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Kotak Mahindara Life Insurance
3.7
based on 2.8k Reviews
Video summary
Company Overview
Company Locations
Working at Kotak Mahindara Life Insurance
Company Summary
This subsidiary of Kotak Mahindra Bank offers insurance products tailored for customer needs, focusing on protection and long-term savings across India.
Overall Rating
3.7/5
based on 2.8k reviews
5% below
industry average
Highly rated for
Job security
Critically rated for
Promotions
Work Policy
Work from office
84% employees reported
Monday to Saturday
45% employees reported
Flexible timing
54% employees reported
Within city
55% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
173 employees reported
Health insurance
116 employees reported
Cafeteria
47 employees reported
Office gym
32 employees reported
View all benefits
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About Kotak Mahindara Life Insurance
Founded in2001 (24 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websitekotaklife.com
Primary Industry
Other Industries
View in video summary
Kotak Mahindra Life Insurance Company Limited (Kotak Life) is a 100% owned subsidiary of Kotak Mahindra Bank Limited (Kotak). Kotak Life provides insurance products with high customer empathy. Its product suite leverages the combined prowess of protection and long term savings. Kotak Life is one of the fastest growing insurance companies in India with 303 branches across 146 cities and has covered more than 5 crore active lives as on 31st August 2024.
Kotak Mahindara Life Insurance Ratings
based on 2.8k reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
1.2k
4
732
3
426
2
163
1
327
Category Ratings
3.8
Job security
3.6
Company culture
3.6
Skill development
3.5
Salary
3.5
Work-life balance
3.4
Work satisfaction
3.3
Promotions
Kotak Mahindara Life Insurance is rated 3.7 out of 5 stars on AmbitionBox, based on 2.8k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Kotak Mahindara Life Insurance
based on 2.7k reviews
3.6
Rated by 692 Women
Rated 3.8 for Job security and 3.5 for Work-life balance
3.8
Rated by 2k Men
Rated 3.8 for Job security and 3.6 for Work-life balance
Work Policy at Kotak Mahindara Life Insurance
based on 389 reviews in last 6 months
Work from office
84%
Hybrid
12%
Permanent work from home
4%
Kotak Mahindara Life Insurance Reviews
Top mentions in Kotak Mahindara Life Insurance Reviews
+ 5 more
Sopra Steria
Success to our employee's well-being? A work-life balance that's simply unbeatable.
Our employees have rated us 4 for Work-Life Balance on AmbitionBox
Compare Kotak Mahindara Life Insurance with Similar Companies
 |  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 2.8k reviews | 4.1/5 based on 6.3k reviews  | 3.8/5 based on 3.8k reviews | 4.0/5 based on 9.1k reviews |
Highly Rated for | Job security | Job security Skill development Salary | Job security | Skill development Job security Work-life balance |
Critically Rated for | Promotions |  No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Work from office 84% employees reported | Work from office 88% employees reported | Work from office 76% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 3.6 Good rated by 692 women | 4.0 Good rated by 1.4k women | 3.7 Good rated by 612 women | 3.9 Good rated by 1.9k women |
Rating by Men Employees | 3.8 Good rated by 2k men | 4.1 Good rated by 4.6k men | 3.8 Good rated by 3k men | 4.0 Good rated by 6.8k men |
Job security | 3.8 Good | 4.1 Good | 3.8 Good | 3.9 Good |
View more
Kotak Mahindara Life Insurance Salaries
Kotak Mahindara Life Insurance salaries have received with an average score of 3.5 out of 5 by 2.8k employees.
Deputy Manager
(732 salaries)
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₹2.3 L/yr - ₹5.7 L/yr
Recruitment Development Manager
(706 salaries)
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₹2.5 L/yr - ₹5.3 L/yr
Sales Manager
(543 salaries)
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₹2 L/yr - ₹5.8 L/yr
Chief Manager
(449 salaries)
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₹5 L/yr - ₹18.5 L/yr
Assistant Vice President
(230 salaries)
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₹7 L/yr - ₹25.7 L/yr
Relationship Manager
(209 salaries)
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₹1.8 L/yr - ₹7 L/yr
Branch Manager
(201 salaries)
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₹4.5 L/yr - ₹13.5 L/yr
Management Trainee
(186 salaries)
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₹2.7 L/yr - ₹7 L/yr
Chief Managing Partner
(172 salaries)
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₹4.5 L/yr - ₹9 L/yr
Associate Recruitment and Development Manager
(163 salaries)
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₹3 L/yr - ₹4.5 L/yr
Kotak Mahindara Life Insurance Interview Questions
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Top Kotak Mahindara Life Insurance interview questions and answers
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Kotak Mahindara Life Insurance Jobs
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Current Openings
Kotak Mahindara Life Insurance Perks & Benefits
Kotak Mahindara Life Insurance Offices
Compare Kotak Mahindara Life Insurance with
Axis Max Life Insurance
4.1
Bajaj Allianz Life Insurance
4.0
Reliance Nippon Life Insurance
3.6
Aditya Birla Sun Life Insurance
4.0
Tata AIA Life Insurance
4.0
PNB MetLife
3.4
Life Insurance Corporation of India
4.3
ICICI Lombard General Insurance Company
3.7
HDFC Ergo General Insurance
3.9
Gallagher
3.7
SBI General Insurance
3.7
Shriram Life Insurance
3.6
Swiss Re
3.9
Allianz
4.4
Kotak Mahindra General Insurance
3.7
The New India Assurance Co.
4.5
United India Insurance Company
4.3
AIG
3.9
Empower
4.1
The Oriental Insurance Co.
4.4
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Kotak Mahindara Life Insurance FAQs
When was Kotak Mahindara Life Insurance founded?
Kotak Mahindara Life Insurance was founded in 2001. The company has been operating for 24 years primarily in the Insurance sector.
Where is the Kotak Mahindara Life Insurance headquarters located?
Kotak Mahindara Life Insurance is headquartered in Mumbai, Maharashtra.
How many employees does Kotak Mahindara Life Insurance have in India?
Kotak Mahindara Life Insurance currently has more than 16,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Kotak Mahindara Life Insurance based on the number of reviews submitted on AmbitionBox.
Does Kotak Mahindara Life Insurance have good work-life balance?
Kotak Mahindara Life Insurance has a Work-Life Balance Rating of 3.5 out of 5 based on 2,800+ employee reviews on AmbitionBox. 67% employees rated Kotak Mahindara Life Insurance 4 or above, while 33% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Kotak Mahindara Life Insurance work-life balance reviews for more details
Is Kotak Mahindara Life Insurance good for career growth?
Career growth at Kotak Mahindara Life Insurance is rated as moderate, with a promotions and appraisal rating of 3.3. 33% employees rated Kotak Mahindara Life Insurance 3 or below, while 67% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Kotak Mahindara Life Insurance promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in Kotak Mahindara Life Insurance?
Working at Kotak Mahindara Life Insurance comes with several advantages and disadvantages. It is highly rated for job security. However, it is poorly rated for promotions / appraisal, based on 2,800+ employee reviews on AmbitionBox.
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