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

Annual salary range
1 - 11 years exp.
₹1.8 Lakh - ₹9 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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60% less than the average Operations Manager Salary in Insurance Companies for 1 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Operations Manager Salary
1 - 11 years exp. (110 salaries)
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₹2 L/yr - ₹9 L/yr

BFSI, Investments & Trading
Operations Manager Salary
1 - 11 years exp. (99 salaries)
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₹1.8 L/yr - ₹8 L/yr

Finance & Accounting
Operations Manager Salary
2 - 11 years exp. (16 salaries)
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₹2.5 L/yr - ₹6.4 L/yr

Data Science & Analytics
Operations Manager Salary
1 - 9 years exp. (9 salaries)
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₹3 L/yr - ₹7 L/yr

Last Updated: 2 Apr 2025

Companies similar to ICICI Lombard General Insurance Company for Operations Manager

Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹11 L/yr

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₹2.4 L/yr - ₹9 L/yr

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₹1.5 L/yr - ₹7.5 L/yr

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HDFC Life Operations Manager Salary

1 - 17 years exp. (38 salaries)

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₹1.5 L/yr - ₹10.4 L/yr

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₹2.7 L/yr - ₹9 L/yr

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AXA Business Services Operations Manager Salary

11 - 20 years exp. (29 salaries)

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₹10.1 L/yr - ₹25 L/yr

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Tata AIG Operations Manager Salary

5 - 12 years exp. (25 salaries)

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₹3.3 L/yr - ₹10 L/yr

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₹1.7 L/yr - ₹9.5 L/yr

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₹6.5 L/yr - ₹15.6 L/yr

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₹3.5 L/yr - ₹15 L/yr

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Guardian India Operations Manager Salary

9 - 15 years exp. (14 salaries)

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₹8.1 L/yr - ₹16 L/yr

arrow icon 163% more
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₹5.1 L/yr - ₹8.2 L/yr

arrow icon 40% more
1 job opening
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₹2.9 L/yr - ₹3.9 L/yr

arrow icon 21% less
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₹15 L/yr - ₹23 L/yr

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PNB MetLife Operations Manager Salary

8 - 17 years exp. (9 salaries)

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₹5.5 L/yr - ₹11.2 L/yr

arrow icon 49% more
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Allstate Operations Manager Salary

15 - 19 years exp. (8 salaries)

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₹17.5 L/yr - ₹50 L/yr

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1 job opening
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₹3.3 L/yr - ₹12.4 L/yr

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₹2.6 L/yr - ₹10.1 L/yr

arrow icon 25% more
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₹3.8 L/yr - ₹6.3 L/yr

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View all
Operations Manager salary at ICICI Lombard General Insurance Company ranges between ₹1.8 Lakh to ₹9 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 286 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company Operations Manager

2d ago
₹5.2 Lakhs
6 years exp.
2d ago
₹5.4 Lakhs
5 years exp.
4d ago
₹3.2 Lakhs
6 years exp.
2w ago
₹2.7 Lakhs
2 years exp.
2w ago
₹2.3 Lakhs
2 years exp.
3w ago
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10 years exp.
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1 year exp.
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10 years exp.
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3 years exp.
1mo ago
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11 years exp.

Experience wise ICICI Lombard General Insurance Company Operations Manager salaries

Last Updated: 2 Apr 2025

Experience Avg Annual Salary
1 year  (9 salaries)

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₹2.2 L/yr - ₹6.5 L/yr
2 years  (24 salaries)

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₹1.8 L/yr - ₹7.2 L/yr
3 years  (26 salaries)

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₹2.2 L/yr - ₹6 L/yr
4 years  (28 salaries)

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₹2 L/yr - ₹6 L/yr
5 years  (36 salaries)

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₹1.8 L/yr - ₹6 L/yr
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Similar Designation salaries in ICICI Lombard General Insurance Company

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₹2.5 L/yr - ₹8.6 L/yr
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₹6.15 L/yr - ₹12 L/yr
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₹6 L/yr - ₹15 L/yr
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₹4 L/yr - ₹5.5 L/yr
Team Manager Salary
(20 salaries)
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₹2.45 L/yr - ₹11 L/yr
Store Manager Salary
(3 salaries)
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₹2.1 L/yr - ₹11.6 L/yr
Branch Manager Salary
(213 salaries)
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₹5 L/yr - ₹13 L/yr
Area Manager Salary
(43 salaries)
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₹6.8 L/yr - ₹20 L/yr
Deputy Manager Salary
(15 salaries)
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₹4.65 L/yr - ₹13.25 L/yr
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₹8 L/yr - ₹22.5 L/yr

Top skills at ICICI Lombard General Insurance Company for Operations Manager

SLA Management Operations Management Leadership Skills KPI Analysis Attrition Control Process Enhancement Revenue Generation Service Delivery Management Customer Service Management retention management Outbound Sales Budgeting Skills Sop Preparation Process Management KPI Monitoring

Salary related reviews for ICICI Lombard General Insurance Company

3.4

Rated by 65 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

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 08 Jun 2024

4.0
 for  Salary and Benefits

Likes

Get salary on time,

  • Salary - Good
  • +1 more

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.

read more
  • Job security - Bad
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 23 Jan 2024

4.0
 for  Salary and Benefits

Likes

The organization is target driven and you have a secured job unless you have some integrity issue.

  • Salary - Good
  • +1 more

Dislikes

No work life balance. Appraisals are dependent on relations with your manager. Growth rate is very slow for both career as well as salary. Abusive managers.

read more
  • Skill development - Bad
  • +4 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 Operations Manager Salary FAQs

What is the salary of Operations Manager at ICICI Lombard General Insurance Company ?
The average salary of a Operations Manager at ICICI Lombard General Insurance Company in India typically ranges from ₹1.8 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 1 year to 11 years).

The top 10% of Operations Manager at ICICI Lombard General Insurance Company earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹8.1 Lakhs per year. Operations 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 200+ ICICI Lombard General Insurance Company employees in India.
What is the estimated take home salary of a Operations Manager at ICICI Lombard General Insurance Company in India?
The estimated take-home salary of a Operations Manager at ICICI Lombard General Insurance Company in India typically ranges from ₹32,964 to ₹34,234 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 1 year to 11 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 200+ 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 Operations Manager at ICICI Lombard General Insurance Company ?
To be a Operations Manager at ICICI Lombard General Insurance Company in india, the key skills required include:

  • - SLA Management
  • - Operations Management
  • - Leadership Skills
  • - KPI Analysis
  • - Attrition Control

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 Operations Manager in India?
Allstate ₹17.5 Lakhs to ₹50.0 Lakhs per year
AXA Business Services ₹10.1 Lakhs to ₹25.0 Lakhs per year
Gallagher ₹15.9 Lakhs to ₹21.3 Lakhs per year
First American Corporation ₹15.0 Lakhs to ₹23.0 Lakhs per year
AIG ₹15.0 Lakhs to ₹16.0 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 Operations Manager in companies similar to ICICI Lombard General Insurance Company in India?
The salary of a Operations Manager 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:

Allianz ₹8.0 Lakhs to ₹23.0 Lakhs per year
Tata AIA Life Insurance ₹6.5 Lakhs to ₹15.6 Lakhs per year
Guardian India ₹8.1 Lakhs to ₹16.0 Lakhs per year
Bajaj Allianz Life Insurance ₹3.5 Lakhs to ₹15.0 Lakhs per year
SBI Life Insurance Company ₹3.6 Lakhs to ₹13.0 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 Operations Manager at ICICI Lombard General Insurance Company in India?
The salary growth for a Operations Manager at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Operations Manager can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
1 year ₹2.2 Lakhs to ₹6.5 Lakhs per year
2 years ₹1.8 Lakhs to ₹7.2 Lakhs per year
3 years ₹2.2 Lakhs to ₹6.0 Lakhs per year
4 years ₹2.0 Lakhs to ₹6.0 Lakhs per year
and so on.

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ICICI Lombard General Insurance Company Operations Manager salary in India ranges between ₹1.8 Lakh to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 286 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.