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ICICI Lombard General Insurance Company Manager salaries in Bhopal (Updated 2025)

Annual salary range
2 - 8 years exp.
₹5.3 Lakhs - ₹10.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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52% less than the average Manager Salary in Insurance Companies for 2 - 8 years of experience

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Salaries in different departments

Sales & Business Development
Manager Salary
4 - 6 years exp. (3 salaries)
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₹5.4 L/yr - ₹7.8 L/yr

BFSI, Investments & Trading
Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹5.3 L/yr - ₹7.7 L/yr

Marketing & Communication
Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹5.6 L/yr - ₹10.3 L/yr

Last Updated: 25 Jan 2025

Companies similar to ICICI Lombard General Insurance Company for Manager in Bhopal

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ICICI Lombard General Insurance Company Manager Salary

2 - 8 years exp. (6 salaries)

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₹5.3 L/yr - ₹10.3 L/yr

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Manager salary at ICICI Lombard General Insurance Company ranges between ₹5.3 Lakhs to ₹10.3 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company Manager in Bhopal

2mo ago
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5 years exp.
6mo ago
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5 years exp.
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4 years exp.

Experience wise ICICI Lombard General Insurance Company Manager salaries in Bhopal

Last Updated: 25 Jan 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.5 L/yr
3 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹6.7 L/yr
4 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.8 L/yr
5 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
View all
ICICI Lombard General Insurance Company Manager Salary and Career Growth

From

To

Manager

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2 - 14 years exp.

Chief Manager

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3 - 19 years exp.

Manager 2 - 14 years exp.
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Senior Manager 0 - 19 years exp.
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arrow icon 41% hike
    Chief Manager 3 - 19 years exp.
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    arrow icon 68% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Top skills at ICICI Lombard General Insurance Company for Manager

    General Insurance Claims Processing Indirect Taxation Process Improvement Ca

    Salary related reviews for ICICI Lombard General Insurance Company

    4.0

    Rated by 1 employees for salary & benefits

    Full Time

     · 

    Sales & Business Development Department

    1.0
      •  posted on 30 Sep 2024

    1.0
     for  Salary and Benefits

    Likes

    Nothing, if you have an option please avoid this organisation even if you don’t please find other interest for yourself

    Dislikes

    Everything, work culture is pathetic, salary is market minimum, work planning is pathetic as well most teams are just eating each others business, team leaders are lost when I comes to challenges, and the worst operations teams ever, if you are in sales you would wish you never worked. Dying a beggar is better than joining this place

    read more
    • Salary - Bad
    • +6 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    4.0
      •  posted on 30 Jul 2023

    4.0
     for  Salary and Benefits

    Likes

    If you’re looking for good salary and perks, go forward.

    • Salary - Good
    • +1 more

    Dislikes

    No work life balance. You can hardly manage your personal and professional life here simultaneously. Upper Management treats like robot. Although your working days are Mon-Fri, but you have to work on weekends also unofficially otherwise you’ll be scolded by upper management. Some old VPs working here are annoying.

    read more
    • Skill development - Bad
    • +3 more

    Full Time

     · 

    Sales & Business Development Department

    2.0
      •  posted on 11 Oct 2023

    1.0
     for  Salary and Benefits

    Likes

    Only thing good is the brand name and time to time salary

    • Job security - Excellent

    Dislikes

    Bad managers, no work life balance, we used to work late till 1am almost everyday. I had horrible manager and super manager. Too much of hierarchy and no one used to help or support. People were so arrogant that they would bully and not teach anything to the new joinees.

    read more
    • Salary - Bad
    • +4 more

    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.

    read more
    • Job security - Excellent
    • +4 more

    Dislikes

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

    read more

    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

    read more
    • 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

    read 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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    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 Manager Salary FAQs

    What is the salary of Manager at ICICI Lombard General Insurance Company in Bhopal?
    The average salary of a Manager at ICICI Lombard General Insurance Company in Bhopal typically ranges from ₹5.3 Lakhs to ₹10.3 Lakhs per year, depending on experience (from 2 years to 8 years).

    The top 10% of Manager in Bhopal at ICICI Lombard General Insurance Company earn more than ₹10.3 Lakhs per year, and the top 1% earn over ₹10.3 Lakhs per year. Manager 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 6 ICICI Lombard General Insurance Company employees in India.
    What is the estimated take home salary of a Manager at ICICI Lombard General Insurance Company in Bhopal?
    The estimated take-home salary of a Manager at ICICI Lombard General Insurance Company in Bhopal typically ranges from ₹50,255 to ₹51,441 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹10.3 Lakhs per year for employees with experience ranging from 2 years to 8 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 6 salaries received from various employees of ICICI Lombard General Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
    What are the key skills required to be a Manager at ICICI Lombard General Insurance Company in Bhopal?
    To be a Manager at ICICI Lombard General Insurance Company in Bhopal, the key skills required include:

    • - General Insurance
    • - Claims Processing
    • - Indirect Taxation
    • - Process Improvement
    • - Ca

    These skills are highly valued at ICICI Lombard General Insurance Company and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than ICICI Lombard General Insurance Company for Manager in India?
    Tafe Motors & Tractors ₹12.0 Lakhs to ₹20.0 Lakhs per year
    Trident Group ₹5.7 Lakhs to ₹20.0 Lakhs per year
    Dilip Buildcon ₹5.7 Lakhs to ₹15.0 Lakhs per year
    SBI Life Insurance Company ₹7.0 Lakhs to ₹12.0 Lakhs per year
    Axis Max Life Insurance ₹3.0 Lakhs to ₹9.3 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.
    How the salary growth look like for a Manager at ICICI Lombard General Insurance Company in Bhopal?
    The salary growth for a Manager at ICICI Lombard General Insurance Company in Bhopal depends on factors such as experience, performance, and promotions. On average, a Manager in Bhopal can expect the following growth trajectory at ICICI Lombard General Insurance Company:

    Experience Average Salary Range
    2 years ₹5.1 Lakhs to ₹6.5 Lakhs per year
    3 years ₹5.2 Lakhs to ₹6.7 Lakhs per year
    4 years ₹5.4 Lakhs to ₹6.8 Lakhs per year
    5 years ₹5.5 Lakhs to ₹7.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    ICICI Lombard General Insurance Company Manager salary in Bhopal ranges between ₹5.3 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.