Kotak Mahindara Life Insurance Agency Partner Salaries by 70+ Employees (Updated 2025)

1 - 7 years exp.

₹1 Lakh - ₹8 Lakhs

Salary of majority employees

At par with the average Agency Partner Salary in Insurance Companies for 1 - 7 years of experience

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Salaries in different departments

Sales & Business Development Agency Partner Salary 1 - 6 years exp. (19 salaries)	₹1.2 L/yr - ₹8 L/yr
BFSI, Investments & Trading Agency Partner Salary 1 - 7 years exp. (12 salaries)	₹1.8 L/yr - ₹4.5 L/yr
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Customer Success, Service & Operations Agency Partner Salary 1 - 6 years exp. (7 salaries)	₹1 L/yr - ₹3 L/yr
Marketing & Communication Agency Partner Salary 1 - 3 years exp. (5 salaries)	₹2 L/yr - ₹3.6 L/yr
Finance & Accounting Agency Partner Salary 2 - 7 years exp. (3 salaries)	₹1.2 L/yr - ₹4.5 L/yr

View all

Last Updated: 23 Feb 2025

Companies similar to Kotak Mahindara Life Insurance for Agency Partner

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Sun Life Insurance Agency Partner Salary 0 - 5 years exp. (19 salaries)	₹1 L/yr - ₹6.5 L/yr 9% more
HDFC Life Agency Partner Salary 0 - 13 years exp. (6 salaries)	₹1 L/yr - ₹4.5 L/yr 24% less
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Axis Max Life Insurance Agency Partner Salary 6 - 14 years exp. (5 salaries)	₹3 L/yr - ₹11 L/yr 90% more
Bajaj Allianz Life Insurance Agency Partner Salary 4 - 28 years exp. (4 salaries)	₹3.4 L/yr - ₹6.2 L/yr 67% more
ICICI Prudential Life Insurance Agency Partner Salary 0 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹4 L/yr 3% less
ICICI Lombard General Insurance Company Agency Partner Salary 3 - 5 years exp. (3 salaries)	₹5.5 L/yr - ₹5.6 L/yr 72% more
United India Insurance Company Agency Partner Salary 6 - 9 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 14% 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 78 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Agency Partner salaries

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
1 year (23 salaries)	₹1 L/yr - ₹4.2 L/yr
2 years (18 salaries)	₹1 L/yr - ₹5.5 L/yr
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3 years (13 salaries)	₹1.5 L/yr - ₹4 L/yr
4 years (10 salaries)	₹1.6 L/yr - ₹8 L/yr
5 years (7 salaries)	₹2 L/yr - ₹6 L/yr
6 years (4 salaries)	₹1.8 L/yr - ₹6.5 L/yr
7 years (3 salaries)	₹3 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Branch Manager Salary

(202 salaries)

₹5 L/yr - ₹13 L/yr

Area Manager Salary

(30 salaries)

₹4.7 L/yr - ₹17.5 L/yr

Deputy Manager Salary

(764 salaries)

₹2 L/yr - ₹5.69 L/yr

Regional Manager Salary

(12 salaries)

₹10.31 L/yr - ₹22 L/yr

Sales Manager Salary

(563 salaries)

₹2 L/yr - ₹6.22 L/yr

Branch Head Salary

(10 salaries)

₹8.5 L/yr - ₹14 L/yr

Sales Officer Salary

(8 salaries)

₹1.5 L/yr - ₹4 L/yr

Business Manager Salary

(4 salaries)

₹3.3 L/yr - ₹6.2 L/yr

Team Lead Salary

(34 salaries)

₹1.2 L/yr - ₹6.95 L/yr

Area Sales Manager Salary

(8 salaries)

₹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

Dislikes

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

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.

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.

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.

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

Salary - Poor

+3 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Kotak Mahindara Life Insurance Agency Partner Salary FAQs

What is the salary of Agency Partner at Kotak Mahindara Life Insurance ?

The average salary of a Agency Partner at Kotak Mahindara Life Insurance in India typically ranges from ₹1.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Agency Partner at Kotak Mahindara Life Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Agency Partner Salaries at Kotak Mahindara Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 70+ Kotak Mahindara Life Insurance employees in India.

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 in India typically ranges from ₹23,276 to ₹24,740 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 1 year to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 70+ salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Agency Partner at Kotak Mahindara Life Insurance ?

To be a Agency Partner at Kotak Mahindara Life Insurance in india, the key skills required include:

- Agency Channel
- Agency Sales
- Agent Recruitment
- Team Handling
- Sales

These skills are highly valued at Kotak Mahindara Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindara Life Insurance for Agency Partner in India?

Axis Max Life Insurance	₹3.0 Lakhs to ₹11.0 Lakhs per year
ICICI Lombard General Insurance Company	₹5.5 Lakhs to ₹5.6 Lakhs per year
Bajaj Allianz Life Insurance	₹3.4 Lakhs to ₹6.2 Lakhs per year
United India Insurance Company	₹3.0 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹1.0 Lakhs to ₹6.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindara Life Insurance, depending on the role and experience level.

What is the salary of a Agency Partner in companies similar to Kotak Mahindara Life Insurance in India?

The salary of a Agency Partner at companies similar to Kotak Mahindara Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance	₹2.2 Lakhs to ₹4.0 Lakhs per year
HDFC Life	₹1.0 Lakhs to ₹4.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Agency Partner at Kotak Mahindara Life Insurance in India?

The salary growth for a Agency Partner at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a Agency Partner can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience	Average Salary Range
1 year	₹1.0 Lakhs to ₹4.2 Lakhs per year
2 years	₹1.0 Lakhs to ₹5.5 Lakhs per year
3 years	₹1.5 Lakhs to ₹4.0 Lakhs per year
4 years	₹1.6 Lakhs to ₹8.0 Lakhs per year

and so on.

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Kotak Mahindara Life Insurance Agency Partner Salaries by Location

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Kotak Mahindara Life Insurance Agency Partner Salaries

Kotak Mahindara Life Insurance Agency Partner salary in India ranges between ₹1 Lakh to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 78 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

Kotak Mahindara Life Insurance Agency Partner salaries in India (Updated 2025)

Companies similar to Kotak Mahindara Life Insurance for Agency Partner

Latest annual salaries shared by Kotak Mahindara Life Insurance Agency Partner

Experience wise Kotak Mahindara Life Insurance Agency Partner salaries

Similar Designation salaries in Kotak Mahindara Life Insurance

Top skills at Kotak Mahindara Life Insurance for Agency Partner

Salary related reviews for Kotak Mahindara Life Insurance

Agency Partner in Kolkata

Agency Partner in Kolkata, Metro Tower Branch

Agency Partner in Kolkata, Metro Tower Branch

Agency Partner in Kolkata

Agency Partner in Lucknow

Kotak Mahindara Life Insurance Agency Partner Salary FAQs

Tell us how to improve this page.

Kotak Mahindara Life Insurance Agency Partner Salaries by Location