Kotak Mahindra General Insurance Mumbai Manager II Salaries by 2 Employees (Updated 2025)

11 - 12 years exp.

₹6.8 Lakhs - ₹8.6 Lakhs

Low Confidence

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Last Updated: 26 Dec 2023

Companies similar to Kotak Mahindra General Insurance for Manager II in Mumbai

Kotak Mahindra General Insurance Manager II Salary

11 - 12 years exp. (AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Manager II Salary 1 - 13 years exp. (107 salaries)	₹8 L/yr - ₹13.7 L/yr 42% more	22 job openings
ICICI Bank Manager II Salary 2 - 16 years exp. (144 salaries)	₹8.5 L/yr - ₹24.7 L/yr 129% more
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Flipkart Manager II Salary 4 - 15 years exp. (13 salaries)	₹20 L/yr - ₹26.2 L/yr 219% more	1 job opening
Sun Pharmaceutical Industries Manager II Salary 8 - 15 years exp. (12 salaries)	₹8.4 L/yr - ₹13.5 L/yr 52% more	2 job openings
PwC Manager II Salary 8 - 14 years exp. (10 salaries)	₹19 L/yr - ₹37.5 L/yr 342% more

Manager II salary at Kotak Mahindra General Insurance ranges between ₹6.8 Lakhs to ₹8.6 Lakhs per year for employees with experience between 11 years to 12 years. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindra General Insurance.

Similar Designation salaries in Kotak Mahindra General Insurance

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Chief Manager Salary

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₹8.3 L/yr - ₹18.5 L/yr

Associate Vice President Salary

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₹8 L/yr - ₹22.5 L/yr

Deputy Chief Manager Salary

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₹13 L/yr - ₹16.9 L/yr

Customer Service Executive Salary

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₹3 L/yr - ₹5.8 L/yr

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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.

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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2w (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 Manager II Salary FAQs

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

According to AmbitionBox, 100% of the Kotak Mahindra General Insurance Manager IIs in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Manager II Salaries in Mumbai

Kotak Mahindra General Insurance Manager II salary in Mumbai ranges between ₹6.8 Lakhs to ₹8.6 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra General Insurance.