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Kotak Mahindara Life Insurance Sales Team Manager salaries in India

Annual salary range
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₹6.6 Lakhs - ₹8.4 Lakhs
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Avg. annual salary (AmbitionBox Estimate)
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This is an estimate of the average salary for this position. The actual salary may differ.
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Last Updated: 7 Oct 2024

Companies similar to Kotak Mahindara Life Insurance for Sales Team Manager

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Sales Team Manager salary at Kotak Mahindara Life Insurance ranges between ₹6.6 Lakhs to ₹8.4 Lakhs per year for employees with 6 years of experience. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindara Life Insurance.

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Salary related reviews for Kotak Mahindara Life Insurance

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."

read more
  • Salary - Bad
  • +2 more

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
  • Salary - Excellent
  • +6 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..

  • Salary - Bad
  • +6 more

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
  • Salary - Good
  • +6 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

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.

  • Salary - Good
  • +5 more

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 Manager Salary FAQs

How the salary growth look like for a Sales Team Manager at Kotak Mahindara Life Insurance in India?
The salary growth for a Sales Team Manager at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a Sales Team Manager can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
6 years ₹6.6 Lakhs to ₹8.4 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Sales Team Manager salary in India ranges between ₹6.6 Lakhs to ₹8.4 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindara Life Insurance.