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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Operations salaries in India

Annual salary range
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₹2 Lakhs - ₹2.7 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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33% less than the average Operations Salary in Insurance Companies for 5 years of experience

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Last Updated: 8 Mar 2023

Companies similar to Kotak Mahindara Life Insurance for Operations

Company name Avg Annual Salary Open Jobs
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HDFC Life Operations Salary

3 - 6 years exp. (4 salaries)

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₹2.8 L/yr - ₹4 L/yr

arrow icon 30% more
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SBI Life Insurance Company Operations Salary

1 - 10 years exp. (13 salaries)

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₹2.4 L/yr - ₹5 L/yr

arrow icon 38% more
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₹2.2 L/yr - ₹3 L/yr

arrow icon 13% more
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₹2 L/yr - ₹2.8 L/yr

arrow icon 5% less
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₹1.8 L/yr - ₹2.3 L/yr

arrow icon 19% less
Operations salary at Kotak Mahindara Life Insurance ranges between ₹2 Lakhs to ₹2.7 Lakhs per year for employees with 5 years of experience. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Operations

1y ago
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5 years exp.

Experience wise Kotak Mahindara Life Insurance Operations salaries

Last Updated: 8 Mar 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Deputy Manager Salary
(938 salaries)
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₹2 L/yr - ₹5.69 L/yr
Chief Manager Salary
(430 salaries)
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₹5.1 L/yr - ₹19 L/yr
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₹6.5 L/yr - ₹25.32 L/yr
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₹1 L/yr - ₹6.68 L/yr
Managing Partner Salary
(118 salaries)
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₹2.5 L/yr - ₹6.75 L/yr
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₹3.6 L/yr - ₹6.5 L/yr
Agency Partner Salary
(81 salaries)
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₹1 L/yr - ₹7.95 L/yr
Life Advisor Salary
(80 salaries)
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₹1 L/yr - ₹6.1 L/yr
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₹3 L/yr - ₹5 L/yr
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₹2.25 L/yr - ₹3.8 L/yr

Top skills at Kotak Mahindara Life Insurance for Operations

Operations Life Insurance Branch Operations Policy Servicing New Business

Salary related reviews for Kotak Mahindara Life Insurance

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Aug 2024

2.0
 for  Salary and Benefits

Likes

Kotak Life learning with colleagues and seniors, helpful people. New innovations happening in business and product teams.

read more

Dislikes

Human Resources and employees understanding. Human resource donot do anything for employees just gives threat on every occasion to employees for salary hold. New generation should not join this company as ther are better HR polices elsewhere Some department like IT areas slow,no future thought processes. As HR polices are so bad that even your managers and head of department are weak and toothless for any new initiatives

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 14 May 2024

1.0
 for  Salary and Benefits

Likes

Job Security

Dislikes

Top Most Management in this company is worst; decision-making skills are very low Salary packages are very low for junior profiles but there work load is huge as compared with there senior profiles. Zero salary hikes and annual bonuses also depend on your boss; if he wants to give you 100,000, you will get it; if he wants to give you 10,000, that is your bonus. Huge package difference between senior boss and junior employees (ex., senior . Sr. boss package is above 30 Lacs but junior package is below 5 Lacs), Very little appreciation employees

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Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 04 Apr 2024

3.0
 for  Salary and Benefits

Likes

Work life balance is okay. Good place to work in. Maximum professionally qualified employees.

Dislikes

No Employee benefits. Salary lower than industry standards. No comp off. Politics (common in every organisation) No work from home.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 27 Jul 2023

5.0
 for  Salary and Benefits

Likes

HR support is very good.. Salary amd Incentive payout

Dislikes

Kotak is big brand to work but few of the Senior Managers made the work culture worst just for their benefits... They doesn't have feelings about the pain of employees.

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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
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Kotak Mahindara Life Insurance Operations Salary FAQs

What is the salary of Operations at Kotak Mahindara Life Insurance?
Operations salary at Kotak Mahindara Life Insurance in India ranges between ₹2.0 Lakhs to ₹2.7 Lakhs for 5 years of experience. According to our estimates it is 33% less than the average Operations 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 Operations at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Operations at Kotak Mahindara Life Insurance is 33% less than the average salary of a Operations in India. To know exact salary insights, login to view.
What are the top skills required to work as a Operations at Kotak Mahindara Life Insurance?
Operations, Life Insurance, Branch Operations, Policy Servicing and New Business are some of the popular skills required to work as a Operations at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Operations in India?
  • SBI Life Insurance Company Operations Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
  • HDFC Life Operations Salary - ₹2.8 Lakhs to ₹4.0 Lakhs per year
  • Bajaj Allianz Life Insurance Operations Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year
What is the salary of a Operations in companies similar to Kotak Mahindara Life Insurance in India?
  • Reliance Nippon Life Insurance Operations Salary - ₹2.0 Lakhs to ₹2.8 Lakhs per year
  • Star Health & Allied Insurance Operations Salary - ₹1.8 Lakhs to ₹2.3 Lakhs per year
What is the estimated take home salary of a Operations at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Operations at Kotak Mahindara Life Insurance ranges between ₹16,642 per month to ₹18,352 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Operations salary in India which ranges between ₹2.0 Lakhs to ₹2.7 Lakhs per year for employees with 5 years of experience. Check how did we calculate take home salary?

Tell us how to improve this page.

Kotak Mahindara Life Insurance Operations salary in India ranges between ₹2 Lakhs to ₹2.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.