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Kotak Mahindara Life Insurance Officer salaries in India

Annual salary range
0 - 11 years exp.
₹3 Lakhs - ₹4.5 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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24% less than the average Officer Salary in Insurance Companies for 0 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Officer Salary
2 - 11 years exp. (4 salaries)
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₹3 L/yr - ₹3.6 L/yr

Customer Success, Service & Operations
Officer Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr

Last Updated: 6 Dec 2024

Companies similar to Kotak Mahindara Life Insurance for Officer

Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹3.9 L/yr

arrow icon 5% less
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HDFC Life Officer Salary

3 - 7 years exp. (6 salaries)

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₹2.2 L/yr - ₹3.6 L/yr

arrow icon 18% less
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SBI Life Insurance Company Officer Salary

0 - 10 years exp. (4 salaries)

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₹2.5 L/yr - ₹4 L/yr

arrow icon 18% less
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Axis Max Life Insurance Officer Salary

2 - 15 years exp. (3 salaries)

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₹2.8 L/yr - ₹12 L/yr

arrow icon 63% more
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Bajaj Allianz Life Insurance Officer Salary

2 - 12 years exp. (5 salaries)

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₹1.2 L/yr - ₹2.8 L/yr

arrow icon 40% less
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₹1.8 L/yr - ₹6.2 L/yr

arrow icon 8% less
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Tata AIA Life Insurance Officer Salary

3 - 7 years exp. (14 salaries)

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₹2.8 L/yr - ₹4.9 L/yr

arrow icon 3% more
2 job openings
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₹1.3 L/yr - ₹3.2 L/yr

arrow icon 49% less
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Star Health & Allied Insurance Officer Salary

0 - 6 years exp. (242 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 31% less
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HDFC Ergo General Insurance Officer Salary

0 - 7 years exp. (9 salaries)

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₹2.9 L/yr - ₹3.2 L/yr

arrow icon 21% less
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₹1.1 L/yr - ₹5.5 L/yr

arrow icon 9% less
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The Oriental Insurance Co. Officer Salary

1 - 2 years exp. (3 salaries)

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₹1.3 L/yr - ₹2 L/yr

arrow icon 58% less
Officer salary at Kotak Mahindara Life Insurance ranges between ₹3 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Officer

1mo ago
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1 year exp.
6mo ago
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5 months exp.
1y ago
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5 years exp.
1y ago
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4 years exp.
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11 years exp.
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2 years exp.

Experience wise Kotak Mahindara Life Insurance Officer salaries

Last Updated: 6 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4.5 L/yr
1 year (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.7 L/yr
2 years (AmbitionBox Estimate)

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₹3 L/yr - ₹6.7 L/yr
3 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹6.6 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

QA Engineer Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
Test Engineer Salary
(4 salaries)
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₹2.75 L/yr - ₹4.5 L/yr
Software Tester Salary
(18 salaries)
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₹1.5 L/yr - ₹5.2 L/yr
Deputy Manager Salary
(947 salaries)
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₹2 L/yr - ₹6.25 L/yr
Quality Manager Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
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₹4 L/yr - ₹15 L/yr
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₹3.85 L/yr - ₹5.17 L/yr
Senior Test Engineer Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Senior Quality Analyst Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
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Salary related reviews for Kotak Mahindara Life Insurance

3.0

Rated by 2 employees for salary & benefits

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

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

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
see more salary related reviews

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Kotak Mahindara Life Insurance Officer Salary FAQs

What is the salary of Officer at Kotak Mahindara Life Insurance?
Officer salary at Kotak Mahindara Life Insurance in India ranges between ₹3.0 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 24% less than the average Officer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Officer at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Officer at Kotak Mahindara Life Insurance is 24% less than the average salary of a Officer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Officer in India?
  • Axis Max Life Insurance Officer Salary - ₹2.8 Lakhs to ₹12.0 Lakhs per year
  • Tata AIA Life Insurance Officer Salary - ₹2.8 Lakhs to ₹4.9 Lakhs per year
What is the salary of a Officer in companies similar to Kotak Mahindara Life Insurance in India?
  • ICICI Prudential Life Insurance Officer Salary - ₹3.0 Lakhs to ₹3.9 Lakhs per year
  • Reliance Nippon Life Insurance Officer Salary - ₹1.8 Lakhs to ₹6.2 Lakhs per year
  • ICICI Lombard General Insurance Company Officer Salary - ₹1.1 Lakhs to ₹5.5 Lakhs per year
  • SBI Life Insurance Company Officer Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
  • HDFC Life Officer Salary - ₹2.2 Lakhs to ₹3.6 Lakhs per year
What is the estimated take home salary of a Officer at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Officer at Kotak Mahindara Life Insurance ranges between ₹26,825 per month to ₹28,236 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Officer salary in India which ranges between ₹3.0 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?
What is the notice period for Officer at Kotak Mahindara Life Insurance?
According to AmbitionBox, 40% of the Kotak Mahindara Life Insurance Officers reported a notice period of 2 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Officer salary in India ranges between ₹3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

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