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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

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3.7

based on 4.5k Reviews

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ICICI Lombard General Insurance Company BFSI, Investments & Trading Department Salaries in India (Updated 2025)

based on 4k latest salaries
Designation Avg Annual Salary Open Jobs

Channel Sales Executive

1 - 4 years exp. (5 salaries)
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₹1.8 L/yr - ₹3.2 L/yr

Operations Officer

4 - 6 years exp. (5 salaries)
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₹2.8 L/yr - ₹3 L/yr

Sales Coordinator

3 - 6 years exp. (5 salaries)
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₹2.1 L/yr - ₹2.6 L/yr

Insurance Executive

2 - 4 years exp. (5 salaries)
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₹1.6 L/yr - ₹3.5 L/yr

Insurance Sales Officer

1 - 3 years exp. (5 salaries)
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₹2 L/yr - ₹2.8 L/yr

Sales Manager 1

8 - 12 years exp. (5 salaries)
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₹5.2 L/yr - ₹6.5 L/yr

Operative

2 - 7 years exp. (4 salaries)
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₹2.2 L/yr - ₹2.7 L/yr

Assistant Sales Manager

7 - 10 years exp. (4 salaries)
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₹4.4 L/yr - ₹7.5 L/yr

Training Officer

0 - 5 years exp. (4 salaries)
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₹1.5 L/yr - ₹3.8 L/yr

Area Business Manager

7 - 14 years exp. (4 salaries)
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₹2.1 L/yr - ₹11 L/yr

Insurance Adviser

0 - 3 years exp. (4 salaries)
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₹2 L/yr - ₹3 L/yr

Cluster Head

9 - 17 years exp. (4 salaries)
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₹5.6 L/yr - ₹11 L/yr

Manager OPS

4 - 16 years exp. (4 salaries)
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₹3.4 L/yr - ₹12.8 L/yr

State Head

11 - 20 years exp. (4 salaries)
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₹8.3 L/yr - ₹11.1 L/yr

Trainee

1 - 3 years exp. (4 salaries)
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₹1.5 L/yr - ₹3.2 L/yr

Cluster Manager

5 - 8 years exp. (4 salaries)
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₹7 L/yr - ₹13.2 L/yr

Area Service Manager

13 - 16 years exp. (4 salaries)
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₹12 L/yr - ₹14 L/yr

Customer Service Executive

1 - 2 years exp. (4 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

Bancassurance Officer

1 - 6 years exp. (4 salaries)
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₹3 L/yr - ₹3.6 L/yr

Key Relationship Manager

1 - 8 years exp. (4 salaries)
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₹4.2 L/yr - ₹5 L/yr

Last Updated: 2 Mar, 2025

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2w
a senior quality lead
Help me with in hand salary
Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions
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Salary related reviews for ICICI Lombard General Insurance Company

3.6

Rated by 1.4k employees for salary & benefits

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

Retail Sales Officer in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 24 Aug 2023
1.0
 for  Salary and Benefits

Likes

They making fool and pressure also misbehaving on employees. I suggest to people never will go at ICICI Lombard I'm very thankful to God, who given me power which I get leave that job after 6 months

read more

Dislikes

Miss behaviour with employee Not give tea break And also lounch Break cut by TL and USM

read more
  • Salary - Bad
    • +6 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.

Claims Manager in Hyderabad / Secunderabad

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 28 Jan 2023
1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

I was interviewed, got selected, documentations & everything were done, which took nearly 2 days, after that salary negotiations, then all of a sudden they started saying that hyderabad location won't be easier for me as I have to relocate & my residential place in hyderabad is little away from the ofc, then they started saying that they will try to relocate me to kolkata, I accepted that offer too, but after waiting for 2 days i got to know that there's no vacancy for Kolkata location also, they simply played a game with my career. And mind you, I being shortlisted after interviewing & documentations all were done unofficially on whatsApp and not on mail, I don't trust this organization any more. Please be careful before joining.

read more
  • Salary - Bad
    • +6 more

Senior Manager in Kolkata

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 14 Feb 2023
4.0
 for  Salary and Benefits

Likes

Lombard traps only with the salary. Except the pay, nothing is good for an employee here

read more
  • Salary - Good

Dislikes

Work culture is horrible. Even “horrible” is an understatement. No work life balance. Employees are not treated well.

  • Skill development - Bad
    • +5 more
see more salary related reviews

ICICI Lombard General Insurance Company interview questions by designations

Unit Sales Manager (26)Senior Manager (9)Relationship Manager (8)Manager (7)
View all 251 interview experiences
More about working at ICICI Lombard General Insurance Company

ICICI Lombard General Insurance Company Salary FAQs

How much does ICICI Lombard General Insurance Company pay per year?
The average ICICI Lombard General Insurance Company salary ranges from approximately ₹0.2 Lakh to ₹2.3 Lakhs per year for a Receptionist and ₹34 Lakhs to ₹95 Lakhs per year for a Senior Vice President. Salary estimates are based on 4k ICICI Lombard General Insurance Company salaries received from various employees of ICICI Lombard General Insurance Company. ICICI Lombard General Insurance Company employees rate the overall salary and benefits package 3.6/5 stars.
What is the highest salary in ICICI Lombard General Insurance Company?
The highest-paying job at ICICI Lombard General Insurance Company is a Senior Vice President with a salary of ₹34 Lakhs to ₹95 Lakhs per year. The top 10% of employees earn more than ₹14.25 lakhs per year. The top 1% earn more than a whopping ₹36.22 lakhs per year.
What is the minimum salary in ICICI Lombard General Insurance Company?
Minimum salary at ICICI Lombard General Insurance Company depends on the role you are applying for. For Customer Relationship Manager the minimum salary is ₹1.5 Lakh to ₹4.6 Lakhs per year, and for Customer Service Manager the minimum salary is ₹1.8 Lakh to ₹9 Lakhs per year and so on.
What is the salary package for freshers in ICICI Lombard General Insurance Company?
The average salary at ICICI Lombard General Insurance Company for freshers varies from ₹1.2 Lakh to ₹3 Lakhs per year for Telecalling Executive and ₹10 Lakhs to ₹14.4 Lakhs per year for Actuarial Analyst.
What is the notice period at ICICI Lombard General Insurance Company in BFSI, Investments & Trading Department?
According to AmbitionBox, 59% of the ICICI Lombard General Insurance Company employees in BFSI, Investments & Trading Department reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 2.5k responses on AmbitionBox in last 2 years.

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Average annual salary in BFSI, Investments & Trading department at ICICI Lombard General Insurance Company is INRunlock blur . Salary estimates are based on 4k ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.

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