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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Operations Manager salaries in India

Annual salary range
1 - 13 years exp.
₹2.7 Lakhs - ₹9 Lakhs
Salary of majority employees
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53% less than the average Operations Manager Salary in Insurance Companies for 1 - 13 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Operations Manager Salary
1 - 12 years exp. (16 salaries)
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₹2.7 L/yr - ₹5.9 L/yr

BFSI, Investments & Trading
Operations Manager Salary
1 - 13 years exp. (11 salaries)
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₹3.2 L/yr - ₹9 L/yr

Finance & Accounting
Operations Manager Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹5.5 L/yr

Last Updated: 9 Dec 2024

Companies similar to Kotak Mahindara Life Insurance for Operations Manager

Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹9 L/yr

arrow icon 7% less
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HDFC Life Operations Manager Salary

1 - 15 years exp. (39 salaries)

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₹1.5 L/yr - ₹10 L/yr

At par
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₹3.6 L/yr - ₹13 L/yr

arrow icon 55% more
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Max Life Insurance Operations Manager Salary

1 - 16 years exp. (55 salaries)

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₹2.5 L/yr - ₹11.3 L/yr

arrow icon 28% more
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₹3.5 L/yr - ₹11.9 L/yr

arrow icon 56% more
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₹2.9 L/yr - ₹4.1 L/yr

arrow icon 22% less
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₹3.4 L/yr - ₹7.3 L/yr

arrow icon 3% more
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₹5.3 L/yr - ₹15.5 L/yr

arrow icon 121% more
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PNB MetLife Operations Manager Salary

8 - 17 years exp. (9 salaries)

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₹5.5 L/yr - ₹11.2 L/yr

arrow icon 27% more
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₹2 L/yr - ₹4.5 L/yr

arrow icon 42% less
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₹1.5 L/yr - ₹9 L/yr

arrow icon 16% less
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Care Health Insurance Operations Manager Salary

1 - 9 years exp. (121 salaries)

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₹1.7 L/yr - ₹6.8 L/yr

arrow icon 31% less
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₹2.3 L/yr - ₹9.6 L/yr

arrow icon 7% more
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Empower Operations Manager Salary

9 - 15 years exp. (14 salaries)

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₹11.2 L/yr - ₹22 L/yr

arrow icon 219% more
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₹2.6 L/yr - ₹10.1 L/yr

arrow icon 5% more
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₹2.2 L/yr - ₹5.9 L/yr

arrow icon 12% less
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₹3 L/yr - ₹7.8 L/yr

arrow icon 12% less
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₹5 L/yr - ₹7 L/yr

arrow icon 18% more
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AIG Operations Manager Salary

9 - 14 years exp. (4 salaries)

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₹15 L/yr - ₹16 L/yr

arrow icon 197% more
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Gallagher Operations Manager Salary

16 - 18 years exp. (3 salaries)

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₹15.9 L/yr - ₹21.3 L/yr

arrow icon 257% more
1 job opening
Operations Manager salary at Kotak Mahindara Life Insurance ranges between ₹2.7 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 40 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Operations Manager

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Experience wise Kotak Mahindara Life Insurance Operations Manager salaries

Last Updated: 9 Dec 2024

Experience Avg Annual Salary
1 year  (4 salaries)

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₹3 L/yr - ₹7.6 L/yr
2 years  (5 salaries)

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₹3.2 L/yr - ₹7.9 L/yr
3 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹8.2 L/yr
4 years  (3 salaries)

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₹2.7 L/yr - ₹8.4 L/yr
5 years  (5 salaries)

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₹4.3 L/yr - ₹5.5 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹1.8 L/yr - ₹6 L/yr
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₹6 L/yr - ₹14.5 L/yr
Service Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Team Manager Salary
(17 salaries)
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₹1.2 L/yr - ₹8.73 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹25.7 L/yr - ₹32.8 L/yr
Branch Manager Salary
(208 salaries)
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₹4.5 L/yr - ₹13 L/yr
Area Manager Salary
(22 salaries)
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₹5.18 L/yr - ₹19.2 L/yr
Deputy Manager Salary
(889 salaries)
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₹2 L/yr - ₹5.69 L/yr
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₹4.4 L/yr - ₹7.2 L/yr
Project Manager Salary
(19 salaries)
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₹6.5 L/yr - ₹22 L/yr

Top skills at Kotak Mahindara Life Insurance for Operations Manager

Life Insurance Operations Processing Finance Operations Management Governance Insurance MIS Reporting Team Management mba fresher TAT Branch Operations

Salary related reviews for Kotak Mahindara Life Insurance

3.1

Rated by 9 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.

read more

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.....

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Dislikes

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

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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.

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

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Kotak Mahindara Life Insurance Operations Manager Salary FAQs

What is the salary of Operations Manager at Kotak Mahindara Life Insurance?
Operations Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹2.7 Lakhs to ₹9.0 Lakhs for experience between 1 years to 13 years. According to our estimates it is 53% less than the average Operations Manager Salary in India. Salary estimates are based on 40 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Operations Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Operations Manager at Kotak Mahindara Life Insurance is 53% less than the average salary of a Operations Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Operations Manager at Kotak Mahindara Life Insurance?
Life Insurance, Operations, Processing, Finance and Operations Management are some of the popular skills required to work as a Operations Manager at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Operations Manager in India?
  • Gallagher Operations Manager Salary - ₹15.9 Lakhs to ₹21.3 Lakhs per year
  • Empower Operations Manager Salary - ₹11.2 Lakhs to ₹22.0 Lakhs per year
  • AIG Operations Manager Salary - ₹15.0 Lakhs to ₹16.0 Lakhs per year
  • Tata AIA Life Insurance Operations Manager Salary - ₹5.3 Lakhs to ₹15.5 Lakhs per year
  • Bajaj Allianz Life Insurance Operations Manager Salary - ₹3.5 Lakhs to ₹11.9 Lakhs per year
What is the salary of a Operations Manager in companies similar to Kotak Mahindara Life Insurance in India?
  • SBI Life Insurance Company Operations Manager Salary - ₹3.6 Lakhs to ₹13.0 Lakhs per year
  • Max Life Insurance Operations Manager Salary - ₹2.5 Lakhs to ₹11.3 Lakhs per year
  • PNB MetLife Operations Manager Salary - ₹5.5 Lakhs to ₹11.2 Lakhs per year
  • Spectrum Insurance Distribution Operations Manager Salary - ₹5.0 Lakhs to ₹7.0 Lakhs per year
  • HDFC Ergo General Insurance Operations Manager Salary - ₹2.3 Lakhs to ₹9.6 Lakhs per year
What is the estimated take home salary of a Operations Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Operations Manager at Kotak Mahindara Life Insurance ranges between ₹38,626 per month to ₹39,812 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Operations Manager salary in India which ranges between ₹2.7 Lakhs to ₹9.0 Lakhs per year for employees with experience between 1 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Operations Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 61% of the Kotak Mahindara Life Insurance Operations Managers reported a notice period of 3 Months, 26% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 31 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Operations Manager salary in India ranges between ₹2.7 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 40 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.