Kotak Mahindara Life Insurance Mumbai Team Lead Salaries by 7 Employees (Updated 2025)

2 - 8 years exp.

₹2.2 Lakhs - ₹6 Lakhs

Salary of majority employees

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 - ₹4.9 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
HDFC Life Team Lead Salary 5 - 8 years exp. (5 salaries)	₹3.3 L/yr - ₹7 L/yr At par
SBI Life Insurance Company Team Lead Salary 3 - 9 years exp. (6 salaries)	₹3.6 L/yr - ₹4.8 L/yr 10% less
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Reliance Nippon Life Insurance Team Lead Salary 1 - 8 years exp. (7 salaries)	₹2.5 L/yr - ₹4.6 L/yr 20% less
Bharti AXA Life Insurance Team Lead Salary 4 - 9 years exp. (6 salaries)	₹2.5 L/yr - ₹7.3 L/yr 2% more	1 job opening
ICICI Lombard General Insurance Company Team Lead Salary 1 - 11 years exp. (37 salaries)	₹1.1 L/yr - ₹8.2 L/yr 1% 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 18% more
SBI General Insurance Team Lead Salary 2 - 11 years exp. (14 salaries)	₹2.8 L/yr - ₹5 L/yr 5% less
Life Insurance Corporation of India Team Lead Salary 1 - 3 years exp. (4 salaries)	₹1.4 L/yr - ₹2.9 L/yr 40% less
Kotak Mahindra General Insurance Team Lead Salary 3 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹6.1 L/yr 23% more
Star Health & Allied Insurance Team Lead Salary 4 - 9 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 9% less	1 job opening

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)	₹3.4 L/yr - ₹4.4 L/yr
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4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹8.3 L/yr

View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Deputy Manager Salary

(410 salaries)

₹2 L/yr - ₹5.69 L/yr

Branch Manager Salary

(19 salaries)

₹6 L/yr - ₹11 L/yr

Management Trainee Salary

(19 salaries)

₹3 L/yr - ₹7 L/yr

Operations Manager Salary

(5 salaries)

₹3.09 L/yr - ₹5 L/yr

Top skills at Kotak Mahindara Life Insurance for Team Lead

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

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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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Kotak Mahindara Life Insurance Team Lead Salary FAQs

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

Team Lead salary at Kotak Mahindara Life Insurance in Mumbai ranges between ₹2.2 Lakhs to ₹6.0 Lakhs for experience between 2 years to 8 years. According to our estimates it is 51% less than the average Team Lead Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindara Life Insurance Mumbai.

How does the salary of a Team Lead at Kotak Mahindara Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Team Lead at Kotak Mahindara Life Insurance is 51% less than the average salary of a Team Lead in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Team Lead at Kotak Mahindara Life Insurance?

Team Handling, Recruitment, Team Leading, Team Coordination and Life Insurance are some of the popular skills required to work as a Team Lead at Kotak Mahindara Life Insurance Mumbai.

Which similar companies are paying more than Kotak Mahindara Life Insurance to a Team Lead in Mumbai?

Kotak Mahindra General Insurance Team Lead Salary - ₹4.2 Lakhs to ₹6.1 Lakhs per year
HDFC Ergo General Insurance Team Lead Salary - ₹2.9 Lakhs to ₹5.1 Lakhs per year
Bharti AXA Life Insurance Team Lead Salary - ₹2.5 Lakhs to ₹7.3 Lakhs per year

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

HDFC Life Team Lead Salary - ₹3.3 Lakhs to ₹7.0 Lakhs per year
ICICI Lombard General Insurance Company Team Lead Salary - ₹1.1 Lakhs to ₹8.2 Lakhs per year
SBI General Insurance Team Lead Salary - ₹2.8 Lakhs to ₹5.0 Lakhs per year
Star Health & Allied Insurance Team Lead Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company Team Lead Salary - ₹3.6 Lakhs to ₹4.8 Lakhs per year

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 ranges between ₹31,779 per month to ₹33,066 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Team Lead salary in India which ranges between ₹2.2 Lakhs to ₹6.0 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Team Lead at Kotak Mahindara Life Insurance in Mumbai?

According to AmbitionBox, 43% of the Kotak Mahindara Life Insurance Team Leads in Mumbai reported a notice period of 1 Month, 43% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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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.