ICICI Lombard General Insurance Company Risk Manager Salaries by 7 Employees (Updated 2025)

0 - 9 years exp.

₹7 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

8% less than the average Risk Manager Salary in Insurance Companies for 0 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Risk Manager Salary 6 years exp. (AmbitionBox Estimate)	₹11.3 L/yr - ₹13.8 L/yr
Finance & Accounting Risk Manager Salary 6 years exp. (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.3 L/yr
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Consulting Risk Manager Salary 3 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr

Last Updated: 7 Dec 2024

Companies similar to ICICI Lombard General Insurance Company for Risk Manager

Company name	Avg Annual Salary	Open Jobs
Reliance General Insurance Risk Manager Salary 1 - 10 years exp. (5 salaries)	₹2.8 L/yr - ₹13 L/yr 34% less
Tata AIG Risk Manager Salary 5 - 8 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 12% less
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SBI General Insurance Risk Manager Salary 0 - 12 years exp. (4 salaries)	₹11 L/yr - ₹13 L/yr 6% more
SBI Life Insurance Company Risk Manager Salary 4 - 8 years exp. (7 salaries)	₹9.4 L/yr - ₹21 L/yr 18% more
ICICI Prudential Life Insurance Risk Manager Salary 9 - 14 years exp. (6 salaries)	₹5.6 L/yr - ₹8.6 L/yr 34% less
Aditya Birla Sun Life Insurance Risk Manager Salary 5 - 11 years exp. (5 salaries)	₹9 L/yr - ₹15 L/yr 8% less
Iffco Tokio General Insurance Co. Risk Manager Salary 7 - 10 years exp. (5 salaries)	₹8.8 L/yr - ₹10.7 L/yr 16% less
HDFC Life Risk Manager Salary 15 - 17 years exp. (4 salaries)	₹11 L/yr - ₹15 L/yr 12% more

Risk Manager salary at ICICI Lombard General Insurance Company ranges between ₹7 Lakhs to ₹15 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 7 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Experience wise ICICI Lombard General Insurance Company Risk Manager salaries

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹10.5 L/yr - ₹12 L/yr
1 year (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
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2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹15 L/yr
3 years (AmbitionBox Estimate)	₹7 L/yr - ₹20.3 L/yr
4 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr
5 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
6 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹12.5 L/yr
7 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
8 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹12 L/yr

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Similar Designation salaries in ICICI Lombard General Insurance Company

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Senior Audit Manager Salary

(AmbitionBox Estimate)

₹20.7 L/yr - ₹26.5 L/yr

Senior Associate Salary

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(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Top skills at ICICI Lombard General Insurance Company for Risk Manager

IT Infrastructure IT Audit IT Governance IT Risk

Salary related reviews for ICICI Lombard General Insurance Company

4.0

Rated by 1 employees for salary & benefits

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

Branch Manager in Kolkata

Full Time

Sales Department

4.0

• posted on 01 Jan 2021

5.0

for Salary and Benefits

Likes

Thinking about the future and placing itself in front above other co.

Salary - Excellent

+1 more

Dislikes

Changes in designation, pressure of your package in your job responsibilities are huge, especially in East the culture is not as professional as in other zones.

Job security - Poor

Verification Officer in Mumbai

Full Time

Administration & Facilities Department

3.0

• posted on 19 Jan 2025

2.0

for Salary and Benefits

Likes

I had good co- workers with me. Friendly Team leader. That was the best part in my department.

Dislikes

...y. The TL and management will make your life hell. Even they call you on Sunday. With no extra pay.No work life balance at all.

Salary - Poor

+3 more

Unit Sales Manager in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 23 Dec 2024

3.0

for Salary and Benefits

Likes

Nothing as such, only u got salary on time

Job security - Good

Dislikes

Everything is worth from the top level to bottom level no one is supportive even HR's only listen to top level like your manager you are reporting to ... No appraisal no hike nothing specially for campus hire.. If you r fresher so definitely you will get 5 rating and no hike ,even you did too good in terms of business... No one will listen your point , top level is always right here

Skill development - Poor

+4 more

Customer Relationship Management Executive in Hyderabad / Secunderabad

Full Time

Other Department

5.0

• posted on 22 Nov 2024

2.0

for Salary and Benefits

Likes

Coordinates between the people

Job security - Good

+1 more

Dislikes

... the time of final scour means there is something is going to wrong internally . New joining people and we are not eligible for the bonus and incentives

Salary - Poor

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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ICICI Lombard General Insurance Company Risk Manager Salary FAQs

What is the salary of Risk Manager at ICICI Lombard General Insurance Company?

Risk Manager salary at ICICI Lombard General Insurance Company in India ranges between ₹7.0 Lakhs to ₹15.0 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 8% less than the average Risk Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of ICICI Lombard General Insurance Company India.

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

The average salary of a Risk Manager at ICICI Lombard General Insurance Company is 8% less than the average salary of a Risk Manager in India. To know exact salary insights, login to view.

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

IT Infrastructure, IT Audit, IT Governance and IT Risk are some of the popular skills required to work as a Risk Manager at ICICI Lombard General Insurance Company India.

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

SBI Life Insurance Company Risk Manager Salary - ₹9.4 Lakhs to ₹21.0 Lakhs per year
HDFC Life Risk Manager Salary - ₹11.0 Lakhs to ₹15.0 Lakhs per year
SBI General Insurance Risk Manager Salary - ₹11.0 Lakhs to ₹13.0 Lakhs per year

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

Aditya Birla Sun Life Insurance Risk Manager Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year
Tata AIG Risk Manager Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
Iffco Tokio General Insurance Co. Risk Manager Salary - ₹8.8 Lakhs to ₹10.7 Lakhs per year
Reliance General Insurance Risk Manager Salary - ₹2.8 Lakhs to ₹13.0 Lakhs per year
ICICI Prudential Life Insurance Risk Manager Salary - ₹5.6 Lakhs to ₹8.6 Lakhs per year

What is the estimated take home salary of a Risk Manager at ICICI Lombard General Insurance Company in India?

The estimated take-home salary of a Risk Manager at ICICI Lombard General Insurance Company ranges between ₹81,032 per month to ₹83,144 per month in India. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Risk Manager salary in India which ranges between ₹7.0 Lakhs to ₹15.0 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the ICICI Lombard General Insurance Company Risk Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company Risk Manager Salaries

ICICI Lombard General Insurance Company Risk Manager salary in India ranges between ₹7 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.