Kotak Mahindra General Insurance Assistant Area Manager Salaries by 3 Employees (Updated 2025)

4 - 6 years exp.

₹3.5 Lakhs - ₹4.1 Lakhs

Low Confidence

Salary of majority employees

57% less than the average Assistant Area Manager Salary in Insurance Companies for 4 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Area Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Sales & Business Development Assistant Area Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.5 L/yr

Last Updated: 2 Feb 2025

Companies similar to Kotak Mahindra General Insurance for Assistant Area Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Assistant Area Manager Salary 4 - 5 years exp. (5 salaries)	₹3.5 L/yr - ₹6 L/yr 6% more
Bajaj Allianz General Insurance Assistant Area Manager Salary 1 - 8 years exp. (3 salaries)	₹1.8 L/yr - ₹7.5 L/yr 38% more
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Shriram General Insurance Assistant Area Manager Salary 9 - 18 years exp. (7 salaries)	₹4.2 L/yr - ₹6.1 L/yr 40% more
ICICI Prudential Life Insurance Assistant Area Manager Salary 3 - 4 years exp. (3 salaries)	₹3 L/yr - ₹6 L/yr 27% more
Tractors and Farm Equipment Assistant Area Manager Salary 7 - 13 years exp. (152 salaries)	₹7.5 L/yr - ₹15 L/yr 206% more

Assistant Area Manager salary at Kotak Mahindra General Insurance ranges between ₹3.5 Lakhs to ₹4.1 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Assistant Area Manager salaries

Last Updated: 2 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Assistant Sales Manager Salary

(7 salaries)

₹2.7 L/yr - ₹4.1 L/yr

Area Manager Salary

(5 salaries)

₹10.3 L/yr - ₹17 L/yr

Area Sales Manager Salary

(7 salaries)

₹5 L/yr - ₹17.3 L/yr

Cluster Manager Salary

(4 salaries)

₹5.3 L/yr - ₹7.7 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Regional Manager Salary

(4 salaries)

₹14.5 L/yr - ₹30 L/yr

Branch Manager Salary

(6 salaries)

₹6.5 L/yr - ₹8.3 L/yr

Sales Manager Salary

(9 salaries)

₹4.25 L/yr - ₹6.96 L/yr

Relationship Manager Salary

(34 salaries)

₹2.35 L/yr - ₹5.31 L/yr

Deputy Manager Salary

(190 salaries)

₹2.95 L/yr - ₹7.25 L/yr

Salary related reviews for Kotak Mahindra General Insurance

Chief Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 02 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing

Job security - Good

Dislikes

Everything. This company owned by bunch of Kotak bankers at upper end starting from national heads. Who are at city level and if they are kotak bank migrated employee then they will become national heads in just 2 to 3 years but if you have joined from the industry then growth is negligible no matter how good you are. Think 10 times before joining kotak general insurance.

Salary - Bad

+5 more

Assistant Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 15 Feb 2024

2.0

for Salary and Benefits

Likes

False promises given by HR and Manager as was told there will be alternate Saturday Sunday off and Public Holiday but there is no holiday at all we should work on weekends as well

Job security - Good

Dislikes

Lack of knowledge system is very poor to handle it feels like i m working in government

Salary - Poor

+5 more

Relationship Manager in Raipur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 31 Aug 2024

2.0

for Salary and Benefits

Likes

Overall the system is good in process and claims.

Work-life balance - Good

Dislikes

The incentive system is worse. Also some seniors came from the bank so they still don't know about general insurance culture. Overall it is not good especially in central areas like MP CG.

Salary - Poor

+1 more

Deputy Manager Grade 2 in Panipat

Full Time

Sales & Business Development Department

3.0

• posted on 01 Nov 2023

4.0

for Salary and Benefits

Likes

Senior management is very supporting and Helping Nature And very nice hold on bank channel imd

Salary - Good

+5 more

Dislikes

Company totally working offline policy issuance All sales manager depends on ops team for policy issuance and ops team attitude is very high

Assistant Manager in IT Park Infinite Dindhosi Malad East

Full Time

Digital department Department

3.0

• posted on 08 Mar 2023

2.0

for Salary and Benefits

Likes

Good experience very nice and boss always supported and share good knowledge

Skill development - Good

+1 more

Dislikes

Sitting arrangements is not proper and they are not doing any cultural progress and any picnic . IT service slow and management is slow.

Salary - Poor

+2 more

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I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Mahindra General Insurance Assistant Area Manager Salary FAQs

What is the notice period for Assistant Area Manager at Kotak Mahindra General Insurance?

According to AmbitionBox, 100% of the Kotak Mahindra General Insurance Assistant Area Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Assistant Area Manager Salaries

Kotak Mahindra General Insurance Assistant Area Manager salary in India ranges between ₹3.5 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

Kotak Mahindra General Insurance Assistant Area Manager salaries in India

Companies similar to Kotak Mahindra General Insurance for Assistant Area Manager

Latest annual salaries shared by Kotak Mahindra General Insurance Assistant Area Manager

Experience wise Kotak Mahindra General Insurance Assistant Area Manager salaries

Similar Designation salaries in Kotak Mahindra General Insurance

Salary related reviews for Kotak Mahindra General Insurance

Chief Manager in Mumbai

Assistant Manager in Mumbai

Relationship Manager in Raipur

Deputy Manager Grade 2 in Panipat

Assistant Manager in IT Park Infinite Dindhosi Malad East

Kotak Mahindra General Insurance Assistant Area Manager Salary FAQs

Tell us how to improve this page.