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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Operations Executive salaries in Mumbai

Annual salary range
1 - 6 years exp.
₹2.5 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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5% more than the average Operations Executive Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Operations Executive Salary
1 - 4 years exp. (3 salaries)
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₹2.5 L/yr - ₹3.7 L/yr

Customer Success, Service & Operations
Operations Executive Salary
3 - 5 years exp. (3 salaries)
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₹3.3 L/yr - ₹4.5 L/yr

Finance & Accounting
Operations Executive Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹3.7 L/yr

Last Updated: 31 Aug 2024

Companies similar to Kotak Mahindara Life Insurance for Operations Executive in Mumbai

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Kotak Mahindara Life Insurance Operations Executive Salary

1 - 6 years exp. (9 salaries)

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₹2.5 L/yr - ₹4.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1.6 L/yr - ₹3.7 L/yr

arrow icon 17% less
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HDFC Life Operations Executive Salary

4 - 7 years exp. (5 salaries)

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₹2 L/yr - ₹3.3 L/yr

arrow icon 15% less
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₹3.5 L/yr - ₹5.5 L/yr

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₹1.2 L/yr - ₹3.2 L/yr

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₹2.6 L/yr - ₹3.5 L/yr

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₹2.5 L/yr - ₹3 L/yr

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₹2.4 L/yr - ₹3.8 L/yr

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₹3 L/yr - ₹6.1 L/yr

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PNB MetLife Operations Executive Salary

2 - 5 years exp. (3 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 23% less
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₹1 L/yr - ₹4.3 L/yr

arrow icon 17% less
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₹1.8 L/yr - ₹4.1 L/yr

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₹2.4 L/yr - ₹5 L/yr

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Operations Executive salary at Kotak Mahindara Life Insurance ranges between ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Operations Executive in Mumbai

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Experience wise Kotak Mahindara Life Insurance Operations Executive salaries in Mumbai

Last Updated: 31 Aug 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.8 L/yr - ₹5.8 L/yr
2 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.7 L/yr
3 years  (3 salaries)

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₹1.3 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.9 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

MIS Executive Salary
(30 salaries)
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₹1.3 L/yr - ₹5 L/yr
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₹2.4 L/yr - ₹4.5 L/yr
Team Lead Salary
(7 salaries)
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₹2.4 L/yr - ₹6 L/yr
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₹3.09 L/yr - ₹7.2 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

1.9

Rated by 3 employees for salary & benefits

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..

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

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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.

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Dislikes

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

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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.

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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

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

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."

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Kotak Mahindara Life Insurance Operations Executive Salary FAQs

What is the salary of Operations Executive at Kotak Mahindara Life Insurance Mumbai?
Operations Executive salary at Kotak Mahindara Life Insurance in Mumbai ranges between ₹2.5 Lakhs to ₹4.5 Lakhs for experience between 1 years to 6 years. According to our estimates it is 5% more than the average Operations Executive Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindara Life Insurance Mumbai.
How does the salary of a Operations Executive at Kotak Mahindara Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Operations Executive at Kotak Mahindara Life Insurance is 5% more than the average salary of a Operations Executive in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Operations Executive at Kotak Mahindara Life Insurance?
Operations, Customer Service, email process, Insurance Operations and Policy Servicing are some of the popular skills required to work as a Operations Executive at Kotak Mahindara Life Insurance Mumbai.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Operations Executive in Mumbai?
  • Tata AIA Life Insurance Operations Executive Salary - ₹3.0 Lakhs to ₹6.1 Lakhs per year
  • SBI Life Insurance Company Operations Executive Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
  • HDFC Ergo General Insurance Operations Executive Salary - ₹1.8 Lakhs to ₹4.1 Lakhs per year
What is the salary of a Operations Executive in companies similar to Kotak Mahindara Life Insurance in Mumbai?
  • Star Health & Allied Insurance Operations Executive Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
  • Max Life Insurance Operations Executive Salary - ₹1.2 Lakhs to ₹3.2 Lakhs per year
  • Aditya Birla Sun Life Insurance Operations Executive Salary - ₹2.4 Lakhs to ₹3.8 Lakhs per year
  • Reliance Nippon Life Insurance Operations Executive Salary - ₹2.5 Lakhs to ₹3.0 Lakhs per year
  • Bajaj Allianz Life Insurance Operations Executive Salary - ₹2.6 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Operations Executive at Kotak Mahindara Life Insurance in Mumbai?
The estimated take-home salary of a Operations Executive at Kotak Mahindara Life Insurance ranges between ₹23,401 per month to ₹24,863 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Operations Executive salary in India which ranges between ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Operations Executive at Kotak Mahindara Life Insurance in Mumbai?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Operations Executives in Mumbai reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Operations Executive salary in Mumbai ranges between ₹2.5 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.