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

Annual salary range
0 - 3 years exp.
₹1 Lakh - ₹6.5 Lakhs
Salary of majority employees
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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)
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₹3.1 L/yr - ₹4.9 L/yr

Marketing & Communication
Management Trainee Salary
0 - 2 years exp. (32 salaries)
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₹3.2 L/yr - ₹4.3 L/yr

Finance & Accounting
Management Trainee Salary
0 - 2 years exp. (17 salaries)
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₹2.8 L/yr - ₹7.6 L/yr

BFSI, Investments & Trading
Management Trainee Salary
0 - 2 years exp. (16 salaries)
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₹3.5 L/yr - ₹4.2 L/yr

Data Science & Analytics
Management Trainee Salary
0 - 3 years exp. (5 salaries)
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₹3.5 L/yr - ₹6 L/yr

View all

Last Updated: 6 Mar 2025

Companies similar to Kotak Mahindara Life Insurance for Management Trainee

Company name Avg Annual Salary Open Jobs
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HDFC Life Management Trainee Salary

0 - 3 years exp. (143 salaries)

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₹4.8 L/yr - ₹15 L/yr

arrow icon 155% more
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₹4 L/yr - ₹9 L/yr

arrow icon 71% more
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₹5.1 L/yr - ₹10.5 L/yr

arrow icon 103% more
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₹16 L/yr - ₹22 L/yr

arrow icon 427% more
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₹3 L/yr - ₹9.5 L/yr

arrow icon 68% more
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₹3.5 L/yr - ₹12 L/yr

arrow icon 110% more
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₹5 L/yr - ₹20 L/yr

arrow icon 195% more
Logo
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₹4 L/yr - ₹12 L/yr

arrow icon 114% more
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₹7 L/yr - ₹15 L/yr

arrow icon 147% more
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₹3 L/yr - ₹4 L/yr

arrow icon 14% less
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₹6 L/yr - ₹14.8 L/yr

arrow icon 264% more
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PNB MetLife Management Trainee Salary

0 - 2 years exp. (6 salaries)

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₹6 L/yr - ₹7 L/yr

arrow icon 55% more
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₹1.5 L/yr - ₹3 L/yr

arrow icon 26% less
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₹2 L/yr - ₹9.1 L/yr

arrow icon 44% more
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AXA Management Trainee Salary

2 - 3 years exp. (4 salaries)

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₹8 L/yr - ₹12 L/yr

arrow icon 158% more
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XL Catlin Management Trainee Salary

2 - 3 years exp. (3 salaries)

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₹8 L/yr - ₹9.2 L/yr

arrow icon 110% more
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Allianz Management Trainee Salary

0 - 6 years exp. (3 salaries)

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₹2.9 L/yr - ₹6.6 L/yr

arrow icon 8% more
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₹3.5 L/yr - ₹12 L/yr

arrow icon 64% more
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₹1.8 L/yr - ₹6.5 L/yr

arrow icon 24% more
Management Trainee salary at Kotak Mahindara Life Insurance ranges between ₹1 Lakh to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 185 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Management Trainee

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Experience wise Kotak Mahindara Life Insurance Management Trainee salaries

Last Updated: 6 Mar 2025

Experience Avg Annual Salary
Fresher  (123 salaries)

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₹1 L/yr - ₹7.1 L/yr
1 year  (52 salaries)

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₹3 L/yr - ₹6.5 L/yr
2 years  (8 salaries)

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₹3.5 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹5 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹1.8 L/yr - ₹3 L/yr
Accountant Salary
(4 salaries)
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₹1.44 L/yr - ₹5.15 L/yr
Team Lead Salary
(34 salaries)
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₹1.2 L/yr - ₹6.95 L/yr
Financial Analyst Salary
(AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.6 L/yr
Accounts Officer Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
Analyst Salary
(4 salaries)
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₹2.6 L/yr - ₹15.8 L/yr
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₹2.8 L/yr - ₹3.51 L/yr
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₹1.8 L/yr - ₹4 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
Deputy Manager Salary
(947 salaries)
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₹2 L/yr - ₹6.25 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
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Salary related reviews for Kotak Mahindara Life Insurance

3.0

Rated by 32 employees for salary & benefits

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.

read more
  • 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

read 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 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 ₹1.0 Lakhs to ₹6.5 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 185 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?
  • Axis 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
  • SBI General Insurance Management Trainee Salary - ₹4.0 Lakhs to ₹12.0 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
  • SBI Life Insurance Company Management Trainee Salary - ₹5.1 Lakhs to ₹10.5 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 ₹29,269 per month to ₹30,644 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 ₹1.0 Lakhs to ₹6.5 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, 21% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 86 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Management Trainee salary in India ranges between ₹1 Lakh to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 185 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

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