Kotak Mahindra General Insurance Lucknow Assistant Manager Salaries by 10 Employees (Updated 2025)

3 - 6 years exp.

₹1.9 Lakh - ₹4.6 Lakhs

Salary of majority employees

48% less than the average Assistant Manager Salary in Insurance Companies for 3 - 6 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager Salary 3 - 5 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
BFSI, Investments & Trading Assistant Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.1 L/yr
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Marketing & Communication Assistant Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr
Customer Success, Service & Operations Assistant Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
Sales & Business Development Assistant Manager Salary 5 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹4.5 L/yr

Last Updated: 21 May 2024

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

Kotak Mahindra General Insurance Assistant Manager Salary

3 - 6 years exp. (10 salaries)

₹1.9 L/yr - ₹4.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Assistant Manager Salary 3 - 13 years exp. (14 salaries)	₹6.4 L/yr - ₹9.5 L/yr 112% more	3 job openings
SBI General Insurance Assistant Manager Salary 0 - 10 years exp. (7 salaries)	₹3.8 L/yr - ₹8.8 L/yr 13% more
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ICICI Prudential Life Insurance Assistant Manager Salary 1 - 10 years exp. (23 salaries)	₹4 L/yr - ₹6.4 L/yr 41% more
IndiaFirst Life Insurance Assistant Manager Salary 4 - 10 years exp. (9 salaries)	₹4.3 L/yr - ₹6.3 L/yr 38% more
HDFC Life Assistant Manager Salary 2 - 6 years exp. (9 salaries)	₹3.2 L/yr - ₹6 L/yr 25% more
Shriram General Insurance Assistant Manager Salary 6 - 7 years exp. (3 salaries)	₹2.3 L/yr - ₹5 L/yr 3% more

Assistant Manager salary at Kotak Mahindra General Insurance ranges between ₹1.9 Lakh to ₹4.6 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Assistant Manager salaries in Lucknow

Last Updated: 21 May 2024

Experience	Avg Annual Salary
3 years (3 salaries)	₹3.5 L/yr - ₹3.8 L/yr
4 years (3 salaries)	₹1.9 L/yr - ₹4.6 L/yr
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5 years (3 salaries)	₹2.6 L/yr - ₹6.9 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹7.1 L/yr

From

Assistant Manager

1 - 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

(7 salaries)

₹3.25 L/yr - ₹5.4 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

3.0

Rated by 1 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

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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Salary Discussions, Hike & Promotions

1w (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 Salary FAQs

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

Assistant Manager salary at Kotak Mahindra General Insurance in Lucknow ranges between ₹1.9 Lakhs to ₹4.6 Lakhs for experience between 3 years to 6 years. According to our estimates it is 48% less than the average Assistant Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra General Insurance Lucknow.

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

The average salary of a Assistant Manager at Kotak Mahindra General Insurance is 48% less than the average salary of a Assistant Manager in Lucknow. 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 Lucknow.

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

Bajaj Allianz General Insurance Assistant Manager Salary - ₹6.4 Lakhs to ₹9.5 Lakhs per year
ICICI Prudential Life Insurance Assistant Manager Salary - ₹4.0 Lakhs to ₹6.4 Lakhs per year
IndiaFirst Life Insurance Assistant Manager Salary - ₹4.3 Lakhs to ₹6.3 Lakhs per year
HDFC Life Assistant Manager Salary - ₹3.2 Lakhs to ₹6.0 Lakhs per year
SBI General Insurance Assistant Manager Salary - ₹3.8 Lakhs to ₹8.8 Lakhs per year

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

Shriram General Insurance Assistant Manager Salary - ₹2.3 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at Kotak Mahindra General Insurance ranges between ₹27,619 per month to ₹29,018 per month in Lucknow. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Assistant Manager salary in India which ranges between ₹1.9 Lakhs to ₹4.6 Lakhs per year for employees with experience between 3 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 Lucknow?

According to AmbitionBox, 75% of the Kotak Mahindra General Insurance Assistant Managers in Lucknow reported a notice period of 1 Month, 25% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Assistant Manager Salaries in Lucknow

Kotak Mahindra General Insurance Assistant Manager salary in Lucknow ranges between ₹1.9 Lakh to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

Kotak Mahindra General Insurance Assistant Manager salaries in Lucknow

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

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

Experience wise Kotak Mahindra General Insurance Assistant Manager salaries in Lucknow

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

Assistant Manager in Mumbai

Deputy Manager Grade 2 in Panipat

Kotak Mahindra General Insurance Assistant Manager Salary FAQs

Tell us how to improve this page.