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Engaged Employer

Kotak Mahindara Life InsuranceVerified

3.6
based on 3.2k Reviews

Working at Kotak Mahindara Life Insurance

Company Summary

This subsidiary of Kotak Mahindra Bank offers insurance products tailored for customer needs, focusing on protection and long-term savings across India.

Overall Rating

3.6/5
based on 3.2k reviews
highly rated categories
5% below
industry average
highly rated categories
Critically rated for

Promotions, Work satisfaction

Work Policy
Work from office
Work from office
84% employees reported
Monday to Saturday
Monday to Saturday
46% employees reported
Flexible timing
Flexible timing
53% employees reported
Within city
Within city
55% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
173 employees reported
Health insurance
Health insurance
116 employees reported
Cafeteria
Cafeteria
47 employees reported
Office gym
Office gym
33 employees reported
View all benefits

About Kotak Mahindara Life Insurance

Founded in2001 (24 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websitekotaklife.com
Primary Industry

Kotak Mahindra Life Insurance Company Limited (Kotak Life) is a 100% owned subsidiary of Kotak Mahindra Bank Limited (Kotak). Kotak Life provides insurance products with high customer empathy. Its product suite leverages the combined prowess of protection and long term savings. Kotak Life is one of the fastest growing insurance companies in India with 303 branches across 146 cities and has covered more than 5 crore active lives as on 31st August 2024.

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Kotak Mahindara Life Insurance Ratings

based on 3.2k reviews

Overall Rating

3.6/5
How AmbitionBox ratings work?
5
1.3k
4
810
3
488
2
196
1
395

Category Ratings

3.7

Job security

3.5

Company culture

3.5

Work-life balance

3.5

Skill development

3.4

Salary

3.3

Work satisfaction

3.2

Promotions

Kotak Mahindara Life Insurance is rated 3.6 out of 5 stars on AmbitionBox, based on 3.2k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Kotak Mahindara Life Insurance
based on 3k reviews
3.4
Rated by 795 Women
Rated 3.5 for Job security and 3.4 for Skill development
3.7
Rated by 2.2k Men
Rated 3.7 for Job security and 3.5 for Work-life balance

Work Policy at Kotak Mahindara Life Insurance

based on 506 reviews in last 6 months
Work from office
84%
Hybrid
12%
Permanent work from home
4%

Kotak Mahindara Life Insurance Reviews

Top mentions in Kotak Mahindara Life Insurance Reviews

+ 5 more

Compare Kotak Mahindara Life Insurance with Similar Companies

Kotak Mahindara Life Insurance
ICICI Prudential Life Insurance
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Axis Max Life Insurance
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HDFC Life
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Overall Rating
3.6/5
based on 3.2k reviews
4.0/5
based on 7k reviews
Awards Tag
4.0/5
based on 6.1k reviews
3.9/5
based on 10.3k reviews
Highly Rated for
No highly rated category
Job security
Skill development
Salary
Skill development
Company culture
Work-life balance
Skill development
Work-life balance
Job security
Critically Rated for
Promotions
Work satisfaction
No critically rated category
No critically rated category
No critically rated category
Primary Work Policy
Work from office
84% employees reported
Work from office
87% employees reported
Work from office
82% employees reported
Work from office
79% employees reported
Rating by Women Employees
3.4
Average
rated by 795 women
3.9
Good
rated by 1.5k women
4.0
Good
rated by 1.3k women
3.8
Good
rated by 2.2k women
Rating by Men Employees
3.7
Good
rated by 2.2k men
4.0
Good
rated by 5.1k men
4.1
Good
rated by 4.5k men
4.0
Good
rated by 7.7k men
Job security
3.7
Good
4.0
Good
3.9
Good
3.8
Good
View more

Kotak Mahindara Life Insurance Salaries

Kotak Mahindara Life Insurance salaries have received with an average score of 3.4 out of 5 by 3.2k employees.

Deputy Manager

(915 salaries)
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₹2.5 L/yr - ₹6 L/yr

Recruitment Development Manager

(748 salaries)
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₹2.5 L/yr - ₹5.3 L/yr

Sales Manager

(614 salaries)
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₹2.4 L/yr - ₹6 L/yr

Chief Manager

(480 salaries)
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₹8.6 L/yr - ₹15.5 L/yr

Assistant Vice President

(207 salaries)
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₹12.9 L/yr - ₹22.7 L/yr

Branch Manager

(206 salaries)
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₹6 L/yr - ₹13 L/yr

Relationship Manager

(195 salaries)
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₹2 L/yr - ₹5.5 L/yr

Management Trainee

(193 salaries)
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₹2.7 L/yr - ₹6.1 L/yr

Associate Recruitment and Development Manager

(186 salaries)
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₹3 L/yr - ₹5 L/yr

Chief Managing Partner

(181 salaries)
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₹4.8 L/yr - ₹11.5 L/yr

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3.7
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Kotak Mahindara Life Insurance FAQs

When was Kotak Mahindara Life Insurance founded?
Kotak Mahindara Life Insurance was founded in 2001. The company has been operating for 24 years primarily in the Insurance sector.
Where is the Kotak Mahindara Life Insurance headquarters located?
Kotak Mahindara Life Insurance is headquartered in Mumbai, Maharashtra.
How many employees does Kotak Mahindara Life Insurance have in India?
Kotak Mahindara Life Insurance currently has more than 16,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Kotak Mahindara Life Insurance based on the number of reviews submitted on AmbitionBox.
Does Kotak Mahindara Life Insurance have good work-life balance?
Kotak Mahindara Life Insurance has a Work-Life Balance Rating of 3.5 out of 5 based on 3,100+ employee reviews on AmbitionBox. 66% employees rated Kotak Mahindara Life Insurance 4 or above, while 34% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Kotak Mahindara Life Insurance work-life balance reviews for more details.
Is Kotak Mahindara Life Insurance good for career growth?
Career growth at Kotak Mahindara Life Insurance is rated as moderate, with a promotions and appraisal rating of 3.2. 34% employees rated Kotak Mahindara Life Insurance 3 or below, while 66% employees rated it 4 or above on promotions / appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Kotak Mahindara Life Insurance promotions / appraisals reviews for more detailed insights.
What are the cons of working in Kotak Mahindara Life Insurance?
Working at Kotak Mahindara Life Insurance does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, work satisfaction and salary & benefits, based on 3,100+ employee reviews on AmbitionBox.
Kotak Mahindara Life Insurance Overview
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