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Kotak Mahindara Life Insurance Business Development Manager salaries in Jaipur

Annual salary range
5 - 12 years exp.
₹3.6 Lakhs - ₹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.
Avg. annual salary
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Monthly In-hand Salary

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30% less than the average Business Development Manager Salary in Insurance Companies for 5 - 12 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading
Business Development Manager Salary
10 - 12 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹6 L/yr

Data Science & Analytics
Business Development Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹5.9 L/yr

Last Updated: 19 Sep 2024

Companies similar to Kotak Mahindara Life Insurance for Business Development Manager in Jaipur

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Kotak Mahindara Life Insurance Business Development Manager Salary

5 - 12 years exp. (3 salaries)

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₹3.6 L/yr - ₹6 L/yr

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BYJU'S Business Development Manager Salary

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₹4.9 L/yr - ₹14.4 L/yr

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Oyo Rooms Business Development Manager Salary

2 - 11 years exp. (60 salaries)

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₹3.8 L/yr - ₹12 L/yr

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4 job openings
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₹2.3 L/yr - ₹5 L/yr

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Meesho Business Development Manager Salary

2 - 7 years exp. (17 salaries)

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₹4.2 L/yr - ₹6.7 L/yr

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Business Development Manager salary at Kotak Mahindara Life Insurance ranges between ₹3.6 Lakhs to ₹6 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Business Development Manager in Jaipur

6mo ago
₹4 Lakhs
5 years exp.
7mo ago
₹6 Lakhs
12 years exp.
1y ago
₹3.6 Lakhs
10 years exp.

Experience wise Kotak Mahindara Life Insurance Business Development Manager salaries in Jaipur

Last Updated: 19 Sep 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
6 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
7 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.2 L/yr
9 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
View all

Top skills at Kotak Mahindara Life Insurance for Business Development Manager

Life Insurance Team Handling Bancassurance banca sales Team Handling Life Insurance Insurance Sales Territory Sales Business Development Management Salesforce Insurance Sales Bancassurance Branch Handling banca Leadership

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.

  • 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

read more
  • 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..

read more

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

read more
  • 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 Business Development Manager Salary FAQs

How the salary growth look like for a Business Development Manager at Kotak Mahindara Life Insurance in Jaipur?
The salary growth for a Business Development Manager at Kotak Mahindara Life Insurance in Jaipur depends on factors such as experience, performance, and promotions. On average, a Business Development Manager in Jaipur can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
5 years ₹4.4 Lakhs to ₹5.6 Lakhs per year
6 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
7 years ₹4.7 Lakhs to ₹6.0 Lakhs per year
8 years ₹4.9 Lakhs to ₹6.2 Lakhs per year
and so on.

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Kotak Mahindara Life Insurance Business Development Manager salary in Jaipur ranges between ₹3.6 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.