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3.7

based on 216 Reviews

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Kotak Mahindra General Insurance BFSI, Investments & Trading Department Salaries in India (Updated 2025)

based on 371 latest salaries
Designation Avg Annual Salary Open Jobs

Assistant Manager Distribution

1 year exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.3 L/yr

Back Office Executive

2 years exp. (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr

Business Analyst

3 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

Area Sales Manager

12 years exp. (AmbitionBox Estimate)
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₹5.7 L/yr - ₹17.3 L/yr

Assistant Manager Claims

4 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

Quality Checker

5 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

Assistant Motor Claims Manager

3 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr

Assistant Motor Underwriting Manager

11 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr

Deputy Branch Operations Manager

12 years exp. (AmbitionBox Estimate)
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₹3.9 L/yr - ₹5 L/yr

Deputy Motor Claims Manager

8 years exp. (AmbitionBox Estimate)
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₹6.1 L/yr - ₹7.8 L/yr

Investment Head

16 years exp. (AmbitionBox Estimate)
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₹39.6 L/yr - ₹50.6 L/yr

National Channel Manager

19 years exp. (AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.8 L/yr

Operations Team Member

8 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.4 L/yr

Team Leader/Manager

13 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

Claims Processing Associate

5 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Sales Support Associate

5 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹5.2 L/yr

Branch Relationship Executive

6 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹4 L/yr

Assistant Manager Bancassurance

1 year exp. (AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.7 L/yr

Associate Assistant Manager

3 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Assistant Manager

1 - 8 years exp. (73 salaries)
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₹1.9 L/yr - ₹5 L/yr

Last Updated: 1 Mar, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
an associate vice president
Offer Accepted
I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.
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Salary related reviews for Kotak Mahindra General Insurance

3.4

Rated by 73 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.

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

Kotak Mahindra General Insurance interview questions by designations

Assistant Manager (3)Manager (2)MIS Executive (1)Salesman (1)
View all 14 interview experiences
More about working at Kotak Mahindra General Insurance

Kotak Mahindra General Insurance Salary FAQs

How much does Kotak Mahindra General Insurance pay per year?
The average Kotak Mahindra General Insurance salary ranges from approximately ₹1.8 Lakh to ₹2.3 Lakhs per year for a Operations Associate and ₹30 Lakhs to ₹43 Lakhs per year for a Vice President. Salary estimates are based on 371 Kotak Mahindra General Insurance salaries received from various employees of Kotak Mahindra General Insurance. Kotak Mahindra General Insurance employees rate the overall salary and benefits package 3.4/5 stars.
What is the highest salary in Kotak Mahindra General Insurance?
The highest-paying job at Kotak Mahindra General Insurance is a Vice President with a salary of ₹30 Lakhs to ₹43 Lakhs per year. The top 10% of employees earn more than ₹15.73 lakhs per year. The top 1% earn more than a whopping ₹40.05 lakhs per year.
What is the minimum salary in Kotak Mahindra General Insurance?
Minimum salary at Kotak Mahindra General Insurance depends on the role you are applying for. For Assistant Manager the minimum salary is ₹1.5 Lakh to ₹5 Lakhs per year, and for Branch Relationship Manager the minimum salary is ₹3 Lakhs to ₹4.7 Lakhs per year and so on.
What is the salary package for freshers in Kotak Mahindra General Insurance?
The average salary at Kotak Mahindra General Insurance for freshers varies from ₹1.5 Lakh to ₹2.8 Lakhs per year for Associate and ₹3 Lakhs to ₹3.8 Lakhs per year for Management Trainee.
What is the notice period at Kotak Mahindra General Insurance in BFSI, Investments & Trading Department?
According to AmbitionBox, 79% of the Kotak Mahindra General Insurance employees in BFSI, Investments & Trading Department reported a notice period of 3 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 220 responses on AmbitionBox in last 2 years.

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Average annual salary in BFSI, Investments & Trading department at Kotak Mahindra General Insurance is INRunlock blur . Salary estimates are based on 371 Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

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