Kotak Mahindara Life Insurance Sales Officer Salaries by 6 Employees (Updated 2025)

0 - 5 years exp.

₹2.8 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

18% less than the average Sales Officer Salary in Insurance Companies for 0 - 5 years of experience

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Last Updated: 30 Dec 2023

Companies similar to Kotak Mahindara Life Insurance for Sales Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Sales Officer Salary 0 - 6 years exp. (42 salaries)	₹1.8 L/yr - ₹4.3 L/yr 13% more
HDFC Life Sales Officer Salary 1 - 5 years exp. (64 salaries)	₹1.4 L/yr - ₹4.4 L/yr At par
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SBI Life Insurance Company Sales Officer Salary 0 - 6 years exp. (103 salaries)	₹1.7 L/yr - ₹3.8 L/yr 8% less
Max Life Insurance Sales Officer Salary 0 - 5 years exp. (52 salaries)	₹1.6 L/yr - ₹3.6 L/yr 9% less
Bajaj Allianz Life Insurance Sales Officer Salary 0 - 8 years exp. (23 salaries)	₹2 L/yr - ₹5.5 L/yr 8% more
Reliance Nippon Life Insurance Sales Officer Salary 1 - 5 years exp. (15 salaries)	₹1.5 L/yr - ₹4.1 L/yr 21% less
Aditya Birla Sun Life Insurance Sales Officer Salary 0 - 5 years exp. (11 salaries)	₹2 L/yr - ₹4 L/yr 6% less
Tata AIA Life Insurance Sales Officer Salary 1 - 8 years exp. (13 salaries)	₹2.7 L/yr - ₹4.7 L/yr 18% more
PNB MetLife Sales Officer Salary 0 - 9 years exp. (10 salaries)	₹1.5 L/yr - ₹4.1 L/yr 3% less
Life Insurance Corporation of India Sales Officer Salary 2 - 9 years exp. (11 salaries)	₹1 L/yr - ₹5 L/yr 12% less
ICICI Lombard General Insurance Company Sales Officer Salary 1 - 5 years exp. (153 salaries)	₹0.9 L/yr - ₹4 L/yr 23% less
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Care Health Insurance Sales Officer Salary 1 - 8 years exp. (52 salaries)	₹1.2 L/yr - ₹5 L/yr 6% less
Star Health & Allied Insurance Sales Officer Salary 0 - 6 years exp. (50 salaries)	₹1.7 L/yr - ₹3.9 L/yr 12% less
HDFC Ergo General Insurance Sales Officer Salary 0 - 6 years exp. (46 salaries)	₹1.6 L/yr - ₹4.5 L/yr 2% more
Shriram Life Insurance Sales Officer Salary 0 - 6 years exp. (36 salaries)	₹1.3 L/yr - ₹3.5 L/yr 13% less
SBI General Insurance Sales Officer Salary 2 - 6 years exp. (5 salaries)	₹2 L/yr - ₹5 L/yr 10% more
Kotak Mahindra General Insurance Sales Officer Salary 2 - 5 years exp. (4 salaries)	₹1.5 L/yr - ₹3.5 L/yr 26% less

Sales Officer salary at Kotak Mahindara Life Insurance ranges between ₹2.8 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 5 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 Officer salaries

Last Updated: 30 Dec 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.3 L/yr
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr

View all

Similar Designation salaries in Kotak Mahindara Life Insurance

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Senior Sales Officer Salary

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₹3.8 L/yr - ₹5 L/yr

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Sales Associate Salary

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Store Manager Salary

(AmbitionBox Estimate)

₹25.7 L/yr - ₹32.8 L/yr

Relationship Officer Salary

(4 salaries)

₹2.15 L/yr - ₹5 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

Team Lead Salary

(42 salaries)

₹1.2 L/yr - ₹6.95 L/yr

Sales Representative Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Top skills at Kotak Mahindara Life Insurance for Sales Officer

Communication Skills Presentation Skills Leadership Skills Team Management Convincing Power

Salary related reviews for Kotak Mahindara Life Insurance

4.9

Rated by 3 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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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 Officer Salary FAQs

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

Sales Officer salary at Kotak Mahindara Life Insurance in India ranges between ₹2.8 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 18% less than the average Sales Officer 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 Officer at Kotak Mahindara Life Insurance India compare with the average salary range for this job?

The average salary of a Sales Officer at Kotak Mahindara Life Insurance is 18% less than the average salary of a Sales Officer in India. To know exact salary insights, login to view.

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

Communication Skills, Presentation Skills, Leadership Skills, Team Management and Convincing Power are some of the popular skills required to work as a Sales Officer at Kotak Mahindara Life Insurance India.

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

Tata AIA Life Insurance Sales Officer Salary - ₹2.7 Lakhs to ₹4.7 Lakhs per year
ICICI Prudential Life Insurance Sales Officer Salary - ₹1.8 Lakhs to ₹4.3 Lakhs per year
SBI General Insurance Sales Officer Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz Life Insurance Sales Officer Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
HDFC Ergo General Insurance Sales Officer Salary - ₹1.6 Lakhs to ₹4.5 Lakhs per year

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

HDFC Life Sales Officer Salary - ₹1.4 Lakhs to ₹4.4 Lakhs per year
PNB MetLife Sales Officer Salary - ₹1.5 Lakhs to ₹4.1 Lakhs per year
Aditya Birla Sun Life Insurance Sales Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Care Health Insurance Sales Officer Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
SBI Life Insurance Company Sales Officer Salary - ₹1.7 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a Sales Officer at Kotak Mahindara Life Insurance ranges between ₹20,509 per month to ₹22,165 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Sales Officer salary in India which ranges between ₹2.8 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 80% of the Kotak Mahindara Life Insurance Sales Officers reported a notice period of 1 Month, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Sales Officer Salaries

Kotak Mahindara Life Insurance Sales Officer salary in India ranges between ₹2.8 Lakhs to ₹4 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.