Kotak Mahindara Life Insurance Key Account Manager Salaries by 5 Employees (Updated 2025)

1 - 7 years exp.

₹7.2 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

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14% less than the average Key Account Manager Salary in Insurance Companies for 1 - 7 years of experience

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Last Updated: 29 May 2024

Companies similar to Kotak Mahindara Life Insurance for Key Account Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Key Account Manager Salary 0 - 7 years exp. (137 salaries)	Unlock ₹4.5 L/yr - ₹16.8 L/yr 29% more
HDFC Life Key Account Manager Salary 1 - 12 years exp. (133 salaries)	Unlock ₹6 L/yr - ₹19.2 L/yr 39% more
Login to view exact salary
SBI Life Insurance Company Key Account Manager Salary 1 - 16 years exp. (32 salaries)	Unlock ₹6 L/yr - ₹14 L/yr 16% more
Axis Max Life Insurance Key Account Manager Salary 1 - 10 years exp. (5 salaries)	Unlock ₹3.5 L/yr - ₹12.9 L/yr 4% less
Bajaj Allianz Life Insurance Key Account Manager Salary 2 - 8 years exp. (15 salaries)	Unlock ₹8.4 L/yr - ₹25.2 L/yr 81% more
Aditya Birla Sun Life Insurance Key Account Manager Salary 0 - 5 years exp. (4 salaries)	Unlock ₹3.2 L/yr - ₹6.3 L/yr 24% less
Tata AIA Life Insurance Key Account Manager Salary 0 - 9 years exp. (383 salaries)	Unlock ₹2.3 L/yr - ₹6 L/yr 46% less	86 job openings
PNB MetLife Key Account Manager Salary 7 - 8 years exp. (4 salaries)	Unlock ₹13 L/yr - ₹13.2 L/yr 65% more
SBI General Insurance Key Account Manager Salary 0 - 6 years exp. (26 salaries)	Unlock ₹6 L/yr - ₹13.8 L/yr 16% more	1 job opening
ICICI Lombard General Insurance Company Key Account Manager Salary 2 - 8 years exp. (5 salaries)	Unlock ₹5 L/yr - ₹13 L/yr 9% more
Shriram Life Insurance Key Account Manager Salary 3 - 7 years exp. (4 salaries)	Unlock ₹8.5 L/yr - ₹21 L/yr 93% more
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Star Health & Allied Insurance Key Account Manager Salary 5 - 8 years exp. (4 salaries)	Unlock ₹7 L/yr - ₹13 L/yr 33% more
HDFC Ergo General Insurance Key Account Manager Salary 5 - 9 years exp. (3 salaries)	Unlock ₹11.7 L/yr - ₹17 L/yr 75% more
Aditya Birla Insurance Brokers Key Account Manager Salary 3 - 6 years exp. (3 salaries)	Unlock ₹11.5 L/yr - ₹14 L/yr 54% more

Key Account Manager salary at Kotak Mahindara Life Insurance ranges between ₹7.2 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Key Account Manager salaries

Last Updated: 29 May 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹2.9 L/yr - ₹12.9 L/yr
2 years (AmbitionBox Estimate)	Unlock ₹6.7 L/yr - ₹8.5 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	Unlock ₹3.1 L/yr - ₹10.5 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹12 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹7.3 L/yr - ₹9.4 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹7.6 L/yr - ₹9.6 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹15.5 L/yr

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Top skills at Kotak Mahindara Life Insurance for Key Account Manager

Key Account Management B2B Sales Team Handling Corporate Sales Team Management Key Accounts

Salary related reviews for Kotak Mahindara Life Insurance

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

Recruitment Development Manager in Kalyan / Dombivli

Full Time

Other Department

5.0

• posted on 27 Jun 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 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

Sales Management Trainee in Hyderabad / Secunderabad

Life Insurance Department

5.0

• posted on 22 Apr 2022

4.0

for Salary and Benefits

Likes

...mates and manager also supportive and bring out best. Company policies are good. Get good salary hike and incentives.

Salary - Good

+6 more

Dislikes

There is nothing to say dislikes in our organization. From hr, manager, teammates all are very helpful always. In matters of career growth it will be little slow.

Senior Sales Manager in New Delhi

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.

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Kotak Mahindara Life Insurance Key Account Manager Salary FAQs

What is the salary of Key Account Manager at Kotak Mahindara Life Insurance?

Key Account Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹7.2 Lakhs to ₹12.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 14% less than the average Key Account Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance India.

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

The average salary of a Key Account Manager at Kotak Mahindara Life Insurance is 14% less than the average salary of a Key Account Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Key Account Manager at Kotak Mahindara Life Insurance?

Key Account Management, B2B Sales, Team Handling, Corporate Sales and Team Management are some of the popular skills required to work as a Key Account Manager at Kotak Mahindara Life Insurance India.

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

Shriram Life Insurance Key Account Manager Salary - ₹8.5 Lakhs to ₹21.0 Lakhs per year
Bajaj Allianz Life Insurance Key Account Manager Salary - ₹8.4 Lakhs to ₹25.2 Lakhs per year
HDFC Ergo General Insurance Key Account Manager Salary - ₹11.7 Lakhs to ₹17.0 Lakhs per year
PNB MetLife Key Account Manager Salary - ₹13.0 Lakhs to ₹13.2 Lakhs per year
Aditya Birla Insurance Brokers Key Account Manager Salary - ₹11.5 Lakhs to ₹14.0 Lakhs per year

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

HDFC Life Key Account Manager Salary - ₹6.0 Lakhs to ₹19.2 Lakhs per year
Star Health & Allied Insurance Key Account Manager Salary - ₹7.0 Lakhs to ₹13.0 Lakhs per year
ICICI Prudential Life Insurance Key Account Manager Salary - ₹4.5 Lakhs to ₹16.8 Lakhs per year
SBI General Insurance Key Account Manager Salary - ₹6.0 Lakhs to ₹13.8 Lakhs per year
SBI Life Insurance Company Key Account Manager Salary - ₹6.0 Lakhs to ₹14.0 Lakhs per year

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

The estimated take-home salary of a Key Account Manager at Kotak Mahindara Life Insurance ranges between ₹58,369 per month to ₹59,839 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Key Account Manager salary in India which ranges between ₹7.2 Lakhs to ₹12.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Key Account Manager at Kotak Mahindara Life Insurance?

According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Key Account Managers reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Key Account Manager Salaries

Kotak Mahindara Life Insurance Key Account Manager salary in India ranges between ₹7.2 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.