ICICI Lombard General Insurance Company Insurance Analyst Salaries by 4 Employees

1 - 4 years exp.

₹1.8 Lakh - ₹4.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

27% less than the average Insurance Analyst Salary in Insurance Companies for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Analyst Salary 2 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
Customer Success, Service & Operations Insurance Analyst Salary 1 year exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
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Finance & Accounting Insurance Analyst Salary 4 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 14 Dec 2023

Companies similar to ICICI Lombard General Insurance Company for Insurance Analyst

Company name	Avg Annual Salary	Open Jobs
Gallagher Insurance Analyst Salary 1 - 5 years exp. (12 salaries)	₹2.3 L/yr - ₹3 L/yr 5% less
Allstate Insurance Analyst Salary 1 - 8 years exp. (8 salaries)	₹4 L/yr - ₹7 L/yr 113% more
Login to view exact salary
AXA Business Services Insurance Analyst Salary 0 - 5 years exp. (8 salaries)	₹3.7 L/yr - ₹5.9 L/yr 79% more
Axis Max Life Insurance Insurance Analyst Salary 1 - 7 years exp. (5 salaries)	₹2.5 L/yr - ₹3.5 L/yr 1% more
Tata AIG Insurance Analyst Salary 3 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹3.1 L/yr 10% more
SBI Life Insurance Company Insurance Analyst Salary 0 - 12 years exp. (4 salaries)	₹2 L/yr - ₹14 L/yr 123% more
HDFC Life Insurance Analyst Salary 2 - 11 years exp. (4 salaries)	₹2.5 L/yr - ₹5.5 L/yr 47% more
Reliance Nippon Life Insurance Insurance Analyst Salary 2 - 6 years exp. (3 salaries)	₹1.9 L/yr - ₹2.4 L/yr 24% less
Tata AIA Life Insurance Insurance Analyst Salary 0 - 7 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr 34% more
Aditya Birla Sun Life Insurance Insurance Analyst Salary 2 - 8 years exp. (3 salaries)	₹2.5 L/yr - ₹5.6 L/yr 65% more
Guardian India Insurance Analyst Salary 1 - 2 years exp. (3 salaries)	₹2.2 L/yr - ₹3.3 L/yr 5% more
Login to view exact salary
Bajaj Allianz Life Insurance Insurance Analyst Salary 1 - 2 years exp. (3 salaries)	₹1.5 L/yr - ₹3.9 L/yr 5% more
Allianz Insurance Analyst Salary 2 - 6 years exp. (3 salaries)	₹3.8 L/yr - ₹4.7 L/yr 50% more

Insurance Analyst salary at ICICI Lombard General Insurance Company ranges between ₹1.8 Lakh to ₹4.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Experience wise ICICI Lombard General Insurance Company Insurance Analyst salaries

Last Updated: 14 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

Business Analyst Salary

(74 salaries)

₹4 L/yr - ₹13.65 L/yr

Quality Analyst Salary

(71 salaries)

₹2 L/yr - ₹6.75 L/yr

Senior Analyst Salary

(4 salaries)

₹3.1 L/yr - ₹16.15 L/yr

Process Analyst Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Analyst Salary

(19 salaries)

₹4 L/yr - ₹14.36 L/yr

Senior Business Analyst Salary

(10 salaries)

₹9.87 L/yr - ₹16 L/yr

Team Lead Salary

(126 salaries)

₹1.05 L/yr - ₹8.5 L/yr

Associate Consultant Salary

(12 salaries)

₹2 L/yr - ₹7 L/yr

Deputy Manager Salary

(15 salaries)

₹4.65 L/yr - ₹13.25 L/yr

Sales Manager Salary

(564 salaries)

₹2 L/yr - ₹11.1 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

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

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

Sales Manager in Chennai

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.

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.

Customer Relationship Manager in Hyderabad / Secunderabad

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.

Job security - Excellent

+4 more

Dislikes

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

Manager - CRM in Indore (working remotely)

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 02 Feb 2025

4.0

for Salary and Benefits

Likes

Salary received on time no delays. Leaves system was also as per the requirements

Salary - Good

+3 more

Dislikes

Breaks are not appropriate I have medical issues like over active bladder I need to go to washroom frequently between one two hours but there is no break just you have to take permissions for that also break schedule not good

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ICICI Lombard General Insurance Company Insurance Analyst Salary FAQs

What is the salary of Insurance Analyst at ICICI Lombard General Insurance Company ?

The average salary of a Insurance Analyst at ICICI Lombard General Insurance Company in India typically ranges from ₹1.8 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Insurance Analyst at ICICI Lombard General Insurance Company earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Insurance Analyst 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 4 ICICI Lombard General Insurance Company employees in India.

What is the estimated take home salary of a Insurance Analyst at ICICI Lombard General Insurance Company in India?

The estimated take-home salary of a Insurance Analyst at ICICI Lombard General Insurance Company in India typically ranges from ₹19,456 to ₹21,127 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year to 4 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 4 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 Insurance Analyst in India?

SBI Life Insurance Company	₹2.0 Lakhs to ₹14.0 Lakhs per year
Allstate	₹4.0 Lakhs to ₹7.0 Lakhs per year
AXA Business Services	₹3.7 Lakhs to ₹5.9 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.5 Lakhs to ₹5.6 Lakhs per year
Allianz	₹3.8 Lakhs to ₹4.7 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 Insurance Analyst in companies similar to ICICI Lombard General Insurance Company in India?

The salary of a Insurance Analyst 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:

HDFC Life	₹2.5 Lakhs to ₹5.5 Lakhs per year
Tata AIA Life Insurance	₹3.0 Lakhs to ₹5.0 Lakhs per year
Tata AIG	₹2.5 Lakhs to ₹3.1 Lakhs per year
Guardian India	₹2.2 Lakhs to ₹3.3 Lakhs per year
Bajaj Allianz Life Insurance	₹1.5 Lakhs to ₹3.9 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 Insurance Analyst at ICICI Lombard General Insurance Company in India?

The salary growth for a Insurance Analyst at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Insurance Analyst can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience	Average Salary Range
1 year	₹2.1 Lakhs to ₹2.7 Lakhs per year
2 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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ICICI Lombard General Insurance Company Insurance Analyst Salaries by Location

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ICICI Lombard General Insurance Company Insurance Analyst Salaries

ICICI Lombard General Insurance Company Insurance Analyst salary in India ranges between ₹1.8 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.

ICICI Lombard General Insurance Company Insurance Analyst salaries in India

Companies similar to ICICI Lombard General Insurance Company for Insurance Analyst

Latest annual salaries shared by ICICI Lombard General Insurance Company Insurance Analyst

Experience wise ICICI Lombard General Insurance Company Insurance Analyst salaries

Similar Designation salaries in ICICI Lombard General Insurance Company

Salary related reviews for ICICI Lombard General Insurance Company

Chief Manager in Mumbai

Chief Manager in Mumbai

Sales Manager in Chennai

Customer Relationship Manager in Hyderabad / Secunderabad

Manager - CRM in Indore (working remotely)

ICICI Lombard General Insurance Company Insurance Analyst Salary FAQs

Tell us how to improve this page.

ICICI Lombard General Insurance Company Insurance Analyst Salaries by Location