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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Managing Partner Salaries in India

based on 118 latest salaries
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BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs
0 - 9 years exp. (118 salaries)
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₹2.5 L/yr - ₹6.8 L/yr

2 job openings
0 - 9 years exp. (938 salaries)
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₹2 L/yr - ₹5.7 L/yr

11 - 20 years exp. (187 salaries)
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₹6.5 L/yr - ₹25.3 L/yr

0 - 2 years exp. (172 salaries)
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₹1 L/yr - ₹6.7 L/yr

Starting your career? Discover Kotak Mahindara Life Insurance fresher salaries in India
0 - 5 years exp. (5 salaries)
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₹1 L/yr - ₹4 L/yr

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

1 - 9 years exp. (4 salaries)
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₹2.4 L/yr - ₹6.1 L/yr

1 - 30 years exp. (3 salaries)
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₹24 L/yr - ₹65 L/yr

3 - 6 years exp. (3 salaries)
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₹5.9 L/yr - ₹7.6 L/yr

1 job opening
4 - 5 years exp. (AmbitionBox Estimate)
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₹4.4 L/yr - ₹8 L/yr

2 years exp. (AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.3 L/yr

2 years exp. (AmbitionBox Estimate)
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₹5.1 L/yr - ₹6.5 L/yr

0 - 12 years exp. (544 salaries)
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₹2.5 L/yr - ₹5.2 L/yr

5 job openings
0 - 10 years exp. (528 salaries)
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₹1.7 L/yr - ₹6.3 L/yr

7 job openings
0 - 17 years exp. (430 salaries)
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₹5.1 L/yr - ₹19 L/yr

3 - 18 years exp. (211 salaries)
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₹4.5 L/yr - ₹12.8 L/yr

4 - 14 years exp. (164 salaries)
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₹4.2 L/yr - ₹9.3 L/yr

0 - 7 years exp. (158 salaries)
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₹2 L/yr - ₹5.5 L/yr

6 job openings
0 - 10 years exp. (147 salaries)
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₹2.5 L/yr - ₹5 L/yr

1 job opening
0 - 11 years exp. (136 salaries)
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₹2.5 L/yr - ₹4.6 L/yr

13 - 21 years exp. (129 salaries)
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₹11.6 L/yr - ₹38 L/yr

Last Updated: 2 Dec, 2024

Salary related reviews for Kotak Mahindara Life Insurance

3.2

Rated by 36 employees for salary & benefits

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

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Full Time

 · 

Marketing & Communication Department

4.0
  •  posted on 08 May 2021

4.0
 for  Salary and Benefits

Likes

It is all about leadership. If you are good in recruitment then you will more success and financial compensation also.

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Dislikes

Senior managers are not available all times so you handle alone and spoil resource coz lack of knowledge and experiences

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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.

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Dislikes

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

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Aug 2024

2.0
 for  Salary and Benefits

Likes

Kotak Life learning with colleagues and seniors, helpful people. New innovations happening in business and product teams.

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Dislikes

Human Resources and employees understanding. Human resource donot do anything for employees just gives threat on every occasion to employees for salary hold. New generation should not join this company as ther are better HR polices elsewhere Some department like IT areas slow,no future thought processes. As HR polices are so bad that even your managers and head of department are weak and toothless for any new initiatives

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

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."

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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 ₹1 Lakh to ₹2 Lakhs per year for a Back Office Computer Operator and ₹69 Lakhs to ₹98 Lakhs per year for a Executive Vice President. Salary estimates are based on 118 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 3.2/5 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 ₹10.91 lakhs per year. The top 1% earn more than a whopping ₹32 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 ₹4.8 Lakhs per year, and for Management Trainee the minimum salary is ₹1 Lakh to ₹6.7 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 Managing Partner at Kotak Mahindara Life Insurance?
According to AmbitionBox, 52% of the Kotak Mahindara Life Insurance Managing Partners reported a notice period of 1 Month, 28% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 50 responses on AmbitionBox in last 2 years.

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Average annual salary for Managing Partner in Kotak Mahindara Life Insurance is INRunlock blur . Salary estimates are based on 118 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

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