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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Location Manager salaries in India

Annual salary range
5 - 22 years exp.
₹5.6 Lakhs - ₹13 Lakhs
Salary of majority employees
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50% more than the average Location Manager Salary in Insurance Companies for 5 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Location Manager Salary
5 - 14 years exp. (11 salaries)
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₹5.6 L/yr - ₹12.8 L/yr

Sales & Business Development
Location Manager Salary
6 - 14 years exp. (3 salaries)
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₹8.5 L/yr - ₹11 L/yr

Last Updated: 7 Jun 2024

Companies similar to Kotak Mahindara Life Insurance for Location Manager

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

2 - 15 years exp. (3 salaries)

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₹5 L/yr - ₹9.6 L/yr

arrow icon 36% less
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₹5.7 L/yr - ₹11.8 L/yr

arrow icon 17% less
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Shriram Life Insurance Location Manager Salary

10 - 17 years exp. (8 salaries)

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₹5 L/yr - ₹13.2 L/yr

arrow icon 27% less
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HDFC Bank Location Manager Salary

1 - 11 years exp. (149 salaries)

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₹3 L/yr - ₹11.2 L/yr

arrow icon 40% less
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Sammaan Capital Limited Location Manager Salary

7 - 18 years exp. (104 salaries)

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₹6 L/yr - ₹14 L/yr

arrow icon 10% less
Location Manager salary at Kotak Mahindara Life Insurance ranges between ₹5.6 Lakhs to ₹13 Lakhs per year for employees with experience between 5 years to 22 years. Salary estimates are based on 19 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Location Manager

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14 years exp.
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15 years exp.
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5 years exp.
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13 years exp.
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13 years exp.
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22 years exp.
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12 years exp.
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11 years exp.

Experience wise Kotak Mahindara Life Insurance Location Manager salaries

Last Updated: 7 Jun 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹17.6 L/yr
6 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹17.7 L/yr
7 years (AmbitionBox Estimate)

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₹8.9 L/yr - ₹11.4 L/yr
8 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹18 L/yr
9 years (AmbitionBox Estimate)

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₹9.1 L/yr - ₹11.6 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Collections Manager Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr
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₹1 L/yr - ₹4 L/yr
Branch Manager Salary
(211 salaries)
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₹4.5 L/yr - ₹12.81 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr
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₹1.8 L/yr - ₹6 L/yr
Deputy Manager Salary
(856 salaries)
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₹2 L/yr - ₹5.69 L/yr
Sales Manager Salary
(544 salaries)
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₹1.65 L/yr - ₹6.28 L/yr
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₹3.5 L/yr - ₹10 L/yr
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₹2.5 L/yr - ₹7 L/yr
Accountant Salary
(4 salaries)
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₹1.44 L/yr - ₹5.15 L/yr

Top skills at Kotak Mahindara Life Insurance for Location Manager

agency Agency Management

Salary related reviews for Kotak Mahindara Life Insurance

2.9

Rated by 2 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.

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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BFSI, Investments & Trading Department

4.0
  •  posted on 16 Jun 2020

2.0
 for  Salary and Benefits

Likes

...fe.Team mates are supportive. This is the second appraisal but mine is not done. Till now no salary hike which demotivate employee .work culture is good.

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Dislikes

Politics.low or no salary hike. Appraise are not done fairly. No defined timing to work.

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Insurance Department

4.0
  •  posted on 11 Apr 2021

4.0
 for  Salary and Benefits

Likes

Skill development learning,work life balance,compensation and benefits,company culture is good,career growth is there,employee behaviour is good,fast growth in business along with career goal setting,promotion achievement etc

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Dislikes

Too much work pressure while doing job, target setting along with achievement is very much important,job security depends upon the performane of it,lots of politics occurs in the management .

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Kotak Mahindara Life Insurance Location Manager Salary FAQs

What is the salary of Location Manager at Kotak Mahindara Life Insurance?
Location Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹5.6 Lakhs to ₹13.0 Lakhs for experience between 5 years to 22 years. According to our estimates it is 50% more than the average Location Manager Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Location Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Location Manager at Kotak Mahindara Life Insurance is 50% more than the average salary of a Location Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Location Manager at Kotak Mahindara Life Insurance?
agency and Agency Management are some of the popular skills required to work as a Location Manager at Kotak Mahindara Life Insurance India.
What is the salary of a Location Manager in companies similar to Kotak Mahindara Life Insurance in India?
  • Sammaan Capital Limited Location Manager Salary - ₹6.0 Lakhs to ₹14.0 Lakhs per year
  • Kotak Mahindra General Insurance Location Manager Salary - ₹5.7 Lakhs to ₹11.8 Lakhs per year
  • Shriram Life Insurance Location Manager Salary - ₹5.0 Lakhs to ₹13.2 Lakhs per year
  • HDFC Life Location Manager Salary - ₹5.0 Lakhs to ₹9.6 Lakhs per year
  • HDFC Bank Location Manager Salary - ₹3.0 Lakhs to ₹11.2 Lakhs per year
What is the estimated take home salary of a Location Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Location Manager at Kotak Mahindara Life Insurance ranges between ₹74,821 per month to ₹76,757 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Location Manager salary in India which ranges between ₹5.6 Lakhs to ₹13.0 Lakhs per year for employees with experience between 5 years to 22 years. Check how did we calculate take home salary?
What is the notice period for Location Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 78% of the Kotak Mahindara Life Insurance Location Managers reported a notice period of 3 Months, 22% reported a notice period of 1 Month.This is based on 9 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Location Manager salary in India ranges between ₹5.6 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 19 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.