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Engaged Employer

Kotak Mahindara Life Insurance

3.7
based on 2.8k Reviews
Video summary

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
highly rated categories
5% below
industry average
highly rated categories
Highly rated for

Job security

highly rated categories
Critically rated for

Promotions

Work Policy
Work from office
Work from office
83% employees reported
Monday to Saturday
Monday to Saturday
45% employees reported
Flexible timing
Flexible timing
54% employees reported
Within city
Within city
55% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
173 employees reported
Health insurance
Health insurance
116 employees reported
Cafeteria
Cafeteria
47 employees reported
Office gym
Office gym
32 employees reported
View all benefits

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
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
730
3
425
2
163
1
327

Category Ratings

3.8

Job security

3.6

Company culture

3.6

Work-life balance

3.6

Skill development

3.5

Salary

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 688 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
83%
Hybrid
13%
Permanent work from home
4%

Kotak Mahindara Life Insurance Reviews

Top mentions in Kotak Mahindara Life Insurance Reviews

+ 5 more

Compare Kotak Mahindara Life Insurance with Similar Companies

Kotak Mahindara Life Insurance
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HDFC Life
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Overall Rating
3.7/5
based on 2.8k reviews
4.1/5
based on 6.2k 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
83% employees reported
Work from office
87% employees reported
Work from office
77% employees reported
Work from office
81% employees reported
Rating by Women Employees
3.6
Good
rated by 688 women
4.0
Good
rated by 1.4k women
3.8
Good
rated by 610 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

(858 salaries)
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₹2.3 L/yr - ₹5.7 L/yr

Recruitment Development Manager

(708 salaries)
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₹2.5 L/yr - ₹5.3 L/yr

Sales Manager

(542 salaries)
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₹2.4 L/yr - ₹5.7 L/yr

Chief Manager

(481 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

(200 salaries)
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₹4.5 L/yr - ₹13.5 L/yr

Management Trainee

(194 salaries)
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₹2.7 L/yr - ₹7 L/yr

Associate Recruitment and Development Manager

(163 salaries)
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₹3 L/yr - ₹4.5 L/yr

Chief Managing Partner

(154 salaries)
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₹4.7 L/yr - ₹10 L/yr

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4.1
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4.0
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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 3.6 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.
Kotak Mahindara Life Insurance Overview
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