Kotak Mahindara Life Insurance Mumbai Agency Partner Salaries by 4 Employees (Updated 2024)

1 - 5 years exp.

₹1 Lakh - ₹3.2 Lakhs

Salary of majority employees

At par with the average Agency Partner Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Agency Partner Salary 2 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.5 L/yr
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Finance & Accounting Agency Partner Salary 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.5 L/yr

Last Updated: 21 Oct 2023

Agency Partner salary at Kotak Mahindara Life Insurance ranges between ₹1 Lakh to ₹3.2 Lakhs per year for employees with experience between 1 year to 5 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 Mumbai

Last Updated: 21 Oct 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹5.8 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Deputy Manager Salary

(436 salaries)

₹2 L/yr - ₹5.69 L/yr

Sales Manager Salary

(67 salaries)

₹2.6 L/yr - ₹6.22 L/yr

Branch Manager Salary

(19 salaries)

₹6 L/yr - ₹11 L/yr

Team Lead Salary

(7 salaries)

₹2.4 L/yr - ₹6 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

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

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.

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.

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.

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Kotak Mahindara Life Insurance Agency Partner Salary FAQs

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

Agency Partner salary at Kotak Mahindara Life Insurance in Mumbai ranges between ₹1.0 Lakhs to ₹3.2 Lakhs for experience between 1 years to 5 years. According to our estimates it is 3% less than the average Agency Partner Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance Mumbai.

How does the salary of a Agency Partner at Kotak Mahindara Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Agency Partner at Kotak Mahindara Life Insurance is 3% less than the average salary of a Agency Partner in Mumbai. 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 Mumbai.

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

The estimated take-home salary of a Agency Partner at Kotak Mahindara Life Insurance ranges between ₹22,036 per month to ₹23,519 per month in Mumbai. 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 ₹3.2 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Agency Partner at Kotak Mahindara Life Insurance in Mumbai?

According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Agency Partners in Mumbai reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Agency Partner Salaries in Mumbai

Kotak Mahindara Life Insurance Agency Partner salary in Mumbai ranges between ₹1 Lakh to ₹3.2 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.