ICICI Lombard General Insurance Company SM Salaries by 7 Employees

2 - 9 years exp.

₹5.1 Lakhs - ₹7.1 Lakhs

Low Confidence

Salary of majority employees

28% less than the average SM Salary in Insurance Companies for 2 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading SM Salary 2 - 9 years exp. (5 salaries)	₹5.1 L/yr - ₹6.5 L/yr
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Marketing & Communication SM Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.1 L/yr

Last Updated: 12 Oct 2024

Companies similar to ICICI Lombard General Insurance Company for SM

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance SM Salary 1 - 10 years exp. (15 salaries)	₹3.1 L/yr - ₹5.5 L/yr 33% less
HDFC Life SM Salary 1 - 17 years exp. (13 salaries)	₹3.8 L/yr - ₹5.5 L/yr 32% less
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Kotak Mahindara Life Insurance SM Salary 2 - 6 years exp. (13 salaries)	₹3.3 L/yr - ₹4.5 L/yr 40% less
Bajaj Allianz Life Insurance SM Salary 0 - 6 years exp. (11 salaries)	₹2 L/yr - ₹3.5 L/yr 57% less
Reliance General Insurance SM Salary 6 - 12 years exp. (6 salaries)	₹4.4 L/yr - ₹5.6 L/yr 31% less
PNB MetLife SM Salary 3 - 6 years exp. (5 salaries)	₹2.3 L/yr - ₹4.2 L/yr 51% less
Reliance Nippon Life Insurance SM Salary 1 - 9 years exp. (4 salaries)	₹2.3 L/yr - ₹2.5 L/yr 64% less
Life Insurance Corporation of India SM Salary 5 - 16 years exp. (4 salaries)	₹3 L/yr - ₹4.8 L/yr 37% less
Canara HSBC Life Insurance SM Salary 4 - 11 years exp. (4 salaries)	₹3.8 L/yr - ₹5.8 L/yr 21% less
ICICI Prudential Life Insurance SM Salary 2 - 4 years exp. (3 salaries)	₹6.5 L/yr - ₹7.1 L/yr 9% more
Shriram Life Insurance SM Salary 3 - 7 years exp. (3 salaries)	₹2.3 L/yr - ₹3.2 L/yr 59% less
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SM salary at ICICI Lombard General Insurance Company ranges between ₹5.1 Lakhs to ₹7.1 Lakhs per year for employees with experience between 2 years 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 SM salaries

Last Updated: 12 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
3 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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4 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
6 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
7 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
8 years (3 salaries)	₹5.1 L/yr - ₹6.2 L/yr
9 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr

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Salary related reviews for ICICI Lombard General Insurance Company

4.9

Rated by 2 employees for salary & benefits

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

Management Trainee in New Delhi

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

Salary - Bad

+6 more

Customer Relationship Manager in Hyderabad / Secunderabad

Full Time

Renewal Department

1.0

• posted on 10 Jun 2021

1.0

for Salary and Benefits

Likes

No work life balance pay less and stress more hire by telling inbound customer support and force to do more sales worst it management any technical issue we have to face deviations double standard management

Dislikes

Worst company no work life balance they will hire for inbount and make you to do outcalls and force to sale eventhough customer is not intrested no incentive it management of company is worst part any technical issue epmloye have to compensate the deviations double standard management

Salary - Bad

+6 more

Customer Relationship Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 12 Feb 2024

2.0

for Salary and Benefits

Likes

Work Life Balance is Better for those who are doing alternative work also like freelancer,event management,any sport player. there is many shift available Like mrng, general,semi general, night shift, there is no fix shift and also rotational 2 weekoff.

Company culture - Good

+1 more

Dislikes

No Fix shift, sunday no fix weekoff.Low salary.

Salary - Poor

+2 more

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

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What people are saying about ICICI Lombard General Insurance Company

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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 SM Salary FAQs

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

The average salary of a SM at ICICI Lombard General Insurance Company in India typically ranges from ₹5.1 Lakhs to ₹7.1 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of SM at ICICI Lombard General Insurance Company earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. SM 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 7 ICICI Lombard General Insurance Company employees in India.

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

The estimated take-home salary of a SM at ICICI Lombard General Insurance Company in India typically ranges from ₹49,906 to ₹51,084 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹7.1 Lakhs per year for employees with experience ranging from 2 years to 9 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 7 salaries received from various employees of ICICI Lombard General Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ICICI Lombard General Insurance Company for SM in India?

ICICI Prudential Life Insurance

₹6.5 Lakhs to ₹7.1 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 SM in companies similar to ICICI Lombard General Insurance Company in India?

The salary of a SM 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:

Canara HSBC Life Insurance	₹3.8 Lakhs to ₹5.8 Lakhs per year
Reliance General Insurance	₹4.4 Lakhs to ₹5.6 Lakhs per year
HDFC Life	₹3.8 Lakhs to ₹5.5 Lakhs per year
Axis Max Life Insurance	₹3.1 Lakhs to ₹5.5 Lakhs per year
Life Insurance Corporation of India	₹3.0 Lakhs to ₹4.8 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 SM at ICICI Lombard General Insurance Company in India?

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

Experience	Average Salary Range
2 years	₹6.4 Lakhs to ₹8.2 Lakhs per year
3 years	₹6.3 Lakhs to ₹8.0 Lakhs per year
4 years	₹6.1 Lakhs to ₹7.8 Lakhs per year
5 years	₹6.0 Lakhs to ₹7.6 Lakhs per year

and so on.

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ICICI Lombard General Insurance Company SM Salaries by Location

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ICICI Lombard General Insurance Company SM Salaries

ICICI Lombard General Insurance Company SM salary in India ranges between ₹5.1 Lakhs to ₹7.1 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.

ICICI Lombard General Insurance Company SM salaries in India

Companies similar to ICICI Lombard General Insurance Company for SM

Latest annual salaries shared by ICICI Lombard General Insurance Company SM

Experience wise ICICI Lombard General Insurance Company SM salaries

Similar Designation salaries in ICICI Lombard General Insurance Company

Salary related reviews for ICICI Lombard General Insurance Company

Customer Relationship Manager in Hyderabad / Secunderabad

Management Trainee in New Delhi

Customer Relationship Manager in Hyderabad / Secunderabad

Customer Relationship Manager in Mumbai

Chief Manager in Mumbai

ICICI Lombard General Insurance Company SM Salary FAQs

Tell us how to improve this page.

ICICI Lombard General Insurance Company SM Salaries by Location