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3.9

based on 2.4k Reviews

HQ - Mumbai, Maharashtra, India Insurance 10k-50k Employees (India)
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Kotak Mahindara Life Insurance Salaries in India

based on 11k latest salaries

3.5

Rated by 2.4k Employees for salary and benefits

Top Departments at Kotak Mahindara Life Insurance
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting Marketing & Communication Human Resources + 4 more
Designation Avg Annual Salary

Deputy Manager

0 - 9 years exp. (923 salaries)
3.7 Lakhs

₹2.1 L/yr - ₹5.6 L/yr

Recruitment Development Manager

0 - 13 years exp. (507 salaries)
3.8 Lakhs

₹2.5 L/yr - ₹5.3 L/yr

Sales Manager

0 - 11 years exp. (484 salaries)
3.9 Lakhs

₹2 L/yr - ₹5.9 L/yr

Chief Manager

2 - 16 years exp. (378 salaries)
9.4 Lakhs

₹4.5 L/yr - ₹15.5 L/yr

Branch Manager

4 - 20 years exp. (205 salaries)
8.6 Lakhs

₹4.5 L/yr - ₹12.3 L/yr

Management Trainee

0 - 5 years exp. (190 salaries)
3.8 Lakhs

₹3 L/yr - ₹9.5 L/yr

Relationship Manager

0 - 7 years exp. (189 salaries)
3.3 Lakhs

₹1.8 L/yr - ₹6 L/yr

Assistant Vice President

10 - 22 years exp. (188 salaries)
14.4 Lakhs

₹6.5 L/yr - ₹30 L/yr

Recruitment Manager

0 - 11 years exp. (187 salaries)
3.5 Lakhs

₹2.3 L/yr - ₹4.6 L/yr

Managing Partner

0 - 12 years exp. (154 salaries)
4.2 Lakhs

₹2.5 L/yr - ₹6.8 L/yr

Last Updated: 1 Mar, 2024

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Kotak Mahindara Life Insurance Salary FAQs

How much does Kotak Mahindara Life Insurance pay per year?
The average Kotak Mahindara Life Insurance salary ranges from approximately ₹1.3 Lakhs per year for a Telecaller to ₹78.5 Lakhs per year for a Executive Vice President. Salary estimates are based on 11k Kotak Mahindara Life Insurance salaries received from various employees of Kotak Mahindara Life Insurance. Kotak Mahindara Life Insurance employees rate the overall salary and benefits package 3.5/5 stars.
What is the highest salary in Kotak Mahindara Life Insurance?
The highest-paying job at Kotak Mahindara Life Insurance is a Executive Vice President with a salary of ₹78.5 Lakhs per year. The top 10% of employees earn more than ₹10.36 lakhs per year. The top 1% earn more than a whopping ₹30 lakhs per year.
What is the minimum salary in Kotak Mahindara Life Insurance?
Minimum salary at Kotak Mahindara Life Insurance depends on the role you are applying for. For Relationship Manager the minimum salary is ₹3.5 Lakhs per year, for Assistant Manager the minimum salary is ₹3.5 Lakhs per year and so on.
What is the salary package for freshers in Kotak Mahindara Life Insurance?
The average salary at Kotak Mahindara Life Insurance for freshers varies from ₹1.2 Lakhs per year for Telecaller to ₹4.5 Lakhs per year for Manager. View Fresher Salaries at Kotak Mahindara Life Insurance
What is the notice period at Kotak Mahindara Life Insurance?
According to AmbitionBox, 37% of the Kotak Mahindara Life Insurance employees reported a notice period of 1 Month, 25% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 7.7k responses on AmbitionBox in last 2 years.

Salary related reviews for Kotak Mahindara Life Insurance

Advisor in Kolkata

Full Time

 · 

Life Insurance Department

2.0
posted on 12 Oct 2023

1.0 for Salary and Benefits

Likes

Noting, just nothing

Dislikes

They will call you for the interview and will say that you will get 30k 40k as salary. When you will join, then you will understand all 30-40k depends on the target. They will say there is no target. But there is target guys. Thats why I left within a month.

Work Details

Work policy: 3 days/week from office

Work days: Monday to Friday (Flexible Timings)

Assistant Pension Manager in Jodhpur

Full Time

 · 

Other Department

4.0
posted on 07 Oct 2023

4.0 for Salary and Benefits

Likes

... They also give yearly bonus.

Dislikes

Promotions and increments are very slow. Also very ofter the insensitives don't get credit, you'll have to write some mails and then follow them up again and again.

Work Details

Work days: Alternate Saturday off (Flexible Timings)

Manager in Kolkata

Full Time

 · 

AGENCY Department

1.0
posted on 19 Jul 2023

1.0 for Salary and Benefits

Likes

Other than job security there is nothing positive.Job security is there due high attrition & new people hardly join.

Dislikes

...People are forced to pay money from their own pockets regularly.Its a complete mess.

Work Details

Work days: Monday to Friday (Flexible Timings)

Assistant Manager in Faridabad

Full Time

 · 

Life Insurance Department

3.0
posted on 18 Jun 2023

2.0 for Salary and Benefits

Likes

Job security is what i like in kotak life

Dislikes

... Cost cutting 4. Hiring process is too slow 5. Everyone is ready to take credit of their junior’s

Work Details

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This is a desk job.

Manager in Madurai

Full Time

 · 

Life Insurance Department

5.0
posted on 22 Apr 2023

3.0 for Salary and Benefits

Likes

Work life balance was really good, Had good Growth with 3Promotions in 8years Allowed WFH during Covid Situation Good Learning in Personality development and Management.

Dislikes

Salary not upto the market standards Internal Politics with bith HO & Regional levels. Growth stagnant after certain levels due to Comfort Zone of Regional Level Managers. No proper Clarity on appraisal based on our performance.

Work Details

Work days: Monday to Saturday (Flexible Timings)

Work related travel: This job involves Travel Within City.

see more salary related reviews

Tell us how to improve this page.

Average annual salary in Kotak Mahindara Life Insurance is INR 5.9 lakhs . Salary estimates are based on 11k Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.