Kotak Mahindra General Insurance Location Manager Salaries by 10+ Employees (Updated 2025)

7 - 18 years exp.

₹5.7 Lakhs - ₹11.8 Lakhs

Salary of majority employees

21% more than the average Location Manager Salary in Insurance Companies for 7 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Location Manager Salary 7 - 14 years exp. (8 salaries)	₹6 L/yr - ₹9 L/yr
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Sales & Business Development Location Manager Salary 8 - 9 years exp. (3 salaries)	₹5.7 L/yr - ₹8 L/yr

Last Updated: 18 Nov 2024

Companies similar to Kotak Mahindra General Insurance for Location Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Location Manager Salary 4 - 22 years exp. (21 salaries)	₹7.5 L/yr - ₹13 L/yr 23% more
Cholamandalam MS General Insurance Location Manager Salary 7 - 19 years exp. (4 salaries)	₹5.3 L/yr - ₹18 L/yr 31% more
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HDFC Life Location Manager Salary 2 - 15 years exp. (3 salaries)	₹5 L/yr - ₹9.6 L/yr 23% less
HDFC Bank Location Manager Salary 1 - 11 years exp. (151 salaries)	₹3 L/yr - ₹11.2 L/yr 26% less
Sammaan Capital Limited Location Manager Salary 7 - 18 years exp. (104 salaries)	₹6 L/yr - ₹14 L/yr 8% more

Location Manager salary at Kotak Mahindra General Insurance ranges between ₹5.7 Lakhs to ₹11.8 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 16 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Location Manager salaries

Last Updated: 18 Nov 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹16.3 L/yr
8 years (3 salaries)	₹5.7 L/yr - ₹16.2 L/yr
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9 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹16 L/yr
10 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹15.8 L/yr
11 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹15.7 L/yr
12 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹11.3 L/yr
13 years (AmbitionBox Estimate)	₹6 L/yr - ₹15.3 L/yr
14 years (3 salaries)	₹7 L/yr - ₹9 L/yr
15+ years (3 salaries)	₹3.3 L/yr - ₹11.8 L/yr

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Similar Designation salaries in Kotak Mahindra General Insurance

Finance Manager Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Branch Manager Salary

(6 salaries)

₹6.5 L/yr - ₹8.3 L/yr

Relationship Manager Salary

(34 salaries)

₹2.35 L/yr - ₹5.31 L/yr

Deputy Manager Salary

(200 salaries)

₹2.95 L/yr - ₹7.25 L/yr

Sales Manager Salary

(7 salaries)

₹4.25 L/yr - ₹6.5 L/yr

Area Sales Manager Salary

(7 salaries)

₹5 L/yr - ₹17.3 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Sales Officer Salary

(4 salaries)

₹1.5 L/yr - ₹3.5 L/yr

Team Lead Salary

(25 salaries)

₹3.7 L/yr - ₹6.48 L/yr

Senior Relationship Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Top skills at Kotak Mahindra General Insurance for Location Manager

General Insurance Health Insurance Channel Partners Motor Insurance institutional sales Team Handling Life Insurance Bancassurance Sales banca sales Team Management Skills Insurance Sales agency Direct Sales Retail Sales

Salary related reviews for Kotak Mahindra General Insurance

3.1

Rated by 3 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

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

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

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

Skill development - Good

+1 more

Dislikes

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

Salary - Poor

+2 more

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

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 Location Manager Salary FAQs

What is the salary of Location Manager at Kotak Mahindra General Insurance?

Location Manager salary at Kotak Mahindra General Insurance in India ranges between ₹5.7 Lakhs to ₹11.8 Lakhs for experience between 7 years to 18 years. According to our estimates it is 21% more than the average Location Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Kotak Mahindra General Insurance India.

How does the salary of a Location Manager at Kotak Mahindra General Insurance India compare with the average salary range for this job?

The average salary of a Location Manager at Kotak Mahindra General Insurance is 21% more than the average salary of a Location Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Location Manager at Kotak Mahindra General Insurance?

General Insurance, Health Insurance, Channel Partners, Motor Insurance and institutional sales are some of the popular skills required to work as a Location Manager at Kotak Mahindra General Insurance India.

Which similar companies are paying more than Kotak Mahindra General Insurance to a Location Manager in India?

Cholamandalam MS General Insurance Location Manager Salary - ₹5.3 Lakhs to ₹18.0 Lakhs per year
Kotak Mahindara Life Insurance Location Manager Salary - ₹7.5 Lakhs to ₹13.0 Lakhs per year
Sammaan Capital Limited Location Manager Salary - ₹6.0 Lakhs to ₹14.0 Lakhs per year

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

HDFC Life Location Manager Salary - ₹5.0 Lakhs to ₹9.6 Lakhs per year
HDFC Bank Location Manager Salary - ₹3.0 Lakhs to ₹11.2 Lakhs per year

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

The estimated take-home salary of a Location Manager at Kotak Mahindra General Insurance ranges between ₹63,323 per month to ₹64,933 per month in India. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Location Manager salary in India which ranges between ₹5.7 Lakhs to ₹11.8 Lakhs per year for employees with experience between 7 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Location Manager at Kotak Mahindra General Insurance?

According to AmbitionBox, 83% of the Kotak Mahindra General Insurance Location Managers reported a notice period of 3 Months, 17% reported a notice period of 1 Month.This is based on 18 responses on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Location Manager Salaries by Location

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Kotak Mahindra General Insurance Location Manager Salaries

Kotak Mahindra General Insurance Location Manager salary in India ranges between ₹5.7 Lakhs to ₹11.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.