Kotak Mahindara Life Insurance Back Office Executive Salaries by 30+ Employees (Updated 2025)

0 - 8 years exp.

₹1 Lakh - ₹3.6 Lakhs

Salary of majority employees

8% less than the average Back Office Executive Salary in Insurance Companies for 0 - 8 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Back Office Executive Salary 1 - 8 years exp. (13 salaries)	₹1.1 L/yr - ₹3.3 L/yr
Customer Success, Service & Operations Back Office Executive Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
Login to view exact salary
Data Science & Analytics Back Office Executive Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.5 L/yr
Engineering - Software & QA Back Office Executive Salary Fresher (AmbitionBox Estimate)	₹1.2 L/yr - ₹2.1 L/yr
Finance & Accounting Back Office Executive Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr

View all

Last Updated: 5 Feb 2025

Companies similar to Kotak Mahindara Life Insurance for Back Office Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Back Office Executive Salary 1 - 8 years exp. (32 salaries)	₹1 L/yr - ₹3.1 L/yr 12% more
HDFC Life Back Office Executive Salary 1 - 5 years exp. (22 salaries)	₹1.5 L/yr - ₹4.5 L/yr 10% more
Login to view exact salary
SBI Life Insurance Company Back Office Executive Salary 2 - 11 years exp. (8 salaries)	₹1.5 L/yr - ₹4.6 L/yr 27% more
Max Life Insurance Back Office Executive Salary 0 - 5 years exp. (29 salaries)	₹1 L/yr - ₹4 L/yr 13% more
Bajaj Allianz Life Insurance Back Office Executive Salary 0 - 6 years exp. (20 salaries)	₹1 L/yr - ₹4 L/yr 14% more
Reliance Nippon Life Insurance Back Office Executive Salary 1 - 9 years exp. (19 salaries)	₹1.2 L/yr - ₹5 L/yr 19% more
Aditya Birla Sun Life Insurance Back Office Executive Salary 0 - 6 years exp. (14 salaries)	₹1.2 L/yr - ₹4 L/yr 23% more
Tata AIA Life Insurance Back Office Executive Salary 2 - 6 years exp. (33 salaries)	₹1.1 L/yr - ₹5.2 L/yr 21% more
PNB MetLife Back Office Executive Salary 1 - 6 years exp. (7 salaries)	₹1.4 L/yr - ₹4 L/yr 14% more
Life Insurance Corporation of India Back Office Executive Salary 0 - 5 years exp. (20 salaries)	₹0.6 L/yr - ₹4.5 L/yr 17% less
HDFC Ergo General Insurance Back Office Executive Salary 0 - 7 years exp. (155 salaries)	₹1.4 L/yr - ₹4.5 L/yr 35% more
Login to view exact salary
ICICI Lombard General Insurance Company Back Office Executive Salary 0 - 8 years exp. (107 salaries)	₹1.8 L/yr - ₹3.7 L/yr 13% more	22 job openings
Star Health & Allied Insurance Back Office Executive Salary 1 - 6 years exp. (44 salaries)	₹1.8 L/yr - ₹3.5 L/yr 12% more
Shriram Life Insurance Back Office Executive Salary 0 - 8 years exp. (18 salaries)	₹1.2 L/yr - ₹3.1 L/yr 8% more
SBI General Insurance Back Office Executive Salary 0 - 6 years exp. (16 salaries)	₹2 L/yr - ₹3.3 L/yr 24% more
Kotak Mahindra General Insurance Back Office Executive Salary 2 - 6 years exp. (4 salaries)	₹1.5 L/yr - ₹3.1 L/yr 2% more
Aditya Birla Insurance Brokers Back Office Executive Salary 1 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹2.3 L/yr 5% less

Back Office Executive salary at Kotak Mahindara Life Insurance ranges between ₹1 Lakh to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 35 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Back Office Executive salaries

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.2 L/yr
1 year (10 salaries)	₹1.1 L/yr - ₹3.2 L/yr
Login to view exact salary
2 years (7 salaries)	₹1.1 L/yr - ₹2.3 L/yr
3 years (5 salaries)	₹1 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹2.2 L/yr
5 years (5 salaries)	₹2 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹3.6 L/yr
7 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹3 L/yr

View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Back Office Staff Salary

(5 salaries)

₹1.2 L/yr - ₹2.3 L/yr

Sales Executive Salary

(35 salaries)

₹0.8 L/yr - ₹5 L/yr

MIS Executive Salary

(45 salaries)

₹1.45 L/yr - ₹5 L/yr

Operations Executive Salary

(21 salaries)

₹2.45 L/yr - ₹4.6 L/yr

Customer Care Executive Salary

(4 salaries)

₹1.2 L/yr - ₹4 L/yr

Customer Service Executive Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Office Assistant Salary

(16 salaries)

₹0.5 L/yr - ₹2.2 L/yr

Customer Support Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Data Entry Operator Salary

(7 salaries)

₹1.1 L/yr - ₹2.25 L/yr

Senior Officer Salary

(3 salaries)

₹2 L/yr - ₹6.5 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

4.0

Rated by 3 employees for salary & benefits

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

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.

Got a question about Kotak Mahindara Life Insurance?

Ask anonymously on communities.

Kotak Mahindara Life Insurance Back Office Executive Salary FAQs

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

Back Office Executive salary at Kotak Mahindara Life Insurance in India ranges between ₹1.0 Lakhs to ₹3.6 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 8% less than the average Back Office Executive Salary in India. Salary estimates are based on 35 latest salaries received from various employees of Kotak Mahindara Life Insurance India.

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

The average salary of a Back Office Executive at Kotak Mahindara Life Insurance is 8% less than the average salary of a Back Office Executive 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 Executive in India?

HDFC Ergo General Insurance Back Office Executive Salary - ₹1.4 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company Back Office Executive Salary - ₹1.5 Lakhs to ₹4.6 Lakhs per year
SBI General Insurance Back Office Executive Salary - ₹2.0 Lakhs to ₹3.3 Lakhs per year
Aditya Birla Sun Life Insurance Back Office Executive Salary - ₹1.2 Lakhs to ₹4.0 Lakhs per year
Tata AIA Life Insurance Back Office Executive Salary - ₹1.1 Lakhs to ₹5.2 Lakhs per year

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

Reliance Nippon Life Insurance Back Office Executive Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz Life Insurance Back Office Executive Salary - ₹1.0 Lakhs to ₹4.0 Lakhs per year
PNB MetLife Back Office Executive Salary - ₹1.4 Lakhs to ₹4.0 Lakhs per year
Max Life Insurance Back Office Executive Salary - ₹1.0 Lakhs to ₹4.0 Lakhs per year
ICICI Lombard General Insurance Company Back Office Executive Salary - ₹1.8 Lakhs to ₹3.7 Lakhs per year

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

The estimated take-home salary of a Back Office Executive at Kotak Mahindara Life Insurance ranges between ₹14,897 per month to ₹16,455 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Back Office Executive salary in India which ranges between ₹1.0 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 31% of the Kotak Mahindara Life Insurance Back Office Executives reported a notice period of 1 Month, 32% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Back Office Executive Salaries by Location

Home >
Salaries >
Kotak Mahindara Life Insurance Salaries >
Kotak Mahindara Life Insurance Back Office Executive Salaries

Kotak Mahindara Life Insurance Back Office Executive salary in India ranges between ₹1 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 35 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

Kotak Mahindara Life Insurance Back Office Executive salaries in India (Updated 2025)

Companies similar to Kotak Mahindara Life Insurance for Back Office Executive

Latest annual salaries shared by Kotak Mahindara Life Insurance Back Office Executive

Experience wise Kotak Mahindara Life Insurance Back Office Executive salaries

Similar Designation salaries in Kotak Mahindara Life Insurance

Salary related reviews for Kotak Mahindara Life Insurance

Deputy Manager in Mumbai

Relationship Manager in Kolkata

Deputy Manager in Thane

Deputy Manager in Mumbai

Sales Manager in Mumbai

Kotak Mahindara Life Insurance Back Office Executive Salary FAQs

Tell us how to improve this page.

Kotak Mahindara Life Insurance Back Office Executive Salaries by Location