Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Kotak Mahindara Life Insurance Team. If you also belong to the team, you can get access from here
3.8

based on 2.6k Reviews

filter salariesFilter salaries by

Kotak Mahindara Life Insurance Senior Development Manager salaries in India

Annual salary range
4 - 14 years exp.
₹3.3 Lakhs - ₹5.1 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

86% less than the average Senior Development Manager Salary in Insurance Companies for 4 - 14 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Senior Development Manager Salary
14 years exp. (AmbitionBox Estimate)
unlock-blur

₹4.6 L/yr - ₹5.6 L/yr

Human Resources
Senior Development Manager Salary
4 years exp. (AmbitionBox Estimate)
unlock-blur

₹2.9 L/yr - ₹3.6 L/yr

Sales & Business Development
Senior Development Manager Salary
12 years exp. (AmbitionBox Estimate)
unlock-blur

₹4.2 L/yr - ₹5.2 L/yr

Last Updated: 18 Oct 2024

Companies similar to Kotak Mahindara Life Insurance for Senior Development Manager

Company name Avg Annual Salary Open Jobs
unlock blur

₹4 L/yr - ₹5 L/yr

arrow icon 3% more
Logo
HDFC Life Senior Development Manager Salary

0 - 8 years exp. (12 salaries)

unlock blur

₹2 L/yr - ₹3.3 L/yr

arrow icon 35% less
unlock blur

₹3.2 L/yr - ₹5.5 L/yr

arrow icon 15% more
unlock blur

₹3.1 L/yr - ₹3.6 L/yr

arrow icon 22% less
unlock blur

₹3.5 L/yr - ₹4.6 L/yr

arrow icon 8% less
unlock blur

₹3 L/yr - ₹4.3 L/yr

arrow icon 10% less
unlock blur

₹4.5 L/yr - ₹5.5 L/yr

arrow icon 9% more
Senior Development Manager salary at Kotak Mahindara Life Insurance ranges between ₹3.3 Lakhs to ₹5.1 Lakhs per year for employees with experience between 4 years to 14 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 Senior Development Manager

2mo ago
avg blur mobile
14 years exp.
6mo ago
avg blur mobile
12 years exp.
1y ago
avg blur mobile
4 years exp.

Experience wise Kotak Mahindara Life Insurance Senior Development Manager salaries

Last Updated: 18 Oct 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

unlock blur

₹2.9 L/yr - ₹3.7 L/yr
12 years (AmbitionBox Estimate)

unlock blur

₹4.2 L/yr - ₹5.4 L/yr
14 years (AmbitionBox Estimate)

unlock blur

₹4.6 L/yr - ₹5.9 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

unlock blur
₹6 L/yr - ₹8.05 L/yr
Project Manager Salary
(19 salaries)
unlock blur
₹6.5 L/yr - ₹22 L/yr
Technical Project Manager Salary
(AmbitionBox Estimate)
unlock blur
₹23.4 L/yr - ₹29.9 L/yr
Senior Software Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹9 L/yr - ₹11.5 L/yr
Product Manager Salary
(24 salaries)
unlock blur
₹11.68 L/yr - ₹26.9 L/yr
unlock blur
₹24 L/yr - ₹65 L/yr
unlock blur
₹4.4 L/yr - ₹7 L/yr
Technical Manager Salary
(AmbitionBox Estimate)
unlock blur
₹5.2 L/yr - ₹6.7 L/yr
unlock blur
₹4 L/yr - ₹15 L/yr
unlock blur
₹1.8 L/yr - ₹1.9 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

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

read more

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."

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 18 Nov 2024

1.0
 for  Salary and Benefits

Likes

work life balance and the culture of the organization

Dislikes

Salary not up to the mark. not paid as per industry standard. additional branches, additional works given without proper hike in salary. Branches have poor depressing culture, no celebration, revenue generating teams at branches are recognized, not the backend teams irrespective of their contribution to the success. Overall branches are not happy place to work.

read more

Full Time

 · 

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.

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 18 Nov 2024

1.0
 for  Salary and Benefits

Likes

people friendly

Dislikes

no gifts or bonus in diwali, every small to small companies atleast gives something as a gift on diwali, working allowance on non working saturdays and extended hours are so less, its just 300 which is below par

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Kotak Mahindara Life Insurance Senior Development Manager Salary FAQs

What is the notice period for Senior Development Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 50% of the Kotak Mahindara Life Insurance Senior Development Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Senior Development Manager salary in India ranges between ₹3.3 Lakhs to ₹5.1 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.