Kotak Mahindra Old Mutual Life Insurance Reviews

Updated 2 Jun 2020

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3.4
64%
Recommend to a Friend
75%
Approve of CEO
Kotak Mahindra Old Mutual Life Insurance President          Gaurang Shah
Gaurang Shah
78 Ratings
Pros
  • "Work Culture as compared to other companies is very good(in 11 reviews)

  • "Friendly work environment and some great people to work with,(in 10 reviews)

Cons
  • "Low salary and policies were not followed by upper management(in 5 reviews)

  • "Low salary, long working hours sometimes during month ends it may even happen till midnight 1 what I have experienced,no incentives,(in 5 reviews)

More Pros and Cons
  1. "Insurance base company"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Work From Home in Chennai
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Kotak Mahindra Old Mutual Life Insurance full-time for more than 8 years

    Pros

    Good company and will appreciate the work done always. if work hard we will get the reward

    Cons

    northg to say. but politics will be there inbetween employees

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  2. "Good."

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Premier Relationship Manager in Hyderābād
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Kotak Mahindra Old Mutual Life Insurance full-time

    Pros

    Gives value to the employee

    Cons

    Good company to work with. Prompt in salary and incentives

  3. "Great Company"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Life Advisor in Coimbatore
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Kotak Mahindra Old Mutual Life Insurance part-time

    Pros

    Pay Work Culture Recognition Rewards

    Cons

    Not much to say for Cons

  4. "Good company to work with people friendly culture"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Manager in Mumbai
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Kotak Mahindra Old Mutual Life Insurance full-time for more than 3 years

    Pros

    Nice culture performance centric work life balance

    Cons

    Tech needs improvement old processes

  5. "Working for 1 year"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Manager in Calcutta
    Recommends
    Positive Outlook

    I have been working at Kotak Mahindra Old Mutual Life Insurance full-time

    Pros

    Career Growth is quite good

    Cons

    Not as much cons as of now

  6. "Ops head"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Assistant Vice President 

    I worked at Kotak Mahindra Old Mutual Life Insurance full-time

    Pros

    Employee friendly org. No sale target

    Cons

    Salary not as per market standard

  7. "Good luck h"

    3.0
    • Work/Life Balance
    • Career Opportunities
    Former Employee - Marketing Manager 
    Recommends
    Approves of CEO

    I worked at Kotak Mahindra Old Mutual Life Insurance part-time for less than a year

    Pros

    Bestselling director Marketing

    Cons

    Not satisfying Management advice make sure that your business

  8. "Manager"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Human Resources Business Partner in Mumbai
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I worked at Kotak Mahindra Old Mutual Life Insurance full-time for more than a year

    Pros

    Nothing Great about Kotak Life...it's more like Kotak Lies

    Cons

    Too much sales driven Mis-selling is too much Politics at branch offices Favouritism played at all level Agency channels treat the front line very badly.

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  9. "The master of using middle class people for their own income in the name of giving a career"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Business Development Manager in Calcutta
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Kotak Mahindra Old Mutual Life Insurance full-time for less than a year

    Pros

    There is no reason one should work for such a pathetic company. Skip to the cons...

    Cons

    I have been working with Kotak Life for almost 4 months now and here are some things that some might consider even borderline illegal while considering to work here: 1) THEY LIE TO RECRUIT PEOPLE. Yes. They tell you a lot of things sch as it is a leadership position that they are offering and not a typical Insurance selling position. As you are slowly integrated into the work culture, you get to know that it is sort of a cult that they are heading where they slowly try to inculcate that they are doing the "financial planning" of people by selling policies and it is mandatory for everyone who joins to get a minimum number of policies done by their family members or contacts to get their offer letter irrespective of their financial status. In fact, they are put under pressure to get it done. 2) They might sell it as a leadership position but the fact is that you recruit people by tele-calling and getting your friends searching for a job and then continuing the cycle of using people for money. 3) I remember the company selling a policy to a young person with no income and forcing him to buy a policy in his father's name who used to earn 10,000 permonth. The policy amount? 27,000. 4) Heights of unprofessionalism as managers here openly practice copying signatures of clients on some forms. Yes, you read that right. Im not sure about the exact details of the law but im pretty sure forgery of a signature is a crime. 5) In plain and simple words, the business model followed by Kotak Life is a scam of massive proportions being operated under a legal umbrella using the high unemployment rate in our country as a lure to make profit on their business and using hapless young individuals in the name of providing a career...

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  10. "Part time job from home and also you can go to the office"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Fresher in Calcutta

    I have been working at Kotak Mahindra Old Mutual Life Insurance part-time for more than a year

    Pros

    If you do business then kotak will pay your incentive at the time. There incentive range is higher than other companies.

    Cons

    If you don't do business as a intern then you will not get your money. After your job is permanent then you get your salary.. otherwise you have to work without money.

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Found 148 reviews