Kotak Mahindra General Insurance Mumbai Team Lead Salaries by 4 Employees (Updated 2024)

3 - 9 years exp.

₹4.2 Lakhs - ₹6.1 Lakhs

Salary of majority employees

40% less than the average Team Lead Salary in Insurance Companies for 3 - 9 years of experience

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Salaries in different departments

Sales & Business Development Team Lead Salary 3 - 6 years exp. (3 salaries)	₹4.2 L/yr - ₹4.9 L/yr
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BFSI, Investments & Trading Team Lead Salary 9 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.1 L/yr

Last Updated: 26 Dec 2023

Companies similar to Kotak Mahindra General Insurance for Team Lead in Mumbai

Kotak Mahindra General Insurance Team Lead Salary

3 - 9 years exp. (4 salaries)

₹4.2 L/yr - ₹6.1 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Team Lead Salary 1 - 11 years exp. (36 salaries)	₹1.1 L/yr - ₹8.2 L/yr 29% less
HDFC Ergo General Insurance Team Lead Salary 2 - 11 years exp. (20 salaries)	₹2.9 L/yr - ₹5 L/yr 8% less
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Bajaj Allianz General Insurance Team Lead Salary 3 - 11 years exp. (8 salaries)	₹2.1 L/yr - ₹8.5 L/yr 13% less
SBI General Insurance Team Lead Salary 2 - 11 years exp. (15 salaries)	₹2.8 L/yr - ₹5 L/yr 27% less
Future Generali India Life Insurance Team Lead Salary 3 - 15 years exp. (9 salaries)	₹3 L/yr - ₹8.5 L/yr At par
Medi Assist India Team Lead Salary 3 - 12 years exp. (55 salaries)	₹2.7 L/yr - ₹6.5 L/yr 3% less
Kotak Mahindara Life Insurance Team Lead Salary 1 - 8 years exp. (7 salaries)	₹2.4 L/yr - ₹6 L/yr 21% less
Bharti AXA Life Insurance Team Lead Salary 4 - 9 years exp. (6 salaries)	₹2.5 L/yr - ₹7.3 L/yr 21% less
HDFC Life Team Lead Salary 7 - 8 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 12% less
Care Health Insurance Team Lead Salary 6 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 6% more
ICICI Prudential Life Insurance Team Lead Salary 1 - 6 years exp. (3 salaries)	₹2.8 L/yr - ₹8.8 L/yr 12% less
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Aditya Birla Health Insurance Co Team Lead Salary 2 - 5 years exp. (3 salaries)	₹4 L/yr - ₹6.5 L/yr 5% less
ManipalCigna Health Insurance Team Lead Salary 5 - 10 years exp. (3 salaries)	₹4.9 L/yr - ₹5.3 L/yr 4% less

Team Lead salary at Kotak Mahindra General Insurance ranges between ₹4.2 Lakhs to ₹6.1 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Team Lead salaries in Mumbai

Last Updated: 26 Dec 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹8.8 L/yr
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
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5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹9.2 L/yr
6 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹9.4 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
8 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
9 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.1 L/yr

View all

Similar Designation salaries in Kotak Mahindra General Insurance

Deputy Manager Salary

(82 salaries)

₹3 L/yr - ₹7.12 L/yr

Customer Service Executive Salary

(5 salaries)

₹3 L/yr - ₹5.8 L/yr

Top skills at Kotak Mahindra General Insurance for Team Lead

General Insurance Agency Sales customer care Agency Channel inbound voice process CRM Team Handling inbound Cross Selling Liaising Leadership Skills agency Team Management Service Quality Team Leading

Salary related reviews for Kotak Mahindra 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.

Sales Officer in Bhubaneswar

Other Department

4.0

• posted on 12 Oct 2019

4.0

for Salary and Benefits

Likes

I like to working about Kotak Mahindra General Insurance Co Ltd because this is the best platform about carrier buildup and have much more opportunity so i like to work in Kotak Mahindra General Insurance Co Ltd.

Dislikes

I dislike about working at Kotak Mahindra General Insurance Co Ltd is not gossiping team member each other and also not any politics

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Kotak Mahindra General Insurance Team Lead Salary FAQs

What is the salary of Team Lead at Kotak Mahindra General Insurance Mumbai?

Team Lead salary at Kotak Mahindra General Insurance in Mumbai ranges between ₹4.2 Lakhs to ₹6.1 Lakhs for experience between 3 years to 9 years. According to our estimates it is 40% less than the average Team Lead Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra General Insurance Mumbai.

How does the salary of a Team Lead at Kotak Mahindra General Insurance Mumbai compare with the average salary range for this job?

The average salary of a Team Lead at Kotak Mahindra General Insurance is 40% less than the average salary of a Team Lead in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Team Lead at Kotak Mahindra General Insurance?

General Insurance, Agency Sales, customer care, Agency Channel and inbound voice process are some of the popular skills required to work as a Team Lead at Kotak Mahindra General Insurance Mumbai.

Which similar companies are paying more than Kotak Mahindra General Insurance to a Team Lead in Mumbai?

Care Health Insurance Team Lead Salary - ₹4.5 Lakhs to ₹7.0 Lakhs per year

What is the salary of a Team Lead in companies similar to Kotak Mahindra General Insurance in Mumbai?

Future Generali India Life Insurance Team Lead Salary - ₹3.0 Lakhs to ₹8.5 Lakhs per year
Medi Assist India Team Lead Salary - ₹2.7 Lakhs to ₹6.5 Lakhs per year
ManipalCigna Health Insurance Team Lead Salary - ₹4.9 Lakhs to ₹5.3 Lakhs per year
Aditya Birla Health Insurance Co Team Lead Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year
HDFC Ergo General Insurance Team Lead Salary - ₹2.9 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Team Lead at Kotak Mahindra General Insurance in Mumbai?

The estimated take-home salary of a Team Lead at Kotak Mahindra General Insurance ranges between ₹39,735 per month to ₹40,904 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra General Insurance Team Lead salary in India which ranges between ₹4.2 Lakhs to ₹6.1 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Team Lead at Kotak Mahindra General Insurance in Mumbai?

According to AmbitionBox, 100% of the Kotak Mahindra General Insurance Team Leads in Mumbai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Kotak Mahindra General Insurance Team Lead Salaries in Mumbai

Kotak Mahindra General Insurance Team Lead salary in Mumbai ranges between ₹4.2 Lakhs to ₹6.1 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.