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Kotak Mahindra General Insurance Deputy Manager salaries in India (Updated 2025)

Annual salary range
5 - 10 years exp.
₹3 Lakhs - ₹7.3 Lakhs
Salary of majority employees
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46% less than the average Deputy Manager Salary in Insurance Companies for 5 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Salary
5 - 10 years exp. (50 salaries)
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₹3 L/yr - ₹6.5 L/yr

Sales & Business Development
Deputy Manager Salary
5 - 10 years exp. (50 salaries)
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₹3 L/yr - ₹7.3 L/yr

Customer Success, Service & Operations
Deputy Manager Salary
5 - 10 years exp. (34 salaries)
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₹3.2 L/yr - ₹7.1 L/yr

Finance & Accounting
Deputy Manager Salary
5 - 8 years exp. (9 salaries)
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₹3.6 L/yr - ₹5.9 L/yr

Marketing & Communication
Deputy Manager Salary
5 - 10 years exp. (7 salaries)
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₹4 L/yr - ₹6.5 L/yr

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Last Updated: 4 Mar 2025

Companies similar to Kotak Mahindra General Insurance for Deputy Manager

Company name Avg Annual Salary Open Jobs
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₹4.7 L/yr - ₹13.3 L/yr

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₹3.2 L/yr - ₹10.3 L/yr

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Reliance General Insurance Deputy Manager Salary

1 - 10 years exp. (114 salaries)

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₹3 L/yr - ₹7.5 L/yr

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Tata AIG Deputy Manager Salary

2 - 9 years exp. (474 salaries)

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₹2.3 L/yr - ₹9 L/yr

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₹11 L/yr - ₹24 L/yr

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₹17 L/yr - ₹26 L/yr

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₹17 L/yr - ₹25 L/yr

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SBI General Insurance Deputy Manager Salary

4 - 11 years exp. (180 salaries)

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₹4 L/yr - ₹9.1 L/yr

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₹4.1 L/yr - ₹15.9 L/yr

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HDFC Life Deputy Manager Salary

0 - 15 years exp. (821 salaries)

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₹3.5 L/yr - ₹12.5 L/yr

arrow icon 52% more
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₹2.3 L/yr - ₹5.7 L/yr

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₹4 L/yr - ₹12.6 L/yr

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Axa XL Deputy Manager Salary

7 - 13 years exp. (163 salaries)

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₹8.1 L/yr - ₹25 L/yr

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1 job opening
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IndiaFirst Life Insurance Deputy Manager Salary

4 - 13 years exp. (109 salaries)

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₹3.1 L/yr - ₹10.7 L/yr

arrow icon 30% more
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Bharti AXA Life Insurance Deputy Manager Salary

3 - 15 years exp. (82 salaries)

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₹3.5 L/yr - ₹6 L/yr

arrow icon 14% less
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₹4 L/yr - ₹13.4 L/yr

arrow icon 76% more
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Shriram General Insurance Deputy Manager Salary

1 - 13 years exp. (61 salaries)

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₹4 L/yr - ₹7.8 L/yr

arrow icon 6% more
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Pramerica Life Insurance Deputy Manager Salary

2 - 15 years exp. (54 salaries)

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₹4.8 L/yr - ₹14.7 L/yr

arrow icon 76% more
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₹2.3 L/yr - ₹8 L/yr

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Deputy Manager salary at Kotak Mahindra General Insurance ranges between ₹3 Lakhs to ₹7.3 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 200 latest salaries received from various employees of Kotak Mahindra General Insurance.

Latest annual salaries shared by Kotak Mahindra General Insurance Deputy Manager

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7 years exp.
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Experience wise Kotak Mahindra General Insurance Deputy Manager salaries

Last Updated: 4 Mar 2025

Experience Avg Annual Salary
5 years  (56 salaries)

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₹3.1 L/yr - ₹6.5 L/yr
6 years  (49 salaries)

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₹3 L/yr - ₹6.7 L/yr
7 years  (36 salaries)

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₹3 L/yr - ₹7 L/yr
8 years  (32 salaries)

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₹3.6 L/yr - ₹7.3 L/yr
9 years  (13 salaries)

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₹4 L/yr - ₹7 L/yr
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Similar Designation salaries in Kotak Mahindra General Insurance

Team Manager Salary
(6 salaries)
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₹5.1 L/yr - ₹8.08 L/yr
Branch Manager Salary
(6 salaries)
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₹6.5 L/yr - ₹8.3 L/yr
Area Manager Salary
(5 salaries)
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₹10.3 L/yr - ₹17 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹5.8 L/yr - ₹7.4 L/yr
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₹5.3 L/yr - ₹7.7 L/yr
Project Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
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₹2.15 L/yr - ₹5.38 L/yr
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₹5.5 L/yr - ₹7.11 L/yr
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₹2.35 L/yr - ₹5.31 L/yr
Team Lead Salary
(25 salaries)
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₹3.7 L/yr - ₹6.48 L/yr

Top skills at Kotak Mahindra General Insurance for Deputy Manager

General Insurance agency development Motor Insurance Sales Support Product Training Sales Training General Insurance Communication Skills Health Insurance Lead Management Sales Agent Recruitment Sales Analytics Data Mining Bancassurance
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Salary related reviews for Kotak Mahindra General Insurance

3.6

Rated by 28 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +5 more

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

read more
  • 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

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.

read more
  • Salary - Poor
  • +1 more

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.

read more
  • Salary - Bad
  • +6 more

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

read more
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Kotak Mahindra General Insurance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Kotak Mahindra General Insurance?
Deputy Manager salary at Kotak Mahindra General Insurance in India ranges between ₹3.0 Lakhs to ₹7.3 Lakhs for experience between 5 years to 10 years. According to our estimates it is 46% less than the average Deputy Manager Salary in India. Salary estimates are based on 200 latest salaries received from various employees of Kotak Mahindra General Insurance India.
How does the salary of a Deputy Manager at Kotak Mahindra General Insurance India compare with the average salary range for this job?
The average salary of a Deputy Manager at Kotak Mahindra General Insurance is 46% less than the average salary of a Deputy Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Deputy Manager at Kotak Mahindra General Insurance?
General Insurance, agency development, Motor Insurance, Sales Support and Product Training are some of the popular skills required to work as a Deputy Manager at Kotak Mahindra General Insurance India.
Which similar companies are paying more than Kotak Mahindra General Insurance to a Deputy Manager in India?
  • Swiss Re Deputy Manager Salary - ₹7.5 Lakhs to ₹32.0 Lakhs per year
  • National Insurance Company Deputy Manager Salary - ₹17.0 Lakhs to ₹25.0 Lakhs per year
  • The New India Assurance Co. Deputy Manager Salary - ₹17.0 Lakhs to ₹26.0 Lakhs per year
  • United India Insurance Company Deputy Manager Salary - ₹11.0 Lakhs to ₹24.0 Lakhs per year
  • Axa XL Deputy Manager Salary - ₹8.1 Lakhs to ₹25.0 Lakhs per year
What is the salary of a Deputy Manager in companies similar to Kotak Mahindra General Insurance in India?
  • Royal Sundaram General Insurance Deputy Manager Salary - ₹12.0 Lakhs to ₹17.4 Lakhs per year
  • AXA Business Services Deputy Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
  • Bajaj Allianz General Insurance Deputy Manager Salary - ₹7.3 Lakhs to ₹16.0 Lakhs per year
  • Allianz Partners Deputy Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
  • Future Generali India Life Insurance Deputy Manager Salary - ₹4.1 Lakhs to ₹15.9 Lakhs per year
What is the estimated take home salary of a Deputy Manager at Kotak Mahindra General Insurance in India?
The estimated take-home salary of a Deputy Manager at Kotak Mahindra General Insurance ranges between ₹39,416 per month to ₹40,589 per month in India. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Deputy Manager salary in India which ranges between ₹3.0 Lakhs to ₹7.3 Lakhs per year for employees with experience between 5 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Deputy Manager at Kotak Mahindra General Insurance?
According to AmbitionBox, 68% of the Kotak Mahindra General Insurance Deputy Managers reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 194 responses on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Deputy Manager salary in India ranges between ₹3 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 200 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

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