As one of India’s leading general insurance companies, ICICI Lombard offers a dynamic and future-forward work environment, especially attractive for fresh graduates aiming to build stable, rewarding careers in the financial services sector.
In 2025, the insurance industry continues to expand due to increasing awareness, digital transformation, and government-backed schemes, creating multiple high-paying opportunities for young professionals.
For freshers looking to enter this promising field, ICICI Lombard presents various job roles that combine good pay, professional growth, and long-term security.
This article provides a comprehensive overview of the top 10 high-paying jobs at ICICI Lombard tailored specifically for freshers in India, along with detailed insights into eligibility, benefits, roles, and the application process.
1. Management Trainee – Sales and Distribution
This is one of the most sought-after roles for freshers who wish to enter the insurance domain through a structured training program. Management Trainees work closely with the sales and distribution team to understand market dynamics, customer needs, and insurance products.
Average Salary: ₹5.5 – ₹7 LPA
Eligibility: MBA (Marketing/Finance), or Graduate with strong interpersonal skills
Benefits: Fast-track career progression, structured training, bonuses on performance
Application Process: Campus recruitment, online application via careers.icicilombard.com
2. Claims Management Executive
Freshers interested in client service and operations will find this role engaging and impactful. Claims Executives handle claim intimation, verification of documents, and coordination with hospitals or garages.
Average Salary: ₹4.2 – ₹6.5 LPA
Eligibility: B.Com, BBA, or any graduate in finance, healthcare, or insurance-related fields
Advantages include gaining insight into backend processes, hands-on experience with real-time issue resolution, and opportunities for on-site visits.
Application Process: Direct online applications or walk-in recruitment drives
3. Underwriting Analyst – Health and Motor Insurance
An ideal role for analytical minds, underwriters evaluate insurance applications based on risk assessment and policy terms. ICICI Lombard’s advanced underwriting systems make this role strategic and data-driven.
Average Salary: ₹5 – ₹7.2 LPA
Eligibility: B.Sc, B.Com, or technical graduates with good analytical skills
Benefits: Strong learning curve in risk management and actuarial processes
Application Process: Online aptitude test, interview, and role-specific assessment
4. Digital Marketing Associate – Insurance Products
As ICICI Lombard continues to expand its digital outreach, freshers with knowledge in digital tools and social media strategy can leverage this role to boost product visibility and customer engagement online.
Average Salary: ₹5 – ₹7 LPA
Eligibility: Graduate in Marketing, Mass Communication, or Digital Media
Benefits: Work on live campaigns, content strategy, SEO, and PPC
Application Process: Submission of portfolio or case-study task followed by interview
5. Customer Relationship Manager (CRM)
CRMs are the face of the company for many policyholders, ensuring a seamless onboarding and servicing experience. Freshers who enjoy client interaction, persuasion, and follow-ups are well-suited for this profile.
Average Salary: ₹4.5 – ₹6.8 LPA
Eligibility: Any graduate with strong communication and negotiation skills
Benefits: Incentive-based structure, professional development training, long-term growth
Application Process: Group discussion followed by HR and operations interview
6. Risk Analyst – General Insurance
This role is perfect for graduates interested in identifying, evaluating, and mitigating risks associated with various insurance products. It involves collaboration with the legal, finance, and actuarial teams.
Average Salary: ₹6 – ₹8 LPA
Eligibility: B.Tech, B.Com, B.Sc (Maths or Stats), or MBA
Benefits: Highly analytical profile with scope for international certifications
Application Process: Multiple-stage evaluation including an online test and panel interview
7. Operations Executive – Claims Processing
Operations Executives ensure timely and error-free processing of insurance claims and documentation. This back-end role is ideal for those looking to gain exposure in systems and compliance.
Average Salary: ₹4 – ₹5.8 LPA
Eligibility: Any graduate with a flair for detail, accuracy, and task management
Benefits: Job stability, exposure to internal tools like CRM and ERP systems
Application Process: Direct recruitment or referral-based hiring
8. Product Development Associate
In this strategic role, freshers contribute to the development of new insurance products based on market research, competition analysis, and customer feedback. It is a cross-functional job offering significant learning.
Average Salary: ₹6.2 – ₹8.5 LPA
Eligibility: MBA (Marketing/Finance) or BBA with project internship in insurance
Benefits: Strategic exposure, chance to work with product heads, innovation platforms
Application Process: Profile-based selection through ICICI Lombard’s graduate programs
9. IT Support Executive – InsurTech Division
With the rise of tech-driven insurance, ICICI Lombard invests heavily in IT infrastructure. This role involves managing software platforms, mobile apps, and digital insurance products.
Average Salary: ₹5.8 – ₹7.5 LPA
Eligibility: B.Tech (Computer Science, IT), MCA, or BCA graduates
Benefits: Tech certifications, modern tools (AI/ML/RPA), cross-domain learning
Application Process: Technical interview, coding round, and background check
10. Field Sales Executive – Retail and Bancassurance
This customer-facing role is ideal for candidates who enjoy marketing and want to work on-ground with banks and retail clients. It combines fieldwork with target-based rewards and recognitions.
Average Salary: ₹4.5 – ₹6.9 LPA + Incentives
Eligibility: Any graduate with excellent communication and networking skills
Benefits: Travel allowance, sales training, attractive incentives on targets
Application Process: Interview via ICICI Lombard’s recruitment partners or job fairs
How to Apply for Jobs at ICICI Lombard in 2025
Interested candidates can explore job openings through multiple official channels:
Official Careers Website: careers.icicilombard.com
LinkedIn & Naukri.com: Updated listings with filters for freshers
Campus Recruitment Drives: Visit during placement seasons at major universities
Pathway to Employment: Internships frequently lead to full-time roles through Pre-Placement Offers (PPOs).
Make sure your resume highlights skills such as communication, critical thinking, Excel proficiency, and awareness of insurance terminology.
Conclusion
The insurance sector is no longer a dull, paperwork-heavy industry it’s transforming into a tech-savvy, customer-first, and highly competitive space offering excellent career prospects. ICICI Lombard, with its modern infrastructure and commitment to professional development, stands out as a top employer for fresh graduates in India. Whether you are a finance graduate, a marketing enthusiast, or a tech student, there is a lucrative opportunity waiting for you. With the right preparation and mindset, freshers can build a thriving and well-compensated career at ICICI Lombard in 2025 and beyond.
