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3.7

based on 224 Reviews

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Kotak Mahindra General Insurance Senior Product Manager salaries in India (Updated 2025)

Annual salary range
6 - 7 years exp.
₹11.9 Lakhs - ₹15 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.
Avg. annual salary
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Monthly In-hand Salary

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63% less than the average Senior Product Manager Salary in Insurance Companies for 6 - 7 years of experience

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Last Updated: 3 Jan 2025

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Senior Product Manager salary at Kotak Mahindra General Insurance ranges between ₹11.9 Lakhs to ₹15 Lakhs per year for employees with experience between 6 years to 7 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 Senior Product Manager

3d ago
₹15 Lakhs
7 years exp.
11mo ago
₹12.7 Lakhs
6 years exp.
1y ago
₹11.9 Lakhs
6 years exp.

Experience wise Kotak Mahindra General Insurance Senior Product Manager salaries

Last Updated: 3 Jan 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹11 L/yr - ₹14.1 L/yr
7 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.2 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Product Manager Salary
(3 salaries)
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₹7.2 L/yr - ₹21 L/yr
Project Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
Deputy Manager Salary
(216 salaries)
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₹2.95 L/yr - ₹7 L/yr
Business Analyst Salary
(6 salaries)
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₹4 L/yr - ₹6.05 L/yr
Assistant Vice President Salary
(5 salaries)
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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

  • 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.

read more
  • 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

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • Salary - Bad
    • +6 more
see more salary related reviews

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New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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Kotak Mahindra General Insurance Senior Product Manager Salary FAQs

How the salary growth look like for a Senior Product Manager at Kotak Mahindra General Insurance in India?
The salary growth for a Senior Product Manager at Kotak Mahindra General Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Product Manager can expect the following growth trajectory at Kotak Mahindra General Insurance:

Experience Average Salary Range
6 years ₹11.0 Lakhs to ₹14.1 Lakhs per year
7 years ₹13.5 Lakhs to ₹17.2 Lakhs per year
and so on.

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Kotak Mahindra General Insurance Senior Product Manager salary in India ranges between ₹11.9 Lakhs to ₹15 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.