Kotak Mahindra Old Mutual Life Insurance Ltd
bankingfinancial services insurance
3.5Overall
Rating Breakdown
Salary
3.5
Work-Life
3.4
Culture
3.6
Growth
3.4
Company Info
- Founded
- 2000
- Employees
- 10001+
- Turnover (Cr)
- ₹2500 - 5000 Cr
- Headquarters
- Mumbai, Maharashtra
Pros & Cons(311 reviews)
👍 Pros
- Brand Name48
- People/Colleagues47
- Work-Life Balance44
- Quality of Work38
- Flexi Hours37
👎 Cons
- Salary40
- Processes and systems25
- Average Yearly Appraisal24
- Work Environment22
- Limited Training and Development22
Salary
Is the salary as per market standard?
Yes
63 (48%)
No
67 (52%)
Tell us about your last increment
Less than 10%
35 (27%)
10-15%
50 (38%)
15-20%
16 (12%)
Not Eligible
29 (22%)
Work life balance
How many hours you normally work in a day?
5-6 Hours
1 (8%)
8-10 Hours
10 (83%)
10+ Hours
1 (8%)
Does Kotak Mahindra Old Mutual Life Insurance Ltd have a flexible working hours policy?
Yes
10 (83%)
No
1 (8%)
Case to case basis
1 (8%)
Company culture
How smart are your colleagues?
Extremely smart
41 (31%)
Average
75 (56%)
Below average
17 (13%)
How punctual are your co-workers?
Always on time
52 (39%)
Most of time
57 (43%)
Seldom on time
23 (17%)
How often do you have parties/offsites?
Weekly
5 (4%)
Monthly
16 (12%)
Quarterly
39 (30%)
Yearly
35 (27%)
Managment doesn't believe in it
36 (27%)
Career growth
How often do employees get promotions?
Less than 1 year
30 (23%)
1-2 Years
39 (29%)
2-3 Years
36 (27%)
3+ Years
28 (21%)
How many trainings do you attend every year?
More than 6 times in a year
38 (29%)
3-5 times in a year
30 (23%)
1-2 times in a year
42 (32%)
No such programs
23 (17%)
Salary Insights
| Role | Min | Avg | Max |
|---|---|---|---|
| Sales/ Business Development Manager | ₹204K | ₹370K | ₹677K |
| Branch Manager/ Head | ₹328K | ₹658K | ₹1202K |
| Area/ Territory Sales Manager | ₹198K | ₹587K | ₹1154K |
| Operations Manager | ₹189K | ₹321K | ₹472K |
| Relationship Executive/ Manager | ₹220K | ₹345K | ₹463K |
| Bancassurance Executive/ Manager | ₹251K | ₹412K | ₹667K |
| Relationship Manager | ₹230K | ₹372K | ₹527K |
| Operations Manager - Insurance | ₹276K | ₹512K | ₹792K |
| Other Insurance | ₹252K | ₹694K | ₹1284K |
| Unit Manager | ₹256K | ₹385K | ₹560K |