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Kotak Mahindara Life Insurance Assistant Manager Salaries in India (Updated 2025)

based on 724 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs
0 - 8 years exp. (742 salaries)
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₹2 L/yr - ₹5 L/yr

1 job opening
0 - 9 years exp. (761 salaries)
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₹2 L/yr - ₹5.7 L/yr

0 - 10 years exp. (562 salaries)
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₹2 L/yr - ₹6 L/yr

5 job openings
0 - 7 years exp. (216 salaries)
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₹1.8 L/yr - ₹7 L/yr

17 job openings
Starting your career? Discover Kotak Mahindara Life Insurance fresher salaries in India
3 - 18 years exp. (204 salaries)
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₹5 L/yr - ₹13.5 L/yr

4 - 15 years exp. (82 salaries)
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₹4.3 L/yr - ₹8.5 L/yr

1 - 13 years exp. (42 salaries)
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₹2.7 L/yr - ₹9 L/yr

2 - 10 years exp. (34 salaries)
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₹1.2 L/yr - ₹7 L/yr

0 - 6 years exp. (20 salaries)
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₹2.2 L/yr - ₹4.5 L/yr

0 - 7 years exp. (12 salaries)
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₹1.2 L/yr - ₹7.5 L/yr

0 - 2 years exp. (4 salaries)
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₹1.2 L/yr - ₹4 L/yr

2 - 8 years exp. (4 salaries)
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₹2.8 L/yr - ₹3.5 L/yr

0 - 7 years exp. (4 salaries)
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₹1.7 L/yr - ₹4 L/yr

0 - 5 years exp. (3 salaries)
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₹2 L/yr - ₹6.5 L/yr

0 - 12 years exp. (662 salaries)
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₹2.5 L/yr - ₹5.3 L/yr

8 job openings
0 - 17 years exp. (469 salaries)
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₹5.1 L/yr - ₹17.3 L/yr

8 - 19 years exp. (212 salaries)
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₹7 L/yr - ₹27.7 L/yr

0 - 3 years exp. (192 salaries)
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₹2.7 L/yr - ₹6.3 L/yr

1 job opening
0 - 9 years exp. (169 salaries)
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₹2.6 L/yr - ₹4.5 L/yr

6 - 11 years exp. (150 salaries)
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₹4.8 L/yr - ₹12.8 L/yr

0 - 11 years exp. (134 salaries)
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₹2.5 L/yr - ₹4.6 L/yr

Last Updated: 4 Jan, 2025

Salary related reviews for Kotak Mahindara Life Insurance

3.2

Rated by 118 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 21 Nov 2024

2.0
 for  Salary and Benefits

Likes

It's normal decent job where we are getting only salary.

Dislikes

There are so many things which dislike we don't get much than salary like diwali gift or any other programs also not done by company and there are allot of pressure on sales which we work on operation so had bad experience in operations in KOTAK

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 18 Jun 2023

2.0
 for  Salary and Benefits

Likes

Job security is what i like in kotak life

  • Job security - Excellent

Dislikes

... no then your promotion will be done otherwise forget about your promotion. 3. Cost cutting 4. Hiring process is too slow 5. Everyone is ready to take credit of their junior’s

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Administration & Facilities Department

3.0
  •  posted on 06 Dec 2021

2.0
 for  Salary and Benefits

Likes

Top management is not good. Work culture is good. Appraisal are not fare. They are not giving proper salary hike and bonus. Bonus is totally depend on senior management not on performance.

read more
  • Skill development - Good
  • +1 more

Dislikes

There is so much politics. Salary is not good and there is no career growth.

read more
  • Salary - Poor
  • +3 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

 · 

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
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Average annual salary for Assistant Manager in Kotak Mahindara Life Insurance is INRunlock blur . Salary estimates are based on 700+ Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

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