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Kotak Mahindara Life Insurance Agency Manager salaries in India

Annual salary range
0 - 15 years exp.
₹2 Lakhs - ₹7.6 Lakhs
Salary of majority employees
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14% less than the average Agency Manager Salary in Insurance Companies for 0 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Agency Manager Salary
1 - 15 years exp. (10 salaries)
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₹2 L/yr - ₹6.5 L/yr

Marketing & Communication
Agency Manager Salary
12 - 13 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹3.5 L/yr

Sales & Business Development
Agency Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹4.4 L/yr

Last Updated: 21 Nov 2024

Companies similar to Kotak Mahindara Life Insurance for Agency Manager

Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹5.3 L/yr

arrow icon 29% more
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HDFC Life Agency Manager Salary

0 - 7 years exp. (84 salaries)

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₹1.8 L/yr - ₹7 L/yr

arrow icon 23% more
1 job opening
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SBI Life Insurance Company Agency Manager Salary

1 - 13 years exp. (280 salaries)

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₹2.8 L/yr - ₹5 L/yr

arrow icon 29% more
1 job opening
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Axis Max Life Insurance Agency Manager Salary

2 - 11 years exp. (153 salaries)

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₹2.2 L/yr - ₹6.5 L/yr

arrow icon 38% more
1 job opening
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₹2.5 L/yr - ₹7 L/yr

arrow icon 27% more
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₹1.8 L/yr - ₹3.8 L/yr

arrow icon 1% less
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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 18% less
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Tata AIA Life Insurance Agency Manager Salary

4 - 11 years exp. (7 salaries)

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₹4.5 L/yr - ₹6 L/yr

arrow icon 63% more
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PNB MetLife Agency Manager Salary

0 - 11 years exp. (5 salaries)

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₹2.8 L/yr - ₹7 L/yr

arrow icon 64% more
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₹1.8 L/yr - ₹4 L/yr

arrow icon 3% less
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₹2 L/yr - ₹5.5 L/yr

arrow icon 24% more
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₹2.4 L/yr - ₹4.8 L/yr

arrow icon 11% more
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₹2.4 L/yr - ₹6 L/yr

arrow icon 31% more
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Shriram Life Insurance Agency Manager Salary

7 - 13 years exp. (5 salaries)

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₹2.4 L/yr - ₹5 L/yr

arrow icon 23% more
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SBI General Insurance Agency Manager Salary

2 - 8 years exp. (5 salaries)

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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 23% more
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₹1.9 L/yr - ₹7.1 L/yr

arrow icon 120% more
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₹2.2 L/yr - ₹2.4 L/yr

arrow icon 24% less
Agency Manager salary at Kotak Mahindara Life Insurance ranges between ₹2 Lakhs to ₹7.6 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 26 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Agency Manager

1mo ago
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13 years exp.
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6 years exp.
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9 years exp.
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8 years exp.
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15 years exp.
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7 years exp.

Experience wise Kotak Mahindara Life Insurance Agency Manager salaries

Last Updated: 21 Nov 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.2 L/yr - ₹4 L/yr
1 year  (4 salaries)

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

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₹1.2 L/yr - ₹3.9 L/yr
3 years  (3 salaries)

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₹1.2 L/yr - ₹7.4 L/yr
4 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹5.5 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Branch Manager Salary
(201 salaries)
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₹4.5 L/yr - ₹13.5 L/yr
Area Manager Salary
(26 salaries)
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₹5.7 L/yr - ₹17.9 L/yr
Deputy Manager Salary
(947 salaries)
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₹2 L/yr - ₹6.25 L/yr
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₹10.31 L/yr - ₹22 L/yr
Sales Manager Salary
(555 salaries)
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₹2 L/yr - ₹6.28 L/yr
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₹3.3 L/yr - ₹6.2 L/yr
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₹3.5 L/yr - ₹8.4 L/yr
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₹3.5 L/yr - ₹7 L/yr
Territory Manager Salary
(AmbitionBox Estimate)
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₹14.2 L/yr - ₹18.2 L/yr
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₹5.39 L/yr - ₹7.25 L/yr

Top skills at Kotak Mahindara Life Insurance for Agency Manager

Agency Management Life Insurance Sales LI Team Leading Business Development Agency Management Sales Agency Sales Agency Channel Relationship Management Team Handling Team Management agency development Tied Channel
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Salary related reviews for Kotak Mahindara Life Insurance

2.6

Rated by 12 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

  • Company culture - Good

Dislikes

... Company gives me 2.5% hike in appraisal after achieving a 70% of YTD Target.... Appraisal and salary hike processes at Kotak Life Insurance are deeply disappointing. Despite dedicated efforts and meeting performance targets, the appraisal system feels arbitrary and lacks transparency. Promises of career growth and salary increments are often unfulfilled, leaving employees demotivated and undervalued. There’s a noticeable disparity between the workload expectations and the compensation provided, which doesn’t align with industry standards. This undermines morale and loyalty among employees, impacting overall productivity and retention. Clearer and fairer appraisal policies are urgently needed to retain talent and boost employee satisfaction."

read more
  • Salary - Bad
  • +2 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted 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

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted 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

Alternate Sales Department

2.0
  •  posted 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

Sales Department

5.0
  •  posted on 06 May 2021

4.0
 for  Salary and Benefits

Likes

Kotak working environment is overall good. Give space to employees to work on their own. Job security is there.

  • Salary - Good
  • +5 more

Dislikes

Salary structure is quite low and apprehensive. Difficult to co relate with target and hard work you put in. No goal sheet which directly linked with growth and appraisal.

read more
see more salary related reviews

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Kotak Mahindara Life Insurance Agency Manager Salary FAQs

What is the salary of Agency Manager at Kotak Mahindara Life Insurance?
Agency Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹2.0 Lakhs to ₹7.6 Lakhs for less than 1 year of experience to 15 years. According to our estimates it is 14% less than the average Agency Manager Salary in India. Salary estimates are based on 26 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Agency Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Agency Manager at Kotak Mahindara Life Insurance is 14% less than the average salary of a Agency Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Agency Manager at Kotak Mahindara Life Insurance?
Agency Management, Life Insurance, Sales, LI and Team Leading are some of the popular skills required to work as a Agency Manager at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Agency Manager in India?
  • The Oriental Insurance Co. Agency Manager Salary - ₹1.9 Lakhs to ₹7.1 Lakhs per year
  • PNB MetLife Agency Manager Salary - ₹2.8 Lakhs to ₹7.0 Lakhs per year
  • Tata AIA Life Insurance Agency Manager Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
  • Axis Max Life Insurance Agency Manager Salary - ₹2.2 Lakhs to ₹6.5 Lakhs per year
  • ICICI Lombard General Insurance Company Agency Manager Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Agency Manager in companies similar to Kotak Mahindara Life Insurance in India?
  • ICICI Prudential Life Insurance Agency Manager Salary - ₹2.2 Lakhs to ₹5.3 Lakhs per year
  • SBI Life Insurance Company Agency Manager Salary - ₹2.8 Lakhs to ₹5.0 Lakhs per year
  • Bajaj Allianz Life Insurance Agency Manager Salary - ₹2.5 Lakhs to ₹7.0 Lakhs per year
  • HDFC Ergo General Insurance Agency Manager Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
  • SBI General Insurance Agency Manager Salary - ₹2.4 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Agency Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Agency Manager at Kotak Mahindara Life Insurance ranges between ₹22,226 per month to ₹23,706 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Agency Manager salary in India which ranges between ₹2.0 Lakhs to ₹7.6 Lakhs per year for employees with less than 1 year of experience to 15 years. Check how did we calculate take home salary?
What is the notice period for Agency Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 50% of the Kotak Mahindara Life Insurance Agency Managers reported a notice period of 15 days or less, 36% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Agency Manager salary in India ranges between ₹2 Lakhs to ₹7.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 26 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.