Kotak Mahindra General Insurance Mumbai Assistant Vice President Salaries by 3 Employees

13 - 18 years exp.

₹22.5 Lakhs - ₹28 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

17% 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)	₹20.3 L/yr - ₹24.8 L/yr
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IT & Information Security Assistant Vice President Salary 13 years exp. (AmbitionBox Estimate)	₹25.2 L/yr - ₹30.8 L/yr

Last Updated: 18 Oct 2024

Companies similar to Kotak Mahindra General Insurance for Assistant Vice President in Mumbai

Kotak Mahindra General Insurance Assistant Vice President Salary

13 - 18 years exp. (3 salaries)

₹22.5 L/yr - ₹28 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Assistant Vice President Salary 8 - 19 years exp. (96 salaries)	₹8.5 L/yr - ₹30 L/yr 20% less
HDFC Ergo General Insurance Assistant Vice President Salary 10 - 20 years exp. (74 salaries)	₹11.7 L/yr - ₹39 L/yr 7% less
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Edelweiss Life Insurance Assistant Vice President Salary 5 - 17 years exp. (25 salaries)	₹16.8 L/yr - ₹36 L/yr 7% more
Future Generali India Life Insurance Assistant Vice President Salary 11 - 21 years exp. (23 salaries)	₹19 L/yr - ₹30 L/yr 6% less	2 job openings
Marsh India Insurance Brokers Assistant Vice President Salary 7 - 14 years exp. (22 salaries)	₹12.7 L/yr - ₹29 L/yr 11% less
IndiaFirst Life Insurance Assistant Vice President Salary 7 - 21 years exp. (19 salaries)	₹16.5 L/yr - ₹34.9 L/yr 6% less
HDFC Life Assistant Vice President Salary 13 - 24 years exp. (16 salaries)	₹22.2 L/yr - ₹52 L/yr 45% more	1 job opening
Aditya Birla Health Insurance Co Assistant Vice President Salary 8 - 20 years exp. (10 salaries)	₹32.5 L/yr - ₹59 L/yr 64% more
Swiss Re Assistant Vice President Salary 9 - 17 years exp. (7 salaries)	₹15.5 L/yr - ₹36 L/yr 19% more
ICICI Lombard General Insurance Company Assistant Vice President Salary 10 - 17 years exp. (7 salaries)	₹14.2 L/yr - ₹31 L/yr 2% less
Bharti AXA Life Insurance Assistant Vice President Salary 9 - 15 years exp. (4 salaries)	₹25 L/yr - ₹37 L/yr 21% more
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Medi Assist India Assistant Vice President Salary 15 - 21 years exp. (4 salaries)	₹21.3 L/yr - ₹29 L/yr 2% less

Assistant Vice President salary at Kotak Mahindra General Insurance ranges between ₹22.5 Lakhs to ₹28 Lakhs per year for employees with experience between 13 years to 18 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 Vice President salaries in Mumbai

Last Updated: 18 Oct 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹25.2 L/yr - ₹32.2 L/yr
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15+ years (AmbitionBox Estimate)	₹20.3 L/yr - ₹25.9 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Team Lead Salary

(4 salaries)

₹4.2 L/yr - ₹6.1 L/yr

Salary related reviews for Kotak Mahindra General Insurance

5.0

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

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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Kotak Mahindra General Insurance Assistant Vice President Salary FAQs

How the salary growth look like for a Assistant Vice President at Kotak Mahindra General Insurance in Mumbai?

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

Experience	Average Salary Range
13 years	₹25.2 Lakhs to ₹32.2 Lakhs per year
15 years	₹20.3 Lakhs to ₹25.9 Lakhs per year

and so on.

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Kotak Mahindra General Insurance Assistant Vice President Salaries in Mumbai

Kotak Mahindra General Insurance Assistant Vice President salary in Mumbai ranges between ₹22.5 Lakhs to ₹28 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 Vice President salaries in Mumbai

Companies similar to Kotak Mahindra General Insurance for Assistant Vice President in Mumbai

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

Experience wise Kotak Mahindra General Insurance Assistant Vice President salaries in Mumbai

Similar Designation salaries in Kotak Mahindra General Insurance

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 Vice President Salary FAQs

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