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Kotak Mahindara Life Insurance Finance Manager salaries in India

Annual salary range
0 - 5 years exp.
₹1 Lakh - ₹4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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83% less than the average Finance Manager Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

Finance & Accounting
Finance Manager Salary
1 - 5 years exp. (4 salaries)
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₹2.5 L/yr - ₹4 L/yr

Aviation & Aerospace
Finance Manager Salary
Fresher (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.1 L/yr

Last Updated: 17 Jan 2024

Companies similar to Kotak Mahindara Life Insurance for Finance Manager

Company name Avg Annual Salary Open Jobs
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₹2.1 L/yr - ₹4.7 L/yr

arrow icon 27% more
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HDFC Life Finance Manager Salary

1 - 5 years exp. (10 salaries)

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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 34% more
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₹8 L/yr - ₹12 L/yr

arrow icon 260% more
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Axis Max Life Insurance Finance Manager Salary

0 - 12 years exp. (12 salaries)

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₹2.5 L/yr - ₹6 L/yr

arrow icon 55% more
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₹13.5 L/yr - ₹18 L/yr

arrow icon 423% more
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₹1.2 L/yr - ₹2.5 L/yr

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₹3.8 L/yr - ₹10.7 L/yr

arrow icon 161% more
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PNB MetLife Finance Manager Salary

0 - 6 years exp. (3 salaries)

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₹3.9 L/yr - ₹11 L/yr

arrow icon 187% more
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₹2.6 L/yr - ₹4.1 L/yr

arrow icon 27% more
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AIG Finance Manager Salary

7 - 14 years exp. (9 salaries)

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₹13 L/yr - ₹21.1 L/yr

arrow icon 472% more
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₹10 L/yr - ₹10.6 L/yr

arrow icon 263% more
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₹9.8 L/yr - ₹15.7 L/yr

arrow icon 328% more
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₹5 L/yr - ₹14 L/yr

arrow icon 208% more
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₹2.3 L/yr - ₹5 L/yr

arrow icon 16% more

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Finance Manager salary at Kotak Mahindara Life Insurance ranges between ₹1 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Finance Manager

1y ago
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5 years exp.
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1 year exp.
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1 year exp.
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4 years exp.

Experience wise Kotak Mahindara Life Insurance Finance Manager salaries

Last Updated: 17 Jan 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)

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₹1 L/yr - ₹3.9 L/yr
2 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹4 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹4.5 L/yr - ₹13.5 L/yr
Sales Manager Salary
(546 salaries)
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₹2 L/yr - ₹5.75 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr
Deputy Manager Salary
(776 salaries)
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₹2.25 L/yr - ₹6.25 L/yr
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₹3.5 L/yr - ₹8.4 L/yr
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₹1.8 L/yr - ₹3 L/yr
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₹3 L/yr - ₹7 L/yr
Collections Manager Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr
Branch Head Salary
(10 salaries)
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₹8.5 L/yr - ₹14 L/yr
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₹1.75 L/yr - ₹7 L/yr

Top skills at Kotak Mahindara Life Insurance for Finance Manager

Finance

Salary related reviews for Kotak Mahindara Life Insurance

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

 · 

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

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..

read more

Dislikes

I like nothing about them.. I m with my word..

  • Salary - Bad
  • +6 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
see more salary related reviews

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Kotak Mahindara Life Insurance Finance Manager Salary FAQs

What is the salary of Finance Manager at Kotak Mahindara Life Insurance?
Finance Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹1.0 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 83% less than the average Finance Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Finance Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Finance Manager at Kotak Mahindara Life Insurance is 83% less than the average salary of a Finance Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Finance Manager at Kotak Mahindara Life Insurance?
Finance is a popular skill required to work as a Finance Manager at Kotak Mahindara Life Insurance.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Finance Manager in India?
  • AIG Finance Manager Salary - ₹13.0 Lakhs to ₹21.1 Lakhs per year
  • Bajaj Allianz Life Insurance Finance Manager Salary - ₹13.5 Lakhs to ₹18.0 Lakhs per year
  • HDFC Ergo General Insurance Finance Manager Salary - ₹9.8 Lakhs to ₹15.7 Lakhs per year
  • ICICI Lombard General Insurance Company Finance Manager Salary - ₹10.0 Lakhs to ₹10.6 Lakhs per year
  • SBI Life Insurance Company Finance Manager Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
What is the salary of a Finance Manager in companies similar to Kotak Mahindara Life Insurance in India?
  • Star Health & Allied Insurance Finance Manager Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
  • PNB MetLife Finance Manager Salary - ₹3.9 Lakhs to ₹11.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Finance Manager Salary - ₹3.8 Lakhs to ₹10.7 Lakhs per year
  • Axis Max Life Insurance Finance Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
  • HDFC Life Finance Manager Salary - ₹2.5 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Finance Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Finance Manager at Kotak Mahindara Life Insurance ranges between ₹20,193 per month to ₹21,854 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Finance Manager salary in India which ranges between ₹1.0 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?
What is the notice period for Finance Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 50% of the Kotak Mahindara Life Insurance Finance Managers reported a notice period of 1 Month, 50% reported a notice period of More than 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 Finance Manager salary in India ranges between ₹1 Lakh to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.