Kotak Mahindara Life Insurance Sales Development Manager Salaries by 3 Employees (Updated 2025)

0 - 4 years exp.

₹3.6 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Sales Development Manager Salary in Insurance Companies for 0 - 4 years of experience

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Last Updated: 19 Apr 2023

Companies similar to Kotak Mahindara Life Insurance for Sales Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Sales Development Manager Salary 1 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹5.2 L/yr 13% less
HDFC Life Sales Development Manager Salary 0 - 8 years exp. (921 salaries)	₹1.5 L/yr - ₹4.5 L/yr 29% less	7 job openings
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SBI Life Insurance Company Sales Development Manager Salary 0 - 8 years exp. (15 salaries)	₹2.5 L/yr - ₹4 L/yr 33% less
Max Life Insurance Sales Development Manager Salary 3 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹3 L/yr 42% less
Bajaj Allianz Life Insurance Sales Development Manager Salary 3 - 9 years exp. (4 salaries)	₹1.8 L/yr - ₹8.5 L/yr 7% more
Reliance Nippon Life Insurance Sales Development Manager Salary 0 - 3 years exp. (3 salaries)	₹2.6 L/yr - ₹3 L/yr 37% less
Tata AIA Life Insurance Sales Development Manager Salary 2 - 5 years exp. (5 salaries)	₹2.5 L/yr - ₹4.8 L/yr 20% less
Shriram Life Insurance Sales Development Manager Salary 1 - 3 years exp. (7 salaries)	₹1.8 L/yr - ₹2.4 L/yr 54% less
HDFC Ergo General Insurance Sales Development Manager Salary 3 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹2.7 L/yr 44% less
ICICI Lombard General Insurance Company Sales Development Manager Salary 2 - 14 years exp. (3 salaries)	₹3.3 L/yr - ₹6 L/yr 2% less

Sales Development Manager salary at Kotak Mahindara Life Insurance ranges between ₹3.6 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Sales Development Manager salaries

Last Updated: 19 Apr 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.1 L/yr - ₹8.8 L/yr
1 year (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.4 L/yr
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2 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹6.5 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.8 L/yr

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Salary related reviews for Kotak Mahindara Life Insurance

4.4

Rated by 4 employees for salary & benefits

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

Assistant Manager Branch Operations in Guwahati

Customer Success, Service & Operations Department

5.0

• posted on 29 Jul 2020

5.0

for Salary and Benefits

Likes

Kotak life as a company for me it is very supportive I am very satisfied with work culture also I found growth and opportunity in Future, Job security. I am always thankful to my exteem organization kotak life.

Salary - Excellent

+6 more

Dislikes

Nothing as such...but salary is decent in our department.

Recruitment Development Manager in Vadodara

Marketing & Communication Department

4.0

• posted on 10 Dec 2017

1.0

for Salary and Benefits

Likes

Training support is best. Knowledge update program good

Skill development - Excellent

Dislikes

...pior have to increase intelligence level. Man management skill want to improve. Need Good professional but with cheaper salary. Not justify with quality

Salary - Bad

+1 more

Recruitment Development Manager in Hisar

RECRUITMENT AND DEVELOPEMENT MANAGER Department

3.0

• posted on 27 Mar 2018

2.0

for Salary and Benefits

Likes

IN KOTAK LIFE TRAINING FOR MANAGERS IS VERY GOOD.

Skill development - Good

+1 more

Dislikes

SALARY PACKAGES ARE VERY LOW AND NO CAREER GROWTH BECAUSE THE CAREER EXPRESS TARGETS ARE MENTIONED WITH " * ". THERE IS NO PHONE BILL REMB. OR NO TRAVEL ALLOUNCE.

Salary - Poor

+1 more

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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 Sales Development Manager Salaries

Kotak Mahindara Life Insurance Sales Development Manager salary in India ranges between ₹3.6 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

Kotak Mahindara Life Insurance Sales Development Manager salaries in India

Companies similar to Kotak Mahindara Life Insurance for Sales Development Manager

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

Experience wise Kotak Mahindara Life Insurance Sales Development Manager salaries

Similar Designation salaries in Kotak Mahindara Life Insurance

Salary related reviews for Kotak Mahindara Life Insurance

Recruitment Development Manager in Kalyan / Dombivli

Relationship Manager in Kolkata

Assistant Manager Branch Operations in Guwahati

Recruitment Development Manager in Vadodara

Recruitment Development Manager in Hisar

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