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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Senior Premier Relationship Manager salaries in India

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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₹4.2 L/yr - ₹4.4 L/yr

Sales & Business Development
Senior Premier Relationship Manager Salary
6 - 8 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹4.3 L/yr

Last Updated: 11 Dec 2024

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 - ₹5.8 L/yr

arrow icon 28% more
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₹13.5 L/yr - ₹20 L/yr

arrow icon 303% 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

1w 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: 11 Dec 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹7.7 L/yr
7 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹4.4 L/yr
8 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹7.7 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 L/yr
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₹2 L/yr - ₹5.5 L/yr
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₹3.6 L/yr - ₹6.5 L/yr
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₹3 L/yr - ₹6.77 L/yr
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₹2.15 L/yr - ₹5 L/yr
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₹4.8 L/yr - ₹18 L/yr
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₹15.38 L/yr - ₹20 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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₹3.5 L/yr - ₹10 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

4.7

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

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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.

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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."

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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 Premier Relationship Manager Salary FAQs

What is the salary of Senior Premier Relationship Manager at Kotak Mahindara Life Insurance?
Senior Premier Relationship Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹4.3 Lakhs to ₹4.4 Lakhs for experience between 6 years to 12 years. According to our estimates it is 18% less than the average Senior Premier Relationship Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Senior Premier Relationship Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Senior Premier Relationship Manager at Kotak Mahindara Life Insurance is 18% less than the average salary of a Senior Premier Relationship Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Senior Premier Relationship Manager in India?
  • HSBC Group Senior Premier Relationship Manager Salary - ₹13.5 Lakhs to ₹20.0 Lakhs per year
  • Max Life Insurance Senior Premier Relationship Manager Salary - ₹5.0 Lakhs to ₹5.8 Lakhs per year
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 ranges between ₹31,762 per month to ₹33,050 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Senior Premier Relationship Manager salary in India which ranges between ₹4.3 Lakhs to ₹4.4 Lakhs per year for employees with experience between 6 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Senior Premier Relationship Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 75% of the Kotak Mahindara Life Insurance Senior Premier Relationship Managers reported a notice period of 2 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

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.