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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Underwriting Manager salaries in Mumbai

Annual salary range
1 - 2 years exp.
₹5.1 Lakhs - ₹8.4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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32% less than the average Underwriting Manager Salary in Insurance Companies for 1 - 2 years of experience

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Last Updated: 26 Dec 2024

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Kotak Mahindara Life Insurance Underwriting Manager Salary

1 - 2 years exp. (3 salaries)

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₹5.1 L/yr - ₹8.4 L/yr

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Underwriting Manager salary at Kotak Mahindara Life Insurance ranges between ₹5.1 Lakhs to ₹8.4 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Underwriting Manager in Mumbai

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2 years exp.
1y ago
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1 year exp.
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Experience wise Kotak Mahindara Life Insurance Underwriting Manager salaries in Mumbai

Last Updated: 26 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
2 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹8.4 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Deputy Manager Salary
(407 salaries)
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₹2 L/yr - ₹5.69 L/yr
Chief Manager Salary
(248 salaries)
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₹5.5 L/yr - ₹19 L/yr
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₹3 L/yr - ₹7 L/yr
Team Lead Salary
(7 salaries)
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₹2.4 L/yr - ₹6 L/yr
Underwriter Salary
(3 salaries)
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₹4.5 L/yr - ₹5.65 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

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.

read more

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

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Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 04 Apr 2024

3.0
 for  Salary and Benefits

Likes

Work life balance is okay. Good place to work in. Maximum professionally qualified employees.

Dislikes

No Employee benefits. Salary lower than industry standards. No comp off. Politics (common in every organisation) No work from home.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 27 Jul 2023

5.0
 for  Salary and Benefits

Likes

HR support is very good.. Salary amd Incentive payout

Dislikes

Kotak is big brand to work but few of the Senior Managers made the work culture worst just for their benefits... They doesn't have feelings about the pain of employees.

read 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

Insurance Department

4.0
  •  posted on 26 Mar 2021

2.0
 for  Salary and Benefits

Likes

Gives you ample opportunity and space to grow and learn. Leaders are respectful and open to your views. New exciting projects available in all departments to create impact Talent is recognised

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Dislikes

...ed behaviour Digital adoption is lacking On average, promotions take 3-4 years Salary hikes are limited Grand sounding designations/roles for e.g. deputy manager in peer company is senior manager here (for lesser salary) Talent is recognised but not adequately rewarded

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Kotak Mahindara Life Insurance Underwriting Manager Salary FAQs

What is the notice period for Underwriting Manager at Kotak Mahindara Life Insurance in Mumbai?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Underwriting Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Underwriting Manager salary in Mumbai ranges between ₹5.1 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.