Kotak Mahindra General Insurance Hyderabad / Secunderabad Assistant Manager Salaries by 10+ Employees (Updated 2025)

2 - 6 years exp.

₹2.3 Lakhs - ₹4 Lakhs

Salary of majority employees

57% less than the average Assistant Manager Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Assistant Manager Salary 2 - 6 years exp. (6 salaries)	₹2.3 L/yr - ₹4 L/yr
BFSI, Investments & Trading Assistant Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.8 L/yr
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Finance & Accounting Assistant Manager Salary 2 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.2 L/yr

Last Updated: 19 Jan 2025

Companies similar to Kotak Mahindra General Insurance for Assistant Manager in Hyderabad / Secunderabad

Kotak Mahindra General Insurance Assistant Manager Salary

2 - 6 years exp. (11 salaries)

₹2.3 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Assistant Manager Salary 0 - 7 years exp. (6 salaries)	₹2.8 L/yr - ₹5.2 L/yr 38% more
HDFC Ergo General Insurance Assistant Manager Salary 2 - 10 years exp. (61 salaries)	₹2.8 L/yr - ₹6.5 L/yr 34% more
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Bajaj Allianz General Insurance Assistant Manager Salary 1 - 14 years exp. (26 salaries)	₹5.3 L/yr - ₹9.7 L/yr 115% more	3 job openings
Reliance General Insurance Assistant Manager Salary 7 - 9 years exp. (5 salaries)	₹3.1 L/yr - ₹4.5 L/yr 12% more
Tata AIG Assistant Manager Salary 3 - 10 years exp. (6 salaries)	₹3.3 L/yr - ₹8.5 L/yr 66% more
National Insurance Company Assistant Manager Salary 8 - 12 years exp. (6 salaries)	₹12.6 L/yr - ₹16 L/yr 319% more
SBI General Insurance Assistant Manager Salary 0 - 10 years exp. (17 salaries)	₹3.4 L/yr - ₹8 L/yr 19% more
Future Generali India Life Insurance Assistant Manager Salary 4 - 11 years exp. (8 salaries)	₹4.2 L/yr - ₹8.4 L/yr 104% more	1 job opening
ICICI Prudential Life Insurance Assistant Manager Salary 1 - 12 years exp. (31 salaries)	₹3.2 L/yr - ₹7.5 L/yr 49% more
Aditya Birla Health Insurance Co Assistant Manager Salary 0 - 9 years exp. (29 salaries)	₹3.3 L/yr - ₹8 L/yr 72% more
Medi Assist India Assistant Manager Salary 5 - 14 years exp. (16 salaries)	₹4 L/yr - ₹8 L/yr 75% more	6 job openings
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MetLife Assistant Manager Salary 6 - 12 years exp. (13 salaries)	₹10 L/yr - ₹35.6 L/yr 458% more	3 job openings
HDFC Life Assistant Manager Salary 2 - 8 years exp. (13 salaries)	₹3.8 L/yr - ₹5.3 L/yr 33% more
IndiaFirst Life Insurance Assistant Manager Salary 5 - 11 years exp. (7 salaries)	₹4.5 L/yr - ₹7.5 L/yr 52% more
Royal Sundaram General Insurance Assistant Manager Salary 7 - 12 years exp. (5 salaries)	₹8 L/yr - ₹13.7 L/yr 217% more
Shriram General Insurance Assistant Manager Salary 5 - 10 years exp. (4 salaries)	₹3.3 L/yr - ₹5.1 L/yr 16% more
ManipalCigna Health Insurance Assistant Manager Salary 7 - 9 years exp. (3 salaries)	₹3.5 L/yr - ₹6.5 L/yr 79% more

Assistant Manager salary at Kotak Mahindra General Insurance ranges between ₹2.3 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Assistant Manager salaries in Hyderabad / Secunderabad

Last Updated: 19 Jan 2025

Experience	Avg Annual Salary
2 years (4 salaries)	₹2.4 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹6.2 L/yr
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4 years (3 salaries)	₹2.5 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.6 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹6.8 L/yr

From

Assistant Manager

0 - 8 years exp.

Deputy Manager

₹

Lakhs/yr

5 - 10 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra General Insurance

Deputy Manager Salary

(6 salaries)

₹4.3 L/yr - ₹6 L/yr

Team Lead Salary

(4 salaries)

₹4.7 L/yr - ₹6.48 L/yr

Top skills at Kotak Mahindra General Insurance for Assistant Manager

General Insurance Channel Partners Direct Sales Retail Sales Bancassurance

Salary related reviews for Kotak Mahindra General Insurance

1.8

Rated by 3 employees for salary & benefits

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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Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Kotak Mahindra General Insurance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Kotak Mahindra General Insurance Hyderabad / Secunderabad?

Assistant Manager salary at Kotak Mahindra General Insurance in Hyderabad / Secunderabad ranges between ₹2.3 Lakhs to ₹4.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 57% less than the average Assistant Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindra General Insurance Hyderabad / Secunderabad.

How does the salary of a Assistant Manager at Kotak Mahindra General Insurance Hyderabad / Secunderabad compare with the average salary range for this job?

The average salary of a Assistant Manager at Kotak Mahindra General Insurance is 57% less than the average salary of a Assistant Manager in Hyderabad / Secunderabad. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Manager at Kotak Mahindra General Insurance?

General Insurance, Channel Partners, Direct Sales, Retail Sales and Bancassurance are some of the popular skills required to work as a Assistant Manager at Kotak Mahindra General Insurance Hyderabad / Secunderabad.

Which similar companies are paying more than Kotak Mahindra General Insurance to a Assistant Manager in Hyderabad / Secunderabad?

MetLife Assistant Manager Salary - ₹10.0 Lakhs to ₹35.6 Lakhs per year
National Insurance Company Assistant Manager Salary - ₹12.6 Lakhs to ₹16.0 Lakhs per year
Royal Sundaram General Insurance Assistant Manager Salary - ₹8.0 Lakhs to ₹13.7 Lakhs per year
Bajaj Allianz General Insurance Assistant Manager Salary - ₹5.3 Lakhs to ₹9.7 Lakhs per year
Future Generali India Life Insurance Assistant Manager Salary - ₹4.2 Lakhs to ₹8.4 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Kotak Mahindra General Insurance in Hyderabad / Secunderabad?

ManipalCigna Health Insurance Assistant Manager Salary - ₹3.5 Lakhs to ₹6.5 Lakhs per year
Medi Assist India Assistant Manager Salary - ₹4.0 Lakhs to ₹8.0 Lakhs per year
Aditya Birla Health Insurance Co Assistant Manager Salary - ₹3.3 Lakhs to ₹8.0 Lakhs per year
Tata AIG Assistant Manager Salary - ₹3.3 Lakhs to ₹8.5 Lakhs per year
IndiaFirst Life Insurance Assistant Manager Salary - ₹4.5 Lakhs to ₹7.5 Lakhs per year

What is the estimated take home salary of a Assistant Manager at Kotak Mahindra General Insurance in Hyderabad / Secunderabad?

The estimated take-home salary of a Assistant Manager at Kotak Mahindra General Insurance ranges between ₹25,955 per month to ₹27,380 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Assistant Manager salary in India which ranges between ₹2.3 Lakhs to ₹4.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Kotak Mahindra General Insurance in Hyderabad / Secunderabad?

According to AmbitionBox, 67% of the Kotak Mahindra General Insurance Assistant Managers in Hyderabad / Secunderabad reported a notice period of 15 days or less, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Assistant Manager Salaries in Hyderabad / Secunderabad

Kotak Mahindra General Insurance Assistant Manager salary in Hyderabad / Secunderabad ranges between ₹2.3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

Kotak Mahindra General Insurance Assistant Manager salaries in Hyderabad / Secunderabad

Companies similar to Kotak Mahindra General Insurance for Assistant Manager in Hyderabad / Secunderabad

Latest annual salaries shared by Kotak Mahindra General Insurance Assistant Manager in Hyderabad / Secunderabad

Experience wise Kotak Mahindra General Insurance Assistant Manager salaries in Hyderabad / Secunderabad

Similar Designation salaries in Kotak Mahindra General Insurance

Top skills at Kotak Mahindra General Insurance for Assistant Manager

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 Manager Salary FAQs

Tell us how to improve this page.