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

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₹5.8 Lakhs - ₹7.4 Lakhs

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Last Updated: 24 Dec 2024

Companies similar to Kotak Mahindra General Insurance for Commercial Underwriting Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Commercial Underwriting Manager Salary 3 years exp. (5 salaries)	₹7.5 L/yr - ₹9.6 L/yr 26% more
Reliance General Insurance Commercial Underwriting Manager Salary 1 - 11 years exp. (23 salaries)	₹5.2 L/yr - ₹10.5 L/yr 29% more
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Cholamandalam MS General Insurance Commercial Underwriting Manager Salary 12 - 15 years exp. (3 salaries)	₹12.3 L/yr - ₹15 L/yr 104% more
Magma HDI General Insurance Commercial Underwriting Manager Salary 0 - 15 years exp. (3 salaries)	₹8.5 L/yr - ₹10.8 L/yr 52% more

Commercial Underwriting Manager salary at Kotak Mahindra General Insurance ranges between ₹5.8 Lakhs to ₹7.4 Lakhs per year for employees with 3 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

Underwriting Manager Salary

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Deputy Manager Salary

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₹2.95 L/yr - ₹7.12 L/yr

Associate Vice President Salary

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₹8 L/yr - ₹26.7 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Team Lead Salary

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₹3.7 L/yr - ₹6.48 L/yr

Management Trainee Salary

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₹3 L/yr - ₹4 L/yr

Assistant Vice President Salary

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₹22.5 L/yr - ₹30.8 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 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

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.

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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra General Insurance Commercial Underwriting Manager Salaries

Kotak Mahindra General Insurance Commercial Underwriting Manager salary in India ranges between ₹5.8 Lakhs to ₹7.4 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra General Insurance.

Kotak Mahindra General Insurance Commercial Underwriting Manager salaries in India

Companies similar to Kotak Mahindra General Insurance for Commercial Underwriting Manager

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

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