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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Claims Manager salaries in Mumbai

Annual salary range
6 - 8 years exp.
₹7.7 Lakhs - ₹8.9 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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32% more than the average Claims Manager Salary in Insurance Companies for 6 - 8 years of experience

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Last Updated: 12 Apr 2024

Companies similar to Kotak Mahindara Life Insurance for Claims Manager in Mumbai

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Kotak Mahindara Life Insurance Claims Manager Salary

6 - 8 years exp. (3 salaries)

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₹7.7 L/yr - ₹8.9 L/yr

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SBI General Insurance Claims Manager Salary

9 - 13 years exp. (3 salaries)

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₹5.4 L/yr - ₹11 L/yr

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1 job opening
Claims Manager salary at Kotak Mahindara Life Insurance ranges between ₹7.7 Lakhs to ₹8.9 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Claims Manager in Mumbai

9mo ago
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6 years exp.
1y ago
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8 years exp.
1y ago
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7 years exp.

Experience wise Kotak Mahindara Life Insurance Claims Manager salaries in Mumbai

Last Updated: 12 Apr 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.9 L/yr
7 years (AmbitionBox Estimate)

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₹8 L/yr - ₹10.2 L/yr
8 years (AmbitionBox Estimate)

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₹8 L/yr - ₹10.2 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Deputy Manager Salary
(407 salaries)
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₹2 L/yr - ₹5.69 L/yr
Chief Manager Salary
(244 salaries)
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₹5.5 L/yr - ₹19 L/yr
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₹2.4 L/yr - ₹4.5 L/yr
Team Lead Salary
(7 salaries)
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₹2.4 L/yr - ₹6 L/yr
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₹1.4 L/yr - ₹3.3 L/yr
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₹2.5 L/yr - ₹3.84 L/yr

Top skills at Kotak Mahindara Life Insurance for Claims Manager

Claims Claims Processing Claims Management MIS Reporting Regulatory Reporting IRDA Insurance Claims

Salary related reviews for Kotak Mahindara Life Insurance

2.9

Rated by 2 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

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

 · 

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

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.

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

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.

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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..

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Dislikes

I like nothing about them.. I m with my word..

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Kotak Mahindara Life Insurance Claims Manager Salary FAQs

What is the notice period for Claims Manager at Kotak Mahindara Life Insurance in Mumbai?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Claims Managers in Mumbai reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Claims Manager salary in Mumbai ranges between ₹7.7 Lakhs to ₹8.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.