Kotak Mahindra General Insurance Senior Development Manager Salaries by Employees (Updated 2025)

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₹5.4 Lakhs - ₹6.9 Lakhs

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Last Updated: 6 Jul 2024

Companies similar to Kotak Mahindra General Insurance for Senior Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Senior Development Manager Salary 0 - 8 years exp. (79 salaries)	₹3.5 L/yr - ₹4.6 L/yr 35% less
SBI General Insurance Senior Development Manager Salary 4 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹5.5 L/yr 22% less
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Edelweiss Life Insurance Senior Development Manager Salary 0 - 16 years exp. (49 salaries)	₹2.8 L/yr - ₹5 L/yr 43% less
HDFC Life Senior Development Manager Salary 0 - 8 years exp. (13 salaries)	₹2 L/yr - ₹4.3 L/yr 54% less
ICICI Prudential Life Insurance Senior Development Manager Salary 1 - 9 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr 27% less
Kotak Mahindara Life Insurance Senior Development Manager Salary 4 - 14 years exp. (3 salaries)	₹3.3 L/yr - ₹5.1 L/yr 30% less

Senior Development Manager salary at Kotak Mahindra General Insurance ranges between ₹5.4 Lakhs to ₹6.9 Lakhs per year for employees with 6 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Kotak Mahindra General Insurance.

Similar Designation salaries in Kotak Mahindra General Insurance

Project Manager Salary

(AmbitionBox Estimate)

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Product Manager Salary

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₹7.2 L/yr - ₹21 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Assistant Vice President Salary

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₹22.5 L/yr - ₹30.8 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

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.

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

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.

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

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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a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Kotak Mahindra General Insurance Senior Development Manager Salary FAQs

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

According to AmbitionBox, 100% of the Kotak Mahindra General Insurance Senior Development Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Senior Development Manager Salaries

Kotak Mahindra General Insurance Senior Development Manager salary in India ranges between ₹5.4 Lakhs to ₹6.9 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra General Insurance.