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This company page is being actively managed by ICICI Lombard General Insurance Company Team. If you also belong to the team, you can get access from here

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3.7

based on 4.6k Reviews

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ICICI Lombard General Insurance Company Underwriting Analyst salaries in India

Annual salary range
0 - 4 years exp.
₹7.5 Lakhs - ₹10.1 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.
Avg. annual salary
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Monthly In-hand Salary

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46% more than the average Underwriting Analyst Salary in Insurance Companies for 0 - 4 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Underwriting Analyst Salary
Fresher (AmbitionBox Estimate)
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₹8.6 L/yr - ₹10.5 L/yr

Customer Success, Service & Operations
Underwriting Analyst Salary
1 year exp. (AmbitionBox Estimate)
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₹9.1 L/yr - ₹11.1 L/yr

Data Science & Analytics
Underwriting Analyst Salary
4 years exp. (AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.3 L/yr

Last Updated: 29 Jun 2024

Companies similar to ICICI Lombard General Insurance Company for Underwriting Analyst

Company name Avg Annual Salary Open Jobs
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AIG Underwriting Analyst Salary

1 - 3 years exp. (10 salaries)
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₹5.2 L/yr - ₹7 L/yr

arrow icon 33% less
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Gallagher Underwriting Analyst Salary

1 - 8 years exp. (4 salaries)
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₹2.8 L/yr - ₹8.2 L/yr

arrow icon 44% less
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Allstate Underwriting Analyst Salary

1 - 8 years exp. (4 salaries)
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₹4 L/yr - ₹8.3 L/yr

arrow icon 31% less
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Star Health & Allied Insurance Underwriting Analyst Salary

0 - 8 years exp. (4 salaries)
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₹1.4 L/yr - ₹3.1 L/yr

arrow icon 70% less
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HDFC Life Underwriting Analyst Salary

0 - 4 years exp. (3 salaries)
unlock blur

₹1.9 L/yr - ₹3.5 L/yr

arrow icon 66% less
Underwriting Analyst salary at ICICI Lombard General Insurance Company ranges between ₹7.5 Lakhs to ₹10.1 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company Underwriting Analyst

6mo ago
₹10.1 Lakhs
1 year exp.
10mo ago
₹7.5 Lakhs
4 years exp.
11mo ago
₹9.5 Lakhs
5 months exp.

Experience wise ICICI Lombard General Insurance Company Underwriting Analyst salaries

Last Updated: 29 Jun 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.8 L/yr
1 year (AmbitionBox Estimate)

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₹9.1 L/yr - ₹11.6 L/yr
4 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.6 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

Credit Analyst Salary
(AmbitionBox Estimate)
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₹57 L/yr - ₹63 L/yr
Research Analyst Salary
(AmbitionBox Estimate)
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₹5.3 L/yr - ₹6.8 L/yr
Senior Analyst Salary
(4 salaries)
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₹3.1 L/yr - ₹16.15 L/yr
Business Analyst Salary
(74 salaries)
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₹4 L/yr - ₹13.65 L/yr
Financial Analyst Salary
(AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.1 L/yr
Associate Analyst Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
Senior Financial Analyst Salary
(AmbitionBox Estimate)
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₹23.4 L/yr - ₹29.9 L/yr
Analyst Salary
(19 salaries)
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₹4 L/yr - ₹14.36 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr
Deputy Manager Salary
(15 salaries)
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₹4.65 L/yr - ₹13.25 L/yr

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

read more
  • Salary - Bad
    • +6 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.

read more
  • Skill development - Bad
    • +3 more

Management Trainee in Vadodara

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 11 Oct 2023
1.0
 for  Salary and Benefits

Likes

Only thing good is the brand name and time to time salary

  • Job security - Excellent

Dislikes

Bad managers, no work life balance, we used to work late till 1am almost everyday. I had horrible manager and super manager. Too much of hierarchy and no one used to help or support. People were so arrogant that they would bully and not teach anything to the new joinees.

read more
  • Salary - Bad
    • +4 more

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.

read more
  • Job security - Excellent
    • +4 more

Dislikes

Less salary IJP after 18 months No gift or sweet in diwali Less salary hike

read more

Manager - CRM in Indore (working remotely)

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 02 Feb 2025
4.0
 for  Salary and Benefits

Likes

Salary received on time no delays. Leaves system was also as per the requirements

read more
  • Salary - Good
    • +3 more

Dislikes

Breaks are not appropriate I have medical issues like over active bladder I need to go to washroom frequently between one two hours but there is no break just you have to take permissions for that also break schedule not good

read more
see more salary related reviews

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ICICI Lombard General Insurance Company Underwriting Analyst Salary FAQs

What is the salary of Underwriting Analyst at ICICI Lombard General Insurance Company ?
The average salary of a Underwriting Analyst at ICICI Lombard General Insurance Company in India typically ranges from ₹7.5 Lakhs to ₹10.1 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Underwriting Analyst at ICICI Lombard General Insurance Company earn more than ₹10.1 Lakhs per year, and the top 1% earn over ₹10.1 Lakhs per year. Underwriting Analyst 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 4 ICICI Lombard General Insurance Company employees in India.
What is the estimated take home salary of a Underwriting Analyst at ICICI Lombard General Insurance Company in India?
The estimated take-home salary of a Underwriting Analyst at ICICI Lombard General Insurance Company in India typically ranges from ₹63,290 to ₹64,900 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹10.1 Lakhs per year for employees with experience ranging from Fresher to 4 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 4 salaries received from various employees of ICICI Lombard General Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Underwriting Analyst in companies similar to ICICI Lombard General Insurance Company in India?
The salary of a Underwriting Analyst 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:

Allstate ₹4.0 Lakhs to ₹8.3 Lakhs per year
AIG ₹5.2 Lakhs to ₹7.0 Lakhs per year
Gallagher ₹2.8 Lakhs to ₹8.2 Lakhs per year
HDFC Life ₹1.9 Lakhs to ₹3.5 Lakhs per year
Star Health & Allied Insurance ₹1.4 Lakhs to ₹3.1 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 Underwriting Analyst at ICICI Lombard General Insurance Company in India?
The salary growth for a Underwriting Analyst at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Underwriting Analyst can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
Fresher ₹7.7 Lakhs to ₹9.8 Lakhs per year
1 year ₹9.1 Lakhs to ₹11.6 Lakhs per year
4 years ₹6.8 Lakhs to ₹8.6 Lakhs per year
and so on.

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ICICI Lombard General Insurance Company Underwriting Analyst Salaries by Location

ICICI Lombard General Insurance Company Underwriting Analyst salary in India ranges between ₹7.5 Lakhs to ₹10.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.