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Kotak Mahindara Life Insurance Operations Executive salaries in India (Updated 2025)

Annual salary range
0 - 6 years exp.
₹2.2 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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At par with the average Operations Executive Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Operations Executive Salary
1 - 5 years exp. (6 salaries)
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₹2.2 L/yr - ₹4.5 L/yr

BFSI, Investments & Trading
Operations Executive Salary
0 - 4 years exp. (4 salaries)
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₹2.5 L/yr - ₹3 L/yr

Finance & Accounting
Operations Executive Salary
2 - 4 years exp. (4 salaries)
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₹3.3 L/yr - ₹3.7 L/yr

Last Updated: 21 Mar 2025

Companies similar to Kotak Mahindara Life Insurance for Operations Executive

Company name Avg Annual Salary Open Jobs
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₹1.1 L/yr - ₹4.3 L/yr

At par
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₹1.7 L/yr - ₹4.6 L/yr

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₹1 L/yr - ₹4.5 L/yr

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₹1 L/yr - ₹4.4 L/yr

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HDFC Life Operations Executive Salary

0 - 8 years exp. (63 salaries)

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₹1.4 L/yr - ₹4 L/yr

arrow icon 8% less
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₹2.1 L/yr - ₹5.5 L/yr

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₹1.7 L/yr - ₹3.6 L/yr

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₹1.3 L/yr - ₹7 L/yr

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₹2 L/yr - ₹3.9 L/yr

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₹1.5 L/yr - ₹4 L/yr

arrow icon 18% less
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₹1.5 L/yr - ₹3.8 L/yr

arrow icon 13% less
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₹2.3 L/yr - ₹3.8 L/yr

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₹2.6 L/yr - ₹4 L/yr

arrow icon 12% more
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₹1.7 L/yr - ₹4.8 L/yr

arrow icon 12% less
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₹1.8 L/yr - ₹2.3 L/yr

arrow icon 35% less
Operations Executive salary at Kotak Mahindara Life Insurance ranges between ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 20 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Operations Executive

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Experience wise Kotak Mahindara Life Insurance Operations Executive salaries

Last Updated: 21 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3 L/yr - ₹3.2 L/yr
1 year  (4 salaries)

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₹2.2 L/yr - ₹3.3 L/yr
2 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.7 L/yr
3 years  (3 salaries)

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₹1.2 L/yr - ₹4.5 L/yr
4 years  (4 salaries)

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₹2.5 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹1.8 L/yr - ₹3.8 L/yr
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₹2.65 L/yr - ₹9 L/yr
Operations Analyst Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr
MIS Executive Salary
(44 salaries)
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₹1.5 L/yr - ₹5 L/yr
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₹1.2 L/yr - ₹4 L/yr
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₹2 L/yr - ₹7 L/yr
Customer Service Executive Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
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₹2.8 L/yr - ₹3.51 L/yr
Senior Officer Salary
(3 salaries)
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₹2 L/yr - ₹6.5 L/yr
Team Lead Salary
(34 salaries)
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₹1.2 L/yr - ₹6.95 L/yr

Top skills at Kotak Mahindara Life Insurance for Operations Executive

Operations Customer Service email process Insurance Operations Policy Servicing Claim Settlement Policy Issuance Branch Operations Life Insurance Closing Excel MIS Reporting Communication Customer Handling Macros

Salary related reviews for Kotak Mahindara Life Insurance

2.4

Rated by 11 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

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..

read more

Dislikes

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

  • Salary - Bad
  • +6 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
see more salary related reviews

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Kotak Mahindara Life Insurance Operations Executive Salary FAQs

What is the salary of Operations Executive at Kotak Mahindara Life Insurance ?
The average salary of a Operations Executive at Kotak Mahindara Life Insurance in India typically ranges from ₹2.2 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Operations Executive at Kotak Mahindara Life Insurance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Operations Executive 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 20+ Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Operations Executive at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Operations Executive at Kotak Mahindara Life Insurance in India typically ranges from ₹22,046 to ₹23,529 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 6 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 20+ salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Operations Executive at Kotak Mahindara Life Insurance ?
To be a Operations Executive at Kotak Mahindara Life Insurance in india, the key skills required include:

  • - Operations
  • - Customer Service
  • - email process
  • - Insurance Operations
  • - Policy Servicing

These skills are highly valued at Kotak Mahindara Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Kotak Mahindara Life Insurance for Operations Executive in India?
Tata AIA Life Insurance ₹1.3 Lakhs to ₹7.0 Lakhs per year
SBI Life Insurance Company ₹2.1 Lakhs to ₹5.5 Lakhs per year
Kotak Mahindra General Insurance ₹2.6 Lakhs to ₹4.0 Lakhs per year
HDFC Ergo General Insurance ₹1.7 Lakhs to ₹4.6 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 Operations Executive in companies similar to Kotak Mahindara Life Insurance in India?
The salary of a Operations Executive 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:

Axis Max Life Insurance ₹1.1 Lakhs to ₹4.3 Lakhs per year
Bajaj Allianz Life Insurance ₹1.0 Lakhs to ₹4.4 Lakhs per year
Star Health & Allied Insurance ₹2.0 Lakhs to ₹3.9 Lakhs per year
HDFC Life ₹1.4 Lakhs to ₹4.0 Lakhs per year
ICICI Lombard General Insurance Company ₹1.0 Lakhs to ₹4.5 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 Operations Executive at Kotak Mahindara Life Insurance in India?
The salary growth for a Operations Executive at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a Operations Executive can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
Fresher ₹3.0 Lakhs to ₹3.2 Lakhs per year
1 year ₹2.2 Lakhs to ₹3.3 Lakhs per year
2 years ₹1.2 Lakhs to ₹3.7 Lakhs per year
3 years ₹1.2 Lakhs to ₹4.5 Lakhs per year
and so on.

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Kotak Mahindara Life Insurance Operations Executive salary in India ranges between ₹2.2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.