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ICICI Lombard General Insurance Company Operations Manager salaries in Mumbai

Annual salary range
2 - 11 years exp.
₹1.8 Lakh - ₹8.1 Lakhs
Salary of majority employees
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64% 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

BFSI, Investments & Trading
Operations Manager Salary
2 - 11 years exp. (64 salaries)
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₹1.8 L/yr - ₹8 L/yr

Customer Success, Service & Operations
Operations Manager Salary
2 - 11 years exp. (60 salaries)
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₹2.4 L/yr - ₹8.1 L/yr

Finance & Accounting
Operations Manager Salary
2 - 11 years exp. (14 salaries)
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₹2.5 L/yr - ₹6.4 L/yr

Data Science & Analytics
Operations Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.4 L/yr

Last Updated: 6 Feb 2025

Companies similar to ICICI Lombard General Insurance Company for Operations Manager in Mumbai

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ICICI Lombard General Insurance Company Operations Manager Salary

2 - 11 years exp. (161 salaries)

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₹1.8 L/yr - ₹8.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.3 L/yr - ₹7.8 L/yr

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₹4 L/yr - ₹9 L/yr

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Tata AIG Operations Manager Salary

5 - 12 years exp. (9 salaries)

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₹3.3 L/yr - ₹6 L/yr

arrow icon 30% more
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₹3.8 L/yr - ₹6.3 L/yr

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₹10.1 L/yr - ₹15.6 L/yr

arrow icon 201% more
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₹7.3 L/yr - ₹10 L/yr

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HDFC Life Operations Manager Salary

1 - 17 years exp. (9 salaries)

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₹1.5 L/yr - ₹10 L/yr

arrow icon 43% more
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₹3.7 L/yr - ₹9 L/yr

arrow icon 55% more
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₹3.1 L/yr - ₹5 L/yr

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₹5 L/yr - ₹13.5 L/yr

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PNB MetLife Operations Manager Salary

8 - 11 years exp. (3 salaries)

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₹7.7 L/yr - ₹11.2 L/yr

arrow icon 108% more
Operations Manager salary at ICICI Lombard General Insurance Company ranges between ₹1.8 Lakh to ₹8.1 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 161 latest salaries received from various employees of ICICI Lombard General Insurance Company.

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

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Experience wise ICICI Lombard General Insurance Company Operations Manager salaries in Mumbai

Last Updated: 6 Feb 2025

Experience Avg Annual Salary
2 years  (8 salaries)

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₹1.9 L/yr - ₹5.6 L/yr
3 years  (17 salaries)

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₹2.2 L/yr - ₹6 L/yr
4 years  (20 salaries)

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₹2 L/yr - ₹5.8 L/yr
5 years  (22 salaries)

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₹1.8 L/yr - ₹5.4 L/yr
6 years  (18 salaries)

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₹2.3 L/yr - ₹6.4 L/yr
View all

Similar Designation salaries in ICICI Lombard General Insurance Company

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₹2.5 L/yr - ₹8.25 L/yr
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₹7 L/yr - ₹10 L/yr
Area Manager Salary
(17 salaries)
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₹6.8 L/yr - ₹18.5 L/yr
Team Manager Salary
(11 salaries)
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₹2.45 L/yr - ₹12.47 L/yr
Branch Manager Salary
(10 salaries)
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₹4.75 L/yr - ₹12 L/yr
Deputy Manager Salary
(8 salaries)
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₹4.65 L/yr - ₹6.5 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

3.6

Rated by 25 employees for salary & benefits

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

 · 

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

 · 

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.

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  • 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.

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  • Skill development - Bad
  • +4 more
see more salary related reviews

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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 Mumbai?
Operations Manager salary at ICICI Lombard General Insurance Company in Mumbai ranges between ₹1.8 Lakhs to ₹8.1 Lakhs for experience between 2 years to 11 years. According to our estimates it is 64% less than the average Operations Manager Salary in India. Salary estimates are based on 161 latest salaries received from various employees of ICICI Lombard General Insurance Company Mumbai.
How does the salary of a Operations Manager at ICICI Lombard General Insurance Company Mumbai compare with the average salary range for this job?
The average salary of a Operations Manager at ICICI Lombard General Insurance Company is 64% less than the average salary of a Operations Manager in Mumbai. 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 Mumbai.
Which similar companies are paying more than ICICI Lombard General Insurance Company to a Operations Manager in Mumbai?
  • Tata AIA Life Insurance Operations Manager Salary - ₹10.1 Lakhs to ₹15.6 Lakhs per year
  • Bajaj Allianz Life Insurance Operations Manager Salary - ₹5.0 Lakhs to ₹13.5 Lakhs per year
  • PNB MetLife Operations Manager Salary - ₹7.7 Lakhs to ₹11.2 Lakhs per year
  • SBI Life Insurance Company Operations Manager Salary - ₹7.3 Lakhs to ₹10.0 Lakhs per year
  • ICICI Prudential Life Insurance Operations Manager Salary - ₹3.7 Lakhs to ₹9.0 Lakhs per year
What is the salary of a Operations Manager in companies similar to ICICI Lombard General Insurance Company in Mumbai?
  • HDFC Life Operations Manager Salary - ₹1.5 Lakhs to ₹10.0 Lakhs per year
  • Reliance General Insurance Operations Manager Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
  • HDFC Ergo General Insurance Operations Manager Salary - ₹2.3 Lakhs to ₹7.8 Lakhs per year
  • Tata AIG Operations Manager Salary - ₹3.3 Lakhs to ₹6.0 Lakhs per year
  • SBI General Insurance Operations Manager Salary - ₹3.8 Lakhs to ₹6.3 Lakhs per year
What is the estimated take home salary of a Operations Manager at ICICI Lombard General Insurance Company in Mumbai?
The estimated take-home salary of a Operations Manager at ICICI Lombard General Insurance Company ranges between ₹29,024 per month to ₹30,402 per month in Mumbai. 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 ₹8.1 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 in Mumbai?
According to AmbitionBox, 71% of the ICICI Lombard General Insurance Company Operations Managers in Mumbai reported a notice period of 3 Months, 15% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 95 responses on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company Operations Manager salary in Mumbai ranges between ₹1.8 Lakh to ₹8.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 161 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.