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

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₹12.6 Lakhs - ₹16.1 Lakhs

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Salary of majority employees

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Last Updated: 26 Aug 2024

Companies similar to Kotak Mahindra General Insurance for Commercial Manager

Company name	Avg Annual Salary	Open Jobs
Cholamandalam MS General Insurance Commercial Manager Salary 7 - 14 years exp. (3 salaries)	₹9.3 L/yr - ₹12.6 L/yr 25% less
Reliance Retail Commercial Manager Salary 1 - 12 years exp. (165 salaries)	₹1.8 L/yr - ₹7.8 L/yr 71% less
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BT Business Commercial Manager Salary 6 - 16 years exp. (65 salaries)	₹6.5 L/yr - ₹18.6 L/yr 19% less
Reliance Digital Commercial Manager Salary 2 - 9 years exp. (64 salaries)	₹2 L/yr - ₹4.7 L/yr 78% less
BT Group Commercial Manager Salary 5 - 13 years exp. (52 salaries)	₹4.7 L/yr - ₹14.9 L/yr 31% less

Commercial Manager salary at Kotak Mahindra General Insurance ranges between ₹12.6 Lakhs to ₹16.1 Lakhs per year for employees with 14 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Kotak Mahindra General Insurance.

Similar Designation salaries in Kotak Mahindra General Insurance

Operations Manager Salary

(6 salaries)

₹2.15 L/yr - ₹5.38 L/yr

Deputy Manager Salary

(190 salaries)

₹2.95 L/yr - ₹7.25 L/yr

Deputy General Manager Salary

(3 salaries)

₹4.5 L/yr - ₹5.3 L/yr

Team Lead Salary

(25 salaries)

₹3.7 L/yr - ₹6.48 L/yr

Assistant General Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 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

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

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

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Kotak Mahindra General Insurance Commercial Manager Salary FAQs

What is the notice period for Commercial Manager at Kotak Mahindra General Insurance?

According to AmbitionBox, 100% of the Kotak Mahindra General Insurance Commercial Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Commercial Manager Salaries

Kotak Mahindra General Insurance Commercial Manager salary in India ranges between ₹12.6 Lakhs to ₹16.1 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra General Insurance.