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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Branch Managing Partner salaries in India

Annual salary range
2 - 15 years exp.
₹5.2 Lakhs - ₹11 Lakhs
Salary of majority employees
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At par with the average Branch Managing Partner Salary in Insurance Companies for 2 - 15 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Branch Managing Partner Salary
3 - 15 years exp. (19 salaries)
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₹5.7 L/yr - ₹11 L/yr

BFSI, Investments & Trading
Branch Managing Partner Salary
4 - 12 years exp. (6 salaries)
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₹5.2 L/yr - ₹10 L/yr

Marketing & Communication
Branch Managing Partner Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹5.5 L/yr - ₹6.5 L/yr

Teaching & Training
Branch Managing Partner Salary
8 - 15 years exp. (AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.3 L/yr

Last Updated: 20 Dec 2024

Branch Managing Partner salary at Kotak Mahindara Life Insurance ranges between ₹5.2 Lakhs to ₹11 Lakhs per year for employees with experience between 2 years to 15 years. Salary estimates are based on 33 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Branch Managing Partner

1mo ago
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5 years exp.
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7 years exp.
2mo ago
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12 years exp.
4mo ago
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8 years exp.
5mo ago
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6 years exp.
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6 years exp.
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8 years exp.
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12 years exp.
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14 years exp.
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6 years exp.

Experience wise Kotak Mahindara Life Insurance Branch Managing Partner salaries

Last Updated: 20 Dec 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹12.1 L/yr
3 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹12.2 L/yr
4 years  (3 salaries)

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₹5.7 L/yr - ₹12.3 L/yr
5 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹7 L/yr
6 years  (6 salaries)

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₹5.5 L/yr - ₹10 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Branch Manager Salary
(201 salaries)
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₹4.5 L/yr - ₹12.3 L/yr
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₹3 L/yr - ₹7 L/yr
Area Manager Salary
(21 salaries)
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₹4.94 L/yr - ₹19.05 L/yr
Sales Manager Salary
(537 salaries)
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₹2.4 L/yr - ₹6 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹25.7 L/yr - ₹32.8 L/yr
Branch Head Salary
(10 salaries)
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₹8.5 L/yr - ₹14 L/yr
Deputy Manager Salary
(940 salaries)
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₹2 L/yr - ₹5.8 L/yr
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₹3.3 L/yr - ₹6.2 L/yr
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₹9.1 L/yr - ₹14.25 L/yr
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₹4 L/yr - ₹13.8 L/yr

Top skills at Kotak Mahindara Life Insurance for Branch Managing Partner

Marking Life Insurance Material Science Agency Management Proposal Development Hydraulics ICF

Salary related reviews for Kotak Mahindara Life Insurance

4.0

Rated by 14 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.

  • Company culture - Good

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
  • Salary - Bad
    +2 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

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  • Skill development - Poor
    +4 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..

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Dislikes

I like nothing about them.. I m with my word..

  • Salary - Bad
    +6 more

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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  • Salary - Poor
    +5 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.

  • Salary - Good
    +5 more

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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Kotak Mahindara Life Insurance Branch Managing Partner Salary FAQs

What is the salary of Branch Managing Partner at Kotak Mahindara Life Insurance?
Branch Managing Partner salary at Kotak Mahindara Life Insurance in India ranges between ₹5.2 Lakhs to ₹11.0 Lakhs for experience between 2 years to 15 years. According to our estimates it is 1% less than the average Branch Managing Partner Salary in India. Salary estimates are based on 33 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Branch Managing Partner at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Branch Managing Partner at Kotak Mahindara Life Insurance is 1% less than the average salary of a Branch Managing Partner in India. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Managing Partner at Kotak Mahindara Life Insurance?
Marking, Life Insurance, Material Science, Agency Management and Proposal Development are some of the popular skills required to work as a Branch Managing Partner at Kotak Mahindara Life Insurance India.
What is the estimated take home salary of a Branch Managing Partner at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Branch Managing Partner at Kotak Mahindara Life Insurance ranges between ₹52,463 per month to ₹53,766 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Branch Managing Partner salary in India which ranges between ₹5.2 Lakhs to ₹11.0 Lakhs per year for employees with experience between 2 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Branch Managing Partner at Kotak Mahindara Life Insurance?
According to AmbitionBox, 48% of the Kotak Mahindara Life Insurance Branch Managing Partners reported a notice period of 1 Month, 36% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 44 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Branch Managing Partner salary in India ranges between ₹5.2 Lakhs to ₹11 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 33 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.