotak Mahindara Life Insurance Deputy Vice President Salary

11 - 20 years exp. (67 salaries)
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₹13 L/yr - ₹44 L/yr

arrow icon 29% less
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Tata AIG Deputy Vice President Salary

10 - 22 years exp. (34 salaries)
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₹19.5 L/yr - ₹43 L/yr

arrow icon 28% less
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SBI General Insurance Deputy Vice President Salary

17 - 28 years exp. (9 salaries)
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₹33.8 L/yr - ₹49 L/yr

arrow icon 2% less
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Reliance General Insurance Deputy Vice President Salary

16 - 19 years exp. (4 salaries)
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₹22.7 L/yr - ₹50 L/yr

arrow icon 20% less
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Aditya Birla Sun Life Insurance Deputy Vice President Salary

14 - 18 years exp. (3 salaries)
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₹27.7 L/yr - ₹55 L/yr

arrow icon 4% less
Deputy Vice President salary at ICICI Lombard General Insurance Company ranges between ₹22 Lakhs to ₹56 Lakhs per year for employees with experience between 14 years to 23 years. Salary estimates are based on 59 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 in Mumbai

1w ago
₹41 Lakhs
21 years exp.
1w ago
₹35.5 Lakhs
20 years exp.
1w ago
₹50 Lakhs
16 years exp.
1mo ago
₹27.5 Lakhs
20 years exp.
2mo ago
₹56 Lakhs
22 years exp.
2mo ago
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22 years exp.
3mo ago
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19 years exp.
4mo ago
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15 years exp.
5mo ago
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14 years exp.
5mo ago
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20 years exp.

Experience wise ICICI Lombard General Insurance Company Deputy Vice President salaries in Mumbai

Last Updated: 2 Apr 2025

Experience Avg Annual Salary
14 years  (4 salaries)

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₹22 L/yr - ₹45 L/yr
15+ years  (55 salaries)

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₹26 L/yr - ₹56 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

Associate Vice President Salary
(123 salaries)
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₹15 L/yr - ₹37.5 L/yr
Deputy Manager Salary
(9 salaries)
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₹4.65 L/yr - ₹11 L/yr
Branch Manager Salary
(8 salaries)
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₹6 L/yr - ₹12 L/yr
Assistant Vice President Salary
(7 salaries)
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₹14.2 L/yr - ₹31 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

3.6

Rated by 7 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.

read more
  • 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

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

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.

read more
  • 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.

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

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

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

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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 in Mumbai?
The average salary of a Deputy Vice President at ICICI Lombard General Insurance Company in Mumbai typically ranges from ₹22.0 Lakhs to ₹56.0 Lakhs per year, depending on experience (from 14 years to 23 years).

The top 10% of Deputy Vice President in Mumbai at ICICI Lombard General Insurance Company earn more than ₹51.6 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 50+ 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 Mumbai?
The estimated take-home salary of a Deputy Vice President at ICICI Lombard General Insurance Company in Mumbai typically ranges from ₹2,51,374 to ₹2,61,603 per month. This is based on the average salary range of ₹22.0 Lakhs to ₹56.0 Lakhs per year for employees with experience ranging from 14 years to 23 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 50+ 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 in Mumbai?
To be a Deputy Vice President at ICICI Lombard General Insurance Company in Mumbai, 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.
What is the salary of a Deputy Vice President in companies similar to ICICI Lombard General Insurance Company in Mumbai?
The salary of a Deputy Vice President at companies similar to ICICI Lombard General Insurance Company in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI General Insurance ₹33.8 Lakhs to ₹49.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹27.7 Lakhs to ₹55.0 Lakhs per year
Reliance General Insurance ₹22.7 Lakhs to ₹50.0 Lakhs per year
Tata AIG ₹19.5 Lakhs to ₹43.0 Lakhs per year
Kotak Mahindara Life Insurance ₹13.0 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 Mumbai?
The salary growth for a Deputy Vice President at ICICI Lombard General Insurance Company in Mumbai depends on factors such as experience, performance, and promotions. On average, a Deputy Vice President in Mumbai can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
14 years ₹22.0 Lakhs to ₹45.0 Lakhs per year
15 years ₹26.0 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 Mumbai ranges between ₹22 Lakhs to ₹56 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 59 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.