Kotak Mahindra General Insurance Kolkata Manager Salaries by 5 Employees (Updated 2025)

6 - 10 years exp.

₹5.1 Lakhs - ₹7.1 Lakhs

Salary of majority employees

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

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Salaries in different departments

Marketing & Communication Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹7.1 L/yr
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Sales & Business Development Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹6.9 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 - ₹7.1 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Manager Salary 1 - 14 years exp. (11 salaries)	₹4.5 L/yr - ₹11 L/yr 5% less
HDFC Ergo General Insurance Manager Salary 5 - 15 years exp. (21 salaries)	₹5 L/yr - ₹12.4 L/yr 26% more
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Bajaj Allianz General Insurance Manager Salary 13 - 16 years exp. (4 salaries)	₹12.6 L/yr - ₹18.5 L/yr 153% more
Reliance General Insurance Manager Salary 8 - 12 years exp. (3 salaries)	₹6 L/yr - ₹8 L/yr 6% more
Tata AIG Manager Salary 1 - 10 years exp. (25 salaries)	₹4 L/yr - ₹10.3 L/yr 4% less	5 job openings
SBI General Insurance Manager Salary 4 - 7 years exp. (3 salaries)	₹8.3 L/yr - ₹11 L/yr 26% more
Kotak Mahindara Life Insurance Manager Salary 0 - 11 years exp. (40 salaries)	₹3 L/yr - ₹6.1 L/yr 25% less	1 job opening
Bharti AXA Life Insurance Manager Salary 2 - 9 years exp. (6 salaries)	₹3.8 L/yr - ₹10.9 L/yr 29% more
Medi Assist India Manager Salary 9 - 15 years exp. (4 salaries)	₹5.6 L/yr - ₹8.8 L/yr 25% more	2 job openings

Manager salary at Kotak Mahindra General Insurance ranges between ₹5.1 Lakhs to ₹7.1 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)	₹5.6 L/yr - ₹12.4 L/yr
7 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
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8 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹12.5 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹12.6 L/yr
10 years (AmbitionBox Estimate)	₹6 L/yr - ₹12.7 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Deputy Manager Salary

(6 salaries)

₹4.5 L/yr - ₹6.68 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

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.

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

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.

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

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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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Kotak Mahindra General Insurance Manager Salary FAQs

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

Manager salary at Kotak Mahindra General Insurance in Kolkata ranges between ₹5.1 Lakhs to ₹7.1 Lakhs for experience between 6 years to 10 years. According to our estimates it is 57% less than the average Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra General Insurance Kolkata.

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

The average salary of a Manager at Kotak Mahindra General Insurance is 57% less than the average salary of a Manager in Kolkata. 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 Kolkata.

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

Bajaj Allianz General Insurance Manager Salary - ₹12.6 Lakhs to ₹18.5 Lakhs per year
Bharti AXA Life Insurance Manager Salary - ₹3.8 Lakhs to ₹10.9 Lakhs per year
SBI General Insurance Manager Salary - ₹8.3 Lakhs to ₹11.0 Lakhs per year
HDFC Ergo General Insurance Manager Salary - ₹5.0 Lakhs to ₹12.4 Lakhs per year
Medi Assist India Manager Salary - ₹5.6 Lakhs to ₹8.8 Lakhs per year

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

Reliance General Insurance Manager Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year
Tata AIG Manager Salary - ₹4.0 Lakhs to ₹10.3 Lakhs per year
ICICI Lombard General Insurance Company Manager Salary - ₹4.5 Lakhs to ₹11.0 Lakhs per year
Kotak Mahindara Life Insurance Manager Salary - ₹3.0 Lakhs to ₹6.1 Lakhs per year

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 ranges between ₹52,328 per month to ₹53,628 per month in Kolkata. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Manager salary in India which ranges between ₹5.1 Lakhs to ₹7.1 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Kotak Mahindra General Insurance Managers in Kolkata reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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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 ₹7.1 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.