Kotak Mahindara Life Insurance Chennai Management Trainee Salaries by 10+ Employees (Updated 2025)

0 - 1 year exp.

₹3.5 Lakhs - ₹6.5 Lakhs

Salary of majority employees

42% less than the average Management Trainee Salary in Insurance Companies for 0 - 1 year of experience

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Salaries in different departments

Sales & Business Development Management Trainee Salary 0 - 1 year exp. (7 salaries)	₹3.5 L/yr - ₹4.3 L/yr
Procurement & Supply Chain Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹3.5 L/yr - ₹4.3 L/yr
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Customer Success, Service & Operations Management Trainee Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
BFSI, Investments & Trading Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4 L/yr
Finance & Accounting Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.5 L/yr

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Last Updated: 13 Feb 2025

Companies similar to Kotak Mahindara Life Insurance for Management Trainee in Chennai

Kotak Mahindara Life Insurance Management Trainee Salary

0 - 1 year exp. (19 salaries)

₹3.5 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Management Trainee Salary 1 - 3 years exp. (4 salaries)	₹9.8 L/yr - ₹13 L/yr 155% more
SBI Life Insurance Company Management Trainee Salary 0 - 1 year exp. (7 salaries)	₹5.9 L/yr - ₹9 L/yr 95% more
Login to view exact salary
Genpact Management Trainee Salary 0 - 13 years exp. (376 salaries)	₹2.7 L/yr - ₹9.2 L/yr 54% more	65 job openings
Access Healthcare Management Trainee Salary 6 - 11 years exp. (103 salaries)	₹2.4 L/yr - ₹9 L/yr 70% more
ICICI Bank Management Trainee Salary 0 - 4 years exp. (37 salaries)	₹12 L/yr - ₹19.5 L/yr 308% more

Management Trainee salary at Kotak Mahindara Life Insurance ranges between ₹3.5 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 19 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Management Trainee salaries in Chennai

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
Fresher (11 salaries)	₹3.5 L/yr - ₹4.3 L/yr
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1 year (8 salaries)	₹3.5 L/yr - ₹6.5 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Deputy Manager Salary

(56 salaries)

₹2.5 L/yr - ₹5.5 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

2.1

Rated by 3 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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Kotak Mahindara Life Insurance Management Trainee Salary FAQs

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

Management Trainee salary at Kotak Mahindara Life Insurance in Chennai ranges between ₹3.5 Lakhs to ₹6.5 Lakhs for less than 1 year of experience. According to our estimates it is 42% less than the average Management Trainee Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Kotak Mahindara Life Insurance Chennai.

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

The average salary of a Management Trainee at Kotak Mahindara Life Insurance is 42% less than the average salary of a Management Trainee in Chennai. 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 Chennai.

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

ICICI Bank Management Trainee Salary - ₹12.0 Lakhs to ₹19.5 Lakhs per year
HDFC Life Management Trainee Salary - ₹9.8 Lakhs to ₹13.0 Lakhs per year
SBI Life Insurance Company Management Trainee Salary - ₹5.9 Lakhs to ₹9.0 Lakhs per year
Access Healthcare Management Trainee Salary - ₹2.4 Lakhs to ₹9.0 Lakhs per year
Genpact Management Trainee Salary - ₹2.7 Lakhs to ₹9.2 Lakhs per year

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

The estimated take-home salary of a Management Trainee at Kotak Mahindara Life Insurance ranges between ₹29,476 per month to ₹30,848 per month in Chennai. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Management Trainee salary in India which ranges between ₹3.5 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?

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

According to AmbitionBox, 70% of the Kotak Mahindara Life Insurance Management Trainees in Chennai reported a notice period of 1 Month, 20% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Management Trainee Salaries in Chennai

Kotak Mahindara Life Insurance Management Trainee salary in Chennai ranges between ₹3.5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.