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This company page is being actively managed by Kotak Mahindra General Insurance Team. If you also belong to the team, you can get access from here

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3.8

based on 215 Reviews

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Mumbai Suburban
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Kotak Mahindra General Insurance Salaries in Mumbai Suburban

based on 18 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading
Designation Avg Annual Salary Open Jobs

Deputy Manager

5 - 7 years exp. · Mumbai Suburban (3 salaries)
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₹3.8 L/yr - ₹5.9 L/yr

Location Manager

7 - 10 years exp. · Mumbai Suburban (3 salaries)
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₹7 L/yr - ₹9.1 L/yr

MIS Executive

3 - 5 years exp. · Mumbai Suburban (AmbitionBox Estimate)
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₹1.9 L/yr - ₹3 L/yr

Data Entry Operator

Fresher · Mumbai Suburban (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Starting your career? Discover Kotak Mahindra General Insurance fresher salaries in India

Chief Manager Finance

8 years exp. · Mumbai Suburban (AmbitionBox Estimate)
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₹18.8 L/yr - ₹24 L/yr

Operations Executive

3 years exp. · Mumbai Suburban (AmbitionBox Estimate)
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₹3.4 L/yr - ₹3.6 L/yr

Location Managing Partner

18 years exp. · Mumbai Suburban (AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr

Assistant Manager

2 - 4 years exp. · Mumbai Suburban (5 salaries)
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₹2.3 L/yr - ₹4 L/yr

Consultant

1 year exp. · Mumbai Suburban (AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.7 L/yr

Last Updated: 15 Feb, 2025

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Salary related reviews for Kotak Mahindra General Insurance

3.5

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.

read more
  • 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

read more
  • 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.

read more
  • 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.

read more
  • 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

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see more salary related reviews

Kotak Mahindra General Insurance interview questions by designations

Assistant Manager (3)Manager (2)Sales (1)Management Trainee (1)
View all 14 interview experiences

Know more about Kotak Mahindra General Insurance Mumbai Suburban

More about working at Kotak Mahindra General Insurance

Kotak Mahindra General Insurance Salary FAQs

How much does Kotak Mahindra General Insurance pay per year?
The average Kotak Mahindra General Insurance salary ranges from approximately ₹1.8 Lakh to ₹2.3 Lakhs per year for a Operations Associate and ₹30 Lakhs to ₹43 Lakhs per year for a Vice President. Salary estimates are based on 18 Kotak Mahindra General Insurance salaries received from various employees of Kotak Mahindra General Insurance. Kotak Mahindra General Insurance employees rate the overall salary and benefits package 3.5/5 stars.
What is the highest salary in Kotak Mahindra General Insurance?
The highest-paying job at Kotak Mahindra General Insurance is a Vice President with a salary of ₹30 Lakhs to ₹43 Lakhs per year. The top 10% of employees earn more than ₹15.51 lakhs per year. The top 1% earn more than a whopping ₹40.13 lakhs per year.
What is the minimum salary in Kotak Mahindra General Insurance?
Minimum salary at Kotak Mahindra General Insurance depends on the role you are applying for. For Assistant Manager the minimum salary is ₹1.3 Lakh to ₹5 Lakhs per year, and for Branch Relationship Manager the minimum salary is ₹3 Lakhs to ₹4.7 Lakhs per year and so on.
What is the salary package for freshers in Kotak Mahindra General Insurance?
The average salary at Kotak Mahindra General Insurance for freshers varies from ₹1.5 Lakh to ₹2.8 Lakhs per year for Associate and ₹3 Lakhs to ₹3.8 Lakhs per year for Management Trainee.
What is the notice period at Kotak Mahindra General Insurance in Mumbai Suburban?
According to AmbitionBox, 54% of the Kotak Mahindra General Insurance employees in Mumbai Suburban reported a notice period of 3 Months, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Mumbai Suburban Salaries by Department

Average annual salary in Kotak Mahindra General Insurance , Mumbai Suburban is INRunlock blur . Salary estimates are based on 18 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

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