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Kotak Mahindara Life Insurance Life Advisor salaries in Kolkata (Updated 2025)

Annual salary range
0 - 8 years exp.
₹1 Lakh - ₹6 Lakhs
Salary of majority employees
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14% less than the average Life Advisor Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Life Advisor Salary
0 - 6 years exp. (6 salaries)
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₹1 L/yr - ₹3.3 L/yr

BFSI, Investments & Trading
Life Advisor Salary
1 - 4 years exp. (4 salaries)
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₹1.2 L/yr - ₹6 L/yr

Engineering - Software & QA
Life Advisor Salary
1 - 7 years exp. (3 salaries)
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₹1.2 L/yr - ₹5 L/yr

Finance & Accounting
Life Advisor Salary
0 - 3 years exp. (3 salaries)
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₹2 L/yr - ₹2.5 L/yr

Teaching & Training
Life Advisor Salary
3 years exp. (AmbitionBox Estimate)
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₹1.2 L/yr - ₹2.7 L/yr

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Last Updated: 23 Mar 2025

Companies similar to Kotak Mahindara Life Insurance for Life Advisor in Kolkata

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Kotak Mahindara Life Insurance Life Advisor Salary

0 - 8 years exp. (32 salaries)

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₹1 L/yr - ₹6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Life Advisor Salary

0 - 4 years exp. (4 salaries)

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₹1 L/yr - ₹3 L/yr

arrow icon 4% less
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₹2 L/yr - ₹4 L/yr

arrow icon 10% more
Life Advisor salary at Kotak Mahindara Life Insurance ranges between ₹1 Lakh to ₹6 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 32 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Life Advisor in Kolkata

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6 years exp.
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9 months exp.
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1 year exp.
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7 years exp.
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7 months exp.

Experience wise Kotak Mahindara Life Insurance Life Advisor salaries in Kolkata

Last Updated: 23 Mar 2025

Experience Avg Annual Salary
Fresher  (7 salaries)

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₹1 L/yr - ₹2.5 L/yr
1 year  (8 salaries)

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₹1.2 L/yr - ₹6 L/yr
2 years  (4 salaries)

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₹1 L/yr - ₹4 L/yr
3 years  (6 salaries)

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₹1.2 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr
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Similar Designation salaries in Kotak Mahindara Life Insurance

Sales Manager Salary
(45 salaries)
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₹2.4 L/yr - ₹5 L/yr
Deputy Manager Salary
(42 salaries)
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₹2.3 L/yr - ₹4.79 L/yr
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₹1.8 L/yr - ₹5.5 L/yr
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₹0.8 L/yr - ₹4.5 L/yr
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₹1.1 L/yr - ₹3.5 L/yr
Supervisor Salary
(3 salaries)
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₹1.4 L/yr - ₹5 L/yr

Top skills at Kotak Mahindara Life Insurance for Life Advisor

Tied Channel Life Insurance Sales Marketing Agent Recruitment Agency Channel

Salary related reviews for Kotak Mahindara Life Insurance

3.1

Rated by 9 employees for salary & benefits

Human Resources Department

1.0
  •  posted on 27 Jun 2022

1.0
 for  Salary and Benefits

Likes

Bad work structure. Too much work pressure without salary. Overall bad work culture and bad company.

read more

Dislikes

Bad work culture and they don't provide any fixed salary. But at the time of hiring then approach candidates with too much good remuneration and income.

read more
  • Salary - Bad
  • +6 more

Sales & Business Development Department

4.0
  •  posted on 04 May 2018

2.0
 for  Salary and Benefits

Likes

nil

  • Skill development - Excellent
  • +2 more

Dislikes

Compensation is not worth nor commendable. Growth is slow. The work pressure is very high. Managers do not value unless achieve your targets.As being ex agent company do not consider renewal commission..

read more
  • Salary - Poor
  • +1 more

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..

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Dislikes

I like nothing about them.. I m with my word..

  • Salary - Bad
  • +6 more
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Kotak Mahindara Life Insurance Life Advisor Salary FAQs

What is the salary of Life Advisor at Kotak Mahindara Life Insurance in Kolkata?
The average salary of a Life Advisor at Kotak Mahindara Life Insurance in Kolkata typically ranges from ₹1.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Life Advisor in Kolkata at Kotak Mahindara Life Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Life Advisor Salaries at Kotak Mahindara Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 30+ Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Life Advisor at Kotak Mahindara Life Insurance in Kolkata?
The estimated take-home salary of a Life Advisor at Kotak Mahindara Life Insurance in Kolkata typically ranges from ₹16,239 to ₹17,913 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Life Advisor at Kotak Mahindara Life Insurance in Kolkata?
To be a Life Advisor at Kotak Mahindara Life Insurance in Kolkata, the key skills required include:

  • - Tied Channel
  • - Life Insurance
  • - Sales
  • - Marketing
  • - Agent Recruitment

These skills are highly valued at Kotak Mahindara Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Kotak Mahindara Life Insurance for Life Advisor in India?
Bharti AXA Life Insurance ₹2.0 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindara Life Insurance, depending on the role and experience level.
What is the salary of a Life Advisor in companies similar to Kotak Mahindara Life Insurance in Kolkata?
The salary of a Life Advisor at companies similar to Kotak Mahindara Life Insurance in Kolkata varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life ₹1.0 Lakhs to ₹3.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Life Advisor at Kotak Mahindara Life Insurance in Kolkata?
The salary growth for a Life Advisor at Kotak Mahindara Life Insurance in Kolkata depends on factors such as experience, performance, and promotions. On average, a Life Advisor in Kolkata can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
Fresher ₹1.0 Lakhs to ₹2.5 Lakhs per year
1 year ₹1.2 Lakhs to ₹6.0 Lakhs per year
2 years ₹1.0 Lakhs to ₹4.0 Lakhs per year
3 years ₹1.2 Lakhs to ₹3.3 Lakhs per year
and so on.

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Kotak Mahindara Life Insurance Life Advisor salary in Kolkata ranges between ₹1 Lakh to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 32 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.