Kotak Mahindara Life Insurance Mumbai 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

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

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

Nothing

Dislikes

I got selected for Sales Manager role in CAB channel and after that I have waisted 14 days for the offer letter but after 14 days they told me that hiring is gone on hold and Hr name was Blossom D'Cruz and HR manager name was Kalpana and Manager name was Debashish

Work Details

Work days: Monday to Saturday (Flexible Timings)

Work related travel: This job involves Travel Within City.

Likes

better not join

Dislikes

worst insurance company to join in toxic work culture not open to new ideas less communication between managers and team tier 2 tier 3 college management trainee are treated very bad

Work Details

Work days: Monday to Friday (Strict Timings)

Likes

Kotak Life insurance services is good to compare the all companies

Dislikes

My profile is sales advisor not on time log out without the sale and office time is 9 hrs but I am working in the 10 hrs to 11 hrs

Work Details

Work timings: Flexible Timings

Work related travel: This is a desk job.

Likes

Fun environment and very flexible

Dislikes

Very poor appraisals according to the designations

Work Details

Work policy: 1 day work from home

Work days: Monday to Friday (Flexible Timings)

Work related travel: This is a desk job.