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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Chief Managing Partner salaries in Bangalore / Bengaluru

Annual salary range
4 - 8 years exp.
₹6 Lakhs - ₹8 Lakhs
Salary of majority employees
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12% more than the average Chief Managing Partner Salary in Insurance Companies for 4 - 8 years of experience

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Salaries in different departments

Sales & Business Development
Chief Managing Partner Salary
5 - 7 years exp. (3 salaries)
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₹6.5 L/yr - ₹7 L/yr

BFSI, Investments & Trading
Chief Managing Partner Salary
8 years exp. (AmbitionBox Estimate)
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₹6.7 L/yr - ₹8 L/yr

Last Updated: 6 Nov 2024

Chief Managing Partner salary at Kotak Mahindara Life Insurance ranges between ₹6 Lakhs to ₹8 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Chief Managing Partner in Bangalore / Bengaluru

1mo ago
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8 years exp.
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7 years exp.
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5 years exp.
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7 years exp.
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4 years exp.
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5 years exp.

Experience wise Kotak Mahindara Life Insurance Chief Managing Partner salaries in Bangalore / Bengaluru

Last Updated: 6 Nov 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹6 L/yr - ₹12.1 L/yr
5 years (AmbitionBox Estimate)

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

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₹6.1 L/yr - ₹7.8 L/yr
7 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹8 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Sales Manager Salary
(68 salaries)
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₹3 L/yr - ₹5.75 L/yr
Deputy Manager Salary
(57 salaries)
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₹2.5 L/yr - ₹5.5 L/yr
Branch Manager Salary
(24 salaries)
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₹5.3 L/yr - ₹11.12 L/yr
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₹5.2 L/yr - ₹6.05 L/yr
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₹3.5 L/yr - ₹4 L/yr
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₹14.64 L/yr - ₹22 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

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

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

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..

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Dislikes

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

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

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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.

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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BFSI, Investments & Trading Department

4.0
  •  posted on 16 Jun 2020

2.0
 for  Salary and Benefits

Likes

...fe.Team mates are supportive. This is the second appraisal but mine is not done. Till now no salary hike which demotivate employee .work culture is good.

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Dislikes

Politics.low or no salary hike. Appraise are not done fairly. No defined timing to work.

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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 Bangalore / Bengaluru?
Chief Managing Partner salary at Kotak Mahindara Life Insurance in Bangalore / Bengaluru ranges between ₹6.0 Lakhs to ₹8.0 Lakhs for experience between 4 years to 8 years. According to our estimates it is 12% more than the average Chief Managing Partner Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance Bangalore / Bengaluru.
How does the salary of a Chief Managing Partner at Kotak Mahindara Life Insurance Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Chief Managing Partner at Kotak Mahindara Life Insurance is 12% more than the average salary of a Chief Managing Partner in Bangalore / Bengaluru. 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 Bangalore / Bengaluru.
What is the estimated take home salary of a Chief Managing Partner at Kotak Mahindara Life Insurance in Bangalore / Bengaluru?
The estimated take-home salary of a Chief Managing Partner at Kotak Mahindara Life Insurance ranges between ₹52,344 per month to ₹53,577 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Chief Managing Partner salary in India which ranges between ₹6.0 Lakhs to ₹8.0 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Chief Managing Partner at Kotak Mahindara Life Insurance in Bangalore / Bengaluru?
According to AmbitionBox, 67% of the Kotak Mahindara Life Insurance Chief Managing Partners in Bangalore / Bengaluru reported a notice period of 1 Month, 22% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Chief Managing Partner salary in Bangalore / Bengaluru ranges between ₹6 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.