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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Administration Manager salaries in Administration & Facilities in India

Annual salary range
1 - 8 years exp.
₹2.2 Lakhs - ₹4 Lakhs
Salary of majority employees
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62% less than the average Administration Manager Salary in Insurance Companies for 1 - 8 years of experience

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Last Updated: 19 Jan 2025

Companies similar to Kotak Mahindara Life Insurance for Administration Manager in Administration & Facilities department

Company name Avg Annual Salary Open Jobs
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₹8.2 L/yr - ₹12.1 L/yr

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₹15.3 L/yr - ₹19.6 L/yr

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₹3.2 L/yr - ₹9 L/yr

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₹5.3 L/yr - ₹6 L/yr

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Administration Manager salary at Kotak Mahindara Life Insurance ranges between ₹2.2 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 17 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Administration Manager in Administration & Facilities department

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Experience wise Kotak Mahindara Life Insurance Administration Manager salaries in Administration & Facilities department

Last Updated: 19 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹5.2 L/yr
2 years  (4 salaries)

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₹2.5 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹5.4 L/yr
4 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹5.6 L/yr
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Similar Designation salaries in Kotak Mahindara Life Insurance

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₹3.5 L/yr - ₹4.2 L/yr
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₹2.65 L/yr - ₹8.5 L/yr
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₹2.9 L/yr - ₹3.15 L/yr
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₹1.9 L/yr - ₹3.65 L/yr
Deputy Manager Salary
(941 salaries)
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₹2 L/yr - ₹5.69 L/yr
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₹1.25 L/yr - ₹2.25 L/yr
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₹1.8 L/yr - ₹3.2 L/yr
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₹1.25 L/yr - ₹3.15 L/yr
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₹1.2 L/yr - ₹4 L/yr
Accountant Salary
(4 salaries)
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₹1.44 L/yr - ₹5.15 L/yr

Top skills at Kotak Mahindara Life Insurance for Administration Manager

Oracle Contract Labour alcatel Electrical Works

Salary related reviews for Kotak Mahindara Life Insurance

3.6

Rated by 3 employees for salary & benefits

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

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

BFSI, Investments & Trading Department

4.0
  •  posted on 16 Jun 2020

2.0
 for  Salary and Benefits

Likes

...fe.Team mates are supportive. This is the second appraisal but mine is not done. Till now no salary hike which demotivate employee .work culture is good.

read more
  • Skill development - Good
    +1 more

Dislikes

Politics.low or no salary hike. Appraise are not done fairly. No defined timing to work.

read more
  • Salary - Poor
    +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

  • Company culture - Good

Dislikes

... 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
  • Salary - Bad
    +2 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 18 Nov 2024

1.0
 for  Salary and Benefits

Likes

work life balance and the culture of the organization

  • Job security - Good
    +2 more

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.

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  • Salary - Bad
    +1 more
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Kotak Mahindara Life Insurance Administration Manager Salary FAQs

What is the salary of Administration Manager at Kotak Mahindara Life Insurance in Administration & Facilities department?
Administration Manager salary at Kotak Mahindara Life Insurance in Administration & Facilities department in India ranges between ₹2.2 Lakhs to ₹4.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 62% less than the average Administration Manager Salary in India. Salary estimates are based on 17 latest salaries received from various employees of Kotak Mahindara Life Insurance India in Administration & Facilities department.
How does the salary of a Administration Manager at Kotak Mahindara Life Insurance India in Administration & Facilities department compare with the average salary range for this job?
The average salary of a Administration Manager at Kotak Mahindara Life Insurance in Administration & Facilities department is 62% less than the average salary of a Administration Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Administration Manager at Kotak Mahindara Life Insurance?
Oracle, Contract Labour, alcatel and Electrical Works are some of the popular skills required to work as a Administration Manager at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Administration Manager in Administration & Facilities department in India?
  • Bajaj Allianz Life Insurance Administration Manager Salary - ₹15.3 Lakhs to ₹19.6 Lakhs per year
  • Aditya Birla Sun Life Insurance Administration Manager Salary - ₹5.5 Lakhs to ₹13.0 Lakhs per year
  • SBI Life Insurance Company Administration Manager Salary - ₹8.2 Lakhs to ₹12.1 Lakhs per year
  • HDFC Ergo General Insurance Administration Manager Salary - ₹5.5 Lakhs to ₹13.6 Lakhs per year
  • ICICI Lombard General Insurance Company Administration Manager Salary - ₹4.0 Lakhs to ₹9.4 Lakhs per year
What is the salary of a Administration Manager in Administration & Facilities department in companies similar to Kotak Mahindara Life Insurance in India?
  • Care Health Insurance Administration Manager Salary - ₹3.2 Lakhs to ₹9.0 Lakhs per year
  • Star Health & Allied Insurance Administration Manager Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
  • SBI General Insurance Administration Manager Salary - ₹5.3 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Administration Manager in Administration & Facilities department at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Administration Manager in Administration & Facilities department at Kotak Mahindara Life Insurance ranges between ₹22,169 per month to ₹23,651 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Administration Manager salary in India which ranges between ₹2.2 Lakhs to ₹4.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Administration Manager in Administration & Facilities department at Kotak Mahindara Life Insurance?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Administration Managers in Administration & Facilities department reported a notice period of 3 Months.This is based on 14 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Administration Manager salary in Administration & Facilities department in India ranges between ₹2.2 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.