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based on 2.7k Reviews

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Kotak Mahindara Life Insurance National Relationship Manager salaries in Mumbai

Annual salary range
5 - 21 years exp.
₹5.3 Lakhs - ₹11.7 Lakhs
Salary of majority employees
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41% less than the average National Relationship Manager Salary in Insurance Companies for 5 - 21 years of experience

Interested in this particular role? 1 job opening

Last Updated: 21 Dec 2023

Companies similar to Kotak Mahindara Life Insurance for National Relationship Manager in Mumbai

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Kotak Mahindara Life Insurance National Relationship Manager Salary

5 - 21 years exp. (6 salaries)

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₹5.3 L/yr - ₹11.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹28.6 L/yr - ₹51 L/yr

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₹21.3 L/yr - ₹29.7 L/yr

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₹36 L/yr - ₹46 L/yr

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₹16.2 L/yr - ₹20.7 L/yr

arrow icon 73% more
National Relationship Manager salary at Kotak Mahindara Life Insurance ranges between ₹5.3 Lakhs to ₹11.7 Lakhs per year for employees with experience between 5 years to 21 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance National Relationship Manager in Mumbai

1y ago
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21 years exp.
1y ago
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14 years exp.
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15 years exp.
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14 years exp.

Experience wise Kotak Mahindara Life Insurance National Relationship Manager salaries in Mumbai

Last Updated: 21 Dec 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹16.4 L/yr
6 years (AmbitionBox Estimate)

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₹8.4 L/yr - ₹10.7 L/yr
7 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹10.9 L/yr
8 years (AmbitionBox Estimate)

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₹8.7 L/yr - ₹11.2 L/yr
9 years (AmbitionBox Estimate)

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₹8.9 L/yr - ₹11.4 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹2.4 L/yr - ₹4.5 L/yr
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₹3 L/yr - ₹6.3 L/yr
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₹3.65 L/yr - ₹8.75 L/yr

Top skills at Kotak Mahindara Life Insurance for National Relationship Manager

Relationship Management Bancassurance Product Management HNI Acquisition Beverage Key Account Management Revenue Generation Life Insurance Channel Sales Channel Sales Management Switching B2B Sales Life Insurance Organic Synthesis New Client Acquisition

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

 · 

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..

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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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.

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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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Kotak Mahindara Life Insurance National Relationship Manager Salary FAQs

What is the salary of National Relationship Manager at Kotak Mahindara Life Insurance Mumbai?
National Relationship Manager salary at Kotak Mahindara Life Insurance in Mumbai ranges between ₹5.3 Lakhs to ₹11.7 Lakhs for experience between 5 years to 21 years. According to our estimates it is 41% less than the average National Relationship Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance Mumbai.
How does the salary of a National Relationship Manager at Kotak Mahindara Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a National Relationship Manager at Kotak Mahindara Life Insurance is 41% less than the average salary of a National Relationship Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a National Relationship Manager at Kotak Mahindara Life Insurance?
Relationship Management, Bancassurance, Product Management, HNI Acquisition and Beverage are some of the popular skills required to work as a National Relationship Manager at Kotak Mahindara Life Insurance Mumbai.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a National Relationship Manager in Mumbai?
  • Life Insurance Corporation of India National Relationship Manager Salary - ₹36.0 Lakhs to ₹46.0 Lakhs per year
  • SBI Life Insurance Company National Relationship Manager Salary - ₹28.6 Lakhs to ₹51.0 Lakhs per year
  • Bajaj Allianz Life Insurance National Relationship Manager Salary - ₹21.3 Lakhs to ₹29.7 Lakhs per year
  • Hicare Services National Relationship Manager Salary - ₹16.2 Lakhs to ₹20.7 Lakhs per year
What is the estimated take home salary of a National Relationship Manager at Kotak Mahindara Life Insurance in Mumbai?
The estimated take-home salary of a National Relationship Manager at Kotak Mahindara Life Insurance ranges between ₹74,787 per month to ₹76,722 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance National Relationship Manager salary in India which ranges between ₹5.3 Lakhs to ₹11.7 Lakhs per year for employees with experience between 5 years to 21 years. Check how did we calculate take home salary?
What is the notice period for National Relationship Manager at Kotak Mahindara Life Insurance in Mumbai?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance National Relationship Managers in Mumbai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance National Relationship Manager salary in Mumbai ranges between ₹5.3 Lakhs to ₹11.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.