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3.7

based on 4.4k Reviews

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ICICI Lombard General Insurance Company Insurance Executive salaries in Mumbai

Annual salary range
1 - 3 years exp.
₹2 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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At par with the average Insurance Executive Salary in Insurance Companies for 1 - 3 years of experience

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Last Updated: 8 Jul 2024

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

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ICICI Lombard General Insurance Company Insurance Executive Salary

1 - 3 years exp. (4 salaries)

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₹2 L/yr - ₹4.5 L/yr

vs
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₹2.1 L/yr - ₹2.7 L/yr

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₹1.2 L/yr - ₹4 L/yr

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Tata AIG Insurance Executive Salary

0 - 5 years exp. (6 salaries)

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₹1.9 L/yr - ₹3.6 L/yr

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₹2 L/yr - ₹4.5 L/yr

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₹2.4 L/yr - ₹3.5 L/yr

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₹1.3 L/yr - ₹2 L/yr

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Insurance Executive salary at ICICI Lombard General Insurance Company ranges between ₹2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Lombard General Insurance Company.

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

6mo ago
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1 year exp.
1y ago
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3 years exp.
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1 year exp.
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2 years exp.

Experience wise ICICI Lombard General Insurance Company Insurance Executive salaries in Mumbai

Last Updated: 8 Jul 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2 L/yr - ₹4.7 L/yr
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4.9 L/yr
3 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹4.5 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

Sales Executive Salary
(60 salaries)
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₹1.2 L/yr - ₹5 L/yr
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₹1.8 L/yr - ₹3.65 L/yr
MIS Executive Salary
(33 salaries)
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₹1.05 L/yr - ₹4.77 L/yr
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₹1 L/yr - ₹4.3 L/yr
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₹1.65 L/yr - ₹4 L/yr
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₹2 L/yr - ₹3 L/yr
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₹1.7 L/yr - ₹4.75 L/yr
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₹1.05 L/yr - ₹3 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

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

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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 Mumbai?
Insurance Executive salary at ICICI Lombard General Insurance Company in Mumbai ranges between ₹2.0 Lakhs to ₹4.5 Lakhs for experience between 1 years to 3 years. According to our estimates it is 3% more than the average Insurance Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of ICICI Lombard General Insurance Company Mumbai.
How does the salary of a Insurance Executive at ICICI Lombard General Insurance Company Mumbai compare with the average salary range for this job?
The average salary of a Insurance Executive at ICICI Lombard General Insurance Company is 3% more than the average salary of a Insurance Executive in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than ICICI Lombard General Insurance Company to a Insurance Executive in Mumbai?
  • Bajaj Allianz General Insurance Insurance Executive Salary - ₹1.2 Lakhs to ₹4.0 Lakhs per year
  • ICICI Prudential Life Insurance Insurance Executive Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year
  • Iffco Tokio General Insurance Co. Insurance Executive Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
What is the salary of a Insurance Executive in companies similar to ICICI Lombard General Insurance Company in Mumbai?
  • Tata AIG Insurance Executive Salary - ₹1.9 Lakhs to ₹3.6 Lakhs per year
  • HDFC Ergo General Insurance Insurance Executive Salary - ₹2.1 Lakhs to ₹2.7 Lakhs per year
  • Kotak Mahindara Life Insurance Insurance Executive Salary - ₹1.3 Lakhs to ₹2.0 Lakhs per year
What is the estimated take home salary of a Insurance Executive at ICICI Lombard General Insurance Company in Mumbai?
The estimated take-home salary of a Insurance Executive at ICICI Lombard General Insurance Company ranges between ₹19,817 per month to ₹21,483 per month in Mumbai. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Insurance Executive salary in India which ranges between ₹2.0 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?
What is the notice period for Insurance Executive at ICICI Lombard General Insurance Company in Mumbai?
According to AmbitionBox, 100% of the ICICI Lombard General Insurance Company Insurance Executives in Mumbai reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Insurance Executive salary in Mumbai ranges between ₹2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.