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Kotak Mahindara Life Insurance Senior Sales Manager salaries in Visakhapatnam

Annual salary range
4 - 6 years exp.
₹3.6 Lakhs - ₹4.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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34% less than the average Senior Sales Manager Salary in Insurance Companies for 4 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Sales Manager Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.4 L/yr

Sales & Business Development
Senior Sales Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.3 L/yr

Last Updated: 9 Aug 2023

Companies similar to Kotak Mahindara Life Insurance for Senior Sales Manager in Visakhapatnam

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Kotak Mahindara Life Insurance Senior Sales Manager Salary

4 - 6 years exp. (4 salaries)

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₹3.6 L/yr - ₹4.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹4.5 L/yr - ₹9 L/yr

arrow icon 99% more
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HDFC Life Senior Sales Manager Salary

6 - 11 years exp. (3 salaries)

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₹6 L/yr - ₹6.9 L/yr

arrow icon 61% more
1 job opening
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₹6.5 L/yr - ₹7.8 L/yr

arrow icon 66% more
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PNB MetLife Senior Sales Manager Salary

3 - 11 years exp. (4 salaries)

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₹3.3 L/yr - ₹4.2 L/yr

arrow icon 3% more
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₹5 L/yr - ₹6 L/yr

arrow icon 33% more
3 job openings
Senior Sales Manager salary at Kotak Mahindara Life Insurance ranges between ₹3.6 Lakhs to ₹4.3 Lakhs per year for employees with experience between 4 years to 6 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 Sales Manager in Visakhapatnam

1y ago
₹3.6 Lakhs
5 years exp.
1y ago
₹4 Lakhs
6 years exp.

Experience wise Kotak Mahindara Life Insurance Senior Sales Manager salaries in Visakhapatnam

Last Updated: 9 Aug 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

Branch Manager Salary
(6 salaries)
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₹6.5 L/yr - ₹11 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

Salary related reviews for Kotak Mahindara Life Insurance

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..

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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

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 in Visakhapatnam?
The average salary of a Senior Sales Manager at Kotak Mahindara Life Insurance in Visakhapatnam typically ranges from ₹3.6 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Senior Sales Manager in Visakhapatnam at Kotak Mahindara Life Insurance earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Senior Sales 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 Sales Manager at Kotak Mahindara Life Insurance in Visakhapatnam?
The estimated take-home salary of a Senior Sales Manager at Kotak Mahindara Life Insurance in Visakhapatnam typically ranges from ₹29,874 to ₹31,191 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 4 years to 6 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.
What are the key skills required to be a Senior Sales Manager at Kotak Mahindara Life Insurance in Visakhapatnam?
To be a Senior Sales Manager at Kotak Mahindara Life Insurance in Visakhapatnam, the key skills required include:

  • - institutional sales
  • - B2B Sales
  • - Team Handling
  • - Life Insurance
  • - General Insurance

These skills are highly valued at Kotak Mahindara Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Kotak Mahindara Life Insurance for Senior Sales Manager in India?
ICICI Lombard General Insurance Company ₹4.5 Lakhs to ₹9.0 Lakhs per year
Freyr Energy Services ₹6.5 Lakhs to ₹7.8 Lakhs per year
HDFC Life ₹6.0 Lakhs to ₹6.9 Lakhs per year
Future Generali India Life Insurance ₹5.0 Lakhs to ₹6.0 Lakhs per year
PNB MetLife ₹3.3 Lakhs to ₹4.2 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 Sales Manager at Kotak Mahindara Life Insurance in Visakhapatnam?
The salary growth for a Senior Sales Manager at Kotak Mahindara Life Insurance in Visakhapatnam depends on factors such as experience, performance, and promotions. On average, a Senior Sales Manager in Visakhapatnam can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
4 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
5 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
6 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
and so on.

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Kotak Mahindara Life Insurance Senior Sales Manager salary in Visakhapatnam ranges between ₹3.6 Lakhs to ₹4.3 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.