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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Actuarial Manager salaries in India

Annual salary range
0 - 2 years exp.
₹6.5 Lakhs - ₹8.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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61% less than the average Actuarial Manager Salary in Insurance Companies for 0 - 2 years of experience

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Last Updated: 23 Dec 2023

Companies similar to Kotak Mahindara Life Insurance for Actuarial Manager

Company name Avg Annual Salary Open Jobs
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₹5.3 L/yr - ₹25.2 L/yr

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₹10.1 L/yr - ₹12 L/yr

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₹4.5 L/yr - ₹8.8 L/yr

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Aon Actuarial Manager Salary

8 - 10 years exp. (5 salaries)

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₹10.3 L/yr - ₹14.6 L/yr

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WNS Actuarial Manager Salary

2 - 16 years exp. (5 salaries)

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₹10.1 L/yr - ₹27 L/yr

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Actuarial Manager salary at Kotak Mahindara Life Insurance ranges between ₹6.5 Lakhs to ₹8.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Actuarial Manager

1y ago
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2 years exp.
1y ago
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1 year exp.

Experience wise Kotak Mahindara Life Insurance Actuarial Manager salaries

Last Updated: 23 Dec 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹6.5 L/yr - ₹6.5 L/yr
1 year (AmbitionBox Estimate)

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₹6.5 L/yr - ₹12.7 L/yr
2 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹8.5 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Actuarial Analyst Salary
(AmbitionBox Estimate)
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₹6.6 L/yr - ₹8.4 L/yr
Group Manager Salary
(AmbitionBox Estimate)
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₹19.8 L/yr - ₹25.3 L/yr
Deputy Manager Salary
(939 salaries)
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₹2 L/yr - ₹5.69 L/yr
Chief Manager Salary
(450 salaries)
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₹5.13 L/yr - ₹19 L/yr
Actuarial Consultant Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
Financial Analyst Salary
(AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.6 L/yr
Accountant Salary
(4 salaries)
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₹1.44 L/yr - ₹5.15 L/yr
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₹1.1 L/yr - ₹2.25 L/yr
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₹3.5 L/yr - ₹4.2 L/yr
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₹24 L/yr - ₹65 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Aug 2024

2.0
 for  Salary and Benefits

Likes

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

read more
  • Job security - Excellent
    +2 more

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
  • Salary - Poor
    +1 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 04 Jan 2025

3.0
 for  Salary and Benefits

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

read more
  • Skill development - Poor
    +4 more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 04 Apr 2024

3.0
 for  Salary and Benefits

Likes

Work life balance is okay. Good place to work in. Maximum professionally qualified employees.

  • Job security - Good
    +1 more

Dislikes

No Employee benefits. Salary lower than industry standards. No comp off. Politics (common in every organisation) No work from home.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 27 Jul 2023

5.0
 for  Salary and Benefits

Likes

HR support is very good.. Salary amd Incentive payout

  • Salary - Excellent
    +2 more

Dislikes

Kotak is big brand to work but few of the Senior Managers made the work culture worst just for their benefits... They doesn't have feelings about the pain of employees.

read more
  • Work satisfaction - Bad
    +1 more

Alternate Sales Department

2.0
  •  posted on 13 Apr 2022

2.0
 for  Salary and Benefits

Likes

Kotak Mahindra Bank branches alloted were doing good business

Dislikes

1st salary badly delayed, but was personally sorted by HR. No support even in case of family emergency and hence had to resign having no choice

read more
  • Salary - Poor
    +5 more
see more salary related reviews

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Kotak Mahindara Life Insurance Actuarial Manager Salary FAQs

What is the salary of Actuarial Manager at Kotak Mahindara Life Insurance?
Actuarial Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹6.5 Lakhs to ₹8.5 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 61% less than the average Actuarial Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Actuarial Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Actuarial Manager at Kotak Mahindara Life Insurance is 61% less than the average salary of a Actuarial Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Actuarial Manager in India?
  • WNS Actuarial Manager Salary - ₹10.1 Lakhs to ₹27.0 Lakhs per year
  • ICICI Prudential Life Insurance Actuarial Manager Salary - ₹5.3 Lakhs to ₹25.2 Lakhs per year
  • Aon Actuarial Manager Salary - ₹10.3 Lakhs to ₹14.6 Lakhs per year
  • SBI Life Insurance Company Actuarial Manager Salary - ₹10.1 Lakhs to ₹12.0 Lakhs per year
What is the salary of a Actuarial Manager in companies similar to Kotak Mahindara Life Insurance in India?
  • Care Health Insurance Actuarial Manager Salary - ₹4.5 Lakhs to ₹8.8 Lakhs per year
What is the estimated take home salary of a Actuarial Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Actuarial Manager at Kotak Mahindara Life Insurance ranges between ₹53,265 per month to ₹54,591 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Actuarial Manager salary in India which ranges between ₹6.5 Lakhs to ₹8.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?
What is the notice period for Actuarial Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Actuarial Managers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Actuarial Manager salary in India ranges between ₹6.5 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.