Monthly In-hand Salary
21% more than the average Area Manager Salary in Insurance Companies for 5 - 24 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Area Manager Salary
6 - 19
years
exp.
(12
salaries)
|  ₹5.4 L/yr - ₹19.7 L/yr |
Sales & Business Development
Area Manager Salary
8 - 24
years
exp.
(10
salaries)
| ₹5.5 L/yr - ₹18 L/yr |
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| |
Finance & Accounting
Area Manager Salary
11 - 12
years
exp.
(AmbitionBox Estimate)
| ₹8.2 L/yr - ₹13.2 L/yr |
Companies similar to Kotak Mahindara Life Insurance for Area Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Area Manager Salary
1 - 17 years exp. (376 salaries) | ₹5.8 L/yr - ₹13.2 L/yr 
17%
less | 32 job openings |
 Axis Max Life Insurance Area Manager Salary
6 - 18 years exp. (270 salaries) | ₹4.2 L/yr - ₹13.5 L/yr
31%
less | |
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| ||
 Bajaj Allianz Life Insurance Area Manager Salary
6 - 17 years exp. (211 salaries) | ₹5 L/yr - ₹16.5 L/yr
16%
less | |
 SBI Life Insurance Company Area Manager Salary
6 - 18 years exp. (246 salaries) | ₹5.4 L/yr - ₹14.5 L/yr
23%
less | |
 Tata AIA Life Insurance Area Manager Salary
6 - 17 years exp. (179 salaries) | ₹6 L/yr - ₹17.7 L/yr
2%
less | 1 job opening |
 Aditya Birla Sun Life Insurance Area Manager Salary
3 - 10 years exp. (129 salaries) | ₹4.5 L/yr - ₹10 L/yr
42%
less | |
 Reliance Nippon Life Insurance Area Manager Salary
10 - 19 years exp. (86 salaries) | ₹9 L/yr - ₹21.4 L/yr 
18%
more | |
 Shriram Life Insurance Area Manager Salary
6 - 17 years exp. (44 salaries) | ₹3.7 L/yr - ₹11 L/yr
45%
less | |
 Star Health & Allied Insurance Area Manager Salary
8 - 19 years exp. (47 salaries) | ₹5.7 L/yr - ₹22 L/yr
9%
more | |
 ICICI Lombard General Insurance Company Area Manager Salary
8 - 17 years exp. (43 salaries) | ₹6.8 L/yr - ₹20 L/yr
6%
more | |
 HDFC Ergo General Insurance Area Manager Salary
5 - 20 years exp. (40 salaries) | ₹6 L/yr - ₹12.5 L/yr
24%
less | |
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| ||
 HDFC Life Area Manager Salary
10 - 11 years exp. (36 salaries) | ₹7.7 L/yr - ₹19 L/yr
3%
more | |
 Aditya Birla Insurance Brokers Area Manager Salary
2 - 9 years exp. (11 salaries) | ₹4.5 L/yr - ₹6.3 L/yr
54%
less | |
 Kotak Mahindra General Insurance Area Manager Salary
11 - 13 years exp. (5 salaries) | ₹10.3 L/yr - ₹17 L/yr
5%
more | |
 Spectrum Insurance Distribution Area Manager Salary
4 - 17 years exp. (5 salaries) | ₹3.7 L/yr - ₹11 L/yr
34%
less | |
 Aegon Religare Life Insurance Area Manager Salary
16 - 20 years exp. (3 salaries) | ₹10 L/yr - ₹20 L/yr
14%
more | |
Latest annual salaries shared by Kotak Mahindara Life Insurance Area Manager
Experience wise Kotak Mahindara Life Insurance Area Manager salaries
Last Updated: 3 Apr 2025
| Experience | Avg Annual Salary |
|---|---|
| 5 years (AmbitionBox Estimate) |
₹8.3
L/yr
- ₹10.6
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹8.5
L/yr
- ₹10.9
L/yr
|
Login to view exact salary
| |
| 7 years (AmbitionBox Estimate) |
₹8.8
L/yr
- ₹11.2
L/yr
|
| 8 years (4 salaries) |
₹6
L/yr
- ₹12.5
L/yr
|
| 9 years (AmbitionBox Estimate) |
₹9.2
L/yr
- ₹11.8
L/yr
|
Similar Designation salaries in Kotak Mahindara Life Insurance
Top skills at Kotak Mahindara Life Insurance for Area Manager
Salary related reviews for Kotak Mahindara Life Insurance
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Top trending discussions
Kotak Mahindara Life Insurance Area Manager Salary FAQs
The top 10% of Area Manager at Kotak Mahindara Life Insurance earn more than ₹17.3 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Area Manager 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 30+ Kotak Mahindara Life Insurance employees in India.
- - Distributor Handling
- - Life Insurance
- - Channel Sales
- - Distributor Sales
- - Agency Channel
These skills are highly valued at Kotak Mahindara Life Insurance and are crucial for successful performance in a Software Engineering role.
| Reliance Nippon Life Insurance | ₹9.0 Lakhs to ₹21.4 Lakhs per year |
| Aegon Religare Life Insurance | ₹10.0 Lakhs to ₹20.0 Lakhs per year |
| Star Health & Allied Insurance | ₹5.7 Lakhs to ₹22.0 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹6.8 Lakhs to ₹20.0 Lakhs per year |
| Kotak Mahindra General Insurance | ₹10.3 Lakhs to ₹17.0 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.
| HDFC Life | ₹7.7 Lakhs to ₹19.0 Lakhs per year |
| Tata AIA Life Insurance | ₹6.0 Lakhs to ₹17.7 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹5.0 Lakhs to ₹16.5 Lakhs per year |
| ICICI Prudential Life Insurance | ₹5.8 Lakhs to ₹13.2 Lakhs per year |
| SBI Life Insurance Company | ₹5.4 Lakhs to ₹14.5 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.
| Experience | Average Salary Range |
|---|---|
| 5 years | ₹8.3 Lakhs to ₹10.6 Lakhs per year |
| 6 years | ₹8.5 Lakhs to ₹10.9 Lakhs per year |
| 7 years | ₹8.8 Lakhs to ₹11.2 Lakhs per year |
| 8 years | ₹6.0 Lakhs to ₹12.5 Lakhs per year |
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Kotak Mahindara Life Insurance Area Manager Salaries by Location
- Kotak Mahindara Life Insurance Area Manager salaries in Ahmedabad
- Kotak Mahindara Life Insurance Area Manager salaries in Chennai
- Kotak Mahindara Life Insurance Area Manager salaries in Siliguri
- Kotak Mahindara Life Insurance Area Manager salaries in Kannur
- Kotak Mahindara Life Insurance Area Manager salaries in Guwahati
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Kotak Mahindara Life Insurance Area Manager salary
in
India
ranges between ₹5
Lakhs to ₹21
Lakhs with an average annual salary of
₹. Salary estimates are based on
32
Kotak Mahindara Life Insurance latest salaries received from various employees of
Kotak Mahindara Life Insurance.