Kotak Mahindara Life Insurance Data Scientist Salaries by 3 Employees (Updated 2025)

4 - 6 years exp.

₹8.1 Lakhs - ₹10.4 Lakhs

Low Confidence

Salary of majority employees

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37% less than the average Data Scientist Salary in Insurance Companies for 4 - 6 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Kotak Mahindara Life Insurance for Data Scientist

Company name	Avg Annual Salary	Open Jobs
HDFC Life Data Scientist Salary 0 - 5 years exp. (23 salaries)	Unlock ₹6.2 L/yr - ₹16.2 L/yr 33% more
SBI Life Insurance Company Data Scientist Salary 1 - 5 years exp. (6 salaries)	Unlock ₹11 L/yr - ₹15 L/yr 53% more
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Max Life Insurance Data Scientist Salary 0 - 5 years exp. (8 salaries)	Unlock ₹9.5 L/yr - ₹17 L/yr 65% more
Bajaj Allianz Life Insurance Data Scientist Salary 0 - 4 years exp. (4 salaries)	Unlock ₹6.1 L/yr - ₹14 L/yr 27% more
Tata AIA Life Insurance Data Scientist Salary 1 - 5 years exp. (13 salaries)	Unlock ₹9 L/yr - ₹14 L/yr 22% more
PNB MetLife Data Scientist Salary 6 - 7 years exp. (5 salaries)	Unlock ₹16 L/yr - ₹35 L/yr 177% more
ICICI Lombard General Insurance Company Data Scientist Salary 0 - 5 years exp. (53 salaries)	Unlock ₹6 L/yr - ₹23.7 L/yr 55% more
Swiss Re Data Scientist Salary 1 - 10 years exp. (16 salaries)	Unlock ₹12.3 L/yr - ₹41 L/yr 200% more
Star Health & Allied Insurance Data Scientist Salary 0 - 2 years exp. (8 salaries)	Unlock ₹4.5 L/yr - ₹9.8 L/yr At par
SBI General Insurance Data Scientist Salary 0 - 3 years exp. (7 salaries)	Unlock ₹4 L/yr - ₹9.5 L/yr 32% less
HDFC Ergo General Insurance Data Scientist Salary 1 - 2 years exp. (7 salaries)	Unlock ₹7.6 L/yr - ₹14.2 L/yr 20% more
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Allianz Data Scientist Salary 6 - 8 years exp. (7 salaries)	Unlock ₹10.9 L/yr - ₹22 L/yr 89% more
AIG Data Scientist Salary 2 - 8 years exp. (6 salaries)	Unlock ₹5 L/yr - ₹19.4 L/yr 29% more
Shriram Life Insurance Data Scientist Salary 1 - 4 years exp. (4 salaries)	Unlock ₹3.7 L/yr - ₹7 L/yr 46% less
Gallagher Data Scientist Salary 0 - 5 years exp. (3 salaries)	Unlock ₹8 L/yr - ₹10 L/yr 4% more
Empower Data Scientist Salary 2 - 6 years exp. (3 salaries)	Unlock ₹17 L/yr - ₹27 L/yr 140% more
Kotak Mahindra General Insurance Data Scientist Salary 3 - 4 years exp. (3 salaries)	Unlock ₹23 L/yr - ₹24.2 L/yr 164% more

Data Scientist salary at Kotak Mahindara Life Insurance ranges between ₹8.1 Lakhs to ₹10.4 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Data Scientist salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	Unlock ₹8.1 L/yr - ₹10.3 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹8.1 L/yr - ₹10.3 L/yr
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6 years (AmbitionBox Estimate)	Unlock ₹8.1 L/yr - ₹10.3 L/yr

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Top skills at Kotak Mahindara Life Insurance for Data Scientist

Data Science Data Analytics Statistical Modeling Machine Learning Analytics Artificial Intelligence Python Predictive Analytics Data Management SQL

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

Admin Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 18 Nov 2024

1.0

for Salary and Benefits

Likes

work life balance and the culture of the organization

Job security - Good

+2 more

Dislikes

Salary not up to the mark. not paid as per industry standard. additional branches, additional works given without proper hike in salary. Branches have poor depressing culture, no celebration, revenue generating teams at branches are recognized, not the backend teams irrespective of their contribution to the success. Overall branches are not happy place to work.

Salary - Bad

+1 more

Senior Manager in Jorhat

Full Time

Sales & Business Development Department

2.0

• posted on 01 May 2024

2.0

for Salary and Benefits

Likes

Nothing good to write about.

Dislikes

Can't even count the dislikes. 1. You are never sure that you will get your salary on time. HR can (by mistake) mistakes at time of salary credit. 2. Upper management lies alot. 3. You wont learn anything, if u have ideas of growth and benificial for the company (Forget It) 4. HR is just a word, the people of the department don't know what HR does for a change. 5. You will be promissed alot of things at time of joining, rest assured they are just a myth. This list can go on and on, i just don't wanna waste my time on them anymore.

Salary - Poor

+6 more

Chief Manager in Mumbai

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.

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

Salary - Poor

+1 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

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Kotak Mahindara Life Insurance Data Scientist Salaries

Kotak Mahindara Life Insurance Data Scientist salary in India ranges between ₹8.1 Lakhs to ₹10.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

Kotak Mahindara Life Insurance Data Scientist salaries in India

Companies similar to Kotak Mahindara Life Insurance for Data Scientist

Latest annual salaries shared by Kotak Mahindara Life Insurance Data Scientist

Experience wise Kotak Mahindara Life Insurance Data Scientist salaries

Similar Designation salaries in Kotak Mahindara Life Insurance

Top skills at Kotak Mahindara Life Insurance for Data Scientist

Salary related reviews for Kotak Mahindara Life Insurance

Sales Manager in Mumbai

Admin Manager in Hyderabad / Secunderabad

Senior Manager in Jorhat

Chief Manager in Mumbai

Deputy Manager in Mumbai

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