Kotak Mahindra General Insurance Operations Associate Salaries by 4 Employees (Updated 2025)

0 - 3 years exp.

₹1.8 Lakh - ₹2.3 Lakhs

Salary of majority employees

45% less than the average Operations Associate Salary in Insurance Companies for 0 - 3 years of experience

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Last Updated: 26 Dec 2023

Companies similar to Kotak Mahindra General Insurance for Operations Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Operations Associate Salary 1 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹3.5 L/yr 25% more
HDFC Ergo General Insurance Operations Associate Salary 0 - 10 years exp. (4 salaries)	₹3.6 L/yr - ₹5 L/yr 112% more
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Bajaj Allianz General Insurance Operations Associate Salary 0 - 3 years exp. (6 salaries)	₹1.7 L/yr - ₹3.1 L/yr 21% more
Reliance General Insurance Operations Associate Salary 0 - 6 years exp. (6 salaries)	₹2.4 L/yr - ₹3 L/yr 33% more
Tata AIG Operations Associate Salary 0 - 2 years exp. (10 salaries)	₹1.8 L/yr - ₹2.6 L/yr 12% more
SBI General Insurance Operations Associate Salary 0 - 5 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 68% more
Future Generali India Life Insurance Operations Associate Salary 1 - 5 years exp. (33 salaries)	₹1.5 L/yr - ₹3 L/yr 8% more
AXA Business Services Operations Associate Salary 0 - 4 years exp. (45 salaries)	₹2 L/yr - ₹5 L/yr 83% more
ICICI Prudential Life Insurance Operations Associate Salary 1 - 4 years exp. (32 salaries)	₹2.1 L/yr - ₹3.5 L/yr 53% more
Aditya Birla Health Insurance Co Operations Associate Salary 0 - 6 years exp. (23 salaries)	₹2.5 L/yr - ₹3.9 L/yr 63% more
HDFC Life Operations Associate Salary 1 - 5 years exp. (14 salaries)	₹1.8 L/yr - ₹4.5 L/yr 54% more
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MetLife Operations Associate Salary 0 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹6 L/yr 97% more
Swiss Re Operations Associate Salary 0 - 12 years exp. (4 salaries)	₹4.8 L/yr - ₹12 L/yr 298% more
Royal Sundaram General Insurance Operations Associate Salary 1 - 10 years exp. (4 salaries)	₹3 L/yr - ₹5.1 L/yr 97% more
Principal Global Services Operations Associate Salary 0 - 5 years exp. (4 salaries)	₹5.5 L/yr - ₹8 L/yr 221% more
Cholamandalam MS General Insurance Operations Associate Salary 1 - 4 years exp. (4 salaries)	₹1 L/yr - ₹8.8 L/yr 97% more
Pramerica Life Insurance Operations Associate Salary 7 - 15 years exp. (4 salaries)	₹3 L/yr - ₹3.3 L/yr 59% more
Bharti AXA Life Insurance Operations Associate Salary 0 - 10 years exp. (3 salaries)	₹2.2 L/yr - ₹4.5 L/yr 56% more
Medi Assist India Operations Associate Salary 1 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹2.5 L/yr 2% more
Edelweiss Life Insurance Operations Associate Salary 1 - 14 years exp. (3 salaries)	₹2.4 L/yr - ₹5.5 L/yr 75% more

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Operations Associate salary at Kotak Mahindra General Insurance ranges between ₹1.8 Lakh to ₹2.3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Operations Associate salaries

Last Updated: 26 Dec 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Senior Associate Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Operations Manager Salary

(6 salaries)

₹2.15 L/yr - ₹5.38 L/yr

Operations Executive Salary

(6 salaries)

₹2.6 L/yr - ₹4 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Relationship Manager Salary

(34 salaries)

₹2.35 L/yr - ₹5.31 L/yr

Customer Service Associate Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Quality Analyst Salary

(3 salaries)

₹5 L/yr - ₹5 L/yr

Team Lead Salary

(25 salaries)

₹3.7 L/yr - ₹6.48 L/yr

Deputy Manager Salary

(200 salaries)

₹2.95 L/yr - ₹7.25 L/yr

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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Salary Discussions, Hike & Promotions

1w (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 Operations Associate Salary FAQs

What is the salary of Operations Associate at Kotak Mahindra General Insurance?

Operations Associate salary at Kotak Mahindra General Insurance in India ranges between ₹1.8 Lakhs to ₹2.3 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 45% less than the average Operations Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra General Insurance India.

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

The average salary of a Operations Associate at Kotak Mahindra General Insurance is 45% less than the average salary of a Operations Associate in India. To know exact salary insights, login to view.

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

Swiss Re Operations Associate Salary - ₹4.8 Lakhs to ₹12.0 Lakhs per year
Principal Global Services Operations Associate Salary - ₹5.5 Lakhs to ₹8.0 Lakhs per year
HDFC Ergo General Insurance Operations Associate Salary - ₹3.6 Lakhs to ₹5.0 Lakhs per year
MetLife Operations Associate Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year
Royal Sundaram General Insurance Operations Associate Salary - ₹3.0 Lakhs to ₹5.1 Lakhs per year

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

Cholamandalam MS General Insurance Operations Associate Salary - ₹1.0 Lakhs to ₹8.8 Lakhs per year
AXA Business Services Operations Associate Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
Edelweiss Life Insurance Operations Associate Salary - ₹2.4 Lakhs to ₹5.5 Lakhs per year
SBI General Insurance Operations Associate Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Health Insurance Co Operations Associate Salary - ₹2.5 Lakhs to ₹3.9 Lakhs per year

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

The estimated take-home salary of a Operations Associate at Kotak Mahindra General Insurance ranges between ₹13,765 per month to ₹15,226 per month in India. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Operations Associate salary in India which ranges between ₹1.8 Lakhs to ₹2.3 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

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Kotak Mahindra General Insurance Operations Associate Salaries

Kotak Mahindra General Insurance Operations Associate salary in India ranges between ₹1.8 Lakh to ₹2.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

Kotak Mahindra General Insurance Operations Associate salaries in India

Companies similar to Kotak Mahindra General Insurance for Operations Associate

Latest annual salaries shared by Kotak Mahindra General Insurance Operations Associate

Experience wise Kotak Mahindra General Insurance Operations Associate salaries

Similar Designation salaries in Kotak Mahindra General Insurance

Salary related reviews for Kotak Mahindra General Insurance

Chief Manager in Mumbai

Assistant Manager in Mumbai

Relationship Manager in Raipur

Deputy Manager Grade 2 in Panipat

Assistant Manager in IT Park Infinite Dindhosi Malad East

Kotak Mahindra General Insurance Operations Associate Salary FAQs

Tell us how to improve this page.