Kotak Mahindara Life Insurance Operating Manager Salaries by 4 Employees (Updated 2025)

3 - 8 years exp.

₹4 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

58% less than the average Operating Manager Salary in Insurance Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Operating Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
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Customer Success, Service & Operations Operating Manager Salary 8 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 11 Jul 2024

Companies similar to Kotak Mahindara Life Insurance for Operating Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Operating Manager Salary 0 - 15 years exp. (3 salaries)	₹2 L/yr - ₹5 L/yr 22% less
ICICI Lombard General Insurance Company Operating Manager Salary 4 - 10 years exp. (9 salaries)	₹2.7 L/yr - ₹5.6 L/yr 1% more
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Care Health Insurance Operating Manager Salary 1 - 16 years exp. (4 salaries)	₹1.5 L/yr - ₹9.1 L/yr 23% more
Genpact Operating Manager Salary 8 - 16 years exp. (24 salaries)	₹7.6 L/yr - ₹14 L/yr 153% more
ICICI Bank Operating Manager Salary 2 - 8 years exp. (14 salaries)	₹2.6 L/yr - ₹8.5 L/yr 9% more

Operating Manager salary at Kotak Mahindara Life Insurance ranges between ₹4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Operating Manager salaries

Last Updated: 11 Jul 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Operations Manager Salary

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₹2.65 L/yr - ₹8.5 L/yr

Service Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Team Manager Salary

(13 salaries)

₹1.2 L/yr - ₹8.73 L/yr

Branch Manager Salary

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₹5 L/yr - ₹13 L/yr

Area Manager Salary

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Deputy Manager Salary

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₹2 L/yr - ₹5.69 L/yr

Program Manager Salary

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Store Manager Salary

(AmbitionBox Estimate)

₹25.7 L/yr - ₹32.8 L/yr

Project Manager Salary

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₹6.5 L/yr - ₹22 L/yr

Cluster Manager Salary

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₹4.96 L/yr - ₹12.5 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

Deputy Manager in Mumbai

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

Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 17 Feb 2023

1.0

for Salary and Benefits

Likes

... here 2yrs and they continue lied to me and us.. They have comission based job.. they will never give you any kind of salary..

Dislikes

I like nothing about them.. I m with my word..

Deputy Manager in Thane

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

Deputy Manager in Mumbai

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.

Dislikes

Politics.low or no salary hike. Appraise are not done fairly. No defined timing to work.

Team Manager in Kolkata

Customer Success, Service & Operations Department

1.0

• posted on 23 May 2019

1.0

for Salary and Benefits

Likes

They are misleading youth.... They dont pay a single penny or salary until and unless candidate got promoted to the next level.. totally worst... Why someone works for them free of cost... Totally worst.....

Dislikes

Nothing is good.... Totally bad. Don't give a salary rather forces candidates to do policies..

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindara Life Insurance Operating Manager Salary FAQs

What is the salary of Operating Manager at Kotak Mahindara Life Insurance?

Operating Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹4.0 Lakhs to ₹4.5 Lakhs for experience between 3 years to 8 years. According to our estimates it is 58% less than the average Operating Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance India.

How does the salary of a Operating Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?

The average salary of a Operating Manager at Kotak Mahindara Life Insurance is 58% less than the average salary of a Operating Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindara Life Insurance to a Operating Manager in India?

Genpact Operating Manager Salary - ₹7.6 Lakhs to ₹14.0 Lakhs per year
Care Health Insurance Operating Manager Salary - ₹1.5 Lakhs to ₹9.1 Lakhs per year
ICICI Bank Operating Manager Salary - ₹2.6 Lakhs to ₹8.5 Lakhs per year
ICICI Lombard General Insurance Company Operating Manager Salary - ₹2.7 Lakhs to ₹5.6 Lakhs per year

What is the salary of a Operating Manager in companies similar to Kotak Mahindara Life Insurance in India?

Bajaj Allianz Life Insurance Operating Manager Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Operating Manager at Kotak Mahindara Life Insurance in India?

The estimated take-home salary of a Operating Manager at Kotak Mahindara Life Insurance ranges between ₹31,539 per month to ₹32,830 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Operating Manager salary in India which ranges between ₹4.0 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Operating Manager at Kotak Mahindara Life Insurance?

According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Operating Managers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Operating Manager Salaries

Kotak Mahindara Life Insurance Operating Manager salary in India ranges between ₹4 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.