Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Kotak Mahindara Life Insurance Team. If you also belong to the team, you can get access from here
filter salariesFilter salaries by

Kotak Mahindara Life Insurance Officer salaries in India

Annual salary range
0 - 11 years exp.
₹3 Lakhs - ₹4.5 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

24% less than the average Officer Salary in Insurance Companies for 0 - 11 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Officer Salary
2 - 11 years exp. (4 salaries)
unlock-blur

₹3 L/yr - ₹3.6 L/yr

Customer Success, Service & Operations
Officer Salary
0 - 1 year exp. (AmbitionBox Estimate)
unlock-blur

₹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
Logo
Star Health & Allied Insurance Officer Salary

0 - 6 years exp. (204 salaries)

unlock blur

₹1.3 L/yr - ₹4 L/yr

arrow icon 29% less
Logo
Tata AIA Life Insurance Officer Salary

3 - 7 years exp. (14 salaries)

unlock blur

₹2.8 L/yr - ₹4.9 L/yr

arrow icon 3% more
2 job openings
Logo
HDFC Ergo General Insurance Officer Salary

0 - 7 years exp. (9 salaries)

unlock blur

₹2.9 L/yr - ₹3.2 L/yr

arrow icon 21% less
unlock blur

₹1.1 L/yr - ₹5.5 L/yr

arrow icon 9% less
Logo
HDFC Life Officer Salary

3 - 7 years exp. (6 salaries)

unlock blur

₹2.2 L/yr - ₹3.6 L/yr

arrow icon 18% less
unlock blur

₹3 L/yr - ₹3.9 L/yr

arrow icon 5% less
Logo
Bajaj Allianz Life Insurance Officer Salary

2 - 12 years exp. (5 salaries)

unlock blur

₹1.2 L/yr - ₹2.8 L/yr

arrow icon 40% less
Logo
SBI Life Insurance Company Officer Salary

0 - 10 years exp. (4 salaries)

unlock blur

₹2.5 L/yr - ₹4 L/yr

arrow icon 18% less
Logo
unlock blur

₹1.8 L/yr - ₹6.2 L/yr

arrow icon 8% less
Logo
Axis Max Life Insurance Officer Salary

2 - 15 years exp. (3 salaries)

unlock blur

₹2.8 L/yr - ₹12 L/yr

arrow icon 63% more
Logo
The Oriental Insurance Co. Officer Salary

1 - 2 years exp. (3 salaries)

unlock blur

₹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
avg blur mobile
1 year exp.
6mo ago
avg blur mobile
5 months exp.
1y ago
avg blur mobile
5 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
11 years exp.
1y ago
avg blur mobile
2 years exp.

Experience wise Kotak Mahindara Life Insurance Officer salaries

Last Updated: 6 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

unlock blur

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

unlock blur

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

unlock blur

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

unlock blur

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

unlock blur

₹3 L/yr - ₹6.6 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

QA Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹8.1 L/yr - ₹10.4 L/yr
Test Engineer Salary
(4 salaries)
unlock blur
₹2.75 L/yr - ₹4.5 L/yr
Software Tester Salary
(18 salaries)
unlock blur
₹1.5 L/yr - ₹5.2 L/yr
Deputy Manager Salary
(762 salaries)
unlock blur
₹2 L/yr - ₹5.69 L/yr
Quality Manager Salary
(AmbitionBox Estimate)
unlock blur
₹7.2 L/yr - ₹9.2 L/yr
unlock blur
₹4 L/yr - ₹15 L/yr
unlock blur
₹3.85 L/yr - ₹5.17 L/yr
Senior Test Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹5.4 L/yr - ₹6.9 L/yr
Senior Quality Analyst Salary
(AmbitionBox Estimate)
unlock blur
₹3.6 L/yr - ₹4.6 L/yr

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

Discover interview dos and don'ts from real experiences

Kotak Mahindara Life Insurance Officer Salary FAQs

What is the salary of Officer at Kotak Mahindara Life Insurance ?
The average salary of a Officer at Kotak Mahindara Life Insurance in India typically ranges from ₹3.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Officer at Kotak Mahindara Life Insurance earn more than ₹4.4 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Officer Salaries at Kotak Mahindara Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Kotak Mahindara Life Insurance employees in India.
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 in India typically ranges from ₹26,825 to ₹28,236 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Kotak Mahindara Life Insurance for Officer in India?
Axis Max Life Insurance ₹2.8 Lakhs to ₹12.0 Lakhs per year
Tata AIA Life Insurance ₹2.8 Lakhs to ₹4.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindara Life Insurance, depending on the role and experience level.
What is the salary of a Officer in companies similar to Kotak Mahindara Life Insurance in India?
The salary of a Officer at companies similar to Kotak Mahindara Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance ₹3.0 Lakhs to ₹3.9 Lakhs per year
Reliance Nippon Life Insurance ₹1.8 Lakhs to ₹6.2 Lakhs per year
ICICI Lombard General Insurance Company ₹1.1 Lakhs to ₹5.5 Lakhs per year
SBI Life Insurance Company ₹2.5 Lakhs to ₹4.0 Lakhs per year
HDFC Life ₹2.2 Lakhs to ₹3.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Officer at Kotak Mahindara Life Insurance in India?
The salary growth for a Officer at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a Officer can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
Fresher ₹1.5 Lakhs to ₹4.5 Lakhs per year
1 year ₹3.5 Lakhs to ₹6.7 Lakhs per year
2 years ₹3.0 Lakhs to ₹6.7 Lakhs per year
3 years ₹3.3 Lakhs to ₹4.2 Lakhs per year
and so on.

Tell us how to improve this page.

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.