Kotak Mahindara Life Insurance Mumbai Branch Operation Executive Salaries by 9 Employees

0 - 4 years exp.

₹2 Lakhs - ₹4.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

31% more than the average Branch Operation Executive Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Operation Executive Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹4.2 L/yr
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Customer Success, Service & Operations Branch Operation Executive Salary 2 - 4 years exp. (3 salaries)	₹3.5 L/yr - ₹3.9 L/yr

Last Updated: 26 Jun 2024

Companies similar to Kotak Mahindara Life Insurance for Branch Operation Executive in Mumbai

Kotak Mahindara Life Insurance Branch Operation Executive Salary

0 - 4 years exp. (9 salaries)

₹2 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Nippon Life Insurance Branch Operation Executive Salary 2 - 8 years exp. (5 salaries)	₹2.1 L/yr - ₹3.4 L/yr 37% less
Aditya Birla Sun Life Insurance Branch Operation Executive Salary 3 - 8 years exp. (5 salaries)	₹2 L/yr - ₹5 L/yr 16% less
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Bajaj Allianz Life Insurance Branch Operation Executive Salary 4 - 6 years exp. (3 salaries)	₹2.5 L/yr - ₹3.9 L/yr 14% less
Nippon Life India Asset Management Branch Operation Executive Salary 2 - 6 years exp. (11 salaries)	₹1.9 L/yr - ₹3.1 L/yr 40% less
Edelweiss Life Insurance Branch Operation Executive Salary 1 - 6 years exp. (10 salaries)	₹2.7 L/yr - ₹3.5 L/yr 11% less

Branch Operation Executive salary at Kotak Mahindara Life Insurance ranges between ₹2 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Branch Operation Executive salaries in Mumbai

Last Updated: 26 Jun 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
3 years (4 salaries)	₹3.5 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Recruitment Development Manager Salary

(90 salaries)

₹3 L/yr - ₹5 L/yr

Deputy Vice President Salary

(67 salaries)

₹12.97 L/yr - ₹44 L/yr

Relationship Manager Salary

(26 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Branch Manager Salary

(18 salaries)

₹6 L/yr - ₹11 L/yr

Assistant Branch Manager Salary

(13 salaries)

₹5.8 L/yr - ₹7.05 L/yr

Assistant Vice President Sales Salary

(6 salaries)

₹8 L/yr - ₹17.5 L/yr

Key Relationship Manager Salary

(6 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Agency Manager Salary

(5 salaries)

₹2 L/yr - ₹7.44 L/yr

Cluster Manager Salary

(3 salaries)

₹7.31 L/yr - ₹12.5 L/yr

Top skills at Kotak Mahindara Life Insurance for Branch Operation Executive

Branch Operations Customer Service Operations Back Office Operations Back Office Life Insurance Excel Branch Operations Customer Handling Banking Cash Handling Policy Servicing Underwriting Sales Cross Selling

Salary related reviews for Kotak Mahindara Life Insurance

3.0

Rated by 1 employees for salary & benefits

Recruitment Development Manager in Kalyan / Dombivli

Full Time

Other Department

5.0

• posted on 27 Jun 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 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

Assistant Manager Branch Operations in Guwahati

Customer Success, Service & Operations Department

5.0

• posted on 29 Jul 2020

5.0

for Salary and Benefits

Likes

Kotak life as a company for me it is very supportive I am very satisfied with work culture also I found growth and opportunity in Future, Job security. I am always thankful to my exteem organization kotak life.

Salary - Excellent

+6 more

Dislikes

Nothing as such...but salary is decent in our department.

Recruitment Development Manager in Vadodara

Marketing & Communication Department

4.0

• posted on 10 Dec 2017

1.0

for Salary and Benefits

Likes

Training support is best. Knowledge update program good

Skill development - Excellent

Dislikes

...pior have to increase intelligence level. Man management skill want to improve. Need Good professional but with cheaper salary. Not justify with quality

Salary - Bad

+1 more

Recruitment Development Manager in Hisar

RECRUITMENT AND DEVELOPEMENT MANAGER Department

3.0

• posted on 27 Mar 2018

2.0

for Salary and Benefits

Likes

IN KOTAK LIFE TRAINING FOR MANAGERS IS VERY GOOD.

Skill development - Good

+1 more

Dislikes

SALARY PACKAGES ARE VERY LOW AND NO CAREER GROWTH BECAUSE THE CAREER EXPRESS TARGETS ARE MENTIONED WITH " * ". THERE IS NO PHONE BILL REMB. OR NO TRAVEL ALLOUNCE.

Salary - Poor

+1 more

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Kotak Mahindara Life Insurance Branch Operation Executive Salary FAQs

What is the salary of Branch Operation Executive at Kotak Mahindara Life Insurance in Mumbai?

The average salary of a Branch Operation Executive at Kotak Mahindara Life Insurance in Mumbai typically ranges from ₹2.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Branch Operation Executive in Mumbai at Kotak Mahindara Life Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Branch Operation Executive 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 9 Kotak Mahindara Life Insurance employees in India.

What is the estimated take home salary of a Branch Operation Executive at Kotak Mahindara Life Insurance in Mumbai?

The estimated take-home salary of a Branch Operation Executive at Kotak Mahindara Life Insurance in Mumbai typically ranges from ₹27,647 to ₹29,047 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from Fresher to 4 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 9 salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Operation Executive at Kotak Mahindara Life Insurance in Mumbai?

To be a Branch Operation Executive at Kotak Mahindara Life Insurance in Mumbai, the key skills required include:

- Branch Operations
- Customer Service
- Operations
- Back Office Operations
- Back Office

These skills are highly valued at Kotak Mahindara Life Insurance and are crucial for successful performance in a Software Engineering role.

What is the salary of a Branch Operation Executive in companies similar to Kotak Mahindara Life Insurance in Mumbai?

The salary of a Branch Operation Executive at companies similar to Kotak Mahindara Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Edelweiss Life Insurance	₹2.7 Lakhs to ₹3.5 Lakhs per year
Bajaj Allianz Life Insurance	₹2.5 Lakhs to ₹3.9 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.0 Lakhs to ₹5.0 Lakhs per year
Reliance Nippon Life Insurance	₹2.1 Lakhs to ₹3.4 Lakhs per year
Nippon Life India Asset Management	₹1.9 Lakhs to ₹3.1 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 Operation Executive at Kotak Mahindara Life Insurance in Mumbai?

The salary growth for a Branch Operation Executive at Kotak Mahindara Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Branch Operation Executive in Mumbai can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience	Average Salary Range
Fresher	₹3.1 Lakhs to ₹4.0 Lakhs per year
1 year	₹3.3 Lakhs to ₹4.2 Lakhs per year
2 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years	₹3.5 Lakhs to ₹4.2 Lakhs per year

and so on.

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Kotak Mahindara Life Insurance Branch Operation Executive Salaries in Mumbai

Kotak Mahindara Life Insurance Branch Operation Executive salary in Mumbai ranges between ₹2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.