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ICICI Lombard General Insurance Company General Insurance Executive salaries in India (Updated 2025)

Annual salary range
1 - 5 years exp.
₹2 Lakhs - ₹5 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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13% more than the average General Insurance Executive Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
General Insurance Executive Salary
1 - 5 years exp. (5 salaries)
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₹2.2 L/yr - ₹3.2 L/yr

Sales & Business Development
General Insurance Executive Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹5 L/yr

Last Updated: 27 Feb 2025

Companies similar to ICICI Lombard General Insurance Company for General Insurance Executive

Company name Avg Annual Salary Open Jobs
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Tata AIG General Insurance Executive Salary

4 - 8 years exp. (6 salaries)

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₹3 L/yr - ₹5.5 L/yr

arrow icon 2% less
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₹1.7 L/yr - ₹4.5 L/yr

arrow icon 13% less
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₹3.5 L/yr - ₹3.7 L/yr

arrow icon 16% more
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₹1 L/yr - ₹2.3 L/yr

arrow icon 25% less
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₹2.6 L/yr - ₹3.4 L/yr

arrow icon 1% more
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₹2.4 L/yr - ₹3.1 L/yr

arrow icon 12% less
General Insurance Executive salary at ICICI Lombard General Insurance Company ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year 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 General Insurance Executive

2d ago
₹5 Lakhs
3 years exp.
5mo ago
₹4 Lakhs
2 years exp.
1y ago
₹3.2 Lakhs
5 years exp.
1y ago
₹3.2 Lakhs
1 year exp.
1y ago
₹3 Lakhs
4 years exp.
1y ago
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3 years exp.
1y ago
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5 years exp.

Experience wise ICICI Lombard General Insurance Company General Insurance Executive salaries

Last Updated: 27 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.4 L/yr
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
3 years  (3 salaries)

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₹2.2 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

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₹1.85 L/yr - ₹6.92 L/yr
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₹1.92 L/yr - ₹4.75 L/yr
Sales Executive Salary
(207 salaries)
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₹1.1 L/yr - ₹5 L/yr
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₹1.8 L/yr - ₹5 L/yr
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₹2.5 L/yr - ₹6.9 L/yr
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₹2.25 L/yr - ₹5 L/yr
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₹1.4 L/yr - ₹2.7 L/yr
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₹4.5 L/yr - ₹16 L/yr
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₹5.95 L/yr - ₹22.36 L/yr
Sales Manager Salary
(570 salaries)
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₹2 L/yr - ₹11.31 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

3.6

Rated by 7 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

 · 

Sales Department

4.0
  •  posted on 01 Jan 2021

5.0
 for  Salary and Benefits

Likes

Thinking about the future and placing itself in front above other co.

  • Salary - Excellent
  • +1 more

Dislikes

Changes in designation, pressure of your package in your job responsibilities are huge, especially in East the culture is not as professional as in other zones.

read more
  • Job security - Poor

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 20 Jan 2022

5.0
 for  Salary and Benefits

Likes

...agers. And also I find the management is very much transparent to the employers. Company policies are good, appreciation and appraisals are fair and they give good salary hike and bouns every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

I feel work culture towards timings they have to rework ... employee in that company I felt very stretch timings towards work not able to find the timing for my personal life.

read more

Customer Success, Service & Operations Department

4.0
  •  posted on 23 Nov 2020

3.0
 for  Salary and Benefits

Likes

...vironmenta also good & huge cafeteria as well as gaming activities for chilling. Company policy are good, appraisal for fair and they give good salary hoke and bonus every year.

read more
  • Skill development - Good

BFSI, Investments & Trading Department

4.0
  •  posted on 14 Jan 2022

3.0
 for  Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Appraisal are fair and they give good salary hike and bonus every year.

read more
  • Skill development - Good
  • +3 more

Dislikes

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

read more
see more salary related reviews

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ICICI Lombard General Insurance Company General Insurance Executive Salary FAQs

What is the salary of General Insurance Executive at ICICI Lombard General Insurance Company ?
The average salary of a General Insurance Executive at ICICI Lombard General Insurance Company in India typically ranges from ₹2.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of General Insurance Executive at ICICI Lombard General Insurance Company earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. General Insurance Executive 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 General Insurance Executive at ICICI Lombard General Insurance Company in India?
The estimated take-home salary of a General Insurance Executive at ICICI Lombard General Insurance Company in India typically ranges from ₹22,017 to ₹23,500 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year 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.
Which companies offer higher salaries than ICICI Lombard General Insurance Company for General Insurance Executive in India?
Canara HSBC Life Insurance ₹3.5 Lakhs to ₹3.7 Lakhs per year
Bajaj Allianz Life Insurance ₹2.6 Lakhs to ₹3.4 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 General Insurance Executive in companies similar to ICICI Lombard General Insurance Company in India?
The salary of a General Insurance Executive 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:

Tata AIG ₹3.0 Lakhs to ₹5.5 Lakhs per year
Reliance General Insurance ₹2.4 Lakhs to ₹3.1 Lakhs per year
United India Insurance Company ₹1.7 Lakhs to ₹4.5 Lakhs per year
The New India Assurance Co. ₹1.0 Lakhs to ₹2.3 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 General Insurance Executive at ICICI Lombard General Insurance Company in India?
The salary growth for a General Insurance Executive at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a General Insurance Executive can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
1 year ₹2.7 Lakhs to ₹3.4 Lakhs per year
2 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years ₹2.2 Lakhs to ₹5.0 Lakhs per year
4 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Lombard General Insurance Company General Insurance Executive salary in India ranges between ₹2 Lakhs to ₹5 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.