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3.8

based on 210 Reviews

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Hyderabad / Secunderabad
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Kotak Mahindra General Insurance Salaries in Hyderabad / Secunderabad

based on 57 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Customer Success, Service & Operations Marketing & Communication Sales & Business Development
Designation Avg Annual Salary Open Jobs

Manager - Motor Claims

11 years exp. · Hyderabad / Secunderabad (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

Assistant Manager

2 - 6 years exp. · Hyderabad / Secunderabad (10 salaries)
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₹2.3 L/yr - ₹4 L/yr

Manager

4 - 11 years exp. · Hyderabad / Secunderabad (9 salaries)
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₹5 L/yr - ₹8.8 L/yr

Senior Manager

9 - 12 years exp. · Hyderabad / Secunderabad (AmbitionBox Estimate)
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₹8.8 L/yr - ₹11.1 L/yr

Last Updated: 24 Dec, 2024

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2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?
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Salary related reviews for Kotak Mahindra General Insurance

3.1

Rated by 10 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

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

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

Dislikes

Lack of knowledge system is very poor to handle it feels like i m working in government

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.

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

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

Dislikes

Company totally working offline policy issuance All sales manager depends on ops team for policy issuance and ops team attitude is very high

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Assistant Manager in IT Park Infinite Dindhosi Malad East

Full Time

 · 

Digital department Department

3.0
  •  posted on 08 Mar 2023
2.0
 for  Salary and Benefits

Likes

Good experience very nice and boss always supported and share good knowledge

Dislikes

Sitting arrangements is not proper and they are not doing any cultural progress and any picnic . IT service slow and management is slow.

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Kotak Mahindra General Insurance interview questions by designations

Assistant Manager (3)Manager (2)Medical Underwriter (1)Sales (1)
View all 14 interview experiences

Know more about Kotak Mahindra General Insurance Hyderabad / Secunderabad

More about working at Kotak Mahindra General Insurance

Kotak Mahindra General Insurance Salary FAQs

How much does Kotak Mahindra General Insurance pay per year?
The average Kotak Mahindra General Insurance salary ranges from approximately ₹1.8 Lakh to ₹2.3 Lakhs per year for a Operations Associate and ₹30 Lakhs to ₹43 Lakhs per year for a Vice President. Salary estimates are based on 57 Kotak Mahindra General Insurance salaries received from various employees of Kotak Mahindra General Insurance. Kotak Mahindra General Insurance employees rate the overall salary and benefits package 3.1/5 stars.
What is the highest salary in Kotak Mahindra General Insurance?
The highest-paying job at Kotak Mahindra General Insurance is a Vice President with a salary of ₹30 Lakhs to ₹43 Lakhs per year. The top 10% of employees earn more than ₹15.82 lakhs per year. The top 1% earn more than a whopping ₹40.01 lakhs per year.
What is the minimum salary in Kotak Mahindra General Insurance?
Minimum salary at Kotak Mahindra General Insurance depends on the role you are applying for. For Assistant Manager the minimum salary is ₹1.3 Lakh to ₹5 Lakhs per year, and for Branch Relationship Manager the minimum salary is ₹3 Lakhs to ₹4.7 Lakhs per year and so on.
What is the salary package for freshers in Kotak Mahindra General Insurance?
The average salary at Kotak Mahindra General Insurance for freshers varies from ₹1.5 Lakh to ₹2.8 Lakhs per year for Associate and ₹3 Lakhs to ₹3.8 Lakhs per year for Management Trainee.
What is the notice period at Kotak Mahindra General Insurance in Hyderabad / Secunderabad?
According to AmbitionBox, 58% of the Kotak Mahindra General Insurance employees in Hyderabad / Secunderabad reported a notice period of 3 Months, 23% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 43 responses on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Hyderabad / Secunderabad Salaries by Department

Average annual salary in Kotak Mahindra General Insurance , Hyderabad / Secunderabad is INRunlock blur . Salary estimates are based on 57 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

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