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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Back Office Staff salaries in Chennai

Annual salary range
2 - 3 years exp.
₹1.3 Lakh - ₹1.6 Lakh
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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Last Updated: 28 Aug 2024

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Kotak Mahindara Life Insurance Back Office Staff Salary

2 - 3 years exp. (AmbitionBox Estimate)

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₹1.3 L/yr - ₹1.6 L/yr

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Back Office Staff salary at Kotak Mahindara Life Insurance ranges between ₹1.3 Lakh to ₹1.6 Lakh per year for employees with experience between 2 years to 3 years. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Similar Designation salaries in Kotak Mahindara Life Insurance

Deputy Manager Salary
(55 salaries)
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₹2.5 L/yr - ₹5.45 L/yr
Chief Manager Salary
(36 salaries)
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₹5.2 L/yr - ₹14 L/yr
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₹3.5 L/yr - ₹4.5 L/yr
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₹2.5 L/yr - ₹5.25 L/yr
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₹9 L/yr - ₹16.51 L/yr
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₹3.65 L/yr - ₹6 L/yr
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₹3.7 L/yr - ₹4.07 L/yr
Life Advisor Salary
(4 salaries)
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₹2 L/yr - ₹6.1 L/yr
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₹3.02 L/yr - ₹3.45 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

read more

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.

read more

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.

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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Kotak Mahindara Life Insurance Back Office Staff Salary FAQs

What is the notice period for Back Office Staff at Kotak Mahindara Life Insurance in Chennai?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Back Office Staffs in Chennai reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Back Office Staff salary in Chennai ranges between ₹1.3 Lakh to ₹1.6 Lakh. This is an estimate based on latest salaries received from employees of Kotak Mahindara Life Insurance.