Kotak Mahindara Life Insurance Customer Service Manager Salaries by 4 Employees (Updated 2025)

7 - 10 years exp.

₹5.8 Lakhs - ₹8.7 Lakhs

Low Confidence

Salary of majority employees

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25% more than the average Customer Service Manager Salary in Insurance Companies for 7 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations Customer Service Manager Salary 8 - 10 years exp. (3 salaries)	Unlock ₹6.2 L/yr - ₹8.7 L/yr
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BFSI, Investments & Trading Customer Service Manager Salary 7 years exp. (AmbitionBox Estimate)	Unlock ₹5.2 L/yr - ₹6.3 L/yr

Last Updated: 8 Apr 2024

Companies similar to Kotak Mahindara Life Insurance for Customer Service Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Customer Service Manager Salary 0 - 18 years exp. (17 salaries)	Unlock ₹3.5 L/yr - ₹9.9 L/yr 22% less
HDFC Life Customer Service Manager Salary 2 - 17 years exp. (7 salaries)	Unlock ₹3.5 L/yr - ₹8 L/yr 30% less
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Axis Max Life Insurance Customer Service Manager Salary 3 - 16 years exp. (15 salaries)	Unlock ₹3.2 L/yr - ₹7.3 L/yr 46% less
Bajaj Allianz Life Insurance Customer Service Manager Salary 0 - 3 years exp. (11 salaries)	Unlock ₹1.8 L/yr - ₹3 L/yr 65% less
Reliance Nippon Life Insurance Customer Service Manager Salary 9 - 16 years exp. (3 salaries)	Unlock ₹4.5 L/yr - ₹5 L/yr 34% less
Aditya Birla Sun Life Insurance Customer Service Manager Salary 2 - 14 years exp. (6 salaries)	Unlock ₹3.2 L/yr - ₹6 L/yr 37% less
Tata AIA Life Insurance Customer Service Manager Salary 6 - 17 years exp. (5 salaries)	Unlock ₹8.9 L/yr - ₹12 L/yr 26% more
ICICI Lombard General Insurance Company Customer Service Manager Salary 0 - 12 years exp. (581 salaries)	Unlock ₹1.8 L/yr - ₹9.5 L/yr 36% less	1 job opening
SBI General Insurance Customer Service Manager Salary 3 - 13 years exp. (9 salaries)	Unlock ₹3.6 L/yr - ₹5.8 L/yr 36% less
HDFC Ergo General Insurance Customer Service Manager Salary 2 - 10 years exp. (6 salaries)	Unlock ₹2.5 L/yr - ₹8 L/yr 43% less

Customer Service Manager salary at Kotak Mahindara Life Insurance ranges between ₹5.8 Lakhs to ₹8.7 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Customer Service Manager salaries

Last Updated: 8 Apr 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	Unlock ₹5.8 L/yr - ₹10.4 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹6.2 L/yr - ₹12.1 L/yr
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9 years (AmbitionBox Estimate)	Unlock ₹3.1 L/yr - ₹8.7 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹8.7 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Customer Service Officer Salary

(AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr

Customer Service Associate Salary

(3 salaries)

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₹2.8 L/yr - ₹4 L/yr

Customer Service Executive Salary

(AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr

Customer Relationship Manager Salary

(5 salaries)

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₹2 L/yr - ₹6.75 L/yr

Customer Service Representative Salary

(4 salaries)

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₹2.4 L/yr - ₹3.25 L/yr

Customer Care Executive Salary

(4 salaries)

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₹1.2 L/yr - ₹4 L/yr

Branch Manager Salary

(201 salaries)

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₹4.5 L/yr - ₹13.5 L/yr

Customer Support Executive Salary

(AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr

Relationship Manager Salary

(211 salaries)

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₹1.75 L/yr - ₹7 L/yr

Deputy Manager Salary

(947 salaries)

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₹2 L/yr - ₹6.25 L/yr

Top skills at Kotak Mahindara Life Insurance for Customer Service Manager

Operations Management Customer Service Data Annotation Salesforce Servicing Client Servicing Customer Service Management Back Office Operations Customer Support Branch Operations Business Process Management Operations Banking Operations Project Coordination Team Management

Salary related reviews for Kotak Mahindara Life Insurance

Sales Manager in Mumbai

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."

Salary - Bad

+2 more

Deputy Manager in Mumbai

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

Skill development - Poor

+4 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

Deputy Manager in Thane

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

Salary - Poor

+5 more

Deputy Manager in Mumbai

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.

Skill development - Good

+1 more

Dislikes

Politics.low or no salary hike. Appraise are not done fairly. No defined timing to work.

Salary - Poor

+1 more

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Kotak Mahindara Life Insurance Customer Service Manager Salary FAQs

What is the salary of Customer Service Manager at Kotak Mahindara Life Insurance?

Customer Service Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹5.8 Lakhs to ₹8.7 Lakhs for experience between 7 years to 10 years. According to our estimates it is 25% more than the average Customer Service Manager 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 Customer Service Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?

The average salary of a Customer Service Manager at Kotak Mahindara Life Insurance is 25% more than the average salary of a Customer Service Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Customer Service Manager at Kotak Mahindara Life Insurance?

Operations Management, Customer Service, Data Annotation, Salesforce and Servicing are some of the popular skills required to work as a Customer Service Manager at Kotak Mahindara Life Insurance India.

Which similar companies are paying more than Kotak Mahindara Life Insurance to a Customer Service Manager in India?

Tata AIA Life Insurance Customer Service Manager Salary - ₹8.9 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Customer Service Manager in companies similar to Kotak Mahindara Life Insurance in India?

ICICI Prudential Life Insurance Customer Service Manager Salary - ₹3.5 Lakhs to ₹9.9 Lakhs per year
HDFC Life Customer Service Manager Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year
Reliance Nippon Life Insurance Customer Service Manager Salary - ₹4.5 Lakhs to ₹5.0 Lakhs per year
ICICI Lombard General Insurance Company Customer Service Manager Salary - ₹1.8 Lakhs to ₹9.5 Lakhs per year
SBI General Insurance Customer Service Manager Salary - ₹3.6 Lakhs to ₹5.8 Lakhs per year

What is the estimated take home salary of a Customer Service Manager at Kotak Mahindara Life Insurance in India?

The estimated take-home salary of a Customer Service Manager at Kotak Mahindara Life Insurance ranges between ₹53,880 per month to ₹55,223 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Customer Service Manager salary in India which ranges between ₹5.8 Lakhs to ₹8.7 Lakhs per year for employees with experience between 7 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Customer Service Manager at Kotak Mahindara Life Insurance?

According to AmbitionBox, 50% of the Kotak Mahindara Life Insurance Customer Service Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Customer Service Manager Salaries

Kotak Mahindara Life Insurance Customer Service Manager salary in India ranges between ₹5.8 Lakhs to ₹8.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.