Kotak Mahindara Life Insurance DVP Salaries by 10 Employees

11 - 20 years exp.

₹15 Lakhs - ₹45 Lakhs

Low Confidence

Salary of majority employees

At par with the average DVP Salary in Insurance Companies for 11 - 20 years of experience

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Salaries in different departments

Project & Program Management DVP Salary 17 - 20 years exp. (3 salaries)	₹32.3 L/yr - ₹38.6 L/yr
Data Science & Analytics DVP Salary 14 - 17 years exp. (AmbitionBox Estimate)	₹34.9 L/yr - ₹45 L/yr
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Finance & Accounting DVP Salary 12 - 14 years exp. (AmbitionBox Estimate)	₹26 L/yr - ₹30.8 L/yr
BFSI, Investments & Trading DVP Salary 16 years exp. (AmbitionBox Estimate)	₹20.6 L/yr - ₹27.2 L/yr

Last Updated: 27 Dec 2024

Companies similar to Kotak Mahindara Life Insurance for DVP

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance DVP Salary 13 - 21 years exp. (3 salaries)	₹30 L/yr - ₹50 L/yr 34% more
ICICI Lombard General Insurance Company DVP Salary 11 - 18 years exp. (6 salaries)	₹25 L/yr - ₹41.7 L/yr 3% less
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HDFC Ergo General Insurance DVP Salary 14 - 19 years exp. (6 salaries)	₹21.5 L/yr - ₹27 L/yr 14% less
HDFC Bank DVP Salary 12 - 23 years exp. (98 salaries)	₹22 L/yr - ₹53 L/yr 24% more
IndusInd Bank DVP Salary 10 - 21 years exp. (101 salaries)	₹13 L/yr - ₹38 L/yr 19% less

DVP salary at Kotak Mahindara Life Insurance ranges between ₹15 Lakhs to ₹45 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance DVP salaries

Last Updated: 27 Dec 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹31 L/yr - ₹56.6 L/yr
12 years (AmbitionBox Estimate)	₹26 L/yr - ₹56.1 L/yr
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13 years (AmbitionBox Estimate)	₹27.8 L/yr - ₹35.6 L/yr
14 years (AmbitionBox Estimate)	₹26 L/yr - ₹44 L/yr
15+ years (6 salaries)	₹15 L/yr - ₹45 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

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Cluster Manager Salary

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₹2 L/yr - ₹7.64 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

3.0

Rated by 1 employees for salary & benefits

Recruitment Development Manager in Kalyan / Dombivli

Full Time

Other Department

5.0

• posted on 27 Jun 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 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

Assistant Manager Branch Operations in Guwahati

Customer Success, Service & Operations Department

5.0

• posted on 29 Jul 2020

5.0

for Salary and Benefits

Likes

Kotak life as a company for me it is very supportive I am very satisfied with work culture also I found growth and opportunity in Future, Job security. I am always thankful to my exteem organization kotak life.

Salary - Excellent

+6 more

Dislikes

Nothing as such...but salary is decent in our department.

Recruitment Development Manager in Vadodara

Marketing & Communication Department

4.0

• posted on 10 Dec 2017

1.0

for Salary and Benefits

Likes

Training support is best. Knowledge update program good

Skill development - Excellent

Dislikes

...pior have to increase intelligence level. Man management skill want to improve. Need Good professional but with cheaper salary. Not justify with quality

Salary - Bad

+1 more

Recruitment Development Manager in Hisar

RECRUITMENT AND DEVELOPEMENT MANAGER Department

3.0

• posted on 27 Mar 2018

2.0

for Salary and Benefits

Likes

IN KOTAK LIFE TRAINING FOR MANAGERS IS VERY GOOD.

Skill development - Good

+1 more

Dislikes

SALARY PACKAGES ARE VERY LOW AND NO CAREER GROWTH BECAUSE THE CAREER EXPRESS TARGETS ARE MENTIONED WITH " * ". THERE IS NO PHONE BILL REMB. OR NO TRAVEL ALLOUNCE.

Salary - Poor

+1 more

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Kotak Mahindara Life Insurance DVP Salary FAQs

What is the salary of DVP at Kotak Mahindara Life Insurance ?

The average salary of a DVP at Kotak Mahindara Life Insurance in India typically ranges from ₹15.0 Lakhs to ₹45.0 Lakhs per year, depending on experience (from 11 years to 20 years).

The top 10% of DVP at Kotak Mahindara Life Insurance earn more than ₹44.5 Lakhs per year, and the top 1% earn over ₹45.0 Lakhs per year. DVP Salaries at Kotak Mahindara Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10 Kotak Mahindara Life Insurance employees in India.

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

The estimated take-home salary of a DVP at Kotak Mahindara Life Insurance in India typically ranges from ₹1,86,511 to ₹1,93,807 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹45.0 Lakhs per year for employees with experience ranging from 11 years to 20 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10 salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Mahindara Life Insurance for DVP in India?

Bajaj Allianz Life Insurance	₹30.0 Lakhs to ₹50.0 Lakhs per year
HDFC Bank	₹22.0 Lakhs to ₹53.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindara Life Insurance, depending on the role and experience level.

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

The salary of a DVP at companies similar to Kotak Mahindara Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company	₹25.0 Lakhs to ₹41.7 Lakhs per year
HDFC Ergo General Insurance	₹21.5 Lakhs to ₹27.0 Lakhs per year
IndusInd Bank	₹13.0 Lakhs to ₹38.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a DVP at Kotak Mahindara Life Insurance in India?

The salary growth for a DVP at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a DVP can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience	Average Salary Range
11 years	₹31.0 Lakhs to ₹56.6 Lakhs per year
12 years	₹26.0 Lakhs to ₹56.1 Lakhs per year
13 years	₹27.8 Lakhs to ₹35.6 Lakhs per year
14 years	₹26.0 Lakhs to ₹44.0 Lakhs per year

and so on.

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Kotak Mahindara Life Insurance DVP Salaries

Kotak Mahindara Life Insurance DVP salary in India ranges between ₹15 Lakhs to ₹45 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.