Kotak Mahindara Life Insurance Regional Manager Salaries by 10+ Employees (Updated 2025)

10 - 26 years exp.

₹10.3 Lakhs - ₹22 Lakhs

Salary of majority employees

6% more than the average Regional Manager Salary in Insurance Companies for 10 - 26 years of experience

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Salaries in different departments

BFSI, Investments & Trading Regional Manager Salary 15 - 26 years exp. (7 salaries)	₹12.6 L/yr - ₹22 L/yr
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Sales & Business Development Regional Manager Salary 10 - 17 years exp. (3 salaries)	₹11.1 L/yr - ₹20.7 L/yr

Last Updated: 4 Mar 2025

Companies similar to Kotak Mahindara Life Insurance for Regional Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Regional Manager Salary 16 - 22 years exp. (79 salaries)	₹13.4 L/yr - ₹35 L/yr 54% more
HDFC Life Regional Manager Salary 11 - 23 years exp. (18 salaries)	₹11.5 L/yr - ₹35.2 L/yr 31% more
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SBI Life Insurance Company Regional Manager Salary 12 - 30 years exp. (6 salaries)	₹30 L/yr - ₹39.1 L/yr 128% more
Axis Max Life Insurance Regional Manager Salary 11 - 21 years exp. (79 salaries)	₹7.6 L/yr - ₹32.8 L/yr 17% more
Bajaj Allianz Life Insurance Regional Manager Salary 5 - 23 years exp. (121 salaries)	₹7 L/yr - ₹23 L/yr 8% less
Reliance Nippon Life Insurance Regional Manager Salary 16 - 22 years exp. (40 salaries)	₹13 L/yr - ₹27 L/yr 37% more
Aditya Birla Sun Life Insurance Regional Manager Salary 8 - 25 years exp. (15 salaries)	₹14.5 L/yr - ₹38 L/yr 48% more
Tata AIA Life Insurance Regional Manager Salary 9 - 19 years exp. (75 salaries)	₹5.3 L/yr - ₹16 L/yr 26% less	12 job openings
PNB MetLife Regional Manager Salary 15 - 20 years exp. (54 salaries)	₹14 L/yr - ₹26 L/yr 29% more
Life Insurance Corporation of India Regional Manager Salary 21 - 31 years exp. (5 salaries)	₹12 L/yr - ₹34.9 L/yr 41% more
ICICI Lombard General Insurance Company Regional Manager Salary 4 - 18 years exp. (30 salaries)	₹7.3 L/yr - ₹19.9 L/yr 25% less
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HDFC Ergo General Insurance Regional Manager Salary 11 - 20 years exp. (25 salaries)	₹8 L/yr - ₹23.9 L/yr 6% less
Shriram Life Insurance Regional Manager Salary 11 - 22 years exp. (13 salaries)	₹8 L/yr - ₹22 L/yr 6% less	1 job opening
Star Health & Allied Insurance Regional Manager Salary 15 - 22 years exp. (10 salaries)	₹15.8 L/yr - ₹25.7 L/yr 20% more
United India Insurance Company Regional Manager Salary 29 - 33 years exp. (7 salaries)	₹9 L/yr - ₹34.4 L/yr 22% more
SBI General Insurance Regional Manager Salary 10 - 15 years exp. (5 salaries)	₹14.2 L/yr - ₹25 L/yr 11% more
The New India Assurance Co. Regional Manager Salary 30 - 32 years exp. (4 salaries)	₹22.9 L/yr - ₹24.2 L/yr 49% more
Kotak Mahindra General Insurance Regional Manager Salary 15 - 18 years exp. (4 salaries)	₹14.5 L/yr - ₹30 L/yr 49% more
The Oriental Insurance Co. Regional Manager Salary 31 years exp. (4 salaries)	₹8.4 L/yr - ₹24 L/yr 8% more
Allianz Regional Manager Salary 5 - 8 years exp. (3 salaries)	₹6.5 L/yr - ₹21.7 L/yr 27% less

Regional Manager salary at Kotak Mahindara Life Insurance ranges between ₹10.3 Lakhs to ₹22 Lakhs per year for employees with experience between 10 years to 26 years. Salary estimates are based on 12 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Regional Manager salaries

Last Updated: 4 Mar 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹21.7 L/yr
11 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
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12 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.9 L/yr
13 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 L/yr
14 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹16 L/yr
15+ years (11 salaries)	₹12.5 L/yr - ₹22 L/yr

View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Regional Head Salary

(4 salaries)

₹23 L/yr - ₹26.5 L/yr

Senior Sales Manager Salary

(60 salaries)

₹3 L/yr - ₹6.77 L/yr

Branch Manager Salary

(201 salaries)

₹4.5 L/yr - ₹13.5 L/yr

Area Manager Salary

(26 salaries)

₹5.7 L/yr - ₹17.9 L/yr

Regional Head Sales Salary

(3 salaries)

₹15.76 L/yr - ₹21.4 L/yr

Relationship Manager Salary

(175 salaries)

₹1.75 L/yr - ₹7 L/yr

Deputy Manager Salary

(947 salaries)

₹2 L/yr - ₹6.25 L/yr

Business Manager Salary

(4 salaries)

₹3.3 L/yr - ₹6.2 L/yr

Area Sales Manager Salary

(8 salaries)

₹3.5 L/yr - ₹8.4 L/yr

Cluster Manager Salary

(34 salaries)

₹4.96 L/yr - ₹14.55 L/yr

Top skills at Kotak Mahindara Life Insurance for Regional Manager

Beverage

Salary related reviews for Kotak Mahindara Life Insurance

3.8

Rated by 4 employees for salary & benefits

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."

Salary - Bad

+2 more

Deputy Manager in Mumbai

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

Skill development - Poor

+4 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..

Dislikes

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

Salary - Bad

+6 more

Deputy Manager in Thane

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

Salary - Poor

+5 more

Senior Sales Manager in New Delhi

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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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Kotak Mahindara Life Insurance Regional Manager Salary FAQs

What is the salary of Regional Manager at Kotak Mahindara Life Insurance?

Regional Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹10.3 Lakhs to ₹22.0 Lakhs for experience between 10 years to 26 years. According to our estimates it is 6% more than the average Regional Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Kotak Mahindara Life Insurance India.

How does the salary of a Regional Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?

The average salary of a Regional Manager at Kotak Mahindara Life Insurance is 6% more than the average salary of a Regional Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Regional Manager at Kotak Mahindara Life Insurance?

Beverage is a popular skill required to work as a Regional Manager at Kotak Mahindara Life Insurance.

Which similar companies are paying more than Kotak Mahindara Life Insurance to a Regional Manager in India?

SBI Life Insurance Company Regional Manager Salary - ₹30.0 Lakhs to ₹39.1 Lakhs per year
ICICI Prudential Life Insurance Regional Manager Salary - ₹13.4 Lakhs to ₹35.0 Lakhs per year
Kotak Mahindra General Insurance Regional Manager Salary - ₹14.5 Lakhs to ₹30.0 Lakhs per year
The New India Assurance Co. Regional Manager Salary - ₹22.9 Lakhs to ₹24.2 Lakhs per year
Aditya Birla Sun Life Insurance Regional Manager Salary - ₹14.5 Lakhs to ₹38.0 Lakhs per year

What is the salary of a Regional Manager in companies similar to Kotak Mahindara Life Insurance in India?

Life Insurance Corporation of India Regional Manager Salary - ₹12.0 Lakhs to ₹34.9 Lakhs per year
Reliance Nippon Life Insurance Regional Manager Salary - ₹13.0 Lakhs to ₹27.0 Lakhs per year
HDFC Life Regional Manager Salary - ₹11.5 Lakhs to ₹35.2 Lakhs per year
PNB MetLife Regional Manager Salary - ₹14.0 Lakhs to ₹26.0 Lakhs per year
United India Insurance Company Regional Manager Salary - ₹9.0 Lakhs to ₹34.4 Lakhs per year

What is the estimated take home salary of a Regional Manager at Kotak Mahindara Life Insurance in India?

The estimated take-home salary of a Regional Manager at Kotak Mahindara Life Insurance ranges between ₹1,08,336 per month to ₹1,11,327 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Regional Manager salary in India which ranges between ₹10.3 Lakhs to ₹22.0 Lakhs per year for employees with experience between 10 years to 26 years. Check how did we calculate take home salary?

What is the notice period for Regional Manager at Kotak Mahindara Life Insurance?

According to AmbitionBox, 65% of the Kotak Mahindara Life Insurance Regional Managers reported a notice period of 3 Months, 29% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Regional Manager Salaries

Kotak Mahindara Life Insurance Regional Manager salary in India ranges between ₹10.3 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.