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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Manager OPS salaries in India

Annual salary range
9 - 15 years exp.
₹4.4 Lakhs - ₹7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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50% less than the average Manager OPS Salary in Insurance Companies for 9 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager OPS Salary
9 - 14 years exp. (5 salaries)
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₹4.4 L/yr - ₹7 L/yr

Customer Success, Service & Operations
Manager OPS Salary
14 - 15 years exp. (3 salaries)
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₹5.6 L/yr - ₹6.8 L/yr

Last Updated: 9 Jul 2024

Companies similar to Kotak Mahindara Life Insurance for Manager OPS

Company name Avg Annual Salary Open Jobs
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₹6 L/yr - ₹8.3 L/yr

arrow icon 21% more
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SBI Life Insurance Company Manager OPS Salary

10 - 16 years exp. (21 salaries)

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₹6.2 L/yr - ₹11 L/yr

arrow icon 53% more
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Max Life Insurance Manager OPS Salary

8 - 15 years exp. (16 salaries)

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₹5.6 L/yr - ₹9.3 L/yr

arrow icon 39% more
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₹3.5 L/yr - ₹5.6 L/yr

arrow icon 21% less
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₹4.2 L/yr - ₹6 L/yr

arrow icon 19% less
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Tata AIA Life Insurance Manager OPS Salary

17 - 20 years exp. (5 salaries)

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₹9.2 L/yr - ₹13 L/yr

arrow icon 90% more
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₹3.4 L/yr - ₹12.8 L/yr

arrow icon 41% more
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Care Health Insurance Manager OPS Salary

4 - 10 years exp. (5 salaries)

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₹3.2 L/yr - ₹4.5 L/yr

arrow icon 33% less
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Empower Manager OPS Salary

12 - 18 years exp. (4 salaries)

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₹14 L/yr - ₹22 L/yr

arrow icon 183% more
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HDFC Ergo General Insurance Manager OPS Salary

12 - 16 years exp. (4 salaries)

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₹8.6 L/yr - ₹10 L/yr

arrow icon 63% more
Manager OPS salary at Kotak Mahindara Life Insurance ranges between ₹4.4 Lakhs to ₹7 Lakhs per year for employees with experience between 9 years to 15 years. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Manager OPS

6mo ago
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15 years exp.
1y ago
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15 years exp.
1y ago
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10 years exp.
1y ago
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14 years exp.
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14 years exp.
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13 years exp.
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9 years exp.
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12 years exp.

Experience wise Kotak Mahindara Life Insurance Manager OPS salaries

Last Updated: 9 Jul 2024

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹10 L/yr
10 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹10.2 L/yr
11 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹6.6 L/yr
12 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹10.6 L/yr
13 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹6.1 L/yr
View all

Salary related reviews for Kotak Mahindara Life Insurance

3.0

Rated by 3 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 03 Aug 2020

3.0
 for  Salary and Benefits

Likes

Work from home facility is been extended to all operations n sales staff .Complete shift to digitalization and online transactions . job security no deduction in salaries also enough support provided to keep yourself safe in this situation whenever need to go to office .

read more
  • Skill development - Good
  • +4 more

Dislikes

Annual package needs to be reviewed as per industry standards

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

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

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 01 May 2024

2.0
 for  Salary and Benefits

Likes

Nothing good to write about.

Dislikes

Can't even count the dislikes. 1. You are never sure that you will get your salary on time. HR can (by mistake) mistakes at time of salary credit. 2. Upper management lies alot. 3. You wont learn anything, if u have ideas of growth and benificial for the company (Forget It) 4. HR is just a word, the people of the department don't know what HR does for a change. 5. You will be promissed alot of things at time of joining, rest assured they are just a myth. This list can go on and on, i just don't wanna waste my time on them anymore.

read more
  • Salary - Poor
  • +6 more

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.

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  • Job security - Excellent
  • +2 more

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

read more
  • Salary - Poor
  • +1 more
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Kotak Mahindara Life Insurance Manager OPS Salary FAQs

What is the salary of Manager OPS at Kotak Mahindara Life Insurance?
Manager OPS salary at Kotak Mahindara Life Insurance in India ranges between ₹4.4 Lakhs to ₹7.0 Lakhs for experience between 9 years to 15 years. According to our estimates it is 50% less than the average Manager OPS Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Manager OPS at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Manager OPS at Kotak Mahindara Life Insurance is 50% less than the average salary of a Manager OPS in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Manager OPS in India?
  • Empower Manager OPS Salary - ₹14.0 Lakhs to ₹22.0 Lakhs per year
  • Tata AIA Life Insurance Manager OPS Salary - ₹9.2 Lakhs to ₹13.0 Lakhs per year
  • HDFC Ergo General Insurance Manager OPS Salary - ₹8.6 Lakhs to ₹10.0 Lakhs per year
  • SBI Life Insurance Company Manager OPS Salary - ₹6.2 Lakhs to ₹11.0 Lakhs per year
  • ICICI Lombard General Insurance Company Manager OPS Salary - ₹3.4 Lakhs to ₹12.8 Lakhs per year
What is the salary of a Manager OPS in companies similar to Kotak Mahindara Life Insurance in India?
  • Max Life Insurance Manager OPS Salary - ₹5.6 Lakhs to ₹9.3 Lakhs per year
  • ICICI Prudential Life Insurance Manager OPS Salary - ₹6.0 Lakhs to ₹8.3 Lakhs per year
  • Aditya Birla Sun Life Insurance Manager OPS Salary - ₹4.2 Lakhs to ₹6.0 Lakhs per year
  • Reliance Nippon Life Insurance Manager OPS Salary - ₹3.5 Lakhs to ₹5.6 Lakhs per year
  • Care Health Insurance Manager OPS Salary - ₹3.2 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Manager OPS at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Manager OPS at Kotak Mahindara Life Insurance ranges between ₹44,625 per month to ₹45,721 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Manager OPS salary in India which ranges between ₹4.4 Lakhs to ₹7.0 Lakhs per year for employees with experience between 9 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Manager OPS at Kotak Mahindara Life Insurance?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Manager OPSs reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Manager OPS salary in India ranges between ₹4.4 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.