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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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3.7

based on 2.9k Reviews

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

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. (562 salaries)
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₹2.4 L/yr - ₹8.5 L/yr

Assistant Manager- HR

2 - 8 years exp. (7 salaries)
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₹2.5 L/yr - ₹6 L/yr

Deputy Branch Manager

3 - 6 years exp. (7 salaries)
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₹3.2 L/yr - ₹4.5 L/yr

Location Head

15 - 23 years exp. (7 salaries)
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₹9.5 L/yr - ₹13.2 L/yr

Manager - MIS

7 - 9 years exp. (7 salaries)
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₹4.2 L/yr - ₹6.6 L/yr

Chief Marketing Manager

2 - 8 years exp. (7 salaries)
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₹10 L/yr - ₹18 L/yr

Sales Manager Bancassurance

2 - 10 years exp. (7 salaries)
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₹3.5 L/yr - ₹5.5 L/yr

Senior Agency Manager

2 - 8 years exp. (7 salaries)
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₹1.2 L/yr - ₹6.2 L/yr

Insurance Sales Manager

0 - 7 years exp. (7 salaries)
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₹2.2 L/yr - ₹5 L/yr

HR Business Partner

0 - 8 years exp. (7 salaries)
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₹1.1 L/yr - ₹9.5 L/yr

Cluster Manager Banca

8 - 17 years exp. (7 salaries)
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₹5.5 L/yr - ₹13 L/yr

Recruitment Recruiter

2 - 8 years exp. (7 salaries)
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₹3.8 L/yr - ₹4.7 L/yr

Regional Vice President

16 - 24 years exp. (7 salaries)
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₹31 L/yr - ₹36 L/yr

Sales Bancassurance Manager

2 - 9 years exp. (7 salaries)
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₹4 L/yr - ₹4.8 L/yr

Senior manager hrbp

1 - 14 years exp. (7 salaries)
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₹5.1 L/yr - ₹8.6 L/yr

Regional Relationship Manager

9 - 15 years exp. (6 salaries)
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₹6.6 L/yr - ₹10 L/yr

Deputy Manager 1

3 - 9 years exp. (6 salaries)
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₹2.5 L/yr - ₹5 L/yr

Senior Project Manager

1 - 7 years exp. (6 salaries)
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₹5.1 L/yr - ₹10 L/yr

Supervisor

0 - 6 years exp. (6 salaries)
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₹1.4 L/yr - ₹5 L/yr

Underwriter

0 - 3 years exp. (6 salaries)
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₹5.1 L/yr - ₹9.1 L/yr

Duty Manager

0 - 6 years exp. (6 salaries)
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₹2.5 L/yr - ₹3.3 L/yr

Last Updated: 7 Jan, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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Salary related reviews for Kotak Mahindara Life Insurance

3.3

Rated by 138 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.

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  • 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.

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Average annual salary for Manager in Kotak Mahindara Life Insurance is INRunlock blur . Salary estimates are based on 500+ Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

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