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Kotak Mahindara Life Insurance Senior Premier Relationship Manager salaries in India (Updated 2025)

Annual salary range
6 - 12 years exp.
₹4.3 Lakhs - ₹4.4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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18% less than the average Senior Premier Relationship Manager Salary in Insurance Companies for 6 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Premier Relationship Manager Salary
7 - 12 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹4.4 L/yr

Sales & Business Development
Senior Premier Relationship Manager Salary
6 - 8 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹4.3 L/yr

Last Updated: 21 Feb 2025

Companies similar to Kotak Mahindara Life Insurance for Senior Premier Relationship Manager

Company name Avg Annual Salary Open Jobs
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₹5 L/yr - ₹6 L/yr

arrow icon 30% more
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₹13.5 L/yr - ₹20 L/yr

arrow icon 304% more
Senior Premier Relationship Manager salary at Kotak Mahindara Life Insurance ranges between ₹4.3 Lakhs to ₹4.4 Lakhs per year for employees with experience between 6 years to 12 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 Premier Relationship Manager

2d ago
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8 years exp.
1y ago
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6 years exp.
1y ago
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12 years exp.

Experience wise Kotak Mahindara Life Insurance Senior Premier Relationship Manager salaries

Last Updated: 21 Feb 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹4.9 L/yr
7 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
9 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
10 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹3.5 L/yr - ₹6.5 L/yr
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₹2 L/yr - ₹7 L/yr
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₹3.6 L/yr - ₹6.5 L/yr
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₹3 L/yr - ₹6.8 L/yr
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₹2.15 L/yr - ₹5 L/yr
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₹4.8 L/yr - ₹18 L/yr
Territory Manager Salary
(AmbitionBox Estimate)
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₹14.2 L/yr - ₹18.2 L/yr
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₹2.4 L/yr - ₹4.7 L/yr
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₹4.5 L/yr - ₹6 L/yr
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₹3.78 L/yr - ₹13.8 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

4.6

Rated by 2 employees for salary & benefits

Direct Sales Department

1.0
  •  posted on 21 Mar 2021

4.0
 for  Salary and Benefits

Likes

Kotak Life is just like a Government Company. Go and sit like you are the boss only. They dont give data to work upon but they give huge pressure to work work and work. Where other companies are working on cost cuttings by increasing sales and decreasing ops staff, this company believes in putting 5 Operations Staff at a very small location where Sales is terrible. I dont know what is the thinking of management here

read more
  • Salary - Good
  • +1 more

Dislikes

... take company to heights. The management even dont introduce to the new joinees. They just sitting and taking salary to put pressure even on new joinees whose joined just 15 days back. I took a very wrong decision coming to Kotak life. No professionalism at all.

read more
  • Skill development - Bad
  • +4 more

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."

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  • Salary - Bad
  • +2 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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  • Skill development - Poor
  • +4 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..

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Dislikes

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

  • Salary - Bad
  • +6 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

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  • Salary - Poor
  • +5 more
see more salary related reviews

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Kotak Mahindara Life Insurance Senior Premier Relationship Manager Salary FAQs

What is the salary of Senior Premier Relationship Manager at Kotak Mahindara Life Insurance ?
The average salary of a Senior Premier Relationship Manager at Kotak Mahindara Life Insurance in India typically ranges from ₹4.3 Lakhs to ₹4.4 Lakhs per year, depending on experience (from 6 years to 12 years).

The top 10% of Senior Premier Relationship Manager at Kotak Mahindara Life Insurance earn more than ₹4.4 Lakhs per year, and the top 1% earn over ₹4.4 Lakhs per year. Senior Premier Relationship 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 4 Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Senior Premier Relationship Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Senior Premier Relationship Manager at Kotak Mahindara Life Insurance in India typically ranges from ₹31,659 to ₹32,949 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹4.4 Lakhs per year for employees with experience ranging from 6 years to 12 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 4 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 Premier Relationship Manager in India?
HSBC Group ₹13.5 Lakhs to ₹20.0 Lakhs per year
Axis Max Life Insurance ₹5.0 Lakhs to ₹6.0 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.
How the salary growth look like for a Senior Premier Relationship Manager at Kotak Mahindara Life Insurance in India?
The salary growth for a Senior Premier Relationship Manager at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Premier Relationship Manager can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
6 years ₹3.9 Lakhs to ₹4.9 Lakhs per year
7 years ₹3.9 Lakhs to ₹4.9 Lakhs per year
8 years ₹3.8 Lakhs to ₹4.9 Lakhs per year
9 years ₹3.8 Lakhs to ₹4.9 Lakhs per year
and so on.

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Kotak Mahindara Life Insurance Senior Premier Relationship Manager salary in India ranges between ₹4.3 Lakhs to ₹4.4 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.