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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 2.8k Reviews

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Kotak Mahindara Life Insurance Agency Partner salaries in India

Annual salary range
1 - 7 years exp.
₹1 Lakh - ₹8 Lakhs
Salary of majority employees
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At par with the average Agency Partner Salary in Insurance Companies for 1 - 7 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
Agency Partner Salary
1 - 6 years exp. (19 salaries)
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₹1.2 L/yr - ₹8 L/yr

BFSI, Investments & Trading
Agency Partner Salary
1 - 7 years exp. (13 salaries)
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₹1.8 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Agency Partner Salary
1 - 6 years exp. (8 salaries)
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₹1 L/yr - ₹3 L/yr

Marketing & Communication
Agency Partner Salary
1 - 3 years exp. (5 salaries)
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₹2 L/yr - ₹3.6 L/yr

Finance & Accounting
Agency Partner Salary
2 - 7 years exp. (3 salaries)
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₹1.2 L/yr - ₹4.5 L/yr

View all

Last Updated: 23 Jan 2025

Companies similar to Kotak Mahindara Life Insurance for Agency Partner

Company name Avg Annual Salary Open Jobs
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ICICI Prudential Life Insurance Agency Partner Salary

0 - 5 years exp. (3 salaries)
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₹2.2 L/yr - ₹4 L/yr

arrow icon 2% less
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HDFC Life Agency Partner Salary

0 - 13 years exp. (6 salaries)
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₹1 L/yr - ₹4.5 L/yr

arrow icon 23% less
 1 job opening
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Max Life Insurance Agency Partner Salary

6 - 14 years exp. (5 salaries)
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₹3 L/yr - ₹11 L/yr

arrow icon 93% more
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Bajaj Allianz Life Insurance Agency Partner Salary

4 - 28 years exp. (4 salaries)
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₹3.4 L/yr - ₹6.2 L/yr

arrow icon 70% more
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Bharti AXA Life Insurance Agency Partner Salary

0 - 15 years exp. (3 salaries)
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₹2.4 L/yr - ₹5.5 L/yr

arrow icon 35% more
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PNB MetLife Agency Partner Salary

0 - 4 years exp. (3 salaries)
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₹0.6 L/yr - ₹2.6 L/yr

arrow icon 52% less
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Aditya Birla Sun Life Insurance Agency Partner Salary

0 - 5 years exp. (17 salaries)
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₹1 L/yr - ₹6.5 L/yr

arrow icon 5% more
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Life Insurance Corporation of India Agency Partner Salary

1 - 12 years exp. (3 salaries)
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₹1.7 L/yr - ₹5 L/yr

arrow icon 2% more
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ICICI Lombard General Insurance Company Agency Partner Salary

3 - 5 years exp. (3 salaries)
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₹5.5 L/yr - ₹5.6 L/yr

arrow icon 75% more
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United India Insurance Company Agency Partner Salary

6 - 9 years exp. (3 salaries)
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₹3 L/yr - ₹4 L/yr

arrow icon 15% more
Agency Partner salary at Kotak Mahindara Life Insurance ranges between ₹1 Lakh to ₹8 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 80 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Agency Partner

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Experience wise Kotak Mahindara Life Insurance Agency Partner salaries

Last Updated: 23 Jan 2025

Experience Avg Annual Salary
1 year  (23 salaries)

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₹1 L/yr - ₹4.2 L/yr
2 years  (19 salaries)

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₹1 L/yr - ₹5.5 L/yr
3 years  (13 salaries)

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₹1.5 L/yr - ₹4 L/yr
4 years  (10 salaries)

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₹1.6 L/yr - ₹8 L/yr
5 years  (7 salaries)

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₹2 L/yr - ₹6 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 L/yr
Area Manager Salary
(26 salaries)
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₹5.7 L/yr - ₹17.9 L/yr
Deputy Manager Salary
(732 salaries)
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₹2 L/yr - ₹5.69 L/yr
Regional Manager Salary
(12 salaries)
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₹10.31 L/yr - ₹22 L/yr
Sales Manager Salary
(544 salaries)
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₹2 L/yr - ₹6.28 L/yr
Branch Head Salary
(10 salaries)
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₹8.5 L/yr - ₹14 L/yr
Sales Officer Salary
(8 salaries)
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₹1.5 L/yr - ₹4 L/yr
Business Manager Salary
(4 salaries)
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₹3.3 L/yr - ₹6.2 L/yr
Team Lead Salary
(34 salaries)
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₹1.2 L/yr - ₹6.95 L/yr
Area Sales Manager Salary
(8 salaries)
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₹3.5 L/yr - ₹8.4 L/yr

Top skills at Kotak Mahindara Life Insurance for Agency Partner

Agency Channel Agency Sales Agent Recruitment Team Handling Sales Insurance Sales Business Development agency Agency Management Business Development Management Channel Sales Channel Sales Management Sales Agency

Salary related reviews for Kotak Mahindara Life Insurance

3.2

Rated by 29 employees for salary & benefits

Agency Partner in Kolkata

Metro branch Department

1.0
  •  posted on 01 Oct 2020
1.0
 for  Salary and Benefits

Likes

All fake going on in metro branch kolkata, Everyone just want money by giving fake promises and earning commission,That's why I left the work hope Mr kotak dont know about this.. And even they do fake signatute

read more

Dislikes

Recruitment fake. All promise to give 35000 salary after submittion of 1 lakh policy

read more
  • Salary - Bad
    • +6 more

Agency Partner in Kolkata, Metro Tower Branch

Life Insurance Department

1.0
  •  posted on 20 Sep 2021
1.0
 for  Salary and Benefits

Likes

I don't like anything

Dislikes

...er continuously says "If you can't complete your target, you'll get terminated". Don't get motivation to work because nobody is supportive and salary is very very low, no appraisal.

read more
  • Salary - Bad
    • +6 more

Agency Partner in Kolkata, Metro Tower Branch

Life Insurance Department

1.0
  •  posted on 04 Feb 2021
1.0
 for  Salary and Benefits

Likes

I Don't like anything.

Dislikes

...ything. Managers are not help full, they only think about their business target. Salary is very low. no job security. Managers Everyday Said "If you don't complete your target, which is selling insurance policy, you will get terminated". No motivation to work. Overall, working in this company is a nightmare for me.

read more
  • Salary - Bad
    • +6 more

Agency Partner in Kolkata

Marketing & Communication Department

1.0
  •  posted on 10 Jan 2019
1.0
 for  Salary and Benefits

Likes

Never ever work in a life insurance Co. As per their rule an agent get only commission not a single rupee salary& after confirmation salary will be Rs. 3000. Horrible experience working at kotak Life.

read more

Dislikes

No salary structure.

  • Salary - Bad
    • +6 more

Agency Partner in Lucknow

BFSI, Investments & Trading Department

3.0
  •  posted on 01 Feb 2018
2.0
 for  Salary and Benefits

Likes

The company gives time freedom and policies are also user friendly

Dislikes

Training is more on theoretical concepts rather than practical applications; salary packages are unsatisfactory and work environment is not much professional

read more
  • Salary - Poor
    • +3 more
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Salary negotiation
Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!
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Kotak Mahindara Life Insurance Agency Partner Salary FAQs

What is the salary of Agency Partner at Kotak Mahindara Life Insurance?
Agency Partner salary at Kotak Mahindara Life Insurance in India ranges between ₹1.0 Lakhs to ₹8.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 1% more than the average Agency Partner Salary in India. Salary estimates are based on 80 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Agency Partner at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Agency Partner at Kotak Mahindara Life Insurance is 1% more than the average salary of a Agency Partner in India. To know exact salary insights, login to view.
What are the top skills required to work as a Agency Partner at Kotak Mahindara Life Insurance?
Agency Channel, Agency Sales, Agent Recruitment, Team Handling and Sales are some of the popular skills required to work as a Agency Partner at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Agency Partner in India?
  • Max Life Insurance Agency Partner Salary - ₹3.0 Lakhs to ₹11.0 Lakhs per year
  • ICICI Lombard General Insurance Company Agency Partner Salary - ₹5.5 Lakhs to ₹5.6 Lakhs per year
  • Bajaj Allianz Life Insurance Agency Partner Salary - ₹3.4 Lakhs to ₹6.2 Lakhs per year
  • Bharti AXA Life Insurance Agency Partner Salary - ₹2.4 Lakhs to ₹5.5 Lakhs per year
  • United India Insurance Company Agency Partner Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
What is the salary of a Agency Partner in companies similar to Kotak Mahindara Life Insurance in India?
  • Aditya Birla Sun Life Insurance Agency Partner Salary - ₹1.0 Lakhs to ₹6.5 Lakhs per year
  • Life Insurance Corporation of India Agency Partner Salary - ₹1.7 Lakhs to ₹5.0 Lakhs per year
  • ICICI Prudential Life Insurance Agency Partner Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year
  • HDFC Life Agency Partner Salary - ₹1.0 Lakhs to ₹4.5 Lakhs per year
  • PNB MetLife Agency Partner Salary - ₹0.6 Lakhs to ₹2.6 Lakhs per year
What is the estimated take home salary of a Agency Partner at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Agency Partner at Kotak Mahindara Life Insurance ranges between ₹22,931 per month to ₹24,401 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Agency Partner salary in India which ranges between ₹1.0 Lakhs to ₹8.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Agency Partner at Kotak Mahindara Life Insurance?
According to AmbitionBox, 73% of the Kotak Mahindara Life Insurance Agency Partners reported a notice period of 15 days or less, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 45 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Agency Partner Salaries by Location

Kotak Mahindara Life Insurance Agency Partner salary in India ranges between ₹1 Lakh to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 80 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.