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

Annual salary range
5 - 16 years exp.
₹7 Lakhs - ₹10.2 Lakhs
Salary of majority employees
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48% less than the average Chief Manager Salary in Insurance Companies for 5 - 16 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Chief Manager Salary
13 - 16 years exp. (3 salaries)
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₹7 L/yr - ₹10.5 L/yr

BFSI, Investments & Trading
Chief Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹10 L/yr

Sales & Business Development
Chief Manager Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹9.4 L/yr

Last Updated: 4 Jan 2025

Companies similar to Kotak Mahindara Life Insurance for Chief Manager in Bhopal

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Kotak Mahindara Life Insurance Chief Manager Salary

5 - 16 years exp. (8 salaries)

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₹7 L/yr - ₹10.2 L/yr

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Chief Manager salary at Kotak Mahindara Life Insurance ranges between ₹7 Lakhs to ₹10.2 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Chief Manager in Bhopal

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10 years exp.
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15 years exp.
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16 years exp.
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9 years exp.
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13 years exp.
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Experience wise Kotak Mahindara Life Insurance Chief Manager salaries in Bhopal

Last Updated: 4 Jan 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹7 L/yr - ₹17.7 L/yr
6 years (AmbitionBox Estimate)

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₹7 L/yr - ₹17.8 L/yr
7 years (AmbitionBox Estimate)

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₹8.9 L/yr - ₹11.4 L/yr
8 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹17.9 L/yr
9 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹17.9 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹7.7 L/yr - ₹9.32 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

Salary related reviews for Kotak Mahindara Life Insurance

3.0

Rated by 2 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.

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  • 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

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  • 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.

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  • 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.

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Kotak Mahindara Life Insurance Chief Manager Salary FAQs

What is the salary of Chief Manager at Kotak Mahindara Life Insurance Bhopal?
Chief Manager salary at Kotak Mahindara Life Insurance in Bhopal ranges between ₹7.0 Lakhs to ₹10.2 Lakhs for experience between 5 years to 16 years. According to our estimates it is 48% less than the average Chief Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindara Life Insurance Bhopal.
How does the salary of a Chief Manager at Kotak Mahindara Life Insurance Bhopal compare with the average salary range for this job?
The average salary of a Chief Manager at Kotak Mahindara Life Insurance is 48% less than the average salary of a Chief Manager in Bhopal. 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 Bhopal.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Chief Manager in Bhopal?
  • Union Bank of India Chief Manager Salary - ₹22.0 Lakhs to ₹29.4 Lakhs per year
  • Bank of India Chief Manager Salary - ₹20.0 Lakhs to ₹28.6 Lakhs per year
  • Reliance Nippon Life Insurance Chief Manager Salary - ₹10.7 Lakhs to ₹13.7 Lakhs per year
  • Dainik Bhaskar Group Chief Manager Salary - ₹11.5 Lakhs to ₹15.0 Lakhs per year
What is the estimated take home salary of a Chief Manager at Kotak Mahindara Life Insurance in Bhopal?
The estimated take-home salary of a Chief Manager at Kotak Mahindara Life Insurance ranges between ₹71,840 per month to ₹73,691 per month in Bhopal. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Chief Manager salary in India which ranges between ₹7.0 Lakhs to ₹10.2 Lakhs per year for employees with experience between 5 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Chief Manager at Kotak Mahindara Life Insurance in Bhopal?
According to AmbitionBox, 75% of the Kotak Mahindara Life Insurance Chief Managers in Bhopal reported a notice period of 1 Month, 25% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Chief Manager salary in Bhopal ranges between ₹7 Lakhs to ₹10.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.