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Kotak Mahindara Life Insurance Assistant Manager Operations salaries in Bangalore / Bengaluru

Annual salary range
2 - 4 years exp.
₹2.8 Lakhs - ₹3.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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52% less than the average Assistant Manager Operations Salary in Insurance Companies for 2 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Operations Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.5 L/yr

Customer Success, Service & Operations
Assistant Manager Operations Salary
2 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.5 L/yr

Last Updated: 30 Apr 2024

Companies similar to Kotak Mahindara Life Insurance for Assistant Manager Operations in Bangalore / Bengaluru

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Kotak Mahindara Life Insurance Assistant Manager Operations Salary

2 - 4 years exp. (5 salaries)

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₹2.8 L/yr - ₹3.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Empower Assistant Manager Operations Salary

9 - 15 years exp. (6 salaries)

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₹11.5 L/yr - ₹14 L/yr

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₹3.4 L/yr - ₹4 L/yr

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₹3.3 L/yr - ₹3.6 L/yr

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₹4.4 L/yr - ₹4.8 L/yr

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₹6.3 L/yr - ₹7.8 L/yr

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Assistant Manager Operations salary at Kotak Mahindara Life Insurance ranges between ₹2.8 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Assistant Manager Operations in Bangalore / Bengaluru

11mo ago
₹3.5 Lakhs
2 years exp.

Experience wise Kotak Mahindara Life Insurance Assistant Manager Operations salaries in Bangalore / Bengaluru

Last Updated: 30 Apr 2024

Experience Avg Annual Salary
2 years  (4 salaries)

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

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₹3 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.9 L/yr
Kotak Mahindara Life Insurance Assistant Manager Operations Salary and Career Growth

From

To

Assistant Manager Operations

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1 - 6 years exp.

Deputy Manager Operations

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3 - 8 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindara Life Insurance

Deputy Manager Salary
(54 salaries)
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₹2.1 L/yr - ₹5.5 L/yr
Chief Manager Salary
(41 salaries)
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₹6 L/yr - ₹17 L/yr
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₹3.5 L/yr - ₹5.1 L/yr
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₹9 L/yr - ₹15.01 L/yr
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₹2.8 L/yr - ₹6 L/yr
Agency Partner Salary
(7 salaries)
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₹2 L/yr - ₹7.95 L/yr
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₹4.2 L/yr - ₹6 L/yr
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₹3.5 L/yr - ₹4.5 L/yr
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₹3.75 L/yr - ₹4.5 L/yr

Top skills at Kotak Mahindara Life Insurance for Assistant Manager Operations

Cross Selling Back Office Operations Policy Servicing New Business Customer Service Policy Issuance Branch Operations Telesales

Salary related reviews for Kotak Mahindara Life Insurance

3.0

Rated by 3 employees for salary & benefits

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

 · 

Sales & Business Development Department

1.0
  •  posted on 14 May 2024

1.0
 for  Salary and Benefits

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
  • Salary - Bad
  • +5 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
see more salary related reviews

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Kotak Mahindara Life Insurance Assistant Manager Operations Salary FAQs

What is the salary of Assistant Manager Operations at Kotak Mahindara Life Insurance in Bangalore / Bengaluru?
The average salary of a Assistant Manager Operations at Kotak Mahindara Life Insurance in Bangalore / Bengaluru typically ranges from ₹2.8 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Assistant Manager Operations in Bangalore / Bengaluru at Kotak Mahindara Life Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Assistant Manager Operations Salaries at Kotak Mahindara Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Assistant Manager Operations at Kotak Mahindara Life Insurance in Bangalore / Bengaluru?
The estimated take-home salary of a Assistant Manager Operations at Kotak Mahindara Life Insurance in Bangalore / Bengaluru typically ranges from ₹24,481 to ₹25,927 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 2 years to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Assistant Manager Operations at Kotak Mahindara Life Insurance in Bangalore / Bengaluru?
To be a Assistant Manager Operations at Kotak Mahindara Life Insurance in Bangalore / Bengaluru, the key skills required include:

  • - Cross Selling
  • - Back Office
  • - Operations
  • - Policy Servicing
  • - New Business

These skills are highly valued at Kotak Mahindara Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Kotak Mahindara Life Insurance for Assistant Manager Operations in India?
Empower ₹11.5 Lakhs to ₹14.0 Lakhs per year
SBI Life Insurance Company ₹6.3 Lakhs to ₹7.8 Lakhs per year
HDFC Ergo General Insurance ₹4.4 Lakhs to ₹4.8 Lakhs per year
Aditya Birla Sun Life Insurance ₹3.4 Lakhs to ₹4.0 Lakhs per year
Axis Max Life Insurance ₹3.3 Lakhs to ₹3.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindara Life Insurance, depending on the role and experience level.
How the salary growth look like for a Assistant Manager Operations at Kotak Mahindara Life Insurance in Bangalore / Bengaluru?
The salary growth for a Assistant Manager Operations at Kotak Mahindara Life Insurance in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Operations in Bangalore / Bengaluru can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
2 years ₹2.8 Lakhs to ₹3.5 Lakhs per year
3 years ₹3.0 Lakhs to ₹3.9 Lakhs per year
4 years ₹3.0 Lakhs to ₹3.9 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Assistant Manager Operations salary in Bangalore / Bengaluru ranges between ₹2.8 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.