Kotak Mahindra General Insurance Kolkata Assistant Manager Salaries by 7 Employees (Updated 2025)

2 - 7 years exp.

₹2.4 Lakhs - ₹3.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

55% less than the average Assistant Manager Salary in Insurance Companies for 2 - 7 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 3 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3.9 L/yr
Customer Success, Service & Operations Assistant Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
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Finance & Accounting Assistant Manager Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹4.3 L/yr
Sales & Business Development Assistant Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 12 Jan 2025

Companies similar to Kotak Mahindra General Insurance for Assistant Manager in Kolkata

Kotak Mahindra General Insurance Assistant Manager Salary

2 - 7 years exp. (7 salaries)

₹2.4 L/yr - ₹3.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Assistant Manager Salary 0 - 7 years exp. (31 salaries)	₹2.3 L/yr - ₹3.9 L/yr 2% less	1 job opening
HDFC Life Assistant Manager Salary 1 - 10 years exp. (12 salaries)	₹3 L/yr - ₹5.6 L/yr 37% more
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IndiaFirst Life Insurance Assistant Manager Salary 4 - 6 years exp. (7 salaries)	₹4.5 L/yr - ₹6.2 L/yr 52% more
Medi Assist India Assistant Manager Salary 6 - 12 years exp. (7 salaries)	₹3.1 L/yr - ₹6.5 L/yr 68% more	2 job openings
United India Insurance Company Assistant Manager Salary 7 - 12 years exp. (7 salaries)	₹9 L/yr - ₹18 L/yr 336% more
Cholamandalam MS General Insurance Assistant Manager Salary 4 - 7 years exp. (5 salaries)	₹4.6 L/yr - ₹6.2 L/yr 32% more
Bharti AXA Life Insurance Assistant Manager Salary 3 - 7 years exp. (4 salaries)	₹3 L/yr - ₹6.3 L/yr 60% more
The New India Assurance Co. Assistant Manager Salary 6 - 11 years exp. (3 salaries)	₹10 L/yr - ₹16 L/yr 322% more
Edelweiss Life Insurance Assistant Manager Salary 2 - 6 years exp. (3 salaries)	₹4.5 L/yr - ₹13 L/yr 151% more

Assistant Manager salary at Kotak Mahindra General Insurance ranges between ₹2.4 Lakhs to ₹3.9 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Assistant Manager salaries in Kolkata

Last Updated: 12 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
3 years (3 salaries)	₹2.4 L/yr - ₹3.9 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr

View all

From

Assistant Manager

0 - 8 years exp.

Deputy Manager

4 - 12 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

(5 salaries)

₹4.5 L/yr - ₹5.66 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

5.0

Rated by 2 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

Business Relationship Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Mar 2025

3.0

for Salary and Benefits

Likes

If a person spent 1 year here that employee can gather huge knoledge about general insurance..the training procedure is really awsome.

Skill development - Excellent

+2 more

Dislikes

Work life balance and the supervisor behaviour is too much pathetic.

Promotions - Poor

+2 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

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Kotak Mahindra General Insurance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Kotak Mahindra General Insurance in Kolkata?

The average salary of a Assistant Manager at Kotak Mahindra General Insurance in Kolkata typically ranges from ₹2.4 Lakhs to ₹3.9 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Assistant Manager in Kolkata at Kotak Mahindra General Insurance earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹3.9 Lakhs per year. Assistant Manager Salaries at Kotak Mahindra General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 Kotak Mahindra General Insurance employees in India.

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

The estimated take-home salary of a Assistant Manager at Kotak Mahindra General Insurance in Kolkata typically ranges from ₹26,129 to ₹27,551 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.9 Lakhs per year for employees with experience ranging from 2 years to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Kotak Mahindra General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at Kotak Mahindra General Insurance in Kolkata?

To be a Assistant Manager at Kotak Mahindra General Insurance in Kolkata, the key skills required include:

- General Insurance
- Channel Partners
- Direct Sales
- Retail Sales
- Bancassurance

These skills are highly valued at Kotak Mahindra General Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindra General Insurance for Assistant Manager in India?

United India Insurance Company	₹9.0 Lakhs to ₹18.0 Lakhs per year
The New India Assurance Co.	₹10.0 Lakhs to ₹16.0 Lakhs per year
Edelweiss Life Insurance	₹4.5 Lakhs to ₹13.0 Lakhs per year
Medi Assist India	₹3.1 Lakhs to ₹6.5 Lakhs per year
Bharti AXA Life Insurance	₹3.0 Lakhs to ₹6.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra General Insurance, depending on the role and experience level.

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

The salary of a Assistant Manager at companies similar to Kotak Mahindra General Insurance in Kolkata varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndiaFirst Life Insurance	₹4.5 Lakhs to ₹6.2 Lakhs per year
HDFC Life	₹3.0 Lakhs to ₹5.6 Lakhs per year
Cholamandalam MS General Insurance	₹4.6 Lakhs to ₹6.2 Lakhs per year
Kotak Mahindara Life Insurance	₹2.3 Lakhs to ₹3.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Assistant Manager at Kotak Mahindra General Insurance in Kolkata?

The salary growth for a Assistant Manager at Kotak Mahindra General Insurance in Kolkata depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Kolkata can expect the following growth trajectory at Kotak Mahindra General Insurance:

Experience	Average Salary Range
2 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.9 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
5 years	₹3.3 Lakhs to ₹4.2 Lakhs per year

and so on.

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Kotak Mahindra General Insurance Assistant Manager Salaries in Kolkata

Kotak Mahindra General Insurance Assistant Manager salary in Kolkata ranges between ₹2.4 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

Kotak Mahindra General Insurance Assistant Manager salaries in Kolkata (Updated 2025)

Companies similar to Kotak Mahindra General Insurance for Assistant Manager in Kolkata

Latest annual salaries shared by Kotak Mahindra General Insurance Assistant Manager in Kolkata

Experience wise Kotak Mahindra General Insurance Assistant Manager salaries in Kolkata

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

Business Relationship Manager in Kolkata

Relationship Manager in Raipur

Assistant Manager in Mumbai

Kotak Mahindra General Insurance Assistant Manager Salary FAQs

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