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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Production Manager salaries in India

Annual salary range
3 - 4 years exp.
₹10.8 Lakhs - ₹13.8 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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13% less than the average Production Manager Salary in Insurance Companies for 3 - 4 years of experience

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Salaries in different departments

Marketing & Communication
Production Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.2 L/yr

Product Management
Production Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 16 Mar 2023

Companies similar to Kotak Mahindara Life Insurance for Production Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Production Manager Salary

1 - 5 years exp. (5 salaries)

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₹9.5 L/yr - ₹20 L/yr

arrow icon 7% more
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₹7.8 L/yr - ₹26 L/yr

arrow icon 22% more
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₹5.9 L/yr - ₹18.5 L/yr

arrow icon 7% less
Logo
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₹11.5 L/yr - ₹16 L/yr

arrow icon 10% more
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₹8.9 L/yr - ₹24.5 L/yr

arrow icon 28% more
2 job openings
Production Manager salary at Kotak Mahindara Life Insurance ranges between ₹10.8 Lakhs to ₹13.8 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Production Manager

1y ago
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3 years exp.
1y ago
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3 years exp.

Experience wise Kotak Mahindara Life Insurance Production Manager salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹12 L/yr - ₹12 L/yr
4 years (AmbitionBox Estimate)

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₹12 L/yr - ₹12 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹2.65 L/yr - ₹9 L/yr
Senior Production Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr
Deputy Manager Salary
(856 salaries)
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₹2 L/yr - ₹5.69 L/yr
Assistant General Manager Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
Officer Salary
(6 salaries)
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₹3 L/yr - ₹4.5 L/yr
Supervisor Salary
(6 salaries)
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₹1.4 L/yr - ₹5 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

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

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

Dislikes

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

read more

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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Full Time

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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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Full Time

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Sales & Business Development Department

2.0
  •  posted on 01 May 2024

2.0
 for  Salary and Benefits

Likes

Nothing good to write about.

Dislikes

Can't even count the dislikes. 1. You are never sure that you will get your salary on time. HR can (by mistake) mistakes at time of salary credit. 2. Upper management lies alot. 3. You wont learn anything, if u have ideas of growth and benificial for the company (Forget It) 4. HR is just a word, the people of the department don't know what HR does for a change. 5. You will be promissed alot of things at time of joining, rest assured they are just a myth. This list can go on and on, i just don't wanna waste my time on them anymore.

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Kotak Mahindara Life Insurance Production Manager salary in India ranges between ₹10.8 Lakhs to ₹13.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.