ICICI Lombard General Insurance Company Operations Manager Salaries by 200+ Employees (Updated 2025)

2 - 11 years exp.

₹1.8 Lakh - ₹9 Lakhs

Salary of majority employees

58% less than the average Operations Manager Salary in Insurance Companies for 2 - 11 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Customer Success, Service & Operations Operations Manager Salary 2 - 11 years exp. (110 salaries)	₹2 L/yr - ₹9 L/yr
BFSI, Investments & Trading Operations Manager Salary 2 - 11 years exp. (105 salaries)	₹1.8 L/yr - ₹8 L/yr
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Finance & Accounting Operations Manager Salary 2 - 11 years exp. (16 salaries)	₹2.5 L/yr - ₹6.4 L/yr
Data Science & Analytics Operations Manager Salary 2 - 9 years exp. (10 salaries)	₹3 L/yr - ₹7 L/yr

Last Updated: 9 Feb 2025

Companies similar to ICICI Lombard General Insurance Company for Operations Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Operations Manager Salary 6 - 14 years exp. (19 salaries)	₹2.3 L/yr - ₹9.6 L/yr 14% more
Bajaj Allianz General Insurance Operations Manager Salary 0 - 14 years exp. (13 salaries)	₹1.5 L/yr - ₹7 L/yr 18% more
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Reliance General Insurance Operations Manager Salary 3 - 16 years exp. (48 salaries)	₹2.4 L/yr - ₹9 L/yr 8% more
Tata AIG Operations Manager Salary 3 - 13 years exp. (30 salaries)	₹3.3 L/yr - ₹10 L/yr 24% more
Star Health & Allied Insurance Operations Manager Salary 6 - 16 years exp. (4 salaries)	₹3 L/yr - ₹7.8 L/yr 1% less
Future Generali India Life Insurance Operations Manager Salary 5 - 8 years exp. (6 salaries)	₹3.2 L/yr - ₹12.5 L/yr 59% more
SBI General Insurance Operations Manager Salary 2 - 16 years exp. (5 salaries)	₹3.8 L/yr - ₹6.3 L/yr 2% more
Max Life Insurance Operations Manager Salary 2 - 16 years exp. (50 salaries)	₹2.2 L/yr - ₹11 L/yr 39% more
SBI Life Insurance Company Operations Manager Salary 6 - 17 years exp. (44 salaries)	₹3.6 L/yr - ₹13 L/yr 72% more
ICICI Prudential Life Insurance Operations Manager Salary 1 - 15 years exp. (45 salaries)	₹2.2 L/yr - ₹9 L/yr 2% more
HDFC Life Operations Manager Salary 1 - 17 years exp. (38 salaries)	₹1.5 L/yr - ₹10.4 L/yr 25% more
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Kotak Mahindara Life Insurance Operations Manager Salary 1 - 13 years exp. (39 salaries)	₹2.7 L/yr - ₹8.5 L/yr 4% more
AXA Business Services Operations Manager Salary 9 - 20 years exp. (29 salaries)	₹11 L/yr - ₹23 L/yr 266% more
Iffco Tokio General Insurance Co. Operations Manager Salary 2 - 12 years exp. (23 salaries)	₹1.7 L/yr - ₹9.5 L/yr 15% more
Tata AIA Life Insurance Operations Manager Salary 0 - 18 years exp. (21 salaries)	₹6.5 L/yr - ₹15.6 L/yr 158% more
Bajaj Allianz Life Insurance Operations Manager Salary 4 - 19 years exp. (17 salaries)	₹3.5 L/yr - ₹15 L/yr 85% more
Guardian India Operations Manager Salary 8 - 15 years exp. (13 salaries)	₹8.9 L/yr - ₹16 L/yr 164% more
MDIndia Health Insurance TPA Operations Manager Salary 0 - 14 years exp. (11 salaries)	₹5.1 L/yr - ₹8.2 L/yr 35% more	1 job opening
Reliance Nippon Life Insurance Operations Manager Salary 5 - 16 years exp. (10 salaries)	₹2.9 L/yr - ₹3.9 L/yr 23% less
First American Corporation Operations Manager Salary 15 - 21 years exp. (9 salaries)	₹15 L/yr - ₹23 L/yr 255% more

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 2 years to 11 years. Salary estimates are based on 289 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Experience wise ICICI Lombard General Insurance Company Operations Manager salaries

Last Updated: 9 Feb 2025

Experience	Avg Annual Salary
2 years (24 salaries)	₹1.8 L/yr - ₹7.2 L/yr
3 years (30 salaries)	₹2.2 L/yr - ₹7 L/yr
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4 years (29 salaries)	₹2 L/yr - ₹6 L/yr
5 years (37 salaries)	₹1.8 L/yr - ₹6 L/yr
6 years (27 salaries)	₹2.3 L/yr - ₹7 L/yr
7 years (39 salaries)	₹2.3 L/yr - ₹7 L/yr
8 years (30 salaries)	₹2.6 L/yr - ₹7.2 L/yr
9 years (27 salaries)	₹2.5 L/yr - ₹8 L/yr
10 years (31 salaries)	₹2.7 L/yr - ₹9 L/yr
11 years (15 salaries)	₹3.5 L/yr - ₹8.5 L/yr

View all

Similar Designation salaries in ICICI Lombard General Insurance Company

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Senior Operations Manager Salary

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₹4.7 L/yr - ₹12 L/yr

Department Manager Salary

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₹6 L/yr - ₹15 L/yr

Service Manager Salary

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₹4 L/yr - ₹5.5 L/yr

Team Manager Salary

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₹2.45 L/yr - ₹11 L/yr

Store Manager Salary

(3 salaries)

₹2.1 L/yr - ₹11.6 L/yr

Branch Manager Salary

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₹4.5 L/yr - ₹13 L/yr

Area Manager Salary

(55 salaries)

₹6.8 L/yr - ₹20 L/yr

Deputy Manager Salary

(14 salaries)

₹4.65 L/yr - ₹11 L/yr

Program Manager Salary

(3 salaries)

₹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

3.5

Rated by 64 employees for salary & benefits

Operations Manager in Gurgaon / Gurugram

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.

Salary - Bad

+4 more

Operations Manager in Hyderabad / Secunderabad

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.

Salary - Poor

+5 more

Operations Manager in Mumbai

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

Salary - Poor

+3 more

Branch Manager in Haldwani

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.

Job security - Bad

+3 more

Customer Service Manager in Jamshedpur

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.

Skill development - Bad

+4 more

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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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?

Operations Manager salary at ICICI Lombard General Insurance Company in India ranges between ₹1.8 Lakhs to ₹9.0 Lakhs for experience between 2 years to 11 years. According to our estimates it is 58% less than the average Operations Manager Salary in India. Salary estimates are based on 289 latest salaries received from various employees of ICICI Lombard General Insurance Company India.

How does the salary of a Operations Manager at ICICI Lombard General Insurance Company India compare with the average salary range for this job?

The average salary of a Operations Manager at ICICI Lombard General Insurance Company is 58% less than the average salary of a Operations Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Operations Manager at ICICI Lombard General Insurance Company?

SLA Management, Operations Management, Leadership Skills, KPI Analysis and Attrition Control are some of the popular skills required to work as a Operations Manager at ICICI Lombard General Insurance Company India.

Which similar companies are paying more than ICICI Lombard General Insurance Company to a Operations Manager in India?

Allstate Operations Manager Salary - ₹14.5 Lakhs to ₹50.0 Lakhs per year
Gallagher Operations Manager Salary - ₹15.9 Lakhs to ₹21.3 Lakhs per year
AXA Business Services Operations Manager Salary - ₹11.0 Lakhs to ₹23.0 Lakhs per year
First American Corporation Operations Manager Salary - ₹15.0 Lakhs to ₹23.0 Lakhs per year
Guardian India Operations Manager Salary - ₹8.9 Lakhs to ₹16.0 Lakhs per year

What is the salary of a Operations Manager in companies similar to ICICI Lombard General Insurance Company in India?

Tata AIA Life Insurance Operations Manager Salary - ₹6.5 Lakhs to ₹15.6 Lakhs per year
Bajaj Allianz Life Insurance Operations Manager Salary - ₹3.5 Lakhs to ₹15.0 Lakhs per year
SBI Life Insurance Company Operations Manager Salary - ₹3.6 Lakhs to ₹13.0 Lakhs per year
Future Generali India Life Insurance Operations Manager Salary - ₹3.2 Lakhs to ₹12.5 Lakhs per year
Canara HSBC Life Insurance Operations Manager Salary - ₹3.3 Lakhs to ₹12.4 Lakhs per year

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 ranges between ₹33,881 per month to ₹35,137 per month in India. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Operations Manager salary in India which ranges between ₹1.8 Lakhs to ₹9.0 Lakhs per year for employees with experience between 2 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Operations Manager at ICICI Lombard General Insurance Company?

According to AmbitionBox, 62% of the ICICI Lombard General Insurance Company Operations Managers reported a notice period of 3 Months, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 169 responses on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company Operations Manager Salaries by Location

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ICICI Lombard General Insurance Company Operations Manager Salaries

ICICI Lombard General Insurance Company Operations Manager salary in India ranges between ₹1.8 Lakh to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 289 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.

ICICI Lombard General Insurance Company Operations Manager salaries in India

Companies similar to ICICI Lombard General Insurance Company for Operations Manager

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

Experience wise ICICI Lombard General Insurance Company Operations Manager salaries

Similar Designation salaries in ICICI Lombard General Insurance Company

Top skills at ICICI Lombard General Insurance Company for Operations Manager

Salary related reviews for ICICI Lombard General Insurance Company

Operations Manager in Gurgaon / Gurugram

Operations Manager in Hyderabad / Secunderabad

Operations Manager in Mumbai

Branch Manager in Haldwani

Customer Service Manager in Jamshedpur

ICICI Lombard General Insurance Company Operations Manager Salary FAQs

Tell us how to improve this page.

ICICI Lombard General Insurance Company Operations Manager Salaries by Location