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Kotak Mahindara Life Insurance HR Manager salaries in India (Updated 2025)

Annual salary range
2 - 12 years exp.
₹3 Lakhs - ₹7.5 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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54% less than the average HR Manager Salary in Insurance Companies for 2 - 12 years of experience

Interested in this particular role? 1 job opening

Last Updated: 18 Feb 2025

Companies similar to Kotak Mahindara Life Insurance for HR Manager

Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹11.8 L/yr

arrow icon 31% more
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HDFC Life HR Manager Salary

1 - 13 years exp. (44 salaries)

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₹7.1 L/yr - ₹21 L/yr

arrow icon 142% more
1 job opening
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Axis Max Life Insurance HR Manager Salary

7 - 15 years exp. (42 salaries)

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₹8.5 L/yr - ₹23 L/yr

arrow icon 207% more
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₹6 L/yr - ₹14.4 L/yr

arrow icon 102% more
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HDFC Ergo General Insurance HR Manager Salary

1 - 18 years exp. (26 salaries)

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₹6.5 L/yr - ₹16 L/yr

arrow icon 81% more
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SBI Life Insurance Company HR Manager Salary

4 - 16 years exp. (26 salaries)

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₹7 L/yr - ₹16 L/yr

arrow icon 100% more
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Tata AIA Life Insurance HR Manager Salary

6 - 14 years exp. (18 salaries)

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₹9 L/yr - ₹20 L/yr

arrow icon 209% more
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Bajaj Allianz Life Insurance HR Manager Salary

2 - 12 years exp. (16 salaries)

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₹9.9 L/yr - ₹20 L/yr

arrow icon 189% more
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₹3.8 L/yr - ₹15.9 L/yr

arrow icon 75% more
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₹4 L/yr - ₹14 L/yr

arrow icon 82% more
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₹5.8 L/yr - ₹22 L/yr

arrow icon 167% more
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Gallagher HR Manager Salary

9 - 12 years exp. (8 salaries)

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₹8.1 L/yr - ₹16 L/yr

arrow icon 157% more
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Shriram Life Insurance HR Manager Salary

0 - 11 years exp. (5 salaries)

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₹1.3 L/yr - ₹8.1 L/yr

arrow icon 33% less
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₹3.6 L/yr - ₹4.8 L/yr

arrow icon 19% less
HR Manager salary at Kotak Mahindara Life Insurance ranges between ₹3 Lakhs to ₹7.5 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 17 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance HR Manager

3d ago
₹6.5 Lakhs
9 years exp.
2mo ago
₹3 Lakhs
2 years exp.
5mo ago
₹7 Lakhs
12 years exp.
10mo ago
₹3.8 Lakhs
6 years exp.
11mo ago
₹7.5 Lakhs
11 years exp.
1y ago
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8 years exp.
1y ago
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2 years exp.
1y ago
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12 years exp.
1y ago
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11 years exp.
1y ago
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6 years exp.

Experience wise Kotak Mahindara Life Insurance HR Manager salaries

Last Updated: 18 Feb 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3 L/yr - ₹6.6 L/yr
3 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
5 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
6 years  (3 salaries)

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₹3.6 L/yr - ₹8.7 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹2.5 L/yr - ₹4.6 L/yr
HR Associate Salary
(48 salaries)
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₹1.2 L/yr - ₹3.6 L/yr
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₹2.4 L/yr - ₹3.44 L/yr
HR Executive Salary
(29 salaries)
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₹1 L/yr - ₹4 L/yr
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₹2.15 L/yr - ₹4 L/yr
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₹2.5 L/yr - ₹4.3 L/yr
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₹5.9 L/yr - ₹13.78 L/yr
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₹1.2 L/yr - ₹5 L/yr
HR Recruiter Salary
(13 salaries)
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₹1.2 L/yr - ₹3.5 L/yr
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₹3.2 L/yr - ₹9.6 L/yr

Top skills at Kotak Mahindara Life Insurance for HR Manager

Life Insurance Campus Recruitment Campus Hiring Bulk Hiring Business HR campus Campus Interviews

Salary related reviews for Kotak Mahindara Life Insurance

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

Human Resources Department

1.0
  •  posted on 01 Nov 2021

1.0
 for  Salary and Benefits

Likes

High level of corporate politics

Dislikes

...to gain knowledge and make my career But it's useless to be in this company My salary was 10 k in hand They never told about time like 9 to 6 So I used to work till 9 sometimes 10 pm I don't recommend you this company

read more
  • Salary - Bad
  • +6 more

Human Resources Department

4.0
  •  posted on 27 Sep 2019

2.0
 for  Salary and Benefits

Likes

...in entire career. There was no career growth for employees who were on off-role. Salary was very disturbing.

read more
  • Skill development - Good

Dislikes

KLI more believes in Monkey Management, which results in attrition at lower level. P.S I have worked at Branch level, there might be different seen at corporate level.

read more
  • Salary - Poor
  • +1 more

Human Resources Department

3.0
  •  posted on 15 Mar 2019

2.0
 for  Salary and Benefits

Likes

Work culture is good here. People are good, friendly and helpful.

  • Company culture - Good

Dislikes

Salary is v low and they don't intend to increase it even if u do hardwork. They should increase it. Our work experience becomes good when you have a good boss n vice versa.

read more
  • Salary - Poor
  • +2 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
see more salary related reviews

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Kotak Mahindara Life Insurance HR Manager Salary FAQs

What is the salary of HR Manager at Kotak Mahindara Life Insurance ?
The average salary of a HR Manager at Kotak Mahindara Life Insurance in India typically ranges from ₹3.0 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 2 years to 12 years).

The top 10% of HR Manager at Kotak Mahindara Life Insurance earn more than ₹6.9 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. HR Manager 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 HR Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a HR Manager at Kotak Mahindara Life Insurance in India typically ranges from ₹38,375 to ₹39,564 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 2 years to 12 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.
What are the key skills required to be a HR Manager at Kotak Mahindara Life Insurance ?
To be a HR Manager at Kotak Mahindara Life Insurance in india, the key skills required include:

  • - Life Insurance
  • - Campus Recruitment
  • - Campus Hiring
  • - Bulk Hiring
  • - Business HR

These skills are highly valued at Kotak Mahindara Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Kotak Mahindara Life Insurance for HR Manager in India?
Tata AIA Life Insurance ₹9.0 Lakhs to ₹20.0 Lakhs per year
Axis Max Life Insurance ₹8.5 Lakhs to ₹23.0 Lakhs per year
Bajaj Allianz Life Insurance ₹9.9 Lakhs to ₹20.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹5.8 Lakhs to ₹22.0 Lakhs per year
Gallagher ₹8.1 Lakhs to ₹16.0 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 HR Manager in companies similar to Kotak Mahindara Life Insurance in India?
The salary of a HR Manager 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:

HDFC Life ₹7.1 Lakhs to ₹21.0 Lakhs per year
ICICI Prudential Life Insurance ₹6.0 Lakhs to ₹14.4 Lakhs per year
SBI Life Insurance Company ₹7.0 Lakhs to ₹16.0 Lakhs per year
Star Health & Allied Insurance ₹4.0 Lakhs to ₹14.0 Lakhs per year
HDFC Ergo General Insurance ₹6.5 Lakhs to ₹16.0 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 HR Manager at Kotak Mahindara Life Insurance in India?
The salary growth for a HR Manager at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a HR Manager can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
2 years ₹3.0 Lakhs to ₹6.6 Lakhs per year
3 years ₹3.6 Lakhs to ₹4.5 Lakhs per year
4 years ₹3.8 Lakhs to ₹4.9 Lakhs per year
5 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
and so on.

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Kotak Mahindara Life Insurance HR Manager salary in India ranges between ₹3 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.