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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 Senior Manager Salaries in India (Updated 2025)

based on 681 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

Senior Manager

0 - 14 years exp. (579 salaries)
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₹3.3 L/yr - ₹10.4 L/yr

1 job opening

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

Assistant Manager - Administration

1 - 8 years exp. (7 salaries)
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₹1.9 L/yr - ₹2.8 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: 5 Jan, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Salary related reviews for Kotak Mahindara Life Insurance

3.2

Rated by 145 employees for salary & benefits

Senior Manager in Jorhat

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 01 May 2024
2.0
 for  Salary and Benefits

Likes

Nothing good to write about.

Dislikes

Can't even count the dislikes. 1. You are never sure that you will get your salary on time. HR can (by mistake) mistakes at time of salary credit. 2. Upper management lies alot. 3. You wont learn anything, if u have ideas of growth and benificial for the company (Forget It) 4. HR is just a word, the people of the department don't know what HR does for a change. 5. You will be promissed alot of things at time of joining, rest assured they are just a myth. This list can go on and on, i just don't wanna waste my time on them anymore.

read more
  • Salary - Poor
    • +6 more

Senior Manager in Mumbai

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 04 Oct 2021
3.0
 for  Salary and Benefits

Likes

Company has a good work culture but work pressure would be on higher side as compared to salary groth. Good company to join for steady long-term growth

read more
  • Skill development - Good
    • +3 more

Dislikes

There is no transport management service. HR is least active in organization. No events for employees even in festival season. Including no sweets distribution festival like Diwali/Dushera/Eid

read more

Sales Manager in Mumbai

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

Deputy Manager in Mumbai

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

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  • Skill development - Poor
    • +4 more

Relationship Manager in Kolkata

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 17 Feb 2023
1.0
 for  Salary and Benefits

Likes

... here 2yrs and they continue lied to me and us.. They have comission based job.. they will never give you any kind of salary..

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Dislikes

I like nothing about them.. I m with my word..

  • Salary - Bad
    • +6 more
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Average annual salary for Senior Manager in Kotak Mahindara Life Insurance is INRunlock blur . Salary estimates are based on 600+ Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

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