Kotak Mahindara Life Insurance Lucknow Agency Partner Salaries by 4 Employees

0 - 4 years exp.

₹2 Lakhs - ₹3.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

5% more than the average Agency Partner Salary in Insurance Companies for 0 - 4 years of experience

Interested in this particular role?

Last Updated: 17 Mar 2023

Companies similar to Kotak Mahindara Life Insurance for Agency Partner in Lucknow

Kotak Mahindara Life Insurance Agency Partner Salary

0 - 4 years exp. (4 salaries)

₹2 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Sun Life Insurance Agency Partner Salary 0 - 3 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr 9% more
Aditya Birla Group Agency Partner Salary 0 - 3 years exp. (3 salaries)	₹2 L/yr - ₹3.2 L/yr 10% less
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Aditya Birla Capital Agency Partner Salary 1 - 4 years exp. (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 16% less

Agency Partner salary at Kotak Mahindara Life Insurance ranges between ₹2 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Agency Partner salaries in Lucknow

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Life Advisor Salary

(4 salaries)

₹1 L/yr - ₹3.25 L/yr

Deputy Manager Operations Salary

(3 salaries)

₹4 L/yr - ₹4.3 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

2.0

Rated by 1 employees for salary & benefits

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Kotak Mahindara Life Insurance Agency Partner Salary FAQs

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

The average salary of a Agency Partner at Kotak Mahindara Life Insurance in Lucknow typically ranges from ₹2.0 Lakhs to ₹3.6 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Agency Partner in Lucknow at Kotak Mahindara Life Insurance earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 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 4 Kotak Mahindara Life Insurance employees in India.

What is the estimated take home salary of a Agency Partner at Kotak Mahindara Life Insurance in Lucknow?

The estimated take-home salary of a Agency Partner at Kotak Mahindara Life Insurance in Lucknow typically ranges from ₹23,224 to ₹24,689 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from Fresher to 4 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 4 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 in Lucknow?

To be a Agency Partner at Kotak Mahindara Life Insurance in Lucknow, 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?

Aditya Birla Sun Life Insurance

₹3.0 Lakhs to ₹5.0 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 Lucknow?

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

Aditya Birla Group	₹2.0 Lakhs to ₹3.2 Lakhs per year
Aditya Birla Capital	₹1.5 Lakhs to ₹3.5 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 Lucknow?

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

Experience	Average Salary Range
Fresher	₹2.5 Lakhs to ₹3.2 Lakhs per year
1 year	₹2.6 Lakhs to ₹3.3 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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Kotak Mahindara Life Insurance Agency Partner Salaries in Lucknow

Kotak Mahindara Life Insurance Agency Partner salary in Lucknow ranges between ₹2 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.