Kotak Mahindara Life Insurance Reviews

Likes

Overall it was a good experience and nice environment and the staffs are good to get along with and the company policies are good.

Dislikes

There is a lot of pressure and the salary was way too low for a fresher. Coming to the hike you need to push your self so hard to get just 5% out of 100 per year based on your performance. It would be too hard to understand the modal and to work quick.

Work Details

It was a good experience but the issue is there is a heavy Multitasking in the office particularly with the designation

Work days: Alternate Saturday off (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

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

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

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

I believe my work has an impact on the company as a whole the company's values align with my own.

Dislikes

While I appreciate the opportunities my current job has provided, I find the compensation and benefits don't align with industry standards. I'm looking for a role that recognizes and rewards my contributions more fittingly.