Kotak Mahindara Life Insurance Back Office Assistant Salaries by 4 Employees (Updated 2025)

4 - 15 years exp.

₹2.1 Lakhs - ₹3.7 Lakhs

Low Confidence

Salary of majority employees

28% more than the average Back Office Assistant Salary in Insurance Companies for 4 - 15 years of experience

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Salaries in different departments

Customer Success, Service & Operations Back Office Assistant Salary 12 - 15 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr
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BFSI, Investments & Trading Back Office Assistant Salary 4 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.1 L/yr

Last Updated: 1 Sep 2024

Companies similar to Kotak Mahindara Life Insurance for Back Office Assistant

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Back Office Assistant Salary 1 - 6 years exp. (6 salaries)	₹0.6 L/yr - ₹2.2 L/yr 54% less
HDFC Life Back Office Assistant Salary 1 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹4.4 L/yr 9% less
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SBI Life Insurance Company Back Office Assistant Salary 1 - 9 years exp. (4 salaries)	₹1.1 L/yr - ₹2.5 L/yr 28% less
Axis Max Life Insurance Back Office Assistant Salary 1 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹2.6 L/yr 24% less
Bajaj Allianz Life Insurance Back Office Assistant Salary 1 - 4 years exp. (5 salaries)	₹2.4 L/yr - ₹3 L/yr 8% less
Reliance Nippon Life Insurance Back Office Assistant Salary 2 - 6 years exp. (4 salaries)	₹1 L/yr - ₹3 L/yr 23% less
Aditya Birla Sun Life Insurance Back Office Assistant Salary 2 - 6 years exp. (5 salaries)	₹1 L/yr - ₹4 L/yr 5% less
Tata AIA Life Insurance Back Office Assistant Salary 3 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹3.1 L/yr 27% less
Life Insurance Corporation of India Back Office Assistant Salary 0 - 7 years exp. (15 salaries)	₹0.9 L/yr - ₹2.2 L/yr 53% less
Star Health & Allied Insurance Back Office Assistant Salary 3 - 7 years exp. (12 salaries)	₹1.2 L/yr - ₹5 L/yr 12% more
SBI General Insurance Back Office Assistant Salary 1 - 5 years exp. (7 salaries)	₹1.3 L/yr - ₹3.5 L/yr 20% less
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ICICI Lombard General Insurance Company Back Office Assistant Salary 0 - 4 years exp. (7 salaries)	₹2.4 L/yr - ₹3.2 L/yr 1% less
United India Insurance Company Back Office Assistant Salary 0 - 5 years exp. (4 salaries)	₹0.9 L/yr - ₹2.2 L/yr 47% less
Gallagher Back Office Assistant Salary 4 - 8 years exp. (3 salaries)	₹3.5 L/yr - ₹6.9 L/yr 65% more
The New India Assurance Co. Back Office Assistant Salary 5 - 6 years exp. (3 salaries)	₹1.2 L/yr - ₹1.5 L/yr 51% less

Back Office Assistant salary at Kotak Mahindara Life Insurance ranges between ₹2.1 Lakhs to ₹3.7 Lakhs per year for employees with experience between 4 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Back Office Assistant salaries

Last Updated: 1 Sep 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
9 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
10 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
11 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
12 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.3 L/yr
13 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
14 years (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
15+ years (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr

View all

Similar Designation salaries in Kotak Mahindara Life Insurance

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Back Office Staff Salary

(5 salaries)

₹1.2 L/yr - ₹2.3 L/yr

Back Office Executive Salary

(35 salaries)

₹1 L/yr - ₹3.6 L/yr

Senior Associate Salary

(4 salaries)

₹2.8 L/yr - ₹3.51 L/yr

Senior Officer Salary

(3 salaries)

₹2 L/yr - ₹6.5 L/yr

Process Associate Salary

(4 salaries)

₹1.8 L/yr - ₹4 L/yr

Customer Service Associate Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Data Entry Operator Salary

(7 salaries)

₹1.1 L/yr - ₹2.25 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Sales Executive Salary

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₹0.8 L/yr - ₹5 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

Deputy Manager in Mumbai

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

Skill development - Poor

+4 more

Relationship Manager in Kolkata

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..

Dislikes

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

Salary - Bad

+6 more

Deputy Manager in Thane

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

Salary - Poor

+5 more

Deputy Manager in Mumbai

BFSI, Investments & Trading Department

4.0

• posted on 16 Jun 2020

2.0

for Salary and Benefits

Likes

...fe.Team mates are supportive. This is the second appraisal but mine is not done. Till now no salary hike which demotivate employee .work culture is good.

Skill development - Good

+1 more

Dislikes

Politics.low or no salary hike. Appraise are not done fairly. No defined timing to work.

Salary - Poor

+1 more

Sales Manager in Mumbai

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."

Salary - Bad

+2 more

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Kotak Mahindara Life Insurance Back Office Assistant Salary FAQs

What is the salary of Back Office Assistant at Kotak Mahindara Life Insurance?

Back Office Assistant salary at Kotak Mahindara Life Insurance in India ranges between ₹2.1 Lakhs to ₹3.7 Lakhs for experience between 4 years to 15 years. According to our estimates it is 28% more than the average Back Office Assistant Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance India.

How does the salary of a Back Office Assistant at Kotak Mahindara Life Insurance India compare with the average salary range for this job?

The average salary of a Back Office Assistant at Kotak Mahindara Life Insurance is 28% more than the average salary of a Back Office Assistant in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindara Life Insurance to a Back Office Assistant in India?

Gallagher Back Office Assistant Salary - ₹3.5 Lakhs to ₹6.9 Lakhs per year
Star Health & Allied Insurance Back Office Assistant Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Back Office Assistant in companies similar to Kotak Mahindara Life Insurance in India?

ICICI Lombard General Insurance Company Back Office Assistant Salary - ₹2.4 Lakhs to ₹3.2 Lakhs per year
Aditya Birla Sun Life Insurance Back Office Assistant Salary - ₹1.0 Lakhs to ₹4.0 Lakhs per year
Bajaj Allianz Life Insurance Back Office Assistant Salary - ₹2.4 Lakhs to ₹3.0 Lakhs per year
HDFC Life Back Office Assistant Salary - ₹1.5 Lakhs to ₹4.4 Lakhs per year
SBI General Insurance Back Office Assistant Salary - ₹1.3 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Back Office Assistant at Kotak Mahindara Life Insurance in India?

The estimated take-home salary of a Back Office Assistant at Kotak Mahindara Life Insurance ranges between ₹20,017 per month to ₹21,680 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Back Office Assistant salary in India which ranges between ₹2.1 Lakhs to ₹3.7 Lakhs per year for employees with experience between 4 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Back Office Assistant at Kotak Mahindara Life Insurance?

According to AmbitionBox, 60% of the Kotak Mahindara Life Insurance Back Office Assistants reported a notice period of 1 Month, 40% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Back Office Assistant Salaries

Kotak Mahindara Life Insurance Back Office Assistant salary in India ranges between ₹2.1 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.