ICICI Lombard General Insurance Company Underwriting Executive Salaries by 4 Employees (Updated 2025)

2 - 7 years exp.

₹3.5 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

98% more than the average Underwriting Executive Salary in Insurance Companies for 2 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Underwriting Executive Salary 2 - 6 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹7.5 L/yr
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Administration & Facilities Underwriting Executive Salary 7 years exp. (AmbitionBox Estimate)	₹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
Bajaj Allianz General Insurance Underwriting Executive Salary 1 - 5 years exp. (7 salaries)	₹2.3 L/yr - ₹4.9 L/yr 54% less
Tata AIG Underwriting Executive Salary 2 - 6 years exp. (8 salaries)	₹2 L/yr - ₹5 L/yr 60% less
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Star Health & Allied Insurance Underwriting Executive Salary 1 - 6 years exp. (108 salaries)	₹2 L/yr - ₹4 L/yr 55% less
Future Generali India Life Insurance Underwriting Executive Salary 3 - 16 years exp. (5 salaries)	₹4.1 L/yr - ₹5.8 L/yr 27% less
SBI General Insurance Underwriting Executive Salary 1 year exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 50% less
Axis Max Life Insurance Underwriting Executive Salary 0 - 6 years exp. (7 salaries)	₹3.3 L/yr - ₹4.7 L/yr 44% less
Iffco Tokio General Insurance Co. Underwriting Executive Salary 4 - 8 years exp. (7 salaries)	₹1.8 L/yr - ₹4.4 L/yr 53% less
HDFC Life Underwriting Executive Salary 0 - 5 years exp. (7 salaries)	₹2.6 L/yr - ₹3.5 L/yr 56% less
ICICI Prudential Life Insurance Underwriting Executive Salary 5 - 10 years exp. (5 salaries)	₹3.5 L/yr - ₹5.6 L/yr 33% less
Tata AIA Life Insurance Underwriting Executive Salary 2 - 4 years exp. (5 salaries)	₹3.1 L/yr - ₹7 L/yr 23% less
Shriram Life Insurance Underwriting Executive Salary 1 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹2.7 L/yr 61% less
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Guardian India Underwriting Executive Salary 2 - 8 years exp. (4 salaries)	₹2.2 L/yr - ₹4.2 L/yr 51% less
SBI Life Insurance Company Underwriting Executive Salary 1 - 18 years exp. (4 salaries)	₹3 L/yr - ₹7 L/yr 18% less
Aditya Birla Sun Life Insurance Underwriting Executive Salary 1 year exp. (3 salaries)	₹3.2 L/yr - ₹3.5 L/yr 50% less
Bajaj Allianz Life Insurance Underwriting Executive Salary 1 - 4 years exp. (3 salaries)	₹2.7 L/yr - ₹4 L/yr 48% less
PNB MetLife Underwriting Executive Salary 1 - 6 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 52% less
Kotak Mahindara Life Insurance Underwriting Executive Salary 4 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹2.6 L/yr 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.

Experience wise ICICI Lombard General Insurance Company Underwriting Executive salaries

Last Updated: 20 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
4 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

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Salary related reviews for ICICI Lombard General Insurance Company

3.0

Rated by 1 employees for salary & benefits

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

Operations Manager in Mumbai

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

Salary - Poor

+3 more

Sales Executive in Navi Mumbai

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.

Skill development - Good

Customer Care Executive in Hyderabad Gachibowli

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.

Dislikes

They dont value There employees

Salary - Bad

+6 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 Underwriting Executive Salary FAQs

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

Underwriting Executive salary at ICICI Lombard General Insurance Company in India ranges between ₹3.5 Lakhs to ₹11.0 Lakhs for experience between 2 years to 7 years. According to our estimates it is 98% more than the average Underwriting Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of ICICI Lombard General Insurance Company India.

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

The average salary of a Underwriting Executive at ICICI Lombard General Insurance Company is 98% more than the average salary of a Underwriting Executive in India. To know exact salary insights, login to view.

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

SBI Life Insurance Company Underwriting Executive Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Tata AIA Life Insurance Underwriting Executive Salary - ₹3.1 Lakhs to ₹7.0 Lakhs per year
Future Generali India Life Insurance Underwriting Executive Salary - ₹4.1 Lakhs to ₹5.8 Lakhs per year
ICICI Prudential Life Insurance Underwriting Executive Salary - ₹3.5 Lakhs to ₹5.6 Lakhs per year
Axis Max Life Insurance Underwriting Executive Salary - ₹3.3 Lakhs to ₹4.7 Lakhs per year

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 ranges between ₹50,718 per month to ₹51,914 per month in India. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Underwriting Executive salary in India which ranges between ₹3.5 Lakhs to ₹11.0 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the ICICI Lombard General Insurance Company Underwriting Executives reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company Underwriting Executive Salaries

ICICI Lombard General Insurance Company Underwriting Executive salary in India ranges between ₹3.5 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.

ICICI Lombard General Insurance Company Underwriting Executive salaries in India

Companies similar to ICICI Lombard General Insurance Company for Underwriting Executive

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

Experience wise ICICI Lombard General Insurance Company Underwriting Executive salaries

Similar Designation salaries in ICICI Lombard General Insurance Company

Salary related reviews for ICICI Lombard General Insurance Company

Operations Manager in Gurgaon / Gurugram

Operations Manager in Hyderabad / Secunderabad

Operations Manager in Mumbai

Sales Executive in Navi Mumbai

Customer Care Executive in Hyderabad Gachibowli

ICICI Lombard General Insurance Company Underwriting Executive Salary FAQs

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ICICI Lombard General Insurance Company Underwriting Executive Salaries by Location