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Kotak Mahindara Life Insurance Branch Administrator salaries in India

Annual salary range
4 - 7 years exp.
₹2.5 Lakhs - ₹3.2 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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7% less than the average Branch Administrator Salary in Insurance Companies for 4 - 7 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Kotak Mahindara Life Insurance for Branch Administrator

Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹3.5 L/yr

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₹1.8 L/yr - ₹3.5 L/yr

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₹1.5 L/yr - ₹2.4 L/yr

arrow icon 35% less
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₹1.8 L/yr - ₹2.2 L/yr

arrow icon 33% less
Logo
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₹4 L/yr - ₹5 L/yr

arrow icon 59% more
Branch Administrator salary at Kotak Mahindara Life Insurance ranges between ₹2.5 Lakhs to ₹3.2 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Branch Administrator

1y ago
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7 years exp.
1y ago
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4 years exp.
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5 years exp.
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6 years exp.

Experience wise Kotak Mahindara Life Insurance Branch Administrator salaries

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
7 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹1.8 L/yr - ₹3.2 L/yr
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₹1.25 L/yr - ₹2.25 L/yr
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₹0.5 L/yr - ₹2.2 L/yr
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₹1.25 L/yr - ₹3.15 L/yr
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₹1.1 L/yr - ₹2.25 L/yr
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₹1.2 L/yr - ₹4 L/yr
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₹1.5 L/yr - ₹3 L/yr
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₹2.15 L/yr - ₹4 L/yr
Accountant Salary
(4 salaries)
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₹1.44 L/yr - ₹5.15 L/yr
Supervisor Salary
(6 salaries)
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₹1.4 L/yr - ₹5 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

3.0

Rated by 1 employees for salary & benefits

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

read more
  • Skill development - Poor
  • +4 more

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
  • Salary - Poor
  • +5 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
  • Skill development - Good
  • +1 more

Dislikes

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

read more
  • Salary - Poor
  • +1 more

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."

read more
  • Salary - Bad
  • +2 more

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

  • Job security - Good
  • +2 more

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.

read more
  • Salary - Bad
  • +1 more
see more salary related reviews

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Kotak Mahindara Life Insurance Branch Administrator Salary FAQs

What is the salary of Branch Administrator at Kotak Mahindara Life Insurance ?
The average salary of a Branch Administrator at Kotak Mahindara Life Insurance in India typically ranges from ₹2.5 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Branch Administrator at Kotak Mahindara Life Insurance earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Branch Administrator Salaries at Kotak Mahindara Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Branch Administrator at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Branch Administrator at Kotak Mahindara Life Insurance in India typically ranges from ₹20,183 to ₹21,844 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 4 years to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Kotak Mahindara Life Insurance for Branch Administrator in India?
Biotech Vision Care ₹4.0 Lakhs to ₹5.0 Lakhs per year
SBI Life Insurance Company ₹3.0 Lakhs to ₹3.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindara Life Insurance, depending on the role and experience level.
What is the salary of a Branch Administrator in companies similar to Kotak Mahindara Life Insurance in India?
The salary of a Branch Administrator at companies similar to Kotak Mahindara Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance ₹1.8 Lakhs to ₹3.5 Lakhs per year
Chetana Publications ₹1.8 Lakhs to ₹2.2 Lakhs per year
Aaryans World School ₹1.5 Lakhs to ₹2.4 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Branch Administrator at Kotak Mahindara Life Insurance in India?
The salary growth for a Branch Administrator at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a Branch Administrator can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
4 years ₹2.9 Lakhs to ₹3.7 Lakhs per year
5 years ₹2.7 Lakhs to ₹3.4 Lakhs per year
6 years ₹2.4 Lakhs to ₹3.1 Lakhs per year
7 years ₹2.3 Lakhs to ₹2.9 Lakhs per year
and so on.

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Kotak Mahindara Life Insurance Branch Administrator salary in India ranges between ₹2.5 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.