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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Premier Relationship Manager salaries in Bangalore / Bengaluru

Annual salary range
1 - 5 years exp.
₹3.5 Lakhs - ₹4 Lakhs
Salary of majority employees
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33% less than the average Premier Relationship Manager Salary in Insurance Companies for 1 - 5 years of experience

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Last Updated: 11 Aug 2024

Companies similar to Kotak Mahindara Life Insurance for Premier Relationship Manager in Bangalore / Bengaluru

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Kotak Mahindara Life Insurance Premier Relationship Manager Salary

1 - 5 years exp. (5 salaries)

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₹3.5 L/yr - ₹4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹6 L/yr - ₹6.9 L/yr

arrow icon 72% more
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₹4.7 L/yr - ₹6.1 L/yr

arrow icon 25% more
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₹5 L/yr - ₹6 L/yr

arrow icon 40% more
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₹5 L/yr - ₹5.2 L/yr

arrow icon 34% more
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₹17.3 L/yr - ₹29.1 L/yr

arrow icon 445% more
Premier Relationship Manager salary at Kotak Mahindara Life Insurance ranges between ₹3.5 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 5 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 Premier Relationship Manager in Bangalore / Bengaluru

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3 years exp.
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1 year exp.
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Experience wise Kotak Mahindara Life Insurance Premier Relationship Manager salaries in Bangalore / Bengaluru

Last Updated: 11 Aug 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹6.8 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.9 L/yr
5 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.9 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹2.25 L/yr - ₹5.5 L/yr
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₹5.4 L/yr - ₹6.05 L/yr
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₹2.8 L/yr - ₹3 L/yr

Top skills at Kotak Mahindara Life Insurance for Premier Relationship Manager

Life Insurance Sales banca sales Relationship Management Field Work Bancassurance Insurance Sales Direct Sales Cross Sales Agency Sales Field Sales direct marketing Agency Channel

Salary related reviews for Kotak Mahindara Life Insurance

5.0

Rated by 1 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.

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."

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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..

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 Premier Relationship Manager Salary FAQs

What is the salary of Premier Relationship Manager at Kotak Mahindara Life Insurance Bangalore / Bengaluru?
Premier Relationship Manager salary at Kotak Mahindara Life Insurance in Bangalore / Bengaluru ranges between ₹3.5 Lakhs to ₹4.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 33% less than the average Premier Relationship Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance Bangalore / Bengaluru.
How does the salary of a Premier Relationship Manager at Kotak Mahindara Life Insurance Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Premier Relationship Manager at Kotak Mahindara Life Insurance is 33% less than the average salary of a Premier Relationship Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.
What are the top skills required to work as a Premier Relationship Manager at Kotak Mahindara Life Insurance?
Life Insurance, Sales, banca sales, Relationship Management and Field Work are some of the popular skills required to work as a Premier Relationship Manager at Kotak Mahindara Life Insurance Bangalore / Bengaluru.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Premier Relationship Manager in Bangalore / Bengaluru?
  • HSBC Group Premier Relationship Manager Salary - ₹17.3 Lakhs to ₹29.1 Lakhs per year
  • ICICI Prudential Life Insurance Premier Relationship Manager Salary - ₹6.0 Lakhs to ₹6.9 Lakhs per year
  • Bajaj Allianz Life Insurance Premier Relationship Manager Salary - ₹5.0 Lakhs to ₹6.0 Lakhs per year
  • Aviva Life Insurance India Premier Relationship Manager Salary - ₹5.0 Lakhs to ₹5.2 Lakhs per year
  • Max Life Insurance Premier Relationship Manager Salary - ₹4.7 Lakhs to ₹6.1 Lakhs per year
What is the estimated take home salary of a Premier Relationship Manager at Kotak Mahindara Life Insurance in Bangalore / Bengaluru?
The estimated take-home salary of a Premier Relationship Manager at Kotak Mahindara Life Insurance ranges between ₹27,824 per month to ₹29,221 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Premier Relationship Manager salary in India which ranges between ₹3.5 Lakhs to ₹4.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Premier Relationship Manager at Kotak Mahindara Life Insurance in Bangalore / Bengaluru?
According to AmbitionBox, 67% of the Kotak Mahindara Life Insurance Premier Relationship Managers in Bangalore / Bengaluru reported a notice period of 2 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Premier Relationship Manager salary in Bangalore / Bengaluru ranges between ₹3.5 Lakhs to ₹4 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.