Kotak Mahindara Life Insurance Unit Manager Salaries by 4 Employees (Updated 2025)

4 - 7 years exp.

₹3.2 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

11% less than the average Unit Manager Salary in Insurance Companies for 4 - 7 years of experience

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Salaries in different departments

Sales & Business Development Unit Manager Salary 4 - 7 years exp. (3 salaries)	₹5.5 L/yr - ₹6.5 L/yr
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Finance & Accounting Unit Manager Salary 5 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr

Last Updated: 21 Jul 2024

Companies similar to Kotak Mahindara Life Insurance for Unit Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Unit Manager Salary 0 - 7 years exp. (768 salaries)	₹1.2 L/yr - ₹4.5 L/yr 39% less	2 job openings
HDFC Life Unit Manager Salary 1 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹3 L/yr 53% less
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SBI Life Insurance Company Unit Manager Salary 0 - 10 years exp. (124 salaries)	₹2 L/yr - ₹4.3 L/yr 46% less
Max Life Insurance Unit Manager Salary 0 - 12 years exp. (4 salaries)	₹1.8 L/yr - ₹11.5 L/yr 9% less
Bajaj Allianz Life Insurance Unit Manager Salary 0 - 10 years exp. (5 salaries)	₹2.5 L/yr - ₹5.5 L/yr 21% less
Aditya Birla Sun Life Insurance Unit Manager Salary 2 - 4 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 58% less
Tata AIA Life Insurance Unit Manager Salary 0 - 6 years exp. (4 salaries)	₹2 L/yr - ₹6.8 L/yr 37% less
PNB MetLife Unit Manager Salary 1 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹3.8 L/yr 42% less
Life Insurance Corporation of India Unit Manager Salary 1 - 27 years exp. (4 salaries)	₹1.8 L/yr - ₹5.5 L/yr 36% less
ICICI Lombard General Insurance Company Unit Manager Salary 1 - 9 years exp. (110 salaries)	₹3 L/yr - ₹7 L/yr 5% less
Care Health Insurance Unit Manager Salary 0 - 8 years exp. (54 salaries)	₹2 L/yr - ₹4 L/yr 47% less
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Shriram Life Insurance Unit Manager Salary 0 - 8 years exp. (30 salaries)	₹1.5 L/yr - ₹3.6 L/yr 50% less
SBI General Insurance Unit Manager Salary 4 - 10 years exp. (7 salaries)	₹3.9 L/yr - ₹6.7 L/yr 11% less
HDFC Ergo General Insurance Unit Manager Salary 2 - 6 years exp. (6 salaries)	₹2.1 L/yr - ₹3.5 L/yr 46% less
Star Health & Allied Insurance Unit Manager Salary 6 - 9 years exp. (4 salaries)	₹2.9 L/yr - ₹4 L/yr 38% less
Kotak Mahindra General Insurance Unit Manager Salary 6 - 14 years exp. (3 salaries)	₹3.6 L/yr - ₹5.7 L/yr 15% less

Unit Manager salary at Kotak Mahindara Life Insurance ranges between ₹3.2 Lakhs to ₹6.5 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Unit Manager salaries

Last Updated: 21 Jul 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹6.5 L/yr
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6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.5 L/yr

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Life Advisor Salary

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Top skills at Kotak Mahindara Life Insurance for Unit Manager

Sales Management banca sales Team Handling Life Insurance Life Insurance Sales VRM VRM banca

Salary related reviews for Kotak Mahindara Life Insurance

1.3

Rated by 2 employees for salary & benefits

Chief Manager in Mumbai

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.

Job security - Excellent

+2 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

Salary - Poor

+1 more

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

Sales Associate in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 14 May 2024

1.0

for Salary and Benefits

Likes

Job Security

Dislikes

Top Most Management in this company is worst; decision-making skills are very low Salary packages are very low for junior profiles but there work load is huge as compared with there senior profiles. Zero salary hikes and annual bonuses also depend on your boss; if he wants to give you 100,000, you will get it; if he wants to give you 10,000, that is your bonus. Huge package difference between senior boss and junior employees (ex., senior . Sr. boss package is above 30 Lacs but junior package is below 5 Lacs), Very little appreciation employees

Salary - Bad

+5 more

Chief Manager in Mumbai

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.

Job security - Good

+1 more

Dislikes

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

Chief Manager in Silchar

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

Salary - Excellent

+2 more

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.

Work satisfaction - Bad

+1 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Kotak Mahindara Life Insurance Unit Manager Salary FAQs

What is the salary of Unit Manager at Kotak Mahindara Life Insurance?

Unit Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹3.2 Lakhs to ₹6.5 Lakhs for experience between 4 years to 7 years. According to our estimates it is 11% less than the average Unit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance India.

How does the salary of a Unit Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?

The average salary of a Unit Manager at Kotak Mahindara Life Insurance is 11% less than the average salary of a Unit Manager in India. To know exact salary insights, login to view.

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

Sales Management, banca sales, Team Handling, Life Insurance and Life Insurance are some of the popular skills required to work as a Unit Manager at Kotak Mahindara Life Insurance India.

What is the salary of a Unit Manager in companies similar to Kotak Mahindara Life Insurance in India?

ICICI Lombard General Insurance Company Unit Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Max Life Insurance Unit Manager Salary - ₹1.8 Lakhs to ₹11.5 Lakhs per year
SBI General Insurance Unit Manager Salary - ₹3.9 Lakhs to ₹6.7 Lakhs per year
Kotak Mahindra General Insurance Unit Manager Salary - ₹3.6 Lakhs to ₹5.7 Lakhs per year
Bajaj Allianz Life Insurance Unit Manager Salary - ₹2.5 Lakhs to ₹5.5 Lakhs per year

What is the estimated take home salary of a Unit Manager at Kotak Mahindara Life Insurance in India?

The estimated take-home salary of a Unit Manager at Kotak Mahindara Life Insurance ranges between ₹40,900 per month to ₹42,051 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Unit Manager salary in India which ranges between ₹3.2 Lakhs to ₹6.5 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Unit Manager at Kotak Mahindara Life Insurance?

According to AmbitionBox, 67% of the Kotak Mahindara Life Insurance Unit Managers reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Unit Manager Salaries

Kotak Mahindara Life Insurance Unit Manager salary in India ranges between ₹3.2 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.