Kotak Mahindra General Insurance Mumbai Deputy Chief Manager Salaries by 6 Employees (Updated 2025)

4 - 17 years exp.

₹13 Lakhs - ₹16.9 Lakhs

Salary of majority employees

16% less than the average Deputy Chief Manager Salary in Insurance Companies for 4 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Chief Manager Salary 15 - 17 years exp. (AmbitionBox Estimate)	₹14.8 L/yr - ₹16.9 L/yr
Human Resources Deputy Chief Manager Salary 12 - 14 years exp. (AmbitionBox Estimate)	₹14.6 L/yr - ₹15.6 L/yr
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Marketing & Communication Deputy Chief Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹15 L/yr

Last Updated: 16 Mar 2023

Companies similar to Kotak Mahindra General Insurance for Deputy Chief Manager in Mumbai

Kotak Mahindra General Insurance Deputy Chief Manager Salary

4 - 17 years exp. (6 salaries)

₹13 L/yr - ₹16.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Deputy Chief Manager Salary 6 - 16 years exp. (78 salaries)	₹10.9 L/yr - ₹32 L/yr 36% more
Kotak Mahindara Life Insurance Deputy Chief Manager Salary 6 - 20 years exp. (17 salaries)	₹5.5 L/yr - ₹12.5 L/yr 44% less
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Aditya Birla Insurance Brokers Deputy Chief Manager Salary 9 - 17 years exp. (10 salaries)	₹15 L/yr - ₹23.8 L/yr 29% more
Aditya Birla Sun Life Insurance Deputy Chief Manager Salary 2 - 18 years exp. (62 salaries)	₹11.4 L/yr - ₹24.5 L/yr 23% more
Aditya Birla Capital Deputy Chief Manager Salary 1 - 13 years exp. (55 salaries)	₹10.5 L/yr - ₹33 L/yr 42% more

Deputy Chief Manager salary at Kotak Mahindra General Insurance ranges between ₹13 Lakhs to ₹16.9 Lakhs per year for employees with experience between 4 years to 17 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Deputy Chief Manager salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹13 L/yr - ₹25.9 L/yr
5 years (AmbitionBox Estimate)	₹14 L/yr - ₹26.1 L/yr
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6 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.8 L/yr
7 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.9 L/yr
8 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
9 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
10 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
11 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.3 L/yr
12 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹27.3 L/yr
13 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
14 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹15.6 L/yr
15+ years (AmbitionBox Estimate)	₹6.2 L/yr - ₹16.9 L/yr

View all

Similar Designation salaries in Kotak Mahindra General Insurance

Deputy Manager Salary

(80 salaries)

₹3 L/yr - ₹7.12 L/yr

Relationship Manager Salary

(7 salaries)

₹2.35 L/yr - ₹4.25 L/yr

Top skills at Kotak Mahindra General Insurance for Deputy Chief Manager

fraud control

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 Deputy Chief Manager Salary FAQs

What is the salary of Deputy Chief Manager at Kotak Mahindra General Insurance Mumbai?

Deputy Chief Manager salary at Kotak Mahindra General Insurance in Mumbai ranges between ₹13.0 Lakhs to ₹16.9 Lakhs for experience between 4 years to 17 years. According to our estimates it is 16% less than the average Deputy Chief Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra General Insurance Mumbai.

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

The average salary of a Deputy Chief Manager at Kotak Mahindra General Insurance is 16% less than the average salary of a Deputy Chief Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Deputy Chief Manager at Kotak Mahindra General Insurance?

fraud control is a popular skill required to work as a Deputy Chief Manager at Kotak Mahindra General Insurance.

Which similar companies are paying more than Kotak Mahindra General Insurance to a Deputy Chief Manager in Mumbai?

Aditya Birla Capital Deputy Chief Manager Salary - ₹10.5 Lakhs to ₹33.0 Lakhs per year
Aditya Birla Health Insurance Co Deputy Chief Manager Salary - ₹10.9 Lakhs to ₹32.0 Lakhs per year
Aditya Birla Insurance Brokers Deputy Chief Manager Salary - ₹15.0 Lakhs to ₹23.8 Lakhs per year
Aditya Birla Sun Life Insurance Deputy Chief Manager Salary - ₹11.4 Lakhs to ₹24.5 Lakhs per year

What is the salary of a Deputy Chief Manager in companies similar to Kotak Mahindra General Insurance in Mumbai?

Kotak Mahindara Life Insurance Deputy Chief Manager Salary - ₹5.5 Lakhs to ₹12.5 Lakhs per year

What is the estimated take home salary of a Deputy Chief Manager at Kotak Mahindra General Insurance in Mumbai?

The estimated take-home salary of a Deputy Chief Manager at Kotak Mahindra General Insurance ranges between ₹1,03,751 per month to ₹1,06,594 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Deputy Chief Manager salary in India which ranges between ₹13.0 Lakhs to ₹16.9 Lakhs per year for employees with experience between 4 years to 17 years. Check how did we calculate take home salary?

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Kotak Mahindra General Insurance Deputy Chief Manager Salaries in Mumbai

Kotak Mahindra General Insurance Deputy Chief Manager salary in Mumbai ranges between ₹13 Lakhs to ₹16.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

Kotak Mahindra General Insurance Deputy Chief Manager salaries in Mumbai

Companies similar to Kotak Mahindra General Insurance for Deputy Chief Manager in Mumbai

Latest annual salaries shared by Kotak Mahindra General Insurance Deputy Chief Manager in Mumbai

Experience wise Kotak Mahindra General Insurance Deputy Chief Manager salaries in Mumbai

Similar Designation salaries in Kotak Mahindra General Insurance

Top skills at Kotak Mahindra General Insurance for Deputy Chief Manager

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 Deputy Chief Manager Salary FAQs

Tell us how to improve this page.