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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Deputy Manager salaries in Mumbai Suburban

Annual salary range
0 - 9 years exp.
₹2.8 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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48% less than the average Deputy Manager Salary in Insurance Companies for 0 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Salary
1 - 9 years exp. (15 salaries)
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₹2.9 L/yr - ₹4.8 L/yr

Finance & Accounting
Deputy Manager Salary
5 - 9 years exp. (4 salaries)
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₹4 L/yr - ₹4.5 L/yr

Administration & Facilities
Deputy Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹5.5 L/yr

Last Updated: 14 Dec 2024

Companies similar to Kotak Mahindara Life Insurance for Deputy Manager in Mumbai Suburban

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Kotak Mahindara Life Insurance Deputy Manager Salary

0 - 9 years exp. (23 salaries)

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₹2.8 L/yr - ₹5.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3.8 L/yr - ₹5.9 L/yr

arrow icon 28% more
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₹5.6 L/yr - ₹10.3 L/yr

arrow icon 82% more
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Kotak Securities Deputy Manager Salary

0 - 10 years exp. (36 salaries)

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₹2.6 L/yr - ₹6.4 L/yr

arrow icon 13% more
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₹4.5 L/yr - ₹10.7 L/yr

arrow icon 63% more
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₹6 L/yr - ₹14 L/yr

arrow icon 135% more
Deputy Manager salary at Kotak Mahindara Life Insurance ranges between ₹2.8 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 23 latest salaries received from various employees of Kotak Mahindara Life Insurance.

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

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Experience wise Kotak Mahindara Life Insurance Deputy Manager salaries in Mumbai Suburban

Last Updated: 14 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.8 L/yr - ₹5.9 L/yr
1 year (AmbitionBox Estimate)

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₹2.9 L/yr - ₹6.4 L/yr
2 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
3 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹7.2 L/yr
4 years  (4 salaries)

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₹3.5 L/yr - ₹4.8 L/yr
View all
Kotak Mahindara Life Insurance Deputy Manager Salary and Career Growth

From

To

Deputy Manager

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0 - 9 years exp.

Chief Manager

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0 - 17 years exp.

Deputy Manager 0 - 9 years exp.
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Manager 0 - 12 years exp.
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arrow icon 32% hike
Senior Manager 1 - 14 years exp.
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arrow icon 25% hike

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From

2 more levels

To

Deputy Manager

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0 - 9 years exp.

Branch Manager

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3 - 18 years exp.

Top skills at Kotak Mahindara Life Insurance for Deputy Manager

Life Insurance Sales Cross Selling Sales Planning Relationship Management Insurance Sales Business Development Escalation Management B2B Sales Bancassurance Corporate Sales Operations Marketing MIS agency development

Salary related reviews for Kotak Mahindara Life Insurance

4.0

Rated by 2 employees for salary & benefits

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.

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Dislikes

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

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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..

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.....

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Dislikes

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

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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.

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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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Kotak Mahindara Life Insurance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Kotak Mahindara Life Insurance Mumbai Suburban?
Deputy Manager salary at Kotak Mahindara Life Insurance in Mumbai Suburban ranges between ₹2.8 Lakhs to ₹5.5 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 48% less than the average Deputy Manager Salary in India. Salary estimates are based on 23 latest salaries received from various employees of Kotak Mahindara Life Insurance Mumbai Suburban.
How does the salary of a Deputy Manager at Kotak Mahindara Life Insurance Mumbai Suburban compare with the average salary range for this job?
The average salary of a Deputy Manager at Kotak Mahindara Life Insurance is 48% less than the average salary of a Deputy Manager in Mumbai Suburban. To know exact salary insights, login to view.
What are the top skills required to work as a Deputy Manager at Kotak Mahindara Life Insurance?
Life Insurance, Sales, Cross Selling, Sales Planning and Relationship Management are some of the popular skills required to work as a Deputy Manager at Kotak Mahindara Life Insurance Mumbai Suburban.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Deputy Manager in Mumbai Suburban?
  • National Stock Exchange of India Deputy Manager Salary - ₹6.0 Lakhs to ₹14.0 Lakhs per year
  • Reliance Nippon Life Insurance Deputy Manager Salary - ₹5.6 Lakhs to ₹10.3 Lakhs per year
  • The Saraswat Co-operative Bank Deputy Manager Salary - ₹4.5 Lakhs to ₹10.7 Lakhs per year
  • Kotak Mahindra General Insurance Deputy Manager Salary - ₹3.8 Lakhs to ₹5.9 Lakhs per year
  • Kotak Securities Deputy Manager Salary - ₹2.6 Lakhs to ₹6.4 Lakhs per year
What is the estimated take home salary of a Deputy Manager at Kotak Mahindara Life Insurance in Mumbai Suburban?
The estimated take-home salary of a Deputy Manager at Kotak Mahindara Life Insurance ranges between ₹30,288 per month to ₹31,598 per month in Mumbai Suburban. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Deputy Manager salary in India which ranges between ₹2.8 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?
What is the notice period for Deputy Manager at Kotak Mahindara Life Insurance in Mumbai Suburban?
According to AmbitionBox, 73% of the Kotak Mahindara Life Insurance Deputy Managers in Mumbai Suburban reported a notice period of 3 Months, 9% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Deputy Manager salary in Mumbai Suburban ranges between ₹2.8 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 23 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.