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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Back Office Executive salaries in Mumbai Suburban

Annual salary range
1 - 2 years exp.
₹1.3 Lakh - ₹2.1 Lakhs
Salary of majority employees
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21% less than the average Back Office Executive Salary in Insurance Companies for 1 - 2 years of experience

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Salaries in different departments

Finance & Accounting
Back Office Executive Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.1 L/yr

BFSI, Investments & Trading
Back Office Executive Salary
1 year exp. (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.2 L/yr

Last Updated: 14 Mar 2023

Companies similar to Kotak Mahindara Life Insurance for Back Office Executive in Mumbai Suburban

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Kotak Mahindara Life Insurance Back Office Executive Salary

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1 job opening
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₹1.5 L/yr - ₹2.7 L/yr

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₹1.3 L/yr - ₹2 L/yr

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Back Office Executive salary at Kotak Mahindara Life Insurance ranges between ₹1.3 Lakh to ₹2.1 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

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

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1 year exp.
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Experience wise Kotak Mahindara Life Insurance Back Office Executive salaries in Mumbai Suburban

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2.1 L/yr
2 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹2.1 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Deputy Manager Salary
(23 salaries)
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₹2.8 L/yr - ₹5.5 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

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

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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.

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Dislikes

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

read more

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.

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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

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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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Kotak Mahindara Life Insurance Back Office Executive Salary FAQs

What is the salary of Back Office Executive at Kotak Mahindara Life Insurance Mumbai Suburban?
Back Office Executive salary at Kotak Mahindara Life Insurance in Mumbai Suburban ranges between ₹1.3 Lakhs to ₹2.1 Lakhs for experience between 1 years to 2 years. According to our estimates it is 21% less than the average Back Office Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance Mumbai Suburban.
How does the salary of a Back Office Executive at Kotak Mahindara Life Insurance Mumbai Suburban compare with the average salary range for this job?
The average salary of a Back Office Executive at Kotak Mahindara Life Insurance is 21% less than the average salary of a Back Office Executive in Mumbai Suburban. 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 Mumbai Suburban?
  • Powerweave Back Office Executive Salary - ₹2.0 Lakhs to ₹3.2 Lakhs per year
  • IndusInd Bank Back Office Executive Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year
  • Kotak Mahindra Bank Back Office Executive Salary - ₹1.5 Lakhs to ₹2.7 Lakhs per year
  • ICICI Prudential Life Insurance Back Office Executive Salary - ₹1.0 Lakhs to ₹2.5 Lakhs per year
What is the salary of a Back Office Executive in companies similar to Kotak Mahindara Life Insurance in Mumbai Suburban?
  • Prodata Management Services Back Office Executive Salary - ₹1.3 Lakhs to ₹2.0 Lakhs per year
What is the estimated take home salary of a Back Office Executive at Kotak Mahindara Life Insurance in Mumbai Suburban?
The estimated take-home salary of a Back Office Executive at Kotak Mahindara Life Insurance ranges between ₹13,341 per month to ₹14,765 per month in Mumbai Suburban. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Back Office Executive salary in India which ranges between ₹1.3 Lakhs to ₹2.1 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?

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Kotak Mahindara Life Insurance Back Office Executive salary in Mumbai Suburban ranges between ₹1.3 Lakh to ₹2.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.