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ICICI Lombard General Insurance Company Senior Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 18 years exp.
₹5 Lakhs - ₹15.1 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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54% less than the average Senior Manager Salary in Insurance Companies for 0 - 18 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

Sales & Business Development
Senior Manager Salary
1 - 17 years exp. (109 salaries)
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₹5 L/yr - ₹13.3 L/yr

BFSI, Investments & Trading
Senior Manager Salary
0 - 18 years exp. (104 salaries)
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₹5.3 L/yr - ₹14 L/yr

Customer Success, Service & Operations
Senior Manager Salary
1 - 15 years exp. (42 salaries)
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₹5.8 L/yr - ₹14.5 L/yr

Finance & Accounting
Senior Manager Salary
0 - 18 years exp. (34 salaries)
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₹7.5 L/yr - ₹18 L/yr

Marketing & Communication
Senior Manager Salary
1 - 15 years exp. (25 salaries)
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₹5.5 L/yr - ₹12.5 L/yr

View all

Last Updated: 5 Apr 2025

Companies similar to ICICI Lombard General Insurance Company for Senior Manager in Mumbai

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ICICI Lombard General Insurance Company Senior Manager Salary

0 - 18 years exp. (520 salaries)

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₹5 L/yr - ₹15.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Tata AIA Life Insurance Senior Manager Salary

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SBI General Insurance Senior Manager Salary

5 - 16 years exp. (29 salaries)

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₹6.5 L/yr - ₹23.3 L/yr

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PNB MetLife Senior Manager Salary

8 - 16 years exp. (29 salaries)

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₹10.7 L/yr - ₹23 L/yr

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₹8.2 L/yr - ₹22.5 L/yr

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Axis Max Life Insurance Senior Manager Salary

5 - 16 years exp. (20 salaries)

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₹7.5 L/yr - ₹33.5 L/yr

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₹4.8 L/yr - ₹17 L/yr

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₹7 L/yr - ₹15.7 L/yr

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Gallagher Senior Manager Salary

10 - 21 years exp. (4 salaries)

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₹16 L/yr - ₹20.7 L/yr

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₹8.7 L/yr - ₹9.8 L/yr

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₹7.3 L/yr - ₹14 L/yr

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Senior Manager salary at ICICI Lombard General Insurance Company ranges between ₹5 Lakhs to ₹15.1 Lakhs per year for employees with less than 1 year of experience to 18 years. Salary estimates are based on 520 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company Senior Manager in Mumbai

4d ago
₹10.2 Lakhs
1 year exp.
6d ago
₹10 Lakhs
4 years exp.
6d ago
₹7.1 Lakhs
17 years exp.
1w ago
₹8.5 Lakhs
1 year exp.
1w ago
₹8 Lakhs
12 years exp.
1w ago
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1 year exp.
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1 year exp.
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11 years exp.

Experience wise ICICI Lombard General Insurance Company Senior Manager salaries in Mumbai

Last Updated: 5 Apr 2025

Experience Avg Annual Salary
Fresher  (12 salaries)

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₹6 L/yr - ₹12.7 L/yr
1 year  (57 salaries)

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₹6 L/yr - ₹12 L/yr
2 years  (32 salaries)

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₹5 L/yr - ₹12.4 L/yr
3 years  (30 salaries)

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₹5.5 L/yr - ₹12.5 L/yr
4 years  (23 salaries)

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₹7.1 L/yr - ₹12 L/yr
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ICICI Lombard General Insurance Company Senior Manager Salary and Career Growth

From

To

Senior Manager

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0 - 19 years exp.

Chief Manager

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3 - 19 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in ICICI Lombard General Insurance Company

Sales Manager Salary
(93 salaries)
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₹3.9 L/yr - ₹11.64 L/yr
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₹7 L/yr - ₹12 L/yr
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₹6 L/yr - ₹17.5 L/yr
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₹6.6 L/yr - ₹11.05 L/yr
Deputy Manager Salary
(9 salaries)
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₹4.65 L/yr - ₹11 L/yr
Branch Manager Salary
(8 salaries)
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₹6 L/yr - ₹12 L/yr
Area Manager Salary
(8 salaries)
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₹6.8 L/yr - ₹18.5 L/yr

Top skills at ICICI Lombard General Insurance Company for Senior Manager

General Insurance General Insurance Sales Insurance Sales Sales Agency Channel

Salary related reviews for ICICI Lombard General Insurance Company

3.2

Rated by 64 employees for salary & benefits

Full Time

 · 

Other Department

3.0
  •  posted on 02 Aug 2023

4.0
 for  Salary and Benefits

Likes

For new joiners the hike in salary good compare to market

  • Salary - Good

Dislikes

Not a great place to work Company culture ruined by middle managment specially by HR management . Dont be whistleblower coz as per HR manager you are the spokesperson of others

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 14 Feb 2023

4.0
 for  Salary and Benefits

Likes

Lombard traps only with the salary. Except the pay, nothing is good for an employee here

read more
  • Salary - Good

Dislikes

Work culture is horrible. Even “horrible” is an understatement. No work life balance. Employees are not treated well.

  • Skill development - Bad
  • +5 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 30 Apr 2022

2.0
 for  Salary and Benefits

Likes

Pure politics company policies are deferent and fair Appraisal, salary hike is only in Documents only , no any HR discussed Regarding This ......

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Dislikes

HR talk about company Achievements not interested to how employee will working , HR only interested to company Great Place award and Vishwas Surve other then nothing to do. Company Save his money to achieve Milestone not Employees Satisfaction. Career and Salary Growth like New Startups in India

read more
  • Salary - Poor
  • +5 more

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.

read more
  • Job security - Bad
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 07 Mar 2024

2.0
 for  Salary and Benefits

Likes

Good organization but motor claim department having lot of work load and there is very much biased in ratings and promotion

read more

Dislikes

...year of my carrier I got only one promotion and one good ratings Started with 2.4 lakh and ended with 8 lakhs package per annum

read more
  • Salary - Poor
  • +6 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about ICICI Lombard General Insurance Company

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2w
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?
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ICICI Lombard General Insurance Company Senior Manager Salary FAQs

What is the salary of Senior Manager at ICICI Lombard General Insurance Company in Mumbai?
The average salary of a Senior Manager at ICICI Lombard General Insurance Company in Mumbai typically ranges from ₹5.0 Lakhs to ₹15.1 Lakhs per year, depending on experience (from Fresher to 18 years).

The top 10% of Senior Manager in Mumbai at ICICI Lombard General Insurance Company earn more than ₹12.6 Lakhs per year, and the top 1% earn over ₹18.1 Lakhs per year. Senior 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 500+ ICICI Lombard General Insurance Company employees in India.
What is the estimated take home salary of a Senior Manager at ICICI Lombard General Insurance Company in Mumbai?
The estimated take-home salary of a Senior Manager at ICICI Lombard General Insurance Company in Mumbai typically ranges from ₹71,218 to ₹73,052 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹15.1 Lakhs per year for employees with experience ranging from Fresher to 18 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 500+ 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 are the key skills required to be a Senior Manager at ICICI Lombard General Insurance Company in Mumbai?
To be a Senior Manager at ICICI Lombard General Insurance Company in Mumbai, the key skills required include:

  • - General Insurance
  • - General Insurance Sales
  • - Insurance Sales
  • - Sales
  • - Agency Channel

These skills are highly valued at ICICI Lombard General Insurance Company and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than ICICI Lombard General Insurance Company for Senior Manager in India?
Tata AIA Life Insurance ₹10.8 Lakhs to ₹40.0 Lakhs per year
Axis Max Life Insurance ₹7.5 Lakhs to ₹33.5 Lakhs per year
ICICI Prudential Life Insurance ₹10.7 Lakhs to ₹29.0 Lakhs per year
Gallagher ₹16.0 Lakhs to ₹20.7 Lakhs per year
PNB MetLife ₹10.7 Lakhs to ₹23.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Lombard General Insurance Company, depending on the role and experience level.
What is the salary of a Senior Manager in companies similar to ICICI Lombard General Insurance Company in Mumbai?
The salary of a Senior Manager at companies similar to ICICI Lombard General Insurance Company in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Canara HSBC Life Insurance ₹7.0 Lakhs to ₹15.7 Lakhs per year
Bajaj Allianz Life Insurance ₹8.2 Lakhs to ₹22.5 Lakhs per year
HDFC Life ₹7.2 Lakhs to ₹26.0 Lakhs per year
Iffco Tokio General Insurance Co. ₹11.0 Lakhs to ₹18.5 Lakhs per year
SBI General Insurance ₹6.5 Lakhs to ₹23.3 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 Senior Manager at ICICI Lombard General Insurance Company in Mumbai?
The salary growth for a Senior Manager at ICICI Lombard General Insurance Company in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Manager in Mumbai can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
Fresher ₹6.0 Lakhs to ₹12.7 Lakhs per year
1 year ₹6.0 Lakhs to ₹12.0 Lakhs per year
2 years ₹5.0 Lakhs to ₹12.4 Lakhs per year
3 years ₹5.5 Lakhs to ₹12.5 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Senior Manager salary in Mumbai ranges between ₹5 Lakhs to ₹15.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 520 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.