Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Kotak Mahindara Life Insurance Team. If you also belong to the team, you can get access from here
3.8

based on 2.7k Reviews

filter salariesFilter salaries by

Kotak Mahindara Life Insurance Circle Manager salaries in India

Annual salary range
10 - 17 years exp.
₹8.4 Lakhs - ₹15.5 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

16% less than the average Circle Manager Salary in Insurance Companies for 10 - 17 years of experience

Interested in this particular role?

Last Updated: 6 Sep 2024

Companies similar to Kotak Mahindara Life Insurance for Circle Manager

Company name Avg Annual Salary Open Jobs
Logo
HDFC Life Circle Manager Salary

8 - 16 years exp. (10 salaries)

unlock blur

₹11 L/yr - ₹19 L/yr

arrow icon 35% more
Logo
Max Life Insurance Circle Manager Salary

8 - 18 years exp. (8 salaries)

unlock blur

₹7.5 L/yr - ₹14 L/yr

arrow icon 6% more
Logo
unlock blur

₹10.9 L/yr - ₹18 L/yr

arrow icon 38% more
unlock blur

₹18 L/yr - ₹21 L/yr

arrow icon 84% more
Logo
Tata AIA Life Insurance Circle Manager Salary

8 - 19 years exp. (99 salaries)

unlock blur

₹9.2 L/yr - ₹18 L/yr

arrow icon 50% more
Logo
PNB MetLife Circle Manager Salary

12 - 18 years exp. (121 salaries)

unlock blur

₹9 L/yr - ₹17 L/yr

arrow icon 30% more
unlock blur

₹4.3 L/yr - ₹21.4 L/yr

arrow icon 13% more
unlock blur

₹6.7 L/yr - ₹9.9 L/yr

arrow icon 25% less
Circle Manager salary at Kotak Mahindara Life Insurance ranges between ₹8.4 Lakhs to ₹15.5 Lakhs per year for employees with experience between 10 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Circle Manager

3mo ago
avg blur mobile
13 years exp.
4mo ago
avg blur mobile
10 years exp.
1y ago
avg blur mobile
12 years exp.
1y ago
avg blur mobile
17 years exp.

Experience wise Kotak Mahindara Life Insurance Circle Manager salaries

Last Updated: 6 Sep 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

unlock blur

₹7.6 L/yr - ₹9.7 L/yr
12 years (AmbitionBox Estimate)

unlock blur

₹8.3 L/yr - ₹10.6 L/yr
13 years (AmbitionBox Estimate)

unlock blur

₹8.5 L/yr - ₹10.9 L/yr
15+ years (AmbitionBox Estimate)

unlock blur

₹14 L/yr - ₹17.8 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Area Manager Salary
(21 salaries)
unlock blur
₹4.94 L/yr - ₹17.4 L/yr
Sales Manager Salary
(530 salaries)
unlock blur
₹1.65 L/yr - ₹6.28 L/yr
Branch Manager Salary
(199 salaries)
unlock blur
₹4.5 L/yr - ₹13 L/yr
Deputy Manager Salary
(859 salaries)
unlock blur
₹2 L/yr - ₹5.69 L/yr
unlock blur
₹9.58 L/yr - ₹22 L/yr
unlock blur
₹3.3 L/yr - ₹6.2 L/yr
unlock blur
₹3 L/yr - ₹6.77 L/yr
unlock blur
₹3.5 L/yr - ₹10 L/yr
unlock blur
₹3.5 L/yr - ₹7 L/yr
unlock blur
₹15.38 L/yr - ₹20 L/yr

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..

read more

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

read 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.

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.

read more

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.

read more

Dislikes

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

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Kotak Mahindara Life Insurance Circle Manager Salary FAQs

What is the salary of Circle Manager at Kotak Mahindara Life Insurance?
Circle Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹8.4 Lakhs to ₹15.5 Lakhs for experience between 10 years to 17 years. According to our estimates it is 16% less than the average Circle Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Circle Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Circle Manager at Kotak Mahindara Life Insurance is 16% less than the average salary of a Circle Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Circle Manager in India?
  • Aditya Birla Sun Life Insurance Circle Manager Salary - ₹18.0 Lakhs to ₹21.0 Lakhs per year
  • Tata AIA Life Insurance Circle Manager Salary - ₹9.2 Lakhs to ₹18.0 Lakhs per year
  • Bajaj Allianz Life Insurance Circle Manager Salary - ₹10.9 Lakhs to ₹18.0 Lakhs per year
  • HDFC Life Circle Manager Salary - ₹11.0 Lakhs to ₹19.0 Lakhs per year
  • PNB MetLife Circle Manager Salary - ₹9.0 Lakhs to ₹17.0 Lakhs per year
What is the salary of a Circle Manager in companies similar to Kotak Mahindara Life Insurance in India?
  • HDFC Ergo General Insurance Circle Manager Salary - ₹4.3 Lakhs to ₹21.4 Lakhs per year
  • Max Life Insurance Circle Manager Salary - ₹7.5 Lakhs to ₹14.0 Lakhs per year
  • ICICI Lombard General Insurance Company Circle Manager Salary - ₹6.7 Lakhs to ₹9.9 Lakhs per year
What is the estimated take home salary of a Circle Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Circle Manager at Kotak Mahindara Life Insurance ranges between ₹76,388 per month to ₹78,368 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Circle Manager salary in India which ranges between ₹8.4 Lakhs to ₹15.5 Lakhs per year for employees with experience between 10 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Circle Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Circle Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Circle Manager salary in India ranges between ₹8.4 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.