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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Senior Managing Partner salaries in India

Annual salary range
0 - 10 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 - 10 years of experience

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Salaries in different departments

Sales & Business Development
Senior Managing Partner Salary
1 - 10 years exp. (32 salaries)
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₹4 L/yr - ₹6.5 L/yr

BFSI, Investments & Trading
Senior Managing Partner Salary
1 - 10 years exp. (29 salaries)
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₹3.7 L/yr - ₹5.5 L/yr

Marketing & Communication
Senior Managing Partner Salary
2 - 10 years exp. (5 salaries)
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₹4.5 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Senior Managing Partner Salary
4 - 6 years exp. (4 salaries)
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₹3.6 L/yr - ₹6 L/yr

Finance & Accounting
Senior Managing Partner Salary
3 - 4 years exp. (3 salaries)
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₹4.7 L/yr - ₹5.3 L/yr

View all

Last Updated: 26 Dec 2024

Companies similar to Kotak Mahindara Life Insurance for Senior Managing Partner

Company name Avg Annual Salary Open Jobs
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₹19.5 L/yr - ₹25 L/yr

arrow icon 367% more
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₹4 L/yr - ₹5 L/yr

arrow icon 9% less
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₹11.5 L/yr - ₹12 L/yr

arrow icon 140% more
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10minutesto1 Senior Managing Partner Salary

16 - 20 years exp. (4 salaries)

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₹47.5 L/yr - ₹52.5 L/yr

arrow icon 936% more
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Kotak Apc Senior Managing Partner Salary

3 - 6 years exp. (3 salaries)

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₹4.2 L/yr - ₹5 L/yr

arrow icon 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 10 years. Salary estimates are based on 90 latest salaries received from various employees of Kotak Mahindara Life Insurance.

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

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7 years exp.
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1 year exp.
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5 years exp.
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5 years exp.
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8 years exp.
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Experience wise Kotak Mahindara Life Insurance Senior Managing Partner salaries

Last Updated: 26 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹4 L/yr - ₹8.3 L/yr
1 year  (3 salaries)

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₹4.2 L/yr - ₹8.4 L/yr
2 years  (6 salaries)

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₹4.3 L/yr - ₹5 L/yr
3 years  (10 salaries)

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₹4 L/yr - ₹5.5 L/yr
4 years  (13 salaries)

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₹3.6 L/yr - ₹5.3 L/yr
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Similar Designation salaries in Kotak Mahindara Life Insurance

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₹3 L/yr - ₹6.8 L/yr
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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
(859 salaries)
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₹2 L/yr - ₹5.69 L/yr
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₹15.38 L/yr - ₹20 L/yr
Sales Manager Salary
(530 salaries)
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₹2.4 L/yr - ₹5.7 L/yr
Branch Manager Salary
(199 salaries)
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₹5 L/yr - ₹13 L/yr
Area Manager Salary
(21 salaries)
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₹4.94 L/yr - ₹19.05 L/yr
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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

3.5

Rated by 23 employees for salary & benefits

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

 · 

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

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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..

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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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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 10 years. According to our estimates it is 7% more than the average Senior Managing Partner Salary in India. Salary estimates are based on 90 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
  • Max Life Insurance Senior Managing Partner Salary - ₹19.5 Lakhs to ₹25.0 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 ₹36,166 per month to ₹37,388 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 10 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, 19% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 66 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

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 ₹unlock blur. Salary estimates are based on 90 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.