Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Kotak Mahindara Life Insurance Team. If you also belong to the team, you can get access from here
3.8

based on 2.6k Reviews

filter salariesFilter salaries by

Kotak Mahindara Life Insurance Assistant Manager salaries in New Delhi

Annual salary range
0 - 6 years exp.
₹2.3 Lakhs - ₹4.6 Lakhs
Salary of majority employees
unlock blur
unlock blur

54% 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. (12 salaries)
unlock-blur

₹3 L/yr - ₹4.5 L/yr

BFSI, Investments & Trading
Assistant Manager Salary
0 - 5 years exp. (10 salaries)
unlock-blur

₹3 L/yr - ₹4 L/yr

Administration & Facilities
Assistant Manager Salary
2 - 4 years exp. (5 salaries)
unlock-blur

₹2.6 L/yr - ₹4 L/yr

Finance & Accounting
Assistant Manager Salary
0 - 4 years exp. (4 salaries)
unlock-blur

₹3.3 L/yr - ₹4.1 L/yr

Human Resources
Assistant Manager Salary
4 years exp. (AmbitionBox Estimate)
unlock-blur

₹2.3 L/yr - ₹3.9 L/yr

View all

Last Updated: 24 Nov 2024

Companies similar to Kotak Mahindara Life Insurance for Assistant Manager in New Delhi

Logo
Kotak Mahindara Life Insurance Assistant Manager Salary

0 - 6 years exp. (40 salaries)

unlock blur

₹2.3 L/yr - ₹4.6 L/yr

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

1 - 9 years exp. (26 salaries)

unlock blur

₹2.4 L/yr - ₹6.5 L/yr

arrow icon 27% more
unlock blur

₹3 L/yr - ₹7 L/yr

arrow icon 39% more
unlock blur

₹3.5 L/yr - ₹10.5 L/yr

arrow icon 99% more
Logo
Max Life Insurance Assistant Manager Salary

0 - 10 years exp. (191 salaries)

unlock blur

₹2.2 L/yr - ₹7 L/yr

arrow icon 17% more
18 job openings
unlock blur

₹3.7 L/yr - ₹9.8 L/yr

arrow icon 86% more
Logo
unlock blur

₹3.8 L/yr - ₹10.5 L/yr

arrow icon 112% more
35 job openings
unlock blur

₹2.8 L/yr - ₹5.2 L/yr

arrow icon 1% less
unlock blur

₹2.5 L/yr - ₹5.7 L/yr

arrow icon 8% more
Logo
PNB MetLife Assistant Manager Salary

2 - 11 years exp. (23 salaries)

unlock blur

₹2.6 L/yr - ₹6 L/yr

arrow icon 12% more
unlock blur

₹2.5 L/yr - ₹7.1 L/yr

arrow icon 31% more
View all
Assistant Manager salary at Kotak Mahindara Life Insurance ranges between ₹2.3 Lakhs to ₹4.6 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 40 latest salaries received from various employees of Kotak Mahindara Life Insurance.

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

3w ago
avg blur mobile
3 years exp.
1mo ago
avg blur mobile
4 years exp.
1mo ago
avg blur mobile
5 years exp.
2mo ago
avg blur mobile
4 years exp.
3mo ago
avg blur mobile
1 month exp.
3mo ago
avg blur mobile
3 years exp.
3mo ago
avg blur mobile
3 years exp.
6mo ago
avg blur mobile
7 months exp.
6mo ago
avg blur mobile
6 months exp.
6mo ago
avg blur mobile
1 month exp.

Experience wise Kotak Mahindara Life Insurance Assistant Manager salaries in New Delhi

Last Updated: 24 Nov 2024

Experience Avg Annual Salary
Fresher  (4 salaries)

unlock blur

₹3.5 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)

unlock blur

₹3 L/yr - ₹6.6 L/yr
2 years  (8 salaries)

unlock blur

₹3 L/yr - ₹4.6 L/yr
3 years  (11 salaries)

unlock blur

₹2.5 L/yr - ₹4 L/yr
4 years  (11 salaries)

unlock blur

₹2.3 L/yr - ₹4.1 L/yr
View all
Kotak Mahindara Life Insurance Assistant Manager Salary and Career Growth

From

To

Assistant Manager

unlock blur Lakhs/yr

0 - 6 years exp.

Chief Manager

unlock blur Lakhs/yr

0 - 17 years exp.

Assistant Manager 0 - 6 years exp.
unlock blur
Deputy Manager 0 - 9 years exp.
unlock blur
arrow icon 11% hike
Manager 0 - 12 years exp.
unlock blur
arrow icon 32% hike

View more

From

3 more levels

To

Assistant Manager

unlock blur

0 - 6 years exp.

Branch Manager

unlock blur

3 - 18 years exp.

Similar Designation salaries in Kotak Mahindara Life Insurance

Sales Manager Salary
(135 salaries)
unlock blur
₹2.5 L/yr - ₹6 L/yr
Deputy Manager Salary
(48 salaries)
unlock blur
₹3.2 L/yr - ₹5.52 L/yr
unlock blur
₹2 L/yr - ₹5 L/yr
Branch Manager Salary
(18 salaries)
unlock blur
₹7.5 L/yr - ₹11.5 L/yr
unlock blur
₹5.2 L/yr - ₹8.04 L/yr
unlock blur
₹4 L/yr - ₹5.88 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

4.9

Rated by 5 employees for salary & benefits

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

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

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

Dislikes

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

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

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

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 17 Feb 2023

1.0
 for  Salary and Benefits

Likes

... here 2yrs and they continue lied to me and us.. They have comission based job.. they will never give you any kind of salary..

read more

Dislikes

I like nothing about them.. I m with my word..

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
see more salary related reviews

Discover interview dos and don'ts from real experiences

Kotak Mahindara Life Insurance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Kotak Mahindara Life Insurance New Delhi?
Assistant Manager salary at Kotak Mahindara Life Insurance in New Delhi ranges between ₹2.3 Lakhs to ₹4.6 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 54% less than the average Assistant Manager Salary in India. Salary estimates are based on 40 latest salaries received from various employees of Kotak Mahindara Life Insurance New Delhi.
How does the salary of a Assistant Manager at Kotak Mahindara Life Insurance New Delhi compare with the average salary range for this job?
The average salary of a Assistant Manager at Kotak Mahindara Life Insurance is 54% less than the average salary of a Assistant Manager in New Delhi. 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 New Delhi.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Assistant Manager in New Delhi?
  • United India Insurance Company Assistant Manager Salary - ₹10.0 Lakhs to ₹22.0 Lakhs per year
  • The New India Assurance Co. Assistant Manager Salary - ₹10.0 Lakhs to ₹18.0 Lakhs per year
  • AXA Assistant Manager Salary - ₹12.9 Lakhs to ₹16.0 Lakhs per year
  • The Oriental Insurance Co. Assistant Manager Salary - ₹10.9 Lakhs to ₹15.0 Lakhs per year
  • AIG Assistant Manager Salary - ₹6.5 Lakhs to ₹18.0 Lakhs per year
What is the salary of a Assistant Manager in companies similar to Kotak Mahindara Life Insurance in New Delhi?
  • XL Catlin Assistant Manager Salary - ₹6.5 Lakhs to ₹16.0 Lakhs per year
  • Maruti Insurance Broking Assistant Manager Salary - ₹7.0 Lakhs to ₹10.5 Lakhs per year
  • Tata AIA Life Insurance Assistant Manager Salary - ₹3.8 Lakhs to ₹10.5 Lakhs per year
  • SBI Life Insurance Company Assistant Manager Salary - ₹3.5 Lakhs to ₹10.5 Lakhs per year
  • Bajaj Allianz Life Insurance Assistant Manager Salary - ₹3.7 Lakhs to ₹9.8 Lakhs per year
What is the estimated take home salary of a Assistant Manager at Kotak Mahindara Life Insurance in New Delhi?
The estimated take-home salary of a Assistant Manager at Kotak Mahindara Life Insurance ranges between ₹27,930 per month to ₹29,325 per month in New Delhi. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Assistant Manager salary in India which ranges between ₹2.3 Lakhs to ₹4.6 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Assistant Manager at Kotak Mahindara Life Insurance in New Delhi?
According to AmbitionBox, 42% of the Kotak Mahindara Life Insurance Assistant Managers in New Delhi reported a notice period of 3 Months, 37% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Assistant Manager salary in New Delhi ranges between ₹2.3 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 40 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.