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

Annual salary range
14 - 23 years exp.
₹32.1 Lakhs - ₹94 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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15% more than the average Vice President Salary in Insurance Companies for 14 - 23 years of experience

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Salaries in different departments

Strategic & Top Management
Vice President Salary
15 - 23 years exp. (11 salaries)
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₹33 L/yr - ₹94 L/yr

BFSI, Investments & Trading
Vice President Salary
15 - 20 years exp. (10 salaries)
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₹35 L/yr - ₹77.5 L/yr

Sales & Business Development
Vice President Salary
18 - 23 years exp. (5 salaries)
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₹47.5 L/yr - ₹60 L/yr

Marketing & Communication
Vice President Salary
14 - 16 years exp. (AmbitionBox Estimate)
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₹32.1 L/yr - ₹54.3 L/yr

Last Updated: 25 Feb 2025

Companies similar to ICICI Lombard General Insurance Company for Vice President

Company name Avg Annual Salary Open Jobs
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₹19.7 L/yr - ₹45 L/yr

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Axis Max Life Insurance Vice President Salary

14 - 25 years exp. (41 salaries)

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₹20.1 L/yr - ₹70.6 L/yr

arrow icon 22% less
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HDFC Life Vice President Salary

12 - 27 years exp. (39 salaries)

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₹26 L/yr - ₹72 L/yr

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4 job openings
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₹16 L/yr - ₹59.1 L/yr

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SBI Life Insurance Company Vice President Salary

10 - 20 years exp. (35 salaries)

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₹19.3 L/yr - ₹62 L/yr

arrow icon 28% less
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Tata AIG Vice President Salary

15 - 26 years exp. (25 salaries)

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₹29 L/yr - ₹50 L/yr

arrow icon 33% less
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₹40.5 L/yr - ₹73 L/yr

arrow icon 8% less
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Tata AIA Life Insurance Vice President Salary

15 - 23 years exp. (14 salaries)

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₹30.4 L/yr - ₹97 L/yr

arrow icon 24% more
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₹27 L/yr - ₹50 L/yr

arrow icon 33% less
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₹25.5 L/yr - ₹45 L/yr

arrow icon 37% less
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AXA Business Services Vice President Salary

11 - 25 years exp. (7 salaries)

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₹70 L/yr - ₹1 Cr/yr

arrow icon 68% more
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₹45 L/yr - ₹1.1 Cr/yr

arrow icon 41% more
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Gallagher Vice President Salary

9 - 22 years exp. (5 salaries)

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₹32 L/yr - ₹36.3 L/yr

arrow icon 38% less
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SBI General Insurance Vice President Salary

16 - 20 years exp. (4 salaries)

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₹38 L/yr - ₹94 L/yr

At par
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₹45 L/yr - ₹60 L/yr

arrow icon 17% less
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₹45 L/yr - ₹52 L/yr

arrow icon 11% less
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₹36 L/yr - ₹44 L/yr

arrow icon 27% less
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₹50 L/yr - ₹51 L/yr

arrow icon 10% less
Vice President salary at ICICI Lombard General Insurance Company ranges between ₹32.1 Lakhs to ₹94 Lakhs per year for employees with experience between 14 years to 23 years. Salary estimates are based on 34 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company Vice President

3d ago
₹50 Lakhs
19 years exp.
6mo ago
₹60 Lakhs
18 years exp.
7mo ago
₹64 Lakhs
19 years exp.
8mo ago
₹47.5 Lakhs
20 years exp.
8mo ago
₹70 Lakhs
21 years exp.
9mo ago
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17 years exp.
10mo ago
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22 years exp.
1y ago
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20 years exp.
1y ago
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23 years exp.
1y ago
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16 years exp.

Experience wise ICICI Lombard General Insurance Company Vice President salaries

Last Updated: 25 Feb 2025

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹32.1 L/yr - ₹90.8 L/yr
15+ years  (33 salaries)

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₹33 L/yr - ₹94 L/yr

Similar Designation salaries in ICICI Lombard General Insurance Company

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₹34 L/yr - ₹95 L/yr
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₹14 L/yr - ₹38 L/yr
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₹14.2 L/yr - ₹31 L/yr
Vice President Operations Salary
(AmbitionBox Estimate)
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₹38.6 L/yr - ₹49.3 L/yr
Head Operations Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Store Manager Salary
(3 salaries)
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₹2.1 L/yr - ₹11.6 L/yr
Business Head Salary
(AmbitionBox Estimate)
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₹57 L/yr - ₹63 L/yr
Branch Head Salary
(14 salaries)
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₹8 L/yr - ₹9 L/yr
Branch Manager Salary
(213 salaries)
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₹5 L/yr - ₹13 L/yr
Project Manager Salary
(11 salaries)
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₹8.76 L/yr - ₹20 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

4.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 08 Jun 2024

4.0
 for  Salary and Benefits

Likes

Get salary on time,

  • Salary - Good
  • +1 more

Dislikes

Toxic behaviour by top management, and HR will not supportive, On every day 4-5 con call , work under pressure , HR will transfer any time any where without prior notice, old employees are permanent दामाद of company, they will not accept new employees.

read more
  • Job security - Bad
  • +3 more

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

 · 

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.

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
see more salary related reviews

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ICICI Lombard General Insurance Company Vice President Salary FAQs

What is the salary of Vice President at ICICI Lombard General Insurance Company ?
The average salary of a Vice President at ICICI Lombard General Insurance Company in India typically ranges from ₹32.1 Lakhs to ₹94.0 Lakhs per year, depending on experience (from 14 years to 23 years).

The top 10% of Vice President at ICICI Lombard General Insurance Company earn more than ₹93.3 Lakhs per year, and the top 1% earn over ₹94.0 Lakhs per year. Vice President 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 30+ ICICI Lombard General Insurance Company employees in India.
What is the estimated take home salary of a Vice President at ICICI Lombard General Insurance Company in India?
The estimated take-home salary of a Vice President at ICICI Lombard General Insurance Company in India typically ranges from ₹3,12,664 to ₹3,24,783 per month. This is based on the average salary range of ₹32.1 Lakhs to ₹94.0 Lakhs per year for employees with experience ranging from 14 years to 23 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 30+ salaries received from various employees of ICICI Lombard General Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than ICICI Lombard General Insurance Company for Vice President in India?
AXA Business Services ₹70.0 Lakhs to ₹100.0 Lakhs per year
First American Corporation ₹45.0 Lakhs to ₹106.0 Lakhs per year
Tata AIA Life Insurance ₹30.4 Lakhs to ₹97.0 Lakhs per year
SBI General Insurance ₹38.0 Lakhs to ₹94.0 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 Vice President in companies similar to ICICI Lombard General Insurance Company in India?
The salary of a Vice President 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:

Bajaj Allianz Life Insurance ₹40.5 Lakhs to ₹73.0 Lakhs per year
Star Health & Allied Insurance ₹50.0 Lakhs to ₹51.0 Lakhs per year
Reliance General Insurance ₹45.0 Lakhs to ₹52.0 Lakhs per year
HDFC Life ₹26.0 Lakhs to ₹72.0 Lakhs per year
Iffco Tokio General Insurance Co. ₹45.0 Lakhs to ₹60.0 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 Vice President at ICICI Lombard General Insurance Company in India?
The salary growth for a Vice President at ICICI Lombard General Insurance Company depends on factors such as experience, performance, and promotions. On average, a Vice President can expect the following growth trajectory at ICICI Lombard General Insurance Company:

Experience Average Salary Range
14 years ₹32.1 Lakhs to ₹90.8 Lakhs per year
15 years ₹33.0 Lakhs to ₹94.0 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Vice President salary in India ranges between ₹32.1 Lakhs to ₹94 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 34 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.