Kotak Mahindra General Insurance Associate Vice President Salaries by 10+ Employees (Updated 2025)

7 - 18 years exp.

₹8 Lakhs - ₹26.1 Lakhs

Salary of majority employees

41% less than the average Associate Vice President Salary in Insurance Companies for 7 - 18 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Associate Vice President Salary 14 - 18 years exp. (7 salaries)	₹15.5 L/yr - ₹19.9 L/yr
BFSI, Investments & Trading Associate Vice President Salary 9 - 14 years exp. (4 salaries)	₹8 L/yr - ₹18 L/yr
Login to view exact salary
Finance & Accounting Associate Vice President Salary 18 years exp. (AmbitionBox Estimate)	₹20.4 L/yr - ₹22.5 L/yr

Last Updated: 11 Feb 2025

Companies similar to Kotak Mahindra General Insurance for Associate Vice President

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Associate Vice President Salary 6 - 20 years exp. (294 salaries)	₹14 L/yr - ₹38 L/yr 26% more
HDFC Ergo General Insurance Associate Vice President Salary 12 - 21 years exp. (33 salaries)	₹12 L/yr - ₹29.5 L/yr 3% more
Login to view exact salary
Bajaj Allianz General Insurance Associate Vice President Salary 16 - 17 years exp. (4 salaries)	₹30 L/yr - ₹52.5 L/yr 104% more
Reliance General Insurance Associate Vice President Salary 5 - 19 years exp. (11 salaries)	₹17 L/yr - ₹21 L/yr 2% more
Tata AIG Associate Vice President Salary 8 - 20 years exp. (97 salaries)	₹11.3 L/yr - ₹31 L/yr 12% more	1 job opening
SBI General Insurance Associate Vice President Salary 16 - 23 years exp. (19 salaries)	₹19 L/yr - ₹33 L/yr 27% more
Future Generali India Life Insurance Associate Vice President Salary 10 - 21 years exp. (17 salaries)	₹25.1 L/yr - ₹45.2 L/yr 57% more	1 job opening
HDFC Life Associate Vice President Salary 9 - 24 years exp. (87 salaries)	₹18 L/yr - ₹65 L/yr 93% more	2 job openings
Digit Insurance Associate Vice President Salary 7 - 21 years exp. (39 salaries)	₹19.6 L/yr - ₹31.3 L/yr 28% more
ICICI Prudential Life Insurance Associate Vice President Salary 10 - 23 years exp. (36 salaries)	₹22 L/yr - ₹41.3 L/yr 63% more
Bharti AXA Life Insurance Associate Vice President Salary 8 - 21 years exp. (34 salaries)	₹16 L/yr - ₹34 L/yr 32% more
Login to view exact salary
Kotak Mahindara Life Insurance Associate Vice President Salary 10 - 23 years exp. (27 salaries)	₹10 L/yr - ₹22.4 L/yr 26% less
Aviva Life Insurance India Associate Vice President Salary 14 - 22 years exp. (23 salaries)	₹15.7 L/yr - ₹42 L/yr 24% more
Aditya Birla Health Insurance Co Associate Vice President Salary 10 - 19 years exp. (21 salaries)	₹23.8 L/yr - ₹42.8 L/yr 72% more
Swiss Re Associate Vice President Salary 8 - 13 years exp. (17 salaries)	₹17.9 L/yr - ₹40 L/yr 80% more
Pramerica Life Insurance Associate Vice President Salary 13 - 24 years exp. (14 salaries)	₹24.2 L/yr - ₹35 L/yr 47% more
AXA Business Services Associate Vice President Salary 13 - 19 years exp. (10 salaries)	₹27 L/yr - ₹49 L/yr 94% more
Medi Assist India Associate Vice President Salary 11 - 20 years exp. (12 salaries)	₹18 L/yr - ₹41.5 L/yr 25% more
Edelweiss Life Insurance Associate Vice President Salary 8 - 17 years exp. (9 salaries)	₹21 L/yr - ₹30 L/yr 31% more
IndiaFirst Life Insurance Associate Vice President Salary 12 - 20 years exp. (6 salaries)	₹20 L/yr - ₹25 L/yr 11% more

View all

Associate Vice President salary at Kotak Mahindra General Insurance ranges between ₹8 Lakhs to ₹26.1 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 19 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Associate Vice President salaries

Last Updated: 11 Feb 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹22 L/yr
8 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹22 L/yr
Login to view exact salary
9 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹34.2 L/yr
10 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr
11 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr
12 years (3 salaries)	₹8 L/yr - ₹34.3 L/yr
13 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹22.3 L/yr
14 years (3 salaries)	₹16.5 L/yr - ₹26.1 L/yr
15+ years (9 salaries)	₹15.5 L/yr - ₹22.5 L/yr

View all

Similar Designation salaries in Kotak Mahindra General Insurance

Software Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Team Lead Salary

(25 salaries)

₹3.7 L/yr - ₹6.48 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Salary related reviews for Kotak Mahindra General Insurance

2.4

Rated by 5 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

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

Assistant Manager in IT Park Infinite Dindhosi Malad East

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

Skill development - Good

+1 more

Dislikes

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

Salary - Poor

+2 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

Got a question about Kotak Mahindra General Insurance?

Ask anonymously on communities.

Kotak Mahindra General Insurance Associate Vice President Salary FAQs

What is the salary of Associate Vice President at Kotak Mahindra General Insurance?

Associate Vice President salary at Kotak Mahindra General Insurance in India ranges between ₹8.0 Lakhs to ₹26.1 Lakhs for experience between 7 years to 18 years. According to our estimates it is 41% less than the average Associate Vice President Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Kotak Mahindra General Insurance India.

How does the salary of a Associate Vice President at Kotak Mahindra General Insurance India compare with the average salary range for this job?

The average salary of a Associate Vice President at Kotak Mahindra General Insurance is 41% less than the average salary of a Associate 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 Associate Vice President in India?

MetLife Associate Vice President Salary - ₹70.0 Lakhs to ₹112.0 Lakhs per year
Bajaj Allianz General Insurance Associate Vice President Salary - ₹30.0 Lakhs to ₹52.5 Lakhs per year
AXA Business Services Associate Vice President Salary - ₹27.0 Lakhs to ₹49.0 Lakhs per year
HDFC Life Associate Vice President Salary - ₹18.0 Lakhs to ₹65.0 Lakhs per year
Swiss Re Associate Vice President Salary - ₹17.9 Lakhs to ₹40.0 Lakhs per year

What is the salary of a Associate Vice President in companies similar to Kotak Mahindra General Insurance in India?

Aditya Birla Health Insurance Co Associate Vice President Salary - ₹23.8 Lakhs to ₹42.8 Lakhs per year
ICICI Prudential Life Insurance Associate Vice President Salary - ₹22.0 Lakhs to ₹41.3 Lakhs per year
Future Generali India Life Insurance Associate Vice President Salary - ₹25.1 Lakhs to ₹45.2 Lakhs per year
ManipalCigna Health Insurance Associate Vice President Salary - ₹20.0 Lakhs to ₹36.0 Lakhs per year
Pramerica Life Insurance Associate Vice President Salary - ₹24.2 Lakhs to ₹35.0 Lakhs per year

What is the estimated take home salary of a Associate Vice President at Kotak Mahindra General Insurance in India?

The estimated take-home salary of a Associate Vice President at Kotak Mahindra General Insurance ranges between ₹1,26,825 per month to ₹1,30,991 per month in India. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Associate Vice President salary in India which ranges between ₹8.0 Lakhs to ₹26.1 Lakhs per year for employees with experience between 7 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Associate Vice President at Kotak Mahindra General Insurance?

According to AmbitionBox, 95% of the Kotak Mahindra General Insurance Associate Vice Presidents reported a notice period of 3 Months, 5% reported a notice period of 2 Months.This is based on 20 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra General Insurance Associate Vice President Salaries by Location

Home >
Salaries >
Kotak Mahindra General Insurance Salaries >
Kotak Mahindra General Insurance Associate Vice President Salaries

Kotak Mahindra General Insurance Associate Vice President salary in India ranges between ₹8 Lakhs to ₹26.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.