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ICICI Lombard General Insurance Company USM salaries in India (Updated 2025)

Annual salary range
1 - 8 years exp.
₹3.1 Lakhs - ₹6.6 Lakhs
Salary of majority employees
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15% more than the average USM Salary in Insurance Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
USM Salary
1 - 8 years exp. (18 salaries)
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₹3.2 L/yr - ₹6.5 L/yr

Sales & Business Development
USM Salary
2 - 7 years exp. (11 salaries)
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₹3.5 L/yr - ₹6.6 L/yr

Marketing & Communication
USM Salary
2 - 4 years exp. (5 salaries)
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₹3.1 L/yr - ₹5.8 L/yr

Customer Success, Service & Operations
USM Salary
1 - 8 years exp. (3 salaries)
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₹4.2 L/yr - ₹5.5 L/yr

Last Updated: 28 Feb 2025

Companies similar to ICICI Lombard General Insurance Company for USM

Company name Avg Annual Salary Open Jobs
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Aditya Birla Sun Life Insurance USM Salary

0 - 5 years exp. (13 salaries)

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₹2.2 L/yr - ₹3.5 L/yr

arrow icon 37% less
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Magma HDI General Insurance USM Salary

4 - 8 years exp. (4 salaries)

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₹3.1 L/yr - ₹3.7 L/yr

arrow icon 34% less
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Aditya Birla Capital USM Salary

0 - 4 years exp. (4 salaries)

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₹2.2 L/yr - ₹4.2 L/yr

arrow icon 36% less
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Royal Sundaram General Insurance USM Salary

0 - 5 years exp. (3 salaries)

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₹2.4 L/yr - ₹4.1 L/yr

arrow icon 41% less
USM salary at ICICI Lombard General Insurance Company ranges between ₹3.1 Lakhs to ₹6.6 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 52 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company USM

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Experience wise ICICI Lombard General Insurance Company USM salaries

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹4.2 L/yr - ₹6.1 L/yr
2 years  (4 salaries)

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₹3.1 L/yr - ₹8.7 L/yr
3 years  (5 salaries)

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₹4 L/yr - ₹5.8 L/yr
4 years  (9 salaries)

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₹3.1 L/yr - ₹6.4 L/yr
5 years  (12 salaries)

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₹3.5 L/yr - ₹6.4 L/yr
View all

Salary related reviews for ICICI Lombard General Insurance Company

3.9

Rated by 32 employees for salary & benefits

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

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

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Full Time

 · 

Administration & Facilities Department

3.0
  •  posted on 19 Jan 2025

2.0
 for  Salary and Benefits

Likes

I had good co- workers with me. Friendly Team leader. That was the best part in my department.

Dislikes

...y. The TL and management will make your life hell. Even they call you on Sunday. With no extra pay.No work life balance at all.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 23 Dec 2024

3.0
 for  Salary and Benefits

Likes

Nothing as such, only u got salary on time

  • Job security - Good

Dislikes

Everything is worth from the top level to bottom level no one is supportive even HR's only listen to top level like your manager you are reporting to ... No appraisal no hike nothing specially for campus hire.. If you r fresher so definitely you will get 5 rating and no hike ,even you did too good in terms of business... No one will listen your point , top level is always right here

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  • Skill development - Poor
  • +4 more

Full Time

 · 

Other Department

5.0
  •  posted on 22 Nov 2024

2.0
 for  Salary and Benefits

Likes

Coordinates between the people

  • Job security - Good
  • +1 more

Dislikes

... the time of final scour means there is something is going to wrong internally . New joining people and we are not eligible for the bonus and incentives

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  • Salary - Poor
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Discover interview dos and don'ts from real experiences

What people are saying about ICICI Lombard General Insurance Company

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1w
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?
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ICICI Lombard General Insurance Company USM Salary FAQs

What is the salary of USM at ICICI Lombard General Insurance Company ?
The average salary of a USM at ICICI Lombard General Insurance Company in India typically ranges from ₹3.1 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of USM at ICICI Lombard General Insurance Company earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. USM 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 50+ ICICI Lombard General Insurance Company employees in India.
What is the estimated take home salary of a USM at ICICI Lombard General Insurance Company in India?
The estimated take-home salary of a USM at ICICI Lombard General Insurance Company in India typically ranges from ₹37,756 to ₹38,954 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 1 year to 8 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 50+ 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 USM in companies similar to ICICI Lombard General Insurance Company in India?
The salary of a USM 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:

Magma HDI General Insurance ₹3.1 Lakhs to ₹3.7 Lakhs per year
Aditya Birla Capital ₹2.2 Lakhs to ₹4.2 Lakhs per year
Aditya Birla Sun Life Insurance ₹2.2 Lakhs to ₹3.5 Lakhs per year
Royal Sundaram General Insurance ₹2.4 Lakhs to ₹4.1 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 USM at ICICI Lombard General Insurance Company in India?
The salary growth for a USM at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a USM can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
1 year ₹4.2 Lakhs to ₹6.1 Lakhs per year
2 years ₹3.1 Lakhs to ₹8.7 Lakhs per year
3 years ₹4.0 Lakhs to ₹5.8 Lakhs per year
4 years ₹3.1 Lakhs to ₹6.4 Lakhs per year
and so on.

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ICICI Lombard General Insurance Company USM salary in India ranges between ₹3.1 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 52 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.