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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Senior Advisor salaries in India

Annual salary range
0 - 4 years exp.
₹1 Lakh - ₹7 Lakhs
Salary of majority employees
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64% less than the average Senior Advisor Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Advisor Salary
0 - 1 year exp. (3 salaries)
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₹1.2 L/yr - ₹3.6 L/yr

Human Resources
Senior Advisor Salary
2 - 4 years exp. (3 salaries)
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₹1 L/yr - ₹2.2 L/yr

Sales & Business Development
Senior Advisor Salary
1 - 3 years exp. (3 salaries)
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₹1.5 L/yr - ₹7 L/yr

Customer Success, Service & Operations
Senior Advisor Salary
0 - 2 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.3 L/yr

Finance & Accounting
Senior Advisor Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹1 L/yr - ₹2.3 L/yr

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Last Updated: 4 Jul 2024

Companies similar to Kotak Mahindara Life Insurance for Senior Advisor

Company name Avg Annual Salary Open Jobs
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HDFC Life Senior Advisor Salary

2 - 13 years exp. (4 salaries)

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₹2.1 L/yr - ₹6.7 L/yr

arrow icon 29% more
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₹2 L/yr - ₹5 L/yr

arrow icon 27% more
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Max Life Insurance Senior Advisor Salary

1 - 30 years exp. (4 salaries)

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₹1 L/yr - ₹7 L/yr

arrow icon 43% more
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Gallagher Senior Advisor Salary

2 - 8 years exp. (68 salaries)

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₹3.7 L/yr - ₹14.5 L/yr

arrow icon 226% more
Logo
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₹0.6 L/yr - ₹3 L/yr

arrow icon 34% less
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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 27% more
Senior Advisor salary at Kotak Mahindara Life Insurance ranges between ₹1 Lakh to ₹7 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 18 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Senior Advisor

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Experience wise Kotak Mahindara Life Insurance Senior Advisor salaries

Last Updated: 4 Jul 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹1 L/yr - ₹2.8 L/yr
1 year  (7 salaries)

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₹1.2 L/yr - ₹5 L/yr
2 years  (4 salaries)

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₹1 L/yr - ₹3.3 L/yr
3 years  (3 salaries)

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₹1 L/yr - ₹7 L/yr
4 years (AmbitionBox Estimate)

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₹1 L/yr - ₹5.9 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Senior Analyst Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
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₹2.8 L/yr - ₹3.51 L/yr
Team Manager Salary
(13 salaries)
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₹1.2 L/yr - ₹8.73 L/yr
Deputy Manager Salary
(859 salaries)
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₹2 L/yr - ₹5.69 L/yr
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₹3.85 L/yr - ₹5.17 L/yr
Team Lead Salary
(42 salaries)
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₹1.2 L/yr - ₹6.23 L/yr
Analyst Salary
(4 salaries)
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₹2.6 L/yr - ₹15.8 L/yr
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₹2.65 L/yr - ₹8.5 L/yr
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₹1.8 L/yr - ₹4 L/yr
Customer Service Associate Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

3.0

Rated by 10 employees for salary & benefits

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

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

read more

BFSI, Investments & Trading Department

4.0
  •  posted on 16 Jun 2020

2.0
 for  Salary and Benefits

Likes

...fe.Team mates are supportive. This is the second appraisal but mine is not done. Till now no salary hike which demotivate employee .work culture is good.

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Dislikes

Politics.low or no salary hike. Appraise are not done fairly. No defined timing to work.

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Customer Success, Service & Operations Department

1.0
  •  posted on 23 May 2019

1.0
 for  Salary and Benefits

Likes

They are misleading youth.... They dont pay a single penny or salary until and unless candidate got promoted to the next level.. totally worst... Why someone works for them free of cost... Totally worst.....

read more

Dislikes

Nothing is good.... Totally bad. Don't give a salary rather forces candidates to do policies..

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Aug 2024

2.0
 for  Salary and Benefits

Likes

Kotak Life learning with colleagues and seniors, helpful people. New innovations happening in business and product teams.

read more

Dislikes

Human Resources and employees understanding. Human resource donot do anything for employees just gives threat on every occasion to employees for salary hold. New generation should not join this company as ther are better HR polices elsewhere Some department like IT areas slow,no future thought processes. As HR polices are so bad that even your managers and head of department are weak and toothless for any new initiatives

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Kotak Mahindara Life Insurance Senior Advisor Salary FAQs

What is the salary of Senior Advisor at Kotak Mahindara Life Insurance?
Senior Advisor salary at Kotak Mahindara Life Insurance in India ranges between ₹1.0 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 64% less than the average Senior Advisor Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Senior Advisor at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Senior Advisor at Kotak Mahindara Life Insurance is 64% less than the average salary of a Senior Advisor in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Senior Advisor in India?
  • Gallagher Senior Advisor Salary - ₹3.7 Lakhs to ₹14.5 Lakhs per year
  • Max Life Insurance Senior Advisor Salary - ₹1.0 Lakhs to ₹7.0 Lakhs per year
  • HDFC Life Senior Advisor Salary - ₹2.1 Lakhs to ₹6.7 Lakhs per year
  • SBI Life Insurance Company Senior Advisor Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
  • Life Insurance Corporation of India Senior Advisor Salary - ₹2.4 Lakhs to ₹4.5 Lakhs per year
What is the salary of a Senior Advisor in companies similar to Kotak Mahindara Life Insurance in India?
  • Tata AIA Life Insurance Senior Advisor Salary - ₹0.6 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Senior Advisor at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Senior Advisor at Kotak Mahindara Life Insurance ranges between ₹18,954 per month to ₹20,633 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Senior Advisor salary in India which ranges between ₹1.0 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Senior Advisor at Kotak Mahindara Life Insurance?
According to AmbitionBox, 75% of the Kotak Mahindara Life Insurance Senior Advisors reported a notice period of 15 days or less, 19% reported a notice period of More than 3 months and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Senior Advisor salary in India ranges between ₹1 Lakh to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.