Upload Button Icon Add office photos
Premium Employer

i

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
filter salariesFilter salaries by

ICICI Lombard General Insurance Company Underwriting Executive salaries in India

Annual salary range
2 - 7 years exp.
₹3.5 Lakhs - ₹11 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

97% more than the average Underwriting Executive Salary in Insurance Companies for 2 - 7 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Underwriting Executive Salary
2 - 6 years exp. (AmbitionBox Estimate)
unlock-blur

₹4.6 L/yr - ₹7.5 L/yr

Administration & Facilities
Underwriting Executive Salary
7 years exp. (AmbitionBox Estimate)
unlock-blur

₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 20 Dec 2024

Companies similar to ICICI Lombard General Insurance Company for Underwriting Executive

Company name Avg Annual Salary Open Jobs
unlock blur

₹2 L/yr - ₹4.5 L/yr

arrow icon 55% less
Logo
Tata AIG Underwriting Executive Salary

2 - 6 years exp. (8 salaries)

unlock blur

₹2 L/yr - ₹5 L/yr

arrow icon 60% less
unlock blur

₹3.3 L/yr - ₹4.7 L/yr

arrow icon 44% less
Logo
HDFC Life Underwriting Executive Salary

0 - 5 years exp. (7 salaries)

unlock blur

₹2.6 L/yr - ₹3.5 L/yr

arrow icon 56% less
unlock blur

₹3.5 L/yr - ₹5.6 L/yr

arrow icon 33% less
unlock blur

₹3.1 L/yr - ₹7 L/yr

arrow icon 23% less
unlock blur

₹2.3 L/yr - ₹2.7 L/yr

arrow icon 61% less
unlock blur

₹1.8 L/yr - ₹3.7 L/yr

arrow icon 55% less
Logo
Guardian India Underwriting Executive Salary

2 - 8 years exp. (4 salaries)

unlock blur

₹2.2 L/yr - ₹4.2 L/yr

arrow icon 51% less
unlock blur

₹3 L/yr - ₹7 L/yr

arrow icon 18% less
Logo
AIG Underwriting Executive Salary

2 - 3 years exp. (4 salaries)

unlock blur

₹5.6 L/yr - ₹6 L/yr

arrow icon 13% less
unlock blur

₹3 L/yr - ₹3.5 L/yr

arrow icon 50% less
unlock blur

₹3.2 L/yr - ₹3.5 L/yr

arrow icon 50% less
unlock blur

₹2.7 L/yr - ₹4 L/yr

arrow icon 48% less
Logo
PNB MetLife Underwriting Executive Salary

1 - 6 years exp. (3 salaries)

unlock blur

₹3 L/yr - ₹3.5 L/yr

arrow icon 52% less
unlock blur

₹1.4 L/yr - ₹3.3 L/yr

arrow icon 60% less
unlock blur

₹2.2 L/yr - ₹2.6 L/yr

arrow icon 65% less
Underwriting Executive salary at ICICI Lombard General Insurance Company ranges between ₹3.5 Lakhs to ₹11 Lakhs per year for employees with experience between 2 years to 7 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 Executive

3w ago
₹3.5 Lakhs
7 years exp.
4mo ago
₹4.6 Lakhs
6 years exp.
1y ago
₹7.5 Lakhs
2 years exp.
1y ago
₹11 Lakhs
4 years exp.

Experience wise ICICI Lombard General Insurance Company Underwriting Executive salaries

Last Updated: 20 Dec 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

unlock blur

₹6.8 L/yr - ₹8.6 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹9.9 L/yr - ₹12.7 L/yr
6 years (AmbitionBox Estimate)

unlock blur

₹4.1 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹3.2 L/yr - ₹4 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

unlock blur
₹0.95 L/yr - ₹4.5 L/yr
Sales Executive Salary
(207 salaries)
unlock blur
₹1.1 L/yr - ₹5 L/yr
unlock blur
₹1.5 L/yr - ₹3.65 L/yr
MIS Executive Salary
(66 salaries)
unlock blur
₹1.65 L/yr - ₹4.77 L/yr
unlock blur
₹1.7 L/yr - ₹3 L/yr
unlock blur
₹1.5 L/yr - ₹4 L/yr
unlock blur
₹1 L/yr - ₹4.75 L/yr
unlock blur
₹1.8 L/yr - ₹9 L/yr
Computer Operator Salary
(AmbitionBox Estimate)
unlock blur
₹1.8 L/yr - ₹2.3 L/yr
unlock blur
₹1 L/yr - ₹5.82 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

3.0

Rated by 1 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +4 more

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.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 18 May 2023

2.0
 for  Salary and Benefits

Likes

Only the good part is job security

  • Job security - Good

Dislikes

...urism, no promotion and good appraisal if you are not your superior's favourite. New joiners are paid very good salary good hike and old employees are not valued

read more
  • Salary - Poor
  • +3 more

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.

read more
  • Skill development - Good

Marketing & Communication Department

2.0
  •  posted on 12 Oct 2021

1.0
 for  Salary and Benefits

Likes

...g queue for tea and coffee because tea and coffee is available for limited time. salary is not good. They pay for a 9:30 hours but actually they take your 11 hours for work only and not even giving a overtime incentive. there is no career growth. But yes i was lucky because my team leader and Teammates are very supportive and caring. I meet so many people in lombard and realize no one is happy everyone is working because they want to gain experience and icici lombard is a big name so they can find a better job and i think lombard is already known this that's why they give a very less basic salary and quarterly incentives.

read more

Dislikes

They dont value There employees

  • Salary - Bad
  • +6 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about ICICI Lombard General Insurance Company

View All
an avp
2w
How to change industry
I have an experience of 14 years in insurance sales . Want to switch profile and industry. What would be the way forward?
Got a question about ICICI Lombard General Insurance Company?
Ask anonymously on communities.

ICICI Lombard General Insurance Company Underwriting Executive Salary FAQs

What is the salary of Underwriting Executive at ICICI Lombard General Insurance Company ?
The average salary of a Underwriting Executive at ICICI Lombard General Insurance Company in India typically ranges from ₹3.5 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Underwriting Executive at ICICI Lombard General Insurance Company earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Underwriting Executive 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 Executive at ICICI Lombard General Insurance Company in India?
The estimated take-home salary of a Underwriting Executive at ICICI Lombard General Insurance Company in India typically ranges from ₹50,718 to ₹51,914 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 2 years to 7 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 Executive in companies similar to ICICI Lombard General Insurance Company in India?
The salary of a Underwriting Executive 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:

AIG ₹5.6 Lakhs to ₹6.0 Lakhs per year
SBI Life Insurance Company ₹3.0 Lakhs to ₹7.0 Lakhs per year
Tata AIA Life Insurance ₹3.1 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance ₹3.5 Lakhs to ₹5.6 Lakhs per year
Axis Max Life Insurance ₹3.3 Lakhs to ₹4.7 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 Executive at ICICI Lombard General Insurance Company in India?
The salary growth for a Underwriting Executive at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Underwriting Executive can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
2 years ₹6.8 Lakhs to ₹8.6 Lakhs per year
4 years ₹9.9 Lakhs to ₹12.7 Lakhs per year
6 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
7 years ₹3.2 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Underwriting Executive salary in India ranges between ₹3.5 Lakhs to ₹11 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.