Kotak Mahindra General Insurance Claims Manager Salaries by 4 Employees (Updated 2025)

4 - 11 years exp.

₹4.1 Lakhs - ₹7 Lakhs

Salary of majority employees

8% less than the average Claims Manager Salary in Insurance Companies for 4 - 11 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Claims Manager Salary 4 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.1 L/yr
Login to view exact salary
Production, Manufacturing & Engineering Claims Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 26 Dec 2023

Companies similar to Kotak Mahindra General Insurance for Claims Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Claims Manager Salary 3 - 10 years exp. (50 salaries)	₹2.7 L/yr - ₹8 L/yr At par
HDFC Ergo General Insurance Claims Manager Salary 1 - 15 years exp. (37 salaries)	₹3.5 L/yr - ₹12.5 L/yr 51% more
Login to view exact salary
Bajaj Allianz General Insurance Claims Manager Salary 6 - 23 years exp. (7 salaries)	₹12 L/yr - ₹15 L/yr 146% more
Reliance General Insurance Claims Manager Salary 3 - 11 years exp. (47 salaries)	₹3 L/yr - ₹10 L/yr 1% less
Tata AIG Claims Manager Salary 1 - 9 years exp. (65 salaries)	₹2.5 L/yr - ₹8.6 L/yr 10% more
United India Insurance Company Claims Manager Salary 5 - 14 years exp. (3 salaries)	₹5 L/yr - ₹18 L/yr 125% more
National Insurance Company Claims Manager Salary 7 - 10 years exp. (6 salaries)	₹12.5 L/yr - ₹21 L/yr 227% more
SBI General Insurance Claims Manager Salary 4 - 18 years exp. (9 salaries)	₹4.6 L/yr - ₹15 L/yr 64% more	2 job openings
Future Generali India Life Insurance Claims Manager Salary 9 - 17 years exp. (5 salaries)	₹5 L/yr - ₹17 L/yr 127% more
Care Health Insurance Claims Manager Salary 0 - 9 years exp. (338 salaries)	₹1.9 L/yr - ₹7.8 L/yr 8% less	2 job openings
Cholamandalam MS General Insurance Claims Manager Salary 6 - 15 years exp. (22 salaries)	₹3.9 L/yr - ₹12 L/yr 39% more
Login to view exact salary
Digit Insurance Claims Manager Salary 3 - 12 years exp. (7 salaries)	₹3.2 L/yr - ₹7.5 L/yr 3% less
HDFC Life Claims Manager Salary 5 - 17 years exp. (6 salaries)	₹7 L/yr - ₹14.4 L/yr 107% more
ICICI Prudential Life Insurance Claims Manager Salary 4 - 16 years exp. (5 salaries)	₹7.8 L/yr - ₹10 L/yr 58% more
Medi Assist India Claims Manager Salary 3 - 12 years exp. (5 salaries)	₹5.8 L/yr - ₹9.2 L/yr 43% more
Aditya Birla Health Insurance Co Claims Manager Salary 2 - 10 years exp. (4 salaries)	₹6.2 L/yr - ₹9.5 L/yr 61% more
AXA Business Services Claims Manager Salary 13 - 18 years exp. (4 salaries)	₹18 L/yr - ₹22 L/yr 286% more
Kotak Mahindara Life Insurance Claims Manager Salary 6 - 8 years exp. (4 salaries)	₹7 L/yr - ₹8.9 L/yr 57% more
Aditya Birla Insurance Brokers Claims Manager Salary 8 - 9 years exp. (3 salaries)	₹7 L/yr - ₹10 L/yr 72% more

Claims Manager salary at Kotak Mahindra General Insurance ranges between ₹4.1 Lakhs to ₹7 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Claims Manager salaries

Last Updated: 26 Dec 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
9 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
Login to view exact salary
10 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
11 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Team Manager Salary

(6 salaries)

₹5.1 L/yr - ₹8.08 L/yr

Chief Manager Salary

(47 salaries)

₹8.3 L/yr - ₹18.5 L/yr

Deputy Manager Salary

(201 salaries)

₹2.95 L/yr - ₹7.12 L/yr

Insurance Manager Salary

(3 salaries)

₹4 L/yr - ₹6.5 L/yr

Relationship Manager Salary

(34 salaries)

₹2.35 L/yr - ₹5.31 L/yr

Claims Executive Salary

(AmbitionBox Estimate)

₹3.5 L/yr - ₹4.5 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

Management Trainee Salary

(12 salaries)

₹3 L/yr - ₹4 L/yr

Customer Service Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Salary related reviews for Kotak Mahindra General Insurance

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

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

Got a question about Kotak Mahindra General Insurance?

Ask anonymously on communities.

Kotak Mahindra General Insurance Claims Manager Salary FAQs

What is the salary of Claims Manager at Kotak Mahindra General Insurance?

Claims Manager salary at Kotak Mahindra General Insurance in India ranges between ₹4.1 Lakhs to ₹7.0 Lakhs for experience between 4 years to 11 years. According to our estimates it is 8% less than the average Claims Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra General Insurance India.

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

The average salary of a Claims Manager at Kotak Mahindra General Insurance is 8% less than the average salary of a Claims Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra General Insurance to a Claims Manager in India?

AXA Business Services Claims Manager Salary - ₹18.0 Lakhs to ₹22.0 Lakhs per year
National Insurance Company Claims Manager Salary - ₹12.5 Lakhs to ₹21.0 Lakhs per year
Bajaj Allianz General Insurance Claims Manager Salary - ₹12.0 Lakhs to ₹15.0 Lakhs per year
Future Generali India Life Insurance Claims Manager Salary - ₹5.0 Lakhs to ₹17.0 Lakhs per year
United India Insurance Company Claims Manager Salary - ₹5.0 Lakhs to ₹18.0 Lakhs per year

What is the salary of a Claims Manager in companies similar to Kotak Mahindra General Insurance in India?

HDFC Life Claims Manager Salary - ₹7.0 Lakhs to ₹14.4 Lakhs per year
Aditya Birla Insurance Brokers Claims Manager Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year
SBI General Insurance Claims Manager Salary - ₹4.6 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Health Insurance Co Claims Manager Salary - ₹6.2 Lakhs to ₹9.5 Lakhs per year
ICICI Prudential Life Insurance Claims Manager Salary - ₹7.8 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Claims Manager at Kotak Mahindra General Insurance in India?

The estimated take-home salary of a Claims Manager at Kotak Mahindra General Insurance ranges between ₹38,970 per month to ₹40,150 per month in India. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Claims Manager salary in India which ranges between ₹4.1 Lakhs to ₹7.0 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?

Tell us how to improve this page.

Kotak Mahindra General Insurance Claims Manager Salaries by Location

Home >
Salaries >
Kotak Mahindra General Insurance Salaries >
Kotak Mahindra General Insurance Claims Manager Salaries

Kotak Mahindra General Insurance Claims Manager salary in India ranges between ₹4.1 Lakhs to ₹7 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 Claims Manager salaries in India

Companies similar to Kotak Mahindra General Insurance for Claims Manager

Latest annual salaries shared by Kotak Mahindra General Insurance Claims Manager

Experience wise Kotak Mahindra General Insurance Claims Manager salaries

Similar Designation salaries in Kotak Mahindra General Insurance

Salary related reviews for Kotak Mahindra General Insurance

Chief Manager in Mumbai

Assistant Manager in Mumbai

Relationship Manager in Raipur

Deputy Manager Grade 2 in Panipat

Assistant Manager in IT Park Infinite Dindhosi Malad East

Kotak Mahindra General Insurance Claims Manager Salary FAQs

Tell us how to improve this page.

Kotak Mahindra General Insurance Claims Manager Salaries by Location