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3.7

based on 4.6k Reviews

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

Annual salary range
1 - 4 years exp.
₹6 Lakhs - ₹12 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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5% more than the average Marine Underwriter Salary in Insurance Companies for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Marine Underwriter Salary
3 - 4 years exp. (4 salaries)
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₹6 L/yr - ₹10.5 L/yr

Marketing & Communication
Marine Underwriter Salary
1 year exp. (AmbitionBox Estimate)
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₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 3 Apr 2025

Companies similar to ICICI Lombard General Insurance Company for Marine Underwriter

Company name Avg Annual Salary Open Jobs
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Tata AIG Marine Underwriter Salary

0 - 7 years exp. (4 salaries)
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₹4.9 L/yr - ₹9 L/yr

arrow icon 15% less
Marine Underwriter salary at ICICI Lombard General Insurance Company ranges between ₹6 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 4 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 Marine Underwriter

2d ago
₹8 Lakhs
1 year exp.
1mo ago
₹10.5 Lakhs
3 years exp.
4mo ago
₹12 Lakhs
4 years exp.

Experience wise ICICI Lombard General Insurance Company Marine Underwriter salaries

Last Updated: 3 Apr 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr
2 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.3 L/yr
3 years  (3 salaries)

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₹6 L/yr - ₹10.5 L/yr
4 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

Senior Underwriter Salary
(AmbitionBox Estimate)
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₹11.3 L/yr - ₹14.4 L/yr
Underwriter Salary
(45 salaries)
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₹3.72 L/yr - ₹10 L/yr
Process Developer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Senior Associate Salary
(13 salaries)
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₹3 L/yr - ₹6.5 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr
Process Associate Salary
(9 salaries)
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₹2.15 L/yr - ₹3 L/yr
Senior Analyst Salary
(4 salaries)
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₹3.1 L/yr - ₹16.15 L/yr
Chief Manager Salary
(483 salaries)
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₹9.46 L/yr - ₹23 L/yr
Deputy Manager Salary
(15 salaries)
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₹4.65 L/yr - ₹13.25 L/yr
Analyst Salary
(19 salaries)
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₹4 L/yr - ₹14.36 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

3.0

Rated by 2 employees for salary & benefits

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

read more
  • 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.

read more
  • Skill development - Poor
    • +4 more

Associate Vice President in Bangalore / Bengaluru

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 24 Jun 2023
4.0
 for  Salary and Benefits

Likes

IL is company where you get freedom to work and explore. The management and line managers belive in the employee to go out of box and get the things done. Also there work life balance which is very important.

read more
  • Salary - Good
    • +6 more

Dislikes

Salary increments are lower when compared to other Competitors.

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.

read more
  • 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.

read more
  • Promotions - Poor

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.

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

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

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
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ICICI Lombard General Insurance Company Marine Underwriter Salary FAQs

What is the salary of Marine Underwriter at ICICI Lombard General Insurance Company ?
The average salary of a Marine Underwriter at ICICI Lombard General Insurance Company in India typically ranges from ₹6.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Marine Underwriter at ICICI Lombard General Insurance Company earn more than ₹11.9 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Marine Underwriter 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 Marine Underwriter at ICICI Lombard General Insurance Company in India?
The estimated take-home salary of a Marine Underwriter at ICICI Lombard General Insurance Company in India typically ranges from ₹59,582 to ₹61,087 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹12.0 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 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 is the salary of a Marine Underwriter in companies similar to ICICI Lombard General Insurance Company in India?
The salary of a Marine Underwriter 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:

Tata AIG ₹4.9 Lakhs to ₹9.0 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 Marine Underwriter at ICICI Lombard General Insurance Company in India?
The salary growth for a Marine Underwriter at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Marine Underwriter can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
1 year ₹5.4 Lakhs to ₹6.9 Lakhs per year
2 years ₹6.5 Lakhs to ₹8.3 Lakhs per year
3 years ₹6.0 Lakhs to ₹10.5 Lakhs per year
4 years ₹9.3 Lakhs to ₹11.9 Lakhs per year
and so on.

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ICICI Lombard General Insurance Company Marine Underwriter Salaries by Location

ICICI Lombard General Insurance Company Marine Underwriter salary in India ranges between ₹6 Lakhs to ₹12 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.