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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Associate Vice President Sales salaries in India

Annual salary range
14 - 24 years exp.
₹10.9 Lakhs - ₹21.4 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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46% less than the average Associate Vice President Sales Salary in Insurance Companies for 14 - 24 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Kotak Mahindara Life Insurance for Associate Vice President Sales

Company name Avg Annual Salary Open Jobs
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₹26 L/yr - ₹31 L/yr

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HDFC Life Associate Vice President Sales Salary

14 - 17 years exp. (5 salaries)

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₹27 L/yr - ₹43 L/yr

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₹11.5 L/yr - ₹15 L/yr

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₹14.2 L/yr - ₹16.5 L/yr

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₹16.5 L/yr - ₹19.3 L/yr

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₹16 L/yr - ₹27 L/yr

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Associate Vice President Sales salary at Kotak Mahindara Life Insurance ranges between ₹10.9 Lakhs to ₹21.4 Lakhs per year for employees with experience between 14 years to 24 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Associate Vice President Sales

1y ago
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18 years exp.
1y ago
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17 years exp.
1y ago
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14 years exp.

Experience wise Kotak Mahindara Life Insurance Associate Vice President Sales salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹17.1 L/yr
15+ years  (3 salaries)

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₹6.5 L/yr - ₹21.4 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹3.5 L/yr - ₹10 L/yr
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₹2 L/yr - ₹10.76 L/yr
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₹5.39 L/yr - ₹14 L/yr
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₹4.8 L/yr - ₹18 L/yr
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₹3 L/yr - ₹6.77 L/yr
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₹3.3 L/yr - ₹6.2 L/yr
Sales Executive Salary
(35 salaries)
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₹0.8 L/yr - ₹4.55 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹25.7 L/yr - ₹32.8 L/yr
Branch Manager Salary
(211 salaries)
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₹4.5 L/yr - ₹12.81 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

3.0

Rated by 1 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."

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

read more

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 Associate Vice President Sales Salary FAQs

What is the salary of Associate Vice President Sales at Kotak Mahindara Life Insurance?
Associate Vice President Sales salary at Kotak Mahindara Life Insurance in India ranges between ₹10.9 Lakhs to ₹21.4 Lakhs for experience between 14 years to 24 years. According to our estimates it is 46% less than the average Associate Vice President Sales Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Associate Vice President Sales at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Associate Vice President Sales at Kotak Mahindara Life Insurance is 46% less than the average salary of a Associate Vice President Sales in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Associate Vice President Sales in India?
  • HDFC Life Associate Vice President Sales Salary - ₹27.0 Lakhs to ₹43.0 Lakhs per year
  • ICICI Prudential Life Insurance Associate Vice President Sales Salary - ₹26.0 Lakhs to ₹31.0 Lakhs per year
  • ICICI Lombard General Insurance Company Associate Vice President Sales Salary - ₹16.0 Lakhs to ₹27.0 Lakhs per year
  • Reliance Nippon Life Insurance Associate Vice President Sales Salary - ₹16.5 Lakhs to ₹19.3 Lakhs per year
  • Max Life Insurance Associate Vice President Sales Salary - ₹14.2 Lakhs to ₹16.5 Lakhs per year
What is the salary of a Associate Vice President Sales in companies similar to Kotak Mahindara Life Insurance in India?
  • SBI Life Insurance Company Associate Vice President Sales Salary - ₹11.5 Lakhs to ₹15.0 Lakhs per year
What is the estimated take home salary of a Associate Vice President Sales at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Associate Vice President Sales at Kotak Mahindara Life Insurance ranges between ₹1,00,398 per month to ₹1,03,132 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Associate Vice President Sales salary in India which ranges between ₹10.9 Lakhs to ₹21.4 Lakhs per year for employees with experience between 14 years to 24 years. Check how did we calculate take home salary?
What is the notice period for Associate Vice President Sales at Kotak Mahindara Life Insurance?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Associate Vice President Saless reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Associate Vice President Sales salary in India ranges between ₹10.9 Lakhs to ₹21.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.