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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Manager- Corporate Sales salaries in India

Annual salary range
2 - 8 years exp.
₹4 Lakhs - ₹5.1 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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49% less than the average Manager- Corporate Sales Salary in Insurance Companies for 2 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager- Corporate Sales Salary
8 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.4 L/yr

Sales & Business Development
Manager- Corporate Sales Salary
2 years exp. (AmbitionBox Estimate)
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₹4.6 L/yr - ₹5.6 L/yr

Last Updated: 29 May 2024

Companies similar to Kotak Mahindara Life Insurance for Manager- Corporate Sales

Company name Avg Annual Salary Open Jobs
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₹3.1 L/yr - ₹11 L/yr

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HDFC Life Manager- Corporate Sales Salary

3 - 17 years exp. (738 salaries)

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₹4.5 L/yr - ₹12.2 L/yr

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1 job opening
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₹6 L/yr - ₹8.5 L/yr

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₹3.8 L/yr - ₹9.5 L/yr

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₹3.4 L/yr - ₹8.2 L/yr

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₹3.3 L/yr - ₹6.5 L/yr

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₹6 L/yr - ₹14.5 L/yr

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₹8 L/yr - ₹15.4 L/yr

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₹4.5 L/yr - ₹7.5 L/yr

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1 job opening
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₹8 L/yr - ₹9 L/yr

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₹3.5 L/yr - ₹8.5 L/yr

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Manager- Corporate Sales salary at Kotak Mahindara Life Insurance ranges between ₹4 Lakhs to ₹5.1 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Manager- Corporate Sales

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5 years exp.
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8 years exp.

Experience wise Kotak Mahindara Life Insurance Manager- Corporate Sales salaries

Last Updated: 29 May 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹5.1 L/yr
3 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹8.3 L/yr
4 years (AmbitionBox Estimate)

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₹4 L/yr - ₹8.1 L/yr
5 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
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Similar Designation salaries in Kotak Mahindara Life Insurance

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₹2.5 L/yr - ₹5 L/yr
Sales Manager Salary
(532 salaries)
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₹1.65 L/yr - ₹6.28 L/yr
Branch Manager Salary
(211 salaries)
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₹4.5 L/yr - ₹12.81 L/yr
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₹2 L/yr - ₹5.5 L/yr
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₹2 L/yr - ₹10.78 L/yr
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₹4.45 L/yr - ₹8.5 L/yr
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₹3 L/yr - ₹6.77 L/yr
Cluster Manager Salary
(33 salaries)
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₹4.96 L/yr - ₹12.5 L/yr
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₹2.5 L/yr - ₹3.75 L/yr
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₹3.5 L/yr - ₹6 L/yr

Top skills at Kotak Mahindara Life Insurance for Manager- Corporate Sales

Dealer Network Measurement Ionic Framework

Salary related reviews for Kotak Mahindara Life Insurance

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."

read more

Full Time

 · 

Other Department

5.0
  •  posted on 27 Jun 2022

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read 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..

read more

Dislikes

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

Life Insurance Department

5.0
  •  posted on 22 Apr 2022

4.0
 for  Salary and Benefits

Likes

...mates and manager also supportive and bring out best. Company policies are good. Get good salary hike and incentives.

read more

Dislikes

There is nothing to say dislikes in our organization. From hr, manager, teammates all are very helpful always. In matters of career growth it will be little slow.

read 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.

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.

read more
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Kotak Mahindara Life Insurance Manager- Corporate Sales Salary FAQs

What is the salary of Manager- Corporate Sales at Kotak Mahindara Life Insurance?
Manager- Corporate Sales salary at Kotak Mahindara Life Insurance in India ranges between ₹4.0 Lakhs to ₹5.1 Lakhs for experience between 2 years to 8 years. According to our estimates it is 49% less than the average Manager- Corporate Sales Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Manager- Corporate Sales at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Manager- Corporate Sales at Kotak Mahindara Life Insurance is 49% less than the average salary of a Manager- Corporate Sales in India. To know exact salary insights, login to view.
What are the top skills required to work as a Manager- Corporate Sales at Kotak Mahindara Life Insurance?
Dealer Network, Measurement and Ionic Framework are some of the popular skills required to work as a Manager- Corporate Sales at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Manager- Corporate Sales in India?
  • SBI General Insurance Manager- Corporate Sales Salary - ₹8.0 Lakhs to ₹15.4 Lakhs per year
  • ICICI Lombard General Insurance Company Manager- Corporate Sales Salary - ₹6.0 Lakhs to ₹14.5 Lakhs per year
  • HDFC Life Manager- Corporate Sales Salary - ₹4.5 Lakhs to ₹12.2 Lakhs per year
  • HDFC Ergo General Insurance Manager- Corporate Sales Salary - ₹8.0 Lakhs to ₹9.0 Lakhs per year
  • Max Life Insurance Manager- Corporate Sales Salary - ₹3.8 Lakhs to ₹9.5 Lakhs per year
What is the salary of a Manager- Corporate Sales in companies similar to Kotak Mahindara Life Insurance in India?
  • ICICI Prudential Life Insurance Manager- Corporate Sales Salary - ₹3.1 Lakhs to ₹11.0 Lakhs per year
  • SBI Life Insurance Company Manager- Corporate Sales Salary - ₹6.0 Lakhs to ₹8.5 Lakhs per year
  • Care Health Insurance Manager- Corporate Sales Salary - ₹4.5 Lakhs to ₹7.5 Lakhs per year
  • Bajaj Allianz Life Insurance Manager- Corporate Sales Salary - ₹3.4 Lakhs to ₹8.2 Lakhs per year
  • Star Health & Allied Insurance Manager- Corporate Sales Salary - ₹3.5 Lakhs to ₹8.5 Lakhs per year
What is the estimated take home salary of a Manager- Corporate Sales at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Manager- Corporate Sales at Kotak Mahindara Life Insurance ranges between ₹32,588 per month to ₹33,864 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Manager- Corporate Sales salary in India which ranges between ₹4.0 Lakhs to ₹5.1 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Manager- Corporate Sales at Kotak Mahindara Life Insurance?
According to AmbitionBox, 33% of the Kotak Mahindara Life Insurance Manager- Corporate Saless reported a notice period of 1 Month, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Manager- Corporate Sales salary in India ranges between ₹4 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.