Kotak Mahindra General Insurance Zonal Head Salaries by 4 Employees

15 - 20 years exp.

₹22 Lakhs - ₹65 Lakhs

Salary of majority employees

39% more than the average Zonal Head Salary in Insurance Companies for 15 - 20 years of experience

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Salaries in different departments

Sales & Business Development Zonal Head Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹22 L/yr - ₹24 L/yr
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BFSI, Investments & Trading Zonal Head Salary 20 years exp. (AmbitionBox Estimate)	₹30.6 L/yr - ₹37.4 L/yr

Last Updated: 8 Nov 2024

Companies similar to Kotak Mahindra General Insurance for Zonal Head

Company name	Avg Annual Salary	Open Jobs
HDFC Life Zonal Head Salary 15 - 20 years exp. (10 salaries)	₹14.3 L/yr - ₹43 L/yr 13% less
Bharti AXA Life Insurance Zonal Head Salary 14 - 22 years exp. (8 salaries)	₹19 L/yr - ₹41 L/yr 23% less
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ICICI Prudential Life Insurance Zonal Head Salary 11 - 19 years exp. (7 salaries)	₹17 L/yr - ₹43 L/yr 21% less
Edelweiss Life Insurance Zonal Head Salary 16 - 27 years exp. (7 salaries)	₹24 L/yr - ₹45 L/yr 2% less
ICICI Lombard General Insurance Company Zonal Head Salary 27 - 33 years exp. (5 salaries)	₹23.4 L/yr - ₹33 L/yr 26% less
Maruti Suzuki Insurance Broking Zonal Head Salary 15 - 19 years exp. (5 salaries)	₹22.1 L/yr - ₹33.3 L/yr 24% less
HDFC Ergo General Insurance Zonal Head Salary 14 - 18 years exp. (4 salaries)	₹9.5 L/yr - ₹27.5 L/yr 39% less
Future Generali India Life Insurance Zonal Head Salary 12 - 20 years exp. (4 salaries)	₹13 L/yr - ₹38.7 L/yr 39% less
Kotak Mahindara Life Insurance Zonal Head Salary 10 - 23 years exp. (4 salaries)	₹15.5 L/yr - ₹20 L/yr 52% less
Smc Insurance Brokers Zonal Head Salary 7 - 10 years exp. (3 salaries)	₹10.5 L/yr - ₹14 L/yr 66% less
Aditya Birla Health Insurance Co Zonal Head Salary 20 - 22 years exp. (3 salaries)	₹49.4 L/yr - ₹54.6 L/yr 43% more
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Zonal Head salary at Kotak Mahindra General Insurance ranges between ₹22 Lakhs to ₹65 Lakhs per year for employees with experience between 15 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra General Insurance.

Experience wise Kotak Mahindra General Insurance Zonal Head salaries

Last Updated: 8 Nov 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹22 L/yr - ₹65 L/yr
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Similar Designation salaries in Kotak Mahindra General Insurance

Regional Head Salary

(4 salaries)

₹20.6 L/yr - ₹34.5 L/yr

State Head Salary

(5 salaries)

₹4 L/yr - ₹9.21 L/yr

Zonal Manager Salary

(4 salaries)

₹9.5 L/yr - ₹21.3 L/yr

Regional Manager Salary

(4 salaries)

₹14.5 L/yr - ₹30 L/yr

Zonal Sales Manager Salary

(3 salaries)

₹13 L/yr - ₹22.7 L/yr

Sales Manager Salary

(7 salaries)

₹4.25 L/yr - ₹6.5 L/yr

Deputy Manager Salary

(232 salaries)

₹2.95 L/yr - ₹7.12 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Area Sales Manager Salary

(7 salaries)

₹5 L/yr - ₹17.3 L/yr

Deputy General Manager Salary

(4 salaries)

₹4.5 L/yr - ₹5.3 L/yr

Top skills at Kotak Mahindra General Insurance for Zonal Head

agency development

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.

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

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.

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.

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.

Salary - Bad

+6 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Kotak Mahindra General Insurance Zonal Head Salary FAQs

What is the salary of Zonal Head at Kotak Mahindra General Insurance ?

The average salary of a Zonal Head at Kotak Mahindra General Insurance in India typically ranges from ₹22.0 Lakhs to ₹65.0 Lakhs per year, depending on experience (from 15 years to 20 years).

The top 10% of Zonal Head at Kotak Mahindra General Insurance earn more than ₹65.0 Lakhs per year, and the top 1% earn over ₹65.0 Lakhs per year. Zonal Head Salaries at Kotak Mahindra General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Kotak Mahindra General Insurance employees in India.

What is the estimated take home salary of a Zonal Head at Kotak Mahindra General Insurance in India?

The estimated take-home salary of a Zonal Head at Kotak Mahindra General Insurance in India typically ranges from ₹2,18,391 to ₹2,27,129 per month. This is based on the average salary range of ₹22.0 Lakhs to ₹65.0 Lakhs per year for employees with experience ranging from 15 years to 20 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Kotak Mahindra General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Zonal Head at Kotak Mahindra General Insurance ?

agency development is a popular skill required to work as a Zonal Head at Kotak Mahindra General Insurance.

Which companies offer higher salaries than Kotak Mahindra General Insurance for Zonal Head in India?

Aditya Birla Health Insurance Co

₹49.4 Lakhs to ₹54.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra General Insurance, depending on the role and experience level.

What is the salary of a Zonal Head in companies similar to Kotak Mahindra General Insurance in India?

The salary of a Zonal Head at companies similar to Kotak Mahindra General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Edelweiss Life Insurance	₹24.0 Lakhs to ₹45.0 Lakhs per year
HDFC Life	₹14.3 Lakhs to ₹43.0 Lakhs per year
ICICI Prudential Life Insurance	₹17.0 Lakhs to ₹43.0 Lakhs per year
Bharti AXA Life Insurance	₹19.0 Lakhs to ₹41.0 Lakhs per year
Maruti Suzuki Insurance Broking	₹22.1 Lakhs to ₹33.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Zonal Head at Kotak Mahindra General Insurance in India?

The salary growth for a Zonal Head at Kotak Mahindra General Insurance depends on factors such as experience, performance, and promotions. On average, a Zonal Head can expect the following growth trajectory at Kotak Mahindra General Insurance:

Experience	Average Salary Range
15 years	₹22.0 Lakhs to ₹65.0 Lakhs per year

and so on.

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Kotak Mahindra General Insurance Zonal Head Salaries

Kotak Mahindra General Insurance Zonal Head salary in India ranges between ₹22 Lakhs to ₹65 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.