Kotak Mahindara Life Insurance Sales Coordinator Salaries by 6 Employees (Updated 2024)

1 - 3 years exp.

₹1.5 Lakh - ₹2.8 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Sales Coordinator Salary in Insurance Companies for 1 - 3 years of experience

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Salaries in different departments

Food, Beverage & Hospitality Sales Coordinator Salary 1 - 3 years exp. (3 salaries)	₹1.5 L/yr - ₹2.5 L/yr
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BFSI, Investments & Trading Sales Coordinator Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 13 Mar 2023

Companies similar to Kotak Mahindara Life Insurance for Sales Coordinator

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Sales Coordinator Salary 0 - 3 years exp. (5 salaries)	₹0.6 L/yr - ₹2.5 L/yr 21% less
Max Life Insurance Sales Coordinator Salary 0 - 8 years exp. (8 salaries)	₹1.5 L/yr - ₹4.5 L/yr 63% more
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Bajaj Allianz Life Insurance Sales Coordinator Salary 2 - 7 years exp. (3 salaries)	₹2.2 L/yr - ₹3.2 L/yr 11% more
Reliance Nippon Life Insurance Sales Coordinator Salary 4 - 9 years exp. (6 salaries)	₹1.8 L/yr - ₹3.6 L/yr 33% more
Tata AIA Life Insurance Sales Coordinator Salary 0 - 6 years exp. (5 salaries)	₹2.2 L/yr - ₹3.8 L/yr 32% more
PNB MetLife Sales Coordinator Salary 1 - 6 years exp. (4 salaries)	₹1.2 L/yr - ₹1.5 L/yr 36% less
Life Insurance Corporation of India Sales Coordinator Salary 2 - 6 years exp. (5 salaries)	₹1.5 L/yr - ₹2 L/yr 17% less
ICICI Lombard General Insurance Company Sales Coordinator Salary 0 - 9 years exp. (17 salaries)	₹1.7 L/yr - ₹3.4 L/yr 8% more
HDFC Ergo General Insurance Sales Coordinator Salary 1 - 10 years exp. (9 salaries)	₹2 L/yr - ₹4.5 L/yr 57% more
Kotak Mahindra General Insurance Sales Coordinator Salary 3 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹5.1 L/yr 41% more
Care Health Insurance Sales Coordinator Salary 1 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹5 L/yr 35% more
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Shriram Life Insurance Sales Coordinator Salary 0 - 8 years exp. (3 salaries)	₹1.2 L/yr - ₹3.1 L/yr 6% more
Star Health & Allied Insurance Sales Coordinator Salary 0 - 3 years exp. (3 salaries)	₹1.2 L/yr - ₹3 L/yr At par

Sales Coordinator salary at Kotak Mahindara Life Insurance ranges between ₹1.5 Lakh to ₹2.8 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Sales Coordinator salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.5 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹2.8 L/yr
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3 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Sales Associate Salary

(11 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Sales Manager Salary

(526 salaries)

₹1.65 L/yr - ₹6 L/yr

Sales Officer Salary

(8 salaries)

₹1.5 L/yr - ₹5.5 L/yr

Sales Executive Salary

(35 salaries)

₹0.8 L/yr - ₹4.55 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹25.7 L/yr - ₹32.8 L/yr

Area Manager Salary

(22 salaries)

₹5.18 L/yr - ₹19.2 L/yr

Branch Manager Salary

(211 salaries)

₹4.5 L/yr - ₹12.81 L/yr

Area Sales Manager Salary

(8 salaries)

₹3.5 L/yr - ₹10 L/yr

Deputy Manager Salary

(936 salaries)

₹2 L/yr - ₹5.69 L/yr

Territory Manager Salary

(4 salaries)

₹15.38 L/yr - ₹20 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

3.0

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.

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."

Sales Associate in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 14 May 2024

1.0

for Salary and Benefits

Likes

Job Security

Dislikes

Top Most Management in this company is worst; decision-making skills are very low Salary packages are very low for junior profiles but there work load is huge as compared with there senior profiles. Zero salary hikes and annual bonuses also depend on your boss; if he wants to give you 100,000, you will get it; if he wants to give you 10,000, that is your bonus. Huge package difference between senior boss and junior employees (ex., senior . Sr. boss package is above 30 Lacs but junior package is below 5 Lacs), Very little appreciation employees

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..

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

Deputy Manager in Mumbai

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.

Dislikes

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

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a technical project manager

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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 Sales Coordinator Salary FAQs

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

Sales Coordinator salary at Kotak Mahindara Life Insurance in India ranges between ₹1.5 Lakhs to ₹2.8 Lakhs for experience between 1 years to 3 years. According to our estimates it is 36% less than the average Sales Coordinator Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance India.

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

The average salary of a Sales Coordinator at Kotak Mahindara Life Insurance is 36% less than the average salary of a Sales Coordinator in India. To know exact salary insights, login to view.

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

Max Life Insurance Sales Coordinator Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
HDFC Ergo General Insurance Sales Coordinator Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
Kotak Mahindra General Insurance Sales Coordinator Salary - ₹2.1 Lakhs to ₹5.1 Lakhs per year
Care Health Insurance Sales Coordinator Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
Reliance Nippon Life Insurance Sales Coordinator Salary - ₹1.8 Lakhs to ₹3.6 Lakhs per year

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

Tata AIA Life Insurance Sales Coordinator Salary - ₹2.2 Lakhs to ₹3.8 Lakhs per year
Bajaj Allianz Life Insurance Sales Coordinator Salary - ₹2.2 Lakhs to ₹3.2 Lakhs per year
ICICI Lombard General Insurance Company Sales Coordinator Salary - ₹1.7 Lakhs to ₹3.4 Lakhs per year
Shriram Life Insurance Sales Coordinator Salary - ₹1.2 Lakhs to ₹3.1 Lakhs per year
Star Health & Allied Insurance Sales Coordinator Salary - ₹1.2 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Sales Coordinator at Kotak Mahindara Life Insurance ranges between ₹14,404 per month to ₹15,920 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Sales Coordinator salary in India which ranges between ₹1.5 Lakhs to ₹2.8 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 33% of the Kotak Mahindara Life Insurance Sales Coordinators reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Sales Coordinator Salaries

Kotak Mahindara Life Insurance Sales Coordinator salary in India ranges between ₹1.5 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

Kotak Mahindara Life Insurance Sales Coordinator salaries in India

Companies similar to Kotak Mahindara Life Insurance for Sales Coordinator

Latest annual salaries shared by Kotak Mahindara Life Insurance Sales Coordinator

Experience wise Kotak Mahindara Life Insurance Sales Coordinator salaries

Similar Designation salaries in Kotak Mahindara Life Insurance

Salary related reviews for Kotak Mahindara Life Insurance

Sales Manager in Mumbai

Sales Associate in New Delhi

Relationship Manager in Kolkata

Deputy Manager in Thane

Deputy Manager in Mumbai

Kotak Mahindara Life Insurance Sales Coordinator Salary FAQs

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