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

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3.7

based on 3.1k Reviews

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Kotak Mahindara Life Insurance Management Trainee salaries in New Delhi (Updated 2025)

Annual salary range
0 - 3 years exp.
₹3.1 Lakhs - ₹6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Management Trainee Salary at Kotak Mahindara Life Insurance ranges between ₹3.1 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 22... Read more

46% less than the average Management Trainee Salary in Insurance Companies for 0 - 3 years of experience

Interested in this particular role? 19 job openings

What are the roles & responsibilities of a Management Trainee at Kotak Mahindara Life Insurance?

Project Contribution

  • Contribute to projects aimed at improving efficiency
  • Participate in business development and customer outreach programs
  • Engage in continuous learning and professional development activities
  • Assist in day-to-day business operations

Collaboration and Support

  • Collaborate with cross-functional teams on strategic initiatives

Read full roles & responsibilities

Last Updated: 4 Jun 2025

Companies similar to Kotak Mahindara Life Insurance for Management Trainee in New Delhi

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Kotak Mahindara Life Insurance Management Trainee Salary

0 - 3 years exp. (22 salaries)
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₹3.1 L/yr - ₹6 L/yr

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HDFC Life Management Trainee Salary

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Bajaj Allianz Life Insurance Management Trainee Salary

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Tata AIA Life Insurance Management Trainee Salary

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Latest annual salaries shared by Kotak Mahindara Life Insurance Management Trainee in New Delhi

1mo ago
₹3.5 Lakhs
1 year exp.
2mo ago
₹3.5 Lakhs
5 months exp.
3mo ago
₹5 Lakhs
6 months exp.
4mo ago
₹5 Lakhs
3 years exp.

Kotak Mahindara Life Insurance Management Trainee salaries by

Years of experience Avg. annual salary
Fresher  (11 salaries)

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₹3.1 L/yr - ₹6 L/yr
1 year  (8 salaries)

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₹3.5 L/yr - ₹4.5 L/yr
2 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr

Similar Designation Salaries at Kotak Mahindara Life Insurance

Similar Designation Avg. annual salary
Deputy Manager Salary
(52 salaries)
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₹3.2 L/yr - ₹5.8 L/yr

Team Lead Salary
(3 salaries)
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₹3.4 L/yr - ₹4.4 L/yr

Top trending discussions

View All
Career Growth
1w (edited)
pleasantfox
·
works at
Insurance Sector
Stability vs Growth
I worked in a company for 20 years and suddenly put off role. Searching jobs I realised I am over age for various roles that I could do and less experienced for Leadership Roles as my exposure was limited. I always thought I am earning decent money and can work another 7 years and retire at 50. Though the younger generation is much smarter I still want to advise them (BFSI specific) * Work in a role for max 2-3 years and switch when you feel you are done. * By age of 30, if you are still earning less than 10 lakh you are not growing * By age of 35 you must become AVP as no company will hire AVP if you are more than 36. *Be loyal to your self, not your organization. * Most importantly save atleast 30% or more of whatever your CTC. Donot spend much with every raise. * Buy a property, and pay loans before 35. In tough times it's only Savings that give you cushion and peace nothing else
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Salary related reviews for Kotak Mahindara Life Insurance

2.8

Rated by 3 employees for salary & benefits

Management Trainee in Chhatisgarh

Full Time

 · 

Marketing & Communication Department

4.0
  •  updated on 08 May 2021
4.0
 for  Salary and Benefits

Likes

It is all about leadership. If you are good in recruitment then you will more success and financial compensation also.

read more
  • Salary - Good
    • +6 more

Dislikes

Senior managers are not available all times so you handle alone and spoil resource coz lack of knowledge and experiences

read more

Deputy Manager in Mumbai

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  updated on 04 Jan 2025
3.0
 for  Salary and Benefits

Likes

Only job security

Dislikes

Work environment was not at all good hr and manager gives false commitment they ask to come on Sunday without pay 7 days a week and daily extend shift without any OT or something no positive environment they treat us like machine

read more
  • Skill development - Poor
    • +4 more

Relationship Manager in Kolkata

Full Time

 · 

Sales & Business Development Department

1.0
  •  updated on 17 Feb 2023
1.0
 for  Salary and Benefits

Likes

... here 2yrs and they continue lied to me and us.. They have comission based job.. they will never give you any kind of salary..

read more

Dislikes

I like nothing about them.. I m with my word..

  • Salary - Bad
    • +6 more

Deputy Manager in Thane

Alternate Sales Department

2.0
  •  updated on 13 Apr 2022
2.0
 for  Salary and Benefits

Likes

Kotak Mahindra Bank branches alloted were doing good business

Dislikes

1st salary badly delayed, but was personally sorted by HR. No support even in case of family emergency and hence had to resign having no choice

read more
  • Salary - Poor
    • +5 more

Deputy Manager in Mumbai

BFSI, Investments & Trading Department

4.0
  •  updated on 16 Jun 2020
2.0
 for  Salary and Benefits

Likes

...fe.Team mates are supportive. This is the second appraisal but mine is not done. Till now no salary hike which demotivate employee .work culture is good.

read more
  • Skill development - Good
    • +1 more

Dislikes

Politics.low or no salary hike. Appraise are not done fairly. No defined timing to work.

read more
  • Salary - Poor
    • +1 more
see more salary related reviews
More about working at Kotak Mahindara Life Insurance

Kotak Mahindara Life Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at Kotak Mahindara Life Insurance in New Delhi?
The average salary of a Management Trainee at Kotak Mahindara Life Insurance in New Delhi typically ranges from ₹3.1 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Management Trainee in New Delhi at Kotak Mahindara Life Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Management Trainee Salaries at Kotak Mahindara Life 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 20+ Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Management Trainee at Kotak Mahindara Life Insurance in New Delhi?
The estimated take-home salary of a Management Trainee at Kotak Mahindara Life Insurance in New Delhi typically ranges from ₹30,177 to ₹31,488 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 20+ salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Management Trainee at Kotak Mahindara Life Insurance in New Delhi?
To be a Management Trainee at Kotak Mahindara Life Insurance in New Delhi, the key skills required include:

  • - Business Development
  • - Salesforce
  • - Digital Marketing
  • - Microsoft Office Suite
  • - Illustrator

These skills are highly valued at Kotak Mahindara Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Kotak Mahindara Life Insurance for Management Trainee in India?
Tata AIA Life Insurance ₹8.9 Lakhs to ₹16.6 Lakhs per year
HDFC Life ₹8.5 Lakhs to ₹12.0 Lakhs per year
ICICI Lombard General Insurance Company ₹7.3 Lakhs to ₹10.0 Lakhs per year
SBI Life Insurance Company ₹5.6 Lakhs to ₹8.0 Lakhs per year
ICICI Prudential Life Insurance ₹4.9 Lakhs to ₹7.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindara Life Insurance, depending on the role and experience level.
What is the salary of a Management Trainee in companies similar to Kotak Mahindara Life Insurance in New Delhi?
The salary of a Management Trainee at companies similar to Kotak Mahindara Life Insurance in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance ₹3.7 Lakhs to ₹8.5 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 Management Trainee at Kotak Mahindara Life Insurance in New Delhi?
The salary growth for a Management Trainee at Kotak Mahindara Life Insurance in New Delhi depends on factors such as experience, performance, and promotions. On average, a Management Trainee in New Delhi can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
Fresher ₹3.1 Lakhs to ₹6.0 Lakhs per year
1 year ₹3.5 Lakhs to ₹4.5 Lakhs per year
2 years ₹3.7 Lakhs to ₹4.8 Lakhs per year
3 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
and so on.

Top skills at Kotak Mahindara Life Insurance for Management Trainee

Analytical Interpersonal

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Kotak Mahindara Life Insurance Management Trainee salary in New Delhi ranges between ₹3.1 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 22 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.