Kotak Mahindara Life Insurance Product Development Manager Reviews

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

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

In Banca channel you will get a branch ,so they will give you the leads,you don't have to self sourcing.

Dislikes

Worst work culture. Unbearable pressure. You will do business still they will pressurise and harras you. Poor work life balance. They will call you to come to office on weekends without any reason and keep you upto 8.40 pm or 9 pm (Without any gender biasness)

Work Details

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This job involves Travel Within City.

Likes

1. Nothing

Dislikes

1. No work life Balance ( No holiday, everyday You have to work although in Callender Weekly off is mentioned) 2. Bad in employee's problem solving 3. Everyday VC, intentionally to humiliate the employee 4. Career growth is very stagnant 5. Service to the Advisor is pathetic 6. No job security 7. Regular Termination 8. Very less branch availability leads to pathetic customer service. Only 5 Branches in Odisha...Read More

Work Details

Work timings: Strict Timings

Likes

Nothing

Dislikes

Terrible work life balance, I had medical issues I was on leave still they forced me to work from home. I had my one foot fractured but I had to join office within 5 days. Terrible office politics. Not safe environment for female staff as well, will never recommend anyone to work with this organisation. You need to come office sharp9:30 before time, but cannot leave as per shift time, they would want you to stay back till 8/9/9:30 pm as well. Worst culture I have ever seen. Badi badi bate karte h buss, don't fall in their honey trap....Read More

Work Details

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This job involves Travel Within Country.

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

Job Security

Dislikes

Top Most Management in this company is worst; decision-making skills are very low Salary packages are very low for junior profiles but there work load is huge as compared with there senior profiles. Zero salary hikes and annual bonuses also depend on your boss; if he wants to give you 100,000, you will get it; if he wants to give you 10,000, that is your bonus. Huge package difference between senior boss and junior employees (ex., senior . Sr. boss package is above 30 Lacs but junior package is below 5 Lacs), Very little appreciation employees...Read More

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This job involves Travel Within City.

Likes

Seriously nothing exciting

Dislikes

There are lots of things to dislike. To much of politics, extreme pressure and you have to work here Even in Saturday and Sunday too. Work culture is pathetic

Work Details

Work timings: Strict Timings

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

work life balance and the culture of the organization

Dislikes

Salary not up to the mark. not paid as per industry standard. additional branches, additional works given without proper hike in salary. Branches have poor depressing culture, no celebration, revenue generating teams at branches are recognized, not the backend teams irrespective of their contribution to the success. Overall branches are not happy place to work.

Work Details

Work timings: Strict Timings

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

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

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

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

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

Workplace is good. Company with high job security.

Dislikes

The system and processes are outdated. Rewards and Recognition to employees are not on their top of their mind. Profit centric company lesser focus on spending money for better result or capturing larger market share. Products are not competitive.

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This is a desk job.