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Kotak Mahindara Life Insurance Location Head salaries in India

Annual salary range
15 - 23 years exp.
₹9.5 Lakhs - ₹13.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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14% more than the average Location Head Salary in Insurance Companies for 15 - 23 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Location Head Salary
17 - 23 years exp. (3 salaries)
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₹10.5 L/yr - ₹12.5 L/yr

Sales & Business Development
Location Head Salary
15 - 20 years exp. (3 salaries)
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₹9.5 L/yr - ₹13 L/yr

Last Updated: 25 Jan 2025

Companies similar to Kotak Mahindara Life Insurance for Location Head

Company name Avg Annual Salary Open Jobs
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HDFC Life Location Head Salary

10 - 14 years exp. (4 salaries)

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₹8.3 L/yr - ₹10.5 L/yr

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₹3.8 L/yr - ₹17 L/yr

arrow icon 8% more
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₹8.2 L/yr - ₹14 L/yr

arrow icon 3% more
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Shriram Life Insurance Location Head Salary

6 - 15 years exp. (6 salaries)

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₹5 L/yr - ₹6.7 L/yr

arrow icon 50% less
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₹6 L/yr - ₹12 L/yr

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₹6 L/yr - ₹9 L/yr

arrow icon 36% less
Location Head salary at Kotak Mahindara Life Insurance ranges between ₹9.5 Lakhs to ₹13.2 Lakhs per year for employees with experience between 15 years to 23 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Location Head

3d ago
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17 years exp.
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20 years exp.
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16 years exp.
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15 years exp.
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21 years exp.
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23 years exp.

Experience wise Kotak Mahindara Life Insurance Location Head salaries

Last Updated: 25 Jan 2025

Experience Avg Annual Salary
15+ years  (7 salaries)

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₹9.5 L/yr - ₹13.2 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

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(34 salaries)
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₹1.2 L/yr - ₹6.95 L/yr
Area Manager Salary
(26 salaries)
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₹5.7 L/yr - ₹17.9 L/yr
Branch Manager Salary
(200 salaries)
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₹4.5 L/yr - ₹13 L/yr
Deputy Manager Salary
(732 salaries)
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₹2 L/yr - ₹5.69 L/yr
Sales Manager Salary
(544 salaries)
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₹2 L/yr - ₹6.28 L/yr
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₹10.31 L/yr - ₹22 L/yr
Sales Officer Salary
(8 salaries)
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₹1.5 L/yr - ₹4 L/yr
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₹3.5 L/yr - ₹7 L/yr
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₹1.8 L/yr - ₹7 L/yr
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₹3.3 L/yr - ₹6.2 L/yr

Top skills at Kotak Mahindara Life Insurance for Location Head

Internet Media Beverage ADO.Net

Salary related reviews for Kotak Mahindara Life Insurance

3.7

Rated by 4 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..

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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

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  • 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.

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Kotak Mahindara Life Insurance Location Head Salary FAQs

What is the salary of Location Head at Kotak Mahindara Life Insurance?
Location Head salary at Kotak Mahindara Life Insurance in India ranges between ₹9.5 Lakhs to ₹13.2 Lakhs for experience between 15 years to 23 years. According to our estimates it is 14% more than the average Location Head Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Location Head at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Location Head at Kotak Mahindara Life Insurance is 14% more than the average salary of a Location Head in India. To know exact salary insights, login to view.
What are the top skills required to work as a Location Head at Kotak Mahindara Life Insurance?
Internet Media, Beverage and ADO.Net are some of the popular skills required to work as a Location Head at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Location Head in India?
  • Bajaj Allianz Life Insurance Location Head Salary - ₹3.8 Lakhs to ₹17.0 Lakhs per year
  • Kotak Mahindra General Insurance Location Head Salary - ₹8.2 Lakhs to ₹14.0 Lakhs per year
What is the salary of a Location Head in companies similar to Kotak Mahindara Life Insurance in India?
  • ICICI Lombard General Insurance Company Location Head Salary - ₹6.0 Lakhs to ₹12.0 Lakhs per year
  • HDFC Life Location Head Salary - ₹8.3 Lakhs to ₹10.5 Lakhs per year
  • HDFC Ergo General Insurance Location Head Salary - ₹6.0 Lakhs to ₹9.0 Lakhs per year
  • Shriram Life Insurance Location Head Salary - ₹5.0 Lakhs to ₹6.7 Lakhs per year
What is the estimated take home salary of a Location Head at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Location Head at Kotak Mahindara Life Insurance ranges between ₹83,518 per month to ₹85,700 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Location Head salary in India which ranges between ₹9.5 Lakhs to ₹13.2 Lakhs per year for employees with experience between 15 years to 23 years. Check how did we calculate take home salary?
What is the notice period for Location Head at Kotak Mahindara Life Insurance?
According to AmbitionBox, 43% of the Kotak Mahindara Life Insurance Location Heads reported a notice period of 1 Month, 43% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Location Head salary in India ranges between ₹9.5 Lakhs to ₹13.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.