ICICI Lombard General Insurance Company New Delhi Risk Engineer Salaries by 5 Employees (Updated 2025)

8 - 10 years exp.

₹12 Lakhs - ₹17.1 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

5% more than the average Risk Engineer Salary in Insurance Companies for 8 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Risk Management & Compliance Risk Engineer Salary 8 - 10 years exp. (3 salaries)	₹12 L/yr - ₹17.1 L/yr
Login to view exact salary
Production, Manufacturing & Engineering Risk Engineer Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹12.5 L/yr - ₹12.9 L/yr

Last Updated: 22 Mar 2025

Risk Engineer salary at ICICI Lombard General Insurance Company ranges between ₹12 Lakhs to ₹17.1 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Experience wise ICICI Lombard General Insurance Company Risk Engineer salaries in New Delhi

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.9 L/yr
9 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.4 L/yr
Login to view exact salary
10 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.9 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

Chief Manager Salary

(59 salaries)

₹10 L/yr - ₹22 L/yr

Underwriter Salary

(5 salaries)

₹5.25 L/yr - ₹8 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

Chief Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 21 Sep 2023

4.0

for Salary and Benefits

Likes

Salary is good. Benefits for employees are good.job security is there.Eveeything is almost automated.Manual work is less

Salary - Good

+1 more

Dislikes

There is no work life balance at all. All the work is just given to you suddenly. 2 to 3 weekends in a month goes in office work.No proper division of work. Politics is there.Partiality is there. Lot of late sitting. No proper planning.

Skill development - Poor

+4 more

Associate Vice President in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 24 Jun 2023

4.0

for Salary and Benefits

Likes

IL is company where you get freedom to work and explore. The management and line managers belive in the employee to go out of box and get the things done. Also there work life balance which is very important.

Salary - Good

+6 more

Dislikes

Salary increments are lower when compared to other Competitors.

Chief Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 04 Oct 2023

4.0

for Salary and Benefits

Likes

The company is extremely customer-friendly and open to accept new technology. The amount of efforts put in creating better customer experience is superb.

Salary - Good

+1 more

Dislikes

When it comes to appraisals and salary increments, it is not transparent. They have a poor appraisal system and it is heavily partial.

Promotions - Poor

Customer Relationship Manager in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

4.0

• posted on 25 Mar 2025

3.0

for Salary and Benefits

Likes

There is several departments, i was working in ( CRT Department ), i had good experience at icici Lombard, if you are completing your on time so no one will force you for OT, if you want leave so you will have to inform few days back to your reporting person and your leave will be approved, we had office outing also, i had been there for 1 year i haven't felt any office politics.

Job security - Excellent

+4 more

Dislikes

Less salary IJP after 18 months No gift or sweet in diwali Less salary hike

Manager - CRM in Indore (working remotely)

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 02 Feb 2025

4.0

for Salary and Benefits

Likes

Salary received on time no delays. Leaves system was also as per the requirements

Salary - Good

+3 more

Dislikes

Breaks are not appropriate I have medical issues like over active bladder I need to go to washroom frequently between one two hours but there is no break just you have to take permissions for that also break schedule not good

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about ICICI Lombard General Insurance Company

View All

an avp

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?

Got a question about ICICI Lombard General Insurance Company?

Ask anonymously on communities.

ICICI Lombard General Insurance Company Risk Engineer Salary FAQs

What is the salary of Risk Engineer at ICICI Lombard General Insurance Company in New Delhi?

The average salary of a Risk Engineer at ICICI Lombard General Insurance Company in New Delhi typically ranges from ₹12.0 Lakhs to ₹17.1 Lakhs per year, depending on experience (from 8 years to 10 years).

The top 10% of Risk Engineer in New Delhi at ICICI Lombard General Insurance Company earn more than ₹17.1 Lakhs per year, and the top 1% earn over ₹17.1 Lakhs per year. Risk Engineer 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 5 ICICI Lombard General Insurance Company employees in India.

What is the estimated take home salary of a Risk Engineer at ICICI Lombard General Insurance Company in New Delhi?

The estimated take-home salary of a Risk Engineer at ICICI Lombard General Insurance Company in New Delhi typically ranges from ₹90,407 to ₹92,784 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹17.1 Lakhs per year for employees with experience ranging from 8 years to 10 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 5 salaries received from various employees of ICICI Lombard General Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

How the salary growth look like for a Risk Engineer at ICICI Lombard General Insurance Company in New Delhi?

The salary growth for a Risk Engineer at ICICI Lombard General Insurance Company in New Delhi depends on factors such as experience, performance, and promotions. On average, a Risk Engineer in New Delhi can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience	Average Salary Range
8 years	₹11.7 Lakhs to ₹14.9 Lakhs per year
9 years	₹12.0 Lakhs to ₹15.4 Lakhs per year
10 years	₹12.4 Lakhs to ₹15.9 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
ICICI Lombard General Insurance Company Salaries >
ICICI Lombard General Insurance Company Risk Engineer Salaries >
ICICI Lombard General Insurance Company Risk Engineer Salaries in New Delhi

ICICI Lombard General Insurance Company Risk Engineer salary in New Delhi ranges between ₹12 Lakhs to ₹17.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.