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Kotak Mahindara Life Insurance Chief Manager Operations salaries in India

Annual salary range
2 - 18 years exp.
₹8.7 Lakhs - ₹16 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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39% less than the average Chief Manager Operations Salary in Insurance Companies for 2 - 18 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Chief Manager Operations Salary
10 - 17 years exp. (5 salaries)
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₹8.7 L/yr - ₹13.5 L/yr

BFSI, Investments & Trading
Chief Manager Operations Salary
14 - 17 years exp. (AmbitionBox Estimate)
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₹10 L/yr - ₹16 L/yr

Engineering - Software & QA
Chief Manager Operations Salary
11 - 12 years exp. (AmbitionBox Estimate)
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₹10.5 L/yr - ₹11 L/yr

Finance & Accounting
Chief Manager Operations Salary
2 - 18 years exp. (AmbitionBox Estimate)
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₹9.9 L/yr - ₹11.1 L/yr

Last Updated: 15 May 2024

Companies similar to Kotak Mahindara Life Insurance for Chief Manager Operations

Company name Avg Annual Salary Open Jobs
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₹11 L/yr - ₹20.4 L/yr

arrow icon 41% more
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₹20 L/yr - ₹26 L/yr

arrow icon 111% more
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₹13.9 L/yr - ₹15 L/yr

arrow icon 36% more
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₹11.1 L/yr - ₹21 L/yr

arrow icon 46% more
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₹11.5 L/yr - ₹13.7 L/yr

arrow icon 19% more
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HDFC Life Chief Manager Operations Salary

11 - 21 years exp. (4 salaries)

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₹21 L/yr - ₹37 L/yr

arrow icon 196% more
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₹14 L/yr - ₹18 L/yr

arrow icon 43% more
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₹12.3 L/yr - ₹22.3 L/yr

arrow icon 58% more
Chief Manager Operations salary at Kotak Mahindara Life Insurance ranges between ₹8.7 Lakhs to ₹16 Lakhs per year for employees with experience between 2 years to 18 years. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Chief Manager Operations

8mo ago
₹11.1 Lakhs
18 years exp.
11mo ago
₹11 Lakhs
12 years exp.
1y ago
₹13.5 Lakhs
17 years exp.
1y ago
₹11 Lakhs
11 years exp.
1y ago
₹16 Lakhs
14 years exp.
1y ago
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17 years exp.
1y ago
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15 years exp.
1y ago
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14 years exp.
1y ago
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14 years exp.
1y ago
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10 years exp.

Experience wise Kotak Mahindara Life Insurance Chief Manager Operations salaries

Last Updated: 15 May 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 L/yr
3 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 L/yr
4 years (AmbitionBox Estimate)

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₹9.4 L/yr - ₹12 L/yr
5 years (AmbitionBox Estimate)

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₹9.4 L/yr - ₹12 L/yr
6 years (AmbitionBox Estimate)

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₹9.5 L/yr - ₹12.1 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Deputy Manager Salary
(762 salaries)
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₹2 L/yr - ₹5.74 L/yr
Chief Manager Salary
(468 salaries)
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₹5.14 L/yr - ₹18.5 L/yr
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₹6.5 L/yr - ₹27.69 L/yr
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₹2.7 L/yr - ₹6.33 L/yr
Managing Partner Salary
(124 salaries)
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₹2.5 L/yr - ₹6.6 L/yr
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₹3.6 L/yr - ₹6.5 L/yr
Agency Partner Salary
(81 salaries)
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₹1 L/yr - ₹7.95 L/yr
Life Advisor Salary
(75 salaries)
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₹1 L/yr - ₹6.1 L/yr
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₹2.5 L/yr - ₹5 L/yr
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₹3.2 L/yr - ₹4.53 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

3.0

Rated by 1 employees for salary & benefits

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
  • Job security - Excellent
  • +2 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
  • Salary - Poor
  • +1 more

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

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 14 May 2024

1.0
 for  Salary and Benefits

Likes

Job Security

Dislikes

Top Most Management in this company is worst; decision-making skills are very low Salary packages are very low for junior profiles but there work load is huge as compared with there senior profiles. Zero salary hikes and annual bonuses also depend on your boss; if he wants to give you 100,000, you will get it; if he wants to give you 10,000, that is your bonus. Huge package difference between senior boss and junior employees (ex., senior . Sr. boss package is above 30 Lacs but junior package is below 5 Lacs), Very little appreciation employees

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 04 Apr 2024

3.0
 for  Salary and Benefits

Likes

Work life balance is okay. Good place to work in. Maximum professionally qualified employees.

  • Job security - Good
  • +1 more

Dislikes

No Employee benefits. Salary lower than industry standards. No comp off. Politics (common in every organisation) No work from home.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 27 Jul 2023

5.0
 for  Salary and Benefits

Likes

HR support is very good.. Salary amd Incentive payout

  • Salary - Excellent
  • +2 more

Dislikes

Kotak is big brand to work but few of the Senior Managers made the work culture worst just for their benefits... They doesn't have feelings about the pain of employees.

read more
  • Work satisfaction - Bad
  • +1 more
see more salary related reviews

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Kotak Mahindara Life Insurance Chief Manager Operations Salary FAQs

What is the salary of Chief Manager Operations at Kotak Mahindara Life Insurance ?
The average salary of a Chief Manager Operations at Kotak Mahindara Life Insurance in India typically ranges from ₹8.7 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 2 years to 18 years).

The top 10% of Chief Manager Operations at Kotak Mahindara Life Insurance earn more than ₹14.5 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Chief Manager Operations 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 10+ Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Chief Manager Operations at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Chief Manager Operations at Kotak Mahindara Life Insurance in India typically ranges from ₹76,999 to ₹78,996 per month. This is based on the average salary range of ₹8.7 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 2 years to 18 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 10+ 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 Chief Manager Operations in India?
HDFC Life ₹21.0 Lakhs to ₹37.0 Lakhs per year
ICICI Prudential Life Insurance ₹20.0 Lakhs to ₹26.0 Lakhs per year
SBI Life Insurance Company ₹12.3 Lakhs to ₹22.3 Lakhs per year
Reliance Nippon Life Insurance ₹11.1 Lakhs to ₹21.0 Lakhs per year
HDFC Ergo General Insurance ₹14.0 Lakhs to ₹18.0 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 Chief Manager Operations in companies similar to Kotak Mahindara Life Insurance in India?
The salary of a Chief Manager Operations 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:

Axis Max Life Insurance ₹11.0 Lakhs to ₹20.4 Lakhs per year
ICICI Lombard General Insurance Company ₹13.9 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹11.5 Lakhs to ₹13.7 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 Chief Manager Operations at Kotak Mahindara Life Insurance in India?
The salary growth for a Chief Manager Operations at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a Chief Manager Operations can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
2 years ₹9.3 Lakhs to ₹11.9 Lakhs per year
3 years ₹9.3 Lakhs to ₹11.9 Lakhs per year
4 years ₹9.4 Lakhs to ₹12.0 Lakhs per year
5 years ₹9.4 Lakhs to ₹12.0 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Chief Manager Operations salary in India ranges between ₹8.7 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.