Kotak Mahindra General Insurance Unit Manager Salaries by 3 Employees (Updated 2025)

6 - 14 years exp.

₹3.6 Lakhs - ₹5.7 Lakhs

Low Confidence

Salary of majority employees

24% less than the average Unit Manager Salary in Insurance Companies for 6 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Unit Manager Salary 6 - 14 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
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Sales & Business Development Unit Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 26 Dec 2023

Companies similar to Kotak Mahindra General Insurance for Unit Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Unit Manager Salary 1 - 9 years exp. (110 salaries)	₹3 L/yr - ₹7 L/yr 10% more
HDFC Ergo General Insurance Unit Manager Salary 2 - 6 years exp. (6 salaries)	₹2.1 L/yr - ₹3.5 L/yr 36% less
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Reliance General Insurance Unit Manager Salary 2 - 6 years exp. (4 salaries)	₹2.3 L/yr - ₹5.5 L/yr 11% less
SBI General Insurance Unit Manager Salary 4 - 10 years exp. (7 salaries)	₹3.9 L/yr - ₹6.7 L/yr 5% more
Future Generali India Life Insurance Unit Manager Salary 7 - 13 years exp. (12 salaries)	₹3.6 L/yr - ₹6.2 L/yr 13% more
ICICI Prudential Life Insurance Unit Manager Salary 0 - 5 years exp. (548 salaries)	₹1.1 L/yr - ₹4.5 L/yr 33% less	23 job openings
MetLife Unit Manager Salary 7 - 17 years exp. (317 salaries)	₹9.5 L/yr - ₹35 L/yr 400% more	1 job opening
Aditya Birla Health Insurance Co Unit Manager Salary 0 - 6 years exp. (103 salaries)	₹2.1 L/yr - ₹3.4 L/yr 41% less
Care Health Insurance Unit Manager Salary 1 - 8 years exp. (50 salaries)	₹2 L/yr - ₹4 L/yr 37% less
Bharti AXA Life Insurance Unit Manager Salary 1 - 5 years exp. (8 salaries)	₹1.8 L/yr - ₹3.2 L/yr 47% less
HDFC Life Unit Manager Salary 1 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹3 L/yr 44% less
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Kotak Mahindara Life Insurance Unit Manager Salary 4 - 7 years exp. (4 salaries)	₹3.2 L/yr - ₹6.5 L/yr 18% more
Spectrum Insurance Distribution Unit Manager Salary 1 - 3 years exp. (4 salaries)	₹2.8 L/yr - ₹3.5 L/yr 36% less	1 job opening

Unit Manager salary at Kotak Mahindra General Insurance ranges between ₹3.6 Lakhs to ₹5.7 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Unit Manager salaries

Last Updated: 26 Dec 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
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14 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr

Similar Designation salaries in Kotak Mahindra General Insurance

Deputy Manager Salary

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Chief Manager Salary

(46 salaries)

₹8.3 L/yr - ₹18.5 L/yr

Team Lead Salary

(25 salaries)

₹3.7 L/yr - ₹6.48 L/yr

Associate Vice President Salary

(19 salaries)

₹8 L/yr - ₹26.05 L/yr

Management Trainee Salary

(12 salaries)

₹3 L/yr - ₹4 L/yr

Business Relationship Manager Salary

(10 salaries)

₹3.15 L/yr - ₹5 L/yr

MIS Executive Salary

(8 salaries)

₹1.9 L/yr - ₹3 L/yr

Customer Service Executive Salary

(7 salaries)

₹3 L/yr - ₹5.8 L/yr

Deputy Chief Manager Salary

(6 salaries)

₹13 L/yr - ₹16.9 L/yr

Team Manager Salary

(6 salaries)

₹5.1 L/yr - ₹8.08 L/yr

Top skills at Kotak Mahindra General Insurance for Unit Manager

banca sales call center

Salary related reviews for Kotak Mahindra General Insurance

4.0

Rated by 1 employees for salary & benefits

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

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

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

Salary - Good

+5 more

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

Skill development - Good

+1 more

Dislikes

Sitting arrangements is not proper and they are not doing any cultural progress and any picnic . IT service slow and management is slow.

Salary - Poor

+2 more

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Kotak Mahindra General Insurance Unit Manager Salaries by Location

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Kotak Mahindra General Insurance Unit Manager Salaries

Kotak Mahindra General Insurance Unit Manager salary in India ranges between ₹3.6 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

Kotak Mahindra General Insurance Unit Manager salaries in India

Companies similar to Kotak Mahindra General Insurance for Unit Manager

Latest annual salaries shared by Kotak Mahindra General Insurance Unit Manager

Experience wise Kotak Mahindra General Insurance Unit Manager salaries

Similar Designation salaries in Kotak Mahindra General Insurance

Top skills at Kotak Mahindra General Insurance for Unit Manager

Salary related reviews for Kotak Mahindra General Insurance

Chief Manager in Mumbai

Assistant Manager in Mumbai

Relationship Manager in Raipur

Deputy Manager Grade 2 in Panipat

Assistant Manager in IT Park Infinite Dindhosi Malad East

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Kotak Mahindra General Insurance Unit Manager Salaries by Location