Kotak Mahindra General Insurance Chennai Deputy Manager Salaries by 7 Employees

6 - 10 years exp.

₹4.8 Lakhs - ₹5.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

35% less than the average Deputy Manager Salary in Insurance Companies for 6 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Deputy Manager Salary 6 - 10 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.7 L/yr
Sales & Business Development Deputy Manager Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹6 L/yr
Login to view exact salary
BFSI, Investments & Trading Deputy Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹5.9 L/yr

Last Updated: 21 Sep 2024

Companies similar to Kotak Mahindra General Insurance for Deputy Manager in Chennai

Kotak Mahindra General Insurance Deputy Manager Salary

6 - 10 years exp. (7 salaries)

₹4.8 L/yr - ₹5.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Deputy Manager Salary 0 - 9 years exp. (59 salaries)	₹2.1 L/yr - ₹5.5 L/yr 31% less
HDFC Ergo General Insurance Deputy Manager Salary 0 - 13 years exp. (50 salaries)	₹4.3 L/yr - ₹9 L/yr 7% more
Login to view exact salary
HDFC Life Deputy Manager Salary 2 - 15 years exp. (40 salaries)	₹4.5 L/yr - ₹12 L/yr 30% more
Cholamandalam MS General Insurance Deputy Manager Salary 1 - 11 years exp. (35 salaries)	₹6.2 L/yr - ₹11 L/yr 59% more
Aditya Birla Health Insurance Co Deputy Manager Salary 7 - 11 years exp. (5 salaries)	₹4.7 L/yr - ₹8.1 L/yr 34% more
Future Generali India Life Insurance Deputy Manager Salary 6 - 13 years exp. (4 salaries)	₹4.1 L/yr - ₹7.9 L/yr 36% more	2 job openings
IndiaFirst Life Insurance Deputy Manager Salary 4 - 10 years exp. (3 salaries)	₹6.5 L/yr - ₹8 L/yr 22% more

Deputy Manager salary at Kotak Mahindra General Insurance ranges between ₹4.8 Lakhs to ₹5.8 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Deputy Manager salaries in Chennai

Last Updated: 21 Sep 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
Login to view exact salary
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
9 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
10 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 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

Salary related reviews for Kotak Mahindra General Insurance

4.0

Rated by 1 employees for salary & benefits

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

Business Relationship Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Mar 2025

3.0

for Salary and Benefits

Likes

If a person spent 1 year here that employee can gather huge knoledge about general insurance..the training procedure is really awsome.

Skill development - Excellent

+2 more

Dislikes

Work life balance and the supervisor behaviour is too much pathetic.

Promotions - Poor

+2 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about Kotak Mahindra General Insurance?

Ask anonymously on communities.

Kotak Mahindra General Insurance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Kotak Mahindra General Insurance in Chennai?

The average salary of a Deputy Manager at Kotak Mahindra General Insurance in Chennai typically ranges from ₹4.8 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Deputy Manager in Chennai at Kotak Mahindra General Insurance earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Deputy Manager Salaries at Kotak Mahindra General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 Kotak Mahindra General Insurance employees in India.

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

The estimated take-home salary of a Deputy Manager at Kotak Mahindra General Insurance in Chennai typically ranges from ₹41,628 to ₹42,769 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹5.8 Lakhs per year for employees with experience ranging from 6 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Kotak Mahindra General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Deputy Manager at Kotak Mahindra General Insurance in Chennai?

To be a Deputy Manager at Kotak Mahindra General Insurance in Chennai, the key skills required include:

- General Insurance
- agency development
- Motor Insurance
- Sales Support
- Product Training

These skills are highly valued at Kotak Mahindra General Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindra General Insurance for Deputy Manager in India?

Cholamandalam MS General Insurance	₹6.2 Lakhs to ₹11.0 Lakhs per year
Future Generali India Life Insurance	₹4.1 Lakhs to ₹7.9 Lakhs per year
Aditya Birla Health Insurance Co	₹4.7 Lakhs to ₹8.1 Lakhs per year
HDFC Life	₹4.5 Lakhs to ₹12.0 Lakhs per year
IndiaFirst Life Insurance	₹6.5 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra General Insurance, depending on the role and experience level.

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

The salary of a Deputy Manager at companies similar to Kotak Mahindra General Insurance in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Ergo General Insurance	₹4.3 Lakhs to ₹9.0 Lakhs per year
Kotak Mahindara Life Insurance	₹2.1 Lakhs to ₹5.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Deputy Manager at Kotak Mahindra General Insurance in Chennai?

The salary growth for a Deputy Manager at Kotak Mahindra General Insurance in Chennai depends on factors such as experience, performance, and promotions. On average, a Deputy Manager in Chennai can expect the following growth trajectory at Kotak Mahindra General Insurance:

Experience	Average Salary Range
6 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
7 years	₹4.9 Lakhs to ₹6.2 Lakhs per year
8 years	₹5.0 Lakhs to ₹6.3 Lakhs per year
9 years	₹5.0 Lakhs to ₹6.4 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Kotak Mahindra General Insurance Salaries >
Kotak Mahindra General Insurance Deputy Manager Salaries >
Kotak Mahindra General Insurance Deputy Manager Salaries in Chennai

Kotak Mahindra General Insurance Deputy Manager salary in Chennai ranges between ₹4.8 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

Kotak Mahindra General Insurance Deputy Manager salaries in Chennai

Companies similar to Kotak Mahindra General Insurance for Deputy Manager in Chennai

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

Experience wise Kotak Mahindra General Insurance Deputy Manager salaries in Chennai

Top skills at Kotak Mahindra General Insurance for Deputy Manager

Salary related reviews for Kotak Mahindra General Insurance

Chief Manager in Mumbai

Assistant Manager in Mumbai

Business Relationship Manager in Kolkata

Relationship Manager in Raipur

Assistant Manager in Mumbai

Kotak Mahindra General Insurance Deputy Manager Salary FAQs

Tell us how to improve this page.