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3.9

based on 204 Reviews

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Kotak Mahindra General Insurance Associate salaries in India

Annual salary range
0 - 5 years exp.
₹1.5 Lakh - ₹2.9 Lakhs
Salary of majority employees
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68% less than the average Associate Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Salary
0 - 5 years exp. (4 salaries)
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₹1.5 L/yr - ₹2.9 L/yr

Customer Success, Service & Operations
Associate Salary
1 year exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.8 L/yr

Finance & Accounting
Associate Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2 L/yr

Last Updated: 30 May 2024

Companies similar to Kotak Mahindra General Insurance for Associate

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HDFC Ergo General Insurance Associate Salary

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0 - 5 years exp. (88 salaries)

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₹1.6 L/yr - ₹4 L/yr

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₹2.7 L/yr - ₹3.5 L/yr

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The New India Assurance Co. Associate Salary

1 - 2 years exp. (3 salaries)

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₹2.3 L/yr - ₹8.5 L/yr

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SBI General Insurance Associate Salary

2 - 3 years exp. (3 salaries)

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₹2 L/yr - ₹4.2 L/yr

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₹1.5 L/yr - ₹4.2 L/yr

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₹1.9 L/yr - ₹4.4 L/yr

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AXA Business Services Associate Salary

0 - 4 years exp. (253 salaries)

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₹1.7 L/yr - ₹5.9 L/yr

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HDFC Life Associate Salary

0 - 4 years exp. (248 salaries)

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₹1 L/yr - ₹3.3 L/yr

arrow icon 14% less
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Digit Insurance Associate Salary

1 - 7 years exp. (128 salaries)

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₹3 L/yr - ₹7 L/yr

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MetLife Associate Salary

0 - 5 years exp. (89 salaries)

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₹2 L/yr - ₹5.9 L/yr

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Swiss Re Associate Salary

1 - 8 years exp. (78 salaries)

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₹6 L/yr - ₹23.8 L/yr

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₹1.2 L/yr - ₹2.7 L/yr

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₹1.5 L/yr - ₹4.4 L/yr

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Medi Assist India Associate Salary

0 - 3 years exp. (21 salaries)

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₹1.5 L/yr - ₹4.2 L/yr

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Bharti AXA Life Insurance Associate Salary

2 - 6 years exp. (20 salaries)

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₹1.4 L/yr - ₹3.7 L/yr

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View all
Associate salary at Kotak Mahindra General Insurance ranges between ₹1.5 Lakh to ₹2.9 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 13 latest salaries received from various employees of Kotak Mahindra General Insurance.

Latest annual salaries shared by Kotak Mahindra General Insurance Associate

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Experience wise Kotak Mahindra General Insurance Associate salaries

Last Updated: 30 May 2024

Experience Avg Annual Salary
Fresher  (6 salaries)

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₹1.5 L/yr - ₹2.8 L/yr
1 year  (5 salaries)

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₹1.6 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in Kotak Mahindra General Insurance

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

Top skills at Kotak Mahindra General Insurance for Associate

General Insurance Direct Sales Channel Partners Retail Sales

Salary related reviews for Kotak Mahindra General Insurance

4.1

Rated by 3 employees for salary & benefits

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

Other Department

4.0
  •  posted on 12 Oct 2019

4.0
 for  Salary and Benefits

Likes

I like to working about Kotak Mahindra General Insurance Co Ltd because this is the best platform about carrier buildup and have much more opportunity so i like to work in Kotak Mahindra General Insurance Co Ltd.

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Dislikes

I dislike about working at Kotak Mahindra General Insurance Co Ltd is not gossiping team member each other and also not any politics

read more
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Kotak Mahindra General Insurance Associate Salary FAQs

What is the salary of Associate at Kotak Mahindra General Insurance?
Associate salary at Kotak Mahindra General Insurance in India ranges between ₹1.5 Lakhs to ₹2.9 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 68% less than the average Associate Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Kotak Mahindra General Insurance India.
How does the salary of a Associate at Kotak Mahindra General Insurance India compare with the average salary range for this job?
The average salary of a Associate at Kotak Mahindra General Insurance is 68% less than the average salary of a Associate in India. To know exact salary insights, login to view.
What are the top skills required to work as a Associate at Kotak Mahindra General Insurance?
General Insurance, Direct Sales, Channel Partners and Retail Sales are some of the popular skills required to work as a Associate at Kotak Mahindra General Insurance India.
Which similar companies are paying more than Kotak Mahindra General Insurance to a Associate in India?
  • Swiss Re Associate Salary - ₹6.0 Lakhs to ₹23.8 Lakhs per year
  • The New India Assurance Co. Associate Salary - ₹2.3 Lakhs to ₹8.5 Lakhs per year
  • Principal Global Services Associate Salary - ₹3.3 Lakhs to ₹6.8 Lakhs per year
  • Axa XL Associate Salary - ₹3.5 Lakhs to ₹7.3 Lakhs per year
  • Cholamandalam MS General Insurance Associate Salary - ₹0.9 Lakhs to ₹8.6 Lakhs per year
What is the salary of a Associate in companies similar to Kotak Mahindra General Insurance in India?
  • Digit Insurance Associate Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
  • Edelweiss Tokio Life Insurance Associate Salary - ₹2.0 Lakhs to ₹8.1 Lakhs per year
  • HDFC Ergo General Insurance Associate Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
  • MetLife Associate Salary - ₹2.0 Lakhs to ₹5.9 Lakhs per year
  • AXA Business Services Associate Salary - ₹1.7 Lakhs to ₹5.9 Lakhs per year
What is the estimated take home salary of a Associate at Kotak Mahindra General Insurance in India?
The estimated take-home salary of a Associate at Kotak Mahindra General Insurance ranges between ₹17,052 per month to ₹18,759 per month in India. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Associate salary in India which ranges between ₹1.5 Lakhs to ₹2.9 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?
What is the notice period for Associate at Kotak Mahindra General Insurance?
According to AmbitionBox, 67% of the Kotak Mahindra General Insurance Associates reported a notice period of 1 Month, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra General Insurance Associate salary in India ranges between ₹1.5 Lakh to ₹2.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.