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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Annual salary range
0 - 7 years exp.
₹2.4
Lakhs - ₹4.5
Lakhs
Login to view
detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary33% less than the average Relationship Manager Salary in Insurance Companies for 0 - 7 years of experience
Interested in this particular role? 6 job openings
Salaries in different departments
BFSI, Investments & Trading
Relationship Manager Salary
0 - 7
years
exp.
(12
salaries)
|  ₹2.4 L/yr - ₹4.2 L/yr |
Sales & Business Development
Relationship Manager Salary
0 - 4
years
exp.
(6
salaries)
| ₹3 L/yr - ₹4.5 L/yr |
Login to view exact salary
| |
Marketing & Communication
Relationship Manager Salary
1 - 2
years
exp.
(4
salaries)
| ₹2.5 L/yr - ₹3.5 L/yr |
Customer Success, Service & Operations
Relationship Manager Salary Fresher
(AmbitionBox Estimate)
| ₹3.5 L/yr - ₹4.2 L/yr |
Finance & Accounting
Relationship Manager Salary
2
years
exp.
(AmbitionBox Estimate)
| ₹3 L/yr - ₹4.1 L/yr |
Companies similar to Kotak Mahindara Life Insurance for Relationship Manager in Mumbai
Kotak Mahindara Life Insurance
Relationship Manager Salary
0 - 7 years exp. (30 salaries) |  ₹2.4 L/yr - ₹4.5 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Relationship Manager Salary
0 - 10 years exp. (101 salaries) | ₹2 L/yr - ₹5 L/yr 
3%
less | 1 job opening |
 ICICI Prudential Life Insurance Relationship Manager Salary
0 - 7 years exp. (48 salaries) | ₹2.2 L/yr - ₹9 L/yr 
23%
more | |
Login to view exact salary
| ||
 SBI Life Insurance Company Relationship Manager Salary
2 - 6 years exp. (6 salaries) | ₹3.2 L/yr - ₹5 L/yr
19%
more | |
 Max Life Insurance Relationship Manager Salary
0 - 8 years exp. (33 salaries) | ₹2 L/yr - ₹7 L/yr
32%
more | 13 job openings |
 Bajaj Allianz Life Insurance Relationship Manager Salary
0 - 8 years exp. (51 salaries) | ₹1.8 L/yr - ₹4.5 L/yr
7%
less | |
 Tata AIA Life Insurance Relationship Manager Salary
0 - 9 years exp. (143 salaries) | ₹2 L/yr - ₹5 L/yr
13%
more | 190 job openings |
 PNB MetLife Relationship Manager Salary
0 - 9 years exp. (102 salaries) | ₹2.4 L/yr - ₹4.5 L/yr
3%
more | 3 job openings |
 ICICI Lombard General Insurance Company Relationship Manager Salary
0 - 14 years exp. (51 salaries) | ₹2 L/yr - ₹8.3 L/yr
32%
more | |
 Star Health & Allied Insurance Relationship Manager Salary
0 - 10 years exp. (38 salaries) | ₹1.5 L/yr - ₹4.1 L/yr
9%
less | 1 job opening |
 Care Health Insurance Relationship Manager Salary
1 - 7 years exp. (30 salaries) | ₹2.2 L/yr - ₹4.5 L/yr
16%
less | 6 job openings |
 Aditya Birla Sun Life Insurance Relationship Manager Salary
0 - 7 years exp. (21 salaries) | ₹2.2 L/yr - ₹6 L/yr
3%
more | |
Login to view exact salary
| ||
 Reliance Nippon Life Insurance Relationship Manager Salary
0 - 5 years exp. (9 salaries) | ₹2 L/yr - ₹3.6 L/yr
3%
less | |
 Kotak Mahindra General Insurance Relationship Manager Salary
2 - 8 years exp. (7 salaries) | ₹2.4 L/yr - ₹4.3 L/yr
12%
less | |
 HDFC Ergo General Insurance Relationship Manager Salary
2 - 7 years exp. (7 salaries) | ₹2.5 L/yr - ₹4.1 L/yr
6%
more | |
 Shriram Life Insurance Relationship Manager Salary
1 - 2 years exp. (3 salaries) | ₹4.2 L/yr - ₹5.5 L/yr
25%
more | |
 Aegon Religare Life Insurance Relationship Manager Salary
1 - 2 years exp. (3 salaries) | ₹2.6 L/yr - ₹3.6 L/yr
13%
less | |
Relationship Manager salary at Kotak Mahindara Life Insurance ranges between ₹2.4
Lakhs
to ₹4.5
Lakhs
per year for employees with less than 1 year of experience to 7 years. Salary
estimates are based on
30 latest salaries received
from various employees of Kotak Mahindara Life Insurance.
Latest annual salaries shared by Kotak Mahindara Life Insurance Relationship Manager in Mumbai
1mo ago
6
years
exp.
3mo ago
3
months
exp.
3mo ago
5
years
exp.
4mo ago
3
years
exp.
5mo ago
3
years
exp.
5mo ago
3
years
exp.
7mo ago
2
years
exp.
11mo ago
7
months
exp.
1y ago
6
years
exp.
1y ago
1
month
exp.
Experience wise Kotak Mahindara Life Insurance Relationship Manager salaries in Mumbai
Last Updated: 1 Nov 2024
| Experience | Avg Annual Salary |
|---|---|
| Fresher (5 salaries) |
₹2.4
L/yr
- ₹3.5
L/yr
|
| 1 year (6 salaries) |
₹2.5
L/yr
- ₹3.8
L/yr
|
Login to view exact salary
| |
| 2 years (4 salaries) |
₹2.5
L/yr
- ₹3.5
L/yr
|
| 3 years (6 salaries) |
₹2.5
L/yr
- ₹4.5
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹3.5
L/yr
- ₹6.5
L/yr
|
View all
Similar Designation salaries in Kotak Mahindara Life Insurance
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
Life Insurance
B2C
Sales Management
Switching
Salary related reviews for Kotak Mahindara Life Insurance
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Top trending discussions
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Salary Discussions, Hike & Promotions
1w
a technical project manager
Deadend
Hi,
I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA.
I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation.
I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component.
I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this.
What should be my next move?
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Kotak Mahindara Life Insurance Relationship Manager Salary FAQs
What is the salary of Relationship Manager at Kotak Mahindara Life Insurance Mumbai?
Relationship Manager salary at Kotak Mahindara Life Insurance in Mumbai ranges between ₹2.4 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 33% less than the average Relationship Manager Salary in India. Salary estimates are based on 30 latest salaries received from various employees of Kotak Mahindara Life Insurance Mumbai.
How does the salary of a Relationship Manager at Kotak Mahindara Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Relationship Manager at Kotak Mahindara Life Insurance is 33% less than the average salary of a Relationship Manager in Mumbai. 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 Mumbai.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Relationship Manager in Mumbai?
- Max Life Insurance Relationship Manager Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
- ICICI Lombard General Insurance Company Relationship Manager Salary - ₹2.0 Lakhs to ₹8.3 Lakhs per year
- Shriram Life Insurance Relationship Manager Salary - ₹4.2 Lakhs to ₹5.5 Lakhs per year
- ICICI Prudential Life Insurance Relationship Manager Salary - ₹2.2 Lakhs to ₹9.0 Lakhs per year
- SBI Life Insurance Company Relationship Manager Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year
What is the salary of a Relationship Manager in companies similar to Kotak Mahindara Life Insurance in Mumbai?
- Tata AIA Life Insurance Relationship Manager Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
- HDFC Ergo General Insurance Relationship Manager Salary - ₹2.5 Lakhs to ₹4.1 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 - ₹2.2 Lakhs to ₹6.0 Lakhs per year
- Reliance Nippon Life Insurance Relationship Manager Salary - ₹2.0 Lakhs to ₹3.6 Lakhs per year
What is the estimated take home salary of a Relationship Manager at Kotak Mahindara Life Insurance in Mumbai?
The estimated take-home salary of a Relationship Manager at Kotak Mahindara Life Insurance ranges between ₹25,819 per month to ₹27,246 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Relationship Manager salary in India which ranges between ₹2.4 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?
What is the notice period for Relationship Manager at Kotak Mahindara Life Insurance in Mumbai?
According to AmbitionBox, 40% of the Kotak Mahindara Life Insurance Relationship Managers in Mumbai reported a notice period of 15 days or less, 40% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.
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- Kotak Mahindara Life Insurance Relationship Manager Salaries in Mumbai
Kotak Mahindara Life Insurance Relationship Manager salary
in
Mumbai
ranges between ₹2.4
Lakhs to ₹4.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
30
Kotak Mahindara Life Insurance latest salaries received from various employees of
Kotak Mahindara Life Insurance.