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This company page is being actively managed by Kotak Mahindra General Insurance Team. If you also belong to the team, you can get access from here

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3.7

based on 222 Reviews

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Kotak Mahindra General Insurance Salaries in India (Updated 2025)

based on 1.5k latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs

AVP

10 - 19 years exp. (6 salaries)
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₹20 L/yr - ₹31 L/yr

Deputy Chief Manager

4 - 17 years exp. (6 salaries)
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₹13 L/yr - ₹16.9 L/yr

Assistant Manager Operations

2 - 7 years exp. (6 salaries)
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₹2.5 L/yr - ₹3.5 L/yr

Branch Manager

7 - 15 years exp. (6 salaries)
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₹6.5 L/yr - ₹8.3 L/yr

Operations Executive

0 - 7 years exp. (6 salaries)
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₹2.6 L/yr - ₹4 L/yr

Business Analyst

3 - 11 years exp. (6 salaries)
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₹4 L/yr - ₹6.1 L/yr

Senior Marketing Manager

5 - 10 years exp. (5 salaries)
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₹10.8 L/yr - ₹15 L/yr

Assistant Vice President

13 - 18 years exp. (5 salaries)
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₹22.5 L/yr - ₹30.8 L/yr

Data Entry Operator

0 - 3 years exp. (5 salaries)
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₹1.8 L/yr - ₹2.5 L/yr

State Head

3 - 10 years exp. (5 salaries)
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₹4 L/yr - ₹9.2 L/yr

DEP Manager, Sales

2 - 7 years exp. (5 salaries)
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₹3.6 L/yr - ₹5.3 L/yr

Operations Manager

1 - 11 years exp. (5 salaries)
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₹2.2 L/yr - ₹5.4 L/yr

Bancassurance Manager

6 - 7 years exp. (5 salaries)
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₹3 L/yr - ₹8.5 L/yr

Area Manager

11 - 13 years exp. (5 salaries)
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₹10.3 L/yr - ₹17 L/yr

Deputy General Manager

4 - 6 years exp. (4 salaries)
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₹4.5 L/yr - ₹5.4 L/yr

Senior Manager Finance

9 - 12 years exp. (4 salaries)
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₹6.9 L/yr - ₹11.3 L/yr

Asst.Marketing Manager

1 - 3 years exp. (4 salaries)
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₹3 L/yr - ₹4 L/yr

Manager II

9 - 12 years exp. (4 salaries)
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₹6 L/yr - ₹7.5 L/yr

Zonal Manager

13 - 17 years exp. (4 salaries)
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₹9.5 L/yr - ₹21.3 L/yr

Regional Head

14 - 18 years exp. (4 salaries)
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₹20.6 L/yr - ₹34.5 L/yr

Last Updated: 23 Mar, 2025

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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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Salary related reviews for Kotak Mahindra General Insurance

3.5

Rated by 222 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)Salesman (1)MIS Coordinator (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 to its employees?
The average annual salary at Kotak Mahindra General Insurance varies depending on the role, experience, and location. The salary ranges for some popular designations at Kotak Mahindra General Insurance, are as follows:

AVP ₹20 Lakhs to ₹31 Lakhs per year
Deputy Chief Manager ₹13 Lakhs to ₹16.9 Lakhs per year
Assistant Manager Operations ₹2.5 Lakhs to ₹3.5 Lakhs per year
Branch Manager ₹6.5 Lakhs to ₹8.3 Lakhs per year

The highest-paying role, Vice President, earns between ₹30 Lakhs to ₹43 Lakhs per year. The top 10% of employees earn more than ₹15.3 Lakhs per year, and the top 1% earn over ₹40 Lakhs per year. 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 salary estimates are based on data from 1.5k salaries submitted by Kotak Mahindra General Insurance employees. Kotak Mahindra General Insurance is rated 3.5 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Kotak Mahindra General Insurance in India?
The salary of a fresher at Kotak Mahindra General Insurance in India typically ranges from ₹1.5 Lakh to ₹3.8 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Management Trainee Salary ₹3 Lakhs to ₹3.8 Lakhs per year
Fresher as a Graduate Trainee Salary ₹2.4 Lakhs to ₹2.7 Lakhs per year
Fresher as a Customer Support Executive Salary ₹2.7 Lakhs to ₹3.5 Lakhs per year
Fresher as a Data Entry Operator Salary ₹0.7 Lakhs to ₹2 Lakhs per year

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Kotak Mahindra General Insurance Salaries by Location

Average annual salary in Kotak Mahindra General Insurance is INRunlock blur . Salary estimates are based on 1400+ Kotak Mahindra General Insurance latest salaries received from various employees of Kotak Mahindra General Insurance.

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