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3.8

based on 210 Reviews

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Kotak Mahindra General Insurance Assistant Vice President salaries in India

Annual salary range
13 - 18 years exp.
₹22.5 Lakhs - ₹30.8 Lakhs
Salary of majority employees
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7% less than the average Assistant Vice President Salary in Insurance Companies for 13 - 18 years of experience

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Salaries in different departments

Finance & Accounting
Assistant Vice President Salary
17 - 18 years exp. (AmbitionBox Estimate)
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₹20.3 L/yr - ₹24.8 L/yr

Marketing & Communication
Assistant Vice President Salary
17 - 18 years exp. (AmbitionBox Estimate)
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₹27.7 L/yr - ₹33.9 L/yr

IT & Information Security
Assistant Vice President Salary
13 years exp. (AmbitionBox Estimate)
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₹25.2 L/yr - ₹30.8 L/yr

Last Updated: 18 Oct 2024

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HDFC Life Assistant Vice President Salary

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₹22.2 L/yr - ₹52 L/yr

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₹32.5 L/yr - ₹59 L/yr

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₹25 L/yr - ₹37 L/yr

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₹20 L/yr - ₹30 L/yr

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₹30 L/yr - ₹65 L/yr

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Assistant Vice President salary at Kotak Mahindra General Insurance ranges between ₹22.5 Lakhs to ₹30.8 Lakhs per year for employees with experience between 13 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra General Insurance.

Latest annual salaries shared by Kotak Mahindra General Insurance Assistant Vice President

2mo ago
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18 years exp.
5mo ago
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17 years exp.
9mo ago
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13 years exp.
1y ago
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18 years exp.
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17 years exp.

Experience wise Kotak Mahindra General Insurance Assistant Vice President salaries

Last Updated: 18 Oct 2024

Experience Avg Annual Salary
13 years (AmbitionBox Estimate)

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₹11.2 L/yr - ₹28 L/yr
14 years (AmbitionBox Estimate)

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₹24.9 L/yr - ₹31.8 L/yr
15+ years  (4 salaries)

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₹22.5 L/yr - ₹30.8 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Software Engineer Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
Team Lead Salary
(25 salaries)
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₹3.7 L/yr - ₹6.48 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.3 L/yr
Project Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

Salary related reviews for Kotak Mahindra General Insurance

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 02 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing

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.

read more

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

read more

Dislikes

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

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.

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.

read more

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

Dislikes

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

read more

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

Dislikes

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

read more
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Kotak Mahindra General Insurance Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at Kotak Mahindra General Insurance?
Assistant Vice President salary at Kotak Mahindra General Insurance in India ranges between ₹22.5 Lakhs to ₹30.8 Lakhs for experience between 13 years to 18 years. According to our estimates it is 7% less than the average Assistant Vice President Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra General Insurance India.
How does the salary of a Assistant Vice President at Kotak Mahindra General Insurance India compare with the average salary range for this job?
The average salary of a Assistant Vice President at Kotak Mahindra General Insurance is 7% less than the average salary of a Assistant Vice President in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra General Insurance to a Assistant Vice President in India?
  • AXA Business Services Assistant Vice President Salary - ₹30.0 Lakhs to ₹65.0 Lakhs per year
  • Aditya Birla Health Insurance Co Assistant Vice President Salary - ₹32.5 Lakhs to ₹59.0 Lakhs per year
  • HDFC Life Assistant Vice President Salary - ₹22.2 Lakhs to ₹52.0 Lakhs per year
  • Bajaj Allianz General Insurance Assistant Vice President Salary - ₹20.1 Lakhs to ₹43.0 Lakhs per year
  • ICICI Prudential Life Insurance Assistant Vice President Salary - ₹21.2 Lakhs to ₹40.0 Lakhs per year
What is the salary of a Assistant Vice President in companies similar to Kotak Mahindra General Insurance in India?
  • SBI General Insurance Assistant Vice President Salary - ₹18.2 Lakhs to ₹34.9 Lakhs per year
  • Swiss Re Assistant Vice President Salary - ₹12.0 Lakhs to ₹41.6 Lakhs per year
  • Bharti AXA Life Insurance Assistant Vice President Salary - ₹25.0 Lakhs to ₹37.0 Lakhs per year
  • Tata AIG Assistant Vice President Salary - ₹15.0 Lakhs to ₹40.0 Lakhs per year
  • Digit Insurance Assistant Vice President Salary - ₹20.0 Lakhs to ₹30.0 Lakhs per year
What is the estimated take home salary of a Assistant Vice President at Kotak Mahindra General Insurance in India?
The estimated take-home salary of a Assistant Vice President at Kotak Mahindra General Insurance ranges between ₹1,70,304 per month to ₹1,76,868 per month in India. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Assistant Vice President salary in India which ranges between ₹22.5 Lakhs to ₹30.8 Lakhs per year for employees with experience between 13 years to 18 years. Check how did we calculate take home salary?
What is the notice period for Assistant Vice President at Kotak Mahindra General Insurance?
According to AmbitionBox, 100% of the Kotak Mahindra General Insurance Assistant Vice Presidents reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra General Insurance Assistant Vice President salary in India ranges between ₹22.5 Lakhs to ₹30.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.