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

1 - 11 years exp.

₹2.2 Lakhs - ₹5.4 Lakhs

Salary of majority employees

58% less than the average Operations Manager Salary in Insurance Companies for 1 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations Operations Manager Salary 1 - 9 years exp. (3 salaries)	₹2.2 L/yr - ₹5.4 L/yr
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Finance & Accounting Operations Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹5.5 L/yr

Last Updated: 2 Jul 2024

Companies similar to Kotak Mahindra General Insurance for Operations Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Operations Manager Salary 2 - 11 years exp. (289 salaries)	₹1.8 L/yr - ₹9 L/yr 1% more	1 job opening
HDFC Ergo General Insurance Operations Manager Salary 6 - 14 years exp. (19 salaries)	₹2.3 L/yr - ₹9.6 L/yr 14% more
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Bajaj Allianz General Insurance Operations Manager Salary 0 - 14 years exp. (13 salaries)	₹1.5 L/yr - ₹7 L/yr 19% more
Reliance General Insurance Operations Manager Salary 3 - 16 years exp. (48 salaries)	₹2.4 L/yr - ₹9 L/yr 8% more
Tata AIG Operations Manager Salary 3 - 13 years exp. (30 salaries)	₹3.3 L/yr - ₹10 L/yr 25% more
SBI General Insurance Operations Manager Salary 2 - 16 years exp. (5 salaries)	₹3.8 L/yr - ₹6.3 L/yr 2% more
Future Generali India Life Insurance Operations Manager Salary 6 - 17 years exp. (5 salaries)	₹3.9 L/yr - ₹13.6 L/yr 84% more
ICICI Prudential Life Insurance Operations Manager Salary 1 - 15 years exp. (45 salaries)	₹2.2 L/yr - ₹9 L/yr 3% more
Kotak Mahindara Life Insurance Operations Manager Salary 1 - 13 years exp. (39 salaries)	₹2.7 L/yr - ₹8.5 L/yr 4% more
HDFC Life Operations Manager Salary 1 - 17 years exp. (38 salaries)	₹1.5 L/yr - ₹10.4 L/yr 26% more
AXA Business Services Operations Manager Salary 9 - 20 years exp. (29 salaries)	₹11 L/yr - ₹23 L/yr 268% more
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Medi Assist India Operations Manager Salary 7 - 18 years exp. (29 salaries)	₹6 L/yr - ₹10.7 L/yr 82% more
MetLife Operations Manager Salary 7 - 19 years exp. (22 salaries)	₹16 L/yr - ₹30.4 L/yr 381% more
Cholamandalam MS General Insurance Operations Manager Salary 0 - 5 years exp. (14 salaries)	₹1 L/yr - ₹9 L/yr 8% less
Aditya Birla Health Insurance Co Operations Manager Salary 2 - 14 years exp. (13 salaries)	₹3.4 L/yr - ₹10.6 L/yr 36% more
Principal Global Services Operations Manager Salary 12 - 17 years exp. (11 salaries)	₹15 L/yr - ₹27 L/yr 385% more
Pramerica Life Insurance Operations Manager Salary 3 - 18 years exp. (11 salaries)	₹6 L/yr - ₹12 L/yr 108% more
Edelweiss Life Insurance Operations Manager Salary 2 - 8 years exp. (8 salaries)	₹2.6 L/yr - ₹6.5 L/yr 16% more
IndiaFirst Life Insurance Operations Manager Salary 8 - 16 years exp. (6 salaries)	₹6 L/yr - ₹11.6 L/yr 95% more
Shriram General Insurance Operations Manager Salary 10 - 13 years exp. (6 salaries)	₹4.2 L/yr - ₹6.4 L/yr 17% more

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Operations Manager salary at Kotak Mahindra General Insurance ranges between ₹2.2 Lakhs to ₹5.4 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Operations Manager salaries

Last Updated: 2 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹7.8 L/yr
2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹7.9 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
9 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.4 L/yr
10 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.1 L/yr
11 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.1 L/yr

View all

Similar Designation salaries in Kotak Mahindra General Insurance

Relationship Manager Salary

(34 salaries)

₹2.35 L/yr - ₹5.31 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹5.8 L/yr - ₹7.4 L/yr

Team Manager Salary

(6 salaries)

₹5.1 L/yr - ₹8.08 L/yr

Branch Manager Salary

(6 salaries)

₹6.5 L/yr - ₹8.3 L/yr

Area Manager Salary

(5 salaries)

₹10.3 L/yr - ₹17 L/yr

Deputy Manager Salary

(203 salaries)

₹2.95 L/yr - ₹7.12 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Operations Executive Salary

(6 salaries)

₹2.6 L/yr - ₹4 L/yr

Cluster Manager Salary

(4 salaries)

₹5.3 L/yr - ₹7.7 L/yr

Team Lead Salary

(25 salaries)

₹3.7 L/yr - ₹6.48 L/yr

Salary related reviews for Kotak Mahindra General Insurance

5.0

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

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

see more salary related reviews

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Kotak Mahindra General Insurance Operations Manager Salary FAQs

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

Operations Manager salary at Kotak Mahindra General Insurance in India ranges between ₹2.2 Lakhs to ₹5.4 Lakhs for experience between 1 years to 11 years. According to our estimates it is 58% less than the average Operations Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra General Insurance India.

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

The average salary of a Operations Manager at Kotak Mahindra General Insurance is 58% less than the average salary of a Operations Manager in India. To know exact salary insights, login to view.

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

Principal Global Services Operations Manager Salary - ₹15.0 Lakhs to ₹27.0 Lakhs per year
MetLife Operations Manager Salary - ₹16.0 Lakhs to ₹30.4 Lakhs per year
AXA Business Services Operations Manager Salary - ₹11.0 Lakhs to ₹23.0 Lakhs per year
Digit Insurance Operations Manager Salary - ₹3.5 Lakhs to ₹22.0 Lakhs per year
Pramerica Life Insurance Operations Manager Salary - ₹6.0 Lakhs to ₹12.0 Lakhs per year

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

Aviva Life Insurance India Operations Manager Salary - ₹5.0 Lakhs to ₹9.5 Lakhs per year
IndiaFirst Life Insurance Operations Manager Salary - ₹6.0 Lakhs to ₹11.6 Lakhs per year
Future Generali India Life Insurance Operations Manager Salary - ₹3.9 Lakhs to ₹13.6 Lakhs per year
Medi Assist India Operations Manager Salary - ₹6.0 Lakhs to ₹10.7 Lakhs per year
ManipalCigna Health Insurance Operations Manager Salary - ₹4.8 Lakhs to ₹7.7 Lakhs per year

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

The estimated take-home salary of a Operations Manager at Kotak Mahindra General Insurance ranges between ₹33,678 per month to ₹34,938 per month in India. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Operations Manager salary in India which ranges between ₹2.2 Lakhs to ₹5.4 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?

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

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

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Kotak Mahindra General Insurance Operations Manager Salaries

Kotak Mahindra General Insurance Operations Manager salary in India ranges between ₹2.2 Lakhs to ₹5.4 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.