Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Kotak Mahindara Life Insurance Team. If you also belong to the team, you can get access from here
3.8

based on 2.7k Reviews

filter salariesFilter salaries by

Kotak Mahindara Life Insurance Sales Management Trainee salaries in India

Annual salary range
0 - 2 years exp.
₹3.3 Lakhs - ₹4.5 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

47% less than the average Sales Management Trainee Salary in Insurance Companies for 0 - 2 years of experience

Interested in this particular role?

Last Updated: 7 Jan 2025

Companies similar to Kotak Mahindara Life Insurance for Sales Management Trainee

Company name Avg Annual Salary Open Jobs
unlock blur

₹5.3 L/yr - ₹7.5 L/yr

arrow icon 68% more
Logo
HDFC Life Sales Management Trainee Salary

0 - 3 years exp. (3 salaries)

unlock blur

₹7.8 L/yr - ₹9.8 L/yr

arrow icon 125% more
unlock blur

₹6 L/yr - ₹7.5 L/yr

arrow icon 74% more
unlock blur

₹5.3 L/yr - ₹13.8 L/yr

arrow icon 109% more
unlock blur

₹8 L/yr - ₹9.6 L/yr

arrow icon 129% more
Sales Management Trainee salary at Kotak Mahindara Life Insurance ranges between ₹3.3 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 2 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 Management Trainee salaries

Last Updated: 7 Jan 2025

Experience Avg Annual Salary
Fresher  (5 salaries)

unlock blur

₹3.3 L/yr - ₹4.5 L/yr
1 year (AmbitionBox Estimate)

unlock blur

₹3.4 L/yr - ₹4.3 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹1.5 L/yr - ₹3.8 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Sales Manager Salary
(530 salaries)
unlock blur
₹2.4 L/yr - ₹5.7 L/yr
Sales Representative Salary
(AmbitionBox Estimate)
unlock blur
₹3.6 L/yr - ₹4.6 L/yr
Sales Executive Salary
(34 salaries)
unlock blur
₹1.05 L/yr - ₹5 L/yr
Store Manager Salary
(AmbitionBox Estimate)
unlock blur
₹25.7 L/yr - ₹32.8 L/yr
unlock blur
₹4 L/yr - ₹13.8 L/yr
Salesman Salary
(4 salaries)
unlock blur
₹3.5 L/yr - ₹4.69 L/yr
Sales Officer Salary
(8 salaries)
unlock blur
₹1.5 L/yr - ₹5.5 L/yr
Sales Associate Salary
(11 salaries)
unlock blur
₹1.8 L/yr - ₹2.5 L/yr
Deputy Manager Salary
(859 salaries)
unlock blur
₹2 L/yr - ₹5.69 L/yr
unlock blur
₹3.8 L/yr - ₹5 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

4.2

Rated by 3 employees for salary & benefits

Life Insurance Department

5.0
  •  posted on 22 Apr 2022

4.0
 for  Salary and Benefits

Likes

...mates and manager also supportive and bring out best. Company policies are good. Get good salary hike and incentives.

read more

Dislikes

There is nothing to say dislikes in our organization. From hr, manager, teammates all are very helpful always. In matters of career growth it will be little slow.

read more

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."

read more

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

read more

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

read more

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..

see more salary related reviews

Discover interview dos and don'ts from real experiences

Kotak Mahindara Life Insurance Sales Management Trainee Salary FAQs

What is the salary of Sales Management Trainee at Kotak Mahindara Life Insurance?
Sales Management Trainee salary at Kotak Mahindara Life Insurance in India ranges between ₹3.3 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 47% less than the average Sales Management Trainee 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 Management Trainee at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Sales Management Trainee at Kotak Mahindara Life Insurance is 47% less than the average salary of a Sales Management Trainee in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Sales Management Trainee in India?
  • SBI General Insurance Sales Management Trainee Salary - ₹8.0 Lakhs to ₹9.6 Lakhs per year
  • HDFC Life Sales Management Trainee Salary - ₹7.8 Lakhs to ₹9.8 Lakhs per year
  • ICICI Lombard General Insurance Company Sales Management Trainee Salary - ₹5.3 Lakhs to ₹13.8 Lakhs per year
  • SBI Life Insurance Company Sales Management Trainee Salary - ₹6.0 Lakhs to ₹7.5 Lakhs per year
  • ICICI Prudential Life Insurance Sales Management Trainee Salary - ₹5.3 Lakhs to ₹7.5 Lakhs per year
What is the estimated take home salary of a Sales Management Trainee at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Sales Management Trainee at Kotak Mahindara Life Insurance ranges between ₹27,391 per month to ₹28,794 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Sales Management Trainee salary in India which ranges between ₹3.3 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?
What is the notice period for Sales Management Trainee at Kotak Mahindara Life Insurance?
According to AmbitionBox, 75% of the Kotak Mahindara Life Insurance Sales Management Trainees reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Sales Management Trainee salary in India ranges between ₹3.3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.