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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Business Development and Recruitment Manager salaries in India

Annual salary range
4 - 9 years exp.
₹2.8 Lakhs - ₹4.6 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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27% less than the average Business Development and Recruitment Manager Salary in Insurance Companies for 4 - 9 years of experience

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Salaries in different departments

Sales & Business Development
Business Development and Recruitment Manager Salary
4 - 9 years exp. (4 salaries)
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₹3.6 L/yr - ₹4.6 L/yr

BFSI, Investments & Trading
Business Development and Recruitment Manager Salary
5 - 9 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹4.6 L/yr

Last Updated: 29 Oct 2024

Business Development and Recruitment Manager salary at Kotak Mahindara Life Insurance ranges between ₹2.8 Lakhs to ₹4.6 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Business Development and Recruitment Manager

2mo ago
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6 years exp.
4mo ago
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5 years exp.
1y ago
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9 years exp.
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4 years exp.
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9 years exp.
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5 years exp.

Experience wise Kotak Mahindara Life Insurance Business Development and Recruitment Manager salaries

Last Updated: 29 Oct 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹6.7 L/yr
6 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.7 L/yr
8 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
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Similar Designation salaries in Kotak Mahindara Life Insurance

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₹2.65 L/yr - ₹8.5 L/yr
Deputy Manager Salary
(939 salaries)
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₹2 L/yr - ₹5.9 L/yr
Senior Software Engineer Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Software Developer Salary
(AmbitionBox Estimate)
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₹4.6 L/yr - ₹5.9 L/yr
Assistant Professor Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
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₹4 L/yr - ₹15 L/yr
Officer Salary
(6 salaries)
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₹3 L/yr - ₹4.5 L/yr
Analyst Salary
(4 salaries)
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₹2.6 L/yr - ₹15.8 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

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

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

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Aug 2024

2.0
 for  Salary and Benefits

Likes

Kotak Life learning with colleagues and seniors, helpful people. New innovations happening in business and product teams.

read more

Dislikes

Human Resources and employees understanding. Human resource donot do anything for employees just gives threat on every occasion to employees for salary hold. New generation should not join this company as ther are better HR polices elsewhere Some department like IT areas slow,no future thought processes. As HR polices are so bad that even your managers and head of department are weak and toothless for any new initiatives

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Full Time

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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

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 18 Nov 2024

1.0
 for  Salary and Benefits

Likes

work life balance and the culture of the organization

Dislikes

Salary not up to the mark. not paid as per industry standard. additional branches, additional works given without proper hike in salary. Branches have poor depressing culture, no celebration, revenue generating teams at branches are recognized, not the backend teams irrespective of their contribution to the success. Overall branches are not happy place to work.

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Kotak Mahindara Life Insurance Business Development and Recruitment Manager Salary FAQs

What is the salary of Business Development and Recruitment Manager at Kotak Mahindara Life Insurance?
Business Development and Recruitment Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹2.8 Lakhs to ₹4.6 Lakhs for experience between 4 years to 9 years. According to our estimates it is 27% less than the average Business Development and Recruitment Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Business Development and Recruitment Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Business Development and Recruitment Manager at Kotak Mahindara Life Insurance is 27% less than the average salary of a Business Development and Recruitment Manager in India. To know exact salary insights, login to view.
What is the estimated take home salary of a Business Development and Recruitment Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Business Development and Recruitment Manager at Kotak Mahindara Life Insurance ranges between ₹29,239 per month to ₹30,614 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Business Development and Recruitment Manager salary in India which ranges between ₹2.8 Lakhs to ₹4.6 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Business Development and Recruitment Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Business Development and Recruitment Managers reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Business Development and Recruitment Manager salary in India ranges between ₹2.8 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.