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ICICI Lombard General Insurance Company Development Manager salaries in New Delhi (Updated 2025)

Annual salary range
2 - 5 years exp.
₹3.5 Lakhs - ₹4.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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14% less than the average Development Manager Salary in Insurance Companies for 2 - 5 years of experience

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Salaries in different departments

Sales & Business Development
Development Manager Salary
3 - 5 years exp. (4 salaries)
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₹3.5 L/yr - ₹4.3 L/yr

BFSI, Investments & Trading
Development Manager Salary
2 - 4 years exp. (3 salaries)
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₹3.5 L/yr - ₹4 L/yr

Last Updated: 14 Feb 2025

Companies similar to ICICI Lombard General Insurance Company for Development Manager in New Delhi

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ICICI Lombard General Insurance Company Development Manager Salary

2 - 5 years exp. (9 salaries)

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₹3.5 L/yr - ₹4.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹4.5 L/yr

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2 job openings
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₹3.3 L/yr - ₹5 L/yr

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₹4 L/yr - ₹4.6 L/yr

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₹2.5 L/yr - ₹5 L/yr

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2 job openings
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Bravura Solutions Development Manager Salary

10 - 14 years exp. (7 salaries)

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₹17.1 L/yr - ₹28 L/yr

arrow icon 613% more
Development Manager salary at ICICI Lombard General Insurance Company ranges between ₹3.5 Lakhs to ₹4.3 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 9 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company Development Manager in New Delhi

1mo ago
₹3.5 Lakhs
3 years exp.
3mo ago
₹4.3 Lakhs
4 years exp.
4mo ago
₹4 Lakhs
2 years exp.
4mo ago
₹4.3 Lakhs
3 years exp.
6mo ago
₹3.5 Lakhs
3 years exp.
10mo ago
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5 years exp.
1y ago
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2 years exp.

Experience wise ICICI Lombard General Insurance Company Development Manager salaries in New Delhi

Last Updated: 14 Feb 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
3 years  (4 salaries)

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₹3.5 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

Product Manager Salary
(17 salaries)
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₹6 L/yr - ₹19.2 L/yr

Top skills at ICICI Lombard General Insurance Company for Development Manager

Health Insurance Sales Management Sales Agency Sales Life Insurance

Salary related reviews for ICICI Lombard General Insurance Company

3.0

Rated by 1 employees for salary & benefits

Sales & Business Development Department

4.0
  •  posted on 23 Jun 2022

3.0
 for  Salary and Benefits

Likes

It is to good work with India top 10 general insurance company time to time salary work life balance is good Saturday and Sunday off 5Days week work good product of company for customer

read more
  • Work-life balance - Good

Dislikes

Senior never support junior staff not proper training of field only training a theorical to much pressure and harassment of new joined manager not proper training give of company IT system no stable job old employee take position and to much politics

read more
  • Job security - Bad

Marketing & Communication Department

3.0
  •  posted on 13 Oct 2022

1.0
 for  Salary and Benefits

Likes

...place to work for those who are willing to get retired from the particular firm. On time salary. Professional and Straightforward VP.

read more
  • Job security - Excellent

Dislikes

Work culture overall i.e non-responsive HR (Except Mohit Bane), IT team, Bad appraisal process and micro monitoring person AVP who is not even supporting towards the team. Even i will recommend to other peoples don't join in his team you will get exploit, harresed and irritated each and evey working as well as non working hours. There is no value for your efforts, even after showing result oriented work in full proof.

read more
  • Salary - Bad
  • +4 more

Manpower Department

5.0
  •  posted on 20 Dec 2021

5.0
 for  Salary and Benefits

Likes

Good work environment and culture,Company policies are good,appraisals are fair and they give good salary hike and bonus every year

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

read more

Bancassurance Department

3.0
  •  posted on 28 Dec 2020

4.0
 for  Salary and Benefits

Likes

Office ambience. Good pay scale. 5 days work in a week so good work life balance.

read more
  • Salary - Good
  • +2 more

Dislikes

No skill devlopement, career growth is dependent on your relationship with superior, too much process oriented job, travelling is cumbersome if your work in head office.

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  • Skill development - Bad
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 25 Mar 2025

3.0
 for  Salary and Benefits

Likes

There is several departments, i was working in ( CRT Department ), i had good experience at icici Lombard, if you are completing your on time so no one will force you for OT, if you want leave so you will have to inform few days back to your reporting person and your leave will be approved, we had office outing also, i had been there for 1 year i haven't felt any office politics.

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  • Job security - Excellent
  • +4 more

Dislikes

Less salary IJP after 18 months No gift or sweet in diwali Less salary hike

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see more salary related reviews

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ICICI Lombard General Insurance Company Development Manager Salary FAQs

What is the salary of Development Manager at ICICI Lombard General Insurance Company in New Delhi?
The average salary of a Development Manager at ICICI Lombard General Insurance Company in New Delhi typically ranges from ₹3.5 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Development Manager in New Delhi at ICICI Lombard General Insurance Company earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Development 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 9 ICICI Lombard General Insurance Company employees in India.
What is the estimated take home salary of a Development Manager at ICICI Lombard General Insurance Company in New Delhi?
The estimated take-home salary of a Development Manager at ICICI Lombard General Insurance Company in New Delhi typically ranges from ₹28,867 to ₹30,248 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 2 years to 5 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 9 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 Development Manager at ICICI Lombard General Insurance Company in New Delhi?
To be a Development Manager at ICICI Lombard General Insurance Company in New Delhi, the key skills required include:

  • - Health Insurance
  • - Sales Management
  • - Sales
  • - Agency Sales
  • - Life Insurance

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 Development Manager in India?
Bravura Solutions ₹17.1 Lakhs to ₹28.0 Lakhs per year
Kotak Mahindara Life Insurance ₹4.0 Lakhs to ₹4.6 Lakhs per year
ICICI Prudential Life Insurance ₹3.3 Lakhs to ₹5.0 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 Development Manager in companies similar to ICICI Lombard General Insurance Company in New Delhi?
The salary of a Development Manager at companies similar to ICICI Lombard General Insurance Company in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI Life Insurance Company ₹2.5 Lakhs to ₹4.5 Lakhs per year
Edelweiss Life Insurance ₹2.5 Lakhs to ₹5.0 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 Development Manager at ICICI Lombard General Insurance Company in New Delhi?
The salary growth for a Development Manager at ICICI Lombard General Insurance Company in New Delhi depends on factors such as experience, performance, and promotions. On average, a Development Manager in New Delhi can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
2 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
3 years ₹3.5 Lakhs to ₹4.3 Lakhs per year
4 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
5 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Development Manager salary in New Delhi ranges between ₹3.5 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.