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

5% 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
Bajaj Allianz Life Insurance Regional Manager Salary 11 - 23 years exp. (105 salaries)	₹7 L/yr - ₹23 L/yr 1% more
ICICI Prudential Life Insurance Regional Manager Salary 15 - 22 years exp. (90 salaries)	₹12.3 L/yr - ₹35 L/yr 52% more
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Tata AIA Life Insurance Regional Manager Salary 9 - 19 years exp. (78 salaries)	₹5.3 L/yr - ₹16 L/yr 26% less	10 job openings
Axis Max Life Insurance Regional Manager Salary 11 - 21 years exp. (77 salaries)	₹7.6 L/yr - ₹32.1 L/yr 18% more	1 job opening
Reliance Nippon Life Insurance Regional Manager Salary 16 - 22 years exp. (42 salaries)	₹13 L/yr - ₹27 L/yr 38% 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
HDFC Ergo General Insurance Regional Manager Salary 11 - 20 years exp. (25 salaries)	₹8 L/yr - ₹23.9 L/yr 6% less
HDFC Life Regional Manager Salary 11 - 23 years exp. (18 salaries)	₹11.5 L/yr - ₹35.2 L/yr 31% more
Aditya Birla Sun Life Insurance Regional Manager Salary 10 - 25 years exp. (15 salaries)	₹14.1 L/yr - ₹38 L/yr 54% more
Shriram Life Insurance Regional Manager Salary 11 - 22 years exp. (13 salaries)	₹8 L/yr - ₹22 L/yr 5% 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
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SBI Life Insurance Company Regional Manager Salary 12 - 30 years exp. (8 salaries)	₹30 L/yr - ₹39.1 L/yr 124% more
United India Insurance Company Regional Manager Salary 29 - 33 years exp. (7 salaries)	₹9 L/yr - ₹34.4 L/yr 22% more
The New India Assurance Co. Regional Manager Salary 30 - 32 years exp. (4 salaries)	₹24 L/yr - ₹25.3 L/yr 56% 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

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

(64 salaries)

₹3 L/yr - ₹6.8 L/yr

Branch Manager Salary

(203 salaries)

₹5 L/yr - ₹13.5 L/yr

Area Manager Salary

(30 salaries)

₹4.7 L/yr - ₹17.5 L/yr

Regional Head Sales Salary

(3 salaries)

₹15.76 L/yr - ₹21.4 L/yr

Relationship Manager Salary

(164 salaries)

₹2 L/yr - ₹7 L/yr

Deputy Manager Salary

(764 salaries)

₹2 L/yr - ₹5.69 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 - ₹15 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.

see more salary related reviews

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Kotak Mahindara Life Insurance Regional Manager Salary FAQs

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

The average salary of a Regional Manager at Kotak Mahindara Life Insurance in India typically ranges from ₹10.3 Lakhs to ₹22.0 Lakhs per year, depending on experience (from 10 years to 26 years).

The top 10% of Regional Manager at Kotak Mahindara Life Insurance earn more than ₹21.3 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Regional 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 10+ Kotak Mahindara Life Insurance employees in India.

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 in India typically ranges from ₹1,08,336 to ₹1,11,327 per month. This is based on the average salary range of ₹10.3 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from 10 years to 26 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 10+ 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 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 companies offer higher salaries than Kotak Mahindara Life Insurance for Regional Manager in India?

SBI Life Insurance Company	₹30.0 Lakhs to ₹39.1 Lakhs per year
The New India Assurance Co.	₹24.0 Lakhs to ₹25.3 Lakhs per year
Aditya Birla Sun Life Insurance	₹14.1 Lakhs to ₹38.0 Lakhs per year
ICICI Prudential Life Insurance	₹12.3 Lakhs to ₹35.0 Lakhs per year
Kotak Mahindra General Insurance	₹14.5 Lakhs to ₹30.0 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.

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

The salary of a Regional 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:

Reliance Nippon Life Insurance	₹13.0 Lakhs to ₹27.0 Lakhs per year
HDFC Life	₹11.5 Lakhs to ₹35.2 Lakhs per year
United India Insurance Company	₹9.0 Lakhs to ₹34.4 Lakhs per year
Star Health & Allied Insurance	₹15.8 Lakhs to ₹25.7 Lakhs per year
Axis Max Life Insurance	₹7.6 Lakhs to ₹32.1 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 Regional Manager at Kotak Mahindara Life Insurance in India?

The salary growth for a Regional Manager at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a Regional Manager can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience	Average Salary Range
10 years	₹5.2 Lakhs to ₹21.7 Lakhs per year
11 years	₹11.3 Lakhs to ₹14.4 Lakhs per year
12 years	₹11.7 Lakhs to ₹14.9 Lakhs per year
13 years	₹12.1 Lakhs to ₹15.5 Lakhs per year

and so on.

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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.