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3.8

based on 2.6k Reviews

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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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34% 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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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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₹1 L/yr - ₹10 L/yr

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₹2 L/yr - ₹6.1 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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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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₹3.1 L/yr - ₹5.17 L/yr
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₹2.8 L/yr - ₹3.51 L/yr
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(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
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₹0.8 L/yr - ₹4.55 L/yr
Analyst Salary
(4 salaries)
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₹2.6 L/yr - ₹15.8 L/yr
Deputy Manager Salary
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₹2 L/yr - ₹5.69 L/yr
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₹2.65 L/yr - ₹8.5 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

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

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

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

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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 Claims Assessor Salary FAQs

What is the salary of Claims Assessor at Kotak Mahindara Life Insurance?
Claims Assessor salary at Kotak Mahindara Life Insurance in India ranges between ₹1.6 Lakhs to ₹3.9 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 34% less than the average Claims Assessor Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Claims Assessor at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Claims Assessor at Kotak Mahindara Life Insurance is 34% less than the average salary of a Claims Assessor in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Claims Assessor in India?
  • ICICI Lombard General Insurance Company Claims Assessor Salary - ₹1.0 Lakhs to ₹10.0 Lakhs per year
  • ICICI Prudential Life Insurance Claims Assessor Salary - ₹3.0 Lakhs to ₹6.2 Lakhs per year
  • Royal Sundaram General Insurance Claims Assessor Salary - ₹2.0 Lakhs to ₹6.1 Lakhs per year
  • HDFC Life Claims Assessor Salary - ₹2.5 Lakhs to ₹4.9 Lakhs per year
  • Teleperformance Claims Assessor Salary - ₹2.4 Lakhs to ₹4.5 Lakhs per year
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 ranges between ₹16,545 per month to ₹18,246 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Claims Assessor salary in India which ranges between ₹1.6 Lakhs to ₹3.9 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?
What is the notice period for Claims Assessor at Kotak Mahindara Life Insurance?
According to AmbitionBox, 67% of the Kotak Mahindara Life Insurance Claims Assessors reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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.