Companies similar to Kotak Mahindara Life Insurance for Senior Business Development Manager
Senior Business Development Manager salary at Kotak Mahindara Life Insurance ranges between ₹3.6
Lakhs
to ₹6.5
Lakhs
per year for employees with experience between 4 years to 9 years. Salary
estimates are based on
8 latest salaries received
from various employees of Kotak Mahindara Life Insurance.
Experience wise Kotak Mahindara Life Insurance Senior Business Development Manager salaries
Last Updated: 15 Mar 2023
Experience | Avg Annual Salary |
---|---|
4 years (3 salaries) |
₹3.6
L/yr
- ₹6.3
L/yr
|
5 years (AmbitionBox Estimate) |
₹4.8
L/yr
- ₹6.1
L/yr
|
Login to view exact salary
| |
6 years (AmbitionBox Estimate) |
₹4.9
L/yr
- ₹6.3
L/yr
|
7 years (AmbitionBox Estimate) |
₹5
L/yr
- ₹6.4
L/yr
|
8 years (AmbitionBox Estimate) |
₹5.2
L/yr
- ₹6.6
L/yr
|
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peacemaker

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works at
Georgia-Pacific

New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133.
I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter).
This new position is closer to my home and does not involve night shifts. The offer letter is attached.
I have also requested a ₹95,000 monthly salary increase and am awaiting their response.
Could someone advise me on whether I should accept the new offer or remain in my current role?
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Kotak Mahindara Life Insurance Senior Business Development Manager Salary FAQs
What is the salary of Senior Business Development Manager at Kotak Mahindara Life Insurance ?
The average salary of a Senior Business Development Manager at Kotak Mahindara Life Insurance in India typically ranges from ₹3.6 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 4 years to 9 years).
The top 10% of Senior Business Development Manager at Kotak Mahindara Life Insurance earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Senior Business Development Manager Salaries at Kotak Mahindara Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.
These estimates are based on salary data submitted by 8 Kotak Mahindara Life Insurance employees in India.
The top 10% of Senior Business Development Manager at Kotak Mahindara Life Insurance earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Senior Business Development Manager Salaries at Kotak Mahindara Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.
These estimates are based on salary data submitted by 8 Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Senior Business Development Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Senior Business Development Manager at Kotak Mahindara Life Insurance in India typically ranges from ₹41,821 to ₹42,959 per month. This is based on the average salary range of
₹3.6 Lakhs to ₹6.5 Lakhs
per year for employees with experience ranging from 4 years to 9 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 8 salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Kotak Mahindara Life Insurance for Senior Business Development Manager in India?
Aditya Birla Sun Life Insurance | ₹10.5 Lakhs to ₹13.0 Lakhs per year |
ICICI Lombard General Insurance Company | ₹3.8 Lakhs to ₹14.0 Lakhs per year |
Axis Max Life Insurance | ₹5.3 Lakhs to ₹8.2 Lakhs per year |
SBI Life Insurance Company | ₹3.4 Lakhs to ₹8.5 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindara Life Insurance, depending on the role and experience level.
What is the salary of a Senior Business Development Manager in companies similar to Kotak Mahindara Life Insurance in India?
The salary of a Senior Business Development Manager at companies similar to Kotak Mahindara Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
Reliance Nippon Life Insurance | ₹4.4 Lakhs to ₹6.5 Lakhs per year |
Bajaj Allianz Life Insurance | ₹4.0 Lakhs to ₹6.8 Lakhs per year |
Shriram Life Insurance | ₹2.7 Lakhs to ₹4.8 Lakhs per year |
ICICI Prudential Life Insurance | ₹2.8 Lakhs to ₹6.0 Lakhs per year |
HDFC Life | ₹3.0 Lakhs to ₹5.0 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Senior Business Development Manager at Kotak Mahindara Life Insurance in India?
The salary growth for a Senior Business Development Manager at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Business Development Manager can expect the following growth trajectory at Kotak Mahindara Life Insurance:
and so on.
Experience | Average Salary Range |
---|---|
4 years | ₹3.6 Lakhs to ₹6.3 Lakhs per year |
5 years | ₹4.8 Lakhs to ₹6.1 Lakhs per year |
6 years | ₹4.9 Lakhs to ₹6.3 Lakhs per year |
7 years | ₹5.0 Lakhs to ₹6.4 Lakhs per year |
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Kotak Mahindara Life Insurance Senior Business Development Manager salary
in
India
ranges between ₹3.6
Lakhs to ₹6.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
8
Kotak Mahindara Life Insurance latest salaries received from various employees of
Kotak Mahindara Life Insurance.