ICICI Lombard General Insurance Company Mumbai Deputy Vice President Salaries by 50+ Employees (Updated 2025)

14 - 23 years exp.

₹22 Lakhs - ₹56 Lakhs

Salary of majority employees

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22% more than the average Deputy Vice President Salary in Insurance Companies for 14 - 23 years of experience

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Salaries in different departments

Sales & Business Development Deputy Vice President Salary 18 - 21 years exp. (13 salaries)	Unlock ₹26 L/yr - ₹55 L/yr
BFSI, Investments & Trading Deputy Vice President Salary 14 - 22 years exp. (8 salaries)	Unlock ₹30 L/yr - ₹56 L/yr
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Strategic & Top Management Deputy Vice President Salary 15 - 21 years exp. (8 salaries)	Unlock ₹26 L/yr - ₹50 L/yr
Finance & Accounting Deputy Vice President Salary 14 - 20 years exp. (7 salaries)	Unlock ₹33.7 L/yr - ₹41.7 L/yr
Customer Success, Service & Operations Deputy Vice President Salary 16 - 23 years exp. (4 salaries)	Unlock ₹35 L/yr - ₹55 L/yr

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Last Updated: 10 Mar 2025

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

ICICI Lombard General Insurance Company Deputy Vice President Salary

14 - 23 years exp. (54 salaries)

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₹22 L/yr - ₹56 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Deputy Vice President Salary 14 - 22 years exp. (73 salaries)	Unlock ₹18 L/yr - ₹48.4 L/yr 20% less
Tata AIG Deputy Vice President Salary 10 - 22 years exp. (36 salaries)	Unlock ₹19.2 L/yr - ₹45.1 L/yr 22% less
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Bharti AXA Life Insurance Deputy Vice President Salary 15 - 20 years exp. (10 salaries)	Unlock ₹34 L/yr - ₹47 L/yr 5% less
Kotak Mahindara Life Insurance Deputy Vice President Salary 13 - 20 years exp. (56 salaries)	Unlock ₹12.6 L/yr - ₹44 L/yr 28% less
SBI General Insurance Deputy Vice President Salary 17 - 28 years exp. (9 salaries)	Unlock ₹33.8 L/yr - ₹49 L/yr 3% more
Aditya Birla Sun Life Insurance Deputy Vice President Salary 14 - 18 years exp. (3 salaries)	Unlock ₹27.7 L/yr - ₹55 L/yr 2% more

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 54 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

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20 years exp.

4d ago

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16 years exp.

3w ago

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21 years exp.

1mo ago

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22 years exp.

1mo ago

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22 years exp.

2mo ago

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19 years exp.

2mo ago

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20 years exp.

3mo ago

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15 years exp.

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14 years exp.

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20 years exp.

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

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
14 years (4 salaries)	Unlock ₹22 L/yr - ₹45 L/yr
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15+ years (50 salaries)	Unlock ₹26 L/yr - ₹56 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

Associate Vice President Salary

(119 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

(9 salaries)

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₹4.75 L/yr - ₹12 L/yr

Assistant Vice President Salary

(8 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

3.9

Rated by 6 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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2w (edited)

an associate vice president

Offer Accepted

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 Deputy Vice President Salary FAQs

What is the salary of Deputy Vice President at ICICI Lombard General Insurance Company Mumbai?

Deputy Vice President salary at ICICI Lombard General Insurance Company in Mumbai ranges between ₹22.0 Lakhs to ₹56.0 Lakhs for experience between 14 years to 23 years. According to our estimates it is 22% more than the average Deputy Vice President Salary in India. Salary estimates are based on 54 latest salaries received from various employees of ICICI Lombard General Insurance Company Mumbai.

How does the salary of a Deputy Vice President at ICICI Lombard General Insurance Company Mumbai compare with the average salary range for this job?

The average salary of a Deputy Vice President at ICICI Lombard General Insurance Company is 22% more than the average salary of a Deputy Vice President in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Deputy Vice President at ICICI Lombard General Insurance Company?

Business Strategy, People Management, Analytical skills, Project Management and Business Management are some of the popular skills required to work as a Deputy Vice President at ICICI Lombard General Insurance Company Mumbai.

Which similar companies are paying more than ICICI Lombard General Insurance Company to a Deputy Vice President in Mumbai?

SBI General Insurance Deputy Vice President Salary - ₹33.8 Lakhs to ₹49.0 Lakhs per year
Aditya Birla Sun Life Insurance Deputy Vice President Salary - ₹27.7 Lakhs to ₹55.0 Lakhs per year

What is the salary of a Deputy Vice President in companies similar to ICICI Lombard General Insurance Company in Mumbai?

Bharti AXA Life Insurance Deputy Vice President Salary - ₹34.0 Lakhs to ₹47.0 Lakhs per year
HDFC Ergo General Insurance Deputy Vice President Salary - ₹18.0 Lakhs to ₹48.4 Lakhs per year
Tata AIG Deputy Vice President Salary - ₹19.2 Lakhs to ₹45.1 Lakhs per year
Kotak Mahindara Life Insurance Deputy Vice President Salary - ₹12.6 Lakhs to ₹44.0 Lakhs per year

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 ranges between ₹2,39,240 per month to ₹2,48,921 per month in Mumbai. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Deputy Vice President salary in India which ranges between ₹22.0 Lakhs to ₹56.0 Lakhs per year for employees with experience between 14 years to 23 years. Check how did we calculate take home salary?

What is the notice period for Deputy Vice President at ICICI Lombard General Insurance Company in Mumbai?

According to AmbitionBox, 93% of the ICICI Lombard General Insurance Company Deputy Vice Presidents in Mumbai reported a notice period of 3 Months, 5% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 40 responses on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company Deputy Vice President Salaries in Mumbai

ICICI Lombard General Insurance Company Deputy Vice President salary in Mumbai ranges between ₹22 Lakhs to ₹56 Lakhs with an average annual salary of ₹. Salary estimates are based on 54 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.

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

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

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

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

Similar Designation salaries in ICICI Lombard General Insurance Company

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

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 Deputy Vice President Salary FAQs

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