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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Executive Vice President salaries in New Delhi

Annual salary range
21 - 26 years exp.
₹69 Lakhs - ₹98 Lakhs
Salary of majority employees
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68% more than the average Executive Vice President Salary in Insurance Companies for 21 - 26 years of experience

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Last Updated: 16 Nov 2024

Companies similar to Kotak Mahindara Life Insurance for Executive Vice President in New Delhi

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Kotak Mahindara Life Insurance Executive Vice President Salary

21 - 26 years exp. (6 salaries)

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₹69 L/yr - ₹98 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Yes Bank Executive Vice President Salary

13 - 26 years exp. (68 salaries)

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₹26 L/yr - ₹63 L/yr

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₹50 L/yr - ₹1.3 Cr/yr

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₹74 L/yr - ₹78.7 L/yr

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IIFL Finance Executive Vice President Salary

17 - 19 years exp. (3 salaries)

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₹75 L/yr - ₹98 L/yr

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₹16.2 L/yr - ₹20.7 L/yr

arrow icon 79% less
Executive Vice President salary at Kotak Mahindara Life Insurance ranges between ₹69 Lakhs to ₹98 Lakhs per year for employees with experience between 21 years to 26 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Executive Vice President in New Delhi

2mo ago
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26 years exp.
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24 years exp.
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25 years exp.
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23 years exp.
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21 years exp.
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22 years exp.

Experience wise Kotak Mahindara Life Insurance Executive Vice President salaries in New Delhi

Last Updated: 16 Nov 2024

Experience Avg Annual Salary
15+ years  (6 salaries)

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₹69 L/yr - ₹98 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Deputy Manager Salary
(49 salaries)
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₹3.2 L/yr - ₹5.63 L/yr
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₹9 L/yr - ₹24.2 L/yr
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₹11.2 L/yr - ₹19 L/yr
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₹4 L/yr - ₹5.88 L/yr
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₹30 L/yr - ₹42 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

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
  • Skill development - Poor
    +4 more

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
  • Salary - Poor
    +5 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.

read more
  • Skill development - Good
    +1 more

Dislikes

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

read more
  • Salary - Poor
    +1 more

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."

read more
  • Salary - Bad
    +2 more

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.

read more
  • Salary - Bad
    +1 more
see more salary related reviews

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Kotak Mahindara Life Insurance Executive Vice President Salary FAQs

What is the salary of Executive Vice President at Kotak Mahindara Life Insurance New Delhi?
Executive Vice President salary at Kotak Mahindara Life Insurance in New Delhi ranges between ₹69.0 Lakhs to ₹98.0 Lakhs for experience between 21 years to 26 years. According to our estimates it is 68% more than the average Executive Vice President Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance New Delhi.
How does the salary of a Executive Vice President at Kotak Mahindara Life Insurance New Delhi compare with the average salary range for this job?
The average salary of a Executive Vice President at Kotak Mahindara Life Insurance is 68% more than the average salary of a Executive Vice President in New Delhi. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Executive Vice President in New Delhi?
  • IIFL Finance Executive Vice President Salary - ₹75.0 Lakhs to ₹98.0 Lakhs per year
  • Kotak Mahindra Bank Executive Vice President Salary - ₹50.0 Lakhs to ₹125.0 Lakhs per year
What is the salary of a Executive Vice President in companies similar to Kotak Mahindara Life Insurance in New Delhi?
  • NATIONAL SKILL DEVELOPMENT CORPORATION Executive Vice President Salary - ₹74.0 Lakhs to ₹78.7 Lakhs per year
  • Yes Bank Executive Vice President Salary - ₹26.0 Lakhs to ₹63.0 Lakhs per year
  • International Development Enterprises (India) Executive Vice President Salary - ₹16.2 Lakhs to ₹20.7 Lakhs per year
What is the estimated take home salary of a Executive Vice President at Kotak Mahindara Life Insurance in New Delhi?
The estimated take-home salary of a Executive Vice President at Kotak Mahindara Life Insurance ranges between ₹4,65,874 per month to ₹4,78,940 per month in New Delhi. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Executive Vice President salary in India which ranges between ₹69.0 Lakhs to ₹98.0 Lakhs per year for employees with experience between 21 years to 26 years. Check how did we calculate take home salary?
What is the notice period for Executive Vice President at Kotak Mahindara Life Insurance in New Delhi?
According to AmbitionBox, 50% of the Kotak Mahindara Life Insurance Executive Vice Presidents in New Delhi reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Executive Vice President salary in New Delhi ranges between ₹69 Lakhs to ₹98 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.