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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Chief Managing Partner salaries in India

Annual salary range
5 - 14 years exp.
₹4.7 Lakhs - ₹10 Lakhs
Salary of majority employees
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6% more than the average Chief Managing Partner Salary in Insurance Companies for 5 - 14 years of experience

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Salaries in different departments

Sales & Business Development
Chief Managing Partner Salary
5 - 13 years exp. (62 salaries)
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₹4.8 L/yr - ₹10 L/yr

BFSI, Investments & Trading
Chief Managing Partner Salary
5 - 14 years exp. (55 salaries)
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₹5 L/yr - ₹8.5 L/yr

Finance & Accounting
Chief Managing Partner Salary
5 - 12 years exp. (10 salaries)
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₹5.7 L/yr - ₹10 L/yr

Marketing & Communication
Chief Managing Partner Salary
6 - 9 years exp. (8 salaries)
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₹5.4 L/yr - ₹6.5 L/yr

Last Updated: 31 Jan 2025

Companies similar to Kotak Mahindara Life Insurance for Chief Managing Partner

Company name Avg Annual Salary Open Jobs
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₹4.7 L/yr - ₹6 L/yr

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Chief Managing Partner salary at Kotak Mahindara Life Insurance ranges between ₹4.7 Lakhs to ₹10 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 160 latest salaries received from various employees of Kotak Mahindara Life Insurance.

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

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9 years exp.
4d ago
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10 years exp.
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5 years exp.
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10 years exp.
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6 years exp.
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7 years exp.
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12 years exp.
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8 years exp.
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10 years exp.
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9 years exp.

Experience wise Kotak Mahindara Life Insurance Chief Managing Partner salaries

Last Updated: 31 Jan 2025

Experience Avg Annual Salary
5 years  (21 salaries)

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₹5 L/yr - ₹8.1 L/yr
6 years  (24 salaries)

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₹4.7 L/yr - ₹9.3 L/yr
7 years  (20 salaries)

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₹5 L/yr - ₹8 L/yr
8 years  (22 salaries)

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₹5.3 L/yr - ₹9 L/yr
9 years  (21 salaries)

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₹5.2 L/yr - ₹10 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Area Manager Salary
(21 salaries)
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₹4.94 L/yr - ₹19.05 L/yr
Sales Manager Salary
(538 salaries)
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₹2.4 L/yr - ₹6 L/yr
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₹3.5 L/yr - ₹7 L/yr
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₹10.31 L/yr - ₹22 L/yr
Branch Manager Salary
(200 salaries)
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₹4.5 L/yr - ₹12.3 L/yr
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₹4 L/yr - ₹13.8 L/yr
Deputy Manager Salary
(939 salaries)
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₹2 L/yr - ₹5.69 L/yr
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₹3.3 L/yr - ₹6.2 L/yr
Zonal Sales Manager Salary
(AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.7 L/yr
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₹3 L/yr - ₹6.8 L/yr

Top skills at Kotak Mahindara Life Insurance for Chief Managing Partner

Sales Agent Recruitment Agency Channel Life Insurance Insurance Sales Marking Agency Sales

Salary related reviews for Kotak Mahindara Life Insurance

3.4

Rated by 26 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

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 Chief Managing Partner Salary FAQs

What is the salary of Chief Managing Partner at Kotak Mahindara Life Insurance?
Chief Managing Partner salary at Kotak Mahindara Life Insurance in India ranges between ₹4.7 Lakhs to ₹10.0 Lakhs for experience between 5 years to 14 years. According to our estimates it is 6% more than the average Chief Managing Partner Salary in India. Salary estimates are based on 160 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Chief Managing Partner at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Chief Managing Partner at Kotak Mahindara Life Insurance is 6% more than the average salary of a Chief Managing Partner in India. To know exact salary insights, login to view.
What are the top skills required to work as a Chief Managing Partner at Kotak Mahindara Life Insurance?
Sales, Agent Recruitment, Agency Channel, Life Insurance and Insurance Sales are some of the popular skills required to work as a Chief Managing Partner at Kotak Mahindara Life Insurance India.
What is the salary of a Chief Managing Partner in companies similar to Kotak Mahindara Life Insurance in India?
  • Reliance Nippon Life Insurance Chief Managing Partner Salary - ₹4.7 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Chief Managing Partner at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Chief Managing Partner at Kotak Mahindara Life Insurance ranges between ₹51,752 per month to ₹52,972 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Chief Managing Partner salary in India which ranges between ₹4.7 Lakhs to ₹10.0 Lakhs per year for employees with experience between 5 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Chief Managing Partner at Kotak Mahindara Life Insurance?
According to AmbitionBox, 75% of the Kotak Mahindara Life Insurance Chief Managing Partners reported a notice period of 1 Month, 12% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 150 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Chief Managing Partner salary in India ranges between ₹4.7 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 160 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.