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3.7

based on 4.3k Reviews

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ICICI Lombard General Insurance Company Insurance Sales Officer salaries in Mumbai

Annual salary range
1 - 2 years exp.
₹2 Lakhs - ₹2.8 Lakhs
Salary of majority employees
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28% less than the average Insurance Sales Officer Salary in Insurance Companies for 1 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Insurance Sales Officer Salary
1 - 2 years exp. (3 salaries)
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₹1.8 L/yr - ₹2.8 L/yr

Customer Success, Service & Operations
Insurance Sales Officer Salary
2 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹3 L/yr

Sales & Business Development
Insurance Sales Officer Salary
1 year exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.3 L/yr

Last Updated: 28 Jun 2024

Companies similar to ICICI Lombard General Insurance Company for Insurance Sales Officer in Mumbai

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ICICI Lombard General Insurance Company Insurance Sales Officer Salary

1 - 2 years exp. (5 salaries)

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₹2 L/yr - ₹2.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹3.6 L/yr

arrow icon 63% more
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₹3.4 L/yr - ₹4.4 L/yr

arrow icon 58% more
Insurance Sales Officer salary at ICICI Lombard General Insurance Company ranges between ₹2 Lakhs to ₹2.8 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 5 latest salaries received from various employees of ICICI Lombard General Insurance Company.

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

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Experience wise ICICI Lombard General Insurance Company Insurance Sales Officer salaries in Mumbai

Last Updated: 28 Jun 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2 L/yr - ₹3.7 L/yr
2 years  (3 salaries)

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₹2 L/yr - ₹2.8 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

Sales Manager Salary
(104 salaries)
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₹3 L/yr - ₹12.5 L/yr
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₹8 L/yr - ₹22 L/yr
Sales Officer Salary
(25 salaries)
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₹1.2 L/yr - ₹3 L/yr
Branch Manager Salary
(8 salaries)
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₹6 L/yr - ₹12 L/yr
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₹2.89 L/yr - ₹5.3 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

Other Department

5.0
  •  posted on 28 Dec 2018

3.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here.

read more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

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Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 08 Jun 2024

4.0
 for  Salary and Benefits

Likes

Get salary on time,

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.

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Full Time

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BFSI, Investments & Trading Department

1.0
  •  posted on 03 Jun 2024

1.0
 for  Salary and Benefits

Likes

No

Dislikes

Internal politics , No increment till 5 yrs, no receive bonus till 5 yrs, no salary hike till 5 yrs. Company HR's not given 1st preference to state employees. They hiring MBA students from other states like, UP, Kolkata, Odisa. And given high starting packages 8 L , 9L , 10L-12L, State employees only sufferring and working hard, Zero growth. And HR team is non trustable, They saying one thing while hiring, And you get someting else. # Career ki Dhajiya

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 07 Mar 2024

2.0
 for  Salary and Benefits

Likes

Good organization but motor claim department having lot of work load and there is very much biased in ratings and promotion

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Dislikes

...year of my carrier I got only one promotion and one good ratings Started with 2.4 lakh and ended with 8 lakhs package per annum

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Full Time

 · 

KRG Department

1.0
  •  posted on 07 Feb 2022

1.0
 for  Salary and Benefits

Likes

Pros: Brand name Tech savy High Variable pay (not sure whether we'll get it or not) Cons: No one gives a f*ck about ur issues. No owing of responsibility. Completely tech driven, no human interaction as the system would assign everything. People won't attend calls. Your problem is your problem, none of our Problem. High Pressure to achieve target without top level and ground level support. Except sales no one will work on Saturday.

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ICICI Lombard General Insurance Company Insurance Sales Officer Salary FAQs

What is the salary of Insurance Sales Officer at ICICI Lombard General Insurance Company Mumbai?
Insurance Sales Officer salary at ICICI Lombard General Insurance Company in Mumbai ranges between ₹2.0 Lakhs to ₹2.8 Lakhs for experience between 1 years to 2 years. According to our estimates it is 28% less than the average Insurance Sales Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of ICICI Lombard General Insurance Company Mumbai.
How does the salary of a Insurance Sales Officer at ICICI Lombard General Insurance Company Mumbai compare with the average salary range for this job?
The average salary of a Insurance Sales Officer at ICICI Lombard General Insurance Company is 28% less than the average salary of a Insurance Sales Officer 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 Sales Officer in Mumbai?
  • Max Life Insurance Insurance Sales Officer Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year
  • ICICI Prudential Life Insurance Insurance Sales Officer Salary - ₹3.4 Lakhs to ₹4.4 Lakhs per year
What is the estimated take home salary of a Insurance Sales Officer at ICICI Lombard General Insurance Company in Mumbai?
The estimated take-home salary of a Insurance Sales Officer at ICICI Lombard General Insurance Company ranges between ₹15,095 per month to ₹16,671 per month in Mumbai. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Insurance Sales Officer salary in India which ranges between ₹2.0 Lakhs to ₹2.8 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?
What is the notice period for Insurance Sales Officer at ICICI Lombard General Insurance Company in Mumbai?
According to AmbitionBox, 67% of the ICICI Lombard General Insurance Company Insurance Sales Officers in Mumbai reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Insurance Sales Officer salary in Mumbai ranges between ₹2 Lakhs to ₹2.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.