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This company page is being actively managed by Kotak Mahindara Life Insurance Team. If you also belong to the team, you can get access from here

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3.7

based on 2.9k Reviews

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Kotak Mahindara Life Insurance Recruitment Development Manager salaries in India (Updated 2025)

Annual salary range
0 - 12 years exp.
₹2.5 Lakhs - ₹5.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Recruitment Development Manager Salary in Insurance Companies for 0 - 12 years of experience

Interested in this particular role? 8 job openings

Salaries in different departments

Sales & Business Development
Recruitment Development Manager Salary
0 - 12 years exp. (206 salaries)
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₹2.5 L/yr - ₹5 L/yr

BFSI, Investments & Trading
Recruitment Development Manager Salary
0 - 12 years exp. (133 salaries)
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₹2.5 L/yr - ₹5.3 L/yr

Marketing & Communication
Recruitment Development Manager Salary
0 - 10 years exp. (68 salaries)
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₹3 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Recruitment Development Manager Salary
0 - 10 years exp. (53 salaries)
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₹2.6 L/yr - ₹5.1 L/yr

Finance & Accounting
Recruitment Development Manager Salary
0 - 10 years exp. (29 salaries)
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₹3 L/yr - ₹4.6 L/yr

View all

Last Updated: 6 Apr 2025

Companies similar to Kotak Mahindara Life Insurance for Recruitment Development Manager

Company name Avg Annual Salary Open Jobs
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Axis Max Life Insurance Recruitment Development Manager Salary

5 - 6 years exp. (4 salaries)
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₹3 L/yr - ₹4 L/yr

arrow icon 18% less
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Bajaj Allianz Life Insurance Recruitment Development Manager Salary

1 - 10 years exp. (4 salaries)
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₹3.3 L/yr - ₹3.5 L/yr

arrow icon 16% less
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SBI Life Insurance Company Recruitment Development Manager Salary

2 - 5 years exp. (3 salaries)
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₹2.3 L/yr - ₹2.9 L/yr

arrow icon 38% less
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Kotak Mahindra Bank Recruitment Development Manager Salary

2 - 8 years exp. (28 salaries)
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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 6% less
Recruitment Development Manager salary at Kotak Mahindara Life Insurance ranges between ₹2.5 Lakhs to ₹5.3 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 662 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Recruitment Development Manager

1d ago
₹5 Lakhs
2 years exp.
1d ago
₹4.3 Lakhs
6 months exp.
3d ago
₹3.9 Lakhs
5 years exp.
4d ago
₹3.5 Lakhs
2 months exp.
6d ago
₹4.4 Lakhs
7 years exp.
2w ago
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8 years exp.
2w ago
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6 years exp.
2w ago
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4 years exp.
3w ago
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1 year exp.
3w ago
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1 year exp.

Experience wise Kotak Mahindara Life Insurance Recruitment Development Manager salaries

Last Updated: 6 Apr 2025

Experience Avg Annual Salary
Fresher  (70 salaries)

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₹2.7 L/yr - ₹4.7 L/yr
1 year  (74 salaries)

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₹2.5 L/yr - ₹5 L/yr
2 years  (59 salaries)

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₹3 L/yr - ₹5 L/yr
3 years  (69 salaries)

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₹2.5 L/yr - ₹5.1 L/yr
4 years  (80 salaries)

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₹2.5 L/yr - ₹5 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Sales Manager Salary
(562 salaries)
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₹2 L/yr - ₹6 L/yr
Relationship Manager Salary
(216 salaries)
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₹1.8 L/yr - ₹7 L/yr
Branch Manager Salary
(204 salaries)
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₹5 L/yr - ₹13.5 L/yr
Business Development Manager Salary
(106 salaries)
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₹2.15 L/yr - ₹10.3 L/yr
Assistant Branch Manager Salary
(82 salaries)
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₹4.3 L/yr - ₹8.5 L/yr
Senior Sales Manager Salary
(64 salaries)
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₹3 L/yr - ₹6.8 L/yr
Cluster Manager Salary
(34 salaries)
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₹4.96 L/yr - ₹15 L/yr
Key Relationship Manager Salary
(30 salaries)
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₹2.5 L/yr - ₹3.75 L/yr
Assistant Vice President Sales Salary
(21 salaries)
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₹6.3 L/yr - ₹17.5 L/yr
Location Manager Salary
(21 salaries)
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₹7.5 L/yr - ₹13 L/yr

Top skills at Kotak Mahindara Life Insurance for Recruitment Development Manager

Salesforce Field Sales MR Pharmaceutical Sales Life Insurance Sales Life Insurance Agency Sales Insurance Sales Agent Recruitment Agency Channel Health Insurance Agency Sales Team Building Business Development

Salary related reviews for Kotak Mahindara Life Insurance

3.5

Rated by 189 employees for salary & benefits

Recruitment Development Manager in Kalyan / Dombivli

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
  • Salary - Excellent
    • +6 more

Recruitment Development Manager in Vadodara

Marketing & Communication Department

4.0
  •  posted on 10 Dec 2017
1.0
 for  Salary and Benefits

Likes

Training support is best. Knowledge update program good

  • Skill development - Excellent

Dislikes

...pior have to increase intelligence level. Man management skill want to improve. Need Good professional but with cheaper salary. Not justify with quality

read more
  • Salary - Bad
    • +1 more

Recruitment Development Manager in Hisar

RECRUITMENT AND DEVELOPEMENT MANAGER Department

3.0
  •  posted on 27 Mar 2018
2.0
 for  Salary and Benefits

Likes

IN KOTAK LIFE TRAINING FOR MANAGERS IS VERY GOOD.

  • Skill development - Good
    • +1 more

Dislikes

SALARY PACKAGES ARE VERY LOW AND NO CAREER GROWTH BECAUSE THE CAREER EXPRESS TARGETS ARE MENTIONED WITH " * ". THERE IS NO PHONE BILL REMB. OR NO TRAVEL ALLOUNCE.

read more
  • Salary - Poor
    • +1 more

Sales Manager in Mumbai

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

Relationship Manager in Kolkata

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..

  • Salary - Bad
    • +6 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Kotak Mahindara Life Insurance Recruitment Development Manager Salary FAQs

What is the salary of Recruitment Development Manager at Kotak Mahindara Life Insurance ?
The average salary of a Recruitment Development Manager at Kotak Mahindara Life Insurance in India typically ranges from ₹2.5 Lakhs to ₹5.3 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Recruitment Development Manager at Kotak Mahindara Life Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Recruitment Development 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 600+ Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Recruitment Development Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Recruitment Development Manager at Kotak Mahindara Life Insurance in India typically ranges from ₹29,920 to ₹31,235 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from Fresher to 12 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 600+ 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 Recruitment Development Manager at Kotak Mahindara Life Insurance ?
To be a Recruitment Development Manager at Kotak Mahindara Life Insurance in india, the key skills required include:

  • - Salesforce
  • - Field Sales
  • - MR
  • - Pharmaceutical Sales
  • - Life Insurance

These skills are highly valued at Kotak Mahindara Life Insurance and are crucial for successful performance in a Software Engineering role.
What is the salary of a Recruitment Development Manager in companies similar to Kotak Mahindara Life Insurance in India?
The salary of a Recruitment Development Manager at companies similar to Kotak Mahindara Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank ₹2.5 Lakhs to ₹4.5 Lakhs per year
Bajaj Allianz Life Insurance ₹3.3 Lakhs to ₹3.5 Lakhs per year
Axis Max Life Insurance ₹3.0 Lakhs to ₹4.0 Lakhs per year
SBI Life Insurance Company ₹2.3 Lakhs to ₹2.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Recruitment Development Manager at Kotak Mahindara Life Insurance in India?
The salary growth for a Recruitment Development Manager at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a Recruitment Development Manager can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
Fresher ₹2.7 Lakhs to ₹4.7 Lakhs per year
1 year ₹2.5 Lakhs to ₹5.0 Lakhs per year
2 years ₹3.0 Lakhs to ₹5.0 Lakhs per year
3 years ₹2.5 Lakhs to ₹5.1 Lakhs per year
and so on.

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Kotak Mahindara Life Insurance Recruitment Development Manager Salaries by Location

Kotak Mahindara Life Insurance Recruitment Development Manager salary in India ranges between ₹2.5 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 662 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.