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Kotak Mahindara Life Insurance Circle Manager salaries in New Delhi

Annual salary range
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₹8.3 Lakhs - ₹10.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary (AmbitionBox Estimate)
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This is an estimate of the average salary for this position. The actual salary may differ.
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Last Updated: 2 Oct 2023

Companies similar to Kotak Mahindara Life Insurance for Circle Manager in New Delhi

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Kotak Mahindara Life Insurance Circle Manager Salary

12 years exp. (AmbitionBox Estimate)

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₹8.3 L/yr - ₹10.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Tata AIA Life Insurance Circle Manager Salary

10 - 18 years exp. (11 salaries)

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₹11 L/yr - ₹18 L/yr

arrow icon 70% more
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PNB MetLife Circle Manager Salary

14 - 18 years exp. (9 salaries)

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₹12.9 L/yr - ₹17 L/yr

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1 job opening
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Tata AIG Circle Manager Salary

5 - 13 years exp. (6 salaries)

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₹5.5 L/yr - ₹12.2 L/yr

arrow icon 8% less
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Kotak Mahindra Bank Circle Manager Salary

13 - 18 years exp. (3 salaries)

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₹15 L/yr - ₹34 L/yr

arrow icon 156% more
Circle Manager salary at Kotak Mahindara Life Insurance ranges between ₹8.3 Lakhs to ₹10.6 Lakhs per year for employees with 12 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Similar Designation salaries in Kotak Mahindara Life Insurance

Sales Manager Salary
(136 salaries)
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₹2.5 L/yr - ₹5.6 L/yr
Deputy Manager Salary
(50 salaries)
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₹2 L/yr - ₹5.63 L/yr
Branch Manager Salary
(18 salaries)
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₹7.5 L/yr - ₹11.5 L/yr
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₹4.2 L/yr - ₹5.75 L/yr
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₹11.76 L/yr - ₹20.7 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.

  • 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.

read more
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Kotak Mahindara Life Insurance Circle Manager Salary FAQs

How the salary growth look like for a Circle Manager at Kotak Mahindara Life Insurance in New Delhi?
The salary growth for a Circle Manager at Kotak Mahindara Life Insurance in New Delhi depends on factors such as experience, performance, and promotions. On average, a Circle Manager in New Delhi can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
12 years ₹8.3 Lakhs to ₹10.6 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Circle Manager salary in New Delhi ranges between ₹8.3 Lakhs to ₹10.6 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindara Life Insurance.