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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Assistant Vice President salaries in Gurgaon / Gurugram

Annual salary range
12 - 15 years exp.
₹7 Lakhs - ₹16 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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47% less than the average Assistant Vice President Salary in Insurance Companies for 12 - 15 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Assistant Vice President Salary
13 years exp. (AmbitionBox Estimate)
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₹15 L/yr - ₹17.1 L/yr

Sales & Business Development
Assistant Vice President Salary
15 years exp. (AmbitionBox Estimate)
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₹11.8 L/yr - ₹16 L/yr

Last Updated: 15 Mar 2023

Companies similar to Kotak Mahindara Life Insurance for Assistant Vice President in Gurgaon / Gurugram

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Kotak Mahindara Life Insurance Assistant Vice President Salary

12 - 15 years exp. (3 salaries)

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₹7 L/yr - ₹16 L/yr

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Assistant Vice President salary at Kotak Mahindara Life Insurance ranges between ₹7 Lakhs to ₹16 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Assistant Vice President in Gurgaon / Gurugram

1y ago
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15 years exp.
1y ago
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13 years exp.
1y ago
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12 years exp.

Experience wise Kotak Mahindara Life Insurance Assistant Vice President salaries in Gurgaon / Gurugram

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹7 L/yr - ₹26.2 L/yr
13 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹15 L/yr
14 years (AmbitionBox Estimate)

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₹13.4 L/yr - ₹17.2 L/yr
15+ years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹16 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹3.62 L/yr - ₹3.7 L/yr

Top skills at Kotak Mahindara Life Insurance for Assistant Vice President

Commissioning Vendor Payments Client Coordination Beverage MIS Preparation CA Team Handling Management Information System General Insurance Risk Management Excel MIS Reporting Reconciliation Piping MIS Development

Salary related reviews for Kotak Mahindara Life Insurance

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

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

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."

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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

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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Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 01 May 2024

2.0
 for  Salary and Benefits

Likes

Nothing good to write about.

Dislikes

Can't even count the dislikes. 1. You are never sure that you will get your salary on time. HR can (by mistake) mistakes at time of salary credit. 2. Upper management lies alot. 3. You wont learn anything, if u have ideas of growth and benificial for the company (Forget It) 4. HR is just a word, the people of the department don't know what HR does for a change. 5. You will be promissed alot of things at time of joining, rest assured they are just a myth. This list can go on and on, i just don't wanna waste my time on them anymore.

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Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 18 Nov 2024

1.0
 for  Salary and Benefits

Likes

people friendly

Dislikes

no gifts or bonus in diwali, every small to small companies atleast gives something as a gift on diwali, working allowance on non working saturdays and extended hours are so less, its just 300 which is below par

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Kotak Mahindara Life Insurance Assistant Vice President salary in Gurgaon / Gurugram ranges between ₹7 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.