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3.8

based on 2.8k Reviews

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Kotak Mahindara Life Insurance Assistant Manager salaries in Kolkata

Annual salary range
0 - 7 years exp.
₹2 Lakhs - ₹3.9 Lakhs
Salary of majority employees
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56% less than the average Assistant Manager Salary in Insurance Companies for 0 - 7 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Customer Success, Service & Operations
Assistant Manager Salary
0 - 7 years exp. (12 salaries)
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₹2 L/yr - ₹3.9 L/yr

BFSI, Investments & Trading
Assistant Manager Salary
3 - 6 years exp. (7 salaries)
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₹2.3 L/yr - ₹3.6 L/yr

Finance & Accounting
Assistant Manager Salary
1 - 5 years exp. (3 salaries)
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₹3 L/yr - ₹3.7 L/yr

Sales & Business Development
Assistant Manager Salary
2 - 4 years exp. (3 salaries)
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₹3.3 L/yr - ₹3.7 L/yr

Human Resources
Assistant Manager Salary
1 - 4 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.5 L/yr

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Last Updated: 3 Jan 2025

Companies similar to Kotak Mahindara Life Insurance for Assistant Manager in Kolkata

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Kotak Mahindara Life Insurance Assistant Manager Salary

0 - 7 years exp. (33 salaries)

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₹2 L/yr - ₹3.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Assistant Manager Salary

1 - 9 years exp. (11 salaries)

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₹3 L/yr - ₹5.6 L/yr

arrow icon 36% more
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₹4 L/yr - ₹11 L/yr

arrow icon 116% more
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Max Life Insurance Assistant Manager Salary

0 - 10 years exp. (63 salaries)

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₹2.4 L/yr - ₹6 L/yr

arrow icon 18% more
13 job openings
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₹3.4 L/yr - ₹8.5 L/yr

arrow icon 132% more
54 job openings
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₹2.3 L/yr - ₹4.1 L/yr

arrow icon 8% more
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₹3.1 L/yr - ₹5 L/yr

arrow icon 21% more
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PNB MetLife Assistant Manager Salary

3 - 8 years exp. (4 salaries)

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₹2.3 L/yr - ₹5.5 L/yr

arrow icon 18% more
3 job openings
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SBI General Insurance Assistant Manager Salary

0 - 10 years exp. (19 salaries)

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₹3.2 L/yr - ₹8 L/yr

arrow icon 23% more
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₹3 L/yr - ₹6.5 L/yr

arrow icon 37% more
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₹2.4 L/yr - ₹3.9 L/yr

At par
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₹9 L/yr - ₹18 L/yr

arrow icon 330% more
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₹10.1 L/yr - ₹14.1 L/yr

arrow icon 258% more
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₹10 L/yr - ₹16 L/yr

arrow icon 331% more
Assistant Manager salary at Kotak Mahindara Life Insurance ranges between ₹2 Lakhs to ₹3.9 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 33 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Assistant Manager in Kolkata

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Experience wise Kotak Mahindara Life Insurance Assistant Manager salaries in Kolkata

Last Updated: 3 Jan 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹2.3 L/yr - ₹6 L/yr
1 year  (4 salaries)

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₹2 L/yr - ₹3.5 L/yr
2 years  (5 salaries)

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₹2 L/yr - ₹3.6 L/yr
3 years  (7 salaries)

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₹2.3 L/yr - ₹3.9 L/yr
4 years  (4 salaries)

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₹3 L/yr - ₹3.6 L/yr
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Kotak Mahindara Life Insurance Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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0 - 7 years exp.

Chief Manager

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0 - 17 years exp.

Assistant Manager 0 - 7 years exp.
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Deputy Manager 0 - 9 years exp.
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arrow icon 10% hike
Manager 0 - 12 years exp.
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arrow icon 34% hike

View more

From

3 more levels

To

Assistant Manager

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0 - 7 years exp.

Branch Manager

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3 - 18 years exp.

Similar Designation salaries in Kotak Mahindara Life Insurance

Sales Manager Salary
(43 salaries)
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₹2.4 L/yr - ₹5 L/yr
Deputy Manager Salary
(43 salaries)
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₹2.3 L/yr - ₹4.79 L/yr
Branch Manager Salary
(17 salaries)
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₹5 L/yr - ₹12.81 L/yr
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₹2.2 L/yr - ₹3.99 L/yr
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₹2.65 L/yr - ₹5.41 L/yr
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₹5.5 L/yr - ₹8.5 L/yr

Top skills at Kotak Mahindara Life Insurance for Assistant Manager

Branch Operations Operations Back Office Back End Processing Back Office Operations

Salary related reviews for Kotak Mahindara Life Insurance

3.6

Rated by 4 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 25 Jan 2025

2.0
 for  Salary and Benefits

Likes

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

  • Job security - Excellent
  • +1 more

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.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 21 Nov 2024

2.0
 for  Salary and Benefits

Likes

It's normal decent job where we are getting only salary.

Dislikes

There are so many things which dislike we don't get much than salary like diwali gift or any other programs also not done by company and there are allot of pressure on sales which we work on operation so had bad experience in operations in KOTAK

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 18 Jun 2023

2.0
 for  Salary and Benefits

Likes

Job security is what i like in kotak life

  • Job security - Excellent

Dislikes

... no then your promotion will be done otherwise forget about your promotion. 3. Cost cutting 4. Hiring process is too slow 5. Everyone is ready to take credit of their junior’s

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Administration & Facilities Department

3.0
  •  posted on 06 Dec 2021

2.0
 for  Salary and Benefits

Likes

Top management is not good. Work culture is good. Appraisal are not fare. They are not giving proper salary hike and bonus. Bonus is totally depend on senior management not on performance.

read more
  • Skill development - Good
  • +1 more

Dislikes

There is so much politics. Salary is not good and there is no career growth.

read more
  • Salary - Poor
  • +3 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
see more salary related reviews

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Kotak Mahindara Life Insurance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Kotak Mahindara Life Insurance Kolkata?
Assistant Manager salary at Kotak Mahindara Life Insurance in Kolkata ranges between ₹2.0 Lakhs to ₹3.9 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 56% less than the average Assistant Manager Salary in India. Salary estimates are based on 33 latest salaries received from various employees of Kotak Mahindara Life Insurance Kolkata.
How does the salary of a Assistant Manager at Kotak Mahindara Life Insurance Kolkata compare with the average salary range for this job?
The average salary of a Assistant Manager at Kotak Mahindara Life Insurance is 56% less than the average salary of a Assistant Manager in Kolkata. To know exact salary insights, login to view.
What are the top skills required to work as a Assistant Manager at Kotak Mahindara Life Insurance?
Branch Operations, Operations, Back Office, Back End Processing and Back Office Operations are some of the popular skills required to work as a Assistant Manager at Kotak Mahindara Life Insurance Kolkata.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Assistant Manager in Kolkata?
  • The New India Assurance Co. Assistant Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
  • United India Insurance Company Assistant Manager Salary - ₹9.0 Lakhs to ₹18.0 Lakhs per year
  • The Oriental Insurance Co. Assistant Manager Salary - ₹10.1 Lakhs to ₹14.1 Lakhs per year
  • Tata AIA Life Insurance Assistant Manager Salary - ₹3.4 Lakhs to ₹8.5 Lakhs per year
  • SBI Life Insurance Company Assistant Manager Salary - ₹4.0 Lakhs to ₹11.0 Lakhs per year
What is the salary of a Assistant Manager in companies similar to Kotak Mahindara Life Insurance in Kolkata?
  • HDFC Ergo General Insurance Assistant Manager Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
  • HDFC Life Assistant Manager Salary - ₹3.0 Lakhs to ₹5.6 Lakhs per year
  • SBI General Insurance Assistant Manager Salary - ₹3.2 Lakhs to ₹8.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Assistant Manager Salary - ₹3.1 Lakhs to ₹5.0 Lakhs per year
  • PNB MetLife Assistant Manager Salary - ₹2.3 Lakhs to ₹5.5 Lakhs per year
What is the estimated take home salary of a Assistant Manager at Kotak Mahindara Life Insurance in Kolkata?
The estimated take-home salary of a Assistant Manager at Kotak Mahindara Life Insurance ranges between ₹25,503 per month to ₹26,935 per month in Kolkata. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Assistant Manager salary in India which ranges between ₹2.0 Lakhs to ₹3.9 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?
What is the notice period for Assistant Manager at Kotak Mahindara Life Insurance in Kolkata?
According to AmbitionBox, 35% of the Kotak Mahindara Life Insurance Assistant Managers in Kolkata reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Assistant Manager salary in Kolkata ranges between ₹2 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 33 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.