Kotak Mahindra General Insurance New Delhi Associate Vice President Salaries by 4 Employees (Updated 2024)

12 - 16 years exp.

₹15 Lakhs - ₹19 Lakhs

Salary of majority employees

34% less than the average Associate Vice President Salary in Insurance Companies for 12 - 16 years of experience

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Salaries in different departments

Sales & Business Development Associate Vice President Salary 15 - 16 years exp. (3 salaries)	₹15.5 L/yr - ₹19 L/yr
Login to view exact salary
BFSI, Investments & Trading Associate Vice President Salary 12 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹17.4 L/yr

Last Updated: 26 Dec 2023

Companies similar to Kotak Mahindra General Insurance for Associate Vice President in New Delhi

Kotak Mahindra General Insurance Associate Vice President Salary

12 - 16 years exp. (4 salaries)

₹15 L/yr - ₹19 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Associate Vice President Salary 10 - 19 years exp. (34 salaries)	₹17 L/yr - ₹32 L/yr 20% more
HDFC Ergo General Insurance Associate Vice President Salary 14 - 19 years exp. (6 salaries)	₹12 L/yr - ₹37.5 L/yr 33% more
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Tata AIG Associate Vice President Salary 10 - 16 years exp. (5 salaries)	₹15.6 L/yr - ₹27.3 L/yr 19% more
HDFC Life Associate Vice President Salary 9 - 22 years exp. (15 salaries)	₹24.1 L/yr - ₹50 L/yr 93% more
Bharti AXA Life Insurance Associate Vice President Salary 10 - 17 years exp. (10 salaries)	₹16 L/yr - ₹25 L/yr 23% more
Aviva Life Insurance India Associate Vice President Salary 17 - 21 years exp. (5 salaries)	₹15.7 L/yr - ₹25 L/yr 10% more
Kotak Mahindara Life Insurance Associate Vice President Salary 15 - 18 years exp. (5 salaries)	₹11.2 L/yr - ₹19 L/yr 27% less
IndiaFirst Life Insurance Associate Vice President Salary 18 - 20 years exp. (3 salaries)	₹20 L/yr - ₹22.1 L/yr 9% more
Digit Insurance Associate Vice President Salary 5 - 15 years exp. (3 salaries)	₹21.5 L/yr - ₹26 L/yr 28% more
Care Health Insurance Associate Vice President Salary 11 - 19 years exp. (3 salaries)	₹21 L/yr - ₹23.5 L/yr 20% more

Associate Vice President salary at Kotak Mahindra General Insurance ranges between ₹15 Lakhs to ₹19 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Associate Vice President salaries in New Delhi

Last Updated: 26 Dec 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹15 L/yr - ₹34.1 L/yr
13 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr
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14 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr
15+ years (3 salaries)	₹15.5 L/yr - ₹34.5 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Deputy Manager Salary

(15 salaries)

₹3.65 L/yr - ₹6.5 L/yr

Chief Manager Salary

(5 salaries)

₹12.5 L/yr - ₹17 L/yr

Business Relationship Manager Salary

(5 salaries)

₹2.7 L/yr - ₹4.5 L/yr

MIS Executive Salary

(3 salaries)

₹2.35 L/yr - ₹2.5 L/yr

Salary related reviews for Kotak Mahindra General Insurance

3.0

Rated by 1 employees for salary & benefits

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

Dislikes

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

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.

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.

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

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

Dislikes

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

Sales Officer in Bhubaneswar

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.

Dislikes

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

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Kotak Mahindra General Insurance Associate Vice President Salary FAQs

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

Associate Vice President salary at Kotak Mahindra General Insurance in New Delhi ranges between ₹15.0 Lakhs to ₹19.0 Lakhs for experience between 12 years to 16 years. According to our estimates it is 34% less than the average Associate Vice President Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra General Insurance New Delhi.

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

The average salary of a Associate Vice President at Kotak Mahindra General Insurance is 34% less than the average salary of a Associate Vice President in New Delhi. 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 New Delhi?

HDFC Life Associate Vice President Salary - ₹24.1 Lakhs to ₹50.0 Lakhs per year
HDFC Ergo General Insurance Associate Vice President Salary - ₹12.0 Lakhs to ₹37.5 Lakhs per year
Digit Insurance Associate Vice President Salary - ₹21.5 Lakhs to ₹26.0 Lakhs per year
Bharti AXA Life Insurance Associate Vice President Salary - ₹16.0 Lakhs to ₹25.0 Lakhs per year
ICICI Lombard General Insurance Company Associate Vice President Salary - ₹17.0 Lakhs to ₹32.0 Lakhs per year

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

Care Health Insurance Associate Vice President Salary - ₹21.0 Lakhs to ₹23.5 Lakhs per year
Tata AIG Associate Vice President Salary - ₹15.6 Lakhs to ₹27.3 Lakhs per year
Aviva Life Insurance India Associate Vice President Salary - ₹15.7 Lakhs to ₹25.0 Lakhs per year
IndiaFirst Life Insurance Associate Vice President Salary - ₹20.0 Lakhs to ₹22.1 Lakhs per year
Kotak Mahindara Life Insurance Associate Vice President Salary - ₹11.2 Lakhs to ₹19.0 Lakhs per year

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

The estimated take-home salary of a Associate Vice President at Kotak Mahindra General Insurance ranges between ₹1,26,184 per month to ₹1,30,264 per month in New Delhi. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Associate Vice President salary in India which ranges between ₹15.0 Lakhs to ₹19.0 Lakhs per year for employees with experience between 12 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Kotak Mahindra General Insurance Associate Vice Presidents in New Delhi reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Associate Vice President Salaries in New Delhi

Kotak Mahindra General Insurance Associate Vice President salary in New Delhi ranges between ₹15 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

Kotak Mahindra General Insurance Associate Vice President salaries in New Delhi

Companies similar to Kotak Mahindra General Insurance for Associate Vice President in New Delhi

Latest annual salaries shared by Kotak Mahindra General Insurance Associate Vice President in New Delhi

Experience wise Kotak Mahindra General Insurance Associate Vice President salaries in New Delhi

Similar Designation salaries in Kotak Mahindra General Insurance

Salary related reviews for Kotak Mahindra General Insurance

Assistant Manager in Mumbai

Relationship Manager in Raipur

Deputy Manager Grade 2 in Panipat

Assistant Manager in IT Park Infinite Dindhosi Malad East

Sales Officer in Bhubaneswar

Kotak Mahindra General Insurance Associate Vice President Salary FAQs

Tell us how to improve this page.