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

2 - 5 years exp.

₹2.2 Lakhs - ₹3.3 Lakhs

Low Confidence

Salary of majority employees

49% less than the average SME Salary in Insurance Companies for 2 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading SME Salary 2 - 5 years exp. (3 salaries)	₹2.9 L/yr - ₹3.3 L/yr
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Customer Success, Service & Operations SME Salary 3 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹3.2 L/yr

Last Updated: 16 Mar 2023

Companies similar to ICICI Lombard General Insurance Company for SME

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Tata AIG SME Salary 0 - 4 years exp. (5 salaries)	₹2.5 L/yr - ₹3.6 L/yr 2% more
First American Corporation SME Salary 4 - 11 years exp. (188 salaries)	₹2.4 L/yr - ₹8 L/yr 64% more	1 job opening
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AXA Business Services SME Salary 4 - 11 years exp. (172 salaries)	₹2.8 L/yr - ₹9 L/yr 112% more
MDIndia Health Insurance TPA SME Salary 1 - 6 years exp. (14 salaries)	₹1 L/yr - ₹3 L/yr 53% less
Gallagher SME Salary 4 - 7 years exp. (9 salaries)	₹3.8 L/yr - ₹6 L/yr 74% more
Guardian India SME Salary 4 - 6 years exp. (7 salaries)	₹2.8 L/yr - ₹6.5 L/yr 38% more
Axis Max Life Insurance SME Salary 1 - 6 years exp. (6 salaries)	₹3.2 L/yr - ₹4.2 L/yr 23% more
Allstate SME Salary 3 - 10 years exp. (6 salaries)	₹5.6 L/yr - ₹7.5 L/yr 132% more
Bajaj Allianz Life Insurance SME Salary 0 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3.6 L/yr 4% more

SME salary at ICICI Lombard General Insurance Company ranges between ₹2.2 Lakhs to ₹3.3 Lakhs per year for employees with experience between 2 years to 5 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 SME salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3.3 L/yr
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.3 L/yr
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4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.2 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

Customer Service Manager Salary

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₹1.75 L/yr - ₹9 L/yr

Customer Relationship Manager Salary

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₹1.5 L/yr - ₹4.8 L/yr

Chief Manager Salary

(441 salaries)

₹9.46 L/yr - ₹22 L/yr

Operations Manager Salary

(288 salaries)

₹1.8 L/yr - ₹9 L/yr

Product Manager Salary

(288 salaries)

₹6.74 L/yr - ₹23.2 L/yr

Associate Vice President Salary

(282 salaries)

₹14 L/yr - ₹38 L/yr

Sales Executive Salary

(213 salaries)

₹1.1 L/yr - ₹4.5 L/yr

Management Trainee Salary

(144 salaries)

₹3.48 L/yr - ₹12 L/yr

Branch Service Manager Salary

(143 salaries)

₹2.4 L/yr - ₹7 L/yr

Senior Product Manager Salary

(140 salaries)

₹7 L/yr - ₹29.12 L/yr

Top skills at ICICI Lombard General Insurance Company for SME

Outbound Sales SME Communication Skills Insurance Sales Relationship Management Team Handling Problem Solving General Insurance Stakeholder Management Telesales outbound Complaint Handling Calling English Language Leadership Skills

Salary related reviews for ICICI Lombard General Insurance Company

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

Verifier in Navi Mumbai

Full Time

Other Department

1.0

• posted on 27 Jun 2023

1.0

for Salary and Benefits

Likes

Only the work is sorted.

Dislikes

Salary is too much low as compared to other companies even for experience people. If someone work honestly means He/she is considered as foolish person and becomes ineligible for appraisal.Company is good but they keep such a people who don't how to speak English well and how to Manage everything.They select those TL's who are fully partial . Even They did not share full information of process with experience employees who are working since 2 or 3 years.

Salary - Bad

+4 more

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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ICICI Lombard General Insurance Company SME Salary FAQs

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

SME salary at ICICI Lombard General Insurance Company in India ranges between ₹2.2 Lakhs to ₹3.3 Lakhs for experience between 2 years to 5 years. According to our estimates it is 49% less than the average SME 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 SME at ICICI Lombard General Insurance Company India compare with the average salary range for this job?

The average salary of a SME at ICICI Lombard General Insurance Company is 49% less than the average salary of a SME in India. To know exact salary insights, login to view.

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

Outbound Sales, SME, Communication Skills, Insurance Sales and Relationship Management are some of the popular skills required to work as a SME at ICICI Lombard General Insurance Company India.

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

Allstate SME Salary - ₹5.6 Lakhs to ₹7.5 Lakhs per year
AXA Business Services SME Salary - ₹2.8 Lakhs to ₹9.0 Lakhs per year
Gallagher SME Salary - ₹3.8 Lakhs to ₹6.0 Lakhs per year
First American Corporation SME Salary - ₹2.4 Lakhs to ₹8.0 Lakhs per year
Guardian India SME Salary - ₹2.8 Lakhs to ₹6.5 Lakhs per year

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

Axis Max Life Insurance SME Salary - ₹3.2 Lakhs to ₹4.2 Lakhs per year
Bajaj Allianz Life Insurance SME Salary - ₹2.5 Lakhs to ₹3.6 Lakhs per year
Tata AIG SME Salary - ₹2.5 Lakhs to ₹3.6 Lakhs per year
MDIndia Health Insurance TPA SME Salary - ₹1.0 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a SME at ICICI Lombard General Insurance Company ranges between ₹21,462 per month to ₹23,103 per month in India. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company SME salary in India which ranges between ₹2.2 Lakhs to ₹3.3 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the ICICI Lombard General Insurance Company SMEs reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company SME Salaries

ICICI Lombard General Insurance Company SME salary in India ranges between ₹2.2 Lakhs to ₹3.3 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.