Kotak Mahindara Life Insurance Senior Managing Partner Salaries by 80+ Employees (Updated 2025)

0 - 9 years exp.

₹3.6 Lakhs - ₹6.5 Lakhs

Salary of majority employees

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7% more than the average Senior Managing Partner Salary in Insurance Companies for 0 - 9 years of experience

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Salaries in different departments

Sales & Business Development Senior Managing Partner Salary 1 - 9 years exp. (30 salaries)	Unlock ₹4 L/yr - ₹6.5 L/yr
BFSI, Investments & Trading Senior Managing Partner Salary 1 - 9 years exp. (26 salaries)	Unlock ₹3.7 L/yr - ₹5.5 L/yr
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Customer Success, Service & Operations Senior Managing Partner Salary 4 - 6 years exp. (4 salaries)	Unlock ₹3.6 L/yr - ₹6 L/yr
Finance & Accounting Senior Managing Partner Salary 3 - 4 years exp. (3 salaries)	Unlock ₹4.7 L/yr - ₹5.3 L/yr
Marketing & Communication Senior Managing Partner Salary 2 - 7 years exp. (3 salaries)	Unlock ₹4.5 L/yr - ₹5 L/yr

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Last Updated: 27 Feb 2025

Companies similar to Kotak Mahindara Life Insurance for Senior Managing Partner

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Senior Managing Partner Salary 17 - 20 years exp. (5 salaries)	Unlock ₹19.5 L/yr - ₹25.5 L/yr 400% more
Reliance Nippon Life Insurance Senior Managing Partner Salary 1 - 16 years exp. (39 salaries)	Unlock ₹4 L/yr - ₹5 L/yr 9% less
Login to view exact salary
Aditya Birla Sun Life Insurance Senior Managing Partner Salary 6 - 17 years exp. (4 salaries)	Unlock ₹11.5 L/yr - ₹12 L/yr 140% more
10minutesto1 Senior Managing Partner Salary 16 - 20 years exp. (4 salaries)	Unlock ₹47.5 L/yr - ₹52.5 L/yr 937% more
Kotak Apc Senior Managing Partner Salary 3 - 5 years exp. (3 salaries)	Unlock ₹4.2 L/yr - ₹5 L/yr 2% less

Senior Managing Partner salary at Kotak Mahindara Life Insurance ranges between ₹3.6 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 84 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Senior Managing Partner

1w ago

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3 years exp.

3w ago

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4 years exp.

1mo ago

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1 year exp.

2mo ago

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7 years exp.

2mo ago

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5 years exp.

2mo ago

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5 years exp.

2mo ago

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3 years exp.

3mo ago

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8 years exp.

3mo ago

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1 year exp.

3mo ago

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6 years exp.

Experience wise Kotak Mahindara Life Insurance Senior Managing Partner salaries

Last Updated: 27 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹8.3 L/yr
1 year (3 salaries)	Unlock ₹4.2 L/yr - ₹8.4 L/yr
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2 years (6 salaries)	Unlock ₹4.3 L/yr - ₹5 L/yr
3 years (11 salaries)	Unlock ₹4 L/yr - ₹6 L/yr
4 years (13 salaries)	Unlock ₹3.6 L/yr - ₹5.3 L/yr
5 years (12 salaries)	Unlock ₹4 L/yr - ₹6 L/yr
6 years (10 salaries)	Unlock ₹4.1 L/yr - ₹6 L/yr
7 years (10 salaries)	Unlock ₹4 L/yr - ₹5.6 L/yr
8 years (10 salaries)	Unlock ₹3.7 L/yr - ₹6.5 L/yr
9 years (8 salaries)	Unlock ₹4 L/yr - ₹6 L/yr

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Similar Designation salaries in Kotak Mahindara Life Insurance

Senior Sales Manager Salary

(60 salaries)

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₹3 L/yr - ₹6.77 L/yr

Regional Manager Salary

(12 salaries)

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₹10.31 L/yr - ₹22 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr

Deputy Manager Salary

(947 salaries)

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₹2 L/yr - ₹6.25 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

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₹14.2 L/yr - ₹18.2 L/yr

Sales Manager Salary

(555 salaries)

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₹2 L/yr - ₹6.28 L/yr

Branch Manager Salary

(201 salaries)

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₹4.5 L/yr - ₹13.5 L/yr

Area Manager Salary

(26 salaries)

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₹5.7 L/yr - ₹17.9 L/yr

Marketing Manager Salary

(5 salaries)

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₹3.5 L/yr - ₹7 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

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₹22.5 L/yr - ₹28.7 L/yr

Top skills at Kotak Mahindara Life Insurance for Senior Managing Partner

Agency Sales Business Development Management B2C Sales Life Insurance Channel Sales Insurance Insurance Sales Organizational Management Business Development Agency Management Inventory Control Sales Management Marketing Management Field Sales

Salary related reviews for Kotak Mahindara Life Insurance

3.7

Rated by 24 employees for salary & benefits

Sales Manager in Mumbai

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."

Salary - Bad

+2 more

Deputy Manager in Mumbai

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

Skill development - Poor

+4 more

Relationship Manager in Kolkata

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..

Dislikes

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

Salary - Bad

+6 more

Deputy Manager in Thane

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

Salary - Poor

+5 more

Senior Sales Manager in New Delhi

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.

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Salary Discussions, Hike & Promotions

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Kotak Mahindara Life Insurance Senior Managing Partner Salary FAQs

What is the salary of Senior Managing Partner at Kotak Mahindara Life Insurance?

Senior Managing Partner salary at Kotak Mahindara Life Insurance in India ranges between ₹3.6 Lakhs to ₹6.5 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 7% more than the average Senior Managing Partner Salary in India. Salary estimates are based on 84 latest salaries received from various employees of Kotak Mahindara Life Insurance India.

How does the salary of a Senior Managing Partner at Kotak Mahindara Life Insurance India compare with the average salary range for this job?

The average salary of a Senior Managing Partner at Kotak Mahindara Life Insurance is 7% more than the average salary of a Senior Managing Partner in India. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Managing Partner at Kotak Mahindara Life Insurance?

Agency Sales, Business Development Management, B2C, Sales and Life Insurance are some of the popular skills required to work as a Senior Managing Partner at Kotak Mahindara Life Insurance India.

Which similar companies are paying more than Kotak Mahindara Life Insurance to a Senior Managing Partner in India?

10minutesto1 Senior Managing Partner Salary - ₹47.5 Lakhs to ₹52.5 Lakhs per year
Axis Max Life Insurance Senior Managing Partner Salary - ₹19.5 Lakhs to ₹25.5 Lakhs per year
Aditya Birla Sun Life Insurance Senior Managing Partner Salary - ₹11.5 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Senior Managing Partner in companies similar to Kotak Mahindara Life Insurance in India?

Kotak Apc Senior Managing Partner Salary - ₹4.2 Lakhs to ₹5.0 Lakhs per year
Reliance Nippon Life Insurance Senior Managing Partner Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Senior Managing Partner at Kotak Mahindara Life Insurance in India?

The estimated take-home salary of a Senior Managing Partner at Kotak Mahindara Life Insurance ranges between ₹36,131 per month to ₹37,354 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Senior Managing Partner salary in India which ranges between ₹3.6 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

What is the notice period for Senior Managing Partner at Kotak Mahindara Life Insurance?

According to AmbitionBox, 67% of the Kotak Mahindara Life Insurance Senior Managing Partners reported a notice period of 1 Month, 21% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 64 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Senior Managing Partner Salaries

Kotak Mahindara Life Insurance Senior Managing Partner salary in India ranges between ₹3.6 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 84 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

Kotak Mahindara Life Insurance Senior Managing Partner salaries in India (Updated 2025)

Companies similar to Kotak Mahindara Life Insurance for Senior Managing Partner

Latest annual salaries shared by Kotak Mahindara Life Insurance Senior Managing Partner

Experience wise Kotak Mahindara Life Insurance Senior Managing Partner salaries

Similar Designation salaries in Kotak Mahindara Life Insurance

Top skills at Kotak Mahindara Life Insurance for Senior Managing Partner

Salary related reviews for Kotak Mahindara Life Insurance

Sales Manager in Mumbai

Deputy Manager in Mumbai

Relationship Manager in Kolkata

Deputy Manager in Thane

Senior Sales Manager in New Delhi

Kotak Mahindara Life Insurance Senior Managing Partner Salary FAQs

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