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Kotak Mahindara Life Insurance Regional Manager salaries in Chandigarh

Annual salary range
15 - 21 years exp.
₹12.5 Lakhs - ₹20.1 Lakhs
Salary of majority employees
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21% more than the average Regional Manager Salary in Insurance Companies for 15 - 21 years of experience

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Last Updated: 19 May 2024

Companies similar to Kotak Mahindara Life Insurance for Regional Manager in Chandigarh

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Kotak Mahindara Life Insurance Regional Manager Salary

15 - 21 years exp. (4 salaries)

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₹12.5 L/yr - ₹20.1 L/yr

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Company name Avg Annual Salary Open Jobs
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Max Life Insurance Regional Manager Salary

11 - 21 years exp. (3 salaries)

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₹11.9 L/yr - ₹21.6 L/yr

arrow icon 14% more
1 job opening
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₹16 L/yr - ₹23 L/yr

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Tata AIA Life Insurance Regional Manager Salary

10 - 18 years exp. (6 salaries)

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₹10.6 L/yr - ₹12.5 L/yr

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17 job openings
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PNB MetLife Regional Manager Salary

16 - 19 years exp. (5 salaries)

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₹18.5 L/yr - ₹21 L/yr

arrow icon 18% more
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FDC Regional Manager Salary

11 - 24 years exp. (6 salaries)

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₹8 L/yr - ₹10 L/yr

arrow icon 51% less
Regional Manager salary at Kotak Mahindara Life Insurance ranges between ₹12.5 Lakhs to ₹20.1 Lakhs per year for employees with experience between 15 years to 21 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Regional Manager in Chandigarh

7mo ago
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16 years exp.
7mo ago
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21 years exp.
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20 years exp.
11mo ago
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15 years exp.

Experience wise Kotak Mahindara Life Insurance Regional Manager salaries in Chandigarh

Last Updated: 19 May 2024

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹12.5 L/yr - ₹20.1 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Branch Manager Salary
(5 salaries)
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₹8 L/yr - ₹11 L/yr

Top skills at Kotak Mahindara Life Insurance for Regional Manager

Beverage

Salary related reviews for Kotak Mahindara Life Insurance

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."

read 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..

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.

read more

Dislikes

Politics.low or no salary hike. Appraise are not done fairly. No defined timing to work.

read more
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Kotak Mahindara Life Insurance Regional Manager Salary FAQs

What is the salary of Regional Manager at Kotak Mahindara Life Insurance Chandigarh?
Regional Manager salary at Kotak Mahindara Life Insurance in Chandigarh ranges between ₹12.5 Lakhs to ₹20.1 Lakhs for experience between 15 years to 21 years. According to our estimates it is 21% more than the average Regional Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance Chandigarh.
How does the salary of a Regional Manager at Kotak Mahindara Life Insurance Chandigarh compare with the average salary range for this job?
The average salary of a Regional Manager at Kotak Mahindara Life Insurance is 21% more than the average salary of a Regional Manager in Chandigarh. 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 Chandigarh?
  • PNB MetLife Regional Manager Salary - ₹18.5 Lakhs to ₹21.0 Lakhs per year
  • Max Life Insurance Regional Manager Salary - ₹11.9 Lakhs to ₹21.6 Lakhs per year
What is the salary of a Regional Manager in companies similar to Kotak Mahindara Life Insurance in Chandigarh?
  • Bajaj Allianz Life Insurance Regional Manager Salary - ₹16.0 Lakhs to ₹23.0 Lakhs per year
  • Tata AIA Life Insurance Regional Manager Salary - ₹10.6 Lakhs to ₹12.5 Lakhs per year
  • FDC Regional Manager Salary - ₹8.0 Lakhs to ₹10.0 Lakhs per year
What is the estimated take home salary of a Regional Manager at Kotak Mahindara Life Insurance in Chandigarh?
The estimated take-home salary of a Regional Manager at Kotak Mahindara Life Insurance ranges between ₹1,17,133 per month to ₹1,20,408 per month in Chandigarh. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Regional Manager salary in India which ranges between ₹12.5 Lakhs to ₹20.1 Lakhs per year for employees with experience between 15 years to 21 years. Check how did we calculate take home salary?
What is the notice period for Regional Manager at Kotak Mahindara Life Insurance in Chandigarh?
According to AmbitionBox, 67% of the Kotak Mahindara Life Insurance Regional Managers in Chandigarh reported a notice period of 2 Months, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Regional Manager salary in Chandigarh ranges between ₹12.5 Lakhs to ₹20.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.