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3.8

based on 2.6k Reviews

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Kotak Mahindara Life Insurance Senior Territory Sales Manager salaries in India

Annual salary range
14 - 15 years exp.
₹4.1 Lakhs - ₹5.2 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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Last Updated: 14 Mar 2023

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Senior Territory Sales Manager salary at Kotak Mahindara Life Insurance ranges between ₹4.1 Lakhs to ₹5.2 Lakhs per year for employees with experience between 14 years to 15 years. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindara Life Insurance.

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Salary related reviews for Kotak Mahindara Life Insurance

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

 · 

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..

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

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.

read more

BFSI, Investments & Trading Department

4.0
  •  posted on 16 Jun 2020

2.0
 for  Salary and Benefits

Likes

...fe.Team mates are supportive. This is the second appraisal but mine is not done. Till now no salary hike which demotivate employee .work culture is good.

read more

Dislikes

Politics.low or no salary hike. Appraise are not done fairly. No defined timing to work.

read more
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Kotak Mahindara Life Insurance Senior Territory Sales Manager Salary FAQs

What is the notice period for Senior Territory Sales Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Senior Territory Sales Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindara Life Insurance Senior Territory Sales Manager salary in India ranges between ₹4.1 Lakhs to ₹5.2 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindara Life Insurance.