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Kotak Mahindara Life Insurance Manager salaries in Finance & Accounting in India (Updated 2025)

Annual salary range
0 - 12 years exp.
₹3 Lakhs - ₹8 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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67% less than the average Manager Salary in Insurance Companies for 0 - 12 years of experience

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Last Updated: 3 Apr 2025

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HDFC Ergo General Insurance Manager Salary

4 - 15 years exp. (10 salaries)

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₹6.1 L/yr - ₹14 L/yr

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Aditya Birla Insurance Brokers Manager Salary

4 - 17 years exp. (9 salaries)

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₹5.1 L/yr - ₹11.5 L/yr

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Reliance Nippon Life Insurance Manager Salary

2 - 15 years exp. (7 salaries)

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₹2.8 L/yr - ₹6.5 L/yr

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₹12.3 L/yr - ₹27 L/yr

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Shriram Life Insurance Manager Salary

6 - 15 years exp. (5 salaries)

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₹5.4 L/yr - ₹9.3 L/yr

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Aegon Religare Life Insurance Manager Salary

8 - 11 years exp. (4 salaries)

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₹9.6 L/yr - ₹12 L/yr

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Star Health & Allied Insurance Manager Salary

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₹4 L/yr - ₹12 L/yr

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Manager salary at Kotak Mahindara Life Insurance ranges between ₹3 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 39 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Manager in Finance & Accounting department

2d ago
₹5.1 Lakhs
3 years exp.
3d ago
₹4.5 Lakhs
4 years exp.
1w ago
₹7.6 Lakhs
8 years exp.
1w ago
₹5.9 Lakhs
11 years exp.
1w ago
₹5.9 Lakhs
8 years exp.
1w ago
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8 years exp.
3w ago
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5 years exp.
3w ago
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7 years exp.
3w ago
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10 years exp.
3w ago
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5 years exp.

Experience wise Kotak Mahindara Life Insurance Manager salaries in Finance & Accounting department

Last Updated: 3 Apr 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹3.5 L/yr - ₹8.7 L/yr
1 year  (5 salaries)

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₹3 L/yr - ₹8.9 L/yr
2 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
3 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
View all
Kotak Mahindara Life Insurance Manager Salary and Career Growth

From

To

Manager

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0 - 12 years exp.

Chief Manager

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0 - 17 years exp.

Manager 0 - 12 years exp.
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Senior Manager 0 - 14 years exp.
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arrow icon 32% hike
    Chief Manager 0 - 17 years exp.
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    arrow icon 54% 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

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    (AmbitionBox Estimate)
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    ₹5 L/yr - ₹6.4 L/yr
    Deputy Manager Salary
    (761 salaries)
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    ₹2 L/yr - ₹5.74 L/yr
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    ₹1 L/yr - ₹4 L/yr
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    ₹2.7 L/yr - ₹6.33 L/yr
    Senior Analyst Salary
    (AmbitionBox Estimate)
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    ₹4.9 L/yr - ₹6.2 L/yr
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    ₹2.8 L/yr - ₹3.51 L/yr
    Financial Analyst Salary
    (AmbitionBox Estimate)
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    ₹4.4 L/yr - ₹5.6 L/yr
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    ₹2.4 L/yr - ₹6.1 L/yr
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    ₹3.5 L/yr - ₹4.35 L/yr
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    ₹24 L/yr - ₹65 L/yr

    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

    3.0

    Rated by 3 employees for salary & benefits

    Full Time

     · 

    Other Department

    1.0
      •  posted on 19 Jul 2023

    1.0
     for  Salary and Benefits

    Likes

    Other than job security there is nothing positive.Job security is there due high attrition & new people hardly join.

    Dislikes

    ... mails.Its better to stay jobless than work over here.Its not a job it's a scam.People are forced to pay money from their own pockets regularly.Its a complete mess.

    read more
    • Salary - Bad
    • +4 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    5.0
      •  posted on 22 Apr 2023

    3.0
     for  Salary and Benefits

    Likes

    Work life balance was really good, Had good Growth with 3Promotions in 8years Allowed WFH during Covid Situation Good Learning in Personality development and Management.

    read more
    • Skill development - Good
    • +2 more

    Dislikes

    Salary not upto the market standards Internal Politics with bith HO & Regional levels. Growth stagnant after certain levels due to Comfort Zone of Regional Level Managers. No proper Clarity on appraisal based on our performance.

    read more

    BFSI, Investments & Trading Department

    3.0
      •  posted on 06 Jan 2022

    4.0
     for  Salary and Benefits

    Likes

    Working from last 5+ years very good experience. Lots of things which I don't know I learn here. Company culture also good job security depends on your performance as I am in sales you no the pressure. Not much pressure compare to other companies. Company employee policies are best good benifits.

    read more
    • Salary - Good
    • +3 more

    Dislikes

    Management does not address our issues. salary is decent but career growth is slow after giving year to year outstanding performance.

    read more

    BFSI, Investments & Trading Department

    4.0
      •  posted on 10 Mar 2022

    3.0
     for  Salary and Benefits

    Likes

    Kotak Life is good option for those who wants a average salary in their home town and don't want any promotions. Overall Management is good.

    read more
    • Skill development - Good
    • +2 more

    Dislikes

    Work-life balance is not up to the mark. You will not going to get desired increment and promotions also after serving a lot for the company for 5-6 years.

    read more
    • Promotions - Poor

    Customer Success, Service & Operations Department

    5.0
      •  posted on 04 Feb 2020

    3.0
     for  Salary and Benefits

    Likes

    Company is very good , IT support and company culture is very good , proper tranning is provided flexible working hour is provided .

    read more
    • Skill development - Excellent
    • +4 more

    Dislikes

    ...rowth. Company is far away from goregaon stations and paid bus service is there. Compensation is low as per maket.

    read more
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    Kotak Mahindara Life Insurance Manager salary in Finance & Accounting department in India ranges between ₹3 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 39 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.