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3.7

based on 2.8k Reviews

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Kotak Mahindara Life Insurance Location Managing Partner salaries in India

Annual salary range
14 - 19 years exp.
₹10.1 Lakhs - ₹16.4 Lakhs
Salary of majority employees
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At par with the average Location Managing Partner Salary in Insurance Companies for 14 - 19 years of experience

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Salaries in different departments

Sales & Business Development
Location Managing Partner Salary
14 - 19 years exp. (8 salaries)
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₹13 L/yr - ₹16.4 L/yr

BFSI, Investments & Trading
Location Managing Partner Salary
14 - 16 years exp. (4 salaries)
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₹10.1 L/yr - ₹13 L/yr

Last Updated: 21 Jan 2025

Location Managing Partner salary at Kotak Mahindara Life Insurance ranges between ₹10.1 Lakhs to ₹16.4 Lakhs per year for employees with experience between 14 years to 19 years. Salary estimates are based on 13 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Location Managing Partner

1w ago
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14 years exp.
2mo ago
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15 years exp.
3mo ago
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16 years exp.
8mo ago
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14 years exp.
1y ago
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15 years exp.
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16 years exp.
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19 years exp.
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14 years exp.
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15 years exp.
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16 years exp.

Experience wise Kotak Mahindara Life Insurance Location Managing Partner salaries

Last Updated: 21 Jan 2025

Experience Avg Annual Salary
14 years  (3 salaries)

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₹11.1 L/yr - ₹15.7 L/yr
15+ years  (10 salaries)

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₹10.1 L/yr - ₹16.4 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹1.75 L/yr - ₹7 L/yr
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₹10.31 L/yr - ₹22 L/yr
Branch Manager Salary
(199 salaries)
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₹4.5 L/yr - ₹13 L/yr
Area Manager Salary
(21 salaries)
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₹4.94 L/yr - ₹19.05 L/yr
Cluster Manager Salary
(34 salaries)
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₹4.96 L/yr - ₹14.3 L/yr
Deputy Manager Salary
(938 salaries)
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₹2 L/yr - ₹5.69 L/yr
Chief Manager Salary
(466 salaries)
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₹5.1 L/yr - ₹19 L/yr
Sales Manager Salary
(539 salaries)
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₹2 L/yr - ₹5.7 L/yr
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₹9.1 L/yr - ₹14.25 L/yr
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₹3 L/yr - ₹6.8 L/yr

Top skills at Kotak Mahindara Life Insurance for Location Managing Partner

Team Handling Leadership Skills Communication Management Distribution Management Development agency development Coaching Beverage Team Handling Management Life Insurance Insurance Life Insurance Marking Sales

Salary related reviews for Kotak Mahindara Life Insurance

4.4

Rated by 7 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

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Aug 2024

2.0
 for  Salary and Benefits

Likes

Kotak Life learning with colleagues and seniors, helpful people. New innovations happening in business and product teams.

read more
  • Job security - Excellent
  • +2 more

Dislikes

Human Resources and employees understanding. Human resource donot do anything for employees just gives threat on every occasion to employees for salary hold. New generation should not join this company as ther are better HR polices elsewhere Some department like IT areas slow,no future thought processes. As HR polices are so bad that even your managers and head of department are weak and toothless for any new initiatives

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  • Salary - Poor
  • +1 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

 · 

Finance & Accounting Department

4.0
  •  posted on 04 Apr 2024

3.0
 for  Salary and Benefits

Likes

Work life balance is okay. Good place to work in. Maximum professionally qualified employees.

  • Job security - Good
  • +1 more

Dislikes

No Employee benefits. Salary lower than industry standards. No comp off. Politics (common in every organisation) No work from home.

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Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 27 Jul 2023

5.0
 for  Salary and Benefits

Likes

HR support is very good.. Salary amd Incentive payout

  • Salary - Excellent
  • +2 more

Dislikes

Kotak is big brand to work but few of the Senior Managers made the work culture worst just for their benefits... They doesn't have feelings about the pain of employees.

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  • Work satisfaction - Bad
  • +1 more
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Kotak Mahindara Life Insurance Location Managing Partner Salary FAQs

What is the salary of Location Managing Partner at Kotak Mahindara Life Insurance?
Location Managing Partner salary at Kotak Mahindara Life Insurance in India ranges between ₹10.1 Lakhs to ₹16.4 Lakhs for experience between 14 years to 19 years. According to our estimates it is 4% less than the average Location Managing Partner Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Location Managing Partner at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Location Managing Partner at Kotak Mahindara Life Insurance is 4% less than the average salary of a Location Managing Partner in India. To know exact salary insights, login to view.
What are the top skills required to work as a Location Managing Partner at Kotak Mahindara Life Insurance?
Team Handling, Leadership Skills, Communication Management, Distribution Management and Development are some of the popular skills required to work as a Location Managing Partner at Kotak Mahindara Life Insurance India.
What is the estimated take home salary of a Location Managing Partner at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Location Managing Partner at Kotak Mahindara Life Insurance ranges between ₹94,616 per month to ₹97,163 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Location Managing Partner salary in India which ranges between ₹10.1 Lakhs to ₹16.4 Lakhs per year for employees with experience between 14 years to 19 years. Check how did we calculate take home salary?
What is the notice period for Location Managing Partner at Kotak Mahindara Life Insurance?
According to AmbitionBox, 86% of the Kotak Mahindara Life Insurance Location Managing Partners reported a notice period of 3 Months, 9% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Location Managing Partner salary in India ranges between ₹10.1 Lakhs to ₹16.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.