Kotak Mahindara Life Insurance Management Trainee Salaries by 100+ Employees (Updated 2025)

0 - 3 years exp.

₹2.7 Lakhs - ₹7 Lakhs

Salary of majority employees

46% less than the average Management Trainee Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

Sales & Business Development Management Trainee Salary 0 - 3 years exp. (38 salaries)	₹3.1 L/yr - ₹4.4 L/yr
Marketing & Communication Management Trainee Salary 0 - 2 years exp. (34 salaries)	₹3 L/yr - ₹5 L/yr
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Finance & Accounting Management Trainee Salary 0 - 3 years exp. (21 salaries)	₹2.8 L/yr - ₹7 L/yr
BFSI, Investments & Trading Management Trainee Salary 0 - 2 years exp. (18 salaries)	₹3.5 L/yr - ₹4.2 L/yr
Human Resources Management Trainee Salary 0 - 3 years exp. (7 salaries)	₹3.5 L/yr - ₹4.5 L/yr

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Last Updated: 18 Feb 2025

Companies similar to Kotak Mahindara Life Insurance for Management Trainee

Company name	Avg Annual Salary	Open Jobs
HDFC Life Management Trainee Salary 0 - 3 years exp. (143 salaries)	₹4.8 L/yr - ₹15 L/yr 158% more
ICICI Prudential Life Insurance Management Trainee Salary 0 - 2 years exp. (310 salaries)	₹4 L/yr - ₹9.6 L/yr 72% more
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SBI Life Insurance Company Management Trainee Salary 0 - 2 years exp. (37 salaries)	₹5.1 L/yr - ₹10.5 L/yr 105% more
Max Life Insurance Management Trainee Salary 0 - 4 years exp. (15 salaries)	₹16 L/yr - ₹22 L/yr 433% more
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 6 years exp. (34 salaries)	₹3 L/yr - ₹9.5 L/yr 54% more
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (145 salaries)	₹3.5 L/yr - ₹12 L/yr 113% more
Tata AIA Life Insurance Management Trainee Salary 0 - 4 years exp. (46 salaries)	₹5 L/yr - ₹20 L/yr 189% more
SBI General Insurance Management Trainee Salary 0 - 3 years exp. (29 salaries)	₹8 L/yr - ₹13 L/yr 127% more
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 1 year exp. (14 salaries)	₹7 L/yr - ₹15 L/yr 150% more
Kotak Mahindra General Insurance Management Trainee Salary 0 - 2 years exp. (12 salaries)	₹3 L/yr - ₹4 L/yr 13% less
HDFC Ergo General Insurance Management Trainee Salary 0 - 1 year exp. (8 salaries)	₹6 L/yr - ₹14.8 L/yr 268% more
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PNB MetLife Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹6 L/yr - ₹7 L/yr 57% more
Shriram Life Insurance Management Trainee Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹9.1 L/yr 45% more
Reliance Nippon Life Insurance Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 25% less
AXA Management Trainee Salary 2 - 3 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 161% more
XL Catlin Management Trainee Salary 2 - 3 years exp. (3 salaries)	₹8 L/yr - ₹9.2 L/yr 112% more
Gallagher Management Trainee Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr 133% more
Allianz Management Trainee Salary 0 - 6 years exp. (3 salaries)	₹2.9 L/yr - ₹6.6 L/yr 9% more
Aditya Birla Insurance Brokers Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹3.5 L/yr - ₹12 L/yr 66% more
Star Health & Allied Insurance Management Trainee Salary 0 - 12 years exp. (3 salaries)	₹1.8 L/yr - ₹6.5 L/yr 26% more

Management Trainee salary at Kotak Mahindara Life Insurance ranges between ₹2.7 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 194 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Management Trainee salaries

Last Updated: 18 Feb 2025

Experience	Avg Annual Salary
Fresher (127 salaries)	₹2.7 L/yr - ₹7 L/yr
1 year (55 salaries)	₹3 L/yr - ₹6.5 L/yr
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2 years (8 salaries)	₹3.5 L/yr - ₹4.3 L/yr
3 years (4 salaries)	₹3.5 L/yr - ₹5 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Finance Executive Salary

(6 salaries)

₹1.8 L/yr - ₹3 L/yr

Accountant Salary

(4 salaries)

₹1.44 L/yr - ₹5.15 L/yr

Team Lead Salary

(34 salaries)

₹1.2 L/yr - ₹6.95 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Analyst Salary

(4 salaries)

₹2.6 L/yr - ₹15.8 L/yr

Senior Associate Salary

(4 salaries)

₹2.8 L/yr - ₹3.51 L/yr

Process Associate Salary

(4 salaries)

₹1.8 L/yr - ₹4 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Deputy Manager Salary

(942 salaries)

₹2.25 L/yr - ₹6 L/yr

Top skills at Kotak Mahindara Life Insurance for Management Trainee

Field Sales Sales Team Handling Management Life Insurance mba pgdm Management Skills Interpersonal Skills Communication Skills Presentation Skills Business Development mba fresher Marketing Ac

Salary related reviews for Kotak Mahindara Life Insurance

3.0

Rated by 32 employees for salary & benefits

Management Trainee in Chhatisgarh

Full Time

Marketing & Communication Department

4.0

• posted on 08 May 2021

4.0

for Salary and Benefits

Likes

It is all about leadership. If you are good in recruitment then you will more success and financial compensation also.

Salary - Good

+6 more

Dislikes

Senior managers are not available all times so you handle alone and spoil resource coz lack of knowledge and experiences

Deputy Manager in Mumbai

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

Skill development - Poor

+4 more

Relationship Manager in Kolkata

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..

Dislikes

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

Salary - Bad

+6 more

Deputy Manager in Thane

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

Salary - Poor

+5 more

Deputy Manager in Mumbai

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.

Skill development - Good

+1 more

Dislikes

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

Salary - Poor

+1 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindara Life Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at Kotak Mahindara Life Insurance?

Management Trainee salary at Kotak Mahindara Life Insurance in India ranges between ₹2.7 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 46% less than the average Management Trainee Salary in India. Salary estimates are based on 194 latest salaries received from various employees of Kotak Mahindara Life Insurance India.

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

The average salary of a Management Trainee at Kotak Mahindara Life Insurance is 46% less than the average salary of a Management Trainee in India. To know exact salary insights, login to view.

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

Field Sales, Sales, Team Handling, Management and Life Insurance are some of the popular skills required to work as a Management Trainee at Kotak Mahindara Life Insurance India.

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

Max Life Insurance Management Trainee Salary - ₹16.0 Lakhs to ₹22.0 Lakhs per year
HDFC Ergo General Insurance Management Trainee Salary - ₹6.0 Lakhs to ₹14.8 Lakhs per year
Tata AIA Life Insurance Management Trainee Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
AXA Management Trainee Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
HDFC Life Management Trainee Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year

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

Aditya Birla Sun Life Insurance Management Trainee Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Gallagher Management Trainee Salary - ₹8.0 Lakhs to ₹10.2 Lakhs per year
SBI General Insurance Management Trainee Salary - ₹8.0 Lakhs to ₹13.0 Lakhs per year
ICICI Lombard General Insurance Company Management Trainee Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year
XL Catlin Management Trainee Salary - ₹8.0 Lakhs to ₹9.2 Lakhs per year

What is the estimated take home salary of a Management Trainee at Kotak Mahindara Life Insurance in India?

The estimated take-home salary of a Management Trainee at Kotak Mahindara Life Insurance ranges between ₹28,899 per month to ₹30,279 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Management Trainee salary in India which ranges between ₹2.7 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Management Trainee at Kotak Mahindara Life Insurance?

According to AmbitionBox, 43% of the Kotak Mahindara Life Insurance Management Trainees reported a notice period of 1 Month, 22% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 88 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Management Trainee Salaries

Kotak Mahindara Life Insurance Management Trainee salary in India ranges between ₹2.7 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 194 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

Kotak Mahindara Life Insurance Management Trainee salaries in India (Updated 2025)

Companies similar to Kotak Mahindara Life Insurance for Management Trainee

Latest annual salaries shared by Kotak Mahindara Life Insurance Management Trainee

Experience wise Kotak Mahindara Life Insurance Management Trainee salaries

Similar Designation salaries in Kotak Mahindara Life Insurance

Top skills at Kotak Mahindara Life Insurance for Management Trainee

Salary related reviews for Kotak Mahindara Life Insurance

Management Trainee in Chhatisgarh

Deputy Manager in Mumbai

Relationship Manager in Kolkata

Deputy Manager in Thane

Deputy Manager in Mumbai

Kotak Mahindara Life Insurance Management Trainee Salary FAQs

Tell us how to improve this page.

Kotak Mahindara Life Insurance Management Trainee Salaries by Location