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Kotak Mahindara Life Insurance Vice President salaries in Ahmedabad

Annual salary range
14 - 19 years exp.
₹25 Lakhs - ₹31.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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30% less than the average Vice President Salary in Insurance Companies for 14 - 19 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Vice President Salary
14 - 15 years exp. (AmbitionBox Estimate)
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₹25 L/yr - ₹30.2 L/yr

Sales & Business Development
Vice President Salary
17 - 19 years exp. (AmbitionBox Estimate)
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₹28.4 L/yr - ₹30 L/yr

Last Updated: 10 Oct 2024

Companies similar to Kotak Mahindara Life Insurance for Vice President in Ahmedabad

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Kotak Mahindara Life Insurance Vice President Salary

14 - 19 years exp. (4 salaries)

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₹25 L/yr - ₹31.3 L/yr

vs
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Axis Bank Vice President Salary

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₹22 L/yr - ₹52 L/yr

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Kotak Mahindra Bank Vice President Salary

13 - 21 years exp. (14 salaries)

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₹22 L/yr - ₹44.3 L/yr

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3 job openings
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IndusInd Bank Vice President Salary

13 - 24 years exp. (12 salaries)

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₹22 L/yr - ₹46 L/yr

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IDFC FIRST Bank Vice President Salary

12 - 19 years exp. (12 salaries)

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₹28 L/yr - ₹49 L/yr

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Sayaji Industries Vice President Salary

21 - 29 years exp. (11 salaries)

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₹23 L/yr - ₹41.1 L/yr

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Vice President salary at Kotak Mahindara Life Insurance ranges between ₹25 Lakhs to ₹31.3 Lakhs per year for employees with experience between 14 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Vice President in Ahmedabad

5mo ago
₹25 Lakhs
15 years exp.
1y ago
₹25 Lakhs
14 years exp.

Experience wise Kotak Mahindara Life Insurance Vice President salaries in Ahmedabad

Last Updated: 10 Oct 2024

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹26.6 L/yr - ₹34 L/yr
15+ years  (3 salaries)

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₹25 L/yr - ₹55 L/yr
Kotak Mahindara Life Insurance Vice President Salary and Career Growth

From

To

Vice President

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14 - 21 years exp.

Senior Vice President

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13 - 24 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindara Life Insurance

Branch Manager Salary
(5 salaries)
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₹6.5 L/yr - ₹9.9 L/yr
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₹12 L/yr - ₹18 L/yr
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₹12.69 L/yr - ₹15 L/yr

Top skills at Kotak Mahindara Life Insurance for Vice President

Predictive Modeling Statistical Modeling Analytics SAS Python

Salary related reviews for Kotak Mahindara Life Insurance

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

read more
  • Skill development - Poor
  • +4 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
  • Salary - Poor
  • +5 more

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.

read more
  • Skill development - Good
  • +1 more

Dislikes

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

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

  • Company culture - Good

Dislikes

... Company gives me 2.5% hike in appraisal after achieving a 70% of YTD Target.... Appraisal and salary hike processes at Kotak Life Insurance are deeply disappointing. Despite dedicated efforts and meeting performance targets, the appraisal system feels arbitrary and lacks transparency. Promises of career growth and salary increments are often unfulfilled, leaving employees demotivated and undervalued. There’s a noticeable disparity between the workload expectations and the compensation provided, which doesn’t align with industry standards. This undermines morale and loyalty among employees, impacting overall productivity and retention. Clearer and fairer appraisal policies are urgently needed to retain talent and boost employee satisfaction."

read more
  • Salary - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 18 Nov 2024

1.0
 for  Salary and Benefits

Likes

work life balance and the culture of the organization

  • Job security - Good
  • +2 more

Dislikes

Salary not up to the mark. not paid as per industry standard. additional branches, additional works given without proper hike in salary. Branches have poor depressing culture, no celebration, revenue generating teams at branches are recognized, not the backend teams irrespective of their contribution to the success. Overall branches are not happy place to work.

read more
  • Salary - Bad
  • +1 more
see more salary related reviews

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Kotak Mahindara Life Insurance Vice President Salary FAQs

What is the salary of Vice President at Kotak Mahindara Life Insurance in Ahmedabad?
The average salary of a Vice President at Kotak Mahindara Life Insurance in Ahmedabad typically ranges from ₹25.0 Lakhs to ₹31.3 Lakhs per year, depending on experience (from 14 years to 19 years).

The top 10% of Vice President in Ahmedabad at Kotak Mahindara Life Insurance earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Vice President 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 4 Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Vice President at Kotak Mahindara Life Insurance in Ahmedabad?
The estimated take-home salary of a Vice President at Kotak Mahindara Life Insurance in Ahmedabad typically ranges from ₹1,87,331 to ₹1,94,665 per month. This is based on the average salary range of ₹25.0 Lakhs to ₹31.3 Lakhs per year for employees with experience ranging from 14 years to 19 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 4 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 Vice President at Kotak Mahindara Life Insurance in Ahmedabad?
To be a Vice President at Kotak Mahindara Life Insurance in Ahmedabad, the key skills required include:

  • - Predictive Modeling
  • - Statistical Modeling
  • - Analytics
  • - SAS
  • - Python

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 Vice President in India?
IDFC FIRST Bank ₹28.0 Lakhs to ₹49.0 Lakhs per year
Kotak Mahindra Bank ₹22.0 Lakhs to ₹44.3 Lakhs per year
Axis Bank ₹22.0 Lakhs to ₹52.0 Lakhs per year
IndusInd Bank ₹22.0 Lakhs to ₹46.0 Lakhs per year
Sayaji Industries ₹23.0 Lakhs to ₹41.1 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.
How the salary growth look like for a Vice President at Kotak Mahindara Life Insurance in Ahmedabad?
The salary growth for a Vice President at Kotak Mahindara Life Insurance in Ahmedabad depends on factors such as experience, performance, and promotions. On average, a Vice President in Ahmedabad can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
14 years ₹26.6 Lakhs to ₹34.0 Lakhs per year
15 years ₹25.0 Lakhs to ₹55.0 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Vice President salary in Ahmedabad ranges between ₹25 Lakhs to ₹31.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.