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Kotak Mahindara Life Insurance Claims Assessor salaries in India

Annual salary range
0 - 3 years exp.
₹1.6 Lakh - ₹3.9 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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42% less than the average Claims Assessor Salary in Insurance Companies for 0 - 3 years of experience

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Last Updated: 27 Jul 2023

Companies similar to Kotak Mahindara Life Insurance for Claims Assessor

Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹6.2 L/yr

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₹6 L/yr - ₹10 L/yr

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HDFC Life Claims Assessor Salary

3 - 7 years exp. (3 salaries)

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₹2.5 L/yr - ₹4.9 L/yr

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Teleperformance Claims Assessor Salary

2 - 6 years exp. (5 salaries)

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₹2.4 L/yr - ₹4.5 L/yr

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₹3.8 L/yr - ₹6.1 L/yr

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Claims Assessor salary at Kotak Mahindara Life Insurance ranges between ₹1.6 Lakh to ₹3.9 Lakhs per year for employees with less than 1 year of experience to 3 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 Claims Assessor

1y ago
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3 years exp.
1y ago
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1 year exp.

Experience wise Kotak Mahindara Life Insurance Claims Assessor salaries

Last Updated: 27 Jul 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.6 L/yr - ₹1.6 L/yr
1 year (AmbitionBox Estimate)

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₹1.6 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹3.9 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹3.85 L/yr - ₹5.17 L/yr
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Team Lead Salary
(34 salaries)
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₹1.2 L/yr - ₹6.95 L/yr
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₹2.8 L/yr - ₹3.51 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
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₹1.8 L/yr - ₹4 L/yr
Sales Executive Salary
(35 salaries)
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₹0.8 L/yr - ₹5 L/yr
Analyst Salary
(4 salaries)
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₹2.6 L/yr - ₹15.8 L/yr
Deputy Manager Salary
(762 salaries)
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₹2 L/yr - ₹5.69 L/yr
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₹2.65 L/yr - ₹9 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

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

Customer Success, Service & Operations Department

1.0
  •  posted on 23 May 2019

1.0
 for  Salary and Benefits

Likes

They are misleading youth.... They dont pay a single penny or salary until and unless candidate got promoted to the next level.. totally worst... Why someone works for them free of cost... Totally worst.....

read more

Dislikes

Nothing is good.... Totally bad. Don't give a salary rather forces candidates to do policies..

read more
  • Salary - Bad
  • +6 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
see more salary related reviews

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Kotak Mahindara Life Insurance Claims Assessor Salary FAQs

What is the salary of Claims Assessor at Kotak Mahindara Life Insurance ?
The average salary of a Claims Assessor at Kotak Mahindara Life Insurance in India typically ranges from ₹1.6 Lakhs to ₹3.9 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Claims Assessor at Kotak Mahindara Life Insurance earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹3.9 Lakhs per year. Claims Assessor 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 4 Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Claims Assessor at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Claims Assessor at Kotak Mahindara Life Insurance in India typically ranges from ₹16,545 to ₹18,246 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹3.9 Lakhs per year for employees with experience ranging from Fresher to 3 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 4 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 Claims Assessor in India?
ICICI Lombard General Insurance Company ₹6.0 Lakhs to ₹10.0 Lakhs per year
Royal Sundaram General Insurance ₹3.8 Lakhs to ₹6.1 Lakhs per year
ICICI Prudential Life Insurance ₹3.0 Lakhs to ₹6.2 Lakhs per year
HDFC Life ₹2.5 Lakhs to ₹4.9 Lakhs per year
Teleperformance ₹2.4 Lakhs to ₹4.5 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.
How the salary growth look like for a Claims Assessor at Kotak Mahindara Life Insurance in India?
The salary growth for a Claims Assessor at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a Claims Assessor can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
Fresher ₹1.6 Lakhs to ₹1.6 Lakhs per year
1 year ₹1.6 Lakhs to ₹3.0 Lakhs per year
2 years ₹1.1 Lakhs to ₹3.1 Lakhs per year
3 years ₹1.4 Lakhs to ₹3.9 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Claims Assessor salary in India ranges between ₹1.6 Lakh to ₹3.9 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.