Kotak Mahindara Life Insurance Executive Relationship Manager Salaries by 7 Employees (Updated 2025)

0 - 6 years exp.

₹4 Lakhs - ₹5.7 Lakhs

Low Confidence

Salary of majority employees

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24% more than the average Executive Relationship Manager Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Executive Relationship Manager Salary 0 - 6 years exp. (AmbitionBox Estimate)	Unlock ₹4.6 L/yr - ₹5.7 L/yr
Sales & Business Development Executive Relationship Manager Salary 1 - 4 years exp. (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹5 L/yr
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Marketing & Communication Executive Relationship Manager Salary 1 year exp. (AmbitionBox Estimate)	Unlock ₹4.7 L/yr - ₹5 L/yr

Last Updated: 19 Feb 2025

Companies similar to Kotak Mahindara Life Insurance for Executive Relationship Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Executive Relationship Manager Salary 1 - 4 years exp. (4 salaries)	Unlock ₹4 L/yr - ₹8.2 L/yr 24% more
HDFC Life Executive Relationship Manager Salary 5 - 7 years exp. (4 salaries)	Unlock ₹5.5 L/yr - ₹6.2 L/yr 24% more
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Bajaj Allianz Life Insurance Executive Relationship Manager Salary 0 - 10 years exp. (698 salaries)	Unlock ₹2.5 L/yr - ₹4.3 L/yr 22% less	10 job openings
Reliance Nippon Life Insurance Executive Relationship Manager Salary 0 - 9 years exp. (180 salaries)	Unlock ₹2.6 L/yr - ₹4 L/yr 27% less
Aditya Birla Sun Life Insurance Executive Relationship Manager Salary 0 - 6 years exp. (43 salaries)	Unlock ₹2.7 L/yr - ₹4 L/yr 31% less
Tata AIA Life Insurance Executive Relationship Manager Salary 2 - 9 years exp. (80 salaries)	Unlock ₹3.5 L/yr - ₹5.8 L/yr 6% more	5 job openings
PNB MetLife Executive Relationship Manager Salary 2 - 10 years exp. (64 salaries)	Unlock ₹4.5 L/yr - ₹6.2 L/yr 14% more
SBI General Insurance Executive Relationship Manager Salary 1 - 5 years exp. (4 salaries)	Unlock ₹3.2 L/yr - ₹4 L/yr 23% less

Executive Relationship Manager salary at Kotak Mahindara Life Insurance ranges between ₹4 Lakhs to ₹5.7 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Executive Relationship Manager salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹5 L/yr
1 year (3 salaries)	Unlock ₹4 L/yr - ₹5 L/yr
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2 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹8.3 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹4.2 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹1.9 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹4.2 L/yr - ₹5.4 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹1.9 L/yr - ₹5.7 L/yr

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Similar Designation salaries in Kotak Mahindara Life Insurance

Senior Relationship Manager Salary

(19 salaries)

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₹3.5 L/yr - ₹6.5 L/yr

Relationship Manager Salary

(211 salaries)

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₹1.75 L/yr - ₹7 L/yr

Relationship Officer Salary

(4 salaries)

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₹2.15 L/yr - ₹5 L/yr

Deputy Cluster Manager Salary

(6 salaries)

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₹5.05 L/yr - ₹9 L/yr

Deputy Sales Manager Salary

(4 salaries)

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₹3.5 L/yr - ₹5.5 L/yr

Executive Trainee Salary

(AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr

Business Sales Manager Salary

(AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr

Assistant Sales Manager Salary

(11 salaries)

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₹2.3 L/yr - ₹4.12 L/yr

Associate Sales Manager Salary

(AmbitionBox Estimate)

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₹1.5 L/yr - ₹2 L/yr

Business Development Manager Salary

(103 salaries)

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₹2.15 L/yr - ₹10.3 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

2.8

Rated by 3 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

Deputy Manager in Mumbai

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.

Skill development - Good

+1 more

Dislikes

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

Salary - Poor

+1 more

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Kotak Mahindara Life Insurance Executive Relationship Manager Salary FAQs

What is the salary of Executive Relationship Manager at Kotak Mahindara Life Insurance?

Executive Relationship Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹4.0 Lakhs to ₹5.7 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 24% more than the average Executive Relationship Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindara Life Insurance India.

How does the salary of a Executive Relationship Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?

The average salary of a Executive Relationship Manager at Kotak Mahindara Life Insurance is 24% more than the average salary of a Executive Relationship Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindara Life Insurance to a Executive Relationship Manager in India?

HDFC Life Executive Relationship Manager Salary - ₹5.5 Lakhs to ₹6.2 Lakhs per year
ICICI Prudential Life Insurance Executive Relationship Manager Salary - ₹4.0 Lakhs to ₹8.2 Lakhs per year
PNB MetLife Executive Relationship Manager Salary - ₹4.5 Lakhs to ₹6.2 Lakhs per year
Tata AIA Life Insurance Executive Relationship Manager Salary - ₹3.5 Lakhs to ₹5.8 Lakhs per year

What is the salary of a Executive Relationship Manager in companies similar to Kotak Mahindara Life Insurance in India?

Bajaj Allianz Life Insurance Executive Relationship Manager Salary - ₹2.5 Lakhs to ₹4.3 Lakhs per year
SBI General Insurance Executive Relationship Manager Salary - ₹3.2 Lakhs to ₹4.0 Lakhs per year
Reliance Nippon Life Insurance Executive Relationship Manager Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Sun Life Insurance Executive Relationship Manager Salary - ₹2.7 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Executive Relationship Manager at Kotak Mahindara Life Insurance in India?

The estimated take-home salary of a Executive Relationship Manager at Kotak Mahindara Life Insurance ranges between ₹34,927 per month to ₹36,168 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Executive Relationship Manager salary in India which ranges between ₹4.0 Lakhs to ₹5.7 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Executive Relationship Manager at Kotak Mahindara Life Insurance?

According to AmbitionBox, 71% of the Kotak Mahindara Life Insurance Executive Relationship Managers reported a notice period of 2 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Executive Relationship Manager Salaries

Kotak Mahindara Life Insurance Executive Relationship Manager salary in India ranges between ₹4 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

Kotak Mahindara Life Insurance Executive Relationship Manager salaries in India (Updated 2025)

Companies similar to Kotak Mahindara Life Insurance for Executive Relationship Manager

Latest annual salaries shared by Kotak Mahindara Life Insurance Executive Relationship Manager

Experience wise Kotak Mahindara Life Insurance Executive Relationship Manager salaries

Similar Designation salaries in Kotak Mahindara Life Insurance

Salary related reviews for Kotak Mahindara Life Insurance

Sales Manager in Mumbai

Deputy Manager in Mumbai

Relationship Manager in Kolkata

Deputy Manager in Thane

Deputy Manager in Mumbai

Kotak Mahindara Life Insurance Executive Relationship Manager Salary FAQs

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