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Kotak Mahindara Life Insurance Insurance Adviser salaries in India (Updated 2025)

Annual salary range
0 - 10 years exp.
₹0.9 Lakh - ₹7 Lakhs
Salary of majority employees
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10% more than the average Insurance Adviser Salary in Insurance Companies for 0 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Insurance Adviser Salary
2 - 3 years exp. (4 salaries)
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₹0.9 L/yr - ₹5 L/yr

Finance & Accounting
Insurance Adviser Salary
2 - 6 years exp. (3 salaries)
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₹1 L/yr - ₹4 L/yr

Aviation & Aerospace
Insurance Adviser Salary
0 - 8 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹4.8 L/yr

Marketing & Communication
Insurance Adviser Salary
3 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹5 L/yr

Sales & Business Development
Insurance Adviser Salary
Fresher (AmbitionBox Estimate)
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₹1 L/yr - ₹2.3 L/yr

Last Updated: 30 Jan 2025

Companies similar to Kotak Mahindara Life Insurance for Insurance Adviser

Company name Avg Annual Salary Open Jobs
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HDFC Life Insurance Adviser Salary

1 - 8 years exp. (68 salaries)

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₹1 L/yr - ₹5.3 L/yr

arrow icon 1% less
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₹0.7 L/yr - ₹6 L/yr

arrow icon 5% less
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₹0.9 L/yr - ₹5.5 L/yr

arrow icon 11% less
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₹1 L/yr - ₹5.8 L/yr

arrow icon 20% less
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₹1.1 L/yr - ₹5 L/yr

arrow icon 8% less
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₹0.9 L/yr - ₹7 L/yr

arrow icon 1% less
4 job openings
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₹0.8 L/yr - ₹5 L/yr

arrow icon 17% less
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₹1.3 L/yr - ₹5.5 L/yr

arrow icon 1% less
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₹1.5 L/yr - ₹5.8 L/yr

arrow icon 13% more
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₹1 L/yr - ₹5.5 L/yr

arrow icon 4% less
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₹1 L/yr - ₹3.5 L/yr

arrow icon 33% less
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₹1 L/yr - ₹5.5 L/yr

arrow icon 17% less
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₹1 L/yr - ₹4 L/yr

arrow icon 15% less
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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 16% less
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PNB MetLife Insurance Adviser Salary

1 - 7 years exp. (21 salaries)

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₹0.6 L/yr - ₹4.2 L/yr

arrow icon 15% less
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₹1.2 L/yr - ₹3.6 L/yr

arrow icon 31% less
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₹1.8 L/yr - ₹2.5 L/yr

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₹2.1 L/yr - ₹2.7 L/yr

arrow icon 29% less
Insurance Adviser salary at Kotak Mahindara Life Insurance ranges between ₹0.9 Lakh to ₹7 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 22 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Insurance Adviser

4w ago
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1 year exp.
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8 years exp.
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9 years exp.
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5 months exp.
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3 years exp.
5mo ago
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2 years exp.
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2 years exp.
11mo ago
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9 years exp.

Experience wise Kotak Mahindara Life Insurance Insurance Adviser salaries

Last Updated: 30 Jan 2025

Experience Avg Annual Salary
Fresher  (5 salaries)

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₹1 L/yr - ₹4.8 L/yr
1 year (AmbitionBox Estimate)

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₹2 L/yr - ₹3 L/yr
2 years  (6 salaries)

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₹0.9 L/yr - ₹5 L/yr
3 years  (3 salaries)

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₹2.4 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
View all

Top skills at Kotak Mahindara Life Insurance for Insurance Adviser

Life Insurance Sales Hiring HR Communication Skills Computer Skills Presentation Skills Sales Life Insurance Health Insurance Training Marketing Agent Recruitment Agency Sales Insurance
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Salary related reviews for Kotak Mahindara Life Insurance

3.8

Rated by 8 employees for salary & benefits

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

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 18 Nov 2024

1.0
 for  Salary and Benefits

Likes

work life balance and the culture of the organization

  • Job security - Good
  • +2 more

Dislikes

Salary not up to the mark. not paid as per industry standard. additional branches, additional works given without proper hike in salary. Branches have poor depressing culture, no celebration, revenue generating teams at branches are recognized, not the backend teams irrespective of their contribution to the success. Overall branches are not happy place to work.

read more
  • Salary - Bad
  • +1 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 01 May 2024

2.0
 for  Salary and Benefits

Likes

Nothing good to write about.

Dislikes

Can't even count the dislikes. 1. You are never sure that you will get your salary on time. HR can (by mistake) mistakes at time of salary credit. 2. Upper management lies alot. 3. You wont learn anything, if u have ideas of growth and benificial for the company (Forget It) 4. HR is just a word, the people of the department don't know what HR does for a change. 5. You will be promissed alot of things at time of joining, rest assured they are just a myth. This list can go on and on, i just don't wanna waste my time on them anymore.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Aug 2024

2.0
 for  Salary and Benefits

Likes

Kotak Life learning with colleagues and seniors, helpful people. New innovations happening in business and product teams.

read more
  • Job security - Excellent
  • +2 more

Dislikes

Human Resources and employees understanding. Human resource donot do anything for employees just gives threat on every occasion to employees for salary hold. New generation should not join this company as ther are better HR polices elsewhere Some department like IT areas slow,no future thought processes. As HR polices are so bad that even your managers and head of department are weak and toothless for any new initiatives

read more
  • Salary - Poor
  • +1 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
see more salary related reviews

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Kotak Mahindara Life Insurance Insurance Adviser Salary FAQs

What is the salary of Insurance Adviser at Kotak Mahindara Life Insurance?
Insurance Adviser salary at Kotak Mahindara Life Insurance in India ranges between ₹0.9 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 10% more than the average Insurance Adviser Salary in India. Salary estimates are based on 22 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Insurance Adviser at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Insurance Adviser at Kotak Mahindara Life Insurance is 10% more than the average salary of a Insurance Adviser in India. To know exact salary insights, login to view.
What are the top skills required to work as a Insurance Adviser at Kotak Mahindara Life Insurance?
Life Insurance, Sales, Hiring, HR and Communication Skills are some of the popular skills required to work as a Insurance Adviser at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Insurance Adviser in India?
  • HDFC Ergo General Insurance Insurance Adviser Salary - ₹1.5 Lakhs to ₹5.8 Lakhs per year
What is the salary of a Insurance Adviser in companies similar to Kotak Mahindara Life Insurance in India?
  • Life Insurance Corporation of India Insurance Adviser Salary - ₹0.9 Lakhs to ₹7.0 Lakhs per year
  • HDFC Life Insurance Adviser Salary - ₹1.0 Lakhs to ₹5.3 Lakhs per year
  • The New India Assurance Co. Insurance Adviser Salary - ₹1.3 Lakhs to ₹5.5 Lakhs per year
  • Aditya Birla Sun Life Insurance Insurance Adviser Salary - ₹1.0 Lakhs to ₹5.5 Lakhs per year
  • ICICI Prudential Life Insurance Insurance Adviser Salary - ₹0.7 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Insurance Adviser at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Insurance Adviser at Kotak Mahindara Life Insurance ranges between ₹23,506 per month to ₹24,967 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Insurance Adviser salary in India which ranges between ₹0.9 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?
What is the notice period for Insurance Adviser at Kotak Mahindara Life Insurance?
According to AmbitionBox, 74% of the Kotak Mahindara Life Insurance Insurance Advisers reported a notice period of 15 days or less, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 27 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Insurance Adviser salary in India ranges between ₹0.9 Lakh to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 22 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.