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3.7

based on 4.3k Reviews

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ICICI Lombard General Insurance Company Renewal Executive salaries in India

Annual salary range
1 - 4 years exp.
₹1.4 Lakh - ₹2 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.
Salary of majority employees
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41% less than the average Renewal Executive Salary in Insurance Companies for 1 - 4 years of experience

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Salaries in different departments

Sales & Business Development
Renewal Executive Salary
2 - 4 years exp. (3 salaries)
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₹1.8 L/yr - ₹2.2 L/yr

Customer Success, Service & Operations
Renewal Executive Salary
1 year exp. (AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.5 L/yr

Last Updated: 25 Sep 2023

Companies similar to ICICI Lombard General Insurance Company for Renewal Executive

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₹1.2 L/yr - ₹5 L/yr

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₹1.5 L/yr - ₹3.6 L/yr

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₹1.8 L/yr - ₹4.3 L/yr

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₹2.9 L/yr - ₹4.2 L/yr

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₹1.9 L/yr - ₹3.2 L/yr

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₹1.9 L/yr - ₹3 L/yr

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₹1.6 L/yr - ₹3.5 L/yr

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₹1 L/yr - ₹2 L/yr

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HDFC Life Renewal Executive Salary

1 - 3 years exp. (5 salaries)

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₹0.6 L/yr - ₹3.4 L/yr

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Renewal Executive salary at ICICI Lombard General Insurance Company ranges between ₹1.4 Lakh to ₹2 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company Renewal Executive

1y ago
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4 years exp.
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1 year exp.
1y ago
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3 years exp.
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2 years exp.

Experience wise ICICI Lombard General Insurance Company Renewal Executive salaries

Last Updated: 25 Sep 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.4 L/yr - ₹2.7 L/yr
2 years (AmbitionBox Estimate)

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₹0.7 L/yr - ₹2 L/yr
3 years (AmbitionBox Estimate)

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₹0.7 L/yr - ₹2 L/yr
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

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(231 salaries)
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₹1.1 L/yr - ₹5.25 L/yr
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₹0.95 L/yr - ₹4.5 L/yr
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₹1.25 L/yr - ₹3.65 L/yr
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₹1.7 L/yr - ₹3 L/yr
Team Lead Salary
(133 salaries)
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₹1.05 L/yr - ₹8.5 L/yr
Analyst Salary
(22 salaries)
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₹3.7 L/yr - ₹13.88 L/yr
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₹3 L/yr - ₹6.3 L/yr
Senior Officer Salary
(25 salaries)
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₹2.3 L/yr - ₹4.25 L/yr
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₹1.65 L/yr - ₹4 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

4.0

Rated by 1 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

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

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.

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.

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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

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

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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.

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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.

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Dislikes

They dont value There employees

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ICICI Lombard General Insurance Company Renewal Executive Salary FAQs

What is the salary of Renewal Executive at ICICI Lombard General Insurance Company?
Renewal Executive salary at ICICI Lombard General Insurance Company in India ranges between ₹1.4 Lakhs to ₹2.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 41% less than the average Renewal Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of ICICI Lombard General Insurance Company India.
How does the salary of a Renewal Executive at ICICI Lombard General Insurance Company India compare with the average salary range for this job?
The average salary of a Renewal Executive at ICICI Lombard General Insurance Company is 41% less than the average salary of a Renewal Executive in India. To know exact salary insights, login to view.
Which similar companies are paying more than ICICI Lombard General Insurance Company to a Renewal Executive in India?
  • SBI General Insurance Renewal Executive Salary - ₹2.9 Lakhs to ₹4.2 Lakhs per year
  • Iffco Tokio General Insurance Co. Renewal Executive Salary - ₹1.6 Lakhs to ₹3.5 Lakhs per year
  • Star Health & Allied Insurance Renewal Executive Salary - ₹1.8 Lakhs to ₹4.3 Lakhs per year
  • Care Health Insurance Renewal Executive Salary - ₹1.9 Lakhs to ₹3.0 Lakhs per year
  • HDFC Ergo General Insurance Renewal Executive Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
What is the salary of a Renewal Executive in companies similar to ICICI Lombard General Insurance Company in India?
  • HDFC Life Renewal Executive Salary - ₹0.6 Lakhs to ₹3.4 Lakhs per year
  • Star Union Dai-ichi Life Insurance Renewal Executive Salary - ₹1.9 Lakhs to ₹3.2 Lakhs per year
  • Bajaj Allianz General Insurance Renewal Executive Salary - ₹1.5 Lakhs to ₹3.6 Lakhs per year
  • Bajaj Allianz Life Insurance Renewal Executive Salary - ₹1.0 Lakhs to ₹2.0 Lakhs per year
What is the estimated take home salary of a Renewal Executive at ICICI Lombard General Insurance Company in India?
The estimated take-home salary of a Renewal Executive at ICICI Lombard General Insurance Company ranges between ₹12,049 per month to ₹13,361 per month in India. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Renewal Executive salary in India which ranges between ₹1.4 Lakhs to ₹2.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?
What is the notice period for Renewal Executive at ICICI Lombard General Insurance Company?
According to AmbitionBox, 50% of the ICICI Lombard General Insurance Company Renewal Executives reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Renewal Executive salary in India ranges between ₹1.4 Lakh to ₹2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.