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

4 - 6 years exp.

₹3.3 Lakhs - ₹4.8 Lakhs

Low Confidence

Salary of majority employees

30% less than the average Assistant Manager Claims Salary in Insurance Companies for 4 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Claims Salary 4 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.6 L/yr
Legal & Regulatory Assistant Manager Claims Salary 6 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.2 L/yr
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Risk Management & Compliance Assistant Manager Claims Salary 5 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.3 L/yr

Last Updated: 17 Mar 2023

Companies similar to Kotak Mahindra General Insurance for Assistant Manager Claims

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Assistant Manager Claims Salary 3 - 9 years exp. (12 salaries)	₹4.4 L/yr - ₹7.4 L/yr 46% more
Bajaj Allianz General Insurance Assistant Manager Claims Salary 4 - 12 years exp. (4 salaries)	₹3.1 L/yr - ₹9 L/yr 79% more
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Reliance General Insurance Assistant Manager Claims Salary 6 - 14 years exp. (4 salaries)	₹4 L/yr - ₹4.2 L/yr 5% more
Tata AIG Assistant Manager Claims Salary 2 - 12 years exp. (3 salaries)	₹2.5 L/yr - ₹8.8 L/yr 31% more
Shriram General Insurance Assistant Manager Claims Salary 1 - 8 years exp. (7 salaries)	₹2.5 L/yr - ₹4 L/yr 17% less
Aditya Birla Health Insurance Co Assistant Manager Claims Salary 2 - 5 years exp. (7 salaries)	₹5.8 L/yr - ₹7.1 L/yr 65% more
Medi Assist India Assistant Manager Claims Salary 3 - 9 years exp. (5 salaries)	₹3.5 L/yr - ₹7 L/yr 42% more
ICICI Prudential Life Insurance Assistant Manager Claims Salary 2 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹5.1 L/yr 20% more
Royal Sundaram General Insurance Assistant Manager Claims Salary 6 - 16 years exp. (3 salaries)	₹10.9 L/yr - ₹14 L/yr 201% more
Bharti AXA Life Insurance Assistant Manager Claims Salary 9 - 15 years exp. (3 salaries)	₹7.5 L/yr - ₹8 L/yr 97% more

Assistant Manager Claims salary at Kotak Mahindra General Insurance ranges between ₹3.3 Lakhs to ₹4.8 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 Manager Claims salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Branch Relationship Manager Salary

(54 salaries)

₹2.95 L/yr - ₹4.7 L/yr

Relationship Manager Salary

(34 salaries)

₹2.35 L/yr - ₹5.31 L/yr

Deputy Vice President Salary

(20 salaries)

₹21 L/yr - ₹35 L/yr

Location Manager Salary

(16 salaries)

₹5.7 L/yr - ₹11.8 L/yr

Underwriting Manager Salary

(7 salaries)

₹2.8 L/yr - ₹9.2 L/yr

Location Head Salary

(7 salaries)

₹8.2 L/yr - ₹14 L/yr

Branch Manager Salary

(6 salaries)

₹6.5 L/yr - ₹8.3 L/yr

Bancassurance Manager Salary

(5 salaries)

₹3 L/yr - ₹8.5 L/yr

Claims Manager Salary

(4 salaries)

₹4.1 L/yr - ₹7 L/yr

Cluster Manager Salary

(4 salaries)

₹5.3 L/yr - ₹7.7 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

Assistant Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 06 Feb 2025

1.0

for Salary and Benefits

Likes

There's nothing to like

Dislikes

Everything...no work life balance No appraisal, no matter how much you give your efforts it's a waste. Here no body care about your health or your hard work. Only favourite ppls will get everything they want.

Salary - Bad

+6 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

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Kotak Mahindra General Insurance Assistant Manager Claims Salary FAQs

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

According to AmbitionBox, 100% of the Kotak Mahindra General Insurance Assistant Manager Claimss reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Assistant Manager Claims Salaries

Kotak Mahindra General Insurance Assistant Manager Claims salary in India ranges between ₹3.3 Lakhs to ₹4.8 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 Manager Claims salaries in India

Companies similar to Kotak Mahindra General Insurance for Assistant Manager Claims

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

Experience wise Kotak Mahindra General Insurance Assistant Manager Claims 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

Assistant Manager in Mumbai

Deputy Manager Grade 2 in Panipat

Kotak Mahindra General Insurance Assistant Manager Claims Salary FAQs

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