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3.8

based on 210 Reviews

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Kotak Mahindra General Insurance Senior Manager salaries in Mumbai

Annual salary range
6 - 16 years exp.
₹6.7 Lakhs - ₹13 Lakhs
Salary of majority employees
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54% less than the average Senior Manager Salary in Insurance Companies for 6 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Manager Salary
7 - 12 years exp. (4 salaries)
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₹6.7 L/yr - ₹10 L/yr

Finance & Accounting
Senior Manager Salary
8 - 15 years exp. (3 salaries)
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₹8 L/yr - ₹11.2 L/yr

IT & Information Security
Senior Manager Salary
6 - 10 years exp. (3 salaries)
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₹9.7 L/yr - ₹12.5 L/yr

Sales & Business Development
Senior Manager Salary
12 - 13 years exp. (AmbitionBox Estimate)
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₹6.9 L/yr - ₹13 L/yr

Legal & Regulatory
Senior Manager Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹9.8 L/yr - ₹11 L/yr

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Last Updated: 7 Nov 2024

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

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Kotak Mahindra General Insurance Senior Manager Salary

6 - 16 years exp. (22 salaries)

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₹6.7 L/yr - ₹13 L/yr

vs
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₹4.5 L/yr - ₹15 L/yr

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1 job opening
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₹7 L/yr - ₹25 L/yr

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Tata AIG Senior Manager Salary

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SBI General Insurance Senior Manager Salary

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₹6.5 L/yr - ₹22 L/yr

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₹8.1 L/yr - ₹28 L/yr

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HDFC Life Senior Manager Salary

2 - 18 years exp. (337 salaries)

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₹7 L/yr - ₹26 L/yr

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2 job openings
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₹9.9 L/yr - ₹28.9 L/yr

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₹11.5 L/yr - ₹24.5 L/yr

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Bharti AXA Life Insurance Senior Manager Salary

7 - 17 years exp. (23 salaries)

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₹9 L/yr - ₹22.3 L/yr

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₹9.4 L/yr - ₹16.2 L/yr

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Medi Assist India Senior Manager Salary

10 - 18 years exp. (16 salaries)

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₹7 L/yr - ₹17 L/yr

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Digit Insurance Senior Manager Salary

5 - 14 years exp. (8 salaries)

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₹16 L/yr - ₹28 L/yr

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₹3.5 L/yr - ₹13.3 L/yr

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Care Health Insurance Senior Manager Salary

8 - 13 years exp. (3 salaries)

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₹4.9 L/yr - ₹6.5 L/yr

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Senior Manager salary at Kotak Mahindra General Insurance ranges between ₹6.7 Lakhs to ₹13 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 22 latest salaries received from various employees of Kotak Mahindra General Insurance.

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

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15 years exp.
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Experience wise Kotak Mahindra General Insurance Senior Manager salaries in Mumbai

Last Updated: 7 Nov 2024

Experience Avg Annual Salary
6 years  (3 salaries)

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₹10 L/yr - ₹11 L/yr
7 years  (3 salaries)

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₹6.7 L/yr - ₹11 L/yr
8 years  (4 salaries)

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₹6.7 L/yr - ₹18.3 L/yr
9 years (AmbitionBox Estimate)

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₹9.7 L/yr - ₹18.1 L/yr
10 years  (3 salaries)

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₹6.8 L/yr - ₹12.5 L/yr
View all

Similar Designation salaries in Kotak Mahindra General Insurance

Deputy Manager Salary
(66 salaries)
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₹3 L/yr - ₹7.12 L/yr
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₹2.35 L/yr - ₹4.25 L/yr

Top skills at Kotak Mahindra General Insurance for Senior Manager

Senior Management Portfolio Management NAV NAV Calculation Trade Settlements

Salary related reviews for Kotak Mahindra General Insurance

3.0

Rated by 1 employees for salary & benefits

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.

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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

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Dislikes

Lack of knowledge system is very poor to handle it feels like i m working in government

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.

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Full Time

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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

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Full Time

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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.

read more
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Kotak Mahindra General Insurance Senior Manager Salary FAQs

What is the salary of Senior Manager at Kotak Mahindra General Insurance Mumbai?
Senior Manager salary at Kotak Mahindra General Insurance in Mumbai ranges between ₹6.7 Lakhs to ₹13.0 Lakhs for experience between 6 years to 16 years. According to our estimates it is 54% less than the average Senior Manager Salary in India. Salary estimates are based on 22 latest salaries received from various employees of Kotak Mahindra General Insurance Mumbai.
How does the salary of a Senior Manager at Kotak Mahindra General Insurance Mumbai compare with the average salary range for this job?
The average salary of a Senior Manager at Kotak Mahindra General Insurance is 54% less than the average salary of a Senior Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Senior Manager at Kotak Mahindra General Insurance?
Senior Management, Portfolio Management, NAV, NAV Calculation and Trade Settlements are some of the popular skills required to work as a Senior Manager at Kotak Mahindra General Insurance Mumbai.
Which similar companies are paying more than Kotak Mahindra General Insurance to a Senior Manager in Mumbai?
  • Digit Insurance Senior Manager Salary - ₹16.0 Lakhs to ₹28.0 Lakhs per year
  • Future Generali India Life Insurance Senior Manager Salary - ₹8.1 Lakhs to ₹28.0 Lakhs per year
  • Marsh India Insurance Brokers Senior Manager Salary - ₹11.5 Lakhs to ₹24.5 Lakhs per year
  • ICICI Prudential Life Insurance Senior Manager Salary - ₹9.9 Lakhs to ₹28.9 Lakhs per year
  • HDFC Life Senior Manager Salary - ₹7.0 Lakhs to ₹26.0 Lakhs per year
What is the salary of a Senior Manager in companies similar to Kotak Mahindra General Insurance in Mumbai?
  • HDFC Ergo General Insurance Senior Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
  • Bharti AXA Life Insurance Senior Manager Salary - ₹9.0 Lakhs to ₹22.3 Lakhs per year
  • Medi Assist India Senior Manager Salary - ₹7.0 Lakhs to ₹17.0 Lakhs per year
  • SBI General Insurance Senior Manager Salary - ₹6.5 Lakhs to ₹22.0 Lakhs per year
  • Aditya Birla Insurance Brokers Senior Manager Salary - ₹9.4 Lakhs to ₹16.2 Lakhs per year
What is the estimated take home salary of a Senior Manager at Kotak Mahindra General Insurance in Mumbai?
The estimated take-home salary of a Senior Manager at Kotak Mahindra General Insurance ranges between ₹70,417 per month to ₹72,229 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Senior Manager salary in India which ranges between ₹6.7 Lakhs to ₹13.0 Lakhs per year for employees with experience between 6 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Senior Manager at Kotak Mahindra General Insurance in Mumbai?
According to AmbitionBox, 86% of the Kotak Mahindra General Insurance Senior Managers in Mumbai reported a notice period of 3 Months, 14% reported a notice period of 1 Month.This is based on 14 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra General Insurance Senior Manager salary in Mumbai ranges between ₹6.7 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 22 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.