Kotak Mahindara Life Insurance Senior Executive Salaries by 10+ Employees (Updated 2025)

0 - 7 years exp.

₹2 Lakhs - ₹8 Lakhs

Salary of majority employees

31% less than the average Senior Executive Salary in Insurance Companies for 0 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Executive Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr
Human Resources Senior Executive Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹5.4 L/yr
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Customer Success, Service & Operations Senior Executive Salary 4 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹4.6 L/yr

Last Updated: 21 Dec 2024

Companies similar to Kotak Mahindara Life Insurance for Senior Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Executive Salary 0 - 8 years exp. (35 salaries)	₹2 L/yr - ₹5 L/yr 8% less
HDFC Life Senior Executive Salary 0 - 9 years exp. (163 salaries)	₹2.1 L/yr - ₹5 L/yr 6% less
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SBI Life Insurance Company Senior Executive Salary 0 - 10 years exp. (106 salaries)	₹2.2 L/yr - ₹6.3 L/yr 4% more
Max Life Insurance Senior Executive Salary 1 - 6 years exp. (51 salaries)	₹2.2 L/yr - ₹4.7 L/yr 13% less
Bajaj Allianz Life Insurance Senior Executive Salary 0 - 12 years exp. (220 salaries)	₹2.2 L/yr - ₹7 L/yr 25% more
Reliance Nippon Life Insurance Senior Executive Salary 1 - 6 years exp. (34 salaries)	₹2 L/yr - ₹4.2 L/yr 20% less
Aditya Birla Sun Life Insurance Senior Executive Salary 0 - 5 years exp. (133 salaries)	₹2 L/yr - ₹4.5 L/yr 16% less
Tata AIA Life Insurance Senior Executive Salary 3 - 11 years exp. (117 salaries)	₹3.1 L/yr - ₹10.3 L/yr 69% more	1 job opening
PNB MetLife Senior Executive Salary 2 - 9 years exp. (92 salaries)	₹2.4 L/yr - ₹6.3 L/yr 1% less	1 job opening
Life Insurance Corporation of India Senior Executive Salary 0 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹5.7 L/yr 38% more
HDFC Ergo General Insurance Senior Executive Salary 0 - 10 years exp. (493 salaries)	₹1.9 L/yr - ₹5.6 L/yr 7% more
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Star Health & Allied Insurance Senior Executive Salary 1 - 10 years exp. (230 salaries)	₹1.8 L/yr - ₹5.5 L/yr 1% more
Shriram Life Insurance Senior Executive Salary 1 - 6 years exp. (191 salaries)	₹1.9 L/yr - ₹5 L/yr 18% less
ICICI Lombard General Insurance Company Senior Executive Salary 3 - 11 years exp. (85 salaries)	₹2.2 L/yr - ₹7.1 L/yr 13% more
SBI General Insurance Senior Executive Salary 3 - 9 years exp. (83 salaries)	₹3.1 L/yr - ₹6.4 L/yr 33% more
Gallagher Senior Executive Salary 2 - 8 years exp. (47 salaries)	₹1.8 L/yr - ₹9 L/yr 9% more
Care Health Insurance Senior Executive Salary 1 - 9 years exp. (21 salaries)	₹3 L/yr - ₹4.4 L/yr 13% less
Aditya Birla Insurance Brokers Senior Executive Salary 3 - 9 years exp. (15 salaries)	₹2 L/yr - ₹4.5 L/yr 29% less
Allianz Senior Executive Salary 2 - 7 years exp. (10 salaries)	₹3 L/yr - ₹8.5 L/yr 37% more
Empower Senior Executive Salary 3 - 8 years exp. (5 salaries)	₹6 L/yr - ₹7 L/yr 68% more

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Senior Executive salary at Kotak Mahindara Life Insurance ranges between ₹2 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Senior Executive salaries

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹5.3 L/yr
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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2 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.3 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹6.7 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.4 L/yr
7 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹8 L/yr

View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Finance Executive Salary

(5 salaries)

₹2.5 L/yr - ₹3 L/yr

Senior Associate Salary

(4 salaries)

₹2.8 L/yr - ₹3.51 L/yr

Senior Accounts Executive Salary

(3 salaries)

₹3.3 L/yr - ₹7.2 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Accountant Salary

(4 salaries)

₹1.44 L/yr - ₹5.15 L/yr

Analyst Salary

(4 salaries)

₹2.6 L/yr - ₹15.8 L/yr

Deputy Manager Salary

(859 salaries)

₹2 L/yr - ₹5.69 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Accounting Staff Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Management Trainee Salary

(191 salaries)

₹2.8 L/yr - ₹7 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

5.0

Rated by 3 employees for salary & benefits

Deputy Manager in Mumbai

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

Deputy Manager in Thane

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

Management Trainee in Chhatisgarh

Full Time

Marketing & Communication Department

4.0

• posted on 08 May 2021

4.0

for Salary and Benefits

Likes

It is all about leadership. If you are good in recruitment then you will more success and financial compensation also.

Dislikes

Senior managers are not available all times so you handle alone and spoil resource coz lack of knowledge and experiences

Deputy Manager in Mumbai

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.

Dislikes

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

Chief Manager in Mumbai

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.

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

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindara Life Insurance Senior Executive Salary FAQs

What is the salary of Senior Executive at Kotak Mahindara Life Insurance?

Senior Executive salary at Kotak Mahindara Life Insurance in India ranges between ₹2.0 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 31% less than the average Senior Executive Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindara Life Insurance India.

How does the salary of a Senior Executive at Kotak Mahindara Life Insurance India compare with the average salary range for this job?

The average salary of a Senior Executive at Kotak Mahindara Life Insurance is 31% less than the average salary of a Senior Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindara Life Insurance to a Senior Executive in India?

Tata AIA Life Insurance Senior Executive Salary - ₹3.1 Lakhs to ₹10.3 Lakhs per year
Empower Senior Executive Salary - ₹6.0 Lakhs to ₹7.0 Lakhs per year
AXA Senior Executive Salary - ₹3.9 Lakhs to ₹8.5 Lakhs per year
Life Insurance Corporation of India Senior Executive Salary - ₹2.4 Lakhs to ₹5.7 Lakhs per year
Allianz Senior Executive Salary - ₹3.0 Lakhs to ₹8.5 Lakhs per year

What is the salary of a Senior Executive in companies similar to Kotak Mahindara Life Insurance in India?

SBI General Insurance Senior Executive Salary - ₹3.1 Lakhs to ₹6.4 Lakhs per year
Bajaj Allianz Life Insurance Senior Executive Salary - ₹2.2 Lakhs to ₹7.0 Lakhs per year
ICICI Lombard General Insurance Company Senior Executive Salary - ₹2.2 Lakhs to ₹7.1 Lakhs per year
Gallagher Senior Executive Salary - ₹1.8 Lakhs to ₹9.0 Lakhs per year
HDFC Ergo General Insurance Senior Executive Salary - ₹1.9 Lakhs to ₹5.6 Lakhs per year

What is the estimated take home salary of a Senior Executive at Kotak Mahindara Life Insurance in India?

The estimated take-home salary of a Senior Executive at Kotak Mahindara Life Insurance ranges between ₹28,431 per month to ₹29,818 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Senior Executive salary in India which ranges between ₹2.0 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for Senior Executive at Kotak Mahindara Life Insurance?

According to AmbitionBox, 50% of the Kotak Mahindara Life Insurance Senior Executives reported a notice period of 1 Month, 38% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Senior Executive Salaries

Kotak Mahindara Life Insurance Senior Executive salary in India ranges between ₹2 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.