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3.7

based on 4.3k Reviews

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ICICI Lombard General Insurance Company Senior Underwriting Manager salaries in India

Annual salary range
1 - 5 years exp.
₹6 Lakhs - ₹11.1 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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43% less than the average Senior Underwriting Manager Salary in Insurance Companies for 1 - 5 years of experience

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Last Updated: 24 Aug 2024

Companies similar to ICICI Lombard General Insurance Company for Senior Underwriting Manager

Company name Avg Annual Salary Open Jobs
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Tata AIG Senior Underwriting Manager Salary

6 - 14 years exp. (3 salaries)

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₹7.8 L/yr - ₹12.5 L/yr

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₹13.5 L/yr - ₹18 L/yr

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Gallagher Senior Underwriting Manager Salary

10 - 12 years exp. (5 salaries)

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₹18 L/yr - ₹22 L/yr

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₹8 L/yr - ₹8.4 L/yr

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₹14.7 L/yr - ₹19.1 L/yr

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Senior Underwriting Manager salary at ICICI Lombard General Insurance Company ranges between ₹6 Lakhs to ₹11.1 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 6 latest salaries received from various employees of ICICI Lombard General Insurance Company.

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

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1 year exp.
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Experience wise ICICI Lombard General Insurance Company Senior Underwriting Manager salaries

Last Updated: 24 Aug 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹8.9 L/yr - ₹17.7 L/yr
2 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹10.6 L/yr
3 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹15 L/yr
4 years (AmbitionBox Estimate)

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₹6 L/yr - ₹11.1 L/yr
5 years (AmbitionBox Estimate)

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₹6 L/yr - ₹12.4 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

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₹5.75 L/yr - ₹14.45 L/yr
Senior Underwriter Salary
(AmbitionBox Estimate)
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₹11.3 L/yr - ₹14.4 L/yr
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₹7.5 L/yr - ₹10.1 L/yr
Branch Credit Manager Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr
Underwriter Salary
(43 salaries)
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₹3.72 L/yr - ₹9.5 L/yr
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₹2.25 L/yr - ₹5.95 L/yr
Deputy Manager Salary
(21 salaries)
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₹3.5 L/yr - ₹11.5 L/yr
Chief Manager Salary
(392 salaries)
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₹9.46 L/yr - ₹23 L/yr
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Salary related reviews for ICICI Lombard General Insurance Company

1.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 30 Sep 2024

1.0
 for  Salary and Benefits

Likes

Nothing, if you have an option please avoid this organisation even if you don’t please find other interest for yourself

Dislikes

Everything, work culture is pathetic, salary is market minimum, work planning is pathetic as well most teams are just eating each others business, team leaders are lost when I comes to challenges, and the worst operations teams ever, if you are in sales you would wish you never worked. Dying a beggar is better than joining this place

read more

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

read 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.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 30 Jul 2023

4.0
 for  Salary and Benefits

Likes

If you’re looking for good salary and perks, go forward.

Dislikes

No work life balance. You can hardly manage your personal and professional life here simultaneously. Upper Management treats like robot. Although your working days are Mon-Fri, but you have to work on weekends also unofficially otherwise you’ll be scolded by upper management. Some old VPs working here are annoying.

read more

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.

read more

Dislikes

Salary increments are lower when compared to other Competitors.

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.

read 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.

read more
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ICICI Lombard General Insurance Company Senior Underwriting Manager Salary FAQs

What is the salary of Senior Underwriting Manager at ICICI Lombard General Insurance Company?
Senior Underwriting Manager salary at ICICI Lombard General Insurance Company in India ranges between ₹6.0 Lakhs to ₹11.1 Lakhs for experience between 1 years to 5 years. According to our estimates it is 43% less than the average Senior Underwriting Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of ICICI Lombard General Insurance Company India.
How does the salary of a Senior Underwriting Manager at ICICI Lombard General Insurance Company India compare with the average salary range for this job?
The average salary of a Senior Underwriting Manager at ICICI Lombard General Insurance Company is 43% less than the average salary of a Senior Underwriting Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than ICICI Lombard General Insurance Company to a Senior Underwriting Manager in India?
  • Gallagher Senior Underwriting Manager Salary - ₹18.0 Lakhs to ₹22.0 Lakhs per year
  • ICICI Prudential Life Insurance Senior Underwriting Manager Salary - ₹14.7 Lakhs to ₹19.1 Lakhs per year
  • SBI General Insurance Senior Underwriting Manager Salary - ₹13.5 Lakhs to ₹18.0 Lakhs per year
  • Tata AIG Senior Underwriting Manager Salary - ₹7.8 Lakhs to ₹12.5 Lakhs per year
What is the salary of a Senior Underwriting Manager in companies similar to ICICI Lombard General Insurance Company in India?
  • Kotak Mahindara Life Insurance Senior Underwriting Manager Salary - ₹8.0 Lakhs to ₹8.4 Lakhs per year
What is the estimated take home salary of a Senior Underwriting Manager at ICICI Lombard General Insurance Company in India?
The estimated take-home salary of a Senior Underwriting Manager at ICICI Lombard General Insurance Company ranges between ₹61,364 per month to ₹62,919 per month in India. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Senior Underwriting Manager salary in India which ranges between ₹6.0 Lakhs to ₹11.1 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Senior Underwriting Manager at ICICI Lombard General Insurance Company?
According to AmbitionBox, 67% of the ICICI Lombard General Insurance Company Senior Underwriting Managers reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Senior Underwriting Manager salary in India ranges between ₹6 Lakhs to ₹11.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.