Monthly In-hand Salary
56% less than the average Assistant Manager Salary in Insurance Companies for 0 - 6 years of experience
Interested in this particular role? 1 job opening
Salaries in different departments
Customer Success, Service & Operations
Assistant Manager Salary
0 - 6
years
exp.
(117
salaries)
|  ₹2.4 L/yr - ₹4.9 L/yr |
BFSI, Investments & Trading
Assistant Manager Salary
0 - 6
years
exp.
(102
salaries)
| ₹2.2 L/yr - ₹4.5 L/yr |
Login to view exact salary
| |
Finance & Accounting
Assistant Manager Salary
0 - 5
years
exp.
(28
salaries)
| ₹2 L/yr - ₹4.6 L/yr |
Sales & Business Development
Assistant Manager Salary
0 - 6
years
exp.
(17
salaries)
| ₹2.3 L/yr - ₹4.5 L/yr |
Administration & Facilities
Assistant Manager Salary
1 - 6
years
exp.
(15
salaries)
| ₹2.3 L/yr - ₹4.5 L/yr |
Companies similar to Kotak Mahindara Life Insurance for Assistant Manager in Mumbai
Kotak Mahindara Life Insurance
Assistant Manager Salary
0 - 6 years exp. (397 salaries) |  ₹2 L/yr - ₹4.9 L/yr |
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Tata AIA Life Insurance Assistant Manager Salary
2 - 17 years exp. (315 salaries) | ₹4.2 L/yr - ₹18 L/yr 
176%
more | 29 job openings |
 ICICI Prudential Life Insurance Assistant Manager Salary
1 - 13 years exp. (238 salaries) | ₹3 L/yr - ₹7 L/yr
47%
more | |
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| ||
 SBI Life Insurance Company Assistant Manager Salary
0 - 17 years exp. (199 salaries) | ₹4 L/yr - ₹11 L/yr
102%
more | |
 Aditya Birla Sun Life Insurance Assistant Manager Salary
0 - 8 years exp. (147 salaries) | ₹1.9 L/yr - ₹6.2 L/yr
24%
more | |
 Kotak Mahindra General Insurance Assistant Manager Salary
0 - 8 years exp. (135 salaries) | ₹1.3 L/yr - ₹4.8 L/yr 
4%
less | |
 HDFC Ergo General Insurance Assistant Manager Salary
1 - 13 years exp. (107 salaries) | ₹2.9 L/yr - ₹8.2 L/yr
35%
more | |
 HDFC Life Assistant Manager Salary
1 - 10 years exp. (89 salaries) | ₹1.7 L/yr - ₹7 L/yr
33%
more | |
 Reliance Nippon Life Insurance Assistant Manager Salary
1 - 15 years exp. (73 salaries) | ₹2.5 L/yr - ₹8 L/yr
23%
more | |
 Axis Max Life Insurance Assistant Manager Salary
0 - 10 years exp. (70 salaries) | ₹2.2 L/yr - ₹7.5 L/yr
15%
more | 21 job openings |
 Bajaj Allianz Life Insurance Assistant Manager Salary
2 - 14 years exp. (63 salaries) | ₹3 L/yr - ₹12 L/yr
107%
more | 1 job opening |
 Aditya Birla Insurance Brokers Assistant Manager Salary
2 - 9 years exp. (28 salaries) | ₹2.9 L/yr - ₹8.9 L/yr
60%
more | |
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| ||
 Star Health & Allied Insurance Assistant Manager Salary
4 - 12 years exp. (23 salaries) | ₹1 L/yr - ₹8 L/yr
37%
more | |
 ICICI Lombard General Insurance Company Assistant Manager Salary
3 - 13 years exp. (20 salaries) | ₹3.9 L/yr - ₹9.3 L/yr
62%
more | |
 The New India Assurance Co. Assistant Manager Salary
7 - 11 years exp. (8 salaries) | ₹11 L/yr - ₹18 L/yr
312%
more | |
 The Oriental Insurance Co. Assistant Manager Salary
3 - 9 years exp. (4 salaries) | ₹9 L/yr - ₹15.5 L/yr
262%
more | |
 United India Insurance Company Assistant Manager Salary
6 - 11 years exp. (4 salaries) | ₹11 L/yr - ₹19 L/yr
338%
more | |
 Gallagher Assistant Manager Salary
8 - 14 years exp. (3 salaries) | ₹10 L/yr - ₹20 L/yr
333%
more | |
Latest annual salaries shared by Kotak Mahindara Life Insurance Assistant Manager in Mumbai
Experience wise Kotak Mahindara Life Insurance Assistant Manager salaries in Mumbai
Last Updated: 4 Apr 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (27 salaries) |
₹2.5
L/yr
- ₹4
L/yr
|
| 1 year (52 salaries) |
₹2.4
L/yr
- ₹4.2
L/yr
|
Login to view exact salary
| |
| 2 years (85 salaries) |
₹2
L/yr
- ₹4.2
L/yr
|
| 3 years (71 salaries) |
₹2
L/yr
- ₹4.9
L/yr
|
| 4 years (94 salaries) |
₹2
L/yr
- ₹4.6
L/yr
|
From
To
Assistant Manager
Lakhs/yr
0 - 6 years exp.
Branch Manager
Lakhs/yr
3 - 18 years exp.
Assistant Manager
0 - 6 years exp.
Deputy Manager
0 - 9 years exp.
11% hike
Sales Manager
0 - 10 years exp.
10% hike
From
View 3 more levels
To
Assistant Manager
0 - 6 years exp.
Chief Manager
0 - 17 years exp.
Similar Designation salaries in Kotak Mahindara Life Insurance
Top skills at Kotak Mahindara Life Insurance for Assistant Manager
Salary related reviews for Kotak Mahindara Life Insurance
Discover interview dos and don'ts from real experiences
Top trending discussions
Kotak Mahindara Life Insurance Assistant Manager Salary FAQs
The top 10% of Assistant Manager in Mumbai at Kotak Mahindara Life Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Assistant Manager 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 300+ Kotak Mahindara Life Insurance employees in India.
- - Branch Operations
- - Operations
- - Back Office
- - Back End Processing
- - Back Office Operations
These skills are highly valued at Kotak Mahindara Life Insurance and are crucial for successful performance in a Software Engineering role.
| United India Insurance Company | ₹11.0 Lakhs to ₹19.0 Lakhs per year |
| Gallagher | ₹10.0 Lakhs to ₹20.0 Lakhs per year |
| The New India Assurance Co. | ₹11.0 Lakhs to ₹18.0 Lakhs per year |
| The Oriental Insurance Co. | ₹9.0 Lakhs to ₹15.5 Lakhs per year |
| Tata AIA Life Insurance | ₹4.2 Lakhs to ₹18.0 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.
| Bajaj Allianz Life Insurance | ₹3.0 Lakhs to ₹12.0 Lakhs per year |
| SBI Life Insurance Company | ₹4.0 Lakhs to ₹11.0 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹3.9 Lakhs to ₹9.3 Lakhs per year |
| Aditya Birla Insurance Brokers | ₹2.9 Lakhs to ₹8.9 Lakhs per year |
| ICICI Prudential Life Insurance | ₹3.0 Lakhs to ₹7.0 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹2.5 Lakhs to ₹4.0 Lakhs per year |
| 1 year | ₹2.4 Lakhs to ₹4.2 Lakhs per year |
| 2 years | ₹2.0 Lakhs to ₹4.2 Lakhs per year |
| 3 years | ₹2.0 Lakhs to ₹4.9 Lakhs per year |
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- Kotak Mahindara Life Insurance Assistant Manager Salaries in Mumbai
Kotak Mahindara Life Insurance Assistant Manager salary
in
Mumbai
ranges between ₹2
Lakhs to ₹4.9
Lakhs with an average annual salary of
₹. Salary estimates are based on
397
Kotak Mahindara Life Insurance latest salaries received from various employees of
Kotak Mahindara Life Insurance.