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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Agency Sales Manager salaries in India

Annual salary range
2 - 8 years exp.
₹2.2 Lakhs - ₹4.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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At par with the average Agency Sales Manager Salary in Insurance Companies for 2 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Agency Sales Manager Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹3.2 L/yr

Customer Success, Service & Operations
Agency Sales Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.4 L/yr

Sales & Business Development
Agency Sales Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.2 L/yr

Last Updated: 2 Jan 2025

Companies similar to Kotak Mahindara Life Insurance for Agency Sales Manager

Company name Avg Annual Salary Open Jobs
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₹2.9 L/yr - ₹6.3 L/yr

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HDFC Life Agency Sales Manager Salary

1 - 7 years exp. (11 salaries)

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₹3.2 L/yr - ₹5 L/yr

arrow icon 11% more
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₹3.3 L/yr - ₹3.8 L/yr

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1 job opening
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₹3 L/yr - ₹4 L/yr

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₹2.4 L/yr - ₹5 L/yr

arrow icon 7% less
1 job opening
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₹1.5 L/yr - ₹3 L/yr

arrow icon 38% less
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₹3 L/yr - ₹3 L/yr

arrow icon 15% less
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₹3.2 L/yr - ₹6.1 L/yr

arrow icon 10% more
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₹5.1 L/yr - ₹8.1 L/yr

arrow icon 68% more
4 job openings
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 21% less
Agency Sales Manager salary at Kotak Mahindara Life Insurance ranges between ₹2.2 Lakhs to ₹4.7 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Agency Sales Manager

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8 years exp.
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3 years exp.
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4 years exp.
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2 years exp.

Experience wise Kotak Mahindara Life Insurance Agency Sales Manager salaries

Last Updated: 2 Jan 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4.9 L/yr
3 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.4 L/yr
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Similar Designation salaries in Kotak Mahindara Life Insurance

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₹3.5 L/yr - ₹10 L/yr
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₹3 L/yr - ₹6.77 L/yr
Sales Manager Salary
(529 salaries)
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₹1.65 L/yr - ₹5.75 L/yr
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₹2.3 L/yr - ₹4.12 L/yr
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₹4.8 L/yr - ₹18 L/yr
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₹9.58 L/yr - ₹22 L/yr
Area Manager Salary
(22 salaries)
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₹5.18 L/yr - ₹17.2 L/yr
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₹5.39 L/yr - ₹7.25 L/yr
Branch Manager Salary
(196 salaries)
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₹4.5 L/yr - ₹12.3 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹25.7 L/yr - ₹32.8 L/yr

Top skills at Kotak Mahindara Life Insurance for Agency Sales Manager

Agency Sales Life Insurance Sales Field Sales Business Development Tied Channel Agency Channel Insurance Sales agency development Development Management Sales Management Business Development Management agency bdm Channel Sales

Salary related reviews for Kotak Mahindara Life Insurance

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

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

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

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..

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

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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.

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
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Kotak Mahindara Life Insurance Agency Sales Manager Salary FAQs

What is the salary of Agency Sales Manager at Kotak Mahindara Life Insurance?
Agency Sales Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹2.2 Lakhs to ₹4.7 Lakhs for experience between 2 years to 8 years. According to our estimates it is 1% less than the average Agency Sales Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Agency Sales Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Agency Sales Manager at Kotak Mahindara Life Insurance is 1% less than the average salary of a Agency Sales Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Agency Sales Manager at Kotak Mahindara Life Insurance?
Agency Sales, Life Insurance, Sales, Field Sales and Business Development are some of the popular skills required to work as a Agency Sales Manager at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Agency Sales Manager in India?
  • ICICI Lombard General Insurance Company Agency Sales Manager Salary - ₹5.1 Lakhs to ₹8.1 Lakhs per year
  • ICICI Prudential Life Insurance Agency Sales Manager Salary - ₹2.9 Lakhs to ₹6.3 Lakhs per year
  • HDFC Life Agency Sales Manager Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year
  • HDFC Ergo General Insurance Agency Sales Manager Salary - ₹3.2 Lakhs to ₹6.1 Lakhs per year
  • Max Life Insurance Agency Sales Manager Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
What is the salary of a Agency Sales Manager in companies similar to Kotak Mahindara Life Insurance in India?
  • SBI Life Insurance Company Agency Sales Manager Salary - ₹3.3 Lakhs to ₹3.8 Lakhs per year
  • Bajaj Allianz Life Insurance Agency Sales Manager Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Agency Sales Manager Salary - ₹3.0 Lakhs to ₹3.0 Lakhs per year
  • Star Health & Allied Insurance Agency Sales Manager Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
  • Reliance Nippon Life Insurance Agency Sales Manager Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Agency Sales Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Agency Sales Manager at Kotak Mahindara Life Insurance ranges between ₹26,089 per month to ₹27,511 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Agency Sales Manager salary in India which ranges between ₹2.2 Lakhs to ₹4.7 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Agency Sales Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 50% of the Kotak Mahindara Life Insurance Agency Sales Managers reported a notice period of 1 Month, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Agency Sales Manager salary in India ranges between ₹2.2 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.