Kotak Mahindra General Insurance Regional Head Salaries by 4 Employees

14 - 18 years exp.

₹20.6 Lakhs - ₹34.5 Lakhs

Salary of majority employees

22% more than the average Regional Head Salary in Insurance Companies for 14 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Regional Head Salary 14 - 16 years exp. (3 salaries)	₹20.6 L/yr - ₹30 L/yr
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Sales & Business Development Regional Head Salary 18 years exp. (AmbitionBox Estimate)	₹31.1 L/yr - ₹38 L/yr

Last Updated: 20 Nov 2024

Companies similar to Kotak Mahindra General Insurance for Regional Head

Company name	Avg Annual Salary	Open Jobs
HDFC Life Regional Head Salary 17 - 21 years exp. (33 salaries)	₹16 L/yr - ₹35 L/yr 9% less
Future Generali India Life Insurance Regional Head Salary 16 - 24 years exp. (14 salaries)	₹19 L/yr - ₹35 L/yr 9% less
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Bharti AXA Life Insurance Regional Head Salary 17 - 25 years exp. (11 salaries)	₹23 L/yr - ₹32.4 L/yr 4% less
Edelweiss Life Insurance Regional Head Salary 16 - 32 years exp. (10 salaries)	₹13.5 L/yr - ₹28 L/yr 28% less
Aditya Birla Insurance Brokers Regional Head Salary 2 - 21 years exp. (10 salaries)	₹7.2 L/yr - ₹14 L/yr 62% less
Aditya Birla Health Insurance Co Regional Head Salary 16 - 22 years exp. (8 salaries)	₹18 L/yr - ₹29.1 L/yr 14% less
Cholamandalam MS General Insurance Regional Head Salary 14 - 25 years exp. (7 salaries)	₹13 L/yr - ₹29.9 L/yr 32% less
ICICI Prudential Life Insurance Regional Head Salary 19 - 24 years exp. (5 salaries)	₹21 L/yr - ₹30 L/yr 24% less
HDFC Ergo General Insurance Regional Head Salary 8 - 18 years exp. (5 salaries)	₹12 L/yr - ₹21 L/yr 45% less
ICICI Lombard General Insurance Company Regional Head Salary 11 - 15 years exp. (4 salaries)	₹14 L/yr - ₹25.8 L/yr 29% less
Docland Regional Head Salary 19 - 29 years exp. (4 salaries)	₹6 L/yr - ₹7 L/yr 77% less
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Kotak Mahindara Life Insurance Regional Head Salary 17 - 20 years exp. (4 salaries)	₹23 L/yr - ₹26.5 L/yr 21% less
IndiaFirst Life Insurance Regional Head Salary 16 - 24 years exp. (3 salaries)	₹17 L/yr - ₹32 L/yr 12% less

Regional Head salary at Kotak Mahindra General Insurance ranges between ₹20.6 Lakhs to ₹34.5 Lakhs per year for employees with experience between 14 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Regional Head salaries

Last Updated: 20 Nov 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹22.8 L/yr - ₹29.1 L/yr
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15+ years (3 salaries)	₹20.6 L/yr - ₹34.5 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Regional Manager Salary

(4 salaries)

₹14.5 L/yr - ₹30 L/yr

State Head Salary

(5 salaries)

₹4 L/yr - ₹9.21 L/yr

Zonal Manager Salary

(4 salaries)

₹9.5 L/yr - ₹21.3 L/yr

Area Manager Salary

(5 salaries)

₹10.3 L/yr - ₹17 L/yr

Deputy Manager Salary

(232 salaries)

₹2.95 L/yr - ₹7.12 L/yr

Sales Manager Salary

(7 salaries)

₹4.25 L/yr - ₹6.5 L/yr

Branch Manager Salary

(6 salaries)

₹6.5 L/yr - ₹8.3 L/yr

Relationship Manager Salary

(34 salaries)

₹2.35 L/yr - ₹5.31 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Area Sales Manager Salary

(7 salaries)

₹5 L/yr - ₹17.3 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

Business Relationship Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Mar 2025

3.0

for Salary and Benefits

Likes

If a person spent 1 year here that employee can gather huge knoledge about general insurance..the training procedure is really awsome.

Skill development - Excellent

+2 more

Dislikes

Work life balance and the supervisor behaviour is too much pathetic.

Promotions - Poor

+2 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

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.

Salary - Bad

+6 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Kotak Mahindra General Insurance Regional Head Salary FAQs

What is the salary of Regional Head at Kotak Mahindra General Insurance ?

The average salary of a Regional Head at Kotak Mahindra General Insurance in India typically ranges from ₹20.6 Lakhs to ₹34.5 Lakhs per year, depending on experience (from 14 years to 18 years).

The top 10% of Regional Head at Kotak Mahindra General Insurance earn more than ₹34.5 Lakhs per year, and the top 1% earn over ₹34.5 Lakhs per year. Regional Head Salaries at Kotak Mahindra General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Kotak Mahindra General Insurance employees in India.

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

The estimated take-home salary of a Regional Head at Kotak Mahindra General Insurance in India typically ranges from ₹1,81,154 to ₹1,88,208 per month. This is based on the average salary range of ₹20.6 Lakhs to ₹34.5 Lakhs per year for employees with experience ranging from 14 years to 18 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Kotak Mahindra General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a Regional Head at companies similar to Kotak Mahindra General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bharti AXA Life Insurance	₹23.0 Lakhs to ₹32.4 Lakhs per year
HDFC Life	₹16.0 Lakhs to ₹35.0 Lakhs per year
Future Generali India Life Insurance	₹19.0 Lakhs to ₹35.0 Lakhs per year
IndiaFirst Life Insurance	₹17.0 Lakhs to ₹32.0 Lakhs per year
Aditya Birla Health Insurance Co	₹18.0 Lakhs to ₹29.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Regional Head at Kotak Mahindra General Insurance in India?

The salary growth for a Regional Head at Kotak Mahindra General Insurance depends on factors such as experience, performance, and promotions. On average, a Regional Head can expect the following growth trajectory at Kotak Mahindra General Insurance:

Experience	Average Salary Range
14 years	₹22.8 Lakhs to ₹29.1 Lakhs per year
15 years	₹20.6 Lakhs to ₹34.5 Lakhs per year

and so on.

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Kotak Mahindra General Insurance Regional Head Salaries

Kotak Mahindra General Insurance Regional Head salary in India ranges between ₹20.6 Lakhs to ₹34.5 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.