Kotak Mahindra General Insurance Manager Salaries by 80+ Employees (Updated 2025)

4 - 13 years exp.

₹3.8 Lakhs - ₹9.5 Lakhs

Salary of majority employees

54% less than the average Manager Salary in Insurance Companies for 4 - 13 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Manager Salary 4 - 13 years exp. (28 salaries)	₹4.5 L/yr - ₹9.5 L/yr
Sales & Business Development Manager Salary 4 - 11 years exp. (16 salaries)	₹3.8 L/yr - ₹7.9 L/yr
Login to view exact salary
Marketing & Communication Manager Salary 4 - 12 years exp. (8 salaries)	₹5.1 L/yr - ₹8.5 L/yr
Customer Success, Service & Operations Manager Salary 6 - 13 years exp. (6 salaries)	₹5.6 L/yr - ₹7.9 L/yr
Finance & Accounting Manager Salary 4 - 10 years exp. (4 salaries)	₹3.8 L/yr - ₹8.5 L/yr

View all

Last Updated: 19 Feb 2025

Companies similar to Kotak Mahindra General Insurance for Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Manager Salary 2 - 14 years exp. (264 salaries)	₹3 L/yr - ₹12.3 L/yr 5% less
HDFC Ergo General Insurance Manager Salary 4 - 16 years exp. (418 salaries)	₹4.5 L/yr - ₹16.4 L/yr 29% more
Login to view exact salary
Bajaj Allianz General Insurance Manager Salary 6 - 19 years exp. (109 salaries)	₹7 L/yr - ₹30 L/yr 129% more
Reliance General Insurance Manager Salary 2 - 17 years exp. (167 salaries)	₹4.5 L/yr - ₹11.6 L/yr 1% more
Tata AIG Manager Salary 1 - 11 years exp. (459 salaries)	₹3.7 L/yr - ₹10.9 L/yr 11% less	7 job openings
United India Insurance Company Manager Salary 5 - 31 years exp. (6 salaries)	₹10 L/yr - ₹26 L/yr 177% more
National Insurance Company Manager Salary 3 - 15 years exp. (6 salaries)	₹7.5 L/yr - ₹36.6 L/yr 191% more
SBI General Insurance Manager Salary 1 - 13 years exp. (105 salaries)	₹5.5 L/yr - ₹11.3 L/yr 13% more
Future Generali India Life Insurance Manager Salary 4 - 18 years exp. (115 salaries)	₹7 L/yr - ₹22.3 L/yr 79% more	2 job openings
Kotak Mahindara Life Insurance Manager Salary 0 - 12 years exp. (562 salaries)	₹2.4 L/yr - ₹8.5 L/yr 28% less
HDFC Life Manager Salary 2 - 16 years exp. (467 salaries)	₹4.5 L/yr - ₹15.6 L/yr 24% more
Login to view exact salary
ICICI Prudential Life Insurance Manager Salary 1 - 13 years exp. (286 salaries)	₹3 L/yr - ₹13 L/yr 6% more
Aditya Birla Health Insurance Co Manager Salary 1 - 12 years exp. (205 salaries)	₹5 L/yr - ₹17 L/yr 33% more
MetLife Manager Salary 8 - 19 years exp. (136 salaries)	₹14 L/yr - ₹54 L/yr 356% more
Medi Assist India Manager Salary 6 - 18 years exp. (124 salaries)	₹4 L/yr - ₹15 L/yr 25% more	3 job openings
Bharti AXA Life Insurance Manager Salary 3 - 16 years exp. (115 salaries)	₹5 L/yr - ₹17.4 L/yr 49% more
Cholamandalam MS General Insurance Manager Salary 3 - 13 years exp. (112 salaries)	₹3.1 L/yr - ₹12.5 L/yr 3% more
Edelweiss Life Insurance Manager Salary 5 - 12 years exp. (80 salaries)	₹4.9 L/yr - ₹14.5 L/yr 25% more
IndiaFirst Life Insurance Manager Salary 1 - 13 years exp. (65 salaries)	₹4.6 L/yr - ₹20.2 L/yr 53% more
Axa XL Manager Salary 8 - 14 years exp. (63 salaries)	₹12.5 L/yr - ₹33.5 L/yr 226% more

View all

Manager salary at Kotak Mahindra General Insurance ranges between ₹3.8 Lakhs to ₹9.5 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 82 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Manager salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
4 years (9 salaries)	₹4.3 L/yr - ₹8.4 L/yr
5 years (5 salaries)	₹5 L/yr - ₹13.1 L/yr
Login to view exact salary
6 years (13 salaries)	₹3.8 L/yr - ₹9.5 L/yr
7 years (5 salaries)	₹5.6 L/yr - ₹7.9 L/yr
8 years (10 salaries)	₹3.8 L/yr - ₹8.5 L/yr
9 years (8 salaries)	₹5 L/yr - ₹8 L/yr
10 years (14 salaries)	₹4.5 L/yr - ₹8.5 L/yr
11 years (9 salaries)	₹5.5 L/yr - ₹8.8 L/yr
12 years (5 salaries)	₹5 L/yr - ₹8.3 L/yr
13 years (4 salaries)	₹6.3 L/yr - ₹9 L/yr

View all

Similar Designation salaries in Kotak Mahindra General Insurance

Deputy Manager Salary

(199 salaries)

₹2.95 L/yr - ₹7.25 L/yr

Finance Manager Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Management Trainee Salary

(12 salaries)

₹3 L/yr - ₹4 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Deputy General Manager Salary

(3 salaries)

₹4.5 L/yr - ₹5.3 L/yr

Assistant Vice President Salary

(5 salaries)

₹22.5 L/yr - ₹30.8 L/yr

Top skills at Kotak Mahindra General Insurance for Manager

Sales Payroll Processing Relationship Management Litigation institutional sales

Salary related reviews for Kotak Mahindra General Insurance

4.3

Rated by 5 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

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.

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

Got a question about Kotak Mahindra General Insurance?

Ask anonymously on communities.

Kotak Mahindra General Insurance Manager Salary FAQs

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

Manager salary at Kotak Mahindra General Insurance in India ranges between ₹3.8 Lakhs to ₹9.5 Lakhs for experience between 4 years to 13 years. According to our estimates it is 54% less than the average Manager Salary in India. Salary estimates are based on 82 latest salaries received from various employees of Kotak Mahindra General Insurance India.

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

The average salary of a Manager at Kotak Mahindra General Insurance is 54% less than the average salary of a Manager in India. To know exact salary insights, login to view.

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

Sales, Payroll Processing, Relationship Management, Litigation and institutional sales are some of the popular skills required to work as a Manager at Kotak Mahindra General Insurance India.

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

MetLife Manager Salary - ₹14.0 Lakhs to ₹54.0 Lakhs per year
Principal Global Services Manager Salary - ₹19.5 Lakhs to ₹40.0 Lakhs per year
AXA Business Services Manager Salary - ₹12.3 Lakhs to ₹37.0 Lakhs per year
Axa XL Manager Salary - ₹12.5 Lakhs to ₹33.5 Lakhs per year
National Insurance Company Manager Salary - ₹7.5 Lakhs to ₹36.6 Lakhs per year

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

United India Insurance Company Manager Salary - ₹10.0 Lakhs to ₹26.0 Lakhs per year
Swiss Re Manager Salary - ₹13.6 Lakhs to ₹21.0 Lakhs per year
Bajaj Allianz General Insurance Manager Salary - ₹7.0 Lakhs to ₹30.0 Lakhs per year
Royal Sundaram General Insurance Manager Salary - ₹8.0 Lakhs to ₹23.0 Lakhs per year
Digit Insurance Manager Salary - ₹9.3 Lakhs to ₹21.3 Lakhs per year

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

The estimated take-home salary of a Manager at Kotak Mahindra General Insurance ranges between ₹55,088 per month to ₹56,466 per month in India. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Manager salary in India which ranges between ₹3.8 Lakhs to ₹9.5 Lakhs per year for employees with experience between 4 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 79% of the Kotak Mahindra General Insurance Managers reported a notice period of 3 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 57 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra General Insurance Manager Salaries by Location

Home >
Salaries >
Kotak Mahindra General Insurance Salaries >
Kotak Mahindra General Insurance Manager Salaries

Kotak Mahindra General Insurance Manager salary in India ranges between ₹3.8 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 82 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

Kotak Mahindra General Insurance Manager salaries in India (Updated 2025)

Companies similar to Kotak Mahindra General Insurance for Manager

Latest annual salaries shared by Kotak Mahindra General Insurance Manager

Experience wise Kotak Mahindra General Insurance Manager salaries

Similar Designation salaries in Kotak Mahindra General Insurance

Top skills at Kotak Mahindra General Insurance for Manager

Salary related reviews for Kotak Mahindra General Insurance

Chief Manager in Mumbai

Assistant Manager in Mumbai

Relationship Manager in Raipur

Assistant Manager in Mumbai

Deputy Manager Grade 2 in Panipat

Kotak Mahindra General Insurance Manager Salary FAQs

Tell us how to improve this page.

Kotak Mahindra General Insurance Manager Salaries by Location