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This company page is being actively managed by Kotak Mahindara Life Insurance Team. If you also belong to the team, you can get access from here

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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Manager Salaries in India

based on 564 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

Manager

0 - 12 years exp. (567 salaries)
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₹2.8 L/yr - ₹8.5 L/yr

Business Development and Recruitment Manager

4 - 9 years exp. (6 salaries)
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₹2.8 L/yr - ₹4.6 L/yr

Chief Human Resource Manager

10 - 15 years exp. (6 salaries)
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₹8.3 L/yr - ₹9.5 L/yr

Life Insurance Manager

0 - 8 years exp. (6 salaries)
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₹2.8 L/yr - ₹5 L/yr

Sales Manager 2

4 - 16 years exp. (6 salaries)
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₹4.3 L/yr - ₹5.3 L/yr

Medical Underwriter

0 - 2 years exp. (6 salaries)
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₹5.2 L/yr - ₹8 L/yr

Officer

0 - 11 years exp. (6 salaries)
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₹3 L/yr - ₹4.5 L/yr

Agency Sales Manager

2 - 4 years exp. (5 salaries)
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₹2.2 L/yr - ₹4.7 L/yr

2 job openings

Manager- Corporate Sales

2 - 8 years exp. (5 salaries)
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₹4 L/yr - ₹5.1 L/yr

Cluster Manager Operations

5 - 17 years exp. (5 salaries)
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₹4.8 L/yr - ₹6.4 L/yr

Sales Support Coordinator

1 - 3 years exp. (5 salaries)
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₹0.9 L/yr - ₹2.7 L/yr

Vice President Sales

21 - 26 years exp. (5 salaries)
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₹34 L/yr - ₹45 L/yr

Back Office Staff

0 - 3 years exp. (5 salaries)
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₹1.2 L/yr - ₹2.3 L/yr

Legal Manager

2 - 3 years exp. (5 salaries)
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₹5.5 L/yr - ₹8 L/yr

Area Business Manager

2 - 15 years exp. (5 salaries)
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₹5.4 L/yr - ₹7.3 L/yr

Chief Project Manager

12 - 16 years exp. (5 salaries)
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₹12 L/yr - ₹16 L/yr

Deputy Manager - Finance

4 - 8 years exp. (5 salaries)
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₹3.2 L/yr - ₹4 L/yr

Administration Assistant

4 - 8 years exp. (5 salaries)
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₹2.9 L/yr - ₹3.2 L/yr

Sales Team Leader

0 - 6 years exp. (5 salaries)
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₹1.2 L/yr - ₹7.3 L/yr

Sales & Marketing

0 - 9 years exp. (5 salaries)
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₹3 L/yr - ₹5 L/yr

Executive Manager

1 - 6 years exp. (5 salaries)
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₹2 L/yr - ₹3.8 L/yr

Last Updated: 7 Jan, 2025

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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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Salary related reviews for Kotak Mahindara Life Insurance

3.4

Rated by 132 employees for salary & benefits

Manager in Kolkata

Full Time

 · 

Other Department

1.0
  •  posted on 19 Jul 2023
1.0
 for  Salary and Benefits

Likes

Other than job security there is nothing positive.Job security is there due high attrition & new people hardly join.

Dislikes

... mails.Its better to stay jobless than work over here.Its not a job it's a scam.People are forced to pay money from their own pockets regularly.Its a complete mess.

read more
  • Salary - Bad
    +4 more

Manager in Madurai

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 22 Apr 2023
3.0
 for  Salary and Benefits

Likes

Work life balance was really good, Had good Growth with 3Promotions in 8years Allowed WFH during Covid Situation Good Learning in Personality development and Management.

read more
  • Skill development - Good
    +2 more

Dislikes

Salary not upto the market standards Internal Politics with bith HO & Regional levels. Growth stagnant after certain levels due to Comfort Zone of Regional Level Managers. No proper Clarity on appraisal based on our performance.

read more

Manager in Central Side Mumbai

BFSI, Investments & Trading Department

3.0
  •  posted on 06 Jan 2022
4.0
 for  Salary and Benefits

Likes

Working from last 5+ years very good experience. Lots of things which I don't know I learn here. Company culture also good job security depends on your performance as I am in sales you no the pressure. Not much pressure compare to other companies. Company employee policies are best good benifits.

read more
  • Salary - Good
    +3 more

Dislikes

Management does not address our issues. salary is decent but career growth is slow after giving year to year outstanding performance.

read more

Manager in Siliguri

BFSI, Investments & Trading Department

4.0
  •  posted on 10 Mar 2022
3.0
 for  Salary and Benefits

Likes

Kotak Life is good option for those who wants a average salary in their home town and don't want any promotions. Overall Management is good.

read more
  • Skill development - Good
    +2 more

Dislikes

Work-life balance is not up to the mark. You will not going to get desired increment and promotions also after serving a lot for the company for 5-6 years.

read more
  • Promotions - Poor

Manager in Mumbai

Customer Success, Service & Operations Department

5.0
  •  posted on 04 Feb 2020
3.0
 for  Salary and Benefits

Likes

Company is very good , IT support and company culture is very good , proper tranning is provided flexible working hour is provided .

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  • Skill development - Excellent
    +4 more

Dislikes

...rowth. Company is far away from goregaon stations and paid bus service is there. Compensation is low as per maket.

read more
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Kotak Mahindara Life Insurance Salary FAQs

How much does Kotak Mahindara Life Insurance pay per year?
The average Kotak Mahindara Life Insurance salary ranges from approximately ₹0.5 Lakh to ₹2 Lakhs per year for a LA and ₹69 Lakhs to ₹98 Lakhs per year for a Executive Vice President. Salary estimates are based on 564 Kotak Mahindara Life Insurance salaries received from various employees of Kotak Mahindara Life Insurance. Kotak Mahindara Life Insurance employees rate the overall salary and benefits package 3.4/5 stars.
What is the highest salary in Kotak Mahindara Life Insurance?
The highest-paying job at Kotak Mahindara Life Insurance is a Executive Vice President with a salary of ₹69 Lakhs to ₹98 Lakhs per year. The top 10% of employees earn more than ₹11 lakhs per year. The top 1% earn more than a whopping ₹32.82 lakhs per year.
What is the minimum salary in Kotak Mahindara Life Insurance?
Minimum salary at Kotak Mahindara Life Insurance depends on the role you are applying for. For Assistant Manager the minimum salary is ₹2 Lakhs to ₹4.9 Lakhs per year, and for Management Trainee the minimum salary is ₹2.7 Lakhs to ₹6.5 Lakhs per year and so on.
What is the salary package for freshers in Kotak Mahindara Life Insurance?
The average salary at Kotak Mahindara Life Insurance for freshers varies from ₹0.7 Lakh to ₹2.5 Lakhs per year for Telecaller and ₹7.5 Lakhs to ₹15.5 Lakhs per year for Chief Manager.
What is the notice period for Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 34% of the Kotak Mahindara Life Insurance Managers reported a notice period of 2 Months, 29% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 574 responses on AmbitionBox in last 2 years.

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Average annual salary for Manager in Kotak Mahindara Life Insurance is INRunlock blur . Salary estimates are based on 564 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

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