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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Assistant Sales Manager salaries in India

Annual salary range
0 - 10 years exp.
₹1.3 Lakh - ₹4 Lakhs
Salary of majority employees
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51% less than the average Assistant Sales Manager Salary in Insurance Companies for 0 - 10 years of experience

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Salaries in different departments

Sales & Business Development
Assistant Sales Manager Salary
5 - 6 years exp. (3 salaries)
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₹2.4 L/yr - ₹4 L/yr

BFSI, Investments & Trading
Assistant Sales Manager Salary
0 - 2 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3 L/yr

Marketing & Communication
Assistant Sales Manager Salary
1 - 10 years exp. (AmbitionBox Estimate)
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₹1.3 L/yr - ₹3.5 L/yr

Last Updated: 11 Jun 2024

Companies similar to Kotak Mahindara Life Insurance for Assistant Sales Manager

Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹5.8 L/yr

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HDFC Life Assistant Sales Manager Salary

1 - 10 years exp. (413 salaries)

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₹2.5 L/yr - ₹6 L/yr

arrow icon 54% more
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₹1.9 L/yr - ₹6.5 L/yr

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₹2.4 L/yr - ₹5.2 L/yr

arrow icon 31% more
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₹1.9 L/yr - ₹3.5 L/yr

arrow icon 30% less
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₹1.8 L/yr - ₹3 L/yr

arrow icon 24% less
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₹2.5 L/yr - ₹5 L/yr

arrow icon 11% more
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₹2.8 L/yr - ₹5.9 L/yr

arrow icon 52% more
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PNB MetLife Assistant Sales Manager Salary

0 - 6 years exp. (17 salaries)

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₹2 L/yr - ₹4.6 L/yr

arrow icon 2% more
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₹3.3 L/yr - ₹10.2 L/yr

arrow icon 83% more
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₹2.6 L/yr - ₹5.3 L/yr

arrow icon 23% more
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₹0.8 L/yr - ₹3 L/yr

arrow icon 44% less
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₹2.4 L/yr - ₹3 L/yr

arrow icon 13% less
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₹2.7 L/yr - ₹4.1 L/yr

arrow icon 11% more
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₹3.5 L/yr - ₹7.5 L/yr

arrow icon 72% more
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₹2.5 L/yr - ₹5 L/yr

arrow icon 14% more
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₹2.9 L/yr - ₹5.5 L/yr

arrow icon 60% more
Assistant Sales Manager salary at Kotak Mahindara Life Insurance ranges between ₹1.3 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 14 latest salaries received from various employees of Kotak Mahindara Life Insurance.

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

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6 years exp.
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5 years exp.
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Experience wise Kotak Mahindara Life Insurance Assistant Sales Manager salaries

Last Updated: 11 Jun 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.8 L/yr - ₹5.6 L/yr
1 year (AmbitionBox Estimate)

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₹2 L/yr - ₹3.5 L/yr
2 years  (4 salaries)

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₹2.6 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹5.5 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹3.5 L/yr - ₹10 L/yr
Zonal Sales Manager Salary
(AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.7 L/yr
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₹4.8 L/yr - ₹18 L/yr
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₹3 L/yr - ₹6.8 L/yr
Sales Manager Salary
(544 salaries)
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₹1.65 L/yr - ₹6.28 L/yr
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₹12.5 L/yr - ₹22 L/yr
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₹3.3 L/yr - ₹6.2 L/yr
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₹5.39 L/yr - ₹14 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹25.7 L/yr - ₹32.8 L/yr
Branch Manager Salary
(208 salaries)
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₹4.5 L/yr - ₹13 L/yr

Top skills at Kotak Mahindara Life Insurance for Assistant Sales Manager

Excel

Salary related reviews for Kotak Mahindara Life Insurance

3.5

Rated by 3 employees for salary & benefits

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."

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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..

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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.

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BFSI, Investments & Trading Department

4.0
  •  posted on 16 Jun 2020

2.0
 for  Salary and Benefits

Likes

...fe.Team mates are supportive. This is the second appraisal but mine is not done. Till now no salary hike which demotivate employee .work culture is good.

read more

Dislikes

Politics.low or no salary hike. Appraise are not done fairly. No defined timing to work.

read more
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Kotak Mahindara Life Insurance Assistant Sales Manager Salary FAQs

What is the salary of Assistant Sales Manager at Kotak Mahindara Life Insurance?
Assistant Sales Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹1.3 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 51% less than the average Assistant Sales Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Assistant Sales Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Assistant Sales Manager at Kotak Mahindara Life Insurance is 51% less than the average salary of a Assistant Sales Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Assistant Sales Manager at Kotak Mahindara Life Insurance?
Excel is a popular skill required to work as a Assistant Sales Manager at Kotak Mahindara Life Insurance.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Assistant Sales Manager in India?
  • Life Insurance Corporation of India Assistant Sales Manager Salary - ₹3.3 Lakhs to ₹10.2 Lakhs per year
  • SBI Life Insurance Company Assistant Sales Manager Salary - ₹1.9 Lakhs to ₹6.5 Lakhs per year
  • ICICI Lombard General Insurance Company Assistant Sales Manager Salary - ₹3.5 Lakhs to ₹7.5 Lakhs per year
  • Aditya Birla Insurance Brokers Assistant Sales Manager Salary - ₹2.9 Lakhs to ₹5.5 Lakhs per year
  • HDFC Life Assistant Sales Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Assistant Sales Manager in companies similar to Kotak Mahindara Life Insurance in India?
  • Tata AIA Life Insurance Assistant Sales Manager Salary - ₹2.8 Lakhs to ₹5.9 Lakhs per year
  • ICICI Prudential Life Insurance Assistant Sales Manager Salary - ₹4.0 Lakhs to ₹5.8 Lakhs per year
  • Max Life Insurance Assistant Sales Manager Salary - ₹2.4 Lakhs to ₹5.2 Lakhs per year
  • HDFC Ergo General Insurance Assistant Sales Manager Salary - ₹2.6 Lakhs to ₹5.3 Lakhs per year
  • Care Health Insurance Assistant Sales Manager Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
What is the estimated take home salary of a Assistant Sales Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Assistant Sales Manager at Kotak Mahindara Life Insurance ranges between ₹21,539 per month to ₹23,030 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Assistant Sales Manager salary in India which ranges between ₹1.3 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?
What is the notice period for Assistant Sales Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 44% of the Kotak Mahindara Life Insurance Assistant Sales Managers reported a notice period of 1 Month, 23% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Assistant Sales Manager salary in India ranges between ₹1.3 Lakh to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.