Kotak Mahindara Life Insurance Sales Executive Salaries by 30+ Employees (Updated 2025)

1 - 7 years exp.

₹1.1 Lakh - ₹5 Lakhs

Salary of majority employees

12% less than the average Sales Executive Salary in Insurance Companies for 1 - 7 years of experience

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Salaries in different departments

Sales & Business Development Sales Executive Salary 1 - 7 years exp. (12 salaries)	₹1.5 L/yr - ₹5 L/yr
BFSI, Investments & Trading Sales Executive Salary 1 - 3 years exp. (6 salaries)	₹1.8 L/yr - ₹3 L/yr
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Customer Success, Service & Operations Sales Executive Salary 1 - 3 years exp. (5 salaries)	₹1.2 L/yr - ₹2.8 L/yr
Finance & Accounting Sales Executive Salary 1 year exp. (AmbitionBox Estimate)	₹1.2 L/yr - ₹2.7 L/yr
Human Resources Sales Executive Salary 7 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹4.5 L/yr

Last Updated: 8 Jan 2025

Companies similar to Kotak Mahindara Life Insurance for Sales Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Sales Executive Salary 0 - 6 years exp. (145 salaries)	₹1.5 L/yr - ₹5.6 L/yr 16% more	3 job openings
HDFC Life Sales Executive Salary 0 - 6 years exp. (185 salaries)	₹1 L/yr - ₹5 L/yr 14% more	1 job opening
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SBI Life Insurance Company Sales Executive Salary 0 - 8 years exp. (57 salaries)	₹1 L/yr - ₹4.7 L/yr 1% less
Max Life Insurance Sales Executive Salary 0 - 6 years exp. (85 salaries)	₹1.8 L/yr - ₹5.5 L/yr 18% more
Bajaj Allianz Life Insurance Sales Executive Salary 1 - 6 years exp. (50 salaries)	₹1.4 L/yr - ₹4.6 L/yr 10% more
Reliance Nippon Life Insurance Sales Executive Salary 0 - 4 years exp. (136 salaries)	₹1 L/yr - ₹4.6 L/yr 17% less
Aditya Birla Sun Life Insurance Sales Executive Salary 0 - 5 years exp. (49 salaries)	₹2 L/yr - ₹4 L/yr 6% more
Tata AIA Life Insurance Sales Executive Salary 0 - 5 years exp. (32 salaries)	₹0.7 L/yr - ₹4.5 L/yr 2% more
PNB MetLife Sales Executive Salary 0 - 9 years exp. (38 salaries)	₹1.8 L/yr - ₹5.3 L/yr 19% more
Life Insurance Corporation of India Sales Executive Salary 1 - 7 years exp. (69 salaries)	₹1 L/yr - ₹6 L/yr 5% less
ICICI Lombard General Insurance Company Sales Executive Salary 0 - 6 years exp. (221 salaries)	₹1.1 L/yr - ₹5.3 L/yr 10% less
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HDFC Ergo General Insurance Sales Executive Salary 0 - 7 years exp. (216 salaries)	₹1.5 L/yr - ₹4.5 L/yr 12% more
Star Health & Allied Insurance Sales Executive Salary 0 - 10 years exp. (124 salaries)	₹1.3 L/yr - ₹4 L/yr 2% more
Shriram Life Insurance Sales Executive Salary 0 - 2 years exp. (58 salaries)	₹1.1 L/yr - ₹4 L/yr 25% less
SBI General Insurance Sales Executive Salary 2 - 7 years exp. (33 salaries)	₹1.9 L/yr - ₹4.3 L/yr 8% more
Care Health Insurance Sales Executive Salary 0 - 8 years exp. (27 salaries)	₹1.6 L/yr - ₹5 L/yr 5% more
Allianz Sales Executive Salary 2 - 6 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr 8% more
The New India Assurance Co. Sales Executive Salary 0 - 8 years exp. (3 salaries)	₹1.6 L/yr - ₹5 L/yr 14% more
Kotak Mahindra General Insurance Sales Executive Salary 1 - 3 years exp. (3 salaries)	₹2 L/yr - ₹3.9 L/yr 6% more
United India Insurance Company Sales Executive Salary 4 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 21% less

View all

Sales Executive salary at Kotak Mahindara Life Insurance ranges between ₹1.1 Lakh to ₹5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 34 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Sales Executive salaries

Last Updated: 8 Jan 2025

Experience	Avg Annual Salary
1 year (13 salaries)	₹1.2 L/yr - ₹3.7 L/yr
2 years (9 salaries)	₹1.1 L/yr - ₹3.5 L/yr
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3 years (7 salaries)	₹2 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr
7 years (3 salaries)	₹1.3 L/yr - ₹5 L/yr

View all

Similar Designation salaries in Kotak Mahindara Life Insurance

Marketing Executive Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Sales Officer Salary

(6 salaries)

₹2.77 L/yr - ₹4 L/yr

Sales Associate Salary

(11 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Sales Representative Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Sales Manager Salary

(538 salaries)

₹2.4 L/yr - ₹6 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹25.7 L/yr - ₹32.8 L/yr

Team Lead Salary

(42 salaries)

₹1.2 L/yr - ₹6.95 L/yr

Area Sales Manager Salary

(8 salaries)

₹4 L/yr - ₹13.8 L/yr

Deputy Manager Salary

(859 salaries)

₹2 L/yr - ₹5.69 L/yr

Top skills at Kotak Mahindara Life Insurance for Sales Executive

Telesales Telemarketing bfsi Life Insurance Cold Calling Insurance Insurance Sales Direct Sales Sales Outbound Sales insurance marketing Telecalling Insurance Advisory Agent Recruitment

Salary related reviews for Kotak Mahindara Life Insurance

3.4

Rated by 6 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

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 04 Jan 2025

3.0

for Salary and Benefits

Likes

Only job security

Dislikes

Work environment was not at all good hr and manager gives false commitment they ask to come on Sunday without pay 7 days a week and daily extend shift without any OT or something no positive environment they treat us like machine

Skill development - Poor

+4 more

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

Salary - Bad

+5 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

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

Salary - Poor

+5 more

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AmbitionBox

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 Executive Salary FAQs

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

Sales Executive salary at Kotak Mahindara Life Insurance in India ranges between ₹1.1 Lakhs to ₹5.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 12% less than the average Sales Executive Salary in India. Salary estimates are based on 34 latest salaries received from various employees of Kotak Mahindara Life Insurance India.

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

The average salary of a Sales Executive at Kotak Mahindara Life Insurance is 12% less than the average salary of a Sales Executive in India. To know exact salary insights, login to view.

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

Telesales, Telemarketing, bfsi, Life Insurance and Cold Calling are some of the popular skills required to work as a Sales Executive at Kotak Mahindara Life Insurance India.

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

PNB MetLife Sales Executive Salary - ₹1.8 Lakhs to ₹5.3 Lakhs per year
Max Life Insurance Sales Executive Salary - ₹1.8 Lakhs to ₹5.5 Lakhs per year
ICICI Prudential Life Insurance Sales Executive Salary - ₹1.5 Lakhs to ₹5.6 Lakhs per year
The New India Assurance Co. Sales Executive Salary - ₹1.6 Lakhs to ₹5.0 Lakhs per year
HDFC Life Sales Executive Salary - ₹1.0 Lakhs to ₹5.0 Lakhs per year

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

HDFC Ergo General Insurance Sales Executive Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
Bajaj Allianz Life Insurance Sales Executive Salary - ₹1.4 Lakhs to ₹4.6 Lakhs per year
SBI General Insurance Sales Executive Salary - ₹1.9 Lakhs to ₹4.3 Lakhs per year
Allianz Sales Executive Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindra General Insurance Sales Executive Salary - ₹2.0 Lakhs to ₹3.9 Lakhs per year

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

The estimated take-home salary of a Sales Executive at Kotak Mahindara Life Insurance ranges between ₹19,785 per month to ₹21,451 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Sales Executive salary in India which ranges between ₹1.1 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 61% of the Kotak Mahindara Life Insurance Sales Executives reported a notice period of 15 days or less, 13% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 31 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Sales Executive Salaries by Location

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Kotak Mahindara Life Insurance Sales Executive Salaries

Kotak Mahindara Life Insurance Sales Executive salary in India ranges between ₹1.1 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 34 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

Kotak Mahindara Life Insurance Sales Executive salaries in India

Companies similar to Kotak Mahindara Life Insurance for Sales Executive

Latest annual salaries shared by Kotak Mahindara Life Insurance Sales Executive

Experience wise Kotak Mahindara Life Insurance Sales Executive salaries

Similar Designation salaries in Kotak Mahindara Life Insurance

Top skills at Kotak Mahindara Life Insurance for Sales Executive

Salary related reviews for Kotak Mahindara Life Insurance

Sales Manager in Mumbai

Deputy Manager in Mumbai

Sales Associate in New Delhi

Relationship Manager in Kolkata

Deputy Manager in Thane

Kotak Mahindara Life Insurance Sales Executive Salary FAQs

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Kotak Mahindara Life Insurance Sales Executive Salaries by Location