Kotak Mahindara Life Insurance Mumbai Team Lead Salaries by 7 Employees

2 - 8 years exp.

₹2.2 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

51% less than the average Team Lead Salary in Insurance Companies for 2 - 8 years of experience

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Salaries in different departments

Human Resources Team Lead Salary 2 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹5.2 L/yr
BFSI, Investments & Trading Team Lead Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹6 L/yr
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Healthcare & Life Sciences Team Lead Salary 2 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹5 L/yr

Last Updated: 27 Oct 2024

Companies similar to Kotak Mahindara Life Insurance for Team Lead in Mumbai

Kotak Mahindara Life Insurance Team Lead Salary

2 - 8 years exp. (7 salaries)

₹2.2 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Team Lead Salary 1 - 11 years exp. (36 salaries)	₹1.1 L/yr - ₹8.2 L/yr 7% less	1 job opening
HDFC Ergo General Insurance Team Lead Salary 2 - 11 years exp. (18 salaries)	₹2.9 L/yr - ₹5.1 L/yr 16% more
Login to view exact salary
Reliance Nippon Life Insurance Team Lead Salary 1 - 8 years exp. (7 salaries)	₹2.5 L/yr - ₹4.6 L/yr 19% less
SBI Life Insurance Company Team Lead Salary 4 - 9 years exp. (5 salaries)	₹3.6 L/yr - ₹4.8 L/yr 9% less
HDFC Life Team Lead Salary 5 - 8 years exp. (5 salaries)	₹3.3 L/yr - ₹7 L/yr 3% less
Kotak Mahindra General Insurance Team Lead Salary 3 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹6.1 L/yr 20% more
Star Health & Allied Insurance Team Lead Salary 4 - 9 years exp. (3 salaries)	₹3.3 L/yr - ₹4.5 L/yr 8% less

Team Lead salary at Kotak Mahindara Life Insurance ranges between ₹2.2 Lakhs to ₹6 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Team Lead salaries in Mumbai

Last Updated: 27 Oct 2024

Experience	Avg Annual Salary
2 years (3 salaries)	₹2.2 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr

View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Deputy Manager Salary

(433 salaries)

₹2.25 L/yr - ₹5.74 L/yr

Management Trainee Salary

(24 salaries)

₹3 L/yr - ₹7 L/yr

Branch Manager Salary

(19 salaries)

₹6 L/yr - ₹11 L/yr

Operations Manager Salary

(7 salaries)

₹3.09 L/yr - ₹7.2 L/yr

Top skills at Kotak Mahindara Life Insurance for Team Lead

Team Handling Recruitment Team Leading Team Leadership Team Handling Team Coordination Life Insurance HR Communication Skills Human Resource Management NBFC Banking Sales Leadership Hiring financial sales Sales

Salary related reviews for Kotak Mahindara Life Insurance

3.0

Rated by 1 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

Skill development - Poor

+4 more

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

Salary - Poor

+5 more

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.

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

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.

Skill development - Good

+1 more

Dislikes

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

Salary - Poor

+1 more

Team Manager in Kolkata

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.....

Dislikes

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

Salary - Bad

+6 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Kotak Mahindara Life Insurance Team Lead Salary FAQs

What is the salary of Team Lead at Kotak Mahindara Life Insurance in Mumbai?

The average salary of a Team Lead at Kotak Mahindara Life Insurance in Mumbai typically ranges from ₹2.2 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Team Lead in Mumbai at Kotak Mahindara Life Insurance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Team Lead Salaries at Kotak Mahindara Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 Kotak Mahindara Life Insurance employees in India.

What is the estimated take home salary of a Team Lead at Kotak Mahindara Life Insurance in Mumbai?

The estimated take-home salary of a Team Lead at Kotak Mahindara Life Insurance in Mumbai typically ranges from ₹32,733 to ₹34,006 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 2 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Team Lead at Kotak Mahindara Life Insurance in Mumbai?

To be a Team Lead at Kotak Mahindara Life Insurance in Mumbai, the key skills required include:

- Team Handling
- Recruitment
- Team Leading
- Team Leadership
- Team Handling

These skills are highly valued at Kotak Mahindara Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindara Life Insurance for Team Lead in India?

Kotak Mahindra General Insurance	₹4.2 Lakhs to ₹6.1 Lakhs per year
HDFC Ergo General Insurance	₹2.9 Lakhs to ₹5.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindara Life Insurance, depending on the role and experience level.

What is the salary of a Team Lead in companies similar to Kotak Mahindara Life Insurance in Mumbai?

The salary of a Team Lead at companies similar to Kotak Mahindara Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life	₹3.3 Lakhs to ₹7.0 Lakhs per year
ICICI Lombard General Insurance Company	₹1.1 Lakhs to ₹8.2 Lakhs per year
Star Health & Allied Insurance	₹3.3 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company	₹3.6 Lakhs to ₹4.8 Lakhs per year
Reliance Nippon Life Insurance	₹2.5 Lakhs to ₹4.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Team Lead at Kotak Mahindara Life Insurance in Mumbai?

The salary growth for a Team Lead at Kotak Mahindara Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Team Lead in Mumbai can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience	Average Salary Range
2 years	₹2.2 Lakhs to ₹4.6 Lakhs per year
3 years	₹3.6 Lakhs to ₹4.5 Lakhs per year
4 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
5 years	₹3.8 Lakhs to ₹4.9 Lakhs per year

and so on.

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Kotak Mahindara Life Insurance Team Lead Salaries in Mumbai

Kotak Mahindara Life Insurance Team Lead salary in Mumbai ranges between ₹2.2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.