ICICI Lombard General Insurance Company Policy Processing Officer Salaries by 2 Employees

1 - 4 years exp.

₹3 Lakhs - ₹3.8 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Salaries in different departments

BFSI, Investments & Trading Policy Processing Officer Salary 4 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.5 L/yr
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Sales & Business Development Policy Processing Officer Salary 1 year exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 28 Jan 2024

Companies similar to ICICI Lombard General Insurance Company for Policy Processing Officer

Company name	Avg Annual Salary	Open Jobs
Allianz Policy Processing Officer Salary 1 - 3 years exp. (3 salaries)	₹2.3 L/yr - ₹3.2 L/yr 24% less
Universal Sompo General Insurance Policy Processing Officer Salary 3 - 7 years exp. (5 salaries)	₹2.3 L/yr - ₹3.4 L/yr 13% less
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PolicyBazaar Policy Processing Officer Salary 1 - 2 years exp. (4 salaries)	₹3.1 L/yr - ₹5 L/yr 30% more
Royal Sundaram General Insurance Policy Processing Officer Salary 0 - 2 years exp. (4 salaries)	₹0.8 L/yr - ₹3.6 L/yr 55% less
HDFC Ergo General Insurance Policy Processing Officer Salary 4 - 6 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 8% more

Policy Processing Officer salary at ICICI Lombard General Insurance Company ranges between ₹3 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 2 latest salaries received from various employees of ICICI Lombard General Insurance Company.

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Salary related reviews for ICICI Lombard General Insurance Company

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

Sales Executive in Navi Mumbai

Customer Success, Service & Operations Department

4.0

• posted on 23 Nov 2020

3.0

for Salary and Benefits

Likes

...vironmenta also good & huge cafeteria as well as gaming activities for chilling. Company policy are good, appraisal for fair and they give good salary hoke and bonus every year.

Skill development - Good

Customer Care Executive in Hyderabad Gachibowli

Marketing & Communication Department

2.0

• posted on 12 Oct 2021

1.0

for Salary and Benefits

Likes

...g queue for tea and coffee because tea and coffee is available for limited time. salary is not good. They pay for a 9:30 hours but actually they take your 11 hours for work only and not even giving a overtime incentive. there is no career growth. But yes i was lucky because my team leader and Teammates are very supportive and caring. I meet so many people in lombard and realize no one is happy everyone is working because they want to gain experience and icici lombard is a big name so they can find a better job and i think lombard is already known this that's why they give a very less basic salary and quarterly incentives.

Dislikes

They dont value There employees

Salary - Bad

+6 more

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ICICI Lombard General Insurance Company Policy Processing Officer Salary FAQs

How the salary growth look like for a Policy Processing Officer at ICICI Lombard General Insurance Company in India?

The salary growth for a Policy Processing Officer at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Policy Processing Officer can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience	Average Salary Range
1 year	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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ICICI Lombard General Insurance Company Policy Processing Officer Salaries

ICICI Lombard General Insurance Company Policy Processing Officer salary in India ranges between ₹3 Lakhs to ₹3.8 Lakhs. This is an estimate based on latest salaries received from employees of ICICI Lombard General Insurance Company.