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This company page is being actively managed by Kotak Mahindra General Insurance Team. If you also belong to the team, you can get access from here

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3.7

based on 224 Reviews

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Kotak Mahindra General Insurance Deputy Manager salaries in Hyderabad / Secunderabad

Annual salary range
4 - 9 years exp.
₹4.3 Lakhs - ₹6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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34% less than the average Deputy Manager Salary in Insurance Companies for 4 - 9 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Salary
5 - 8 years exp. (3 salaries)
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₹4.3 L/yr - ₹6 L/yr

Customer Success, Service & Operations
Deputy Manager Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹4.7 L/yr - ₹5.7 L/yr

Sales & Business Development
Deputy Manager Salary
7 - 9 years exp. (AmbitionBox Estimate)
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₹5.5 L/yr - ₹5.7 L/yr

Last Updated: 11 Nov 2024

Companies similar to Kotak Mahindra General Insurance for Deputy Manager in Hyderabad / Secunderabad

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Kotak Mahindra General Insurance Deputy Manager Salary

4 - 9 years exp. (7 salaries)
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₹4.3 L/yr - ₹6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Ergo General Insurance Deputy Manager Salary

0 - 12 years exp. (76 salaries)
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₹3.5 L/yr - ₹8.8 L/yr

arrow icon 3% more
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Aditya Birla Health Insurance Co Deputy Manager Salary

2 - 9 years exp. (19 salaries)
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₹5 L/yr - ₹10.1 L/yr

arrow icon 38% more
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IndiaFirst Life Insurance Deputy Manager Salary

9 - 12 years exp. (7 salaries)
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₹5.5 L/yr - ₹8.3 L/yr

arrow icon 24% more
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Cholamandalam MS General Insurance Deputy Manager Salary

1 - 9 years exp. (3 salaries)
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₹7 L/yr - ₹9.5 L/yr

arrow icon 55% more
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ICICI Bank Deputy Manager Salary

0 - 15 years exp. (3k salaries)
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₹2.8 L/yr - ₹10.5 L/yr

arrow icon 16% more
Deputy Manager salary at Kotak Mahindra General Insurance ranges between ₹4.3 Lakhs to ₹6 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra General Insurance.

Latest annual salaries shared by Kotak Mahindra General Insurance Deputy Manager in Hyderabad / Secunderabad

4mo ago
₹4.7 Lakhs
5 years exp.
6mo ago
₹4.7 Lakhs
4 years exp.
8mo ago
₹5.7 Lakhs
7 years exp.
11mo ago
₹6 Lakhs
8 years exp.
1y ago
₹5.5 Lakhs
9 years exp.

Experience wise Kotak Mahindra General Insurance Deputy Manager salaries in Hyderabad / Secunderabad

Last Updated: 11 Nov 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr
6 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.3 L/yr
8 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
View all

Similar Designation salaries in Kotak Mahindra General Insurance

Team Lead Salary
(4 salaries)
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₹4.7 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

Salary related reviews for Kotak Mahindra General Insurance

4.0

Rated by 2 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.

read more
  • 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

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

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.

read more
  • 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.

read more
  • 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.

read more
  • Salary - Bad
    • +6 more
see more salary related reviews

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Salary Discussions, Hike & Promotions
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works at
Georgia-Pacific
New offer. Confused.
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?
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Kotak Mahindra General Insurance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Kotak Mahindra General Insurance in Hyderabad / Secunderabad?
The average salary of a Deputy Manager at Kotak Mahindra General Insurance in Hyderabad / Secunderabad typically ranges from ₹4.3 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Deputy Manager in Hyderabad / Secunderabad at Kotak Mahindra General Insurance earn more than ₹5.9 Lakhs per year, and the top 1% earn over ₹6.0 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 Hyderabad / Secunderabad?
The estimated take-home salary of a Deputy Manager at Kotak Mahindra General Insurance in Hyderabad / Secunderabad typically ranges from ₹41,810 to ₹42,948 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 4 years to 9 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 Hyderabad / Secunderabad?
To be a Deputy Manager at Kotak Mahindra General Insurance in Hyderabad / Secunderabad, 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 ₹7.0 Lakhs to ₹9.5 Lakhs per year
Aditya Birla Health Insurance Co ₹5.0 Lakhs to ₹10.1 Lakhs per year
IndiaFirst Life Insurance ₹5.5 Lakhs to ₹8.3 Lakhs per year
ICICI Bank ₹2.8 Lakhs to ₹10.5 Lakhs per year
HDFC Ergo General Insurance ₹3.5 Lakhs to ₹8.8 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.
How the salary growth look like for a Deputy Manager at Kotak Mahindra General Insurance in Hyderabad / Secunderabad?
The salary growth for a Deputy Manager at Kotak Mahindra General Insurance in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Deputy Manager in Hyderabad / Secunderabad can expect the following growth trajectory at Kotak Mahindra General Insurance:

Experience Average Salary Range
4 years ₹4.7 Lakhs to ₹6.0 Lakhs per year
5 years ₹4.8 Lakhs to ₹6.1 Lakhs per year
6 years ₹4.8 Lakhs to ₹6.2 Lakhs per year
7 years ₹4.9 Lakhs to ₹6.3 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra General Insurance Deputy Manager salary in Hyderabad / Secunderabad ranges between ₹4.3 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.