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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 210 Reviews

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Kotak Mahindra General Insurance Product Manager salaries in Mumbai

Annual salary range
4 - 8 years exp.
₹7.2 Lakhs - ₹21 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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35% less than the average Product Manager Salary in Insurance Companies for 4 - 8 years of experience

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Last Updated: 30 Dec 2024

Companies similar to Kotak Mahindra General Insurance for Product Manager in Mumbai

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Kotak Mahindra General Insurance Product Manager Salary

4 - 8 years exp. (3 salaries)
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₹7.2 L/yr - ₹21 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Lombard General Insurance Company Product Manager Salary

0 - 6 years exp. (204 salaries)
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₹6 L/yr - ₹22.2 L/yr

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HDFC Ergo General Insurance Product Manager Salary

0 - 3 years exp. (19 salaries)
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₹13 L/yr - ₹19 L/yr

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Reliance General Insurance Product Manager Salary

2 - 7 years exp. (6 salaries)
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₹7.7 L/yr - ₹14.6 L/yr

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Tata AIG Product Manager Salary

0 - 6 years exp. (40 salaries)
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₹6.7 L/yr - ₹22 L/yr

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HDFC Life Product Manager Salary

2 - 9 years exp. (60 salaries)
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₹7.5 L/yr - ₹20 L/yr

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ICICI Prudential Life Insurance Product Manager Salary

0 - 4 years exp. (30 salaries)
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₹6.3 L/yr - ₹21 L/yr

arrow icon 13% more
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Kotak Mahindara Life Insurance Product Manager Salary

1 - 7 years exp. (22 salaries)
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₹11.1 L/yr - ₹27.2 L/yr

arrow icon 15% more
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Aditya Birla Health Insurance Co Product Manager Salary

2 - 9 years exp. (6 salaries)
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₹9 L/yr - ₹25.5 L/yr

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Marsh India Insurance Brokers Product Manager Salary

3 - 5 years exp. (3 salaries)
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₹17 L/yr - ₹18 L/yr

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Product Manager salary at Kotak Mahindra General Insurance ranges between ₹7.2 Lakhs to ₹21 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra General Insurance.

Latest annual salaries shared by Kotak Mahindra General Insurance Product Manager in Mumbai

2w ago
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8 years exp.
1y ago
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8 years exp.
1y ago
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4 years exp.

Experience wise Kotak Mahindra General Insurance Product Manager salaries in Mumbai

Last Updated: 30 Dec 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.8 L/yr
8 years (AmbitionBox Estimate)

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₹12.7 L/yr - ₹16.2 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Deputy Manager Salary
(66 salaries)
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₹3 L/yr - ₹7.12 L/yr
Assistant Vice President Salary
(3 salaries)
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₹22.5 L/yr - ₹28 L/yr
Senior Product Manager Salary
(3 salaries)
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₹11.9 L/yr - ₹15 L/yr

Top skills at Kotak Mahindra General Insurance for Product Manager

Product Management Product Development General Insurance Insurance Analytical skills LI Motor Insurance

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

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

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

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.

read 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

Dislikes

Company totally working offline policy issuance All sales manager depends on ops team for policy issuance and ops team attitude is very high

read more

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 Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?
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Kotak Mahindra General Insurance Product Manager Salary FAQs

What is the notice period for Product Manager at Kotak Mahindra General Insurance in Mumbai?
According to AmbitionBox, 100% of the Kotak Mahindra General Insurance Product Managers in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Product Manager salary in Mumbai ranges between ₹7.2 Lakhs to ₹21 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.