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3.7

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Vice President salaries in Chennai

Annual salary range
17 - 20 years exp.
₹26 Lakhs - ₹32.3 Lakhs
Salary of majority employees
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30% less than the average Vice President Salary in Insurance Companies for 17 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Vice President Salary
18 - 20 years exp. (AmbitionBox Estimate)
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₹26 L/yr - ₹31 L/yr

Human Resources
Vice President Salary
17 - 18 years exp. (AmbitionBox Estimate)
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₹30 L/yr - ₹31.9 L/yr

Last Updated: 15 Mar 2023

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

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Kotak Mahindara Life Insurance Vice President Salary

17 - 20 years exp. (4 salaries)

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₹26 L/yr - ₹32.3 L/yr

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Citicorp Vice President Salary

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Standard Chartered Vice President Salary

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₹28.3 L/yr - ₹80 L/yr

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Barclays Vice President Salary

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Yes Bank Vice President Salary

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Vice President salary at Kotak Mahindara Life Insurance ranges between ₹26 Lakhs to ₹32.3 Lakhs per year for employees with experience between 17 years to 20 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 Chennai

1y ago
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17 years exp.
1y ago
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20 years exp.
1y ago
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18 years exp.
1y ago
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18 years exp.

Experience wise Kotak Mahindara Life Insurance Vice President salaries in Chennai

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹26 L/yr - ₹56.7 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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unlock blur Lakhs/yr

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

Deputy Manager Salary
(57 salaries)
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₹2.5 L/yr - ₹5.45 L/yr
Branch Manager Salary
(14 salaries)
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₹5.5 L/yr - ₹9.78 L/yr
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₹9 L/yr - ₹15.53 L/yr
Branch Head Salary
(3 salaries)
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₹8.5 L/yr - ₹10.96 L/yr
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₹29.9 L/yr - ₹45.5 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

2.0

Rated by 1 employees for salary & benefits

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 Chennai?
Vice President salary at Kotak Mahindara Life Insurance in Chennai ranges between ₹26.0 Lakhs to ₹32.3 Lakhs for experience between 17 years to 20 years. According to our estimates it is 30% less than the average Vice President Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance Chennai.
How does the salary of a Vice President at Kotak Mahindara Life Insurance Chennai compare with the average salary range for this job?
The average salary of a Vice President at Kotak Mahindara Life Insurance is 30% less than the average salary of a Vice President in Chennai. To know exact salary insights, login to view.
What are the top skills required to work as a Vice President at Kotak Mahindara Life Insurance?
Predictive Modeling, Statistical Modeling, Analytics, SAS and Python are some of the popular skills required to work as a Vice President at Kotak Mahindara Life Insurance Chennai.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Vice President in Chennai?
  • Standard Chartered Vice President Salary - ₹28.3 Lakhs to ₹80.0 Lakhs per year
  • Barclays Vice President Salary - ₹32.0 Lakhs to ₹80.0 Lakhs per year
  • Citicorp Vice President Salary - ₹26.0 Lakhs to ₹70.0 Lakhs per year
What is the salary of a Vice President in companies similar to Kotak Mahindara Life Insurance in Chennai?
  • BNY Vice President Salary - ₹14.5 Lakhs to ₹43.0 Lakhs per year
  • Yes Bank Vice President Salary - ₹13.5 Lakhs to ₹31.0 Lakhs per year
What is the estimated take home salary of a Vice President at Kotak Mahindara Life Insurance in Chennai?
The estimated take-home salary of a Vice President at Kotak Mahindara Life Insurance ranges between ₹1,92,289 per month to ₹1,99,846 per month in Chennai. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Vice President salary in India which ranges between ₹26.0 Lakhs to ₹32.3 Lakhs per year for employees with experience between 17 years to 20 years. Check how did we calculate take home salary?
What is the notice period for Vice President at Kotak Mahindara Life Insurance in Chennai?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Vice Presidents in Chennai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Vice President salary in Chennai ranges between ₹26 Lakhs to ₹32.3 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.