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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Senior Business Development Manager salaries in Kolkata

Annual salary range
4 - 9 years exp.
₹3.6 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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42% less than the average Senior Business Development Manager Salary in Insurance Companies for 4 - 9 years of experience

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Salaries in different departments

Sales & Business Development
Senior Business Development Manager Salary
4 - 8 years exp. (3 salaries)
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₹3.6 L/yr - ₹4.7 L/yr

BFSI, Investments & Trading
Senior Business Development Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹5.5 L/yr - ₹5.9 L/yr

Last Updated: 13 Mar 2023

Companies similar to Kotak Mahindara Life Insurance for Senior Business Development Manager in Kolkata

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Kotak Mahindara Life Insurance Senior Business Development Manager Salary

4 - 9 years exp. (4 salaries)

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₹3.6 L/yr - ₹5.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3.5 L/yr - ₹4.3 L/yr

arrow icon 17% less
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₹3.5 L/yr - ₹7 L/yr

arrow icon 7% more
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₹4 L/yr - ₹5 L/yr

arrow icon 10% less
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₹5.5 L/yr - ₹6.3 L/yr

arrow icon 21% more
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₹13 L/yr - ₹30 L/yr

arrow icon 251% more
Senior Business Development Manager salary at Kotak Mahindara Life Insurance ranges between ₹3.6 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Senior Business Development Manager in Kolkata

1y ago
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8 years exp.
1y ago
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5 years exp.
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9 years exp.
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4 years exp.

Experience wise Kotak Mahindara Life Insurance Senior Business Development Manager salaries in Kolkata

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹8.4 L/yr
5 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹8.7 L/yr
6 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.7 L/yr
7 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
8 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹9.5 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹2 L/yr - ₹6.92 L/yr
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₹3 L/yr - ₹4.9 L/yr

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.

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

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..

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

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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.

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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.

read more

Dislikes

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

read more
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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 Kolkata?
Senior Business Development Manager salary at Kotak Mahindara Life Insurance in Kolkata ranges between ₹3.6 Lakhs to ₹5.5 Lakhs for experience between 4 years to 9 years. According to our estimates it is 42% less than the average Senior Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance Kolkata.
How does the salary of a Senior Business Development Manager at Kotak Mahindara Life Insurance Kolkata compare with the average salary range for this job?
The average salary of a Senior Business Development Manager at Kotak Mahindara Life Insurance is 42% less than the average salary of a Senior Business Development Manager in Kolkata. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Senior Business Development Manager in Kolkata?
  • BYJU'S Senior Business Development Manager Salary - ₹13.0 Lakhs to ₹30.0 Lakhs per year
  • PNB MetLife Senior Business Development Manager Salary - ₹5.5 Lakhs to ₹6.3 Lakhs per year
  • SBI Life Insurance Company Senior Business Development Manager Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Senior Business Development Manager in companies similar to Kotak Mahindara Life Insurance in Kolkata?
  • Bajaj Allianz Life Insurance Senior Business Development Manager Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year
  • HDFC Life Senior Business Development Manager Salary - ₹3.5 Lakhs to ₹4.3 Lakhs per year
What is the estimated take home salary of a Senior Business Development Manager at Kotak Mahindara Life Insurance in Kolkata?
The estimated take-home salary of a Senior Business Development Manager at Kotak Mahindara Life Insurance ranges between ₹37,972 per month to ₹39,167 per month in Kolkata. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Senior Business Development Manager salary in India which ranges between ₹3.6 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

Tell us how to improve this page.

Kotak Mahindara Life Insurance Senior Business Development Manager salary in Kolkata ranges between ₹3.6 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.