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3.7

based on 4.6k Reviews

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ICICI Lombard General Insurance Company Underwriting Manager salaries in New Delhi (Updated 2025)

Annual salary range
2 - 13 years exp.
₹8.3 Lakhs - ₹12 Lakhs
Avg. annual salary
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Fixed
₹unlock blur Lakhs
Variable
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Monthly In-hand Salary

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12% more than the average Underwriting Manager Salary in Insurance Companies for 2 - 13 years of experience

Interested in this particular role?

Last Updated: 2 Apr 2025

Companies similar to ICICI Lombard General Insurance Company for Underwriting Manager in New Delhi

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ICICI Lombard General Insurance Company Underwriting Manager Salary

2 - 13 years exp. (5 salaries)
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₹8.3 L/yr - ₹12 L/yr

vs
Company name Avg Annual Salary Open Jobs
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SBI General Insurance Underwriting Manager Salary

6 - 12 years exp. (8 salaries)
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₹8 L/yr - ₹13 L/yr

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Canara HSBC Life Insurance Underwriting Manager Salary

8 - 21 years exp. (3 salaries)
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₹8.2 L/yr - ₹11.4 L/yr

arrow icon 5% more
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Tata AIG Underwriting Manager Salary

2 - 5 years exp. (3 salaries)
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₹7.8 L/yr - ₹9.3 L/yr

arrow icon 8% less
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Reliance General Insurance Underwriting Manager Salary

1 - 6 years exp. (3 salaries)
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₹6 L/yr - ₹14 L/yr

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Care Health Insurance Underwriting Manager Salary

0 - 9 years exp. (16 salaries)
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₹2.7 L/yr - ₹7.3 L/yr

arrow icon 48% less
Underwriting Manager salary at ICICI Lombard General Insurance Company ranges between ₹8.3 Lakhs to ₹12 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company Underwriting Manager in New Delhi

6d ago
₹10.1 Lakhs
3 years exp.
5mo ago
₹10.7 Lakhs
2 years exp.

Experience wise ICICI Lombard General Insurance Company Underwriting Manager salaries in New Delhi

Last Updated: 2 Apr 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹7.6 L/yr - ₹9.8 L/yr
3 years (AmbitionBox Estimate)

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₹7.8 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)

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₹8 L/yr - ₹10.2 L/yr
5 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.4 L/yr
6 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹10.6 L/yr
View all

Similar Designation salaries in ICICI Lombard General Insurance Company

Chief Manager Salary
(58 salaries)
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₹10 L/yr - ₹22 L/yr
Team Lead Salary
(24 salaries)
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₹1.1 L/yr - ₹5 L/yr
Underwriter Salary
(5 salaries)
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₹5.25 L/yr - ₹8 L/yr

Top skills at ICICI Lombard General Insurance Company for Underwriting Manager

Commercial Underwriting

Salary related reviews for ICICI Lombard General Insurance Company

3.0

Rated by 1 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

read more
  • Salary - Bad
    • +6 more

Chief Manager in Mumbai

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 21 Sep 2023
4.0
 for  Salary and Benefits

Likes

Salary is good. Benefits for employees are good.job security is there.Eveeything is almost automated.Manual work is less

read more
  • Salary - Good
    • +1 more

Dislikes

There is no work life balance at all. All the work is just given to you suddenly. 2 to 3 weekends in a month goes in office work.No proper division of work. Politics is there.Partiality is there. Lot of late sitting. No proper planning.

read more
  • Skill development - Poor
    • +4 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

Associate Vice President in Bangalore / Bengaluru

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 24 Jun 2023
4.0
 for  Salary and Benefits

Likes

IL is company where you get freedom to work and explore. The management and line managers belive in the employee to go out of box and get the things done. Also there work life balance which is very important.

read more
  • Salary - Good
    • +6 more

Dislikes

Salary increments are lower when compared to other Competitors.

Chief Manager in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 04 Oct 2023
4.0
 for  Salary and Benefits

Likes

The company is extremely customer-friendly and open to accept new technology. The amount of efforts put in creating better customer experience is superb.

read more
  • Salary - Good
    • +1 more

Dislikes

When it comes to appraisals and salary increments, it is not transparent. They have a poor appraisal system and it is heavily partial.

read more
  • Promotions - Poor
see more salary related reviews

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ICICI Lombard General Insurance Company Underwriting Manager Salary FAQs

What is the salary of Underwriting Manager at ICICI Lombard General Insurance Company in New Delhi?
The average salary of a Underwriting Manager at ICICI Lombard General Insurance Company in New Delhi typically ranges from ₹8.3 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 2 years to 13 years).

The top 10% of Underwriting Manager in New Delhi at ICICI Lombard General Insurance Company earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Underwriting Manager 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 5 ICICI Lombard General Insurance Company employees in India.
What is the estimated take home salary of a Underwriting Manager at ICICI Lombard General Insurance Company in New Delhi?
The estimated take-home salary of a Underwriting Manager at ICICI Lombard General Insurance Company in New Delhi typically ranges from ₹70,867 to ₹72,692 per month. This is based on the average salary range of ₹8.3 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 2 years to 13 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 5 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 are the key skills required to be a Underwriting Manager at ICICI Lombard General Insurance Company in New Delhi?
To be a Underwriting Manager at ICICI Lombard General Insurance Company in New Delhi, the key skills required include:

  • - Commercial
  • - Underwriting

These skills are highly valued at ICICI Lombard General Insurance Company and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than ICICI Lombard General Insurance Company for Underwriting Manager in India?
Canara HSBC Life Insurance ₹8.2 Lakhs to ₹11.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Lombard General Insurance Company, depending on the role and experience level.
What is the salary of a Underwriting Manager in companies similar to ICICI Lombard General Insurance Company in New Delhi?
The salary of a Underwriting Manager at companies similar to ICICI Lombard General Insurance Company in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reliance General Insurance ₹6.0 Lakhs to ₹14.0 Lakhs per year
SBI General Insurance ₹8.0 Lakhs to ₹13.0 Lakhs per year
Tata AIG ₹7.8 Lakhs to ₹9.3 Lakhs per year
Care Health Insurance ₹2.7 Lakhs to ₹7.3 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 Manager at ICICI Lombard General Insurance Company in New Delhi?
The salary growth for a Underwriting Manager at ICICI Lombard General Insurance Company in New Delhi depends on factors such as experience, performance, and promotions. On average, a Underwriting Manager in New Delhi can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
2 years ₹7.6 Lakhs to ₹9.8 Lakhs per year
3 years ₹7.8 Lakhs to ₹10.0 Lakhs per year
4 years ₹8.0 Lakhs to ₹10.2 Lakhs per year
5 years ₹8.1 Lakhs to ₹10.4 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Underwriting Manager salary in New Delhi ranges between ₹8.3 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.