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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 216 Reviews

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Kotak Mahindra General Insurance General Insurance Executive salaries in India

Annual salary range
4 - 13 years exp.
₹1.7 Lakh - ₹6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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45% more than the average General Insurance Executive Salary in Insurance Companies for 4 - 13 years of experience

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Salaries in different departments

Marketing & Communication
General Insurance Executive Salary
13 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.6 L/yr

Sales & Business Development
General Insurance Executive Salary
8 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 8 Sep 2024

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General Insurance Executive salary at Kotak Mahindra General Insurance ranges between ₹1.7 Lakh to ₹6 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra General Insurance.

Latest annual salaries shared by Kotak Mahindra General Insurance General Insurance Executive

5mo ago
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13 years exp.
1y ago
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8 years exp.
1y ago
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4 years exp.

Experience wise Kotak Mahindra General Insurance General Insurance Executive salaries

Last Updated: 8 Sep 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹1.9 L/yr
8 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
13 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Senior Sales Executive Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Sales Executive Salary
(3 salaries)
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₹2 L/yr - ₹3.9 L/yr
Relationship Officer Salary
(3 salaries)
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₹3 L/yr - ₹4.9 L/yr
Senior Sales Officer Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Area Sales Manager Salary
(7 salaries)
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₹5 L/yr - ₹17.3 L/yr
Sales Manager Salary
(7 salaries)
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₹4.25 L/yr - ₹6.5 L/yr
Sales Officer Salary
(4 salaries)
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₹1.5 L/yr - ₹3.5 L/yr
Branch Manager Salary
(6 salaries)
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₹6.5 L/yr - ₹8.3 L/yr
Agency Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
Relationship Manager Salary
(34 salaries)
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₹2.35 L/yr - ₹5.31 L/yr

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

  • 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

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

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

  • 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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2w (edited)
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Offer Accepted
I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.
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Kotak Mahindra General Insurance General Insurance Executive Salary FAQs

What is the notice period for General Insurance Executive at Kotak Mahindra General Insurance?
According to AmbitionBox, 50% of the Kotak Mahindra General Insurance General Insurance Executives reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance General Insurance Executive Salaries by Location

Kotak Mahindra General Insurance General Insurance Executive salary in India ranges between ₹1.7 Lakh to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.