Kotak Mahindra General Insurance Bangalore / Bengaluru Chief Manager Salaries by 2 Employees

13 - 14 years exp.

₹14.9 Lakhs - ₹19.1 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Salaries in different departments

BFSI, Investments & Trading Chief Manager Salary 13 years exp. (AmbitionBox Estimate)	₹14.1 L/yr - ₹17 L/yr
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Sales & Business Development Chief Manager Salary 14 years exp. (AmbitionBox Estimate)	₹15.6 L/yr - ₹18 L/yr

Last Updated: 16 Mar 2023

Companies similar to Kotak Mahindra General Insurance for Chief Manager in Bangalore / Bengaluru

Kotak Mahindra General Insurance Chief Manager Salary

13 - 14 years exp. (AmbitionBox Estimate)

₹14.9 L/yr - ₹19.1 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Chief Manager Salary 3 - 18 years exp. (43 salaries)	₹10 L/yr - ₹22 L/yr 1% more
Kotak Mahindara Life Insurance Chief Manager Salary 2 - 15 years exp. (42 salaries)	₹6 L/yr - ₹17 L/yr 38% less
Login to view exact salary
HDFC Life Chief Manager Salary 8 - 18 years exp. (10 salaries)	₹16 L/yr - ₹29.5 L/yr 36% more	1 job opening
ICICI Prudential Life Insurance Chief Manager Salary 17 - 19 years exp. (4 salaries)	₹23 L/yr - ₹32 L/yr 69% more
ICICI Bank Chief Manager Salary 5 - 21 years exp. (135 salaries)	₹12 L/yr - ₹35 L/yr 51% more

Chief Manager salary at Kotak Mahindra General Insurance ranges between ₹14.9 Lakhs to ₹19.1 Lakhs per year for employees with experience between 13 years to 14 years. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindra General Insurance.

Similar Designation salaries in Kotak Mahindra General Insurance

Deputy Manager Salary

(6 salaries)

₹4 L/yr - ₹6.2 L/yr

Sales Manager Salary

(3 salaries)

₹4.25 L/yr - ₹6.5 L/yr

Top skills at Kotak Mahindra General Insurance for Chief Manager

Channel Sales Bancassurance Sales

Salary related reviews for Kotak Mahindra General Insurance

5.0

Rated by 2 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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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Kotak Mahindra General Insurance Chief Manager Salary FAQs

How the salary growth look like for a Chief Manager at Kotak Mahindra General Insurance in Bangalore / Bengaluru?

The salary growth for a Chief Manager at Kotak Mahindra General Insurance in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Chief Manager in Bangalore / Bengaluru can expect the following growth trajectory at Kotak Mahindra General Insurance:

Experience	Average Salary Range
13 years	₹14.7 Lakhs to ₹18.8 Lakhs per year
14 years	₹14.8 Lakhs to ₹19.0 Lakhs per year

and so on.

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Kotak Mahindra General Insurance Chief Manager Salaries in Bangalore / Bengaluru

Kotak Mahindra General Insurance Chief Manager salary in Bangalore / Bengaluru ranges between ₹14.9 Lakhs to ₹19.1 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra General Insurance.