Kotak Mahindara Life Insurance Chief Managing Partner Salaries by 100+ Employees (Updated 2025)

5 - 12 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 - 12 years of experience

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Salaries in different departments

Sales & Business Development Chief Managing Partner Salary 5 - 12 years exp. (62 salaries)	Unlock ₹4.8 L/yr - ₹10 L/yr
BFSI, Investments & Trading Chief Managing Partner Salary 5 - 12 years exp. (51 salaries)	Unlock ₹5 L/yr - ₹8.5 L/yr
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Finance & Accounting Chief Managing Partner Salary 5 - 12 years exp. (8 salaries)	Unlock ₹5.7 L/yr - ₹7.9 L/yr
Marketing & Communication Chief Managing Partner Salary 6 - 9 years exp. (8 salaries)	Unlock ₹5.4 L/yr - ₹6.7 L/yr

Last Updated: 2 Mar 2025

Companies similar to Kotak Mahindara Life Insurance for Chief Managing Partner

Company name	Avg Annual Salary	Open Jobs
Reliance Nippon Life Insurance Chief Managing Partner Salary 3 - 16 years exp. (9 salaries)	Unlock ₹4.7 L/yr - ₹6 L/yr 19% less

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 12 years. Salary estimates are based on 154 latest salaries received from various employees of Kotak Mahindara Life Insurance.

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

1w ago

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9 years exp.

1w ago

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11 years exp.

1w ago

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9 years exp.

2w ago

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6 years exp.

3w ago

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9 years exp.

3w ago

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7 years exp.

3w ago

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8 years exp.

3w ago

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12 years exp.

1mo ago

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10 years exp.

1mo ago

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10 years exp.

Experience wise Kotak Mahindara Life Insurance Chief Managing Partner salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
5 years (20 salaries)	Unlock ₹5 L/yr - ₹8.1 L/yr
6 years (21 salaries)	Unlock ₹4.7 L/yr - ₹9.3 L/yr
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7 years (21 salaries)	Unlock ₹5 L/yr - ₹8 L/yr
8 years (23 salaries)	Unlock ₹5.3 L/yr - ₹9 L/yr
9 years (22 salaries)	Unlock ₹5.2 L/yr - ₹8.5 L/yr
10 years (23 salaries)	Unlock ₹4.8 L/yr - ₹10 L/yr
11 years (16 salaries)	Unlock ₹6 L/yr - ₹8.5 L/yr
12 years (8 salaries)	Unlock ₹5.2 L/yr - ₹7 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

Marketing Manager Salary

(5 salaries)

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₹3.5 L/yr - ₹7 L/yr

Regional Manager Salary

(12 salaries)

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₹10.31 L/yr - ₹22 L/yr

Branch Manager Salary

(201 salaries)

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₹4.5 L/yr - ₹13.5 L/yr

Area Sales Manager Salary

(8 salaries)

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₹3.5 L/yr - ₹8.4 L/yr

Deputy Manager Salary

(947 salaries)

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₹2 L/yr - ₹6.25 L/yr

Business Manager Salary

(4 salaries)

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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

Senior Sales Manager Salary

(60 salaries)

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₹3 L/yr - ₹6.77 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 30 employees for salary & benefits

Sales Manager in Mumbai

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."

Salary - Bad

+2 more

Deputy Manager in Mumbai

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

Skill development - Poor

+4 more

Relationship Manager in Kolkata

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..

Dislikes

I like nothing about them.. I m with my word..

Salary - Bad

+6 more

Deputy Manager in Thane

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

Salary - Poor

+5 more

Senior Sales Manager in New Delhi

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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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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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 12 years. According to our estimates it is 6% more than the average Chief Managing Partner Salary in India. Salary estimates are based on 154 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 ₹51,662 per month to ₹52,879 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 12 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, 74% of the Kotak Mahindara Life Insurance Chief Managing Partners reported a notice period of 1 Month, 13% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 151 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Chief Managing Partner Salaries by Location

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Kotak Mahindara Life Insurance Chief Managing Partner Salaries

Kotak Mahindara Life Insurance Chief Managing Partner salary in India ranges between ₹4.7 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 154 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

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

Companies similar to Kotak Mahindara Life Insurance for Chief Managing Partner

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

Experience wise Kotak Mahindara Life Insurance Chief Managing Partner salaries

Similar Designation salaries in Kotak Mahindara Life Insurance

Top skills at Kotak Mahindara Life Insurance for Chief Managing Partner

Salary related reviews for Kotak Mahindara Life Insurance

Sales Manager in Mumbai

Deputy Manager in Mumbai

Relationship Manager in Kolkata

Deputy Manager in Thane

Senior Sales Manager in New Delhi

Kotak Mahindara Life Insurance Chief Managing Partner Salary FAQs

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