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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Senior Executive salaries in Mumbai

Annual salary range
3 - 6 years exp.
₹3.6 Lakhs - ₹5.4 Lakhs
Salary of majority employees
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28% less than the average Senior Executive Salary in Insurance Companies for 3 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Executive Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4 L/yr

Human Resources
Senior Executive Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹5.4 L/yr

Last Updated: 3 Aug 2024

Companies similar to Kotak Mahindara Life Insurance for Senior Executive in Mumbai

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Kotak Mahindara Life Insurance Senior Executive Salary

3 - 6 years exp. (5 salaries)

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₹3.6 L/yr - ₹5.4 L/yr

vs
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HDFC Life Senior Executive Salary

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₹3.5 L/yr - ₹5.7 L/yr

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Max Life Insurance Senior Executive Salary

2 - 3 years exp. (3 salaries)

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₹3 L/yr - ₹3.5 L/yr

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₹3.5 L/yr - ₹5.5 L/yr

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₹2 L/yr - ₹4.3 L/yr

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₹2 L/yr - ₹4.1 L/yr

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Tata AIA Life Insurance Senior Executive Salary

2 - 11 years exp. (84 salaries)

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PNB MetLife Senior Executive Salary

2 - 9 years exp. (42 salaries)

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₹2 L/yr - ₹5.6 L/yr

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SBI General Insurance Senior Executive Salary

3 - 9 years exp. (26 salaries)

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₹3.1 L/yr - ₹6 L/yr

arrow icon 29% more
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₹2.4 L/yr - ₹6.6 L/yr

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₹3.1 L/yr - ₹4.6 L/yr

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₹2 L/yr - ₹4.5 L/yr

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Senior Executive salary at Kotak Mahindara Life Insurance ranges between ₹3.6 Lakhs to ₹5.4 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Senior Executive in Mumbai

5mo ago
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4 years exp.
6mo ago
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Experience wise Kotak Mahindara Life Insurance Senior Executive salaries in Mumbai

Last Updated: 3 Aug 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹6.8 L/yr
4 years (AmbitionBox Estimate)

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₹4 L/yr - ₹7.3 L/yr
5 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹5.4 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Deputy Manager Salary
(439 salaries)
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₹2 L/yr - ₹5.69 L/yr
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₹3 L/yr - ₹6 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

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Rated by 1 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

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

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.

read more
  • Salary - Good
    +6 more

Dislikes

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

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
  • 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

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

  • Company culture - Good

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
  • Salary - Bad
    +2 more
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Kotak Mahindara Life Insurance Senior Executive Salary FAQs

What is the salary of Senior Executive at Kotak Mahindara Life Insurance Mumbai?
Senior Executive salary at Kotak Mahindara Life Insurance in Mumbai ranges between ₹3.6 Lakhs to ₹5.4 Lakhs for experience between 3 years to 6 years. According to our estimates it is 28% less than the average Senior Executive Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance Mumbai.
How does the salary of a Senior Executive at Kotak Mahindara Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Senior Executive at Kotak Mahindara Life Insurance is 28% less than the average salary of a Senior Executive in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Senior Executive in Mumbai?
  • Tata AIA Life Insurance Senior Executive Salary - ₹3.1 Lakhs to ₹10.3 Lakhs per year
  • SBI General Insurance Senior Executive Salary - ₹3.1 Lakhs to ₹6.0 Lakhs per year
  • Bajaj Allianz Life Insurance Senior Executive Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
  • ICICI Lombard General Insurance Company Senior Executive Salary - ₹2.4 Lakhs to ₹6.6 Lakhs per year
  • SBI Life Insurance Company Senior Executive Salary - ₹3.5 Lakhs to ₹5.7 Lakhs per year
What is the salary of a Senior Executive in companies similar to Kotak Mahindara Life Insurance in Mumbai?
  • HDFC Ergo General Insurance Senior Executive Salary - ₹2.0 Lakhs to ₹5.6 Lakhs per year
  • PNB MetLife Senior Executive Salary - ₹2.4 Lakhs to ₹6.3 Lakhs per year
  • Star Health & Allied Insurance Senior Executive Salary - ₹3.1 Lakhs to ₹4.6 Lakhs per year
  • ICICI Prudential Life Insurance Senior Executive Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
  • HDFC Life Senior Executive Salary - ₹2.1 Lakhs to ₹4.9 Lakhs per year
What is the estimated take home salary of a Senior Executive at Kotak Mahindara Life Insurance in Mumbai?
The estimated take-home salary of a Senior Executive at Kotak Mahindara Life Insurance ranges between ₹28,744 per month to ₹30,127 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Senior Executive salary in India which ranges between ₹3.6 Lakhs to ₹5.4 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Senior Executive at Kotak Mahindara Life Insurance in Mumbai?
According to AmbitionBox, 60% of the Kotak Mahindara Life Insurance Senior Executives in Mumbai reported a notice period of 1 Month, 40% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Senior Executive salary in Mumbai ranges between ₹3.6 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.