Kotak Mahindara Life Insurance Bancassurance Manager Reviews

Likes

Managerial support.

Dislikes

"As an employee at Kotak Life Insurance, I've encountered several challenges that have affected my satisfaction with the company. The workload is often overwhelming, with unrealistic targets and expectations set by management. There's a lack of adequate support and training, making it difficult to perform tasks efficiently. Additionally, communication within the team and with higher management can be unclear and inconsistent, leading to misunderstandings and delays in decision-making. Company gives me 2.5% hike in appraisal after achieving a 70% of YTD Target.... Appraisal and salary hike processes at Kotak Life Insurance are deeply disappointing. Despite dedicated efforts and meeting performance targets, the appraisal system feels arbitrary and lacks transparency. Promises of career growth and salary increments are often unfulfilled, leaving employees demotivated and undervalued. There’s a noticeable disparity between the workload expectations and the compensation provided, which doesn’t align with industry standards. This undermines morale and loyalty among employees, impacting overall productivity and retention. Clearer and fairer appraisal policies are urgently needed to retain talent and boost employee satisfaction."...Read More

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This job involves Travel Within City.

Likes

While my feedback depends on my personal experience. The reality might definitely vary from team to team and process to process. As of my experience, please do not come to this company. It's Mumbai - Goregaon branch is 4 km distant from the railway station and it's a time consuming travel. Other than this, the working experience is like living hell. No fixed timings, you will start your shift at 10.30 am and leave home at 10 pm. The process are dull manual. You will die working on your files but still the file wont be up to date. Because while you were working on your file, 100 more things have happened. But they expect a real time updated file. Don't come here....Read More

Dislikes

Everything is to be disliked. Wrote dislike in the Like section.

Work Details

Work timings: Strict Timings

Work related travel: This is a desk job.

Likes

Nothing

Dislikes

Hopless monopoly company with no hikes notice period with approval on reporting managers ,Employee has to wait For FF no growth concall tortures no hastle free process,Deviations at the it's like 80's type stereotype bunch of b**@*running the company with friendly benifits Toxic Managers make work you in May 1 labour day while they enjoy their holiday

Work Details

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This is a desk job.

Likes

I would like to thanks to Kotak Life for giving me opportunity, I have learned lot of things, Skills and knowledge from here. In my view I like company culture only .

Dislikes

In my point of view, I dislike the most about company that the company is not aggressive for employee salary & benefits same is for Promotion/appraisal. the company needs to improve these things. . . because the ground level employee is a key to success for organization and for all . . .

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This job involves Travel Within City.

Likes

I work in banca channel overall experience is good in kotak but the work process is very slow and the product is not very much good as compare to other companies . But kotak really helps the job gap and unemployment people to find their job

Dislikes

Work process and system because this is very slow and unrealistic

Work Details

Work days: Monday to Saturday (Flexible Timings)

Work related travel: This job involves Travel Within City.

Likes

Only job security

Dislikes

Work environment was not at all good hr and manager gives false commitment they ask to come on Sunday without pay 7 days a week and daily extend shift without any OT or something no positive environment they treat us like machine

Work Details

Work timings: Strict Timings

Work related travel: This is a desk job.

Likes

the work-life balance is good. The working environment is good Management- the managers are friendly and supportive. 

Dislikes

Salary growth is not worth properly accordingly to work load.

Work Details

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This job involves Travel Within City.

Likes

Work culture is sincerely very good over here. Management does not disturb you unless you are not at all doing your job.

Dislikes

Salary and incentive is lesser than direct channel or other market.

Work Details

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This job involves Travel Within City.

Likes

Good for incentives if you are okey with insults every day

Dislikes

Work culture the way people talk their words cheap words no professional behaviour asking about personal life is more interesting then working … even for higher level people so no my type I’ve been to really great work places but this is company is my big mistake

Work Details

Work timings: Strict Timings

Work related travel: This job involves Travel Within City.

Likes

This is the worst company I have ever worked for

Dislikes

I dislike everything about this company, even after resignation they didn't approve it and after 2 months of my resignation they called me, after several email I have to do for my relieving and said now they will process my relieving and my fnf will come after 45 days from now. Pathetic behaviour of HRVP.

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This job involves Travel Within City, Travel Within Country.

Likes

It’s promotion criteria

Dislikes

Their shall be CRM for advisors in which details of inactive advisors must be mapped to each new RDM , instead of focusing for procuring business from own house we must focus on catchment and vicinity via advertising and promotions . Authority shall be on DM’s to make sure everyone gets active,not by pressuring them .

Work Details

Work related travel: This job involves Travel Within City.

Likes

Nothing good to write about.

Dislikes

Can't even count the dislikes. 1. You are never sure that you will get your salary on time. HR can (by mistake) mistakes at time of salary credit. 2. Upper management lies alot. 3. You wont learn anything, if u have ideas of growth and benificial for the company (Forget It) 4. HR is just a word, the people of the department don't know what HR does for a change. 5. You will be promissed alot of things at time of joining, rest assured they are just a myth. This list can go on and on, i just don't wanna waste my time on them anymore....Read More

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This job involves Travel Within City.

Likes

There is nothing to like a about this fraud company. It's fraud to it's employee then it be fraud to even it's customers. DO NOT JOIN THIS COMPANY. DO NOT INVEST NOR DO ANY BUSINESS WITH THIS COMPANY

Dislikes

My husband works here. List of deeds they do. 1. Worst ever HR's. No response to calls. No resolution. No appointment on time no exit on time they are king of their work they do only if they are interested if not they don't give a change. 2. Worst management only can ask business but never appreciated or help employee in need. 3. Nocelebration no birthday no festivals 4. Cheap rowdies appointed as SM who threat manager to kill and management gives no dam to manager life and encourage the SM. 5. If salaries are delayed no intimation done. When called HR's no response or HR blocks the numbers. 6. No reimbursement done on time. 7. No help from higher management. 8. The worst company ever. 9. If you post anything they will hold your papers. They will not provide any of documents. 10. Soon these notes will be shared on media. 11. No time limit for work. 12. No life security 13. No work security...Read More

Work Details

Work days: Alternate Saturday off (Flexible Timings)

Work related travel: This job involves Travel Within City.

Likes

I am a Girl Employee of Kotak Mahindra Life Insurance Company as Senior Manager and I am safe and secure in this company. I am working under Mr. Vivek Agarwal sir and Mr. Rajdip Dey sir and I am very happy to work with them.. This review is really fake review.

Dislikes

Nothing

Work Details

Work days: Monday to Saturday (Flexible Timings)

Work related travel: This is a desk job.

Likes

Kotak Life learning with colleagues and seniors, helpful people. New innovations happening in business and product teams.

Dislikes

Human Resources and employees understanding. Human resource donot do anything for employees just gives threat on every occasion to employees for salary hold. New generation should not join this company as ther are better HR polices elsewhere Some department like IT areas slow,no future thought processes. As HR polices are so bad that even your managers and head of department are weak and toothless for any new initiatives...Read More

Work Details

Work days: Monday to Friday (Flexible Timings)

Work related travel: This is a desk job.

Likes

The only thing i like about kotak is it process and incentive structure

Dislikes

There are various things which i like about 1. The hR of the company is not at all supportive. The only support people of higher authority 2. The people sitting at higher authority have no idea how to respect people who are working in their team 3 The process here is so lengthy and even the operation doesnt pick the call