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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Relationship Manager salaries in Kolkata

Annual salary range
0 - 6 years exp.
₹2.2 Lakhs - ₹3.2 Lakhs
Salary of majority employees
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43% less than the average Relationship Manager Salary in Insurance Companies for 0 - 6 years of experience

Interested in this particular role? 6 job openings

Salaries in different departments

Sales & Business Development
Relationship Manager Salary
0 - 6 years exp. (7 salaries)
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₹2.5 L/yr - ₹3.2 L/yr

BFSI, Investments & Trading
Relationship Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹3.6 L/yr

Marketing & Communication
Relationship Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.5 L/yr

Last Updated: 11 Oct 2024

Companies similar to Kotak Mahindara Life Insurance for Relationship Manager in Kolkata

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Kotak Mahindara Life Insurance Relationship Manager Salary

0 - 6 years exp. (13 salaries)

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₹2.2 L/yr - ₹3.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Relationship Manager Salary

0 - 10 years exp. (62 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 13% more
1 job opening
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₹2.7 L/yr - ₹5.6 L/yr

arrow icon 41% more
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₹3.7 L/yr - ₹5.8 L/yr

arrow icon 41% more
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₹2 L/yr - ₹5.6 L/yr

arrow icon 48% more
9 job openings
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₹1.7 L/yr - ₹4.8 L/yr

arrow icon 6% more
3 job openings
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PNB MetLife Relationship Manager Salary

0 - 12 years exp. (169 salaries)

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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 18% more
3 job openings
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₹2.4 L/yr - ₹5.2 L/yr

arrow icon 30% more
84 job openings
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₹2.1 L/yr - ₹3.5 L/yr

arrow icon 7% more
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₹3 L/yr - ₹7 L/yr

arrow icon 53% more
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₹1.9 L/yr - ₹4.9 L/yr

arrow icon 5% less
9 job openings
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₹2.5 L/yr - ₹4 L/yr

arrow icon 17% more
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₹1.7 L/yr - ₹4.3 L/yr

arrow icon 10% more
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₹3.8 L/yr - ₹5.2 L/yr

arrow icon 46% more
Relationship Manager salary at Kotak Mahindara Life Insurance ranges between ₹2.2 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 13 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Relationship Manager in Kolkata

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Experience wise Kotak Mahindara Life Insurance Relationship Manager salaries in Kolkata

Last Updated: 11 Oct 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3 L/yr
2 years  (6 salaries)

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₹2.2 L/yr - ₹3 L/yr
3 years  (3 salaries)

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₹2.4 L/yr - ₹5.4 L/yr
4 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Sales Manager Salary
(42 salaries)
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₹2.4 L/yr - ₹6.28 L/yr
Deputy Manager Salary
(42 salaries)
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₹2.3 L/yr - ₹4.79 L/yr
Branch Manager Salary
(17 salaries)
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₹5 L/yr - ₹12.81 L/yr

Top skills at Kotak Mahindara Life Insurance for Relationship Manager

Field Sales Sales Life Insurance direct marketing Relationship Management Insurance Sales Direct Sales Business Development B2B Sales General Insurance Sales Marketing B2C Sales Management Switching Life Insurance

Salary related reviews for Kotak Mahindara Life Insurance

4.3

Rated by 4 employees for salary & benefits

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..

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."

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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.

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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 Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Kotak Mahindara Life Insurance Kolkata?
Relationship Manager salary at Kotak Mahindara Life Insurance in Kolkata ranges between ₹2.2 Lakhs to ₹3.2 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 43% less than the average Relationship Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Kotak Mahindara Life Insurance Kolkata.
How does the salary of a Relationship Manager at Kotak Mahindara Life Insurance Kolkata compare with the average salary range for this job?
The average salary of a Relationship Manager at Kotak Mahindara Life Insurance is 43% less than the average salary of a Relationship Manager in Kolkata. To know exact salary insights, login to view.
What are the top skills required to work as a Relationship Manager at Kotak Mahindara Life Insurance?
Field Sales, Sales, Life Insurance, direct marketing and Relationship Management are some of the popular skills required to work as a Relationship Manager at Kotak Mahindara Life Insurance Kolkata.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Relationship Manager in Kolkata?
  • ICICI Lombard General Insurance Company Relationship Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
  • Max Life Insurance Relationship Manager Salary - ₹2.0 Lakhs to ₹5.6 Lakhs per year
  • Shriram Life Insurance Relationship Manager Salary - ₹3.8 Lakhs to ₹5.2 Lakhs per year
  • ICICI Prudential Life Insurance Relationship Manager Salary - ₹2.7 Lakhs to ₹5.6 Lakhs per year
  • SBI Life Insurance Company Relationship Manager Salary - ₹3.7 Lakhs to ₹5.8 Lakhs per year
What is the salary of a Relationship Manager in companies similar to Kotak Mahindara Life Insurance in Kolkata?
  • Tata AIA Life Insurance Relationship Manager Salary - ₹2.4 Lakhs to ₹5.2 Lakhs per year
  • PNB MetLife Relationship Manager Salary - ₹2.4 Lakhs to ₹4.5 Lakhs per year
  • Aditya Birla Sun Life Insurance Relationship Manager Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
  • HDFC Life Relationship Manager Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
  • Reliance Nippon Life Insurance Relationship Manager Salary - ₹1.7 Lakhs to ₹4.3 Lakhs per year
What is the estimated take home salary of a Relationship Manager at Kotak Mahindara Life Insurance in Kolkata?
The estimated take-home salary of a Relationship Manager at Kotak Mahindara Life Insurance ranges between ₹22,062 per month to ₹23,544 per month in Kolkata. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Relationship Manager salary in India which ranges between ₹2.2 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Relationship Manager at Kotak Mahindara Life Insurance in Kolkata?
According to AmbitionBox, 54% of the Kotak Mahindara Life Insurance Relationship Managers in Kolkata reported a notice period of 2 Months, 31% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Relationship Manager salary in Kolkata ranges between ₹2.2 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.