Kotak Mahindra General Insurance Kolkata Manager Salaries by 5 Employees

6 - 10 years exp.

₹5.1 Lakhs - ₹7.2 Lakhs

Salary of majority employees

57% less than the average Manager Salary in Insurance Companies for 6 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Marketing & Communication Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹7.2 L/yr
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Sales & Business Development Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹7 L/yr

Last Updated: 4 Sep 2024

Companies similar to Kotak Mahindra General Insurance for Manager in Kolkata

Kotak Mahindra General Insurance Manager Salary

6 - 10 years exp. (5 salaries)

₹5.1 L/yr - ₹7.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Manager Salary 0 - 11 years exp. (36 salaries)	₹3 L/yr - ₹6 L/yr 27% less
HDFC Ergo General Insurance Manager Salary 5 - 14 years exp. (21 salaries)	₹5 L/yr - ₹12.4 L/yr 23% more
Login to view exact salary
HDFC Life Manager Salary 2 - 16 years exp. (17 salaries)	₹4.5 L/yr - ₹12.1 L/yr 19% more	1 job opening
ICICI Lombard General Insurance Company Manager Salary 3 - 14 years exp. (9 salaries)	₹4.5 L/yr - ₹11 L/yr 5% less
Bharti AXA Life Insurance Manager Salary 3 - 9 years exp. (5 salaries)	₹4 L/yr - ₹10.7 L/yr 41% more
Medi Assist India Manager Salary 7 - 15 years exp. (5 salaries)	₹5.6 L/yr - ₹8.7 L/yr 21% more	3 job openings

Manager salary at Kotak Mahindra General Insurance ranges between ₹5.1 Lakhs to ₹7.2 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Manager salaries in Kolkata

Last Updated: 4 Sep 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
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8 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr
9 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
10 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Deputy Manager Salary

(5 salaries)

₹4.5 L/yr - ₹5.65 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

4.0

Rated by 1 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

Business Relationship Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Mar 2025

3.0

for Salary and Benefits

Likes

If a person spent 1 year here that employee can gather huge knoledge about general insurance..the training procedure is really awsome.

Skill development - Excellent

+2 more

Dislikes

Work life balance and the supervisor behaviour is too much pathetic.

Promotions - Poor

+2 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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Kotak Mahindra General Insurance Manager Salary FAQs

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

The average salary of a Manager at Kotak Mahindra General Insurance in Kolkata typically ranges from ₹5.1 Lakhs to ₹7.2 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Manager in Kolkata at Kotak Mahindra General Insurance earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹6.4 Lakhs per year. Manager Salaries at Kotak Mahindra General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Kotak Mahindra General Insurance employees in India.

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

The estimated take-home salary of a Manager at Kotak Mahindra General Insurance in Kolkata typically ranges from ₹52,953 to ₹54,271 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from 6 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Kotak Mahindra General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Manager at Kotak Mahindra General Insurance in Kolkata?

To be a Manager at Kotak Mahindra General Insurance in Kolkata, the key skills required include:

- Sales
- Payroll Processing
- Relationship Management
- Litigation
- institutional sales

These skills are highly valued at Kotak Mahindra General Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindra General Insurance for Manager in India?

Bharti AXA Life Insurance	₹4.0 Lakhs to ₹10.7 Lakhs per year
HDFC Ergo General Insurance	₹5.0 Lakhs to ₹12.4 Lakhs per year
Medi Assist India	₹5.6 Lakhs to ₹8.7 Lakhs per year
HDFC Life	₹4.5 Lakhs to ₹12.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra General Insurance, depending on the role and experience level.

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

The salary of a Manager at companies similar to Kotak Mahindra General Insurance in Kolkata varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company	₹4.5 Lakhs to ₹11.0 Lakhs per year
Kotak Mahindara Life Insurance	₹3.0 Lakhs to ₹6.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Manager at Kotak Mahindra General Insurance in Kolkata?

The salary growth for a Manager at Kotak Mahindra General Insurance in Kolkata depends on factors such as experience, performance, and promotions. On average, a Manager in Kolkata can expect the following growth trajectory at Kotak Mahindra General Insurance:

Experience	Average Salary Range
6 years	₹6.3 Lakhs to ₹8.1 Lakhs per year
7 years	₹6.3 Lakhs to ₹8.1 Lakhs per year
8 years	₹6.4 Lakhs to ₹8.1 Lakhs per year
9 years	₹6.4 Lakhs to ₹8.2 Lakhs per year

and so on.

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Kotak Mahindra General Insurance Manager Salaries in Kolkata

Kotak Mahindra General Insurance Manager salary in Kolkata ranges between ₹5.1 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.