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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance National Sales Manager salaries in India

Annual salary range
0 - 20 years exp.
₹3.5 Lakhs - ₹5.3 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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88% less than the average National Sales Manager Salary in Insurance Companies for 0 - 20 years of experience

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Last Updated: 2 Nov 2024

Companies similar to Kotak Mahindara Life Insurance for National Sales Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life National Sales Manager Salary

15 - 17 years exp. (3 salaries)

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₹21 L/yr - ₹45 L/yr

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₹11.1 L/yr - ₹42 L/yr

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₹18.6 L/yr - ₹47 L/yr

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₹28 L/yr - ₹49 L/yr

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₹28.5 L/yr - ₹32 L/yr

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₹35 L/yr - ₹60 L/yr

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₹25.5 L/yr - ₹44 L/yr

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National Sales Manager salary at Kotak Mahindara Life Insurance ranges between ₹3.5 Lakhs to ₹5.3 Lakhs per year for employees with less than 1 year of experience to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance National Sales Manager

2mo ago
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20 years exp.
1y ago
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4 years exp.

Experience wise Kotak Mahindara Life Insurance National Sales Manager salaries

Last Updated: 2 Nov 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Zonal Sales Manager Salary
(AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.7 L/yr
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₹9.58 L/yr - ₹22 L/yr
Sales Manager Salary
(530 salaries)
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₹2.4 L/yr - ₹5.7 L/yr
Assistant General Manager Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
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₹3.5 L/yr - ₹4.35 L/yr
Regional Head Salary
(4 salaries)
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₹23 L/yr - ₹26.5 L/yr
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₹2 L/yr - ₹10.3 L/yr
Business Head Salary
(AmbitionBox Estimate)
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₹9.6 L/yr - ₹12.3 L/yr
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₹29.65 L/yr - ₹50 L/yr
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₹34 L/yr - ₹45 L/yr

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

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

read more

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 .

read more

Sales & Business Development Department

5.0
  •  posted on 27 Jun 2020

5.0
 for  Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more

Dislikes

There is a lot of politics and tge management doesn't matter address our issue. Salary is decent time but career growth is slow.

read more

Marketing & Communication Department

5.0
  •  posted on 28 Mar 2018

5.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here

read more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

read 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

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

read more
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Kotak Mahindara Life Insurance National Sales Manager Salary FAQs

What is the salary of National Sales Manager at Kotak Mahindara Life Insurance?
National Sales Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹3.5 Lakhs to ₹5.3 Lakhs for less than 1 year of experience to 20 years. According to our estimates it is 88% less than the average National Sales Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a National Sales Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a National Sales Manager at Kotak Mahindara Life Insurance is 88% less than the average salary of a National Sales Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a National Sales Manager in India?
  • SBI General Insurance National Sales Manager Salary - ₹35.0 Lakhs to ₹60.0 Lakhs per year
  • ICICI Lombard General Insurance Company National Sales Manager Salary - ₹28.0 Lakhs to ₹49.0 Lakhs per year
  • HDFC Life National Sales Manager Salary - ₹21.0 Lakhs to ₹45.0 Lakhs per year
  • Aditya Birla Sun Life Insurance National Sales Manager Salary - ₹18.6 Lakhs to ₹47.0 Lakhs per year
  • HDFC Ergo General Insurance National Sales Manager Salary - ₹25.5 Lakhs to ₹44.0 Lakhs per year
What is the salary of a National Sales Manager in companies similar to Kotak Mahindara Life Insurance in India?
  • Star Health & Allied Insurance National Sales Manager Salary - ₹28.5 Lakhs to ₹32.0 Lakhs per year
  • Max Life Insurance National Sales Manager Salary - ₹11.1 Lakhs to ₹42.0 Lakhs per year
What is the estimated take home salary of a National Sales Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a National Sales Manager at Kotak Mahindara Life Insurance ranges between ₹28,605 per month to ₹29,990 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance National Sales Manager salary in India which ranges between ₹3.5 Lakhs to ₹5.3 Lakhs per year for employees with less than 1 year of experience to 20 years. Check how did we calculate take home salary?
What is the notice period for National Sales Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance National Sales Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance National Sales Manager salary in India ranges between ₹3.5 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.