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

Annual salary range
1 - 11 years exp.
₹3 Lakhs - ₹6.8 Lakhs
Salary of majority employees
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52% less than the average Senior Sales Manager Salary in Insurance Companies for 1 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Sales Manager Salary
2 - 11 years exp. (22 salaries)
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₹3.5 L/yr - ₹6.7 L/yr

Sales & Business Development
Senior Sales Manager Salary
1 - 10 years exp. (21 salaries)
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₹3 L/yr - ₹6.8 L/yr

Marketing & Communication
Senior Sales Manager Salary
1 - 8 years exp. (8 salaries)
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₹3 L/yr - ₹5.5 L/yr

Customer Success, Service & Operations
Senior Sales Manager Salary
5 - 9 years exp. (AmbitionBox Estimate)
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₹4.9 L/yr - ₹6 L/yr

Last Updated: 21 Feb 2025

Companies similar to Kotak Mahindara Life Insurance for Senior Sales Manager

Company name Avg Annual Salary Open Jobs
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₹3.3 L/yr - ₹8.1 L/yr

arrow icon 14% less
Logo
HDFC Life Senior Sales Manager Salary

4 - 14 years exp. (146 salaries)

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₹2.8 L/yr - ₹8 L/yr

arrow icon 31% more
1 job opening
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₹3.4 L/yr - ₹4.5 L/yr

arrow icon 16% less
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₹4.4 L/yr - ₹7.5 L/yr

arrow icon 9% more
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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 36% less
2 job openings
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₹2.3 L/yr - ₹5 L/yr

arrow icon 36% less
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₹2 L/yr - ₹10.7 L/yr

arrow icon 19% more
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₹3.5 L/yr - ₹9 L/yr

arrow icon 22% more
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PNB MetLife Senior Sales Manager Salary

2 - 12 years exp. (63 salaries)

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₹3 L/yr - ₹5.7 L/yr

arrow icon 11% less
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₹4.4 L/yr - ₹14.8 L/yr

arrow icon 80% more
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₹2.9 L/yr - ₹12.5 L/yr

arrow icon 48% more
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₹3.6 L/yr - ₹9.5 L/yr

arrow icon 6% less
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₹4.4 L/yr - ₹6.2 L/yr

arrow icon 9% more
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₹2.5 L/yr - ₹8 L/yr

arrow icon 2% less
Senior Sales Manager salary at Kotak Mahindara Life Insurance ranges between ₹3 Lakhs to ₹6.8 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 60 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Senior Sales Manager

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8 years exp.
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Experience wise Kotak Mahindara Life Insurance Senior Sales Manager salaries

Last Updated: 21 Feb 2025

Experience Avg Annual Salary
1 year  (5 salaries)

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₹3.6 L/yr - ₹6 L/yr
2 years  (6 salaries)

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₹3.6 L/yr - ₹5.6 L/yr
3 years  (7 salaries)

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₹4.1 L/yr - ₹5.6 L/yr
4 years  (8 salaries)

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₹3 L/yr - ₹6.3 L/yr
5 years  (10 salaries)

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₹3 L/yr - ₹6.7 L/yr
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Similar Designation salaries in Kotak Mahindara Life Insurance

Zonal Sales Manager Salary
(AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.7 L/yr
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₹4.8 L/yr - ₹18 L/yr
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₹3.5 L/yr - ₹8.4 L/yr
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₹10.31 L/yr - ₹22 L/yr
Sales Manager Salary
(555 salaries)
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₹2 L/yr - ₹6.28 L/yr
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₹2.3 L/yr - ₹4.12 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹25.7 L/yr - ₹32.8 L/yr
Senior Sales Executive Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 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

Top skills at Kotak Mahindara Life Insurance for Senior Sales Manager

institutional sales B2B Sales Team Handling Life Insurance General Insurance Corporate Sales Team Building Health Insurance Query Resolution Sales
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Salary related reviews for Kotak Mahindara Life Insurance

4.6

Rated by 17 employees for salary & benefits

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.

read 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."

read more
  • 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

read more
  • 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..

read more

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

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

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Kotak Mahindara Life Insurance Senior Sales Manager Salary FAQs

What is the salary of Senior Sales Manager at Kotak Mahindara Life Insurance?
Senior Sales Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹3.0 Lakhs to ₹6.8 Lakhs for experience between 1 years to 11 years. According to our estimates it is 52% less than the average Senior Sales Manager Salary in India. Salary estimates are based on 60 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Senior Sales Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Senior Sales Manager at Kotak Mahindara Life Insurance is 52% less than the average salary of a Senior Sales Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Senior Sales Manager at Kotak Mahindara Life Insurance?
institutional sales, B2B Sales, Team Handling, Life Insurance and General Insurance are some of the popular skills required to work as a Senior Sales Manager at Kotak Mahindara Life Insurance India.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Senior Sales Manager in India?
  • ICICI Lombard General Insurance Company Senior Sales Manager Salary - ₹4.4 Lakhs to ₹14.8 Lakhs per year
  • Star Health & Allied Insurance Senior Sales Manager Salary - ₹2.9 Lakhs to ₹12.5 Lakhs per year
  • HDFC Life Senior Sales Manager Salary - ₹2.8 Lakhs to ₹8.0 Lakhs per year
  • Tata AIA Life Insurance Senior Sales Manager Salary - ₹3.5 Lakhs to ₹9.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Senior Sales Manager Salary - ₹2.0 Lakhs to ₹10.7 Lakhs per year
What is the salary of a Senior Sales Manager in companies similar to Kotak Mahindara Life Insurance in India?
  • SBI General Insurance Senior Sales Manager Salary - ₹4.4 Lakhs to ₹6.2 Lakhs per year
  • Axis Max Life Insurance Senior Sales Manager Salary - ₹4.4 Lakhs to ₹7.5 Lakhs per year
  • Shriram Life Insurance Senior Sales Manager Salary - ₹2.5 Lakhs to ₹8.0 Lakhs per year
  • HDFC Ergo General Insurance Senior Sales Manager Salary - ₹3.6 Lakhs to ₹9.5 Lakhs per year
  • PNB MetLife Senior Sales Manager Salary - ₹3.0 Lakhs to ₹5.7 Lakhs per year
What is the estimated take home salary of a Senior Sales Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Senior Sales Manager at Kotak Mahindara Life Insurance ranges between ₹37,237 per month to ₹38,443 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Senior Sales Manager salary in India which ranges between ₹3.0 Lakhs to ₹6.8 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Senior Sales Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 45% of the Kotak Mahindara Life Insurance Senior Sales Managers reported a notice period of 1 Month, 24% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 42 responses on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Senior Sales Manager salary in India ranges between ₹3 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 60 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.

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