Kotak Mahindara Life Insurance Regional Sales Manager Salaries by 9 Employees (Updated 2025)

7 - 15 years exp.

₹6 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

37% less than the average Regional Sales Manager Salary in Insurance Companies for 7 - 15 years of experience

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Salaries in different departments

Sales & Business Development Regional Sales Manager Salary 7 - 15 years exp. (6 salaries)	₹6 L/yr - ₹12 L/yr
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BFSI, Investments & Trading Regional Sales Manager Salary 7 - 15 years exp. (3 salaries)	₹6 L/yr - ₹14 L/yr

Last Updated: 1 Jan 2025

Companies similar to Kotak Mahindara Life Insurance for Regional Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Regional Sales Manager Salary 2 - 15 years exp. (10 salaries)	₹8 L/yr - ₹20.5 L/yr 36% more
HDFC Life Regional Sales Manager Salary 7 - 20 years exp. (5 salaries)	₹7.1 L/yr - ₹29 L/yr 60% more
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SBI Life Insurance Company Regional Sales Manager Salary 1 - 26 years exp. (5 salaries)	₹3.7 L/yr - ₹6 L/yr 54% less
Max Life Insurance Regional Sales Manager Salary 10 - 24 years exp. (6 salaries)	₹11.8 L/yr - ₹28 L/yr 61% more
Bajaj Allianz Life Insurance Regional Sales Manager Salary 10 - 17 years exp. (11 salaries)	₹12.5 L/yr - ₹20.1 L/yr 42% more
Reliance Nippon Life Insurance Regional Sales Manager Salary 9 - 24 years exp. (5 salaries)	₹10 L/yr - ₹22.3 L/yr 51% more
Aditya Birla Sun Life Insurance Regional Sales Manager Salary 12 - 20 years exp. (44 salaries)	₹9 L/yr - ₹25 L/yr 75% more
Tata AIA Life Insurance Regional Sales Manager Salary 14 - 19 years exp. (40 salaries)	₹8.5 L/yr - ₹28 L/yr 90% more	1 job opening
PNB MetLife Regional Sales Manager Salary 8 - 18 years exp. (12 salaries)	₹11.5 L/yr - ₹20 L/yr 35% more
SBI General Insurance Regional Sales Manager Salary 13 - 22 years exp. (46 salaries)	₹11 L/yr - ₹36 L/yr 116% more
HDFC Ergo General Insurance Regional Sales Manager Salary 11 - 21 years exp. (33 salaries)	₹8 L/yr - ₹18.8 L/yr 52% more
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ICICI Lombard General Insurance Company Regional Sales Manager Salary 8 - 18 years exp. (13 salaries)	₹9 L/yr - ₹19 L/yr 28% more
Shriram Life Insurance Regional Sales Manager Salary 12 - 20 years exp. (5 salaries)	₹9 L/yr - ₹15 L/yr 17% more
Star Health & Allied Insurance Regional Sales Manager Salary 16 - 18 years exp. (5 salaries)	₹12 L/yr - ₹21.5 L/yr 53% more
Care Health Insurance Regional Sales Manager Salary 0 - 9 years exp. (4 salaries)	₹2.4 L/yr - ₹5.8 L/yr 57% less

Regional Sales Manager salary at Kotak Mahindara Life Insurance ranges between ₹6 Lakhs to ₹14 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Regional Sales Manager salaries

Last Updated: 1 Jan 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹14.2 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹15.3 L/yr
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9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹16.3 L/yr
10 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
11 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹18.4 L/yr
12 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
13 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
14 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹12 L/yr
15+ years (AmbitionBox Estimate)	₹12 L/yr - ₹14 L/yr

View all

Similar Designation salaries in Kotak Mahindara Life Insurance

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Senior Sales Manager Salary

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Cluster Manager Salary

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Assistant Vice President Sales Salary

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Top skills at Kotak Mahindara Life Insurance for Regional Sales Manager

B2B Sales Team Handling Operations Management Customer Service Data Annotation Salesforce Servicing Client Servicing Customer Service Management Back Office Operations Customer Support Branch Operations Business Process Management Operations Banking Operations

Salary related reviews for Kotak Mahindara Life Insurance

4.0

Rated by 1 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

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.

Salary - Excellent

+6 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

Sales Management Trainee in Hyderabad / Secunderabad

Life Insurance Department

5.0

• posted on 22 Apr 2022

4.0

for Salary and Benefits

Likes

...mates and manager also supportive and bring out best. Company policies are good. Get good salary hike and incentives.

Salary - Good

+6 more

Dislikes

There is nothing to say dislikes in our organization. From hr, manager, teammates all are very helpful always. In matters of career growth it will be little slow.

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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Mahindara Life Insurance Regional Sales Manager Salary FAQs

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

Regional Sales Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹6.0 Lakhs to ₹14.0 Lakhs for experience between 7 years to 15 years. According to our estimates it is 37% less than the average Regional Sales Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindara Life Insurance India.

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

The average salary of a Regional Sales Manager at Kotak Mahindara Life Insurance is 37% less than the average salary of a Regional Sales Manager in India. To know exact salary insights, login to view.

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

B2B Sales, Team Handling, Operations Management, Customer Service and Data Annotation are some of the popular skills required to work as a Regional Sales Manager at Kotak Mahindara Life Insurance India.

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

SBI General Insurance Regional Sales Manager Salary - ₹11.0 Lakhs to ₹36.0 Lakhs per year
Tata AIA Life Insurance Regional Sales Manager Salary - ₹8.5 Lakhs to ₹28.0 Lakhs per year
Aditya Birla Sun Life Insurance Regional Sales Manager Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year
Max Life Insurance Regional Sales Manager Salary - ₹11.8 Lakhs to ₹28.0 Lakhs per year
HDFC Life Regional Sales Manager Salary - ₹7.1 Lakhs to ₹29.0 Lakhs per year

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

Star Health & Allied Insurance Regional Sales Manager Salary - ₹12.0 Lakhs to ₹21.5 Lakhs per year
HDFC Ergo General Insurance Regional Sales Manager Salary - ₹8.0 Lakhs to ₹18.8 Lakhs per year
Reliance Nippon Life Insurance Regional Sales Manager Salary - ₹10.0 Lakhs to ₹22.3 Lakhs per year
Bajaj Allianz Life Insurance Regional Sales Manager Salary - ₹12.5 Lakhs to ₹20.1 Lakhs per year
ICICI Prudential Life Insurance Regional Sales Manager Salary - ₹8.0 Lakhs to ₹20.5 Lakhs per year

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

The estimated take-home salary of a Regional Sales Manager at Kotak Mahindara Life Insurance ranges between ₹75,439 per month to ₹77,393 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Regional Sales Manager salary in India which ranges between ₹6.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 7 years to 15 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 57% of the Kotak Mahindara Life Insurance Regional Sales Manager s reported a notice period of 3 Months, 29% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Regional Sales Manager Salaries by Location

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Kotak Mahindara Life Insurance Regional Sales Manager Salaries

Kotak Mahindara Life Insurance Regional Sales Manager salary in India ranges between ₹6 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

Kotak Mahindara Life Insurance Regional Sales Manager salaries in India

Companies similar to Kotak Mahindara Life Insurance for Regional Sales Manager

Latest annual salaries shared by Kotak Mahindara Life Insurance Regional Sales Manager

Experience wise Kotak Mahindara Life Insurance Regional Sales Manager salaries

Similar Designation salaries in Kotak Mahindara Life Insurance

Top skills at Kotak Mahindara Life Insurance for Regional Sales Manager

Salary related reviews for Kotak Mahindara Life Insurance

Sales Manager in Mumbai

Recruitment Development Manager in Kalyan / Dombivli

Relationship Manager in Kolkata

Sales Management Trainee in Hyderabad / Secunderabad

Senior Sales Manager in New Delhi

Kotak Mahindara Life Insurance Regional Sales Manager Salary FAQs

Tell us how to improve this page.

Kotak Mahindara Life Insurance Regional Sales Manager Salaries by Location