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Kotak Mahindara Life Insurance Premier Relationship Manager salaries in India (Updated 2025)

Annual salary range
0 - 7 years exp.
₹3.2 Lakhs - ₹4.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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28% less than the average Premier Relationship Manager Salary in Insurance Companies for 0 - 7 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

Sales & Business Development
Premier Relationship Manager Salary
0 - 6 years exp. (22 salaries)
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₹3.3 L/yr - ₹4.3 L/yr

BFSI, Investments & Trading
Premier Relationship Manager Salary
0 - 7 years exp. (20 salaries)
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₹3.5 L/yr - ₹4.5 L/yr

Marketing & Communication
Premier Relationship Manager Salary
0 - 7 years exp. (9 salaries)
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₹3.5 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Premier Relationship Manager Salary
2 - 5 years exp. (5 salaries)
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₹3.5 L/yr - ₹3.9 L/yr

Food, Beverage & Hospitality
Premier Relationship Manager Salary
0 - 5 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹3.9 L/yr

Last Updated: 2 Apr 2025

Companies similar to Kotak Mahindara Life Insurance for Premier Relationship Manager

Company name Avg Annual Salary Open Jobs
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₹4.8 L/yr - ₹6 L/yr

arrow icon 38% more
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₹3.4 L/yr - ₹6.1 L/yr

arrow icon 22% more
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₹5.1 L/yr - ₹7.5 L/yr

arrow icon 68% more
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₹3.8 L/yr - ₹6.5 L/yr

arrow icon 37% more
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₹3.5 L/yr - ₹6 L/yr

arrow icon 32% more
Premier Relationship Manager salary at Kotak Mahindara Life Insurance ranges between ₹3.2 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 69 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Premier Relationship Manager

5d ago
₹3.6 Lakhs
2 years exp.
2w ago
₹3.5 Lakhs
2 years exp.
3w ago
₹4 Lakhs
5 years exp.
3w ago
₹3.8 Lakhs
2 years exp.
2mo ago
₹4 Lakhs
2 months exp.
2mo ago
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5 years exp.
3mo ago
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1 year exp.
3mo ago
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5 months exp.
4mo ago
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4 years exp.
5mo ago
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4 years exp.

Experience wise Kotak Mahindara Life Insurance Premier Relationship Manager salaries

Last Updated: 2 Apr 2025

Experience Avg Annual Salary
Fresher  (6 salaries)

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₹3.4 L/yr - ₹4 L/yr
1 year  (6 salaries)

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₹3.5 L/yr - ₹4 L/yr
2 years  (9 salaries)

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₹3.2 L/yr - ₹4 L/yr
3 years  (14 salaries)

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₹3.5 L/yr - ₹4.3 L/yr
4 years  (11 salaries)

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₹3.5 L/yr - ₹4.3 L/yr
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Similar Designation salaries in Kotak Mahindara Life Insurance

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₹3.5 L/yr - ₹6.5 L/yr
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₹4.5 L/yr - ₹7 L/yr
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₹2.5 L/yr - ₹3.75 L/yr
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₹4 L/yr - ₹5.65 L/yr
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₹3.2 L/yr - ₹4 L/yr
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₹1.8 L/yr - ₹7 L/yr
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₹2.8 L/yr - ₹3.6 L/yr
Senior Relationship Officer Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
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₹2.15 L/yr - ₹5 L/yr
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₹3 L/yr - ₹6.8 L/yr

Top skills at Kotak Mahindara Life Insurance for Premier Relationship Manager

Salesforce Life Insurance Field Sales Life Insurance Sales banca sales Relationship Management Field Work Bancassurance Insurance Sales Direct Sales Insurance Sales Cross Sales Agency Sales Field Sales

Salary related reviews for Kotak Mahindara Life Insurance

3.7

Rated by 18 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

 · 

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

read more
  • Skill development - Poor
  • +4 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..

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Dislikes

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

  • Salary - Bad
  • +6 more

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

read more
  • Salary - Poor
  • +5 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.

  • Salary - Good
  • +5 more

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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see more salary related reviews

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Kotak Mahindara Life Insurance Premier Relationship Manager Salary FAQs

What is the salary of Premier Relationship Manager at Kotak Mahindara Life Insurance ?
The average salary of a Premier Relationship Manager at Kotak Mahindara Life Insurance in India typically ranges from ₹3.2 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Premier Relationship Manager at Kotak Mahindara Life Insurance earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Premier Relationship Manager Salaries at Kotak Mahindara Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 60+ Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Premier Relationship Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Premier Relationship Manager at Kotak Mahindara Life Insurance in India typically ranges from ₹27,957 to ₹29,351 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 60+ salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Premier Relationship Manager at Kotak Mahindara Life Insurance ?
To be a Premier Relationship Manager at Kotak Mahindara Life Insurance in india, the key skills required include:

  • - Salesforce
  • - Life Insurance
  • - Field Sales
  • - Life Insurance
  • - Sales

These skills are highly valued at Kotak Mahindara Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Kotak Mahindara Life Insurance for Premier Relationship Manager in India?
ICICI Prudential Life Insurance ₹5.1 Lakhs to ₹7.5 Lakhs per year
Bajaj Allianz Life Insurance ₹4.8 Lakhs to ₹6.0 Lakhs per year
Star Union Dai-ichi Life Insurance ₹3.8 Lakhs to ₹6.5 Lakhs per year
Aviva Life Insurance India ₹3.5 Lakhs to ₹6.0 Lakhs per year
Axis Max Life Insurance ₹3.4 Lakhs to ₹6.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindara Life Insurance, depending on the role and experience level.
How the salary growth look like for a Premier Relationship Manager at Kotak Mahindara Life Insurance in India?
The salary growth for a Premier Relationship Manager at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a Premier Relationship Manager can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
Fresher ₹3.4 Lakhs to ₹4.0 Lakhs per year
1 year ₹3.5 Lakhs to ₹4.0 Lakhs per year
2 years ₹3.2 Lakhs to ₹4.0 Lakhs per year
3 years ₹3.5 Lakhs to ₹4.3 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Premier Relationship Manager salary in India ranges between ₹3.2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 69 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.