Kotak Mahindara Life Insurance HR Manager Salaries by 10+ Employees (Updated 2025)

2 - 12 years exp.

₹3 Lakhs - ₹7.5 Lakhs

Salary of majority employees

56% less than the average HR Manager Salary in Insurance Companies for 2 - 12 years of experience

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Last Updated: 28 Nov 2024

Companies similar to Kotak Mahindara Life Insurance for HR Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance HR Manager Salary 1 - 10 years exp. (31 salaries)	₹6 L/yr - ₹14.4 L/yr 111% more
HDFC Life HR Manager Salary 1 - 13 years exp. (48 salaries)	₹7.1 L/yr - ₹21 L/yr 145% more	1 job opening
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SBI Life Insurance Company HR Manager Salary 4 - 16 years exp. (26 salaries)	₹7 L/yr - ₹16 L/yr 100% more
Max Life Insurance HR Manager Salary 7 - 15 years exp. (40 salaries)	₹8.5 L/yr - ₹23 L/yr 225% more
Bajaj Allianz Life Insurance HR Manager Salary 2 - 12 years exp. (17 salaries)	₹5.7 L/yr - ₹20 L/yr 176% more
Reliance Nippon Life Insurance HR Manager Salary 2 - 15 years exp. (15 salaries)	₹3.8 L/yr - ₹15.5 L/yr 85% more
Aditya Birla Sun Life Insurance HR Manager Salary 2 - 10 years exp. (11 salaries)	₹5.8 L/yr - ₹22 L/yr 178% more
Tata AIA Life Insurance HR Manager Salary 5 - 14 years exp. (18 salaries)	₹9 L/yr - ₹20 L/yr 217% more
PNB MetLife HR Manager Salary 6 - 12 years exp. (4 salaries)	₹10.2 L/yr - ₹13.1 L/yr 140% more
Life Insurance Corporation of India HR Manager Salary 3 - 12 years exp. (4 salaries)	₹4 L/yr - ₹5.3 L/yr 1% more
ICICI Lombard General Insurance Company HR Manager Salary 1 - 10 years exp. (70 salaries)	₹3.5 L/yr - ₹10.6 L/yr 32% more
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Care Health Insurance HR Manager Salary 1 - 7 years exp. (41 salaries)	₹2.7 L/yr - ₹10.1 L/yr 22% more
HDFC Ergo General Insurance HR Manager Salary 1 - 16 years exp. (27 salaries)	₹6.5 L/yr - ₹15.1 L/yr 98% more
Star Health & Allied Insurance HR Manager Salary 1 - 18 years exp. (15 salaries)	₹3.3 L/yr - ₹14 L/yr 61% more
Gallagher HR Manager Salary 9 - 12 years exp. (7 salaries)	₹8.1 L/yr - ₹16 L/yr 175% more
Shriram Life Insurance HR Manager Salary 0 - 11 years exp. (5 salaries)	₹1.3 L/yr - ₹8.1 L/yr 30% less
SBI General Insurance HR Manager Salary 5 - 8 years exp. (4 salaries)	₹8.4 L/yr - ₹12.8 L/yr 96% more	1 job opening

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 16 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance HR Manager salaries

Last Updated: 28 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
6 years (3 salaries)	₹3.6 L/yr - ₹8.2 L/yr
7 years (3 salaries)	₹4.1 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.8 L/yr
10 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹10.5 L/yr
11 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.5 L/yr
12 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7 L/yr

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Similar Designation salaries in Kotak Mahindara Life Insurance

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Deputy Manager Administration Salary

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₹2.5 L/yr - ₹4.3 L/yr

Administration Manager Salary

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Senior Manager-HR Salary

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₹5.9 L/yr - ₹13.78 L/yr

HR Executive Recruiter Salary

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₹1.2 L/yr - ₹5 L/yr

HR Recruiter Salary

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Administration Executive Salary

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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

Admin Manager in Hyderabad / Secunderabad

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

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.

HR Associate in Mumbai Suburban

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

HR Associate in New Delhi

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.

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.

HR Executive in New Delhi

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.

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.

Chief Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 20 Aug 2024

2.0

for Salary and Benefits

Likes

Kotak Life learning with colleagues and seniors, helpful people. New innovations happening in business and product teams.

Dislikes

Human Resources and employees understanding. Human resource donot do anything for employees just gives threat on every occasion to employees for salary hold. New generation should not join this company as ther are better HR polices elsewhere Some department like IT areas slow,no future thought processes. As HR polices are so bad that even your managers and head of department are weak and toothless for any new initiatives

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindara Life Insurance HR Manager Salary FAQs

What is the salary of HR Manager at Kotak Mahindara Life Insurance?

HR Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹3.0 Lakhs to ₹7.5 Lakhs for experience between 2 years to 12 years. According to our estimates it is 56% less than the average HR Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Kotak Mahindara Life Insurance India.

How does the salary of a HR Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?

The average salary of a HR Manager at Kotak Mahindara Life Insurance is 56% less than the average salary of a HR Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a HR Manager at Kotak Mahindara Life Insurance?

Life Insurance, Campus Recruitment, Campus Hiring, Bulk Hiring and Business HR are some of the popular skills required to work as a HR Manager at Kotak Mahindara Life Insurance India.

Which similar companies are paying more than Kotak Mahindara Life Insurance to a HR Manager in India?

Max Life Insurance HR Manager Salary - ₹8.5 Lakhs to ₹23.0 Lakhs per year
Tata AIA Life Insurance HR Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
Aditya Birla Sun Life Insurance HR Manager Salary - ₹5.8 Lakhs to ₹22.0 Lakhs per year
Bajaj Allianz Life Insurance HR Manager Salary - ₹5.7 Lakhs to ₹20.0 Lakhs per year
Gallagher HR Manager Salary - ₹8.1 Lakhs to ₹16.0 Lakhs per year

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

HDFC Life HR Manager Salary - ₹7.1 Lakhs to ₹21.0 Lakhs per year
PNB MetLife HR Manager Salary - ₹10.2 Lakhs to ₹13.1 Lakhs per year
ICICI Prudential Life Insurance HR Manager Salary - ₹6.0 Lakhs to ₹14.4 Lakhs per year
SBI Life Insurance Company HR Manager Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year
HDFC Ergo General Insurance HR Manager Salary - ₹6.5 Lakhs to ₹15.1 Lakhs per year

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 ranges between ₹36,647 per month to ₹37,863 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance HR Manager salary in India which ranges between ₹3.0 Lakhs to ₹7.5 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?

What is the notice period for HR Manager at Kotak Mahindara Life Insurance?

According to AmbitionBox, 50% of the Kotak Mahindara Life Insurance HR Managers reported a notice period of 3 Months, 33% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance HR Manager Salaries

Kotak Mahindara Life Insurance HR Manager salary in India ranges between ₹3 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.