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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Bancassurance Sales Manager salaries in Bhubaneswar

Annual salary range
2 - 8 years exp.
₹3.3 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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At par with the average Bancassurance Sales Manager Salary in Insurance Companies for 2 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Bancassurance Sales Manager Salary
3 - 8 years exp. (3 salaries)
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₹3.3 L/yr - ₹4.5 L/yr

Sales & Business Development
Bancassurance Sales Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.2 L/yr

Last Updated: 21 Sep 2024

Bancassurance Sales Manager salary at Kotak Mahindara Life Insurance ranges between ₹3.3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 8 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 Bancassurance Sales Manager in Bhubaneswar

3mo ago
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2 years exp.
7mo ago
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8 years exp.
1y ago
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4 years exp.
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3 years exp.

Experience wise Kotak Mahindara Life Insurance Bancassurance Sales Manager salaries in Bhubaneswar

Last Updated: 21 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4.2 L/yr
3 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.8 L/yr
4 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
View all

Top skills at Kotak Mahindara Life Insurance for Bancassurance Sales Manager

Life Insurance banca sales Insurance Sales Bancassurance Cross Sales Cross Selling banca Agency Sales Relationship Management Direct Sales Alternate Channel Banking Sales Business Development Sales Agency Channel

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."

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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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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.

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Dislikes

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

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Insurance Department

4.0
  •  posted on 11 Apr 2021

4.0
 for  Salary and Benefits

Likes

Skill development learning,work life balance,compensation and benefits,company culture is good,career growth is there,employee behaviour is good,fast growth in business along with career goal setting,promotion achievement etc

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Dislikes

Too much work pressure while doing job, target setting along with achievement is very much important,job security depends upon the performane of it,lots of politics occurs in the management .

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Kotak Mahindara Life Insurance Bancassurance Sales Manager Salary FAQs

What is the salary of Bancassurance Sales Manager at Kotak Mahindara Life Insurance Bhubaneswar?
Bancassurance Sales Manager salary at Kotak Mahindara Life Insurance in Bhubaneswar ranges between ₹3.3 Lakhs to ₹4.5 Lakhs for experience between 2 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance Bhubaneswar.
What are the top skills required to work as a Bancassurance Sales Manager at Kotak Mahindara Life Insurance?
Life Insurance, banca sales, Insurance Sales, Bancassurance and Cross Sales are some of the popular skills required to work as a Bancassurance Sales Manager at Kotak Mahindara Life Insurance Bhubaneswar.
What is the estimated take home salary of a Bancassurance Sales Manager at Kotak Mahindara Life Insurance in Bhubaneswar?
The estimated take-home salary of a Bancassurance Sales Manager at Kotak Mahindara Life Insurance ranges between ₹27,622 per month to ₹29,022 per month in Bhubaneswar. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Bancassurance Sales Manager salary in India which ranges between ₹3.3 Lakhs to ₹4.5 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 Bancassurance Sales Manager at Kotak Mahindara Life Insurance in Bhubaneswar?
According to AmbitionBox, 50% of the Kotak Mahindara Life Insurance Bancassurance Sales Managers in Bhubaneswar reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Bancassurance Sales Manager salary in Bhubaneswar ranges between ₹3.3 Lakhs to ₹4.5 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.