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Annual salary range
0 - 2 years exp.
₹4.5
Lakhs - ₹6.5
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary5% more than the average Underwriter Salary in Insurance Companies for 0 - 2 years of experience
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Companies similar to Kotak Mahindara Life Insurance for Underwriter
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Underwriter Salary
0 - 7 years exp. (33 salaries) |  ₹2.1 L/yr - ₹6.5 L/yr 
22%
less | |
 HDFC Life Underwriter Salary
0 - 6 years exp. (17 salaries) | ₹1.8 L/yr - ₹4.7 L/yr
31%
less | |
Login to view exact salary
| ||
 SBI Life Insurance Company Underwriter Salary
0 - 12 years exp. (24 salaries) | ₹2 L/yr - ₹6.5 L/yr
29%
less | |
 Max Life Insurance Underwriter Salary
1 - 5 years exp. (11 salaries) | ₹2.1 L/yr - ₹3.1 L/yr
57%
less | |
 Bajaj Allianz Life Insurance Underwriter Salary
1 - 6 years exp. (10 salaries) | ₹2.4 L/yr - ₹6.5 L/yr
36%
less | |
 Aditya Birla Sun Life Insurance Underwriter Salary
0 - 4 years exp. (6 salaries) | ₹1.7 L/yr - ₹3.5 L/yr
45%
less | |
 Tata AIA Life Insurance Underwriter Salary
Fresher (3 salaries) | ₹9 L/yr - ₹10.5 L/yr 
70%
more | 2 job openings |
 PNB MetLife Underwriter Salary
2 - 8 years exp. (4 salaries) | ₹2 L/yr - ₹7 L/yr
7%
less | |
 Life Insurance Corporation of India Underwriter Salary
3 - 31 years exp. (4 salaries) | ₹3 L/yr - ₹20 L/yr
97%
more | |
 Star Health & Allied Insurance Underwriter Salary
0 - 8 years exp. (62 salaries) | ₹1.4 L/yr - ₹4.1 L/yr
54%
less | |
 ICICI Lombard General Insurance Company Underwriter Salary
0 - 6 years exp. (49 salaries) | ₹2.5 L/yr - ₹12 L/yr
29%
more | |
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| ||
 HDFC Ergo General Insurance Underwriter Salary
0 - 7 years exp. (13 salaries) | ₹3 L/yr - ₹7.2 L/yr
23%
more | |
 Care Health Insurance Underwriter Salary
0 - 7 years exp. (12 salaries) | ₹2.4 L/yr - ₹6.2 L/yr
26%
less | 1 job opening |
 Gallagher Underwriter Salary
3 - 13 years exp. (10 salaries) | ₹9 L/yr - ₹21 L/yr
147%
more | |
 United India Insurance Company Underwriter Salary
1 - 6 years exp. (7 salaries) | ₹1.6 L/yr - ₹3.5 L/yr
56%
less | |
 Shriram Life Insurance Underwriter Salary
1 - 6 years exp. (5 salaries) | ₹1.6 L/yr - ₹3.9 L/yr
57%
less | |
 Swiss Re Underwriter Salary
1 - 6 years exp. (4 salaries) | ₹7.5 L/yr - ₹26 L/yr
216%
more | |
 The Oriental Insurance Co. Underwriter Salary
1 - 7 years exp. (4 salaries) | ₹1.2 L/yr - ₹3.8 L/yr
65%
less | |
 AIG Underwriter Salary
0 - 7 years exp. (4 salaries) | ₹5 L/yr - ₹8 L/yr
7%
more | |
Underwriter salary at Kotak Mahindara Life Insurance ranges between ₹4.5
Lakhs
to ₹6.5
Lakhs
per year for employees with less than 1 year of experience to 2 years. Salary
estimates are based on
6 latest salaries received
from various employees of Kotak Mahindara Life Insurance.
Latest annual salaries shared by Kotak Mahindara Life Insurance Underwriter
1y ago
1
year
exp.
1y ago
2
years
exp.
1y ago
5
months
exp.
Experience wise Kotak Mahindara Life Insurance Underwriter salaries
Last Updated: 14 Mar 2023
| Experience | Avg Annual Salary |
|---|---|
| Fresher (3 salaries) |
₹4.5
L/yr
- ₹6.5
L/yr
|
| 1 year (AmbitionBox Estimate) |
₹5
L/yr
- ₹10.1
L/yr
|
Login to view exact salary
| |
| 2 years (AmbitionBox Estimate) |
₹5.7
L/yr
- ₹10.2
L/yr
|
Similar Designation salaries in Kotak Mahindara Life Insurance
Top skills at Kotak Mahindara Life Insurance for Underwriter
Internal Audit
Auditing
Underwriting
Ca
Chartered Accountant
Leased Line
Marking
Medical underwriting
Salary related reviews for Kotak Mahindara Life Insurance
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Top trending discussions
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Salary Discussions, Hike & Promotions
2w
a technical project manager
Deadend
Hi,
I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA.
I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation.
I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component.
I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this.
What should be my next move?
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Kotak Mahindara Life Insurance Underwriter Salary FAQs
What is the salary of Underwriter at Kotak Mahindara Life Insurance?
Underwriter salary at Kotak Mahindara Life Insurance in India ranges between ₹4.5 Lakhs to ₹6.5 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 5% more than the average Underwriter Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Underwriter at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Underwriter at Kotak Mahindara Life Insurance is 5% more than the average salary of a Underwriter in India. To know exact salary insights, login to view.
What are the top skills required to work as a Underwriter at Kotak Mahindara Life Insurance?
Internal Audit, Auditing, Underwriting, Ca and Chartered Accountant are some of the popular skills required to work as a Underwriter at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Underwriter in India?
- Swiss Re Underwriter Salary - ₹7.5 Lakhs to ₹26.0 Lakhs per year
- Gallagher Underwriter Salary - ₹9.0 Lakhs to ₹21.0 Lakhs per year
- Life Insurance Corporation of India Underwriter Salary - ₹3.0 Lakhs to ₹20.0 Lakhs per year
- Tata AIA Life Insurance Underwriter Salary - ₹9.0 Lakhs to ₹10.5 Lakhs per year
- ICICI Lombard General Insurance Company Underwriter Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year
What is the salary of a Underwriter in companies similar to Kotak Mahindara Life Insurance in India?
- HDFC Ergo General Insurance Underwriter Salary - ₹3.0 Lakhs to ₹7.2 Lakhs per year
- AIG Underwriter Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
- PNB MetLife Underwriter Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
- ICICI Prudential Life Insurance Underwriter Salary - ₹2.1 Lakhs to ₹6.5 Lakhs per year
- Care Health Insurance Underwriter Salary - ₹2.4 Lakhs to ₹6.2 Lakhs per year
What is the estimated take home salary of a Underwriter at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Underwriter at Kotak Mahindara Life Insurance ranges between ₹42,328 per month to ₹43,458 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Underwriter salary in India which ranges between ₹4.5 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?
What is the notice period for Underwriter at Kotak Mahindara Life Insurance?
According to AmbitionBox, 50% of the Kotak Mahindara Life Insurance Underwriters reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.
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Kotak Mahindara Life Insurance Underwriter salary
in
India
ranges between ₹4.5
Lakhs to ₹6.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
6
Kotak Mahindara Life Insurance latest salaries received from various employees of
Kotak Mahindara Life Insurance.