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Kotak Mahindara Life Insurance Chief Manager salaries in India (Updated 2025)

Annual salary range
0 - 17 years exp.
₹5.1 Lakhs - ₹18.5 Lakhs
Salary of majority employees
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50% less than the average Chief Manager Salary in Insurance Companies for 0 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Chief Manager Salary
0 - 16 years exp. (112 salaries)
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₹4.5 L/yr - ₹18.5 L/yr

Sales & Business Development
Chief Manager Salary
0 - 16 years exp. (87 salaries)
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₹5 L/yr - ₹15 L/yr

Finance & Accounting
Chief Manager Salary
1 - 15 years exp. (44 salaries)
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₹7.5 L/yr - ₹17 L/yr

Marketing & Communication
Chief Manager Salary
0 - 16 years exp. (23 salaries)
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₹5.3 L/yr - ₹16.5 L/yr

Customer Success, Service & Operations
Chief Manager Salary
2 - 17 years exp. (22 salaries)
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₹7 L/yr - ₹14 L/yr

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Last Updated: 8 Mar 2025

Companies similar to Kotak Mahindara Life Insurance for Chief Manager

Company name Avg Annual Salary Open Jobs
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₹14.5 L/yr - ₹40 L/yr

arrow icon 139% more
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HDFC Life Chief Manager Salary

5 - 20 years exp. (217 salaries)

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₹11.1 L/yr - ₹30 L/yr

arrow icon 105% more
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₹17 L/yr - ₹40 L/yr

arrow icon 174% more
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Axis Max Life Insurance Chief Manager Salary

13 - 20 years exp. (134 salaries)

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₹11.9 L/yr - ₹31.8 L/yr

arrow icon 101% more
4 job openings
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₹12.5 L/yr - ₹38 L/yr

arrow icon 131% more
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₹7 L/yr - ₹25 L/yr

arrow icon 27% more
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₹12 L/yr - ₹32.5 L/yr

arrow icon 91% more
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PNB MetLife Chief Manager Salary

6 - 16 years exp. (55 salaries)

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₹14 L/yr - ₹30.6 L/yr

arrow icon 112% more
1 job opening
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₹10.3 L/yr - ₹19.8 L/yr

arrow icon 72% more
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Bharti AXA Life Insurance Chief Manager Salary

14 - 20 years exp. (4 salaries)

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₹11.6 L/yr - ₹15 L/yr

arrow icon 13% more
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Edelweiss Life Insurance Chief Manager Salary

4 - 18 years exp. (50 salaries)

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₹11 L/yr - ₹25 L/yr

arrow icon 45% more
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Kotak Mahindra Bank Chief Manager Salary

7 - 19 years exp. (877 salaries)

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₹8.8 L/yr - ₹28 L/yr

arrow icon 65% more
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Axis Bank Chief Manager Salary

9 - 15 years exp. (5 salaries)

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₹13 L/yr - ₹16.6 L/yr

arrow icon 46% more
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Standard Chartered Chief Manager Salary

6 - 18 years exp. (3 salaries)

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₹10 L/yr - ₹18 L/yr

arrow icon 39% more
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₹9.5 L/yr - ₹23 L/yr

arrow icon 47% more
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SBI General Insurance Chief Manager Salary

4 - 20 years exp. (59 salaries)

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₹11 L/yr - ₹27 L/yr

arrow icon 52% more
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₹8.3 L/yr - ₹18.5 L/yr

arrow icon 34% more
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₹5.4 L/yr - ₹23 L/yr

arrow icon 17% more
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₹8 L/yr - ₹25 L/yr

arrow icon 66% more
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₹20.8 L/yr - ₹26 L/yr

arrow icon 90% more
View all
Chief Manager salary at Kotak Mahindara Life Insurance ranges between ₹5.1 Lakhs to ₹18.5 Lakhs per year for employees with less than 1 year of experience to 17 years. Salary estimates are based on 472 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Chief Manager

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Experience wise Kotak Mahindara Life Insurance Chief Manager salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
Fresher  (12 salaries)

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₹7.5 L/yr - ₹15.5 L/yr
1 year  (9 salaries)

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₹7 L/yr - ₹15.5 L/yr
2 years  (22 salaries)

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₹6.2 L/yr - ₹15 L/yr
3 years  (34 salaries)

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₹5 L/yr - ₹14 L/yr
4 years  (31 salaries)

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₹5.2 L/yr - ₹15.5 L/yr
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Similar Designation salaries in Kotak Mahindara Life Insurance

Area Manager Salary
(26 salaries)
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₹5.7 L/yr - ₹17.9 L/yr
Sales Manager Salary
(555 salaries)
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₹2 L/yr - ₹6.28 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr
Cluster Manager Salary
(34 salaries)
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₹4.96 L/yr - ₹14.55 L/yr
Branch Manager Salary
(201 salaries)
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₹4.5 L/yr - ₹13.5 L/yr
Deputy Manager Salary
(947 salaries)
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₹2 L/yr - ₹6.25 L/yr
Territory Manager Salary
(AmbitionBox Estimate)
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₹14.2 L/yr - ₹18.2 L/yr
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₹2.65 L/yr - ₹8.5 L/yr
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₹3.5 L/yr - ₹8.4 L/yr
Sales Officer Salary
(8 salaries)
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₹1.5 L/yr - ₹4 L/yr

Top skills at Kotak Mahindara Life Insurance for Chief Manager

Field Work Agency Channel Channel Sales Channel Distribution Agency Management Soldier Activities UAT Test Cases Management Reporting Training Management Life Insurance Sales Training Risk Management Project Management Compliance
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Salary related reviews for Kotak Mahindara Life Insurance

3.3

Rated by 87 employees for salary & benefits

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
  • Job security - Excellent
  • +2 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

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 04 Apr 2024

3.0
 for  Salary and Benefits

Likes

Work life balance is okay. Good place to work in. Maximum professionally qualified employees.

  • Job security - Good
  • +1 more

Dislikes

No Employee benefits. Salary lower than industry standards. No comp off. Politics (common in every organisation) No work from home.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 27 Jul 2023

5.0
 for  Salary and Benefits

Likes

HR support is very good.. Salary amd Incentive payout

  • Salary - Excellent
  • +2 more

Dislikes

Kotak is big brand to work but few of the Senior Managers made the work culture worst just for their benefits... They doesn't have feelings about the pain of employees.

read more
  • Work satisfaction - Bad
  • +1 more

Insurance Department

4.0
  •  posted on 26 Mar 2021

2.0
 for  Salary and Benefits

Likes

Gives you ample opportunity and space to grow and learn. Leaders are respectful and open to your views. New exciting projects available in all departments to create impact Talent is recognised

read more
  • Job security - Excellent
  • +3 more

Dislikes

...ed behaviour Digital adoption is lacking On average, promotions take 3-4 years Salary hikes are limited Grand sounding designations/roles for e.g. deputy manager in peer company is senior manager here (for lesser salary) Talent is recognised but not adequately rewarded

read more
  • Salary - Poor
  • +2 more

BFSI, Investments & Trading Department

5.0
  •  posted on 13 Apr 2019

3.0
 for  Salary and Benefits

Likes

This company is ready to give you the freedom to explore as long as you are ready to give your commitment. KLI help your growth prospects in your career.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

The company needs to rebook at the pay scale of employees who have spent time with company and have grown up the ladder as they feel not matched up to others in the industry.

read more
see more salary related reviews

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Kotak Mahindara Life Insurance Chief Manager Salary FAQs

What is the salary of Chief Manager at Kotak Mahindara Life Insurance?
Chief Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹5.1 Lakhs to ₹18.5 Lakhs for less than 1 year of experience to 17 years. According to our estimates it is 50% less than the average Chief Manager Salary in India. Salary estimates are based on 472 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Chief Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Chief Manager at Kotak Mahindara Life Insurance is 50% less than the average salary of a Chief Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Chief Manager at Kotak Mahindara Life Insurance?
Field Work, Agency Channel, Channel Sales, Channel Distribution and Agency Management are some of the popular skills required to work as a Chief Manager at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Chief Manager in India?
  • SBI Life Insurance Company Chief Manager Salary - ₹17.0 Lakhs to ₹40.0 Lakhs per year
  • ICICI Prudential Life Insurance Chief Manager Salary - ₹14.5 Lakhs to ₹40.0 Lakhs per year
  • Bajaj Allianz Life Insurance Chief Manager Salary - ₹12.5 Lakhs to ₹38.0 Lakhs per year
  • PNB MetLife Chief Manager Salary - ₹14.0 Lakhs to ₹30.6 Lakhs per year
  • HDFC Life Chief Manager Salary - ₹11.1 Lakhs to ₹30.0 Lakhs per year
What is the salary of a Chief Manager in companies similar to Kotak Mahindara Life Insurance in India?
  • Axis Max Life Insurance Chief Manager Salary - ₹11.9 Lakhs to ₹31.8 Lakhs per year
  • Aditya Birla Sun Life Insurance Chief Manager Salary - ₹12.0 Lakhs to ₹32.5 Lakhs per year
  • Aditya Birla Insurance Brokers Chief Manager Salary - ₹20.8 Lakhs to ₹26.0 Lakhs per year
  • Ageas Federal Life Insurance Chief Manager Salary - ₹10.3 Lakhs to ₹19.8 Lakhs per year
  • Life Insurance Corporation of India Chief Manager Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
What is the estimated take home salary of a Chief Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Chief Manager at Kotak Mahindara Life Insurance ranges between ₹79,091 per month to ₹81,148 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Chief Manager salary in India which ranges between ₹5.1 Lakhs to ₹18.5 Lakhs per year for employees with less than 1 year of experience to 17 years. Check how did we calculate take home salary?
What is the notice period for Chief Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 54% of the Kotak Mahindara Life Insurance Chief Managers reported a notice period of 3 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 308 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Chief Manager salary in India ranges between ₹5.1 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 472 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.