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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

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Kotak Mahindara Life Insurance Sales Team Leader salaries in India

Annual salary range
0 - 6 years exp.
₹1.2 Lakh - ₹7.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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27% less than the average Sales Team Leader Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Sales Team Leader Salary
Fresher (AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.3 L/yr

Research & Development
Sales Team Leader Salary
2 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 7 Oct 2024

Companies similar to Kotak Mahindara Life Insurance for Sales Team Leader

Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹5.9 L/yr

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HDFC Life Sales Team Leader Salary

1 - 2 years exp. (3 salaries)

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₹2.2 L/yr - ₹3 L/yr

arrow icon 32% less
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₹1.4 L/yr - ₹3.6 L/yr

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Max Life Insurance Sales Team Leader Salary

3 - 5 years exp. (4 salaries)

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₹2 L/yr - ₹4.6 L/yr

arrow icon 2% less
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₹2 L/yr - ₹3.6 L/yr

arrow icon 28% less
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₹3.5 L/yr - ₹4 L/yr

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PNB MetLife Sales Team Leader Salary

2 - 14 years exp. (4 salaries)

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₹3.2 L/yr - ₹7.2 L/yr

arrow icon 42% more
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₹2 L/yr - ₹3 L/yr

arrow icon 34% less
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₹3.4 L/yr - ₹7.2 L/yr

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₹3.8 L/yr - ₹4 L/yr

arrow icon 10% more
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₹4 L/yr - ₹6 L/yr

arrow icon 40% more
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₹2.5 L/yr - ₹5.4 L/yr

arrow icon 6% more
Sales Team Leader salary at Kotak Mahindara Life Insurance ranges between ₹1.2 Lakh to ₹7.3 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Sales Team Leader

2mo ago
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6 years exp.
2mo ago
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6 years exp.
8mo ago
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2 months exp.
1y ago
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2 years exp.
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2 years exp.

Experience wise Kotak Mahindara Life Insurance Sales Team Leader salaries

Last Updated: 7 Oct 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.2 L/yr - ₹1.2 L/yr
1 year (AmbitionBox Estimate)

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₹1.1 L/yr - ₹1.4 L/yr
2 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.2 L/yr
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Similar Designation salaries in Kotak Mahindara Life Insurance

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₹2.5 L/yr - ₹5.2 L/yr
Sales Manager Salary
(533 salaries)
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₹2.4 L/yr - ₹6.28 L/yr
Branch Manager Salary
(200 salaries)
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₹4.5 L/yr - ₹13 L/yr
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₹1.8 L/yr - ₹5.8 L/yr
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₹2 L/yr - ₹10.3 L/yr
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₹3 L/yr - ₹6.8 L/yr
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₹4.45 L/yr - ₹8.04 L/yr
Cluster Manager Salary
(33 salaries)
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₹4.96 L/yr - ₹12.5 L/yr
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₹2.5 L/yr - ₹3.75 L/yr
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₹6.3 L/yr - ₹17.5 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

3.1

Rated by 2 employees for salary & benefits

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."

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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.

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..

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Dislikes

I like nothing about them.. I m with my word..

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.

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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.

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Sales Department

5.0
  •  posted on 06 May 2021

4.0
 for  Salary and Benefits

Likes

Kotak working environment is overall good. Give space to employees to work on their own. Job security is there.

Dislikes

Salary structure is quite low and apprehensive. Difficult to co relate with target and hard work you put in. No goal sheet which directly linked with growth and appraisal.

read more
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Kotak Mahindara Life Insurance Sales Team Leader Salary FAQs

What is the salary of Sales Team Leader at Kotak Mahindara Life Insurance?
Sales Team Leader salary at Kotak Mahindara Life Insurance in India ranges between ₹1.2 Lakhs to ₹7.3 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 27% less than the average Sales Team Leader Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Sales Team Leader at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Sales Team Leader at Kotak Mahindara Life Insurance is 27% less than the average salary of a Sales Team Leader in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Sales Team Leader in India?
  • PNB MetLife Sales Team Leader Salary - ₹3.2 Lakhs to ₹7.2 Lakhs per year
  • Care Health Insurance Sales Team Leader Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year
  • Star Health & Allied Insurance Sales Team Leader Salary - ₹3.4 Lakhs to ₹7.2 Lakhs per year
  • ICICI Prudential Life Insurance Sales Team Leader Salary - ₹2.5 Lakhs to ₹5.9 Lakhs per year
  • Shriram Life Insurance Sales Team Leader Salary - ₹3.8 Lakhs to ₹4.0 Lakhs per year
What is the salary of a Sales Team Leader in companies similar to Kotak Mahindara Life Insurance in India?
  • HDFC Ergo General Insurance Sales Team Leader Salary - ₹2.5 Lakhs to ₹5.4 Lakhs per year
  • Reliance Nippon Life Insurance Sales Team Leader Salary - ₹3.5 Lakhs to ₹4.0 Lakhs per year
  • Max Life Insurance Sales Team Leader Salary - ₹2.0 Lakhs to ₹4.6 Lakhs per year
  • SBI Life Insurance Company Sales Team Leader Salary - ₹1.4 Lakhs to ₹3.6 Lakhs per year
  • Bajaj Allianz Life Insurance Sales Team Leader Salary - ₹2.0 Lakhs to ₹3.6 Lakhs per year
What is the estimated take home salary of a Sales Team Leader at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Sales Team Leader at Kotak Mahindara Life Insurance ranges between ₹25,920 per month to ₹27,345 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Sales Team Leader salary in India which ranges between ₹1.2 Lakhs to ₹7.3 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Sales Team Leader at Kotak Mahindara Life Insurance?
According to AmbitionBox, 67% of the Kotak Mahindara Life Insurance Sales Team Leaders reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Sales Team Leader salary in India ranges between ₹1.2 Lakh to ₹7.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.