ICICI Lombard General Insurance Company Team Manager Salaries by 20+ Employees (Updated 2025)

2 - 16 years exp.

₹2.5 Lakhs - ₹11 Lakhs

Salary of majority employees

53% less than the average Team Manager Salary in Insurance Companies for 2 - 16 years of experience

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Salaries in different departments

Customer Success, Service & Operations Team Manager Salary 7 - 16 years exp. (7 salaries)	₹6.7 L/yr - ₹11 L/yr
BFSI, Investments & Trading Team Manager Salary 3 - 12 years exp. (3 salaries)	₹2.5 L/yr - ₹7.9 L/yr
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Sales & Business Development Team Manager Salary 5 - 12 years exp. (3 salaries)	₹4.5 L/yr - ₹8.5 L/yr

Last Updated: 25 Jan 2025

Companies similar to ICICI Lombard General Insurance Company for Team Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Team Manager Salary 2 - 10 years exp. (11 salaries)	₹5.8 L/yr - ₹12 L/yr 1% more
Bajaj Allianz General Insurance Team Manager Salary 2 - 13 years exp. (10 salaries)	₹2.8 L/yr - ₹12 L/yr 7% less
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Reliance General Insurance Team Manager Salary 0 - 15 years exp. (4 salaries)	₹5.3 L/yr - ₹9.8 L/yr 19% more
Tata AIG Team Manager Salary 0 - 10 years exp. (17 salaries)	₹4 L/yr - ₹12 L/yr 2% less
Star Health & Allied Insurance Team Manager Salary 1 - 8 years exp. (17 salaries)	₹3 L/yr - ₹7.8 L/yr 37% less
Future Generali India Life Insurance Team Manager Salary 0 - 15 years exp. (7 salaries)	₹3.9 L/yr - ₹10 L/yr 11% less
SBI General Insurance Team Manager Salary 0 - 7 years exp. (7 salaries)	₹3.2 L/yr - ₹11.6 L/yr 7% less
Gallagher Team Manager Salary 7 - 14 years exp. (211 salaries)	₹4.3 L/yr - ₹15 L/yr 19% more
First American Corporation Team Manager Salary 9 - 18 years exp. (30 salaries)	₹5.4 L/yr - ₹12.3 L/yr 26% more
HDFC Life Team Manager Salary 1 - 10 years exp. (27 salaries)	₹3.5 L/yr - ₹8.2 L/yr 8% less
Allstate Team Manager Salary 9 - 17 years exp. (13 salaries)	₹6.1 L/yr - ₹22.6 L/yr 82% more
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Bajaj Allianz Life Insurance Team Manager Salary 0 - 10 years exp. (13 salaries)	₹2.2 L/yr - ₹9.8 L/yr 6% less
Kotak Mahindara Life Insurance Team Manager Salary 0 - 7 years exp. (12 salaries)	₹1.2 L/yr - ₹7.5 L/yr 29% less
ICICI Prudential Life Insurance Team Manager Salary 1 - 8 years exp. (12 salaries)	₹3.8 L/yr - ₹9.6 L/yr 16% more
Axis Max Life Insurance Team Manager Salary 6 - 13 years exp. (9 salaries)	₹5.7 L/yr - ₹11.3 L/yr 55% more
Tata AIA Life Insurance Team Manager Salary 4 - 15 years exp. (9 salaries)	₹4 L/yr - ₹16.7 L/yr 36% more
SBI Life Insurance Company Team Manager Salary 3 - 19 years exp. (9 salaries)	₹7.5 L/yr - ₹20.7 L/yr 67% more
Canara HSBC Life Insurance Team Manager Salary 1 - 12 years exp. (7 salaries)	₹3 L/yr - ₹7.5 L/yr 19% less
PNB MetLife Team Manager Salary 0 - 11 years exp. (7 salaries)	₹4.1 L/yr - ₹9 L/yr 2% more	1 job opening
Reliance Nippon Life Insurance Team Manager Salary 4 - 13 years exp. (5 salaries)	₹3.5 L/yr - ₹6.9 L/yr 39% less

View all

Team Manager salary at ICICI Lombard General Insurance Company ranges between ₹2.5 Lakhs to ₹11 Lakhs per year for employees with experience between 2 years to 16 years. Salary estimates are based on 20 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Experience wise ICICI Lombard General Insurance Company Team Manager salaries

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.8 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.9 L/yr
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4 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹10.5 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.5 L/yr
7 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7.7 L/yr
8 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹12.4 L/yr
9 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8.4 L/yr
10 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
11 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹14.3 L/yr
12 years (4 salaries)	₹5 L/yr - ₹9.4 L/yr
13 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
14 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
15+ years (3 salaries)	₹3.8 L/yr - ₹17 L/yr

View all

Similar Designation salaries in ICICI Lombard General Insurance Company

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₹8 L/yr - ₹22.5 L/yr

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₹1.05 L/yr - ₹8.5 L/yr

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₹9.81 L/yr - ₹20 L/yr

Department Manager Salary

(4 salaries)

₹6 L/yr - ₹15 L/yr

Cluster Manager Salary

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₹3.84 L/yr - ₹10.9 L/yr

Operations Manager Salary

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₹1.8 L/yr - ₹9 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

3.6

Rated by 6 employees for salary & benefits

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

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

Management Trainee in New Delhi

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.

Salary - Good

+1 more

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.

Skill development - Bad

+3 more

Operations Manager in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 21 Sep 2023

1.0

for Salary and Benefits

Likes

Job security. They didn't fire anyone

Job security - Excellent

Dislikes

Very less salary If you work hard they will never appreciate you Sales team involvement infact manger did not take stand for there employees. They only blames you. Work load is to high you will be doing 2 persons work at 1 person salary. Work culture is very bad.

Salary - Bad

+4 more

Operations Manager in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 03 Apr 2023

2.0

for Salary and Benefits

Likes

Job security and few HR policies now those are outdated. Nothing much other than job security.

Job security - Good

Dislikes

... year rather than thinking about team requirements. Should work on all weekends. No extra pay for overtime. Band 1 people come and say that they are going to implement overtime allowances but it's almost 2 years now but no such action taken. No internal job movements as they are scared to move resources for loss of track and no skill improvement programs. You would do same kind of job for years and they never reply to complaints.

Salary - Poor

+5 more

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Salary Discussions, Hike & Promotions

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 Team Manager Salary FAQs

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

Team Manager salary at ICICI Lombard General Insurance Company in India ranges between ₹2.5 Lakhs to ₹11.0 Lakhs for experience between 2 years to 16 years. According to our estimates it is 53% less than the average Team Manager Salary in India. Salary estimates are based on 20 latest salaries received from various employees of ICICI Lombard General Insurance Company India.

How does the salary of a Team Manager at ICICI Lombard General Insurance Company India compare with the average salary range for this job?

The average salary of a Team Manager at ICICI Lombard General Insurance Company is 53% less than the average salary of a Team 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 Team Manager in India?

AXA Business Services Team Manager Salary - ₹13.0 Lakhs to ₹24.0 Lakhs per year
Guardian India Team Manager Salary - ₹13.5 Lakhs to ₹22.0 Lakhs per year
Iffco Tokio General Insurance Co. Team Manager Salary - ₹6.2 Lakhs to ₹20.0 Lakhs per year
Allstate Team Manager Salary - ₹6.1 Lakhs to ₹22.6 Lakhs per year
SBI Life Insurance Company Team Manager Salary - ₹7.5 Lakhs to ₹20.7 Lakhs per year

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

Axis Max Life Insurance Team Manager Salary - ₹5.7 Lakhs to ₹11.3 Lakhs per year
Tata AIA Life Insurance Team Manager Salary - ₹4.0 Lakhs to ₹16.7 Lakhs per year
First American Corporation Team Manager Salary - ₹5.4 Lakhs to ₹12.3 Lakhs per year
Gallagher Team Manager Salary - ₹4.3 Lakhs to ₹15.0 Lakhs per year
Reliance General Insurance Team Manager Salary - ₹5.3 Lakhs to ₹9.8 Lakhs per year

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

The estimated take-home salary of a Team Manager at ICICI Lombard General Insurance Company ranges between ₹54,080 per month to ₹55,430 per month in India. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Team Manager salary in India which ranges between ₹2.5 Lakhs to ₹11.0 Lakhs per year for employees with experience between 2 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 83% of the ICICI Lombard General Insurance Company Team Managers reported a notice period of 3 Months, 17% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company Team Manager Salaries by Location

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ICICI Lombard General Insurance Company Team Manager Salaries

ICICI Lombard General Insurance Company Team Manager salary in India ranges between ₹2.5 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.