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Company is very good , IT support and company culture is very good , proper tranning is provided flexible working hour is provided .
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Annual salary range
0 - 12 years exp.
₹2.4
Lakhs - ₹8.5
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary65% less than the average Manager Salary in Insurance Companies for 0 - 12 years of experience
Interested in this particular role? 3 job openings
Salaries in different departments
BFSI, Investments & Trading
Manager Salary
0 - 12
years
exp.
(83
salaries)
|  ₹3.5 L/yr - ₹8 L/yr |
Customer Success, Service & Operations
Manager Salary
0 - 11
years
exp.
(53
salaries)
| ₹4 L/yr - ₹8.5 L/yr |
Login to view exact salary
| |
Finance & Accounting
Manager Salary
0 - 12
years
exp.
(29
salaries)
| ₹2.4 L/yr - ₹7.4 L/yr |
Sales & Business Development
Manager Salary
0 - 10
years
exp.
(22
salaries)
| ₹3.5 L/yr - ₹7.6 L/yr |
Marketing & Communication
Manager Salary
1 - 11
years
exp.
(5
salaries)
| ₹3.5 L/yr - ₹6.5 L/yr |
Companies similar to Kotak Mahindara Life Insurance for Manager in Mumbai
Kotak Mahindara Life Insurance
Manager Salary
0 - 12 years exp. (245 salaries) |  ₹2.4 L/yr - ₹8.5 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Manager Salary
1 - 16 years exp. (246 salaries) | ₹5.6 L/yr - ₹16.8 L/yr 
68%
more | |
 ICICI Prudential Life Insurance Manager Salary
1 - 13 years exp. (170 salaries) | ₹4 L/yr - ₹12.2 L/yr
38%
more | |
Login to view exact salary
| ||
 SBI Life Insurance Company Manager Salary
3 - 20 years exp. (156 salaries) | ₹5.2 L/yr - ₹17 L/yr
100%
more | |
 Max Life Insurance Manager Salary
4 - 15 years exp. (22 salaries) | ₹4 L/yr - ₹15 L/yr
55%
more | 9 job openings |
 Bajaj Allianz Life Insurance Manager Salary
2 - 15 years exp. (35 salaries) | ₹8.4 L/yr - ₹20 L/yr
130%
more | 1 job opening |
 Tata AIA Life Insurance Manager Salary
4 - 18 years exp. (152 salaries) | ₹6.7 L/yr - ₹26 L/yr
183%
more | 9 job openings |
 HDFC Ergo General Insurance Manager Salary
4 - 16 years exp. (148 salaries) | ₹4.5 L/yr - ₹15 L/yr
75%
more | |
 ICICI Lombard General Insurance Company Manager Salary
0 - 14 years exp. (129 salaries) | ₹3.5 L/yr - ₹13.1 L/yr
32%
more | |
 Aditya Birla Sun Life Insurance Manager Salary
0 - 12 years exp. (107 salaries) | ₹4.8 L/yr - ₹18 L/yr
87%
more | |
 Reliance Nippon Life Insurance Manager Salary
2 - 16 years exp. (59 salaries) | ₹3.2 L/yr - ₹11.7 L/yr
22%
more | |
 PNB MetLife Manager Salary
6 - 17 years exp. (33 salaries) | ₹4.5 L/yr - ₹15.5 L/yr
91%
more | 1 job opening |
Login to view exact salary
| ||
 Aditya Birla Insurance Brokers Manager Salary
5 - 17 years exp. (30 salaries) | ₹5.1 L/yr - ₹15 L/yr
62%
more | |
 Kotak Mahindra General Insurance Manager Salary
4 - 13 years exp. (27 salaries) | ₹3.8 L/yr - ₹8.6 L/yr
20%
more | |
 Care Health Insurance Manager Salary
0 - 10 years exp. (8 salaries) | ₹3.4 L/yr - ₹7 L/yr 
9%
less | |
 Gallagher Manager Salary
8 - 13 years exp. (3 salaries) | ₹10.1 L/yr - ₹14 L/yr
104%
more | |
 Life Insurance Corporation of India Manager Salary
3 - 17 years exp. (3 salaries) | ₹5.1 L/yr - ₹9.9 L/yr
33%
more | |
 Star Health & Allied Insurance Manager Salary
1 - 8 years exp. (3 salaries) | ₹3.2 L/yr - ₹8 L/yr
10%
more | |
Manager salary at Kotak Mahindara Life Insurance ranges between ₹2.4
Lakhs
to ₹8.5
Lakhs
per year for employees with less than 1 year of experience to 12 years. Salary
estimates are based on
245 latest salaries received
from various employees of Kotak Mahindara Life Insurance.
Latest annual salaries shared by Kotak Mahindara Life Insurance Manager in Mumbai
1w ago
11
years
exp.
1w ago
5
years
exp.
1w ago
3
years
exp.
1w ago
8
years
exp.
1w ago
4
years
exp.
2w ago
8
years
exp.
2w ago
9
years
exp.
3w ago
9
years
exp.
3w ago
7
years
exp.
3w ago
6
years
exp.
Experience wise Kotak Mahindara Life Insurance Manager salaries in Mumbai
Last Updated: 12 Dec 2024
| Experience | Avg Annual Salary |
|---|---|
| Fresher (5 salaries) |
₹3.5
L/yr
- ₹5.8
L/yr
|
| 1 year (9 salaries) |
₹3.5
L/yr
- ₹5.4
L/yr
|
Login to view exact salary
| |
| 2 years (13 salaries) |
₹3.9
L/yr
- ₹5.6
L/yr
|
| 3 years (13 salaries) |
₹2.4
L/yr
- ₹6.6
L/yr
|
| 4 years (17 salaries) |
₹3
L/yr
- ₹6
L/yr
|
View all
Kotak Mahindara Life Insurance Manager
Salary and Career Growth
From
To
Manager
₹
Lakhs/yr
Lakhs/yr
0 - 12 years exp.
Chief Manager
₹
Lakhs/yr
Lakhs/yr
0 - 17 years exp.
Manager
0 -
12
years
exp.
Senior Manager
1 -
14
years
exp.
25% hike
Chief Manager
0 -
17
years
exp.
61% hike
Disclaimer: Our data limits
the visualization of this career path at this point. However, other roles and
opportunities might be available within the organization beyond what is shown
here.
Similar Designation salaries in Kotak Mahindara Life Insurance
Top skills at Kotak Mahindara Life Insurance for Manager
Life Insurance
Business Development
Sales
Bancassurance
Relationship Management
Salary related reviews for Kotak Mahindara Life Insurance
Discover interview dos and don'ts from real experiences
Top trending discussions
View All
Salary Discussions, Hike & Promotions
2w
a technical project manager
Deadend
Hi,
I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA.
I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation.
I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component.
I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this.
What should be my next move?
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Kotak Mahindara Life Insurance Manager Salary FAQs
What is the salary of Manager at Kotak Mahindara Life Insurance Mumbai?
Manager salary at Kotak Mahindara Life Insurance in Mumbai ranges between ₹2.4 Lakhs to ₹8.5 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 65% less than the average Manager Salary in India. Salary estimates are based on 245 latest salaries received from various employees of Kotak Mahindara Life Insurance Mumbai.
How does the salary of a Manager at Kotak Mahindara Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Manager at Kotak Mahindara Life Insurance is 65% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Manager at Kotak Mahindara Life Insurance?
Life Insurance, Business Development, Sales, Bancassurance and Relationship Management are some of the popular skills required to work as a Manager at Kotak Mahindara Life Insurance Mumbai.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Manager in Mumbai?
- Tata AIA Life Insurance Manager Salary - ₹6.7 Lakhs to ₹26.0 Lakhs per year
- Bajaj Allianz Life Insurance Manager Salary - ₹8.4 Lakhs to ₹20.0 Lakhs per year
- Gallagher Manager Salary - ₹10.1 Lakhs to ₹14.0 Lakhs per year
- SBI Life Insurance Company Manager Salary - ₹5.2 Lakhs to ₹17.0 Lakhs per year
- PNB MetLife Manager Salary - ₹4.5 Lakhs to ₹15.5 Lakhs per year
What is the salary of a Manager in companies similar to Kotak Mahindara Life Insurance in Mumbai?
- Aditya Birla Sun Life Insurance Manager Salary - ₹4.8 Lakhs to ₹18.0 Lakhs per year
- HDFC Ergo General Insurance Manager Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
- HDFC Life Manager Salary - ₹5.6 Lakhs to ₹16.8 Lakhs per year
- Aditya Birla Insurance Brokers Manager Salary - ₹5.1 Lakhs to ₹15.0 Lakhs per year
- Max Life Insurance Manager Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
What is the estimated take home salary of a Manager at Kotak Mahindara Life Insurance in Mumbai?
The estimated take-home salary of a Manager at Kotak Mahindara Life Insurance ranges between ₹42,713 per month to ₹43,838 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Manager salary in India which ranges between ₹2.4 Lakhs to ₹8.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?
What is the notice period for Manager at Kotak Mahindara Life Insurance in Mumbai?
According to AmbitionBox, 65% of the Kotak Mahindara Life Insurance Managers in Mumbai reported a notice period of 3 Months, 16% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 172 responses on AmbitionBox in last 2 years.
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Kotak Mahindara Life Insurance Manager salary
in
Mumbai
ranges between ₹2.4
Lakhs to ₹8.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
245
Kotak Mahindara Life Insurance latest salaries received from various employees of
Kotak Mahindara Life Insurance.