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Kotak Mahindara Life Insurance Salaries in Faridabad (Updated 2025)

based on 33 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Customer Success, Service & Operations Sales & Business Development Administration & Facilities
Designation Avg Annual Salary Open Jobs
0 - 4 years exp. · Faridabad (5 salaries)
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₹2.5 L/yr - ₹3.8 L/yr

12 - 15 years exp. · Faridabad (4 salaries)
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₹5.6 L/yr - ₹6.8 L/yr

2 - 6 years exp. · Faridabad (4 salaries)
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₹3.8 L/yr - ₹4 L/yr

3 - 4 years exp. · Faridabad (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.6 L/yr

Starting your career? Discover Kotak Mahindara Life Insurance fresher salaries in India
3 - 8 years exp. · Faridabad (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

1 - 2 years exp. · Faridabad (AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

22 - 24 years exp. · Faridabad (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

1 - 3 years exp. · Faridabad (AmbitionBox Estimate)
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₹1.1 L/yr - ₹2.4 L/yr

15 years exp. · Faridabad (AmbitionBox Estimate)
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₹13.8 L/yr - ₹17.6 L/yr

3 - 6 years exp. · Faridabad (AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.3 L/yr

Fresher · Faridabad (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

2 years exp. · Faridabad (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2 L/yr

Fresher · Faridabad (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

10 years exp. · Faridabad (AmbitionBox Estimate)
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₹9.3 L/yr - ₹11.9 L/yr

1 year exp. · Faridabad (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

3 years exp. · Faridabad (AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.4 L/yr

Last Updated: 29 Mar, 2025

Salary related reviews for Kotak Mahindara Life Insurance

3.9

Rated by 20 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 18 Jun 2023

2.0
 for  Salary and Benefits

Likes

Job security is what i like in kotak life

  • Job security - Excellent

Dislikes

... no then your promotion will be done otherwise forget about your promotion. 3. Cost cutting 4. Hiring process is too slow 5. Everyone is ready to take credit of their junior’s

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Administration & Facilities Department

3.0
  •  posted on 06 Dec 2021

2.0
 for  Salary and Benefits

Likes

Top management is not good. Work culture is good. Appraisal are not fare. They are not giving proper salary hike and bonus. Bonus is totally depend on senior management not on performance.

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  • Skill development - Good
  • +1 more

Dislikes

There is so much politics. Salary is not good and there is no career growth.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 03 Aug 2020

3.0
 for  Salary and Benefits

Likes

Work from home facility is been extended to all operations n sales staff .Complete shift to digitalization and online transactions . job security no deduction in salaries also enough support provided to keep yourself safe in this situation whenever need to go to office .

read more
  • Skill development - Good
  • +4 more

Dislikes

Annual package needs to be reviewed as per industry standards

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.

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  • Salary - Bad
  • +1 more
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Kotak Mahindara Life Insurance Salary FAQs

How much does Kotak Mahindara Life Insurance pay to its employees?
The average annual salary at Kotak Mahindara Life Insurance varies depending on the role, experience, and location. The salary ranges for some popular designations at Kotak Mahindara Life Insurance, are as follows:

Branch Operation Executive ₹2.5 Lakhs to ₹3.8 Lakhs per year
Manager OPS ₹5.6 Lakhs to ₹6.8 Lakhs per year
Associate Recruitment and Development Manager ₹3.8 Lakhs to ₹4 Lakhs per year
Sales Executive ₹3.2 Lakhs to ₹4.6 Lakhs per year

The highest-paying role, Executive Vice President, earns between ₹52 Lakhs to ₹98 Lakhs per year. The top 10% of employees earn more than ₹11.5 Lakhs per year, and the top 1% earn over ₹34.6 Lakhs per year. 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 salary estimates are based on data from 33 salaries submitted by Kotak Mahindara Life Insurance employees. Kotak Mahindara Life Insurance is rated 3.9 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Kotak Mahindara Life Insurance in Faridabad?
The salary of a fresher at Kotak Mahindara Life Insurance in Faridabad typically ranges from ₹0.7 Lakh to ₹13.8 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Management Trainee Salary ₹2.7 Lakhs to ₹6.5 Lakhs per year
Fresher as a Recruitment Development Manager Salary ₹2.7 Lakhs to ₹4.7 Lakhs per year
Fresher as a Sales Manager Salary ₹2 Lakhs to ₹4.6 Lakhs per year
Fresher as a Deputy Manager Salary ₹2 Lakhs to ₹4 Lakhs per year

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Average annual salary in Kotak Mahindara Life Insurance , Faridabad is INRunlock blur . Salary estimates are based on 30+ Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

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