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

Annual salary range
1 - 13 years exp.
₹2.7 Lakhs - ₹8.5 Lakhs
Salary of majority employees
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57% 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 - 13 years exp. (20 salaries)
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₹2.7 L/yr - ₹5.9 L/yr

BFSI, Investments & Trading
Operations Manager Salary
1 - 13 years exp. (9 salaries)
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₹3.2 L/yr - ₹8.5 L/yr

Finance & Accounting
Operations Manager Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4 L/yr

Last Updated: 26 Feb 2025

Companies similar to Kotak Mahindara Life Insurance for Operations Manager

Company name Avg Annual Salary Open Jobs
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₹1.5 L/yr - ₹8.4 L/yr

arrow icon 17% less
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HDFC Life Operations Manager Salary

1 - 17 years exp. (38 salaries)

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₹1.5 L/yr - ₹10.4 L/yr

arrow icon 21% more
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₹3.6 L/yr - ₹13 L/yr

arrow icon 71% more
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₹2.2 L/yr - ₹11 L/yr

arrow icon 29% more
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₹3.5 L/yr - ₹15 L/yr

arrow icon 79% more
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₹2.9 L/yr - ₹3.9 L/yr

arrow icon 25% less
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₹3.4 L/yr - ₹7.3 L/yr

arrow icon 1% more
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₹6.5 L/yr - ₹15.6 L/yr

arrow icon 149% 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 40% more
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₹2 L/yr - ₹4.5 L/yr

arrow icon 31% less
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₹1.8 L/yr - ₹9 L/yr

arrow icon 2% less
1 job opening
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₹2.3 L/yr - ₹9.6 L/yr

arrow icon 20% more
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Empower Operations Manager Salary

9 - 15 years exp. (15 salaries)

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₹11.2 L/yr - ₹22 L/yr

arrow icon 254% more
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₹2.6 L/yr - ₹10.1 L/yr

arrow icon 14% more
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₹3.8 L/yr - ₹6.3 L/yr

arrow icon 2% less
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₹2.2 L/yr - ₹5.4 L/yr

arrow icon 4% less
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Gallagher Operations Manager Salary

16 - 19 years exp. (4 salaries)

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₹15.9 L/yr - ₹21.3 L/yr

arrow icon 297% more
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Allianz Operations Manager Salary

9 - 15 years exp. (4 salaries)

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₹8 L/yr - ₹23 L/yr

arrow icon 186% more
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₹3 L/yr - ₹7.8 L/yr

arrow icon 4% less
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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 225% more
Operations Manager salary at Kotak Mahindara Life Insurance ranges between ₹2.7 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 39 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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12 years exp.

Experience wise Kotak Mahindara Life Insurance Operations Manager salaries

Last Updated: 26 Feb 2025

Experience Avg Annual Salary
1 year  (4 salaries)

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₹3 L/yr - ₹4 L/yr
2 years  (6 salaries)

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₹3.2 L/yr - ₹7.3 L/yr
3 years  (3 salaries)

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₹3.8 L/yr - ₹7.5 L/yr
4 years  (3 salaries)

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₹2.7 L/yr - ₹7.8 L/yr
5 years  (5 salaries)

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₹4.3 L/yr - ₹5.5 L/yr
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Similar Designation salaries in Kotak Mahindara Life Insurance

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₹1.75 L/yr - ₹7 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
(12 salaries)
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₹1.2 L/yr - ₹7.46 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹25.7 L/yr - ₹32.8 L/yr
Branch Manager Salary
(201 salaries)
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₹4.5 L/yr - ₹13.5 L/yr
Area Manager Salary
(26 salaries)
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₹5.7 L/yr - ₹17.9 L/yr
Deputy Manager Salary
(947 salaries)
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₹2 L/yr - ₹6.25 L/yr
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₹4.4 L/yr - ₹7 L/yr
Project Manager Salary
(14 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
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Salary related reviews for Kotak Mahindara Life Insurance

3.1

Rated by 9 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

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.....

read more

Dislikes

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

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

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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 ₹8.5 Lakhs for experience between 1 years to 13 years. According to our estimates it is 57% less than the average Operations Manager Salary in India. Salary estimates are based on 39 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 57% 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
  • Allianz Operations Manager Salary - ₹8.0 Lakhs to ₹23.0 Lakhs per year
  • Tata AIA Life Insurance Operations Manager Salary - ₹6.5 Lakhs to ₹15.6 Lakhs per year
What is the salary of a Operations Manager in companies similar to Kotak Mahindara Life Insurance in India?
  • Bajaj Allianz Life Insurance Operations Manager Salary - ₹3.5 Lakhs to ₹15.0 Lakhs per year
  • SBI Life Insurance Company Operations Manager Salary - ₹3.6 Lakhs to ₹13.0 Lakhs per year
  • PNB MetLife Operations Manager Salary - ₹5.5 Lakhs to ₹11.2 Lakhs per year
  • Axis Max Life Insurance Operations Manager Salary - ₹2.2 Lakhs to ₹11.0 Lakhs per year
  • HDFC Life Operations Manager Salary - ₹1.5 Lakhs to ₹10.4 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 ₹35,181 per month to ₹36,418 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 ₹8.5 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, 68% 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.

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Kotak Mahindara Life Insurance Operations Manager salary in India ranges between ₹2.7 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 39 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.