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3.7

based on 4.3k Reviews

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ICICI Lombard General Insurance Company Territory Manager salaries in Mumbai

Annual salary range
1 - 10 years exp.
₹6.6 Lakhs - ₹11.1 Lakhs
Salary of majority employees
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8% more than the average Territory Manager Salary in Insurance Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Territory Manager Salary
2 - 10 years exp. (8 salaries)
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₹6.6 L/yr - ₹8.5 L/yr

Sales & Business Development
Territory Manager Salary
1 - 5 years exp. (AmbitionBox Estimate)
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₹7.1 L/yr - ₹10.1 L/yr

Last Updated: 16 Mar 2023

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

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ICICI Lombard General Insurance Company Territory Manager Salary

1 - 10 years exp. (14 salaries)

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₹6.6 L/yr - ₹11.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹7 L/yr

arrow icon 40% less
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HDFC Life Territory Manager Salary

8 - 20 years exp. (24 salaries)

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₹5.2 L/yr - ₹18 L/yr

arrow icon 45% more
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₹4.5 L/yr - ₹10 L/yr

arrow icon 23% less
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PNB MetLife Territory Manager Salary

8 - 13 years exp. (10 salaries)

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₹5 L/yr - ₹10.2 L/yr

arrow icon 10% less
1 job opening
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₹6.5 L/yr - ₹8.5 L/yr

arrow icon 8% less
4 job openings
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₹5.5 L/yr - ₹7 L/yr

arrow icon 19% less
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₹7.5 L/yr - ₹9 L/yr

arrow icon 11% less
1 job opening
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Max Life Insurance Territory Manager Salary

13 - 16 years exp. (3 salaries)

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₹10.4 L/yr - ₹16 L/yr

arrow icon 55% more
Territory Manager salary at ICICI Lombard General Insurance Company ranges between ₹6.6 Lakhs to ₹11.1 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 14 latest salaries received from various employees of ICICI Lombard General Insurance Company.

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

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

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
1 year  (3 salaries)

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₹7 L/yr - ₹8.7 L/yr
2 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹13.5 L/yr
3 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹13.8 L/yr
4 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹14.1 L/yr
5 years (AmbitionBox Estimate)

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₹8 L/yr - ₹8.8 L/yr
View all

Similar Designation salaries in ICICI Lombard General Insurance Company

Sales Manager Salary
(106 salaries)
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₹3 L/yr - ₹12.5 L/yr
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₹2 L/yr - ₹8.25 L/yr
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₹7 L/yr - ₹22 L/yr
Team Lead Salary
(36 salaries)
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₹1.05 L/yr - ₹8.2 L/yr
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₹7 L/yr - ₹12 L/yr
Area Manager Salary
(17 salaries)
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₹6.8 L/yr - ₹18.5 L/yr
Deputy Manager Salary
(9 salaries)
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₹3.5 L/yr - ₹6.5 L/yr

Top skills at ICICI Lombard General Insurance Company for Territory Manager

Territory Management Sales Promotion Insurance Broking General Insurance Market Intelligence broking Area Sales Management Promotions Sales Budgeting Marine Insurance General Insurance Sales

Salary related reviews for ICICI Lombard General Insurance Company

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 03 Jun 2024

1.0
 for  Salary and Benefits

Likes

No

Dislikes

Internal politics , No increment till 5 yrs, no receive bonus till 5 yrs, no salary hike till 5 yrs. Company HR's not given 1st preference to state employees. They hiring MBA students from other states like, UP, Kolkata, Odisa. And given high starting packages 8 L , 9L , 10L-12L, State employees only sufferring and working hard, Zero growth. And HR team is non trustable, They saying one thing while hiring, And you get someting else. # Career ki Dhajiya

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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

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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

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Full Time

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KRG Department

1.0
  •  posted on 07 Feb 2022

1.0
 for  Salary and Benefits

Likes

Pros: Brand name Tech savy High Variable pay (not sure whether we'll get it or not) Cons: No one gives a f*ck about ur issues. No owing of responsibility. Completely tech driven, no human interaction as the system would assign everything. People won't attend calls. Your problem is your problem, none of our Problem. High Pressure to achieve target without top level and ground level support. Except sales no one will work on Saturday.

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Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 20 Jan 2022

5.0
 for  Salary and Benefits

Likes

...agers. And also I find the management is very much transparent to the employers. Company policies are good, appreciation and appraisals are fair and they give good salary hike and bouns every year.

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Dislikes

I feel work culture towards timings they have to rework ... employee in that company I felt very stretch timings towards work not able to find the timing for my personal life.

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Customer Success, Service & Operations Department

4.0
  •  posted on 23 Nov 2020

3.0
 for  Salary and Benefits

Likes

...vironmenta also good & huge cafeteria as well as gaming activities for chilling. Company policy are good, appraisal for fair and they give good salary hoke and bonus every year.

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ICICI Lombard General Insurance Company Territory Manager Salary FAQs

What is the salary of Territory Manager at ICICI Lombard General Insurance Company Mumbai?
Territory Manager salary at ICICI Lombard General Insurance Company in Mumbai ranges between ₹6.6 Lakhs to ₹11.1 Lakhs for experience between 1 years to 10 years. According to our estimates it is 8% more than the average Territory Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of ICICI Lombard General Insurance Company Mumbai.
How does the salary of a Territory Manager at ICICI Lombard General Insurance Company Mumbai compare with the average salary range for this job?
The average salary of a Territory Manager at ICICI Lombard General Insurance Company is 8% more than the average salary of a Territory Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Territory Manager at ICICI Lombard General Insurance Company?
Territory Management, Sales Promotion, Insurance Broking, General Insurance and Market Intelligence are some of the popular skills required to work as a Territory Manager at ICICI Lombard General Insurance Company Mumbai.
Which similar companies are paying more than ICICI Lombard General Insurance Company to a Territory Manager in Mumbai?
  • Max Life Insurance Territory Manager Salary - ₹10.4 Lakhs to ₹16.0 Lakhs per year
  • HDFC Life Territory Manager Salary - ₹5.2 Lakhs to ₹18.0 Lakhs per year
What is the salary of a Territory Manager in companies similar to ICICI Lombard General Insurance Company in Mumbai?
  • Tata AIA Life Insurance Territory Manager Salary - ₹6.5 Lakhs to ₹8.5 Lakhs per year
  • PNB MetLife Territory Manager Salary - ₹5.0 Lakhs to ₹10.2 Lakhs per year
  • Star Union Dai-ichi Life Insurance Territory Manager Salary - ₹7.5 Lakhs to ₹9.0 Lakhs per year
  • Canara HSBC Life Insurance Territory Manager Salary - ₹5.5 Lakhs to ₹7.0 Lakhs per year
  • Bajaj Allianz Life Insurance Territory Manager Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
What is the estimated take home salary of a Territory Manager at ICICI Lombard General Insurance Company in Mumbai?
The estimated take-home salary of a Territory Manager at ICICI Lombard General Insurance Company ranges between ₹62,818 per month to ₹64,415 per month in Mumbai. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Territory Manager salary in India which ranges between ₹6.6 Lakhs to ₹11.1 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Territory Manager at ICICI Lombard General Insurance Company in Mumbai?
According to AmbitionBox, 100% of the ICICI Lombard General Insurance Company Territory Managers in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company Territory Manager salary in Mumbai ranges between ₹6.6 Lakhs to ₹11.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.