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

Annual salary range
0 - 5 years exp.
₹1.2 Lakh - ₹4.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Insurance Executive Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Insurance Executive Salary
2 - 4 years exp. (5 salaries)
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₹1.6 L/yr - ₹3.5 L/yr

Sales & Business Development
Insurance Executive Salary
1 - 4 years exp. (5 salaries)
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₹1.8 L/yr - ₹2.9 L/yr

Customer Success, Service & Operations
Insurance Executive Salary
0 - 3 years exp. (3 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

Finance & Accounting
Insurance Executive Salary
5 years exp. (AmbitionBox Estimate)
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₹1.2 L/yr - ₹2.8 L/yr

Marketing & Communication
Insurance Executive Salary
1 year exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹3.7 L/yr

Last Updated: 9 Feb 2025

Companies similar to ICICI Lombard General Insurance Company for Insurance Executive

Company name Avg Annual Salary Open Jobs
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HDFC Life Insurance Executive Salary

1 - 4 years exp. (24 salaries)

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₹1 L/yr - ₹4.5 L/yr

arrow icon 26% more
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Tata AIG Insurance Executive Salary

0 - 5 years exp. (21 salaries)

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₹1.4 L/yr - ₹4.3 L/yr

arrow icon 1% more
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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 23% more
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₹2.4 L/yr - ₹4 L/yr

arrow icon 37% more
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₹2 L/yr - ₹5 L/yr

arrow icon 35% more
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₹1 L/yr - ₹3.8 L/yr

arrow icon 4% less
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PNB MetLife Insurance Executive Salary

1 - 11 years exp. (9 salaries)

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₹3.2 L/yr - ₹4.5 L/yr

arrow icon 41% more
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₹2 L/yr - ₹3.6 L/yr

arrow icon 8% more
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₹1.1 L/yr - ₹4.5 L/yr

arrow icon 23% more
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₹2.3 L/yr - ₹3 L/yr

arrow icon 15% more
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₹1.8 L/yr - ₹2.4 L/yr

arrow icon 20% less
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₹1.7 L/yr - ₹4.2 L/yr

arrow icon 2% more
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₹2 L/yr - ₹2.6 L/yr

arrow icon 4% more
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₹2.5 L/yr - ₹5.5 L/yr

arrow icon 31% more
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₹2.9 L/yr - ₹4.5 L/yr

arrow icon 34% more
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₹1.8 L/yr - ₹10.1 L/yr

arrow icon 131% more
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₹2.4 L/yr - ₹3 L/yr

arrow icon 15% more
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₹2.8 L/yr - ₹4.8 L/yr

arrow icon 48% more
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Gallagher Insurance Executive Salary

4 - 5 years exp. (3 salaries)

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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 92% more
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₹1.2 L/yr - ₹2.4 L/yr

arrow icon 26% less
View all
Insurance Executive salary at ICICI Lombard General Insurance Company ranges between ₹1.2 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 26 latest salaries received from various employees of ICICI Lombard General Insurance Company.

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

3w ago
₹1.8 Lakh
1 year exp.
1mo ago
₹1.8 Lakh
1 year exp.
2mo ago
₹1.8 Lakh
6 months exp.
6mo ago
₹2.5 Lakhs
4 years exp.
7mo ago
₹2 Lakhs
1 year exp.
8mo ago
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3 years exp.
10mo ago
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2 years exp.
11mo ago
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3 years exp.
11mo ago
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2 years exp.
1y ago
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2 years exp.

Experience wise ICICI Lombard General Insurance Company Insurance Executive salaries

Last Updated: 9 Feb 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹1.2 L/yr - ₹3 L/yr
1 year  (5 salaries)

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₹1.8 L/yr - ₹2.4 L/yr
2 years  (6 salaries)

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₹1.5 L/yr - ₹3.5 L/yr
3 years  (4 salaries)

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₹1.8 L/yr - ₹4.5 L/yr
4 years  (5 salaries)

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₹2.2 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in ICICI Lombard General Insurance Company

Sales Executive Salary
(211 salaries)
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₹1.1 L/yr - ₹5 L/yr
MIS Executive Salary
(66 salaries)
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₹1.65 L/yr - ₹4.77 L/yr
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₹1.5 L/yr - ₹3.65 L/yr
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₹0.95 L/yr - ₹4.5 L/yr
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₹1.7 L/yr - ₹3 L/yr
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₹1.5 L/yr - ₹4 L/yr
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₹1 L/yr - ₹4.75 L/yr
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₹1.2 L/yr - ₹3.5 L/yr
Computer Operator Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
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₹1 L/yr - ₹5.82 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

4.3

Rated by 5 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 21 Sep 2023

1.0
 for  Salary and Benefits

Likes

Job security. They didn't fire anyone

  • Job security - Excellent

Dislikes

Very less salary If you work hard they will never appreciate you Sales team involvement infact manger did not take stand for there employees. They only blames you. Work load is to high you will be doing 2 persons work at 1 person salary. Work culture is very bad.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 03 Apr 2023

2.0
 for  Salary and Benefits

Likes

Job security and few HR policies now those are outdated. Nothing much other than job security.

  • Job security - Good

Dislikes

... year rather than thinking about team requirements. Should work on all weekends. No extra pay for overtime. Band 1 people come and say that they are going to implement overtime allowances but it's almost 2 years now but no such action taken. No internal job movements as they are scared to move resources for loss of track and no skill improvement programs. You would do same kind of job for years and they never reply to complaints.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 18 May 2023

2.0
 for  Salary and Benefits

Likes

Only the good part is job security

  • Job security - Good

Dislikes

...urism, no promotion and good appraisal if you are not your superior's favourite. New joiners are paid very good salary good hike and old employees are not valued

read more
  • Salary - Poor
  • +3 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

Marketing & Communication Department

2.0
  •  posted on 12 Oct 2021

1.0
 for  Salary and Benefits

Likes

...g queue for tea and coffee because tea and coffee is available for limited time. salary is not good. They pay for a 9:30 hours but actually they take your 11 hours for work only and not even giving a overtime incentive. there is no career growth. But yes i was lucky because my team leader and Teammates are very supportive and caring. I meet so many people in lombard and realize no one is happy everyone is working because they want to gain experience and icici lombard is a big name so they can find a better job and i think lombard is already known this that's why they give a very less basic salary and quarterly incentives.

read more

Dislikes

They dont value There employees

  • Salary - Bad
  • +6 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about ICICI Lombard General Insurance Company

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an avp
2w
How to change industry
I have an experience of 14 years in insurance sales . Want to switch profile and industry. What would be the way forward?
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ICICI Lombard General Insurance Company Insurance Executive Salary FAQs

What is the salary of Insurance Executive at ICICI Lombard General Insurance Company ?
The average salary of a Insurance Executive at ICICI Lombard General Insurance Company in India typically ranges from ₹1.2 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Insurance Executive at ICICI Lombard General Insurance Company earn more than ₹4.4 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. 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 20+ ICICI Lombard General Insurance Company employees in India.
What is the estimated take home salary of a Insurance Executive at ICICI Lombard General Insurance Company in India?
The estimated take-home salary of a Insurance Executive at ICICI Lombard General Insurance Company in India typically ranges from ₹17,377 to ₹19,079 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher 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 20+ 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 Executive in India?
The Oriental Insurance Co. ₹1.8 Lakhs to ₹10.1 Lakhs per year
Gallagher ₹3.5 Lakhs to ₹5.5 Lakhs per year
Canara HSBC Life Insurance ₹2.8 Lakhs to ₹4.8 Lakhs per year
PNB MetLife ₹3.2 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance ₹2.4 Lakhs to ₹4.0 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 Insurance Executive in companies similar to ICICI Lombard General Insurance Company in India?
The salary of a 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:

Axis Max Life Insurance ₹2.0 Lakhs to ₹5.0 Lakhs per year
SBI General Insurance ₹2.9 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company ₹2.5 Lakhs to ₹5.5 Lakhs per year
HDFC Life ₹1.0 Lakhs to ₹4.5 Lakhs per year
Iffco Tokio General Insurance Co. ₹1.8 Lakhs to ₹4.5 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 Executive at ICICI Lombard General Insurance Company in India?
The salary growth for a Insurance Executive at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Insurance Executive can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
Fresher ₹1.2 Lakhs to ₹3.0 Lakhs per year
1 year ₹1.8 Lakhs to ₹2.4 Lakhs per year
2 years ₹1.5 Lakhs to ₹3.5 Lakhs per year
3 years ₹1.8 Lakhs to ₹4.5 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Insurance Executive salary in India ranges between ₹1.2 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 26 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.