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Kotak Mahindara Life Insurance Key Relationship Manager salaries in Ahmedabad

Annual salary range
0 - 3 years exp.
₹2.5 Lakhs - ₹3.5 Lakhs
Salary of majority employees
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38% less than the average Key Relationship Manager Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

Sales & Business Development
Key Relationship Manager Salary
0 - 3 years exp. (5 salaries)
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₹2.5 L/yr - ₹3.1 L/yr

Customer Success, Service & Operations
Key Relationship Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.5 L/yr

Last Updated: 16 Mar 2023

Companies similar to Kotak Mahindara Life Insurance for Key Relationship Manager in Ahmedabad

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Kotak Mahindara Life Insurance Key Relationship Manager Salary

0 - 3 years exp. (8 salaries)

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₹2.5 L/yr - ₹3.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹6 L/yr

arrow icon 77% more
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₹4 L/yr - ₹4.8 L/yr

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IIFL Finance Key Relationship Manager Salary

1 - 6 years exp. (4 salaries)

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₹1.8 L/yr - ₹3.8 L/yr

arrow icon 15% less
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ICICI Direct Key Relationship Manager Salary

1 - 2 years exp. (3 salaries)

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₹4.2 L/yr - ₹4.5 L/yr

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₹6.5 L/yr - ₹6.8 L/yr

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Key Relationship Manager salary at Kotak Mahindara Life Insurance ranges between ₹2.5 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Key Relationship Manager in Ahmedabad

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8 months exp.
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Experience wise Kotak Mahindara Life Insurance Key Relationship Manager salaries in Ahmedabad

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹2.5 L/yr - ₹3.1 L/yr
1 year (AmbitionBox Estimate)

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₹3 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹2.7 L/yr - ₹4 L/yr
Branch Manager Salary
(4 salaries)
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₹6.75 L/yr - ₹10.11 L/yr
Area Manager Salary
(3 salaries)
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₹6 L/yr - ₹13.13 L/yr

Top skills at Kotak Mahindara Life Insurance for Key Relationship Manager

Relationship Life Insurance Direct Sales Sales Corporate Field Sales direct marketing banca sales Insurance Sales Agency Sales Agency Channel

Salary related reviews for Kotak Mahindara Life Insurance

5.0

Rated by 1 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

 · 

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

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  • 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 Key Relationship Manager Salary FAQs

What is the salary of Key Relationship Manager at Kotak Mahindara Life Insurance Ahmedabad?
Key Relationship Manager salary at Kotak Mahindara Life Insurance in Ahmedabad ranges between ₹2.5 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 38% less than the average Key Relationship Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindara Life Insurance Ahmedabad.
How does the salary of a Key Relationship Manager at Kotak Mahindara Life Insurance Ahmedabad compare with the average salary range for this job?
The average salary of a Key Relationship Manager at Kotak Mahindara Life Insurance is 38% less than the average salary of a Key Relationship Manager in Ahmedabad. To know exact salary insights, login to view.
What are the top skills required to work as a Key Relationship Manager at Kotak Mahindara Life Insurance?
Relationship, Life Insurance, Direct Sales, Sales and Corporate are some of the popular skills required to work as a Key Relationship Manager at Kotak Mahindara Life Insurance Ahmedabad.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Key Relationship Manager in Ahmedabad?
  • Zuno General Insurance Key Relationship Manager Salary - ₹6.5 Lakhs to ₹6.8 Lakhs per year
  • ICICI Prudential Life Insurance Key Relationship Manager Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year
  • ICICI Securities Key Relationship Manager Salary - ₹4.0 Lakhs to ₹4.8 Lakhs per year
  • ICICI Direct Key Relationship Manager Salary - ₹4.2 Lakhs to ₹4.5 Lakhs per year
What is the salary of a Key Relationship Manager in companies similar to Kotak Mahindara Life Insurance in Ahmedabad?
  • IIFL Finance Key Relationship Manager Salary - ₹1.8 Lakhs to ₹3.8 Lakhs per year
What is the estimated take home salary of a Key Relationship Manager at Kotak Mahindara Life Insurance in Ahmedabad?
The estimated take-home salary of a Key Relationship Manager at Kotak Mahindara Life Insurance ranges between ₹21,765 per month to ₹23,252 per month in Ahmedabad. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Key Relationship Manager salary in India which ranges between ₹2.5 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?
What is the notice period for Key Relationship Manager at Kotak Mahindara Life Insurance in Ahmedabad?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Key Relationship Managers in Ahmedabad reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Key Relationship Manager salary in Ahmedabad ranges between ₹2.5 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.