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

Annual salary range
4 - 8 years exp.
₹3.7 Lakhs - ₹6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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41% less than the average Deputy Manager Salary in Insurance Companies for 4 - 8 years of experience

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Salaries in different departments

Sales & Business Development
Deputy Manager Salary
4 - 8 years exp. (11 salaries)
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₹4.2 L/yr - ₹6 L/yr

BFSI, Investments & Trading
Deputy Manager Salary
4 - 6 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹5.6 L/yr

Last Updated: 11 Mar 2025

Companies similar to Kotak Mahindra General Insurance for Deputy Manager in New Delhi

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Kotak Mahindra General Insurance Deputy Manager Salary

4 - 8 years exp. (16 salaries)

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₹3.7 L/yr - ₹6 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
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₹3.7 L/yr - ₹10 L/yr

arrow icon 16% more
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₹2 L/yr - ₹5.6 L/yr

arrow icon 20% less
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HDFC Life Deputy Manager Salary

2 - 14 years exp. (49 salaries)

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₹4.8 L/yr - ₹12 L/yr

arrow icon 57% more
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₹5.1 L/yr - ₹11.2 L/yr

arrow icon 42% more
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₹9.8 L/yr - ₹16 L/yr

arrow icon 171% more
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₹6.2 L/yr - ₹10.3 L/yr

arrow icon 69% more
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XL Catlin Deputy Manager Salary

7 - 13 years exp. (6 salaries)

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₹8.2 L/yr - ₹16 L/yr

arrow icon 153% more
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₹5 L/yr - ₹10.8 L/yr

arrow icon 75% more
2 job openings
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₹3.2 L/yr - ₹6.3 L/yr

arrow icon 6% less
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₹6 L/yr - ₹7 L/yr

arrow icon 28% more
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₹18 L/yr - ₹20 L/yr

arrow icon 274% more
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₹7.1 L/yr - ₹8 L/yr

arrow icon 39% more
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₹4 L/yr - ₹5.6 L/yr

arrow icon 13% less
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AXA Business Services Deputy Manager Salary

6 - 10 years exp. (3 salaries)

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₹10 L/yr - ₹17.8 L/yr

arrow icon 176% more
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₹17.9 L/yr - ₹21 L/yr

arrow icon 279% more
Deputy Manager salary at Kotak Mahindra General Insurance ranges between ₹3.7 Lakhs to ₹6 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 16 latest salaries received from various employees of Kotak Mahindra General Insurance.

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

4w ago
₹5.4 Lakhs
8 years exp.
3mo ago
₹4.2 Lakhs
6 years exp.
4mo ago
₹4.2 Lakhs
5 years exp.
5mo ago
₹5 Lakhs
6 years exp.
7mo ago
₹5.4 Lakhs
6 years exp.
10mo ago
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5 years exp.
1y ago
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6 years exp.
1y ago
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5 years exp.
1y ago
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4 years exp.
1y ago
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4 years exp.

Experience wise Kotak Mahindra General Insurance Deputy Manager salaries in New Delhi

Last Updated: 11 Mar 2025

Experience Avg Annual Salary
4 years  (4 salaries)

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₹3.7 L/yr - ₹8.8 L/yr
5 years  (5 salaries)

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₹4.2 L/yr - ₹5 L/yr
6 years  (5 salaries)

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₹4.2 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
8 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

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₹2.75 L/yr - ₹4.4 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

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

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.

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  • Skill development - Excellent
  • +2 more

Dislikes

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

  • Promotions - Poor
  • +2 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.

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  • 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
see more salary related reviews

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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 New Delhi?
The average salary of a Deputy Manager at Kotak Mahindra General Insurance in New Delhi typically ranges from ₹3.7 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Deputy Manager in New Delhi at Kotak Mahindra General Insurance earn more than ₹5.4 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 10+ Kotak Mahindra General Insurance employees in India.
What is the estimated take home salary of a Deputy Manager at Kotak Mahindra General Insurance in New Delhi?
The estimated take-home salary of a Deputy Manager at Kotak Mahindra General Insurance in New Delhi typically ranges from ₹39,519 to ₹40,691 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 4 years to 8 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 10+ 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 New Delhi?
To be a Deputy Manager at Kotak Mahindra General Insurance in New Delhi, 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?
United India Insurance Company ₹17.9 Lakhs to ₹21.0 Lakhs per year
The New India Assurance Co. ₹18.0 Lakhs to ₹20.0 Lakhs per year
AXA Business Services ₹10.0 Lakhs to ₹17.8 Lakhs per year
Maruti Suzuki Insurance Broking ₹9.8 Lakhs to ₹16.0 Lakhs per year
XL Catlin ₹8.2 Lakhs to ₹16.0 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 New Delhi?
The salary of a Deputy Manager at companies similar to Kotak Mahindra General Insurance in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Future Generali India Life Insurance ₹5.0 Lakhs to ₹10.8 Lakhs per year
Cholamandalam MS General Insurance ₹6.2 Lakhs to ₹10.3 Lakhs per year
HDFC Life ₹4.8 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Health Insurance Co ₹5.1 Lakhs to ₹11.2 Lakhs per year
Aditya Birla Insurance Brokers ₹7.1 Lakhs to ₹8.0 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 New Delhi?
The salary growth for a Deputy Manager at Kotak Mahindra General Insurance in New Delhi depends on factors such as experience, performance, and promotions. On average, a Deputy Manager in New Delhi can expect the following growth trajectory at Kotak Mahindra General Insurance:

Experience Average Salary Range
4 years ₹3.7 Lakhs to ₹8.8 Lakhs per year
5 years ₹4.2 Lakhs to ₹5.0 Lakhs per year
6 years ₹4.2 Lakhs to ₹6.0 Lakhs per year
7 years ₹4.6 Lakhs to ₹5.9 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra General Insurance Deputy Manager salary in New Delhi ranges between ₹3.7 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.