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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Life Advisor salaries in Chennai

Annual salary range
1 - 8 years exp.
₹2 Lakhs - ₹6.1 Lakhs
Salary of majority employees
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27% more than the average Life Advisor Salary in Insurance Companies for 1 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Life Advisor Salary
5 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

Finance & Accounting
Life Advisor Salary
1 year exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹3.5 L/yr

Human Resources
Life Advisor Salary
8 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹6.1 L/yr

Administration & Facilities
Life Advisor Salary
7 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.4 L/yr

Last Updated: 13 Sep 2023

Life Advisor salary at Kotak Mahindara Life Insurance ranges between ₹2 Lakhs to ₹6.1 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

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

1y ago
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7 years exp.
1y ago
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1 year exp.
1y ago
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8 years exp.
1y ago
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5 years exp.

Experience wise Kotak Mahindara Life Insurance Life Advisor salaries in Chennai

Last Updated: 13 Sep 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2 L/yr - ₹6.2 L/yr
2 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹6.5 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Deputy Manager Salary
(55 salaries)
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₹2.5 L/yr - ₹5.45 L/yr
Sales Manager Salary
(47 salaries)
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₹3 L/yr - ₹5.5 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

4.0

Rated by 1 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

Sales & Business Development Department

4.0
  •  posted on 04 May 2018

2.0
 for  Salary and Benefits

Likes

nil

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..

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

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."

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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..

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

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Kotak Mahindara Life Insurance Life Advisor Salary FAQs

What is the salary of Life Advisor at Kotak Mahindara Life Insurance Chennai?
Life Advisor salary at Kotak Mahindara Life Insurance in Chennai ranges between ₹2.0 Lakhs to ₹6.1 Lakhs for experience between 1 years to 8 years. According to our estimates it is 27% more than the average Life Advisor Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance Chennai.
How does the salary of a Life Advisor at Kotak Mahindara Life Insurance Chennai compare with the average salary range for this job?
The average salary of a Life Advisor at Kotak Mahindara Life Insurance is 27% more than the average salary of a Life Advisor in Chennai. To know exact salary insights, login to view.
What are the top skills required to work as a Life Advisor at Kotak Mahindara Life Insurance?
Tied Channel, Life Insurance, Sales, Marketing and Agent Recruitment are some of the popular skills required to work as a Life Advisor at Kotak Mahindara Life Insurance Chennai.
What is the estimated take home salary of a Life Advisor at Kotak Mahindara Life Insurance in Chennai?
The estimated take-home salary of a Life Advisor at Kotak Mahindara Life Insurance ranges between ₹26,055 per month to ₹27,478 per month in Chennai. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Life Advisor salary in India which ranges between ₹2.0 Lakhs to ₹6.1 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Life Advisor at Kotak Mahindara Life Insurance in Chennai?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Life Advisors in Chennai reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Life Advisor salary in Chennai ranges between ₹2 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.