ICICI Lombard General Insurance Company Sales & Business Development Manager Salaries by 4 Employees

1 - 15 years exp.

₹4.3 Lakhs - ₹20 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

6% less than the average Sales & Business Development Manager Salary in Insurance Companies for 1 - 15 years of experience

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Last Updated: 17 Jan 2024

Companies similar to ICICI Lombard General Insurance Company for Sales & Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Sales & Business Development Manager Salary 3 - 10 years exp. (5 salaries)	₹3.9 L/yr - ₹5.1 L/yr 61% less
ICICI Prudential Life Insurance Sales & Business Development Manager Salary 0 - 6 years exp. (3 salaries)	₹3.1 L/yr - ₹5.8 L/yr 62% less
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SBI Life Insurance Company Sales & Business Development Manager Salary 1 - 6 years exp. (3 salaries)	₹2.3 L/yr - ₹5 L/yr 72% less
HDFC Life Sales & Business Development Manager Salary 4 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹3.8 L/yr 76% less
Kotak Mahindara Life Insurance Sales & Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹3.2 L/yr - ₹3.8 L/yr 71% less

Sales & Business Development Manager salary at ICICI Lombard General Insurance Company ranges between ₹4.3 Lakhs to ₹20 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Experience wise ICICI Lombard General Insurance Company Sales & Business Development Manager salaries

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
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3 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
4 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.5 L/yr
5 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.9 L/yr
6 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
7 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
8 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr
9 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
10 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.8 L/yr
11 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.2 L/yr
12 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.6 L/yr
13 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹20 L/yr
14 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.3 L/yr
15+ years (AmbitionBox Estimate)	₹17.8 L/yr - ₹22.7 L/yr

View all

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Salary related reviews for ICICI Lombard General Insurance Company

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

Senior Unit Sales Manager in Kolhapur

Full Time

Sales & Business Development Department

4.0

• posted on 12 Sep 2024

3.0

for Salary and Benefits

Likes

Company managers are better for support to business and work . Work culture is better than other companies.

Work-life balance - Good

Dislikes

...med employees instead of new appointed freshers or other newly joined employees. If any vacancy generate as BM or any senior manager, HR appointed new candidate from other company with higher package instead of given chance to their old employees.

Skill development - Poor

+3 more

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

Associate Agency Development Manager in Kanpur

Full Time

Sales & Business Development Department

1.0

• posted on 01 Nov 2023

1.0

for Salary and Benefits

Likes

There was nothing to like there.

Dislikes

They don't give balance salary if you leave the organisation. They make you work for them free for 45 days. Incentives are not given. Fake people and fake support is given. Never work there and if working take their laptops and run away.

Salary - Bad

+6 more

Unit Sales Manager in Pune

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 Apr 2022

3.0

for Salary and Benefits

Likes

Company policies for front sales employee is nothing for career growth. Only management will grow and they will get everything for free like hike bonus. If you joined in Zonal Level profile everything will get to you but if you are in front sales only upper management will give good example how to grow in life.

Job security - Good

+2 more

Dislikes

Career growth is nothing here.

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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ICICI Lombard General Insurance Company Sales & Business Development Manager Salary FAQs

What is the salary of Sales & Business Development Manager at ICICI Lombard General Insurance Company ?

The average salary of a Sales & Business Development Manager at ICICI Lombard General Insurance Company in India typically ranges from ₹4.3 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 1 year to 15 years).

The top 10% of Sales & Business Development Manager at ICICI Lombard General Insurance Company earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Sales & Business Development Manager 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 4 ICICI Lombard General Insurance Company employees in India.

What is the estimated take home salary of a Sales & Business Development Manager at ICICI Lombard General Insurance Company in India?

The estimated take-home salary of a Sales & Business Development Manager at ICICI Lombard General Insurance Company in India typically ranges from ₹81,580 to ₹83,707 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 1 year to 15 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 4 salaries received from various employees of ICICI Lombard General Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Sales & Business Development Manager in companies similar to ICICI Lombard General Insurance Company in India?

The salary of a Sales & Business Development Manager at companies similar to ICICI Lombard General Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance	₹3.9 Lakhs to ₹5.1 Lakhs per year
ICICI Prudential Life Insurance	₹3.1 Lakhs to ₹5.8 Lakhs per year
Kotak Mahindara Life Insurance	₹3.2 Lakhs to ₹3.8 Lakhs per year
SBI Life Insurance Company	₹2.3 Lakhs to ₹5.0 Lakhs per year
HDFC Life	₹2.4 Lakhs to ₹3.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Sales & Business Development Manager at ICICI Lombard General Insurance Company in India?

The salary growth for a Sales & Business Development Manager at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Sales & Business Development Manager can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience	Average Salary Range
1 year	₹3.9 Lakhs to ₹4.9 Lakhs per year
2 years	₹3.9 Lakhs to ₹4.9 Lakhs per year
3 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
4 years	₹5.8 Lakhs to ₹7.5 Lakhs per year

and so on.

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ICICI Lombard General Insurance Company Sales & Business Development Manager Salaries

ICICI Lombard General Insurance Company Sales & Business Development Manager salary in India ranges between ₹4.3 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.

ICICI Lombard General Insurance Company Sales & Business Development Manager salaries in India

Companies similar to ICICI Lombard General Insurance Company for Sales & Business Development Manager

Latest annual salaries shared by ICICI Lombard General Insurance Company Sales & Business Development Manager

Experience wise ICICI Lombard General Insurance Company Sales & Business Development Manager salaries

Similar Designation salaries in ICICI Lombard General Insurance Company

Salary related reviews for ICICI Lombard General Insurance Company

Unit Sales Manager in Pune

Senior Unit Sales Manager in Kolhapur

Branch Manager in Haldwani

Associate Agency Development Manager in Kanpur

Unit Sales Manager in Pune

ICICI Lombard General Insurance Company Sales & Business Development Manager Salary FAQs

Tell us how to improve this page.